Skip to content
Nonprofiteer
← DELAWARE FIRST MEDIA CORPORATION

Form 990 for tax year 2023

Filed by DELAWARE FIRST MEDIA CORPORATION.

Totals

Total revenue
$1,016,156
Total expenses
$1,226,624
Contributions and grants received
$978,796
Grants paid
$0
Program service revenue
$0
Investment income
$3,467
Other revenue
$33,893
Total assets, end of year
$280,655
Total liabilities, end of year
$66,550
Net assets or fund balances, end of year
$214,105
Program services expenses (Part IX)
$731,840
Management and general expenses
$188,617
Fundraising expenses
$306,167
Program service expenses (Part III)
$731,840

Program services were 59.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $418,048

  • 1f · All other contributions, gifts and grants

    $560,748

  • 3 · Investment income

    total $1,540 · excluded $1,540

  • 7a · Gross sales of assets other than inventory

    securities $1,927

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $1,927

  • 7d · Net gain or loss

    total $1,927 · excluded $1,927

  • 11a · Other revenue: MISCELLEANOUS

    total $33,893 · related or exempt $33,893

  • 11e · Other revenue, total

    $33,893

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $542,313 · program services $367,412 · management and general $82,950 · fundraising $91,951

  • 9 · Other employee benefits

    total $51,000 · program services $34,552 · management and general $7,801 · fundraising $8,647

  • 10 · Payroll taxes

    total $41,790 · program services $28,312 · management and general $6,392 · fundraising $7,086

  • 11c · Fees: accounting

    total $30,417 · management and general $30,417

  • 11g · Fees: other

    total $11,000 · management and general $11,000

  • 12 · Advertising and promotion

    total $226,866 · program services $97,680 · management and general $30,650 · fundraising $98,536

  • 13 · Office expenses

    total $38,175 · program services $20,368 · management and general $14,204 · fundraising $3,603

  • 17 · Travel

    total $155 · program services $155

  • 22 · Depreciation, depletion and amortization

    total $6,115 · program services $6,115

  • 23 · Insurance

    total $18,479 · program services $16,180 · management and general $2,299

  • 24a · Other expenses: CONTRACT SERVICES

    total $123,254 · program services $26,910 · fundraising $96,344

  • 24b · Other expenses: NETWORK PROGRAMMING

    total $99,028 · program services $99,028

  • 24c · Other expenses: TOWER LEASE

    total $19,026 · program services $19,026

  • 24d · Other expenses: TOWER MAINTENANCE

    total $14,192 · program services $14,192

  • 24e · All other expenses

    total $4,814 · program services $1,910 · management and general $2,904

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $690 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $270,931 · end of year $123,976

  • 4 · Accounts receivable

    beginning of year $110,776 · end of year $14,947

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,736 · end of year $18,544

  • 10a · Land, buildings and equipment: cost or other basis

    $150,954

  • 10b · Land, buildings and equipment: accumulated depreciation

    $113,962

  • 10c · Land, buildings and equipment, net

    beginning of year $20,440 · end of year $36,992

  • 12 · Investments: other securities

    beginning of year $55,565 · end of year $62,196

  • 14 · Intangible assets

    beginning of year $24,000 · end of year $24,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $36,964 · end of year $52,843

  • 19 · Deferred revenue

    beginning of year $32,752 · end of year $13,707

  • 27 · Net assets without donor restrictions

    beginning of year $177,422 · end of year -$49,111

  • 28 · Net assets with donor restrictions

    beginning of year $243,000 · end of year $263,216

Mission and programs · 2023

Mission

TO MAKE A SUBSTANTIAL CONTRIBUTION TO DELAWARE'S JOURNALISM COMMUNITY AND TO THE CITIZENS OF DELAWARE BY DELIVERING ORIGINAL, IN-DEPTH, DELAWARE-SPECIFIC NEWS AND COMMENTARY FROM ALL THREE COUNTIES.

  • DELAWARE FIRST MEDIA CREATED AND LAUNCHED DFM NEWS, A NONPROFIT PUBLIC MEDIA NEWS ORGANIZATION THAT PROVIDES STATEWIDE COVERAGE OF NEWS AND COMMENTARY, ONLINE AND VIA PUBLIC RADIO, AS WELL AS PUBLIC-SERVICE PROGRAMING AND EVENTS. DFM NEWS PROGRAMMING IS ACCESSIBLE TO AND DESIGNED TO BENEFIT ALL DELAWAREANS.

    Expenses $731,840

As filed on the 2023 return.

Listed in Part VII

  • Pete Booker

    GENERAL MANAGER

    Total calculated
    $75,000
    From this org
    $75,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • David Brond

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Randy Farmer

    CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Drewry Fennell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • James D Griffin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Nancy Karibjanian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Leslie Newman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Ellen J Roberts

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Michael Sigman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Robert Varipapa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Chanta Howard Wilkinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Ellen C Wolf

    TREASURER

    Total calculated
    $0
    Hours/week
    8

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
8 May 2025
IRS schema version
2023v6.0
Source object
202511289349301831

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.