MIDDLE EAST BROADCASTING NETWORKS INC

EIN: 421591205 501(c)(3) International Affairs

SPRINGFIELD, VA

Total Revenue
$113,294,820
Total Expenses
$108,986,086
Total Assets
$29,992,066
Net Assets
$3,138,185
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
DC
Principal Officer
ANNE R NOBLE
Phone
7038523861
Tax Period
2023-10-01 to 2024-09-30

MIDDLE EAST BROADCASTING NETWORKS INC, founded in 2003, is a major nonprofit in the International Affairs sector that reported $113.3M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $109.0M left a modest 4% surplus.

Mission

THE MISSION OF THE MIDDLE EAST BROADCASTING NETWORKS IS TO PROVIDE OBJECTIVE, ACCURATE, AND RELEVANT NEWS AND INFORMATION TO THE PEOPLE OF THE MIDDLE EAST ABOUT THE REGION, THE WORLD, AND THE UNITED STATES. MBN SUPPORTS DEMOCRATIC VALUES BY EXPANDING THE SPECTRUM OF IDEAS, OPINIONS, AND PERSPECTIVES AVAILABLE IN THE REGION'S MEDIA.

Program Service Accomplishments

Program 1
Expenses: $102,941,372

MBN IS AN ARABIC-LANGUAGE MULTIMEDIA ORGANIZATION THAT REACHES 34.1 MILLION PEOPLE IN THE MIDDLE EAST AND NORTH AFRICA (MENA) WEEKLY. REPORTERS WITHOUT BORDERS' 2023 REPORT REVEALED THAT PRESS...

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MBN IS AN ARABIC-LANGUAGE MULTIMEDIA ORGANIZATION THAT REACHES 34.1 MILLION PEOPLE IN THE MIDDLE EAST AND NORTH AFRICA (MENA) WEEKLY. REPORTERS WITHOUT BORDERS' 2023 REPORT REVEALED THAT PRESS FREEDOM IN MIDDLE EASTERN COUNTRIES WENT FROM BAD TO WORSE. PRESS FREEDOM AND JOUNALIST SAFETY REMAINED "VERY BAD" IN MOST OF THE NATIONS THAT MBN TARGETS.MBN IS MORE THAN JUST TWO 24/7 TELEVISION NETWORKS (ALHURRA AND ALHURRA-IRAQ), FIVE DIGITAL PLATFORMS (ALHURRA.OCOM, IRFAASAWTAK.COM, ELSAHA.COM, MAGHREBVOICES.COM AND RADIOSAWA.COM) AND A VARIETY OF PODCASTS. IT'S A TEAM OF JOUNALISTS ACROSS THE REGION, DEDICATED TO PRODUCING STORIES ON UNIVERSAL FREEDOM AND HUMAN RIGHTS THAT OFTEN GO UNREPORTED IN THE INDIGENOUS ARABIC PRESS. BY BRINGIN THESE STORIES TO THE FOREFRONT, MBN UNDERSCORES ITS COMMITMENT TO TOLERANCE, THE RULE OF LAW, INCLUSION AND SOCIAL JUSTICE.AMIDST THE INFLUENCE OF LOCAL, PAN-ARAB, AND FOREIGN-OWNED ARABIC CMEDIA OUTLETS IN THE REGION, WHICH ARE OFTEN SWAYED BY THE ECONOMIC, POLITICAL, AND RELIGIOUS INTERESTS OF THEIR FUNDERS, MBN STANDS AS A BEACON OF RELIABILITY. AUDIENCES CAN TRUST MBN TO DELIVER ACCURATE AND OBJECTIVE NEWS ABOUT THEIR COUNTRY, THE REGION, AND THE WORLD. THIS TRUST IS PARTICULARLY CRUCIAL AS THE REGION BECOMES MORE POLARIZED. IN ADDITION TO NEWS, MBN OFFERS IN-DEPTH DISCUSSIONS, INVESTIGATIVE REPORTS, AND THOUGHT-PROVOKING DOCUMENTARIES ABOUT ISSUES IN AND ABOUT THE REGION, FURTHER SOLIDIFYING ITS ROLE AS A TRUSTED SOURCE OF INFORMATION.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $113,294,820
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $113,294,820

Expense Breakdown

Grants Paid $0
Salaries & Benefits $71,149,644
Fundraising Expenses $0
Program Expenses $102,941,372
Other Expenses $37,836,442
TOTAL EXPENSES $108,986,086

Year-over-Year Comparison

2023 2022 Change
Revenue $113,294,820 $127,303,540 -0.1%
Expenses $108,986,086 $130,045,693 -0.2%
Net Income $4,308,734 $-2,742,153 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
517
Volunteers
5

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
4
$448,575
Total Directors
5
$0
Key Employees
1
$183,559
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES O'SHEA CHAIR END 06/24 1.00
Director
$0 $0 $0
AMB RYAN CROCKER INTERIM CHAIR BEG. 06/24 1.00
Director
$0 $0 $0
ALIA IBRAHIM DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY MCNULTY DIRECTOR 1.00
Director
$0 $0 $0
AMB SUSAN ZIADEH DIRECTOR 1.00
Director
$0 $0 $0
HASSAN SHWIKI ACTING PRESIDENT THRU 4/24 40.00
Officer
$189,748 $20,892 $210,640
ANNE R NOBLE GENERAL COUNSEL & CORP. SEC. 40.00
Officer
$178,846 $13,663 $192,509
MOHAMMAD SAMIM SEDIQI CFO AND TREASURER BEG 10/23 40.00
Officer
$45,426 $0 $45,426
VICTOR JEFFREY GEDMIN ACTING PRESIDENT BEG 4/24 40.00
Officer
$0 $0 $0
KIM JACKSON CFO THRU 10/23 40.00
Key Emp
$180,121 $3,438 $183,559
THAER SOUKAR SENIOR DIRECTOR, DIGITAL 40.00
Highest
$172,847 $17,747 $190,594
WILLIAM SABATINI ACTING SENIOR DIRECTOR OF HR 40.00
Highest
$170,476 $17,619 $188,095
IMAD HAMED HAJ VP OF ADMINISTRATION 40.00
Highest
$173,863 $12,840 $186,703
AMR SAAD ALY HASSAN EL-KAHKY VICE PRESIDENT, PROGRAMMING 40.00
Highest
$173,005 $12,802 $185,807
MOHAMMED ALBARDAWIL SENIOR DIRECTOR, NEWS 40.00
Highest
$168,784 $15,124 $183,908
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 $103,044,417 $110,022,687 $31,648,384 $-6,978,270
2024 $113,294,820 $108,986,086 $29,992,066 $4,308,734
2023 $127,303,540 $130,045,693 $45,060,762 $-2,742,153
2022 $130,559,581 $130,779,366 $47,344,717 $-219,785
2021 $112,111,736 $112,274,140 $63,451,558 $-162,404
2020 $104,472,229 $103,916,579 $68,636,344 $555,650
2019 $101,209,379 $101,028,933 $61,443,610 $180,446
2018 $104,061,426 $104,605,550 $55,679,964 $-544,124
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