Dallas Express Media
- Assets
- $117.0k
- Revenue
- $330.0k
- Investments
- $0.0
- Employees
- 9
- Location
- Dallas, TX
- Founding
- Data as of
- 12/2021
- EIN
- 85-3994413
Organization Overview
Dallas Express Media is located in Dallas, TX. 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, Dallas Express Media employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Express Media 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
TO PROVIDE UNBIASED, NON-PARTISAN NEWS COVERAGE FOR THE CITY AND COUNTY OF DALLAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DALLAS EXPRESS MEDIA IS A GENERAL INTEREST DAILY NEWS SOURCE COVERING EVENTS, ACTIVITIES, AND CITIZENS OF THE CITY OF DALLAS AND DALLAS COUNTY. THE ORGANIZATION WAS CREATED TO FILL A VOID IN THE DALLAS METROPLEX COMMUNITIES FOR FACT-BASED, NON-OPINION NEWS. DURING 2021, THE ORGANIZATION WAS ABLE TO ESTABLISH A NEWS WEBSITE AND BEGAN PRODUCING CONTENT WHICH RESULTED IN 8,178 ARTICLES BEING POSTED AND GAINING OVER 6,000 NEWSLETTER SUBSCRIBERS. THE ORGANIZATION WAS ABLE TO ESTABLISH THEIR SOCIAL MEDIA PRESENCE AND BRAND AWARENESS WITH OVER 135,000 LIKES ON THE ORGANIZATION'S FACEBOOK PAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Montgomery Bennett President/di | OfficerTrustee | 5 | $0 |
Brian Wheeler Secretary/di | OfficerTrustee | 1 | $0 |
Sarah Bennet Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $329,975 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $329,975 |
| 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 | $329,975 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,688 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,899 |
| Payroll taxes | $6,076 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $109,544 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $60,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $368,036 |
| Advertising and promotion | $0 |
| Office expenses | $2,302 |
| Information technology | $194,001 |
| Royalties | $0 |
| Occupancy | $10,311 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $3,367 |
| All other expenses | $1,337 |
| Total functional expenses | $837,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,988 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $116,988 |
| Accounts payable and accrued expenses | $0 |
| 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 | $657,074 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $657,074 |
| Net assets without donor restrictions | -$540,086 |
| 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 | $116,988 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dallas Express Media has recieved totaling $194,975.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $99,975 |
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $95,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Texas Public Broadcasting Inc Dallas, TX | $55,596,237 | $28,075,482 |
19th News Austin, TX | $21,584,560 | $14,541,849 |
Houston Christian Broadcasters Inc Houston, TX | $13,908,658 | $4,581,880 |
Ubongo International Austin, TX | $5,077,785 | $2,839,970 |
South Texas Public Broadcasting System Corpus Christi, TX | $9,349,608 | $2,198,277 |
Capitol Broadcasting Association Inc Austin, TX | $11,419,907 | $3,656,134 |
Acadiana Open Channel Inc Lafayette, LA | $521,946 | $724,630 |
Dallas Express Media Dallas, TX | $116,988 | $329,975 |
Oklahoma Watch Inc Oklahoma City, OK | $563,397 | $1,089,252 |
Brazos Valley Public Broadcasting Foundation Waco, TX | $1,777,522 | $819,023 |
Louisiana Association Of Broadcasters Baton Rouge, LA | $1,966,076 | $788,764 |
New Mexico Broadcasters Association Albuquerque, NM | $858,591 | $676,786 |