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← PUBLIC MEDIA INSTITUTE

Form 990 for tax year 2024

Filed by PUBLIC MEDIA INSTITUTE.

Totals

Total revenue
$784,000
Total expenses
$1,661,249
Contributions and grants received
$292,723
Grants paid
$182,200
Program service revenue
$455,901
Investment income
$0
Other revenue
$35,376
Total assets, end of year
$1,645,083
Total liabilities, end of year
$73,372
Net assets or fund balances, end of year
$1,571,711
Program services expenses (Part IX)
$1,453,442
Management and general expenses
$162,304
Fundraising expenses
$45,503
Program service expenses (Part III)
$1,453,442

Program services were 87.5% 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)

    $65,000

  • 1f · All other contributions, gifts and grants

    $227,723

  • 2a · Program service revenue: CONSIGNMENT SALES

    total $361,808 · related or exempt $361,808

  • 2b · Program service revenue: CONTRACT INCOME

    total $52,664 · related or exempt $52,664

  • 2c · Program service revenue: MEMBERSHIP DUES

    total $8,273 · related or exempt $8,273

  • 2d · Program service revenue: SPACE RENTAL

    total $33,156 · related or exempt $33,156

  • 3 · Investment income

    total $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $17,747

  • 8c · Net income from fundraising events

    total $17,747

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $32,843

  • 10b · Cost of goods sold

    $16,861

  • 10c · Net income from sales of inventory

    total $15,982 · related or exempt $15,982

  • 11a · Other revenue: MISCELLANEOUS

    total $1,647 · related or exempt $1,647

  • 11e · Other revenue, total

    $1,647

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $182,200 · program services $182,200

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $62,792 · program services $34,536 · management and general $16,326 · fundraising $11,930

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $350,747 · program services $326,591 · management and general $6,201 · fundraising $17,955

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $125,641 · program services $109,986 · management and general $15,192 · fundraising $463

  • 10 · Payroll taxes

    total $37,611 · program services $32,844 · management and general $2,049 · fundraising $2,718

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $251,578 · program services $221,288 · management and general $29,340 · fundraising $950

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $17,779 · program services $17,345 · management and general $95 · fundraising $339

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $36,000 · management and general $36,000

  • 17 · Travel

    total $146,369 · program services $142,430 · management and general $1,467 · fundraising $2,472

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $4,679 · management and general $4,679

  • 23 · Insurance

    total $13,860 · management and general $13,860

  • 24a · Other expenses: CONSIGNMENTS PAID

    total $220,382 · program services $218,969 · fundraising $1,413

  • 24b · Other expenses: UTILITIES

    total $51,407 · program services $46,361 · management and general $5,046

  • 24c · Other expenses: Printing and Publications

    total $38,580 · program services $37,244 · management and general $373 · fundraising $963

  • 24d · Other expenses: RENTAL FEES

    total $37,779 · program services $37,779

  • 24e · All other expenses

    total $83,845 · program services $45,869 · management and general $31,676 · fundraising $6,300

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $677,832 · end of year $840,751

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $1,795,000 · end of year $735,000

  • 4 · Accounts receivable

    beginning of year $11,270 · end of year $12,416

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,441 · end of year $7,228

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

    $36,841

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

    $33,105

  • 10c · Land, buildings and equipment, net

    beginning of year $8,415 · end of year $3,736

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    beginning of year $90,344 · end of year $45,952

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $47,096 · end of year $25,853

  • 25 · Other liabilities

    beginning of year $93,246 · end of year $47,519

  • 27 · Net assets without donor restrictions

    beginning of year $205,566 · end of year $281,406

  • 28 · Net assets with donor restrictions

    beginning of year $2,243,394 · end of year $1,290,305

Mission and programs · 2024

Mission

THE ORGANIZATION'S MISSION is to create, incubate, and sustain innovative cultural programming through the production of socially engaged projects, festivals, community spaces, exhibitions, and media.

  • MDW - Its an annual program to convene artists and arts organizations from the Midwest to connect and exchange ideas. The program includes an art fair, also known as the MdW Assembly, an online publication called the MdW Atlas, and a series of trips to various sites in the Midwest called the MdW Drifts.

    Expenses $546,008

  • BUDDY - Offers a shop committed to giving artists and small manufacturers in Chicago a place to showcase and sell their goods and artworks to a vast audience of Chicagoans and visitors at the Chicago Cultural Center.

    Expenses $417,709 · Revenue $341,233

  • LUMPEN MEDIA - The program is a small-scale online television and 24/7 radio station complete with a camera crew and stage set to provide opportunities for artists to produce and air original moving image artworks. The station is a hub for local, multilingual storytelling for communities on Chicago South's Side and beyond.

    Expenses $271,678 · Revenue $42,578

  • CO-PROSPERITY - The Organization hosts exhibitions, screenings, presentations, installations, festivals, meetings, and performance programs in its 5,000+ square foot gallery.

    Expenses $167,195 · Revenue $20,068

  • COMMUNITY KITCHEN - Provides complimentary box lunches to in-need residents, families, and health care workers in Chicago while supporting local restaurants and farmers.

    Expenses $27,506 · Revenue $2,537

  • LUMPEN MAGAZINE - The Organization issues a quarterly news and culture magazine featuring emerging and established artists and writers. The magazine features editorials, interviews, and reviews focused on current events and emerging cultural trends.

    Expenses $23,346 · Revenue $1,342

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Nicholas Wylie

    MANAGING DIR.

    Total calculated
    $62,792
    From this org
    $62,792
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Edward Marszewski

    Chairman

    Total calculated
    $0
    Hours/week
    20
  • Brenda Hernandez

    Vice Chairman

    Total calculated
    $0
    Hours/week
    3
  • Logan Bay

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • John Babbington

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Maria Marszewski

    Director

    Total calculated
    $0
    Hours/week
    1
  • Rev Dr Joseph Henry

    Director

    Total calculated
    $0
    Hours/week
    1
  • Rachael Olson-Marszewski

    Director

    Total calculated
    $0
    Hours/week
    1
  • Scottie McNiece

    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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
24 July 2025
IRS schema version
2024v5.2
Source object
202512059349300106

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.