THE FUTURO MEDIA GROUP

EIN: 272077349 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$5,712,775
Total Expenses
$4,776,408
Total Assets
$5,144,947
Net Assets
$4,819,903
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MO
Principal Officer
MARLON BISHOP
Phone
8883145559
Tax Period
2024-01-01 to 2024-12-31

THE FUTURO MEDIA GROUP, founded in 2009, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.7M in total revenue in fiscal year 2024. The organization ran a surplus of $936K, a strong 16% operating margin.

Mission

THE FUTURO MEDIA GROUP IS AN INDEPENDENT, NONPROFIT ORGANIZATION VOICE TO THE DIVERSITY OF THE AMERICAN EXPERIENCE. FOUNDED IN 2010 BY AWARD-WINNING JOURNALIST MARIA HINOJOSA, FUTURO MEDIA IS COMMITTED TO TELLING STORIES FROM A POINT OF VIEW OFTEN OVERLOOKED BY THE MAINSTREAM MEDIA. FUTURO MEDIA PRODUCES PEABODY AWARD-WINNING LATINO USA, PUBLIC RADIO'S LONGEST RUNNING NATIONAL LATINO NEWS AND CULTURAL WEEKLY RADIO PROGRAM, IN THE THICK, A POLITICS PODCAST FROM THE PERSPECTIVE OF JOURNALISTS OF COLOR.

Program Service Accomplishments

Program 1
Expenses: $3,590,724 Revenue: $1,368,934

THE FUTURO MEDIA GROUP IS AN INDEPENDENT, NONPROFIT ORGANIZATION VOICE TO THE DIVERSITY OF THE AMERICAN EXPERIENCE. FOUNDED IN 2010 BY AWARD-WINNING JOURNALIST MARIA HINOJOSA, FUTURO MEDIA IS...

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THE FUTURO MEDIA GROUP IS AN INDEPENDENT, NONPROFIT ORGANIZATION VOICE TO THE DIVERSITY OF THE AMERICAN EXPERIENCE. FOUNDED IN 2010 BY AWARD-WINNING JOURNALIST MARIA HINOJOSA, FUTURO MEDIA IS COMMITTED TO TELLING STORIES FROM A POINT OF VIEW OFTEN OVERLOOKED BY THE MAINSTREAM MEDIA. FUTURO MEDIA PRODUCES PEABODY AWARD-WINNING LATINO USA, PUBLIC RADIO'S LONGEST RUNNING NATIONAL LATINO NEWS AND CULTURAL WEEKLY RADIO PROGRAM, IN THE THICK, A POLITICS PODCAST FROM THE PERSPECTIVE OF JOURNALISTS OF COLOR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,308,671
Program Service Revenue $1,368,934
Investment Income $5,170
Other Revenue $30,000
TOTAL REVENUE $5,712,775

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,086,018
Fundraising Expenses $451,942
Program Expenses $3,590,724
Other Expenses $1,690,390
TOTAL EXPENSES $4,776,408

Year-over-Year Comparison

2024 2023 Change
Revenue $5,712,775 $5,925,622 0.0%
Expenses $4,776,408 $6,311,608 -0.2%
Net Income $936,367 $-385,986 -3.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
N/A
Employees
28
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$513,861
Total Directors
10
$513,861
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIA HINOJOSA PRESIDENT 40.00
Officer Director
$190,000 $0 $190,000
DEEPA DONDE BOARD CHAIR & AUDIT CHAIR 0.00
Officer Director
$0 $0 $0
BRENDA CAMACHO TREASURER 0.00
Officer Director
$0 $0 $0
JONATHAN GARCIA BOARD MEMBER 0.00
Director
$0 $0 $0
PENILEY RAMIREZ CO-EXECUTIVE DIRECTOR/CEO 40.00
Officer Director
$162,384 $0 $162,384
BILL HING BOARD MEMBER 0.00
Director
$0 $0 $0
PHIL SCHREIBER BOARD MEMBER 0.00
Director
$0 $0 $0
MARIA TERESA ROJAS BOARD MEMBER 0.00
Director
$0 $0 $0
MARLON BISHOP CO-EXECUTIVE DIRECTOR/CEO 40.00
Officer Director
$161,477 $0 $161,477
YOLETTE GARCIA BOARD MEMBER 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $5,712,775 $4,776,408 $5,144,947 $936,367
2023 $5,925,622 $6,311,608 $4,888,167 $-385,986
2022 $6,659,481 $6,413,348 $2,493,669 $246,133
2021 $5,947,446 $6,017,368 $3,357,406 $-69,922
2020 $5,394,368 $3,758,476 $5,022,053 $1,635,892
2019 $5,824,770 $3,844,028 $3,428,991 $1,980,742
2018 $2,345,567 $2,880,826 $826,312 $-535,259
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