First Look Media Works Inc
- Assets
- $8.9m
- Revenue
- $13.7m
- Investments
- $0.0
- Employees
- 93
- Location
- New York, NY
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 80-0951255
Organization Overview
First Look Media Works Inc is located in New York, NY. The organization was established in 2015. 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 12/2021, First Look Media Works Inc employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Look Media Works 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, First Look Media Works Inc generated $13.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $28.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, First Look Media Works Inc has awarded 84 individual grants totaling $5,520,840. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FLI IS A MEDIA ORGANIZATION THAT SEEKS TO INCREASE PUBLIC AWARENESS OF THE FORCES SHAPING SOCIETY, PROMOTE A FREE PRESS, AND HOLD THE POWERFUL TO ACCOUNT.
Describe the Organization's Program Activity:
INTERCEPT IS AN INDEPENDENT NEWS ORGANIZATION DELIVERING UNFLINCHING INVESTIGATIVE JOURNALISM THAT UNEARTHS INJUSTICES AND HOLDS THE POWERFUL ACCOUNTABLE. BEHOLDEN ONLY TO THE PUBLIC, NEVER TO CORPORATE INFLUENCE, THE INTERCEPT IS COMMITTED TO DEFENDING ITS FIRST AMENDMENT RIGHT TO REPORT INFORMATION THAT THE PUBLIC DESERVES TO KNOW. ITS IN-DEPTH INVESTIGATIONS FOCUS ON POLITICS, WAR, SURVEILLANCE, CORRUPTION, CRIMINAL JUSTICE, THE ENVIRONMENT, IMMIGRATION, THE MEDIA, TECHNOLOGY AND MORE. INTERCEPT BRASIL IS INTERCEPT'S NEWS AGENCY BASED IN RIO DE JANEIRO THAT PRODUCES INVESTIGATIVE ARTICLES FOCUSED ON BRAZIL FOR AN INTERNATIONAL AUDIENCE. INTERCEPT GIVES ITS JOURNALISTS IN THE US AND BRAZIL THE EDITORIAL FREEDOM AND LEGAL SUPPORT THEY NEED TO EXPOSE CORRUPTION AND INJUSTICE WHERE THEY FIND IT.
PRIORITIZING ARTISTIC APPROACH, CREATIVE INNOVATION, AND INTEGRATED MENTORSHIP, FIELD OF VISION COMMISSIONS AND PRODUCES NONFICTION FILMS THAT EMPOWER FILMMAKERS TO TELL THE VITAL STORIES OF OUR WORLD. BY EXPLORING CONTEMPORARY GLOBAL ISSUES THROUGH A CINEMATIC LENS, CREATORS ARE ABLE TO PUSH BOUNDARIES, PERSPECTIVES, AND NARRATIVES IN STORYTELLING. WITH COMPREHENSIVE MULTIDISCIPLINARY SUPPORT FOR FILMMAKERS, JOURNALISTS, AND ARTISTS, FIELD OF VISION ADVOCATES FOR GREATER EQUITY, INCLUSION, AND SUSTAINABILITY, WITH AN UNWAVERING COMMITMENT TO SUPPORTING FILMMAKERS AND THEIR DEVELOPMENT.FOV'S WORK INCLUDES INDIVIDUAL SHORT AND FEATURE-LENGTH FILMS, EPISODIC SERIES, THEMATIC APPROACHES TO A SINGLE TOPIC BY MULTIPLE FILMMAKERS, DEEP-DIVE INVESTIGATIONS PAIRING FILMMAKERS WITH JOURNALISTS, RAPID-RESPONSE ASSIGNMENTS, AND COLLABORATIONS WITH ARTISTS ACROSS MEDIUMS. FOV'S COMMITMENT TO SHORT-FORM DOCUMENTARY FILMS ALLOWS FILMMAKERS TO RESPOND QUICKLY, TAKE CREATIVE RISKS, EXPLORE NEW WAYS OF STORYTELLING, AND MAKE NEW FILMS WITH A FASTER PRODUCTION CYCLE. FOVS FILMS ARE DISTRIBUTED THROUGH A VARIETY OF OUTLETS, INCLUDING NEWS ORGANIZATIONS, FILM FESTIVALS, ONLINE PLATFORMS, BROADCAST, STREAMING AND CABLE. THROUGH FELLOWSHIPS AND PRODUCTION SUPPORT AND AGREEMENTS, FOV PROVIDES FILMMAKERS THE NECESSARY SUPPORT AND RESOURCES TO CREATE THEIR FILMS.
THE PRESS FREEDOM DEFENSE FUND GIVES DIRECT FINANCIAL SUPPORT TO NEWS ORGANIZATIONS, REPORTERS, AND WHISTLEBLOWERS TO PAY FOR LEGAL EXPENSES, ALONG WITH PROVIDING TECHNICAL ASSISTANCE AND PROFESSIONAL GUIDANCE, SO INFORMATION THAT IS CRITICAL TO OUR DEMOCRACY CAN BE BROUGHT TO LIGHT WITHOUT FEAR OF RETRIBUTION. THROUGH GRANTS (OFTEN PAID DIRECTLY TO EXPERT LEGAL COUNSEL WHO AGREE TO PROVIDE REPRESENTATION AT REDUCED/CAPPED FEES) AND EDUCATIONAL OUTREACH TO SUPPORT ESTABLISHED AND NON-TRADITIONAL JOURNALISTS AND NEWS ORGANIZATIONS, THE FUND OPPOSES OFFICIAL ACTIONS THAT RESTRICT PRESS FREEDOMS AND SEEK SOURCE INFORMATION OR JOURNALISTIC MATERIALS. IT IS ONE OF THE FEW PROGRAMS THAT SUPPORTS WHISTLEBLOWERS AND OTHER JOURNALISTIC SOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Scahill Producer | 40 | $468,783 | |
Elizabeth Reed Editor In Chief | Officer | 40 | $409,295 |
David Bralow Secretary/sr. Vp, Law | Officer | 34 | $305,532 |
James Risen Sr. National Security Corr | 40 | $303,257 | |
Ryan Grim Washington Bureau Chief | 40 | $257,650 | |
Beth Nathanson Chief Philanthropy Officer | Officer | 40 | $238,577 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robins Kaplan Llp Provided Legal Services | 12/30/21 | $114,593 |
Christopher Hest Provided Fundraising Strategy Consulting | 12/30/21 | $175,000 |
Pricewaterhousecoopers Llp Performed Audit Of Financial Statements | 12/30/21 | $107,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,423,322 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,423,322 |
| Total Program Service Revenue | $199,658 |
| Investment income | $26,186 |
| 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 | $13,712,748 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $607,638 |
| Grants and other assistance to domestic individuals. | $28,839 |
| Grants and other assistance to Foreign Orgs/Individuals | $350,998 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,766,439 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,647,101 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $907,538 |
| Fees for services: Legal | $440,843 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $283,420 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,116 |
| Advertising and promotion | $0 |
| Office expenses | $1,492,656 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,927,716 |
| Travel | $73,693 |
| 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 | $103,511 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $28,256,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,673,065 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,034,563 |
| 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 | $376,206 |
| Net Land, buildings, and equipment | $205,740 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,633,689 |
| Total assets | $8,923,263 |
| Accounts payable and accrued expenses | $2,325,909 |
| 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 | $2,232,276 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,558,185 |
| Net assets without donor restrictions | $4,365,078 |
| 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 | $8,923,263 |
Grants Awarded
Over the last fiscal year, First Look Media Works Inc has awarded $586,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: Support Belarussian journalists in exile | $100,000 |
KIRSTEN JOHNSON INC PURPOSE: Field of Vision Development Funds for the Film - "The Below". | $50,000 |
Mclean, VA PURPOSE: Support the work of the NPAA in its establishment of a Legal Advocacy Fund | $50,000 |
Newton, MA PURPOSE: Operating Support for FWD-DOC | $50,000 |
SKY BEAR MEDIA LLC PURPOSE: FOV Grant | $30,000 |
MULTITUDE FILMS LLC PURPOSE: FOV Apprenticeship Program | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that First Look Media Works Inc has recieved totaling $8,046,954.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Arts & Culture | $7,352,500 |
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $500,000 |
Bay And Paul Foundations Inc Wilmington, DE PURPOSE: PRESS FREEDOM DEFENSE FUND | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $46,150 |
Proteus Fund Inc Amherst, MA PURPOSE: RIGHTS & JUSTICE | $36,000 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Media & Communications | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Performance Review Institute Inc Warrendale, PA | $74,694,465 | $42,815,654 |
First Look Media Works Inc New York, NY | $8,923,263 | $13,712,748 |
Princeton University Press Princeton, NJ | $151,044,829 | $27,595,157 |
Technology Review Inc Cambridge, MA | $6,822,000 | $19,424,000 |
Project Veritas Mamaroneck, NY | $11,883,753 | $22,034,786 |
Journal Of Bone And Joint Surgery Inc Needham, MA | $35,717,891 | $10,120,492 |
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
Retro Report Inc Mystic, CT | $1,128,827 | $6,590,447 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
National Braille Press Inc Boston, MA | $10,542,006 | $5,176,920 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |