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        <ExplanationTxt>PRIMARY EXEMPT PURPOSE: INVESTIGATIVE STUDIOS IS AN INDEPENDENT NONPROFIT COMMITTED TO MAKING POSITIVE SOCIAL IMPACT THROUGH DOCUMENTARY FILMMAKING IN THE PUBLIC INTEREST. TRUSTWORTHY INFORMATION IS IMPERATIVE TO A FUNCTIONING DEMOCRACY. STUDIOS CHAMPIONS THE QUALITY OF CRAFT AND INVESTS IN THE DOCUMENTARY FILMMAKING COMMUNITY BY SUPPORTING, MENTORING, AND EDUCATING NEXT-GENERATION INVESTIGATIVE JOURNALISTS FROM DIVERSE POPULATIONS AND/OR SOCIALLY DISADVANTAGED GROUPS.THE PRODUCTIONS WE SUPPORT FOCUS ON STORIES THAT UNCOVER INJUSTICE, ABUSE, AND WRONGDOING, MAKING THEM A UNIQUELY POWERFUL MEDIUM TO ROUSE THE MOST DYNAMIC LEVER OF CHANGE: A WELL-INFORMED PUBLIC. PROGRAM ACCOMPLISHMENTS: The Reckoning This documentary film is in development, and Investigative Studios is the fiscal sponsor and is providing editorial input.It all began with a utopian goal to connect everyone on the globe to what was called the Internet. It promised a new marketplace of ideas, entertainment, goods, and services, but it also unleashed astaggering torrent of disinformation, hatemongering, and chaos. Today, were at a crossroads. Can theinternet fix itself, or must regulation be imposed if its not too late? What do we do now? Who should decide what should or should not be on the Internet? Will there be a reckoning? While the U.S. abandoned its public interest standards with deregulation, the EU is stepping up. Wereveal The Brussels Effect and the AI Time Bomb. We have interviewed EU leaders Margrethe Vestager and Thierry Breton, Googles Richard Gingras, US political leaders Al Gore, and Newton Minow, UC scientist Hani Farid, Stanford cyber policy expert Marietje Schaake, Sam Altman, CEO of Open AI, among others. Bloodhorse This documentary film is in development and is an Investigative Studios production. Bloodhorse will be an explosive feature documentary film exposing the crimes lurking beneath the glamorous facade of horse racing, a high-stakes, global sport plagued by fraud, doping, and injustice. Horse racing, once known as the sport of kings, has become the sport of cheaters, drug dealers, money launderers, criminal gangs, and dead horses. Twenty-two thoroughbreds die on average every week at racetracks in the United States. In Europe? Zero. This film is a murder mystery, and a tale of corruption told through the story of one rescued, broken-down thoroughbred and a dogged journalist who takes viewers into the dark underbelly of the sport as she investigates the mysterious deaths of champion racehorses and on a journey with the horsemen and women whistleblowers who have turned on their sport to try to save it from itself.During FY 2023-2024, Investigative Studios employed a full-time Executive Director who led our efforts to produce films, train the next generation of investigative journalism filmmakers, and raise funds for the organization.</ExplanationTxt>
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