OTV Open Television Inc

EIN: 824446544 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$1,302,650
Total Expenses
$1,541,546
Total Assets
$1,914,967
Net Assets
$1,896,171
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IL
Principal Officer
Karim Ahmed
Phone
2093427731
Tax Period
2025-01-01 to 2025-12-31

OTV Open Television Inc, founded in 2019, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2025. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 18% operating deficit.

Mission

Research and development through ARTIST DEVELOPMENT, COMMUNITY DEVELOPMENT and Research.

Program Service Accomplishments

Program 1
Expenses: $948,145 Revenue: $91,407

1) ARTIST DEVELOPMENT: We prioritize helping artists develop their projects from production to release. Our primary function is support. We offer financing, consultation, and referrals in order to...

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1) ARTIST DEVELOPMENT: We prioritize helping artists develop their projects from production to release. Our primary function is support. We offer financing, consultation, and referrals in order to get projects through to completion. We also help artists establish a plan and trajectory for their careers and works. We only develop artists in Chicago. 2) COMMUNITY DEVELOPMENT: We provide a space for different communities to come together to experience culture, have critical conversations about identity, and meet people across social networks. Chicago is our primary community, followed by national and global communities united by intersectionality. 3) RESEARCH: All activities provide for data to help us understand how to develop intersectional art and TV. This data is published in peer-reviewed scholarly journals and books. More general findings are published in annual development reports for the public and 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 (2025)

Revenue Breakdown

Contributions & Grants $1,208,428
Program Service Revenue $91,407
Investment Income $2,815
Other Revenue $0
TOTAL REVENUE $1,302,650

Expense Breakdown

Grants Paid $78,144
Salaries & Benefits $552,635
Fundraising Expenses $235,636
Program Expenses $948,145
Other Expenses $910,767
TOTAL EXPENSES $1,541,546

Year-over-Year Comparison

2025 2024 Change
Revenue $1,302,650 $2,041,918 -0.4%
Expenses $1,541,546 $1,222,545 +0.3%
Net Income $-238,896 $819,373 -1.3%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
10
Independent Members
9
Employees
6
Volunteers
10

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
$146,220
Total Directors
10
$146,220
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elijah McKinnon Executive Dir. 40.00
Officer Director
$138,245 $7,975 $146,220
Karim Ahmed Co-Chair 2.00
Officer Director
$0 $0 $0
Dayo Lamolo Co-Chair 2.00
Officer Director
$0 $0 $0
Aymar Jean Christian Treasurer 2.00
Officer Director
$0 $0 $0
Makiah Green Director 2.00
Director
$0 $0 $0
Christine Dvila Director 2.00
Director
$0 $0 $0
Kat Evasco Director 2.00
Director
$0 $0 $0
Hilesh Patel Director 2.00
Director
$0 $0 $0
Jess King Director 2.00
Director
$0 $0 $0
Fernando Garcia Director 2.00
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
2025 $1,302,650 $1,541,546 $1,914,967 $-238,896
2024 $2,041,918 $1,222,545 $2,177,956 $819,373
2023 $1,004,042 $824,946 $1,330,823 $179,096
2022 $1,139,468 $703,611 $1,190,267 $435,857
2021 $1,269,899 $773,818 $709,548 $496,081
2020 $325,616 $417,794 $206,578 $-92,178
2019 $422,359 $195,871 $330,089 $226,488
2019 $417,050 $195,873 $325,339 $221,177
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