Midpeninsula Community Media Center Inc

EIN: 770095021 501(c)(3) Public & Societal Benefit

Palo Alto, CA

Total Revenue
$667,461
Total Expenses
$1,251,662
Total Assets
$4,874,794
Net Assets
$4,815,548
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
CA
Principal Officer
Bobby Chastain
Phone
6504948686
Tax Period
2023-01-01 to 2023-12-31

Midpeninsula Community Media Center Inc, founded in 1985, is a small nonprofit in the Public & Societal Benefit sector that reported $667K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 88% operating deficit.

Mission

To provide access to and serve as a repository for city and county government proceedings, Use and train on the use of various media, including television and the internet, to enable local community members to speak and act on behalf of their communities as well as create and distribute programs that promote, educate and celebrate individual expression, local achievements, education, cultural exchange, arts appreciation and civic engagement.

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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 $262,486
Program Service Revenue $283,404
Investment Income $95,980
Other Revenue $25,591
TOTAL REVENUE $667,461

Expense Breakdown

Grants Paid $0
Salaries & Benefits $542,619
Fundraising Expenses $35,972
Program Expenses $550,230
Other Expenses $709,043
TOTAL EXPENSES $1,251,662

Year-over-Year Comparison

2023 2022 Change
Revenue $667,461 $813,598 -0.2%
Expenses $1,251,662 $1,336,427 -0.1%
Net Income $-584,201 $-522,829 +0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
23
Volunteers
164

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
3
$0
Total Directors
12
$65,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gayathri Kanth Board Member 1.00
Director
$65,000 $0 $65,000
Tilak Kasturi President 1.00
Officer Director
$0 $0 $0
Tom Dubois Board Member 1.00
Director
$0 $0 $0
Peter Burns Secretary 1.00
Officer Director
$0 $0 $0
Ruta Puranik Treasurer 1.00
Officer Director
$0 $0 $0
Rebecca Sanders Board Member 1.00
Director
$0 $0 $0
Tom Cooper Member 1.00
Director
$0 $0 $0
Batya Bell De Berenfus Board Member 0.50
Director
$0 $0 $0
Lupita Alamos Board Member 0.50
Director
$0 $0 $0
Nick Szegda Member 0.50
Director
$0 $0 $0
Bobby Chastain Executive Dir. 20.00
Director
$0 $0 $0
Chuck Alley Member 0.50
Director
$0 $0 $0
Keri Stokstad Executive Dir. 40.00
$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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $667,461 $1,251,662 $4,874,794 $-584,201
2022 $813,598 $1,336,427 $5,263,596 $-522,829
2021 $843,185 $1,475,129 $6,575,602 $-631,944
2020 $636,954 $1,580,898 $7,154,675 $-943,944
2019 $1,625,108 $1,764,291 $7,897,384 $-139,183
2018 $577,951 $1,528,224 $8,049,311 $-950,273
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