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Nonprofiteer
← SEMBRAMEDIA

Form 990 for tax year 2022

Filed by SEMBRAMEDIA.

Totals

Total revenue
$1,983,720
Total expenses
$1,434,452
Contributions and grants received
$1,982,746
Grants paid
$357,227
Program service revenue
$372
Investment income
$72
Other revenue
$530
Total assets, end of year
$1,137,045
Total liabilities, end of year
$8,727
Net assets or fund balances, end of year
$1,128,318
Program services expenses (Part IX)
$1,173,114
Management and general expenses
$192,126
Fundraising expenses
$69,212
Program service expenses (Part III)
$1,173,114

Program services were 81.8% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $1,982,746

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $372 · related or exempt $372 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $72 · related or exempt $0 · unrelated business $0 · excluded $72

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

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11d · All other revenue

    total $530 · related or exempt $530 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $530

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $357,227 · program services $357,227

  • 5 · Compensation of officers, directors and key employees

    total $60,000 · program services $47,877 · management and general $7,585 · fundraising $4,538

  • 11b · Fees: legal

    total $8,809 · program services $4,073 · management and general $4,736

  • 11c · Fees: accounting

    total $570 · management and general $570

  • 11g · Fees: other

    total $855,038 · program services $682,275 · management and general $108,089 · fundraising $64,674

  • 12 · Advertising and promotion

    total $6,645 · program services $6,645

  • 13 · Office expenses

    total $5,369 · management and general $5,369

  • 14 · Information technology

    total $12,464 · program services $5,365 · management and general $7,099

  • 16 · Occupancy

    total $7,205 · management and general $7,205

  • 17 · Travel

    total $85,988 · program services $65,796 · management and general $20,192

  • 19 · Conferences, conventions and meetings

    total $2,023 · program services $2,023

  • 23 · Insurance

    total $10,096 · management and general $10,096

  • 24a · Other expenses: BANK CHARGES & PROCESSING FEES

    total $13,190 · program services $463 · management and general $12,727 · fundraising $0

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $9,828 · program services $1,370 · management and general $8,458 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $36,370 · end of year $299,194

  • 2 · Savings and temporary cash investments

    beginning of year $539,336 · end of year $837,851

  • 17 · Accounts payable and accrued expenses

    beginning of year $227 · end of year $8,727

  • 27 · Net assets without donor restrictions

    beginning of year $99,717 · end of year $1,128,318

  • 28 · Net assets with donor restrictions

    beginning of year $475,762 · end of year $0

Mission and programs · 2022

Mission

OUR MISSION IS TO EMPOWER DIVERSE VOICES IN DIGITAL MEDIA SO THAT THEY CAN PUBLISH NEWS AND INFORMATION WITH INDEPENDENCE, JOURNALISTIC INTEGRITY, AND A POSITIVE IMPACT ON THE COMMUNITIES THEY SERVE.

  • AMUNA DIGITAL - An education and acceleration initiative for digital media in Argentina that we carry out thanks to the support of Meta. In which we aim to boost the sustainability and innovation of their projects through training, consultancy, and financing.

    Expenses $327,105 · Grants $234,614

  • PROJECT OASIS - Project Oasis is a year-long research project on the sustainability, innovation, and impact of independent digital native news organisations in more than 40 countries across Europe. Its goal is to bring greater visibility to digital native media organisations, and to uncover new insights about the trends, opportunities, and challenges in this growing market sector.

    Expenses $238,265

  • GNIA STARTUPS LAB - It is an independent digital media accelerator in Spanish that supports the development of journalistic ventures and promotes the personal growth of its members. During the program, digital media outlets create strategies to strengthen their business models, expand their understanding of their audiences, and innovate in their team collaborations.

    Expenses $132,114 · Grants $75,033

  • OTHER PROGRAMS

    Expenses $475,630 · Grants $47,579 · Revenue $372

As filed on the 2022 return.

Listed in Part VII

  • Mijal Iastrebner

    CO-EXECUTIVE DIRECTOR

    Total calculated
    $67,500
    From this org
    $67,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Janine Warner

    CO-EXECUTIVE DIRECTOR

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Ismael Nafria

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • James Breiner

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Patrick Butler

    SECRETAY

    Total calculated
    $0
    Hours/week
    1

  • Laura Zommer

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Teresa Frontado

    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
2022
Filed
7 November 2023
IRS schema version
2022v5.0
Source object
202343129349300534

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