Media Research Center Inc
- Assets
- $19.6m
- Revenue
- $13.9m
- Investments
- $0.0
- Employees
- 115
- Location
- Reston, VA
- Founding
- 10/1988
- Data as of
- 12/2021
- EIN
- 54-1429009
Organization Overview
Media Research Center Inc is located in Reston, VA. The organization was established in 1988. According to its NTEE Classification (A05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Media Research Center Inc employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Media Research 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.
For the year ending 12/2021, Media Research Center Inc generated $13.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $16.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATING THE PUBLIC AND THE MEDIA ON BIAS IN THE MEDIA.
Describe the Organization's Program Activity:
NEWS ANALYSIS DIVISION - BRINGS POLITICAL BALANCE TO THE NATION'S NEWS MEDIA BY DOCUMENTING AND COUNTERING LIBERAL BIAS FROM TELEVISION NETWORK NEWS SHOWS AND MAJOR PRINT PUBLICATIONS.
CNS NEWS - PROVIDES AN ALTERNATIVE NEWS SOURCE THAT WOULD COVER STORIES THAT ARE SUBJECT TO A LIBERAL BIAS IN MANY NEWS OUTLETS.
MRC CULTURE - PROMOTES FAIR PORTRAYAL OF CULTURAL AND SOCIAL ISSUES IN THE MEDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Martin Executive Vp/assistant Tre | Officer | 40 | $321,000 |
L Brent Bozell III President/director | OfficerTrustee | 40 | $296,100 |
Edward Molchany Senior VP | 40 | $227,200 | |
Martha Waddell Senior Philanthropic Advisor | 40 | $221,150 | |
Terence Jeffrey Cns Editor In Chief | 40 | $204,975 | |
Scott Russell VP Of Philananthropy | 40 | $185,800 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rebecca Hagelin Communications And Marke Marketing | 12/30/21 | $540,750 |
Business Card Inc Marketing | 12/30/21 | $142,625 |
Facebook Inc Advertising | 12/30/21 | $627,276 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,160,197 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,897,693 |
| Noncash contributions included in lines 1a–1f | $371,239 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,057,890 |
| Total Program Service Revenue | $537,078 |
| Investment income | $205,956 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $63,174 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,991,895 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,888,807 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,209 |
| 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. | $849,765 |
| Compensation of current officers, directors, key employees. | $52,348 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,798,306 |
| Pension plan accruals and contributions | $127,914 |
| Other employee benefits | $1,276,435 |
| Payroll taxes | $446,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,744 |
| Fees for services: Accounting | $95,559 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $335,980 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,354,438 |
| Advertising and promotion | $1,668,530 |
| Office expenses | $244,651 |
| Information technology | $621,467 |
| Royalties | $0 |
| Occupancy | $745,574 |
| Travel | $269,180 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $89,557 |
| Interest | $59,175 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $100,794 |
| Insurance | $105,655 |
| All other expenses | $209,726 |
| Total functional expenses | $16,632,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,141 |
| Savings and temporary cash investments | $313,970 |
| Pledges and grants receivable | $2,377,899 |
| Accounts receivable, net | $76,822 |
| 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 | $179,518 |
| Net Land, buildings, and equipment | $298,118 |
| Investments—publicly traded securities | $16,072,246 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $186,259 |
| Total assets | $19,599,973 |
| Accounts payable and accrued expenses | $2,149,796 |
| 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 | $1,889,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $576,795 |
| Total liabilities | $4,616,491 |
| Net assets without donor restrictions | $10,032,321 |
| Net assets with donor restrictions | $4,951,161 |
| 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 | $19,599,973 |
Grants Awarded
Over the last fiscal year, Media Research Center Inc has awarded $27,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TO SUPPORT THE ORGANIZATION TO ACHIVE ITS MISSION. | $17,500 |
New York, NY PURPOSE: TO SUPPORT THE ORGANIZATION TO ACHIVE ITS MISSION. | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Media Research Center Inc has recieved totaling $31,300.
| Awarding Organization | Amount |
|---|---|
Karpus Family Foundation Inc Pittsford, NY PURPOSE: GENERAL PURPOSE | $25,000 |
James Deering Danielson Foundation Chicago, IL PURPOSE: SOCIAL SERVICES | $3,500 |
Rodstein Foundation Wellington, FL PURPOSE: CHARITABLE | $1,500 |
Ed And Fern Hamel Family Foundation Inc Elkridge, MD PURPOSE: SUPPORT AREA OF GREATEST NEED | $1,000 |
Biszantz Charitable Foundation Tr Lexington, KY PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $200 |
Donald L & Valerie D Gottschalk Foundation Delafield, WI PURPOSE: OPERATING EXPENSES | $100 |
Endowment Analysis
| Beg. Balance | $9,309,750 |
| Earnings | $1,945,884 |
| Net Contributions | $837,925 |
| Other Expense | $4,039,632 |
| Ending Balance | $8,053,927 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Media Research Center Inc Reston, VA | $19,599,973 | $13,888,807 |
Ankerberg Theological Research Institute Chattanooga, TN | $7,579,789 | $9,241,664 |
Open Technology Fund Washington, DC | $18,373,187 | $6,489,730 |
Halcyon House Washington, DC | $1,434,839 | $3,101,313 |
The American Center Of Research Incorporated Alexandria, VA | $11,928,608 | $1,004,645 |
Rule Of Law Endowment Washington, DC | $480,982 | $1,297,900 |
Antiquities Coalition Washington, DC | $297,529 | $1,114,663 |
Pbtf Research Grove Holding Company Inc Bethesda, MD | $42,823,109 | $2,209,443 |
Portulans Institute Washington, DC | $103,875 | $195,500 |
Active Implementation Research Network Inc Chapel Hill, NC | $285,432 | $360,495 |
Us-India Policy Institute Washington, DC | $316,109 | $366,856 |
Ng9-1-1 Institute Washington, DC | $92,513 | $0 |