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NEW MEDIA VENTURES

EIN 35-2823500 LOS ANGELES, CA

Largest nonprofits in California

Revenue 2024
$1,401,790
Expenses 2024
$2,155,238

Program services were 79.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
04
NTEE code
W01
Classification
3000
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.

Mission and programs · 2024

Mission

WE BELIEVE THAT BY CHANGING WHERE CAPITAL IS INVESTED, WE CAN SHIFT THE STRUCTURES OF POWER TO BENEFIT MORE PEOPLE.

  • THEME OF 2024: ADVANCING DEMOCRACY, AMPLIFYING VOICES 2024 WAS A DEFINING YEAR FOR NEW MEDIA VENTURES. IN A MOMENT OF POLITICAL NOISE AND SOCIAL UNCERTAINTY, OUR TEAM NOT ONLY MET THE MOMENT, WE SHAPED IT. WE KICKED OFF THE YEAR WITH AMBITIOUS GOALS, AND BY DECEMBER, NMV HAD DELIVERED ON NEARLY EVERY ONE OF THEM, CHANNELING OUR DEEP BELIEF THAT SOCIAL POWER PLUS POLITICAL POWER EQUALS PEOPLE POWER. THE TENTH NMV SUMMIT WAS OUR BIGGEST PRODUCTION YET: THREE DAYS OF INNOVATION, ENERGY, AND CONNECTION AMONG FOUNDERS, FUNDERS, AND CHANGEMAKERS. WE LAUNCHED THE FIRST-EVER LATINE VOICES FOR DEMOCRACY (LV4D) ACCELERATOR, SUPPORTING TEN LATINE-LED MEDIA ORGANIZATIONS IN SIX CRITICAL STATES TO COMBAT MIS- AND DISINFORMATION WHILE EXPANDING CIVIC ENGAGEMENT. PARTICIPANTS RECEIVED FUNDING, HANDS-ON COACHING, AND TRANSFORMATIVE PARTNERSHIPS WITH NMV PORTFOLIO COMPANIES LIKE INDIEGRAF AND LEGITIMATE. THE OUTCOMES EXPANDED REACH, NEW VOTER GUIDES, STRENGTHENED NEWSROOM CAPACITY, AND REVITALIZED DIGITAL PLATFORMS. THIS ALSO UNDERSCORED THE POWER OF RESOURCING LOCAL, COMMUNITY-ROOTED MEDIA LEADERS. THROUGHOUT THE YEAR, OUR ENTREPRENEURS-IN-RESIDENCE KEPT CONNECTION AT THE HEART OF OUR PORTFOLIO STRATEGY. THEY REIGNITED FOUNDER ENGAGEMENT AND DELIVERED TEN ORIGINAL WEBINARS TACKLING EVERYTHING FROM EQUITY CROWDFUNDING TO FOUNDER WELLNESS, ENSURING OUR PORTFOLIO REMAINED RESILIENT THROUGH AN ELECTION YEAR. NMV SURPASSED OUR LONG-TERM GOAL OF REACHING 150 INVESTMENTS AHEAD OF OUR 15TH ANNIVERSARY, WITH 157 FOUNDERS NOW PART OF OUR GROWING MOVEMENT ECOSYSTEM. IN A YEAR DEFINED BY TRANSITION, NMV REMAINED A CONSTANTA FORCE CHAMPIONING DEMOCRACY, EQUITY, AND THE FUTURE OF MEDIA INNOVATION.

    Expenses $1,718,098 · Grants $385,000

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

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Carlissia Graham

    PRESIDENT &

    Total calculated
    $249,785
    From this org
    $234,911
    From related orgs
    $0
    Other
    $14,874
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,911
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,578
    Nontaxable benefits
    $8,296
    Filer's total
    $249,785

  • Jessica Salinas

    CHIEF INVEST

    Total calculated
    $213,010
    From this org
    $199,911
    From related orgs
    $0
    Other
    $13,099
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,911
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,294
    Nontaxable benefits
    $7,805
    Filer's total
    $213,010

  • Phillip Sanders

    PARTNER

    Total calculated
    $174,882
    From this org
    $162,411
    From related orgs
    $0
    Other
    $12,471
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,411
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,473
    Nontaxable benefits
    $7,998
    Filer's total
    $174,882

  • Daaiyah Bilal-Threats

    VICE PRES. &

    Total calculated
    $0
    Hours/week
    1

  • Cheryl Contee

    SECRETARY& B

    Total calculated
    $0
    Hours/week
    1

  • Nile Johnson

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Dawn Laguens

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • John Schwartz

    CHAIRMAN & B

    Total calculated
    $0
    Hours/week
    1

  • Sandor Straus

    TREASURER AN

    Total calculated
    $0
    Hours/week
    1

  • Eddy Morales

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Ross Morales Rocketto

    BOARD

    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. 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

  • 2024
    Revenue
    $1,401,790
    Expenses
    $2,155,238
    Contributions
    $1,401,790
    Grants paid
    $385,000
  • 2023
    Revenue
    $1,105,000
    Expenses
    $4,970
    Contributions
    $1,105,000
    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

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.