Immediate Medium INC FY2023 filing

Public charity (501(c)(3)) New York, NY Since 2000 EIN 06-1607955
Revenue
$215K
▲ +29%
FY2023 · Pt VIII · Ln 12
Expenses
$210K
FY2023 · Pt IX · Ln 25
Net assets
$55K
FY2023 · Pt X · Ln 32
To programs
96%
FY2023 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2024
Revenue
$215K
FY2023▲ +29%
Expenses
$210K
FY2023

Creates hybrid art blending dance, film, sculpture, and architecture, supporting NYC artists.

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Tax-deductible?
Yes
Per the IRS master file.
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Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
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Filing up to date?
Filed FY2024 (typical filing lag)
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Foundation funders?
2 funders, incl. Foundation for Contemporary Arts INC
$46K in the latest grant year.
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Spent on programs?
96% to programs
Form 990 Part IX, latest filing.
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Size and trend
$100K–1M
↑ +29% vs prior year
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Form 990 for the fiscal year ending June 2023 (IRS tax year 2022).


Creates hybrid art blending dance, film, sculpture, and architecture, supporting NYC artists.

Founded
2000
Type
Public charity (501(c)(3)) · Nonprofit
Location
New York, NY
Website
www.immediatemedium.org
Filings
5 on file (2020–2023)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Where the money goes · FY2023
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs
Operating runway
0.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$60K
FY2023
Total liabilities
$5K
FY2023
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$60K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CImmediate Medium INC
EINHdr · item D06-1607955
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.immediatemedium.org
Year of formationHdr · item L2000
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Artistic Director and Board Sec
$44,583Pt VII · Sec A
Associate Director and Board Member
$8,609Pt VII · Sec A
Board Treasurer
$2,040Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
John Lind$41,300$44,583——
Lisa Clair$2,710$8,609$2,800$1,000
Jj Lind——$6,722—
Max Dana—$2,040——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $202K of program spending, described in the organization's own filed words · FY2022.
01

Production of multiple experimental theater performances in New York city

$202Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$150K · 70%
Program service revenue$64K · 30%
Contributions & grants70%$150K
Program service revenue30%$64K
Investment income$3
Other revenue$336
— government grantsLn 1e$101K
Total revenueLn 12$215K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$202K
Management & general4%$8K
Total functional expensesLn 25$210K

Balance Sheet

Part X · end of year
CashLn 1$3K
Total assetsLn 16$60K
Total liabilitiesLn 26$5K
Total net assetsLn 32$55K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3K · Operating expenses/yr $210K
0.2 months
Where the money goes
Program services
Program services $202K · Total expenses $210K
96%
Management & General
Management & general $8K · Total expenses $210K
4%
Fundraising
Fundraising $0 · Total expenses $210K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $49K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $150K · Total revenue $215K
70%
Government reliance
Government grants $101K · Total revenue $215K
47%
Earned-income share
Program service revenue $64K · Total revenue $215K
30%
Investment reliance
Investment income $3 · Total revenue $215K
<0.01%
Program self-sufficiency
Program service revenue $64K · Total expenses $210K
31%
Growth & trend
Revenue growth (YoY)
This year $215K · Prior year $167K
+29%
Net-asset trend (YoY)
End of year $55K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $215K · Expenses $210K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $60K
—
Net-asset ratio
Net assets $55K · Total assets $60K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $60K
0%
People & payroll
Highest Reported Total Compensation
Individual John Lind · Reported title Artistic Director and Board Sec · Highest reported compensation $45K · Total expenses $210K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $89K · Total expenses $210K
42%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%——
Overhead ratio 4%——
Fundraising cost ratio 0%——
Revenue growth 29%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$46K
Grants paid · 3 grants · $49K · 2022–2024
Unitemized GrantFY2024$23,202
Unitemized GrantFY2023$12,127
Unitemized GrantFY2022$13,425

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$204K revenue · ⤓ 990 PDF
FY2023$215K revenue · viewing · ⤓ 990 PDF
FY2022$167K revenue · ⤓ 990 PDF
FY2021$185K revenue · ⤓ 990 PDF
FY2020$65K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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