Overview

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Est.

2019

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

The Massachusetts Media Fund Inc, with EIN 83-4616910, is a nonprofit organization dedicated to supporting the development and production of independent news. Operating with a budget of $180.8K and total revenue of $306.4K for the 2024 filing year, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their website at https://binj.news/.

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Mission Statement

SUPPORTS THE DEVELOPMENT AND PRODUCTION OF INDEPENDENT NEWS.

Cause Areas

1
Communication media
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Financials

2024
Revenues
$306.4K
Expenses
$180.8K
Net Income:
+$125.7K
Assets
$147.9K
Liabilities
$0
Net Assets:
+$147.9K

Financial Trends

2024
Operating Budget
$180.8K
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
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
REVA AND DAVID LOGAN FOUNDATION
Chicago, IL, US
$71.2M
< 1%
Logo for "Democracy Fund Inc"
Democracy Fund Inc
Washington, DC, US
$147.7M
< 1%
Logo for "The Miami Foundation"
The Miami Foundation
MIAMI, FL, US
$230M
< 1%

Grants Received

2024
Total No. of Grants
5
Median grant size
$20K
Largest grant received
$125K

Board & Team

J
John Loftus
Board Member
C
Christopher Faraone
Board Member
J
Jason Pramas
Board Member

Frequently Asked Questions

What is MASSACHUSETTS MEDIA FUND INC’s budget?
In 2024, MASSACHUSETTS MEDIA FUND INC reported an annual operating budget of around $181 thousand. More detailed financial information is available to registered users.
What causes does MASSACHUSETTS MEDIA FUND INC support?
MASSACHUSETTS MEDIA FUND INC supports work in Communication media.
Where does MASSACHUSETTS MEDIA FUND INC operate?
MASSACHUSETTS MEDIA FUND INC is headquartered in SOMERVILLE, MA.
Who funded MASSACHUSETTS MEDIA FUND INC recently?
In 2024, MASSACHUSETTS MEDIA FUND INC received grants from REVA AND DAVID LOGAN FOUNDATION, The Miami Foundation, and INSTITUTE FOR NONPROFIT NEWS. More information on this organization’s funders is available to registered users.
What is the largest grant MASSACHUSETTS MEDIA FUND INC received in 2024?
The largest grant to MASSACHUSETTS MEDIA FUND INC in 2024 exceeds $125 thousand.