Mastermedia Ministries Inc
- Assets
- $94.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Euless, TX
- Founding
- 04/1996
- Data as of
- 12/2020
- EIN
- 75-2528917
Organization Overview
Mastermedia Ministries Inc is located in Euless, TX. The organization was established in 1996. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mastermedia Ministries 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 12/2020, Mastermedia Ministries Inc generated $49.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $40.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
MASTERMEDIA MINISTRIES SPREADS THE GOSPEL OF JESUS CHRIST BY CONDUCTING A DAILY 2 HOUR RADIO PROGRAM WITH APPROXIMATELY 100,000 LISTENERS. THE ORGANIZATION ALSO SELLS MATERIALS THAT ASSISTS IN SPREADING THE GOSPEL OF JESUS CHRIST.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Dooley President/di | 20 | $20,962 | |
Ronnie Hill Director | 1 | $0 | |
Sharon Hill Director | 1 | $0 | |
Brandon Donnell Director | 1 | $0 | |
Kristin Spradlin Director | 1 | $0 | |
Darlene Donnell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,631 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,894 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,565 |
| Professional fees and other payments to independent contractors | $9,139 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,583 |
| Total expenses | $40,287 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,731 |
| Other assets | $0 |
| Total assets | $94,497 |
| Total liabilities | $4,065 |
| Net assets or fund balances | $90,432 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mastermedia Ministries Inc has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
The Thomas Foundation Dallas, TX PURPOSE: CHRISTIAN RADIO | $25,000 |
Research Educational Foundation Inc Dallas, TX PURPOSE: GENERAL SUPPORT | $10,000 |
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