Overview

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Est.

2023

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

NEW MEDIA VENTURES is a nonprofit organization dedicated to transforming the investment landscape to empower more individuals and communities. With an operating budget of $1.8 million and total revenue of $1.4 million for the 2024 filing year, the organization is supported by key funders, including the TIDES FOUNDATION. The organization's mission emphasizes the importance of changing capital investment strategies to shift power structures in favor of broader societal benefit.

Mission Statement

WE BELIEVE THAT BY CHANGING WHERE CAPITAL IS INVESTED, WE CAN SHIFT THE STRUCTURES OF POWER TO BENEFIT MORE PEOPLE.
Revenues
$1.4M
Expenses
$2.2M
Net Income:
-$753.4K
Assets
$356.8K
Liabilities
$11.3K
Net Assets:
+$345.5K
Operating Budget
$1.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$1.1M
Largest grant received
$1.1M
C
Carlissia Graham
Board Member
C
Cheryl Contee
Board Member
D
Daaiyah Bilal-Threats
Board Member

Frequently Asked Questions

What is NEW MEDIA VENTURES’s budget?
In 2024, NEW MEDIA VENTURES reported an annual operating budget of around $1.8 million. More detailed financial information is available to registered users.
Where does NEW MEDIA VENTURES operate?
NEW MEDIA VENTURES is headquartered in Sacramento, CA.
Who funded NEW MEDIA VENTURES recently?
In 2024, NEW MEDIA VENTURES received grants from TIDES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant NEW MEDIA VENTURES received in 2024?
The largest grant to NEW MEDIA VENTURES in 2024 exceeds $1.1 million.