Chicago Sun-Times Media Inc
- Assets
- $31.3m
- Revenue
- $45.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 06/2022
- EIN
- 87-4304197
Organization Overview
Chicago Sun-Times Media Inc is located in Chicago, IL. Chicago Sun-Times Media Inc 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHICAGO SUN-TIMES MEDIA PROVIDES NEWS AND INFORMATION THROUGH LOCAL AND INDEPENDENT JOURNALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHICAGO SUN-TIMES MEDIA IS A 501(C)(3) CHARITABLE ORGANIZATION THAT SERVES THE PUBLIC INTEREST BY EDUCATING THE PUBLIC THROUGH LOCAL AND INDEPENDENT JOURNALISM AND RELATED CONTENT VIA PRINT AND DIGITAL PUBLICATIONS, WEBSITES, MOBILE APPS, SOCIAL MEDIA, AND COMMUNITY ENGAGEMENT. IN SO DOING, CHICAGO SUN-TIMES MEDIA SEEKS AT ALL TIMES TO PROVIDE AND AMPLIFY A RANGE OF DIVERSE AND COMPELLING PERSPECTIVES REGARDING ISSUES THAT MATTER TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Moog Board Chair | OfficerTrustee | 12 | $0 |
Nykia Wright CEO | Officer | 40 | $0 |
Cynthia Photos Abbott Secretary | Officer | 10 | $0 |
Rina Dedhia Treasurer | Officer | 12 | $0 |
Lerry J Knox Jr Director | Trustee | 1.25 | $0 |
Kristen Mack Director | Trustee | 1.25 | $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 | $32,107,702 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,107,702 |
| Total Program Service Revenue | $12,978,866 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $67,273 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $125,224 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,298,251 |
| 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. | $504,125 |
| Compensation of current officers, directors, key employees. | $244,934 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,085,652 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $528,074 |
| Payroll taxes | $372,024 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $189,949 |
| Fees for services: Accounting | $130,576 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,597,981 |
| Advertising and promotion | $196,655 |
| Office expenses | $176,001 |
| Information technology | $680,411 |
| Royalties | $0 |
| Occupancy | $329,140 |
| Travel | $124,551 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,353 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $199,554 |
| Insurance | $144,777 |
| All other expenses | $1,146,673 |
| Total functional expenses | $15,535,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,052,840 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $19,762,382 |
| Accounts receivable, net | $1,202,044 |
| 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 | $569,312 |
| Net Land, buildings, and equipment | $128,020 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,619,883 |
| Total assets | $31,334,481 |
| Accounts payable and accrued expenses | $2,076,780 |
| Grants payable | $0 |
| Deferred revenue | $3,266,889 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,807 |
| Total liabilities | $5,361,476 |
| Net assets without donor restrictions | $25,973,005 |
| 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 | $31,334,481 |
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