Independent Arts & Media
- Assets
- $1.8m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 24
- Location
- San Francisco, CA
- Founding
- 01/2001
- Data as of
- 12/2020
- EIN
- 94-3355076
Organization Overview
Independent Arts & Media is located in San Francisco, CA. The organization was established in 2001. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2020, Independent Arts & Media employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Arts & Media 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, Independent Arts & Media generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.4% each year . All expenses for the organization totaled $3.2m during the year ending 12/2020. While expenses have increased by 37.2% per year over the past 6 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.
Since 2015, Independent Arts & Media has awarded 37 individual grants totaling $2,365,455. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
INDEPENDENT ARTS & MEDIA'S MISSION IS TO STEWARD AND EMPOWER INDEPENDENT ARTS AND MEDIA PROJECTS THAT FOSTER COMMUNITY AND CIVIC PARTICIPATION, AND FACILITATE CULTURAL ENGAGEMENT AND FREE EXPRESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IAM OFFERS FISCAL SPONSORSHIP TO PROJECTS AND PRODUCERS THAT ADVANCE IAMS CHARITABLE PURPOSE AS APPROVED BY THE IRS: TO RAISE AND SUPPORT THE EDUCATIONAL, CULTURAL, AND SOCIAL LEVELS OF, AND EXPAND THE RELATED OPPORTUNITIES AVAILABLE TO, THE RESIDENTS OF THE SAN FRANCISCO BAY AREA AND SURROUNDING REGIONAL AND NATIONAL COMMUNITIES, INCLUDING MEMBERS OF UNDER-SERVED, MINORITY, AND LOW-INCOME COMMUNITIES, THROUGH THE DEVELOPMENT OF NON-COMMERCIAL PROJECTS FOR THE BENEFIT OF THE GENERAL PUBLIC, INCLUDING, BUT NOT LIMITED TO, EDUCATIONAL, CULTURAL, COMMUNITY, MEDIA, NEWS, AND ART-RELATED PROJECTS.(CONTINUED NEXT SECTION)
IAM CURRENTLY SUPPORTS OVER 75 AFFILIATES DEDICATED TO NON-COMMERCIAL WORK IN MEDIA AND THE ARTS, INCLUDING PUBLISHING, THEATER, DANCE, MUSIC, VISUAL ART, FILM AND VIDEO, RADIO, MIXED MEDIA AND TRANSMEDIA, JOURNALISM, HISTORY, AND PUBLIC-EVENTS PRODUCTION AND CONVENING.WHILE MOST OF IAM'S AFFILIATES ARE IN THE BAY AREA, SEVERAL ARE LOCATED THROUGHOUT THE UNITED STATES, INCLUDING NEW YORK, GEORGIA, ILLINOIS, AND MASSACHUSETTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Hilliard Project Director | 40 | $170,671 | |
Lisa Burger President | OfficerTrustee | 20 | $60,000 |
Krystal Beasley Director | Trustee | 10 | $7,748 |
Anthony St George Secretary | OfficerTrustee | 1 | $0 |
Benjamin Russell Treasurer | OfficerTrustee | 5 | $0 |
Robert Philipson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,641,947 |
| Investment income | $1,700 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$766 |
| 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 | $3,416 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,883,542 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $191,445 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $462,619 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,652 |
| Payroll taxes | $40,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,159 |
| Fees for services: Accounting | $31,410 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $417,558 |
| Advertising and promotion | $1,742 |
| Office expenses | $102,250 |
| Information technology | $17,994 |
| Royalties | $1,195 |
| Occupancy | $54,141 |
| Travel | $79,925 |
| 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 | $16,033 |
| All other expenses | $0 |
| Total functional expenses | $3,245,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,176 |
| Savings and temporary cash investments | $1,426,582 |
| Pledges and grants receivable | $130,967 |
| Accounts receivable, net | $0 |
| 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 | $21,080 |
| Investments—publicly traded securities | $89,845 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,765,650 |
| Accounts payable and accrued expenses | $759 |
| 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 | $44,943 |
| Other liabilities | $29,922 |
| Total liabilities | $75,624 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,690,026 |
Grants Awarded
Over the last fiscal year, Independent Arts & Media has awarded $1,693,485 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: Creation of Code Tenderloin Fund | $1,400,000 |
PIANOFIGHT LLC PURPOSE: Program Support | $81,920 |
SHAPING SAN FRANCISCO PURPOSE: Program Support | $57,976 |
THE ATLANTIC MONTHLY GRP LLC PURPOSE: Program Support | $36,000 |
GROTTO PARTNERS LLC PURPOSE: Program Support | $20,149 |
TWH PUBLISHING LLC PURPOSE: Program Support | $16,777 |
Grants Recieved
Over the last fiscal year, we have identified 34 grants that Independent Arts & Media has recieved totaling $1,206,006.
| Awarding Organization | Amount |
|---|---|
Public Health Institute Oakland, CA PURPOSE: Technical Assistance | $140,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $137,354 |
Silicon Valley Social Venture Fund Redwood City, CA PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
Long Ridge Foundation San Francisco, CA PURPOSE: PROGRAM SUPPORT | $100,000 |
Charles And Helen Schwab Foundation San Francisco, CA PURPOSE: HUMAN SERVICES | $100,000 |
Amalgamated Charitable Foundation Inc Washington, DC PURPOSE: General operating support | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For The Collaborative Classroom Alameda, CA | $27,743,663 | $25,227,880 |
Rest Of World Media Inc Menlo Park, CA | $7,722,872 | $6,954,014 |
Academy Of Television Arts & Sciences Foundation North Hollywood, CA | $41,276,361 | $3,404,719 |
Honolulu Civil Beat Inc Honolulu, HI | $3,542,480 | $4,574,284 |
Cityside Journalism Initiative Berkeley, CA | $1,452,372 | $3,671,033 |
China Digital Times Inc Berkeley, CA | $583,424 | $3,143,749 |
Independent Arts & Media San Francisco, CA | $1,765,650 | $3,883,542 |
Center For Asian American Media San Francisco, CA | $7,019,296 | $6,137,998 |
Pangea Foundation San Diego, CA | $78,972 | $2,732,387 |
Words Of Peace International Westlake Village, CA | $2,861,507 | $4,186,143 |
The Social Justice Foundation Thousand Oaks, CA | $195,044 | $2,658,674 |
Na Leo O Hawaii Inc Hilo, HI | $11,021,872 | $2,109,553 |