Schumann Media Center Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1963
- Data as of
- 03/2022
- EIN
- 22-6044214
Organization Overview
Schumann Media Center Inc is located in New York, NY. The organization was established in 1963. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schumann Media Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Schumann Media Center Inc has awarded 146 individual grants totaling $32,139,605. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEBSITE OPERATIONS: PODCASTS, VIDEOS, AND ARTICLES PRODUCED TO INFORM THE PUBLIC ON ISSUES OF DEMOCRACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Ford Schumann Jr Trustee | 5 | $0 | |
Bill D Moyers President/trustee | 40 | $143,333 | |
Yuka Nishino Treasurer | 40 | $169,798 | |
Michael J Johnston Vice Pres/trustree | 5 | $25,000 | |
Beth Yingling Secretary/trustee | 5 | $50,000 | |
Karen Kimball Asso. Director | 40 | $183,345 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Theresa D Riley | 12/30/20 | $76,500 |
Innerfilm | 12/30/20 | $73,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $583,572 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,948,815 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,091 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $541,171 |
| Pension plans, employee benefits | $218,124 |
| Interest | $0 |
| Taxes | $16,425 |
| Depreciation | $11,507 |
| Occupancy | $241,506 |
| Travel, conferences, and meetings | $9,867 |
| Printing and publications | $6,932 |
| Other expenses | $730,550 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,046,301 |
| Savings and temporary cash investments | $44,427 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,005 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $1,070,759 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Schumann Media Center Inc has awarded $11,879,228 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
THE AMERICAN PROSPECT PURPOSE: SUPPORT THE JOURNALISM OF ERIC ALTERMAN | $150,000 |
SUSTAINABLE MARKETS FOUNDATION PURPOSE: SUPPORT INVESTIGATION & REPORT ON "THE GOLDWATER RULE" | $21,000 |
THE OPEN MIND LEGACY PROJECT PURPOSE: SUPPORT CONVERSATIONS ON INTERSECTION OF POLITICS & CIVIC LIFE | $300,000 |
WOMEN MAKE MOVIES PURPOSE: SUPPORT "THE PLACE THAT MAKES US" PARTICIPATION IN FILM FESTIVAL | $4,000 |
SUSTAINABLE MARKETS FOUNDATION PURPOSE: SUPPORT RESEARCH & DEVELOPMENT FOR FILM "FOOD CHAIN USA" | $250,000 |
QUINCY INSTITUTE FOR RESPONSIBLE STATECRAFT PURPOSE: SUPPORT SEMINAR EXAMINING HISTORY & STRUCTURAL BUGS IN AMERICAN DEMOCRACY | $100,000 |