Overview

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Est.

1980

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

NAMIC INC is a not-for-profit trade association dedicated to advocating for multi-ethnic diversity within the communications industry, focusing on educating and empowering ethnic and racial minority rights while promoting business opportunities. With an operating budget of $3.1 million and total revenue of $3 million for the filing year 2024, the organization collaborates with leading media companies to advance the business case for diversity. NAMIC INC does not rely on a single funder for 50% or more of its revenue, ensuring a diverse support base for its initiatives. For more information, visit www.namic.com.

Mission Statement

NAMIC INC IS A NOT-FOR-PROFIT TRADE ASSOCIATION THAT EDUCATES, ADVOCATES AND EMPOWERS FOR MULTI-ETHNIC DIVERSITY IN THE COMMUNICATIONS INDUSTRY. IT CULTIVATES INDIVIDUAL CAREERS AS WELL AS PARTNERING WITH OUR COUNTRYS LEADING MEDIA COMPANIES WHO ARE COMMITTED TO ADVANCING THE BUSINESS CASE FOR DIVERSITY.
Revenues
$3M
Expenses
$3.4M
Net Income:
-$459K
Assets
$1.4M
Liabilities
$995.8K
Net Assets:
+$445.9K
Operating Budget
$3.1M
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
2
Median grant size
$361.2K
Largest grant received
$382.3K
A
A Shuanise Washington
Board Member
N
Nilda Gumbs
Board Member
S
Sheereen Russell
Board Member

Frequently Asked Questions

What is NAMIC INC’s budget?
In 2024, NAMIC INC reported an annual operating budget of around $3.1 million. More detailed financial information is available to registered users.
What causes does NAMIC INC support?
NAMIC INC supports work in Ethnic and racial minority rights and Business promotion.
Where does NAMIC INC operate?
NAMIC INC is headquartered in New York, NY.
Who funded NAMIC INC recently?
In 2024, NAMIC INC received grants from NATIONAL ASSOCIATION FOR MULTI-ETHNICITY IN COMMUNICATIONS FOUNDATION, THE WALTER KAITZ FOUNDATION, and NATIONAL ASSOCIATION FOR MULTI-ETHNICITY IN COMMUNICATIONS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant NAMIC INC received in 2024?
The largest grant to NAMIC INC in 2024 exceeds $382 thousand.