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Nonprofiteer
← MASSACHUSSETTS MEDIA FUND INC

Form 990 for tax year 2024

Filed by MASSACHUSSETTS MEDIA FUND INC.

Totals

Total revenue
$306,429
Total expenses
$180,777
Contributions and grants received
$306,429
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$147,854
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$147,854
Program services expenses (Part IX)
$132,499
Management and general expenses
$48,278
Fundraising expenses
$0
Program service expenses (Part III)
$132,499

Program services were 73.3% 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

    $306,429

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $126,000 · program services $83,200 · management and general $42,800

  • 11c · Fees: accounting

    total $3,610 · management and general $3,610

  • 12 · Advertising and promotion

    total $647 · program services $647

  • 13 · Office expenses

    total $1,868 · management and general $1,868

  • 17 · Travel

    total $3,710 · program services $3,710

  • 22 · Depreciation, depletion and amortization

    total $885 · program services $885

  • 24a · Other expenses: EDITORS & WRITERS

    total $16,224 · program services $16,224

  • 24b · Other expenses: DEVELOPMENT/FUNDRASING

    total $13,586 · program services $13,586

  • 24c · Other expenses: SOFTWARE & INTERNET

    total $6,829 · program services $6,829

  • 24d · Other expenses: DUES

    total $3,796 · program services $3,796

  • 24e · All other expenses

    total $3,622 · program services $3,622

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $20,889 · end of year $147,426

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

    $7,701

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

    $7,306

  • 10c · Land, buildings and equipment, net

    beginning of year $1,280 · end of year $395

  • 11 · Investments: publicly traded securities

    beginning of year $33 · end of year $33

  • 27 · Net assets without donor restrictions

    beginning of year $22,202 · end of year $147,854

Mission and programs · 2024

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 $132,499 · Revenue $306,429

As filed on the 2024 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
  • Jason Pramas

    TREASURER

    Total calculated
    $41,600
    From this org
    $41,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Zakiya Alake

    CLERK

    Total calculated
    $0
    Hours/week
    1
  • Christopher Faraone

    DIRECTOR

    Total calculated
    $41,600
    From this org
    $41,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • G Valentino Ball

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Loftus

    DIRECTOR

    Total calculated
    $42,800
    From this org
    $42,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Saul Tannenbaum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kristine Palmero

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Garrett Quinn

    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
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202503179349303550

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