Multicultural Media Telecom & Internet Council

EIN: 521880677 501(c)(3) Civil Rights & Advocacy

Washington, DC

Total Revenue
$1,639,421
Total Expenses
$1,455,484
Total Assets
$1,782,622
Net Assets
$1,751,770
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
DC
Principal Officer
Robert E Branson Pres CEO
Phone
2022616543
Tax Period
2023-01-01 to 2023-12-31

Multicultural Media Telecom & Internet Council, founded in 1994, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.6M in total revenue in fiscal year 2023. Expenses of $1.5M left a modest 11% surplus.

Mission

THE COUNCIL IS DEDICATED TO PROMOTING AND PRESERVING EQUAL OPPORTUNITY AND CIVIL RIGHTS IN THE MASS MEDIA, TELECOMMUNICATIONS AND BROADBAND INDUSTRIES.

Program Service Accomplishments

Program 1
Expenses: $913,828 Revenue: $352,000

MMTC ADVOCATES BEFORE THE FEDERAL COMMUNICATIONS COMMISSION AND OTHER FEDERAL AGENCIES TO PROMOTE DIVERSITY IN ECONOMIC, COMMUNICATIONS AND WORKFORCE POLICIES.

Program 2
Expenses: $177,396 Revenue: $46,250

MMTC CONVENES CONFERENCES AND SUMMITS TO EDUCATE AND TRAIN SOCIAL JUSTICE ADVOCATES IN ORDER TO ADVANCE DIVERSITY IN THE MEDIA, TELECOMMUNICATION INDUSTRIES AND TECHNOLOGY.

Program 3
Expenses: $173,392 Revenue: $40,500

MMTC FACILITATES TRANSACTIONS TO INCREASE OWNERSHIP OPPORTUNITIES FOR MINORITIES AND WOMEN IN THE REGULATED COMMUNICATIONS INDUSTRY.

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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 $1,166,258
Program Service Revenue $438,750
Investment Income $34,413
Other Revenue $0
TOTAL REVENUE $1,639,421

Expense Breakdown

Grants Paid $55,333
Salaries & Benefits $867,033
Fundraising Expenses $0
Program Expenses $1,264,616
Other Expenses $533,118
TOTAL EXPENSES $1,455,484

Year-over-Year Comparison

2023 2022 Change
Revenue $1,639,421 $1,669,642 0.0%
Expenses $1,455,484 $1,448,020 +0.0%
Net Income $183,937 $221,622 -0.2%
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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Governance

Voting Members
14
Independent Members
14
Employees
7
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
7
$365,815
Total Directors
14
$0
Key Employees
1
$178,802
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT BRANSON PRESIDENT 40.0
Officer
$215,000 $18,185 $233,185
FALLON WILSON VP POLICY 40.0
Key Emp
$170,000 $8,802 $178,802
DAVID E HONIG PRESIDENT EMERITUS - F/T 40.0
Officer
$115,000 $17,630 $132,630
HON HENRY M RIVERA CHAIR EMERITUS - P/T 0.0
Officer Director
$0 $0 $0
ERWIN KRASNOW VICE CHAIR - P/T 0.0
Officer Director
$0 $0 $0
NICOLAINE LAZARRE DIRECTOR - P/T 0.0
Director
$0 $0 $0
ANDREW SCHWARTZMAN DIRECTOR - P/T 0.0
Director
$0 $0 $0
LEO HINDERY DIRECTOR - P/T 0.0
Director
$0 $0 $0
FRANCISCO MONTERO DIRECTOR - P/T 0.0
Director
$0 $0 $0
ARI Q FITZGERALD SECRETARY- P/T 0.0
Officer Director
$0 $0 $0
HON DEBORAH TAYLOR TATE VICE CHAIR - P/T 0.0
Officer Director
$0 $0 $0
DR JANNETTE DATES DIRECTOR - P/T 0.0
Director
$0 $0 $0
DR RONALD JOHNSON CHAIR & TREASURER - P/T 0.0
Officer Director
$0 $0 $0
BRENT WILKES DIRECTOR-P/T 0.0
Director
$0 $0 $0
STEVEN C ROBERTS DIRECTOR-P/T 0.0
Director
$0 $0 $0
RODNEY SAMPSON DIRECTOR-P/T 0.0
Director
$0 $0 $0
RAUL ALACRON DIRECTOR-P/T 0.0
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 No data No data No data No data
2023 $1,639,421 $1,455,484 $1,782,622 $183,937
2022 $1,669,642 $1,448,020 $2,175,293 $221,622
2021 $1,945,838 $1,243,142 $2,287,561 $702,696
2020 $1,266,067 $1,117,727 $1,418,382 $148,340
2019 $1,313,344 $1,383,909 $1,233,691 $-70,565
2018 $1,545,086 $1,363,766 $928,087 $181,320
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