Nonprofit · EIN 83-4616910
MASSACHUSSETTS MEDIA FUND INC
Tax-exempt · SOMERVILLE, MA 02143
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $306,429 | $180,777 | $125,652 | $147,854 | $0 | $147,854 |
| December 31, 2023 | 990 | $133,669 | $190,019 | -$56,350 | $22,202 | $0 | $22,202 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $306,429
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $126,000
- Salaries, compensation and benefits (total)
- $126,000
- Professional fundraising fees
- $0
- Accounting fees
- $3,610
- Travel
- $3,710
- Depreciation
- $885
- Program services (functional)
- $132,499
- Management and general (functional)
- $48,278
Balance sheet and other
- Total assets, start of year
- $22,202
- Total assets, end of year
- $147,854
- Total liabilities, end of year
- $0
- Net assets, end of year
- $147,854
- Land, buildings and equipment
- $395
- Publicly traded securities
- $33
- Net assets without donor restrictions
- $147,854
- Gross receipts
- $306,429
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2019
- State of legal domicile
- MA
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 |
|---|---|---|---|
| JOHN LOFTUS | DIRECTOR Trustee or director | 1 | $42,800 |
| JASON PRAMAS | TREASURER Trustee or director, Officer | 1 | $41,600 |
| CHRISTOPHER FARAONE | DIRECTOR Trustee or director | 1 | $41,600 |
| FELICIA SULLIVAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ZAKIYA ALAKE | CLERK Trustee or director, Officer | 1 | $0 |
| G VALENTINO BALL | DIRECTOR Trustee or director | 1 | $0 |
| SAUL TANNENBAUM | DIRECTOR Trustee or director | 1 | $0 |
| KRISTINE PALMERO | DIRECTOR Trustee or director | 1 | $0 |
| GARRETT QUINN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER FARAONE | DIRECTOR Trustee or director | 1 | $44,640 |
| JOHN LOFTUS | DIRECTOR Trustee or director | 1 | $42,760 |
| JASON PRAMAS | ASSISTANT CLERK Trustee or director | 1 | $40,320 |
| LINDA PINKOW | TREASURER Trustee or director, Officer | 1 | $13,000 |
| FELICIA SULLIVAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ZAKIYA ALAKE | CLERK Trustee or director, Officer | 1 | $0 |
| G VALENTINO BALL | DIRECTOR Trustee or director | 1 | $0 |
| CINDY RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 |
| SAUL TANNENBAUM | DIRECTOR Trustee or director | 1 | $0 |
| CLARENCE SMITH JR | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 519 SOMERVILLE AVE 206, SOMERVILLE, MA 02143-3347
- In care of
- % JASON PRAMAS
- Principal officer (990 for 2024)
- JASON PRAMAS, 519 SOMERVILLE AVE 206, SOMERVILLE, MA 02143
- Signed the 990
- JASON PRAMAS, TREASURER
- Phone
- (617) 209-9511
- Website
- HTTPS://BINJONLINE.COM/
- Return prepared by
- STONE & COMPANY LLC
Mission
THE MASSACHUSETTS MEDIA FUND DBA THE BOSTON INSTITUTE FOR NONPROFIT JOURNALISM SUPPORTS THE DEVELOPMENT AND PRODUCTION OF INDEPENDENT NEWS. BINJ ACHIEVES ITS MISSION BY: PROVIDING ORGANIZATIONAL SUPPORT TO COMMUNITY PUBLICATIONS; RUNNING REPORTING COLLABORATIONS AND CIVIC ENGAGEMENT INITIATIVES; TRAINING PROMISING JOURNALISTS; AND PRODUCING BOLD INDEPENDENT JOURNALISM.
Program accomplishments
- PROVIDING ORGANIZATIONAL SUPPORT TO COMMUNITY PUBLICATIONS; RUNNING REPORTING COLLABORATIONS AND CIVIC ENGAGEMENT INITIATIVES; TRAINING PROMISING JOURNALISTS; AND PRODUCING BOLD INDEPENDENT JOURNALISM.Expenses $132,499 · revenue $306,429
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
- 83-4616910
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A30)
- Assets (IRS master file)
- $147,854
- Income (IRS master file)
- $306,429
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $306,429 | $180,777 | $147,854 | XML |
| 990 | December 2023 | $133,669 | $190,019 | $22,202 | XML |
| 990 | December 2022 | $148,290 | $94,742 | $78,672 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 83-4616910).
Questions about MASSACHUSSETTS MEDIA FUND INC
- What is the EIN of MASSACHUSSETTS MEDIA FUND INC?
- The employer identification number (EIN) of MASSACHUSSETTS MEDIA FUND INC is 83-4616910.
- Is MASSACHUSSETTS MEDIA FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to MASSACHUSSETTS MEDIA FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MASSACHUSSETTS MEDIA FUND 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 MASSACHUSSETTS MEDIA FUND 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 MASSACHUSSETTS MEDIA FUND 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 MASSACHUSSETTS MEDIA FUND INC?
- The 990 for the year ended December 31, 2024 names JASON PRAMAS.
- Who are the officers and directors of MASSACHUSSETTS MEDIA FUND INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $42,800 (JOHN LOFTUS, DIRECTOR).
- How much revenue does MASSACHUSSETTS MEDIA FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $306,429, expenses of $180,777 and total assets of $147,854 at year end.
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