Foundation For American Content And Entertainment is located in Farmington Hills, MI. The organization was established in 2019. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Foundation For American Content And Entertainment employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For American Content And Entertainment is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRODUCE BIPARTISAN CONTENT THAT ELEVATES DIVERSE VOICES THAT ARE OFTEN IGNORED BY THE CONVENTIONAL MEDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCE BIPARTISAN CONTENT THAT ELEVATES DIVERSE VOICES THAT ARE OFTEN IGNORED BY THE CONVENTIONAL MEDIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Grasso CEO Director | OfficerTrustee | 40 | $63,767 |
Scott Hantler Director | Trustee | 5 | $23,000 |
Phil Willard CFO | Officer | 5 | $18,000 |
Steve Hantler Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,400,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,400,000 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,400,000 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $250,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $81,767 |
Compensation of current officers, directors, key employees. | $8,177 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $59,595 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $6,837 |
Payroll taxes | $11,429 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,800 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $258,561 |
Office expenses | $29,086 |
Information technology | $43,408 |
Royalties | $0 |
Occupancy | $34,957 |
Travel | $10,750 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $555 |
Insurance | $4,935 |
All other expenses | $0 |
Total functional expenses | $807,680 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $599,659 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,778 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $14,667 |
Other assets | $0 |
Total assets | $616,104 |
Accounts payable and accrued expenses | $20,742 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $21,187 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $41,929 |
Net assets without donor restrictions | $574,175 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $616,104 |
Over the last fiscal year, we have identified 1 grants that Foundation For American Content And Entertainment has recieved totaling $150,000.
Awarding Organization | Amount |
---|---|
Informing America Inc Washington, DC PURPOSE: PRODUCE MEDIA TO FOCUS ON PUBLIC-INTEREST POLICY | $150,000 |
Organization Name | Assets | Revenue |
---|---|---|
1389 Superior Credit Union Inc Lima, OH | $1,486,357,264 | $59,843,984 |
Tri-County Communications Cooperative Inc Strum, WI | $52,913,250 | $19,988,134 |
Santa Fe Communications Inc Milwaukee, WI | $17,891,778 | $16,474,876 |
Public Broadcasting Foundation Of Northwest Ohio Toledo, OH | $15,996,802 | $5,353,676 |
Odva Inc Ann Arbor, MI | $9,332,381 | $4,655,782 |
Jack Van Impe Ministries Rochester Hills, MI | $11,882,515 | $4,233,402 |
Indiana Public Broadcasting Stations Inc Indianapolis, IN | $3,521,484 | $3,421,083 |
Michigan Association Of Broadcasters Lansing, MI | $4,071,084 | $1,659,520 |
Society Of Broadcast Engineers Indianapolis, IN | $1,729,949 | $1,301,351 |
Media Working Group Cincinnati, OH | $669,554 | $1,547,346 |
Otec Communication Company Ottoville, OH | $4,208,102 | $1,021,167 |
Indiana Broadcasters Association Inc Carmel, IN | $2,805,617 | $990,810 |