Central Current Inc
- Assets
- $53.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- Data as of
- 12/2021
- EIN
- 86-1656116
Organization Overview
Central Current Inc is located in Syracuse, NY. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Current Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Central Current Inc generated $116.8k in total revenue. All expenses for the organization totaled $68.9k during the year ending 12/2021. While expenses have increased by 114.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
UTILIZE THE FULL CAPABILITIES OF THE INTERNET TO PUBLISH AND DISTRIBUTE QUALITY JOURNALISM AND PRODUCE MEANINGFUL STORIES THROUGH WRITING, PHOTOGRAPHY AND OTHER FORMS OF MEDIA AND TO OFFER PROGRAMS AND EVENTS TO FOSTER AND FACILITATE AUDIENCE INTERACTION ON THE ISSUES THAT ARE COVERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roosevelt Wright Jr Vice Chair | 2 | $0 | |
Mary D'ambrosio Director | 1 | $0 | |
Laurence Bousquet Secretary And Treasurer | 4 | $0 | |
Anthony Malavenda Chair | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,014 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$173 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,841 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $625 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68,294 |
| Total expenses | $68,919 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,873 |
| Other assets | $0 |
| Total assets | $53,873 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,873 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Central Current Inc has recieved totaling $61,500.
| Awarding Organization | Amount |
|---|---|
Central New York Community Foundation Inc Syracuse, NY PURPOSE: GENERAL SUPPORT | $41,500 |
Duke Malavenda Foundation Inc Syracuse, NY PURPOSE: 2021 CONTRIBUTION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Public Media Nj Inc New York, NY | $13,143,046 | $9,787,571 |
Wmht Educational Telecommunications Inc Troy, NY | $24,630,036 | $10,052,137 |
Democracy Now Productions Inc New York, NY | $36,977,400 | $9,199,755 |
Public Broadcasting Council Of Central New York Inc Old Liverpool Syracuse, NY | $17,299,983 | $6,896,548 |
Jta-Mjl New Corp New York, NY | $4,638,573 | $7,369,921 |
Movement Alliance Project Philadelphia, PA | $7,765,411 | $9,112,322 |
Markup News Inc New York, NY | $7,207,134 | $6,862,028 |
Forward Assoc Inc New York, NY | $1,778,782 | $4,957,225 |
Queens Public Communications Corporation Flushing, NY | $19,316,266 | $6,693,975 |
Wskg Public Telecommunications Council Vestal, NY | $6,035,773 | $6,220,212 |
City Report Inc New York, NY | $6,536,494 | $7,232,654 |
Public Broadcasting Of Northwest Pennsylvania Inc Erie, PA | $6,521,948 | $5,078,720 |