MEDIA MATTERS FOR AMERICA

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

ANGELO CARUSONE

Phone

2027564100

Tax Period

2024-01-01 to 2024-12-31

MEDIA MATTERS FOR AMERICA, founded in 2003, is a mid-sized nonprofit in the Education sector that reported $21.9M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $27.4M exceeded revenue, resulting in a 25% operating deficit.

Mission

DEDICATED TO COMPREHENSIVELY MONITORING, ANALYZING, AND CORRECTING CONSERVATIVE MISINFORMATION IN THE U.S. MEDIA.

Program Service Accomplishments

Program 1

Expenses: $22,646,889

MEDIA MATTERS FOR AMERICA WORKS TO NOTIFY ACTIVISTS, JOURNALISTS, PUNDITS AND THE GENERAL PUBLIC ABOUT INSTANCES OF MISINFORMATION, PROVIDING THEM WITH THE RESOURCES TO REBUT FALSE CLAIMS AND TAKE...

MEDIA MATTERS FOR AMERICA WORKS TO NOTIFY ACTIVISTS, JOURNALISTS, PUNDITS AND THE GENERAL PUBLIC ABOUT INSTANCES OF MISINFORMATION, PROVIDING THEM WITH THE RESOURCES TO REBUT FALSE CLAIMS AND TAKE DIRECT ACTION AGAINST OFFENDING MEDIA INSTITUTIONS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,578,521

Program Service Revenue $0

Investment Income $152,585

Other Revenue $1,126,358

TOTAL REVENUE $21,857,464

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $10,750,199

Fundraising Expenses $2,310,270

Program Expenses $22,646,889

Other Expenses $14,460,759

TOTAL EXPENSES $27,420,958

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,857,464	$19,564,571	+0.1%
Expenses	$27,420,958	$20,789,440	+0.3%
Net Income	$-5,563,494	$-1,224,869	+3.5%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

106

Volunteers

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

$1,461,677

Total Directors

$662,747

Key Employees

$735,879

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELO CARUSONE	PRESIDENT	71.00	Officer Director	$394,162	$18,416	$412,578
PILAR MARTINEZ	DIRECTOR AND CHIEF FINANCIAL OFFICER	30.00	Officer Director	$237,354	$12,815	$250,169
TOM CASTRO	TREASURER	1.00	Officer Director	$0	$0	$0
BONNIE TURNER	DIRECTOR	1.00	Director	$0	$0	$0
MARK BUELL	DIRECTOR	1.00	Director	$0	$0	$0
CECILE RICHARDS	DIRECTOR	1.00	Director	$0	$0	$0
WILL LIPPINCOTT LEFT IN 2024	SECRETARY	1.00	Officer Director	$0	$0	$0
OLIVER WILLIS LEFT IN 2024	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA PADERA	CHIEF OPERATING OFFICER	50.00	Officer	$323,776	$25,668	$349,444
SERGIO MUNOZ	VICE PRESIDENT, RESEARCH & POLICY	40.00	Officer	$211,119	$22,277	$233,396
JULIE MILLICAN	VICE PRESIDENT	50.00	Officer	$191,664	$24,426	$216,090
LAURA KEITER	SENIOR COMMUNICATIONS DIRECTOR	40.00	Key Emp	$170,987	$14,908	$185,895
BENJAMIN DIMIERO	EDITOR-IN-CHIEF	40.00	Key Emp	$168,620	$21,002	$189,622
JOHN WHITEHOUSE	SENIOR DIRECTOR	40.00	Key Emp	$175,000	$14,609	$189,609
SHARON KANN	SENIOR DIRECTOR, INNOVATION & IMPACT	40.00	Key Emp	$157,521	$13,232	$170,753
MATTHEW GERTZ	SENIOR FELLOW	40.00	Highest	$185,102	$25,830	$210,932
PAMELA VOGEL	SENIOR ADVISOR, TALENT & SKILLS DEVELOPMENT	40.00	Highest	$136,987	$13,842	$150,829
ANDREA ALFORD	EXTERNAL AFFAIRS DIRECTOR	40.00	Highest	$134,640	$13,409	$148,049
ELISABETH L POWER	MEDIA INTELLIGENCE DIRECTOR	40.00	Highest	$136,854	$12,984	$149,838
CARLOS MAZA	ORIGINAL VIDEO DIRECTOR	40.00	Highest	$121,487	$13,392	$134,879

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	$21,857,464	$27,420,958	$18,014,999	$-5,563,494
2023	$19,564,571	$20,789,440	$19,969,534	$-1,224,869
2022	$16,580,263	$18,767,158	$22,138,632	$-2,186,895
2021	$18,794,929	$15,895,193	$25,734,430	$2,899,736
2020	$18,033,820	$14,064,585	$23,181,800	$3,969,235
2019	$14,164,151	$13,594,863	$6,399,438	$569,288
2018	$14,923,403	$13,151,307	$5,386,698	$1,772,096