Nonprofit · EIN 47-2788684
THE 74 MEDIA INC
Tax-exempt · NEW YORK, NY 10038
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,186,574 | $4,191,025 | -$1,004,451 | $8,364,765 | $2,267,028 | $6,097,737 |
| December 31, 2023 | 990 | $7,734,015 | $3,868,696 | $3,865,319 | $7,116,903 | $14,715 | $7,102,188 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,014,757
- Program service revenue
- $0
- Investment income
- $158,048
- Royalties
- $13,469
- Other revenue
- $13,769
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $283,885
- Other salaries and wages
- $2,203,991
- Salaries, compensation and benefits (total)
- $3,280,085
- Professional fundraising fees
- $0
- Legal fees
- $51,612
- Accounting fees
- $107,838
- Occupancy
- $72,376
- Travel
- $96,070
- Depreciation
- $4,396
- Program services (functional)
- $3,538,217
- Management and general (functional)
- $543,715
- Fundraising (functional)
- $109,093
Balance sheet and other
- Total assets, start of year
- $7,116,903
- Total assets, end of year
- $8,364,765
- Total liabilities, end of year
- $2,267,028
- Net assets, end of year
- $6,097,737
- Land, buildings and equipment
- $3,462
- Net assets without donor restrictions
- $4,079,487
- Net assets with donor restrictions
- $2,018,250
- Gross receipts
- $3,186,574
- Employees
- 26
- Volunteers
- 4
- Year formed
- 2015
- State of legal domicile
- DE
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVEN SNYDER | CHIEF EXECUTIVE OFFICER Officer | 40 | $257,695 | $26,190 |
| EMMELINE ZHAO | CHIEF CREATIVE OFFICER Highest-paid employee | 40 | $195,000 | $26,524 |
| BEVERLY WEINTRAUB | EXECUTIVE EDITOR Highest-paid employee | 40 | $151,250 | $25,929 |
| KATHLEEN MOORE O'CONNOR | EXECUTIVE EDITOR Highest-paid employee | 40 | $152,120 | $8,260 |
| JOANNE WASSERMAN | EXECUTIVE EDITOR Highest-paid employee | 40 | $128,915 | $24,876 |
| ANDREW BROWNSTEIN | EXECUTIVE EDITOR Highest-paid employee | 40 | $128,000 | $20,889 |
| JAMES ROBERTS | CONTRIBUTING EDITOR (FORMER OFFICER) Former | 40 | $122,215 | $24,409 |
| ROMY A DRUCKER | PRESIDENT/DIRECTOR Trustee or director, Officer | 0.15 | $0 | $0 |
| KEVIN SHAFER | TREASURER/SECRETARY/DIRECTOR Trustee or director, Officer | 0.15 | $0 | $0 |
| ANDY ROTHERHAM | DIRECTOR Trustee or director | 0.15 | $0 | $0 |
| CAMPBELL BROWN | DIRECTOR Trustee or director | 0.15 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVEN SNYDER | CHIEF EXECUTIVE OFFICER Officer | 40 | $266,904 | $38,907 |
| JAMES ROBERTS | PUBLISHER & CHIEF STRATEGY OFFICER Officer | 40 | $265,269 | $28,042 |
| BEVERLY WEINTRAUB | EXECUTIVE EDITOR Highest-paid employee | 40 | $151,500 | $24,890 |
| EMMELINE ZHAO | SENIOR WRITER Highest-paid employee | 40 | $131,083 | $23,534 |
| KATHLEEN MOORE O'CONNOR | EXECUTIVE EDITOR Highest-paid employee | 40 | $144,612 | $7,976 |
| ANDREW BROWNSTEIN | EXECUTIVE EDITOR Highest-paid employee | 40 | $124,500 | $19,880 |
| JOANNE WASSERMAN | EXECUTIVE EDITOR Highest-paid employee | 40 | $121,961 | $18,921 |
| ANDY ROTHERHAM | DIRECTOR Trustee or director | 0.15 | $0 | $0 |
| CAMPBELL BROWN | DIRECTOR Trustee or director | 0.15 | $0 | $0 |
| KEVIN SHAFER | DIRECTOR Trustee or director | 0.15 | $0 | $0 |
| ROMY A DRUCKER | DIRECTOR Trustee or director | 0.15 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 BROADWAY FL 3 INDUSTRIOUS 601, NEW YORK, NY 10038-2595
- In care of
- % STEVEN J SNYDER
- Principal officer (990 for 2024)
- STEVE SNYDER, 200 BROADWAY FL 3 INDUSTRIOUS 601, NEW YORK, NY 10038
- Signed the 990
- STEVE SNYDER, CHIEF EXECUTIVE OFFICER
- Phone
- (727) 623-0934
- Website
- WWW.THE74MILLION.ORG
- Return prepared by
- ATCHLEY & ASSOCIATES LLP
Mission
THE 74 IS A NON-PROFIT, NON-PARTISAN NEWS SITE COVERING EDUCATION IN AMERICA. WE BELIEVE OUR PUBLIC EDUCATION SYSTEM IS IN CRISIS. IN THE UNITED STATES, FEWER THAN HALF OUR STUDENTS CAN READ OR DO MATH AT GRADE-LEVEL, YET THE EDUCATION DEBATE IS DOMINATED BY MISINFORMATION.
Program accomplishments
- STUDENT PROGRESS (AND STRUGGLES) AFTER COVID: NOW FOUR YEARS REMOVED FROM THE FIRST CLASSROOM CLOSURES CAUSED BY COVID, 2024 PROVED TO BE A PIVOTAL YEAR IN CONFRONTING STUDENT ABSENTEEISM AND DECLINING SCHOOL ENROLLMENT TRENDS AND COVERING THE RAPID EXPANSION OF INNOVATIVE SCHOOL MODELS, AS FAMILIES SOUGHT ALTERNATIVE EDUCATION OPTIONS. THE 74 WAS COMMITTED TO COVERING THIS SEA CHANGE IN THE EDUCATIONAL SYSTEM, FROM SHIFTING FAMILY PREFERENCES TO THE EMERGENCE OF A NEW WAVE OF EDUCATIONAL ENTREPRENEURS AND EMERGING STATE POLICIES THAT GAVE FAMILIES GREATER AUTONOMY IN PURSUING ALTERNATIVE EDUCATIONAL SETTINGS.Expenses $707,643
- THE FUTURE OF COLLEGE AND CAREER: 2024 SAW CONTINUED DISRUPTIONS TO THE NATION'S COLLEGE PIPELINE AND A CORRESPONDING REASSESSMENT OF HIGH SCHOOL DIPLOMAS. HOW SHOULD TODAY'S HIGH SCHOOL GRADUATES BE PREPARED FOR BOTH COLLEGE AND CAREER TODAY? AND HOW SHOULD THE HIGH SCHOOL EXPERIENCE BE RECONCEIVED, TO BETTER PREPARE THE TEENS OF 2024 FOR THE FUTURE WORKFORCE? THE 74 DEDICATED SIGNIFICANT BANDWIDTH TO EXPLORING THESE QUESTIONS, BY CONTINUING OUR "FUTURE OF HIGH SCHOOL" SERIES THAT CAST A SPOTLIGHT ON THE MOST UNIQUE CAMPUSES ACROSS THE NATION. FROM WORKFORCE PREPAREDNESS TO BETTER SUPPORT FOR HIGH SCHOOL GRADS TRANSITIONING TO BOTH COMMUNITY COLLEGES AND FOUR-YEAR PROGRAMS, OUR JOURNALISTS COVERED THE CAMPUSES ON THE CUTTING EDGE OF A HIGH SCHOOL REVOLUTION.Expenses $530,732 · revenue $300
- EDUCATION TECHNOLOGY AND THE RISE OF AI TOOLS: WE DEEPENED OUR FEATURE REPORTING ABOUT THE CREATION OF CLASSROOM TOOLS TO AID BOTH TEACHERS IN THEIR JOBS AND STUDENTS IN THEIR LEARNING. AS WE PUT A SPOTLIGHT ON ARTIFICIAL INTELLIGENCE, WE ALSO PRIORITIZED COVERAGE OF HOW EDUCATORS ARE BEING BROUGHT INTO THE INNOVATIVE PROCESS AND CASE STUDIES OF HOW NEW TOOLS ARE BEING DEPLOYED (BOTH SUCCESSFULLY AND UNSUCCESSFULLY) IN THE CLASSROOM SETTING.Expenses $247,675
- SCHOOL DATA SECURITY AND STUDENT PRIVACY: THE 74 CONTINUED ITS AWARD WINNING COVERAGE OF SCHOOL TECHNOLOGY AND CYBERSECURITY, INCLUDING ADDITIONAL COVERAGE OF CYBERATTACKS THAT RESULTED IN SIGNIFICANT DATA BREACHES AND THE LEAKING OF CONFIDENTIAL STUDENT DATA. AS SCHOOLS CONTINUE TO SERVE AS MAJOR TARGETS OF OPPORTUNITY FOR HACKERS, AND AS THE NUMBER OF SUCH DATA INCIDENTS SKYROCKETED OVER THE PAST FEW YEARS, THE 74 HAS TURNED A GREATER SHARE OF ITS ATTENTION TO FOCUSING ON HOW THESE ATTACKS IMPACT SCHOOL OPERATIONS, STUDENT DATA AND DISTRICT BUDGETS.Expenses $176,911
- EARLY CHILDHOOD DEVELOPMENT: THE 74 MADE A STRATEGIC INVESTMENT IN EXPANDING OUR COVERAGE OF EARLY EDUCATION AND CHILDHOOD DEVELOPMENT ISSUES. IN THE SUMMER OF 2024, THE ORGANIZATION FORMALIZED A PARTNERSHIP WITH EARLY LEARNING NATION TO LAUNCH NEW COVERAGE OF CHILDREN AGED ZERO TO 5, AND TO FURTHER AMPLIFY EARLY LEARNING NATION'S ARCHIVE OF CONTENT TO OUR NATIONAL MAINSTREAM AUDIENCE. WE INTEND TO EXPAND THIS WORK FURTHER IN 2025.Expenses $176,911
- OTHER PROGRAM SERVICES: EXPANDED THE SEARCH AND IMPACT OF THE 74 THROUGH A POWERFUL MIX OF EDITORIAL, VIDEO, AUDIENCE DEVELOPMENT INITIATIVES, LIVE EVENTS AND MEDIA OPPORTUNITIES.Expenses $1,698,345
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2788684
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A33)
- Assets (IRS master file)
- $8,364,765
- Income (IRS master file)
- $3,186,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,186,574 | $4,191,025 | $8,364,765 | XML |
| 990 | December 2023 | $7,734,015 | $3,868,696 | $7,116,903 | XML |
| 990 | December 2022 | $4,513,773 | $3,668,041 | $3,246,749 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 47-2788684).
Questions about THE 74 MEDIA INC
- What is the EIN of THE 74 MEDIA INC?
- The employer identification number (EIN) of THE 74 MEDIA INC is 47-2788684.
- Is THE 74 MEDIA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to THE 74 MEDIA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE 74 MEDIA INC 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 THE 74 MEDIA INC 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 THE 74 MEDIA INC 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 THE 74 MEDIA INC?
- The 990 for the year ended December 31, 2024 names STEVE SNYDER.
- Who are the officers and directors of THE 74 MEDIA INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 7 received compensation from the organization, the highest $257,695 (STEVEN SNYDER, CHIEF EXECUTIVE OFFICER).
- How much revenue does THE 74 MEDIA INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,186,574, expenses of $4,191,025 and total assets of $8,364,765 at year end.
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