Austin, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Independent Media Initiative Inc, founded in 2022, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $1.9M exceeded revenue, resulting in a 47% operating deficit.
The Independent Media Initiative (IMI) supports online content creators who share their creativity with integrity and humility on platforms such as YouTube, podcasts, and TikTok.
Through a combination of direct support, mentored fellowships, and community-building programs, IMI creates an ecosystem of independent media creators with the vision and skills to produce...
Through a combination of direct support, mentored fellowships, and community-building programs, IMI creates an ecosystem of independent media creators with the vision and skills to produce high-quality and engaging educational and artistic content for the public good.
IMI Fest, produced by the Independent Media Initiative (IMI), is a pioneering annual event dedicated to celebrating independent media creators who produce and share their work online. The festival...
IMI Fest, produced by the Independent Media Initiative (IMI), is a pioneering annual event dedicated to celebrating independent media creators who produce and share their work online. The festival, held each November, brings together a diverse group of independent creators, educators, storytellers, and industry professionals from various disciplines, genres, and formats for a weekend focused on discovery, inspiration, and innovation.Continued on Schedule O IMI Fest offers a rich array of workshops, exhibits, performances, panels, and screenings designed to foster community, connection, and professional development within the independent media ecosystem. With over 100 attendees, the 2023 inaugural event served as a unique gathering for independent creators to engage in meaningful conversations and collaborations. A highlight of the festival is the presentation of the IMI Awards, the first prestige award created specifically to honor excellence in independent media. In 2023, IMI Fest awarded $500,000 in grants to six outstanding creators, recognizing their contributions to the industry and their dedication to impactful storytelling.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,307,025 | $679,616 | +0.9% |
| Expenses | $1,920,829 | $26,934 | +70.3% |
| Net Income | $-613,804 | $652,682 | -1.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Stuart Sevier | Chair, Executive Director | 40.00 |
Officer
Director
|
$90,750 | $0 | $90,750 |
| Obinna Osuorji as of 0823 | Treasurer, Operations Director | 40.00 |
Officer
Director
|
$40,000 | $0 | $40,000 |
| Elaine Sevier | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jacob Bartok | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Corey Harris | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,307,025 | $1,920,829 | $316,358 | $-613,804 |
| 2023 | $1,307,025 | $1,920,829 | $316,358 | $-613,804 |
| 2022 | $679,616 | $26,934 | $652,682 | $652,682 |
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