Independent Media Institute

EIN: 521309876 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$1,566,417
Total Expenses
$1,338,905
Total Assets
$789,228
Net Assets
$653,489
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
CA
Tax Period
2023-01-01 to 2023-12-31

Independent Media Institute, founded in 1977, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 15% surplus.

Mission

IMI amplifies the reach and impact of the work produced by our partner journalists,public intellectuals and editorial teams on the leading issues of our times. The goal is to educate, inspire, and collaborate with movements and visionaries who are fighting for social change - and prevent the worst from happening.The organization provides a range of services to its partners: editing and qualitycontrol, visual design and assistance with website and technical development, project design and fundraising development, syndication to partner pubications, andmarketing, promotion, and media bookings through its extensive email and social media channels.IMI History:For more than three decades, the Independent Media Institute has served the pubicthrough the creation and distribution of content about political and social issues.It's produced a range of reports and in 1998, IMI founded AlterNet, an award-winningnews website that published original reporting by independent investigativejournalists,

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,566,417
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,566,417

Expense Breakdown

Grants Paid $0
Salaries & Benefits $608,552
Fundraising Expenses $65,808
Program Expenses $918,692
Other Expenses $730,353
TOTAL EXPENSES $1,338,905

Year-over-Year Comparison

2023 2022 Change
Revenue $1,566,417 $1,092,096 +0.4%
Expenses $1,338,905 $1,365,031 0.0%
Net Income $227,512 $-272,935 -1.8%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
6
Independent Members
6
Employees
8
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
4
$161,345
Total Directors
5
$161,345
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jan Frel Executive Dir. 40.00
Officer Director
$161,345 $0 $161,345
Terri Shuck Board Chair 2.00
Director
$0 $0 $0
Buff Ross Treasurer 2.00
Officer Director
$0 $0 $0
Louise Hartman Board Member 2.00
Director
$0 $0 $0
Leo Bottrill Secretary 2.00
Officer Director
$0 $0 $0
Gabriel Pacheco Treasurer 2.00
Officer
$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 No data No data No data No data
2023 $1,566,417 $1,338,905 $789,228 $227,512
2022 $1,092,096 $1,365,031 $539,310 $-272,935
2021 $1,587,041 $1,697,166 $812,350 $-110,125
2020 $1,443,749 $1,328,627 $1,000,078 $115,122
2019 $1,190,833 $1,121,125 $783,867 $69,708
2019 $1,190,833 $1,121,125 $783,867 $69,708
2018 $1,325,567 $1,563,643 $1,220,086 $-238,076
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