Portland Community Media
- Assets
- $5.0m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 27
- Location
- Portland, OR
- Founding
- 01/1982
- Data as of
- 06/2022
- EIN
- 93-0801581
Organization Overview
Portland Community Media, operating under the name Open Signal, is located in Portland, OR. The organization was established in 1982. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Open Signal employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Signal 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 06/2022, Open Signal generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPEN SIGNAL EMPOWERS THE COMMUNITY TO MAKE EFFECTIVE USE OF MEDIA FOR CREATIVE EXPRESSION, CIVIC PARTICIPATION AND CULTURAL EXCHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY MEDIA - THE ORGANIZATION PROVIDES ONLINE AND CABLE BROADCAST OF MUNICIPAL GOVERNMENT MEETINGS AND COMMUNITY EVENTS. TRAINING AND PRODUCTION TOOLS ENABLE COMMUNITY MEMBERS TO CREATE ORIGINAL MEDIA IN THEIR OWN VOICE. THROUGH APPLICATION-BASED PROGRAMS AND NONPROFIT PARTNERSHIPS, MEDIAMAKERS OF COLOR, LOW-INCOME MAKERS, AND ARTISTS WITH DISABILITIES RECEIVE SPECIALIZED TRAINING, CREATING A SAFE SPACE TO BUILD TECHNICAL AND ARTISTIC SKILLS, AND TO TAKE RISKS. OPEN SIGNAL BROADCASTS INDEPENDENTLY PRODUCED MEDIA, FROM PORTLAND AND BEYOND, ON FIVE LOCAL CABLE CHANNELS AND THROUGH A GROWING ONLINE PLATFORM. IN ADDITION, FOR-HIRE VIDEO PRODUCTION AND CLOSED CAPTIONING RAISES FUNDS TO SUPPORT COMMUNITY PROGRAMMING.
OPEN SIGNAL LABS - LABS CREATES SPACES BY AND FOR LOCAL BLACK MEDIA MAKERS TO CREATE FILMS THAT PUSH THE BOUNDARIES OF WHAT STORYTELLING CAN LOOK, FEEL AND SOUND LIKE. THIS PROGRAM CONVENES THE BLACK COMMUNITY THROUGH PRODUCTION, TRAINING, AND EVENTS, WITH A FOCUS ON CREATIVE AND PROFESSIONAL ADVANCEMENT FOR INDIVIDUAL FILMMAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Plakos Director Of Operations | Officer | 40 | $53,313 |
Ifanyi Bell Executive Producer, Os Labs | Officer | 40 | $73,284 |
James Bruce Director Of Information Systems | Officer | 40 | $70,494 |
Elisa Barrios Director Of Equity & Community | Officer | 40 | $61,448 |
Rebecca Burrell Director Of Strategy | Officer | 40 | $55,765 |
Karim Hassanein Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,122,733 |
| All other contributions, gifts, grants, and similar amounts not included above | $455,802 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,578,535 |
| Total Program Service Revenue | $1,331,343 |
| Investment income | $8,905 |
| 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 | $2,944,932 |
| 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. | $401,886 |
| Compensation of current officers, directors, key employees. | $140,387 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $361,909 |
| Pension plan accruals and contributions | $11,053 |
| Other employee benefits | $76,284 |
| Payroll taxes | $90,105 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,045 |
| Fees for services: Accounting | $115,677 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $103,159 |
| Advertising and promotion | $3,310 |
| Office expenses | $193,648 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,770 |
| Travel | $22,211 |
| 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 | $614,003 |
| Insurance | $28,470 |
| All other expenses | $0 |
| Total functional expenses | $2,197,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,083,588 |
| Savings and temporary cash investments | $400,293 |
| Pledges and grants receivable | $163,008 |
| Accounts receivable, net | $56,896 |
| 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 | $52,289 |
| Net Land, buildings, and equipment | $2,226,460 |
| Investments—publicly traded securities | $38,653 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,021,187 |
| Accounts payable and accrued expenses | $182,602 |
| Grants payable | $0 |
| Deferred revenue | $795,613 |
| 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 | $0 |
| Total liabilities | $978,215 |
| Net assets without donor restrictions | $3,762,800 |
| Net assets with donor restrictions | $280,172 |
| 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 | $5,021,187 |