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Nonprofiteer
← MASSACHUSSETTS MEDIA FUND INC

Form 990 for tax year 2023

Filed by MASSACHUSSETTS MEDIA FUND INC.

Totals

Total revenue
$133,669
Total expenses
$190,019
Contributions and grants received
$133,669
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$22,202
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$22,202
Program services expenses (Part IX)
$135,677
Management and general expenses
$54,342
Fundraising expenses
$0
Program service expenses (Part III)
$135,677

Program services were 71.4% 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.

  • 1f · All other contributions, gifts and grants

    $133,669

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $140,720 · program services $97,960 · management and general $42,760

  • 11c · Fees: accounting

    total $3,750 · management and general $3,750

  • 13 · Office expenses

    total $2,313 · management and general $2,313

  • 17 · Travel

    total $3,115 · program services $3,115

  • 22 · Depreciation, depletion and amortization

    total $1,248 · program services $1,248

  • 23 · Insurance

    total $5,519 · management and general $5,519

  • 24a · Other expenses: EDITORS & WRITERS

    total $19,406 · program services $19,406

  • 24b · Other expenses: DONATIONS

    total $6,500 · program services $6,500

  • 24c · Other expenses: SOFTWARE & INTERNET

    total $2,189 · program services $2,189

  • 24d · Other expenses: DUES

    total $2,048 · program services $2,048

  • 24e · All other expenses

    total $3,211 · program services $3,211

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $76,111 · end of year $20,889

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

    $7,701

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

    $6,421

  • 10c · Land, buildings and equipment, net

    beginning of year $2,528 · end of year $1,280

  • 11 · Investments: publicly traded securities

    beginning of year $33 · end of year $33

  • 17 · Accounts payable and accrued expenses

    beginning of year $120

  • 27 · Net assets without donor restrictions

    beginning of year $78,552 · end of year $22,202

Mission and programs · 2023

Mission

THE MASSACHUSETTS MEDIA FUND DBA THE BOSTON INSTITUTE FOR NONPROFIT JOURNALISM SUPPORTS THE DEVELOPMENT AND PRODUCTION OF INDEPENDENT NEWS. BINJ ACHIEVES ITS MISSION BY: PROVIDING ORGANIZATIONAL SUPPORT TO COMMUNITY PUBLICATIONS; RUNNING REPORTING COLLABORATIONS AND CIVIC ENGAGEMENT INITIATIVES; TRAINING PROMISING JOURNALISTS; AND PRODUCING BOLD INDEPENDENT JOURNALISM.

Activities or mission (Part I)

SUPPORTS THE DEVELOPMENT AND PRODUCTION OF INDEPENDENT NEWS.

  • PROVIDING ORGANIZATIONAL SUPPORT TO COMMUNITY PUBLICATIONS; RUNNING REPORTING COLLABORATIONS AND CIVIC ENGAGEMENT INITIATIVES; TRAINING PROMISING JOURNALISTS; AND PRODUCING BOLD INDEPENDENT JOURNALISM.

    Expenses $135,677 · Revenue $133,669

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Felicia Sullivan

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Linda Pinkow

    TREASURER

    Total calculated
    $13,000
    From this org
    $13,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Zakiya Alake

    CLERK

    Total calculated
    $0
    Hours/week
    1

  • Jason Pramas

    ASSISTANT CLERK

    Total calculated
    $40,320
    From this org
    $40,320
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Christopher Faraone

    DIRECTOR

    Total calculated
    $44,640
    From this org
    $44,640
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • G Valentino Ball

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Loftus

    DIRECTOR

    Total calculated
    $42,760
    From this org
    $42,760
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Cindy Rodriguez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Saul Tannenbaum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Clarence Smith Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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
31 October 2024
IRS schema version
2023v5.1
Source object
202413069349301531

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