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Nonprofit · EIN 46-3398438

CAPITAL OF TEXAS MEDIA FOUNDATION

Tax-exempt · AUSTIN, TX 78705

Financials

$513K$464K2023$555K$474K2024
Revenue Expenses · by fiscal year end
Financials of CAPITAL OF TEXAS MEDIA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$554,718$473,876$80,842$180,384$37,395$142,989
December 31, 2023990$513,329$464,424$48,905$100,937$38,790$62,147
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$469,343
Program service revenue
$82,515
Investment income
$0
Other revenue
$2,860

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$143,000
Other salaries and wages
$88,400
Salaries, compensation and benefits (total)
$255,794
Professional fundraising fees
$0
Accounting fees
$22,900
Program services (functional)
$424,057
Management and general (functional)
$49,246
Fundraising (functional)
$573

Balance sheet and other

Total assets, start of year
$100,937
Total assets, end of year
$180,384
Total liabilities, end of year
$37,395
Net assets, end of year
$142,989
Net assets without donor restrictions
$142,989
Gross receipts
$554,718
Employees
2
Volunteers
0
Year formed
2013
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOEL GROSSCEO
Officer
40$143,000
ALBERT SWANTNERDIRECTOR
Trustee or director
1$0
CARMEN LUEVANOSDIRECTOR
Trustee or director
1$0
CORY OLDERDIRECTOR
Trustee or director
1$0
DAN GRAHAMDIRECTOR
Trustee or director
1$0
DAN RUTLEDGEDIRECTOR
Trustee or director
1$0
JAMES VALADEZDIRECTOR
Trustee or director
1$0
JAY FOXDIRECTOR
Trustee or director
1$0
JOHN KAERCHERDIRECTOR
Trustee or director
1$0
MACY HURWITZDIRECTOR
Trustee or director
1$0
MAGGIE ENGLERDIRECTOR
Trustee or director
1$0
NATHAN RYANCHAIRMAN
Trustee or director
1$0
PAUL SALDANADIRECTOR
Trustee or director
1$0
SHON BAYERDIRECTOR
Trustee or director
1$0
SYLVIA BUTANDADIRECTOR
Trustee or director
1$0
3 more people on this return
NameTitleHours / weekCompensation
TYSON TUTTLEDIRECTOR
Trustee or director
1$0
VICTORIA LIDIRECTOR
Trustee or director
1$0
BARBARA DANIELSCFO
Officer
5$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
JOEL GROSSCEO
Officer
40$111,000
ASHLEY AMINIDIRECTOR
Trustee or director
1$0
DAN AUSTINDIRECTOR
Trustee or director
1$0
ANDREW BROWNDIRECTOR
Trustee or director
1$0
FRANCISCO ENRIQUEZDIRECTOR
Trustee or director
1$0
MATT ESBERDIRECTOR
Trustee or director
1$0
DAN GRAHAMDIRECTOR
Trustee or director
1$0
MIKE KANINCHAIRMAN
Trustee or director
1$0
AMBASSADOR LYNDON OLSONDIRECTOR
Trustee or director
1$0
GRACE FISHER RENBARGERDIRECTOR
Trustee or director
1$0
ALEX SCHOENBAUMDIRECTOR
Trustee or director
1$0
IRFAN SYEDDIRECTOR
Trustee or director
1$0
TYSON TUTTLEDIRECTOR
Trustee or director
1$0
BARBARA DANIELSCFO
Officer
5$0

Address and contacts

Address (IRS master file)
3507 N LAMAR BLVD 300909, AUSTIN, TX 78705-9997
Principal officer (990 for 2024)
JOEL GROSS, 3507 N LAMAR BLVD 300909, AUSTIN, TX 787059997
Signed the 990
JOEL GROSS, CEO
Phone
(512) 905-4223
Return prepared by
MAXWELL LOCKE & RITTER LLP

Mission

THE ORGANIZATION WAS FORMED TO PROMOTE PUBLIC UNDERSTANDING OF, AND ENGAGEMENT IN, LOCAL PUBLIC AND GOVERNMENTAL ISSUES. THE COMMUNITY SERVED WILL BE THE CENTRAL TEXAS COMMUNITY IN AND AROUND AUSTIN, TRAVIS COUNTY, TEXAS. THE ORGANIZATION INTENDS ON ACCOMPLISHING ITS MISSION THROUGH (1) FREE AND OPEN-TO-THE PUBLIC EVENTS AND FORUMS INTENDED TO EDUCATE AND ENGAGE THE COMMUNITY CONCERNING STATE AND LOCAL ISSUES, (2) PARTNERSHIPS WITH OTHER NONPROFIT ORGANIZATIONS THAT ALSO HAVE MISSIONS TO ENGAGE AND INFORM, AND (3) THE ONLINE DISSEMINATION OF NEWS AND DATA CONCERNING LOCAL GOVERNMENT AND CIVIC ISSUES, INCLUDING DATA OBTAINED THROUGH OPEN RECORDS/FREEDOM OF INFORMATION REQUESTS.

990 for the year ended December 31, 2024

Program accomplishments

  • PRODUCED REGULAR, UNBIASED NEWS COVERAGE FOR PUBLIC CONSUMPTION, PUBLISHING CONTENT FIVE DAYS A WEEK. OFFERED TWICE-DAILY EMAIL UPDATES OF IMPORTANT NEWS EVENTS AIMED AT INCREASING CIVIC ENGAGEMENT, HOSTED SIX FORUMS FEATURING ALL OF THE CANDIDATES SEEKING CITY COUNCIL OFFICE. ALL EVENTS WERE FREE AND OPEN TO THE PUBLIC. IN ADDITION, FORUMS WERE LIVE-STREAMED (ALSO FREE) AND BOTH EVENTS SOUGHT AND INCORPORATED PUBLIC INPUT. PRODUCED WEEKLY RADIO PROGRAMS FOR KOOP RADIO BROADCAST AND PODCAST, COVERING LOCAL ELECTIONS, POLITICS AND KEY CIVIC ISSUES. MADE REGULAR APPEARANCES ON KUT EXPANDING ON COVERAGE FOUND IN THE MONITOR.
    Expenses $424,057 · revenue $85,375

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-3398438
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$180,384
Income (IRS master file)
$554,718

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$554,718$473,876$180,384IRS
990December 2023$513,329$464,424$100,937XML
990December 2022$411,579$483,934$60,991IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-3398438).

Questions about CAPITAL OF TEXAS MEDIA FOUNDATION

What is the EIN of CAPITAL OF TEXAS MEDIA FOUNDATION?
The employer identification number (EIN) of CAPITAL OF TEXAS MEDIA FOUNDATION is 46-3398438.
Is CAPITAL OF TEXAS MEDIA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to CAPITAL OF TEXAS MEDIA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAPITAL OF TEXAS MEDIA FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CAPITAL OF TEXAS MEDIA FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAPITAL OF TEXAS MEDIA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CAPITAL OF TEXAS MEDIA FOUNDATION?
The 990 for the year ended December 31, 2024 names JOEL GROSS.
Who are the officers and directors of CAPITAL OF TEXAS MEDIA FOUNDATION?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $143,000 (JOEL GROSS, CEO).
How much revenue does CAPITAL OF TEXAS MEDIA FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $554,718, expenses of $473,876 and total assets of $180,384 at year end.

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