Nonprofit · EIN 47-4608248
365 MEDIA FOUNDATION INC
Tax-exempt · MADISON, WI 53701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $824,809 | $837,562 | -$12,753 | $427,027 | $1,203 | $425,824 |
| December 31, 2023 | 990 | $686,601 | $816,151 | -$129,550 | $435,396 | -$3,181 | $438,577 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $781,960
- Membership dues
- $44,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $42,849
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $197,914
- Other salaries and wages
- $236,840
- Salaries, compensation and benefits (total)
- $490,047
- Professional fundraising fees
- $0
- Accounting fees
- $10,393
- Occupancy
- $37,000
- Travel
- $3,616
- Depreciation
- $611
- Program services (functional)
- $819,271
- Management and general (functional)
- $18,291
Balance sheet and other
- Total assets, start of year
- $435,396
- Total assets, end of year
- $427,027
- Total liabilities, end of year
- $1,203
- Net assets, end of year
- $425,824
- Land, buildings and equipment
- $1,886
- Net assets without donor restrictions
- $425,824
- Gross unrelated business income
- $42,849
- Gross receipts
- $824,809
- Employees
- 0
- State of legal domicile
- WI
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 |
|---|---|---|---|
| Henry Sanders Jr | CEO & Publisher Trustee or director, Officer | 40 | $0 |
| Jeff Mack | Director Trustee or director | 1 | $0 |
| Ramon Ortiz | Director Trustee or director | 1 | $0 |
| David Hart | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Henry Sanders Jr | CEO & Publisher Trustee or director, Officer | 40 | $0 |
| Jeff Mack | Director Trustee or director | 1 | $0 |
| Ramon Ortiz | Director Trustee or director | 1 | $0 |
| David Hart | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 842, MADISON, WI 53701-0842
- In care of
- % DAVID DAHMER
- Mailing address (990-N for 2015)
- PO Box 842, Madison WI 53701
- Principal officer (990-N for 2015)
- Robert Chappell, PO Box 842, Madison WI 53701
- Signed the 990
- Henry Sanders Jr, CEO & Publisher
- Phone
- (608) 334-7829
- Website
- madison365.org
- Return prepared by
- Jed Sanborn CPA LLC
Mission
Madison365 uses excellent journalism to start conversations, find real and lasting solutions, build community, invite action and encourage emerging leaders in greater Madison's communities of color, and to foster dialog between members of diverse communities.
Program accomplishments
- 365 Media Foundation began Madison365 academy, training young people of color in journalism and publishing their work. We also produced community focused content that reached more than 500,000 people each month.Expenses $819,271
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
- 47-4608248
- 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)
- Civil rights, social action and advocacy (R22)
- Assets (IRS master file)
- $427,027
- Income (IRS master file)
- $824,809
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $824,809 | $837,562 | $427,027 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $686,601 | $816,151 | $435,396 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $882,787 | $653,837 | $536,282 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Robert Chappell | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-4608248).
Questions about 365 MEDIA FOUNDATION INC
- What is the EIN of 365 MEDIA FOUNDATION INC?
- The employer identification number (EIN) of 365 MEDIA FOUNDATION INC is 47-4608248.
- Is 365 MEDIA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to 365 MEDIA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 365 MEDIA FOUNDATION 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 365 MEDIA FOUNDATION 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 365 MEDIA FOUNDATION 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 365 MEDIA FOUNDATION INC?
- The 990-N for 2015 names Robert Chappell.
- Who are the officers and directors of 365 MEDIA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does 365 MEDIA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $824,809, expenses of $837,562 and total assets of $427,027 at year end.
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All nonprofits in MADISON · Wisconsin · Civil rights, social action and advocacy