2024-05-13T18:47:27-07:00 2023-12-31 990EZ 2023-01-01 133722146 MEDIA FOR THE PUBLIC GOOD INC MEDI 9146740900 21 Brookside Lane Dobbs Ferry NY 10522 Marc Sophos Executive Director 9146740900 2024-05-13 Marc Sophos 999009999 1 1 11 1 AAL2 2023 2023-04-26 12:10:37Z X https://mfpg.org X X 46193 X 8855 0 0 10 37328 25050 12278 0 0 0 0 0 0 0 0 21143 0 0 0 0 25127 0 9260 34387 -13244 122838 0 109594 X 108720 122581 0 0 14118 0 122838 122581 0 12987 122838 109594 produce/disseminate public radio programming and podcasts Media for the Public Good, Inc., is the creator of public radio's nationally distributed LGBTQ youth programs, also available on various podcast sites as well as our web site, https://mfpg.org 8855 34387 34387 X Marc Sophos Chairman - see Schedule O for Column (d) 50 0 0 0 Melissa Fogarty Director 1 0 0 0 Christopher Bastardi Director 1 0 0 0 Marilyn Sophos Treasurer 3 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 NY Marilyn Sophos 21 Brookside Lane Dobbs Ferry NY 10522 9146740900 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 55166 36169 95524 27919 8855 223633 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 55166 36169 95524 27919 8855 223633 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 223633 6 3 11 11 10 41 0 0 0 0 0 0 6 3 11 11 10 41 0 0 0 0 0 0 10 0 0 0 0 10 55182 36172 95535 27930 8865 223684 0.99977 0.99985 0.00018 0.00012 X Schedule A, Part III, Line 12 Miscellaneous income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Studio equipment and furnishings; see Schedule N Part III 2023-08-18 37328 Auction Multiple individuals see Part III 0 0 0 0 Schedule N, Part II, Line 1 For many years, MFPG has produced long-form, issue-based programming on LGBTQ+ issues as seen from a youth perspective. This programming has been the only nationally distributed programming of its kind in public radio in the U.S. All of the programming -- more than 200 episodes -- is being preserved by the American Archive of Public Broadcasting, a project of public broadcaster WGBH in Boston and the Library of Congress. Until 2020, the program's youth participants, mainly high school students, gathered weekly in MFPG's broadcast studio to create this programming, with professional supervision and training. In addition to the public service nature of the programming itself, youth participants gained powerful and sometimes life-changing experiences. During the early years of the pandemic, when working together in a studio environment was not possible, MFPG continued to produce and distribute its programming through remote work. But working remotely made it more difficult to find young people to participate. Ultimately, the years of remote work and other factors resulted in MFPG having too few youth participants, forcing MFPG to suspend the production of new programming in late in 2022. In 2023, MFPG made the difficult decision to close the studio in order to avoid further rent, utility, and insurance payments for a facility that was not being used. Closing the studio took much of 2023 and culminated in the sale of MFPG's equipment and furnishings to a number of private individual buyers through an online auction. No MFPG officers or directors participated as bidders. The auction was held by a professional auction house (Absolute Auctions and Realty, Inc., P.O. Box 1739, Pleasant Valley, NY 12569, EIN 14-1722898). It was publicized online by the auction house and through social media sites related to professional audio equipment. Buyers picked up their purchases in September, and following final cleanup, MFPG vacated the space in October. Production of new programming remains suspended, at least for now, but MFPG continues to make all of its existing programming available to the public through its web site, https://mfpg.org. The programming continues to be featured on public radio stations from time to time. Form 990-EZ, Part I, Line 16 Moving and hauling: 5,937; insurance: 1855; transportation: 561; office supplies: 416; corporate fees: 195; parts and supplies: 131; contracting: 125; software: 40. Form 990-EZ, Part II, Line 26 Accounts payable: $12,987. Over a period of many years, Marc Sophos, MFPG's founder and executive director, permitted MFPG to use, at no cost, studio equipment and furnishings belonging to him personally. These assets were never transferred to MFPG but rather remained the personal property of Mr. Sophos on long-term loan to MFPG. During the auction in which MFPG's studio equipment and furniture were sold, these personal assets of Mr. Sophos were also sold. The gross amount paid by purchasers for these personal assets was $17,842; the commission paid to the auction house on these personal assets was $4,855; and the resulting net due to Mr. Sophos was therefore $12,987. MFPG was paid by the auction house for all of the assets that were sold -- both those belonging to MFPG and those belonging to Mr. Sophos -- but as of the end of the 2023 tax year, MFPG had not yet reimbursed Mr. Sophos in this amount. Form 990-EZ, Part IV Form 990-EZ, Part IV, Column D: Media for the Public Good, Inc., has entered into a deferred compensation agreement with its founder, Marc Sophos, under which Mr. Sophos has agreed to defer his compensation otherwise due from MFPG in consideration of his services to MFPG. Under the deferred compensation agreement, the deferral continues until the earliest of: (i) adoption by the board of directors of a resolution authorizing payment of all or any portion of the deferred compensation; (ii) breach by MFPG of any of its obligations under the deferred compensation agreement, including but not limited to its obligation to continue to employ Mr. Sophos as president and chairman of MFPG; (iii) termination of Mr. Sophos's employment by MFPG for any reason; or (iv) failure of the members of MFPG to continue to elect Mr. Sophos to serve on the board of MFPG. Based on Mr. Sophos's more than 30 years of service to MFPG, the amount of deferred compensation remaining is in excess of $2 million.