NEW RISING VENTURES

As filed

Subsection

03

NTEE code

T12

Classification

1000

Street

3126 SOUTH SEPULVEDA BLVD 1170

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• NEW MEDIA VENTURES

  EIN 35-2823500

Mission and programs · 2025

• IN 2025, NEW RISING VENTURES CONTINUED TO BUILD STRONG MOMENTUM ACROSS OUR RESPONSIBLE AI AND LATINE VOICES FOR DEMOCRACY INITIATIVES, WHILE DEEPENING OUR FOCUS ON INTERNAL CULTURE AND OPERATIONAL SUSTAINABILITY. LATINE VOICES FOR DEMOCRACY (LV4D) IS THE FIRST U.S.-BASED ACCELERATOR OF ITS KIND DELIVERED BILINGUALLY AND FOCUSED ON LATINE-LED NEWS ORGANIZATIONS AND CONTENT CREATORS. IT IS DESIGNED TO STRENGTHEN LOCAL INFORMATION ECOSYSTEMS, ADVANCE NONPARTISAN CIVIC EDUCATION, SUPPORT COMMUNITY-SERVING JOURNALISM, AND EMPOWER TRUSTED LATINE-LED ORGANIZATIONS TO COMBAT MISINFORMATION AND FOSTER CIVIC ENGAGEMENT. IN 2025, WE EXPANDED LV4D BY LAUNCHING A SECOND ACCELERATOR COHORT, BRINGING CREATORS AND LOCAL NEWSROOMS TOGETHER AS EQUAL PARTNERS IN INFORMING THE PUBLIC AND ENCOURAGING CIVIC PARTICIPATION. OVER SEVEN MONTHS, PARTICIPANTS RECEIVE TARGETED MENTORSHIP, TRAINING, AND PARTNERSHIP SUPPORT FROM MISSION-ALIGNED TECHNOLOGY AND MEDIA ORGANIZATIONS TO DEEPEN THEIR COMMUNITY ENGAGEMENT, STORYTELLING, AND AUDIENCE-BUILDING CAPACITY, AS WELL AS CAPITAL, TECHNICAL TOOLS, AND TRAINING ON CAPITAL STRUCTURE AND IMPACT MEASUREMENT TO SUPPORT THEIR LONG-TERM SUSTAINABILITY. A MAJOR MILESTONE WAS THE LAUNCH OF OUR RESPONSIBLE AI FUNDING CYCLE UNDER THE RISING FUND, UNDERSCORING BOTH THE STRENGTH OF THE APPLICANT POOL AND OUR COMMITMENT TO BACKING HIGH-IMPACT ORGANIZATIONS AT THE INTERSECTION OF TECHNOLOGY, DEMOCRACY, AND SOCIAL GOOD. WE ALSO MADE TARGETED INVESTMENTS IN ORGANIZATIONAL CAPACITY DURING THE 2025 TAX YEAR, HIRING AND ONBOARDING A DIRECTOR OF FUNDRAISING TO SHARPEN OUR DEVELOPMENT STRATEGY AND EXTERNAL ENGAGEMENT, AND TRANSITIONING TO A NEW ACCOUNTING FIRM TO SUPPORT LONG-TERM FINANCIAL STABILITY AND OPERATIONAL RIGOR. THROUGHOUT THE YEAR, WE CONVENED MULTIPLE FUNDER BRIEFINGS AND IN-PERSON GATHERINGS TO DEEPEN ENGAGEMENT, SHARE LEARNINGS, AND BUILD ALIGNMENT WITH OUR FUNDING PARTNERS. PORTFOLIO SUPPORT REMAINED A CORE PRIORITY, AS WE CONTINUED TO BACK EARLY- STAGE, NONPARTISAN ENTREPRENEURS AND ACTIVISTS TRANSFORMING OUR DEMOCRACY THROUGH INNOVATION. OUR TEAM MET WITH MORE THAN 50 FOUNDERS OVER THE COURSE OF THE YEAR, PROVIDING TAILORED GUIDANCE ON FUNDRAISING, PITCH AND DECK DEVELOPMENT, STRATEGIC POSITIONING, AND ORGANIZATIONAL TRANSITIONS, AND CONNECTING THEM TO MORE THAN 70 FUNDING OPPORTUNITIES. THIS WAS ALSO A YEAR OF EXPERIMENTATION FOR OUR PORTFOLIO SUPPORT PROGRAM, INCLUDING A PILOT OF PEER COHORTS FOCUSED ON COMMUNITY-BUILDING, WHERE FOUNDERS EXPLORED TOPICS SUCH AS FINDING PRODUCT-MARKET FIT, NAVIGATING ACQUISITIONS, AND SELECTING THE RIGHT HR TOOLS. WE LAUNCHED THREE NEW ONGOING PEER COHORTS WITH EXISTING PORTFOLIO ORGANIZATIONSBUILDING & SCALING (FOR FOR-PROFIT FOUNDERS), PEOPLE OPERATIONS, AND COMMUNITY SUPPORTTHAT MEET QUARTERLY TO PROVIDE STRUCTURED PEER LEARNING AND STRATEGIC SUPPORT, WITH FOUNDER-DRIVEN AGENDAS AND FACILITATED GUIDANCE WHERE NEEDED. WE CONTINUED TO ENGAGE OUR ANGEL SUPPORTER NETWORK ON A QUARTERLY BASIS THROUGH A REFRESHED OUTREACH STRATEGY, WHILE SPOTLIGHTING AND SHARING UPDATES ON OUR PORTFOLIO ORGANIZATIONS. AS PART OF OUR PROGRAMMATIC WORK, WE ALSO HOSTED A SERIES OF CONVENINGSINCLUDING PARTICIPATION IN LA TECH WEEKWHERE WE CO-HOSTED THE SECOND ANNUAL CHANGEMAKER FILM SHOWCASE WITH THE MICHAEL LATT LEGACY FUND, CELEBRATING UNDERREPRESENTED FILMMAKERS DRIVING SOCIAL CHANGE AND ADVANCING INNOVATIVE MEDIA AND TECHNOLOGY SOLUTIONS FOR A MORE INCLUSIVE AND RESILIENT DEMOCRACY. WE ALSO EXPANDED OUR COMMUNICATIONS AND THOUGHT LEADERSHIP. WE LAUNCHED AN NRV SUBSTACK TO SHARE UPDATES, RESEARCH, AND ECOSYSTEM INSIGHTS, INCLUDING THE LAUNCH ANNOUNCEMENT FOR THE RISING FUND AND OUR 2025 RESPONSIBLE AI COHORT, AS WELL AS ANALYTIC PIECES SUCH AS RESPONSIBLE AI INVESTMENT CYCLE 2025: INSIGHTS & EMERGING TRENDS, EVALUATING RESPONSIBLE AI: HOW PURPOSE, PEOPLE, AND PROGRESS DRIVE TECHNOLOGY FOR GOOD, AND BUILDING AI FOR THE PUBLIC GOOD: PRELIMINARY INSIGHTS FROM OUR RESPONSIBLE AI PIPELINE, WHICH TOGETHER SURFACED FUNDING GAPS AND OPPORTUNITIES FOR TECHNOLOGY THAT SERVES VULNERABLE COMMUNITIES. WE ADDITIONALLY PUBLISHED AI AS A BATTLEGROUND FOR POWER: BUILDING THE FUTURE OF RESPONSIBLE TECHNOLOGY AND TWO ARTICLES DOCUMENTING OUR LATINE VOICES FOR DEMOCRACY ACCELERATORINSIDE LV4D: KEY INSIGHTS & LEARNINGS FROM THE FIRST US-BASED ACCELERATOR FOR LATINO-LED MEDIA AND A RECAP OF OUR SECOND-COHORT KICK-OFFSHARING LESSONS FROM BILINGUAL, LATINO-LED MEDIA ORGANIZATIONS AND CREATORS WORKING TO STRENGTHEN CIVIC INFRASTRUCTURE. THROUGHOUT 2025, THE NRV BOARD PLAYED A CRITICAL ROLE IN STRATEGIC PLANNING, FINANCIAL OVERSIGHT, AND ECOSYSTEM CONNECTION-BUILDING, HELPING TO ADVANCE THE MISSION AND LONG-TERM SUSTAINABILITY OF NEW RISING VENTURES.

  Expenses $420,411

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $735,300

  Expenses

  $969,430

  Contributions

  $735,300

  Grants paid

  $0

• 2024

  Revenue

  $363,166

  Expenses

  $218

  Contributions

  $363,166

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• THE CHICAGO COMMUNITY TRUST

  $125,000

  2024 · General support for programs, operations and other charitable purposes

• TIDES FOUNDATION

  $63,166

  2024 · EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $50,000

  2024 · For grant recipient's exempt purposes

• NATIONAL EDUCATION ASSOCIATION OF THE UNITED STATES

  $15,000

  2024 · FINANCIAL ASSISTANCE

• DONOR ADVISED CHARITABLE GIVING

  $10,000

  2024 · PUBLIC, SOCIETAL BENEFIT

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