Nu Media Corporation is located in Chatham, NJ. The organization was established in 2011. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nu Media Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Nu Media Corporation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $653.7k during the year ending 12/2023. While expenses have increased by 21.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN YEAR 2023, WE DEVELOPED STEM CURRICULUM IN 3D PRINTING AND DOCUMENTARY FILMMAKING. WE COMPLETED TWO FEATURE-LENGTH DOCUMENTARIES WITH OUR SIX TRAINEES. HOSTED A LEARNING BOOTH ABOUT 3D TECHNOLOGY IN OVER A DOZEN COMMUNITY VENUES.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Pamela Timpson Executive Director | 60 | $0 | |
| James Waterman Board Member | 2 | $0 | |
| Jennie Lane Board Member | 2 | $0 | 
| Vendor Name (Service) | Service Year | Compensation | 
|---|---|---|
| Work Official Llc | 12/30/23 | $61,043 | 
| Think Media Llc | 12/30/23 | $56,000 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $901,327 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $155 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $543,373 | 
| Capital Gain Net Income | $543,373 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $14,200 | 
| Total Revenue | $1,459,055 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $196,525 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $15,328 | 
| Depreciation | $0 | 
| Occupancy | $17,400 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $120,751 | 
| Total operating and administrative expenses | $653,663 | 
| Contributions, gifts, grants paid | $0 | 
| Total expenses and disbursements | $653,663 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $315,005 | 
| Savings and temporary cash investments | $0 | 
| 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 | $0 | 
| Net Investments - land, buildings, equipment | $0 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $0 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $315,005 | 
| Accounts payable and accrued expenses | $13,590 | 
| 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 | $13,590 |