INTERNATIONAL WOMEN'S MEDIA FOUNDA… - Form 990 Financial Data

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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

1989

Legal Domicile

Principal Officer

ELISA LEES MUNOZ

Phone

2024961992

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL WOMEN'S MEDIA FOUNDATION, founded in 1989, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.9M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE IWMF IS THE ONLY GLOBAL ORGANIZATION BUILT TO SERVE THE HOLISTIC NEEDS OF WOMEN AND NONBINARY JOURNALISTS. WE ARE A BOLD AND INCLUSIVE ORGANIZATION THAT SUPPORTS JOURNALISTS WHERE THEY ARE WITH AWARDS, REPORTING OPPORTUNITIES, FELLOWSHIPS, GRANTS, SAFETY TRAINING AND EMERGENCY AID. AS ONE OF THE LARGEST SUPPORTERS OF WOMEN-PRODUCED JOURNALISM, OUR TRANSFORMATIVE WORK STRENGTHENS EQUAL OPPORTUNITY AND PRESS FREEDOM WORLDWIDE. WE UNLEASH THE POTENTIAL OF WOMEN JOURNALISTS AS CHAMPIONS OF PRESS FREEDOM TO TRANSFORM THE GLOBAL NEWS MEDIA.

Program Service Accomplishments

Program 1

Expenses: $2,522,087

TRAINING AND RESEARCH: THE FOUNDATION SPONSORS TRAINING PROGRAMS. PARTICIPANTS IN THE FOUNDATION'S TRAINING PROGRAMS BECOME HIGHLY SKILLED JOURNALISTS. THEY EARN PROMOTIONS AND AWARDS AS A RESULT OF THE REPORTING SKILLS ACQUIRED THROUGH THE FOUNDATION'S TRAINING PROGRAMS AND BRING POSITIVE CHANGE TO THEIR NEWSROOMS. THE FOUNDATION'S REPORTING FELLOWS BECOME SPECIALISTS THROUGH EXPOSURE TO A WIDE VARIETY OF EXPERTS AND THEY PRODUCE HIGH-QUALITY, IN-DEPTH REPORTING ON ISSUES OF GLOBAL IMPORTANCE THROUGH A GENDERED PERSPECTIVE.

Program 2

Expenses: $575,006

EMERGENCY FUNDS: THESE FUNDS SUPPORT JOURNALISTS WITH IMMEDIATE NEEDS RELATED TO THEIR PROFESSIONAL WORK, SUCH AS MEDICAL AID, DESTROYED OR STOLEN EQUIPMENT AND PROTECTIVE GEAR; LONG-TERM JOURNALIST NEEDS SUCH AS TRAUMA, MENTAL HEALTH SERVICES AND REFERRALS TO LEGAL SUPPORT; AND JOURNALISTS TARGETED AS A RESULT OF THEIR REPORTING AT EVENTS RELATED TO BUT NOT LIMITED TO ELECTIONS, CIVIL MOVEMENTS AND OTHER CHALLENGING ENVIRONMENTS.

Program 3

Expenses: $55,126

COURAGE AWARDS: SINCE 1990, THE COURAGE IN JOURNALISM AWARD HONORS WOMEN JOURNALISTS WHO SET THEMSELVES APART BY THEIR EXTRAORDINARY BRAVERY, AND THE LIFETIME ACHIEVEMENT AWARD IS GIVEN IN...

COURAGE AWARDS: SINCE 1990, THE COURAGE IN JOURNALISM AWARD HONORS WOMEN JOURNALISTS WHO SET THEMSELVES APART BY THEIR EXTRAORDINARY BRAVERY, AND THE LIFETIME ACHIEVEMENT AWARD IS GIVEN IN RECOGNITION OF MEDIA INDUSTRY PIONEERS WHO KICK DOWN BARRIERS TO EQUALITY AND JUSTICE. SINCE 1990, THE FOUNDATION HAS HONORED MORE THAN 123 WOMEN JOURNALISTS FROM 61 COUNTRIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,196,957

Program Service Revenue $0

Investment Income $179,289

Other Revenue $-486,837

TOTAL REVENUE $4,889,409

Expense Breakdown

Grants Paid $1,251,527

Salaries & Benefits $1,770,524

Fundraising Expenses $371,881

Program Expenses $3,152,219

Other Expenses $1,614,109

TOTAL EXPENSES $4,836,160

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,889,409	$4,479,380	+0.1%
Expenses	$4,836,160	$5,399,596	-0.1%
Net Income	$53,249	$-920,216	-1.1%

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

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

$260,209

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC HARRIS	TREASURER	2.00	Officer Director	$0	$0	$0
STEPHANIE KAUFFMAN	CO-CHAIR	3.00	Officer Director	$0	$0	$0
SUZANNE MALVEAUX	CO-CHAIR	3.00	Officer Director	$0	$0	$0
LINDA DOUGLASS	VICE-CHAIR	3.00	Officer Director	$0	$0	$0
JENNIFER REINGOLD	CO-VICE CHAIR	3.00	Officer Director	$0	$0	$0
GRETA WILLIAMS	LEGAL COUNCIL	2.00	Officer Director	$0	$0	$0
RAFAT ALI	DIRECTOR	1.00	Director	$0	$0	$0
HANNAH ALLAM	DIRECTOR	1.00	Director	$0	$0	$0
INGRID CIPRIAN-MATTHEWS	DIRECTOR	1.00	Director	$0	$0	$0
KRISTINE CORATTI	DIRECTOR	1.00	Director	$0	$0	$0
CINDI LEIVE	DIRECTOR	1.00	Director	$0	$0	$0
LINDA MASON	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
NORAH O'DONNELL	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA OPPENHEIM	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG NEWMARK	DIRECTOR	1.00	Director	$0	$0	$0
KERRY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
MATT WINKLER	DIRECTOR	1.00	Director	$0	$0	$0
RENE JONES	DIRECTOR	0.60	Director	$0	$0	$0
VERSHA SHARMA	DIRECTOR	0.15	Director	$0	$0	$0
JIM BRADY	DIRECTOR (FROM 6/2023)	0.20	Director	$0	$0	$0
TARA KANGARLOU	DIRECTOR (FROM 6/2023)	0.20	Director	$0	$0	$0
ELISA LEES MUNOZ	EXECUTIVE DIRECTOR	40.00	Officer	$238,812	$21,397	$260,209
NADINE HOFFMAN	DEPUTY EXECUTIVE DIRECTOR	40.00	Highest	$171,312	$14,826	$186,138
CHARLOTTE FOX	DIRECTOR OF COMMUNICATIONS	40.00	Highest	$156,174	$13,570	$169,744
ADENA MARTIN	DIRECTOR OF OPERATIONS	40.00	Highest	$135,659	$19,201	$154,860
TARA GATEWOOD	DIRECTOR, FUND FOR INDIGENOUS JOURNALISTS	40.00	Highest	$121,598	$13,957	$135,555
JUANITA ISLAS	DIRECTOR OF PROGRAMS	40.00	Highest	$122,393	$11,729	$134,122

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	$4,889,409	$4,836,160	$6,448,471	$53,249
2022	$4,479,380	$5,399,596	$6,723,425	$-920,216
2021	$6,735,111	$5,455,957	$17,214,124	$1,279,154
2020	$4,241,727	$4,396,023	$16,056,037	$-154,296
2019	$3,041,081	$4,971,662	$6,010,168	$-1,930,581
2018	$4,278,661	$5,060,681	$7,899,789	$-782,020

INTERNATIONAL WOMEN'S MEDIA FOUNDATION