Maryland Media Inc
- Assets
- $4.8m
- Revenue
- $357.2k
- Investments
- $0.0
- Employees
- 184
- Location
- College Park, MD
- Founding
- 10/1975
- Data as of
- 08/2021
- EIN
- 52-0942033
Organization Overview
Maryland Media Inc is located in College Park, MD. The organization was established in 1975. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Maryland Media Inc employed 184 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland Media Inc 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 08/2021, Maryland Media Inc generated $357.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $583.1k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PUBLISHING UNIVERSITY OF MARYLAND STUDENT PUBLICATIONS ARE DEEMED EDUCATIONAL, INFORMATIONAL, AND LITERARY IN NATURE. ALSO, TEACHING THE STUDENTS ABOUT JOURNALISM AND PUBLISHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PUBLISHES THE UNIVERSITY OF MARYLAND'S NEWSPAPER, YEARBOOK AND OTHER PUBLICATIONS AS WELL AS PROVIDES SERVICES TO MANY JOURNALISM STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey Dade Vice Preside | OfficerTrustee | 1 | $0 |
Craig Mummey General Mana | OfficerTrustee | 40 | $0 |
Jon Solomon President | OfficerTrustee | 1 | $0 |
Teddy Amenabar President | Trustee | 1 | $0 |
Yasmeen Abutaleb Director | Trustee | 1 | $0 |
Mira Bayraktar Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $80,911 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,106 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,017 |
| Total Program Service Revenue | $260,123 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $357,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $350,270 |
| Pension plan accruals and contributions | $1,430 |
| Other employee benefits | $12,417 |
| Payroll taxes | $29,448 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,970 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,591 |
| All other expenses | $21,512 |
| Total functional expenses | $583,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,949 |
| Savings and temporary cash investments | $10,230 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,256 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $437 |
| Net Land, buildings, and equipment | $2,635 |
| Investments—publicly traded securities | $4,623,565 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,758,072 |
| Accounts payable and accrued expenses | $454 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $179,199 |
| Other liabilities | $0 |
| Total liabilities | $179,653 |
| Net assets without donor restrictions | $4,578,419 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,758,072 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Maryland Media Inc has recieved totaling -$9.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Yelp Foundation San Francisco, CA PURPOSE: MATCHING CONTRIBUTION MADE BY EMPLOYEE OF YELP, INC. | -$25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Performance Review Institute Inc Warrendale, PA | $74,694,465 | $42,815,654 |
Tax Analysts Falls Church, VA | $82,280,774 | $30,727,891 |
Editorial Projects In Education Inc Bethesda, MD | $35,486,255 | $21,641,400 |
Baltimore Teacher Network Baltimore, MD | $946,016 | $9,863,712 |
Association For Research And Enlightenment Inc Virginia Beach, VA | $20,084,486 | $11,379,644 |
Center For Education Reform Washington, DC | $1,738,343 | $7,208,228 |
Association Of Corporate Travel Executives Inc Bamkruptcy Alexandria, VA | $277,722 | $5,636,042 |
Global Fund For Children Washington, DC | $9,730,095 | $6,479,849 |
International Womens Media Foundation Washington, DC | $17,214,124 | $6,735,111 |
Sunlight For All Institute Baltimore, MD | $20,573,717 | $24,195,292 |
University Of Pennsylvania Press Incorporated Philadelphia, PA | $1,805,477 | $4,286,513 |
Boardsource Washington, DC | $10,860,434 | $3,803,950 |