2026-08-13T17:39:20-05:00 2025-07-31 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2024-08-01 370341210 ILLINI MEDIA COMPANY ILLI 2173378310 1001 SOUTH WRIGHT ST CHAMPAIGN IL 61820 JIM SCHLUETER BOARD CHAIR 2173378310 2026-07-17 1 1 ANDREW SMITH CPA P01518894 3096714500 2026-07-17 2024 2025-03-06 01:10:19Z JIM SCHLUETER 1001 SOUTH WRIGHT ST CHAMPAIGN IL 61820 761208 0 X HTTP://WWW.ILLINIMEDIA.COM X 1911 IL ILLINI MEDIA IS COMMITTED TO PROVIDING AN UNSURPASSED EDUCATIONAL OPPORTUNITY FOR ITS STUDENT EMPLOYEES AND TO KEEPING THIS MISSION AT THE FOREFRONT OF ALL OUR INTERNAL DECISION-MAKING. OUR WELL-RUN, SUCCESSFUL COMPANY ALLOWS US TO OFFER A PROFESSIONAL, HANDS-ON, STUDENT-RUN LEARNING ENVIRONMENT, AND TO PROVIDE HIGH-QUALITY COMMUNICATION VEHICLES FOR READERS, LISTENERS AND VIEWERS THROUGHOUT OUR CAMPUS AND COMMUNITY. 8 8 130 300 0 0 135077 163323 590782 597885 0 0 0 0 725859 761208 0 0 0 0 397064 449908 0 0 13450 422589 473357 819653 923265 -93794 -162057 895808 781403 970759 1001547 -74951 -220144 X ILLINI MEDIA IS COMMITTED TO PROVIDING AN UNSURPASSED EDUCATIONAL OPPORTUNITY FOR ITS STUDENT EMPLOYEES AND TO KEEPING THIS MISSION AT THE FOREFRONT OF ALL OUR INTERNAL DECISION-MAKING. OUR WELL-RUN, SUCCESSFUL COMPANY ALLOWS US TO OFFER A PROFESSIONAL, HANDS-ON, STUDENT-RUN LEARNING ENVIRONMENT, AND TO PROVIDE HIGH-QUALITY COMMUNICATION VEHICLES FOR READERS, LISTENERS AND VIEWERS THROUGHOUT OUR CAMPUS AND COMMUNITY.BY OFFERING COMPREHENSIVE TRAINING, PROVIDING CURRENT TOOLS AND RESOURCES, AND CREATING A CHALLENGING, FAST-PACED ENVIRONMENT, ILLINI MEDIA HELPS CREATE HIGHLY SOUGHT AFTER JOURNALISTS, BROADCASTERS, AND MANAGERS. WHILE OUR STUDENTS LEAD OUR DAILY MEDIA OPERATIONS, THEY LEARN THE RESPONSIBILITY OF MAKING INDEPENDENT DECISIONS AND GAIN AN UNDERSTANDING AND RESPECT FOR CHERISHED FREEDOM OF EXPRESSION PRINCIPLES AND ETHICAL BUSINESS PRACTICES. 0 0 725686 597885 EDUCATIONAL EXPERIENCE FOR UNIVERSITY STUDENTS IN MEDIA PRODUCTION AND SALES CONSISTING OF A STUDENT NEWSPAPER, RADIO BROADCASTING, YEARBOOK AND A QUARTERLY STUDENT MAGAZINE. 725686 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 130 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 1 0 IL X MELISSA PASCO 2173378310 1001 SOUTH WRIGHT ST CHAMPAIGN IL 61820 BOB EPSTEIN BOARD MEMBER 2.00 X 0 0 0 CAROLINA GARIBAY BOARD SECRETARY 4.00 X X 0 0 0 ERIK RIHA BOARD MEMBER 2.00 X 0 0 0 JENNIFER OWENS BOARD MEMBER 2.00 X 0 0 0 JIM SCHLUETER BOARD PRESIDENT 5.00 X X 0 0 0 JULIE WURTH ASMUSSEN BOARD VICE PRESIDENT 4.00 X X 0 0 0 MOLLY CORNYN BOARD MEMBER (THRU 10/25) 2.00 X 0 0 0 LIL LEVANT BOARD MEMBER 2.00 X 0 0 0 JOHNATHAN HETTINGER BOARD MEMBER 2.00 X 0 0 0 JJ KIM STUDENT BOARD MEMBER 1.00 X 0 0 0 MELISSA PASCO BUSINESS DIRECTOR 40.00 X 101802 0 0 JAKE WILLIAMS EXECUTIVE DIRECTOR/CEO 40.00 X 77125 0 0 178927 0 0 1 0 0 0 0 163323 7519 163323 MEDIA SALES 541800 376666 376666 UIUC STUDENT FEES 900099 182000 182000 OTHER REVENUE 900099 39219 39219 597885 761208 597885 0 0 X 157375 157375 251443 161661 76472 13310 23904 18654 5250 17186 13412 3774 11265 10364 901 19759 18178 1581 71762 71762 18547 14057 4447 43 55881 767 55114 92815 90311 2504 18110 17386 724 19027 18266 761 27005 27005 PRINTING AND PRODUCTION 95564 95564 OTHER 26497 24632 1768 97 EDITORIAL 11667 11667 BANQUET 3828 3828 1630 1630 923265 725686 184129 13450 256659 52654 126891 165523 96938 96937 37857 94098 12939 7272 285110 200269 44245 84841 320279 280078 895808 781403 115995 213734 30131 12317 824633 775496 970759 1001547 X -104521 -254053 29570 33909 -74951 -220144 895808 781403 -162057 16864 0 X X 0 1 X 1 0 X 90405 371498 148531 135077 163323 908834 90405 371498 148531 135077 163323 908834 908834 908834 2882150 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 285110 200269 84841 84841 OPERATING ROU ASSET 278726 WASH ACCOUNT 1352 280078 SBA LOAN 487225 CAPITAL LEASE OBLIGATION 288271 775496 X 781550 16864 3478 20342 761208 0 761208 926743 3478 3478 923265 0 923265 PART X, LINE 2: ILLINI MEDIA COMPANY IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, ILLINI MEDIA COMPANY IS REQUIRED TO PAY TAXES ON ANY UNRELATED BUSINESS INCOME. MANAGEMENT DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS OF THE COMPANY AT JULY 31, 2025 AND 2024. THE COMPANY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND ONE STATE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE SECRETARY AND PRESIDENT, AS SIGNING OFFICERS, REVIEW FORM 990 PRIOR TO SIGNING AND FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C STUDENT STAFF MUST REVIEW THE POLICY ONLINE AND ACCEPT ELECTRONICALLY PRIOR TO THE START OF EMPLOYMENT. THIS IS TRACKED ELECTRONICALLY THROUGH A PORTAL. THE BOARD CONFLICT OF INTEREST POLICY IS DESCRIBED IN THE BYLAWS. THE BYLAWS ARE INSERTED INTO THE BOARD PACKETS. THE BOARD SPECIFICALLY ACCEPTS CHANGES WHEN MADE TO THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE APPROVED AT THE ANNUAL SUMMER MEETING DURING THE EXECUTIVE SESSION. EXECUTIVE DIRECTOR PREPARES PRESENTATION USING COMPILED MEDIA ASSOCIATION DATA REGARDING SIMILAR SIZED ORGANIZATIONS' REVENUE AND SUBSCRIPTIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUESTS ARE DIRECTED TO THE EXECUTIVE DIRECTOR. REQUESTS CAN BE WRITTEN OR VERBAL. THE DOCUMENTS ARE MAINTAINED IN THE STATION AS REQUIRED BY THE FCC. FORM 990, PART IX, LINE 24E PROGRAMMING: PROGRAM SERVICE EXPENSES 1,630. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,630. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN 901 WEST ILLINOIS STREET URBANA IL 61801 376000511 UNIVERSITY IL 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0