Open Source Media INC FY2020 filing

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The organization's primary mission is to promote awareness and discussion of public affairs and issues of civic, scientific and cultural interest with emphasis on the role of boston in global affairs.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-2233057) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$179K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $2K a year · 0.7% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
85% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$179K
to officers and key staff · 54% of spending
Pay to officers and key staff is 54% of spending.
Part VII, Section A
4.0 mo
of spending, in cash
4.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$74K
68% of total assets
Liabilities are 68% of assets.
Pt X · Ln 26
Independent board members
3
of 5 voting members
3 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$343K
Spent
$331K
To programs
85%
Net assets
$35K
By yearFY2020–FY2024
Revenue
$343K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$343K
FY2021$421K
FY2022$350K
FY2023$163K
FY2024$197K
Expenses
$331K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$331K
FY2021$327K
FY2022$281K
FY2023$271K
FY2024$255K
Net assets
$35K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$35K
FY2021$129K
FY2022$198K
FY2023$90K
FY2024$32K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $282K Management & general 10% · $33K Fundraising 5% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $179K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Treasurer & Director
$104,000Pt VII · Sec A
President & Director
$75,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Mary C McGrath’s $125K as Treasurer & Director is at the 96th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Mary C McGrath$125,385$130,000$111,500$104,000$104,000
Christopher Lydon$73,462$75,000$75,000$75,000$75,000

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.

See Open Source Media INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes awareness and discussion of public affairs, civic, scientific, and cultural issues, focusing on Boston's global role.

Questions for Open Source Media INC

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1 program · $282K · in their own filed words · FY2020
01

The organization hosts a weekly broadcast and an online internet community entitled "Open Source", focusing on public affairs and issues of civic, scientific and cultural interest with emphasis on the role of boston in global affairs, and consisting of interviews and conversations between the host and various guests and callers on a…

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-2233057) · Dispute this line
$282Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$22K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$343K
Ln 12
Fees for servicesLn 2g$173K
Gifts and grantsLn 1h$170K
Investment incomeLn 3$10
Money outPt IX
$331K
Ln 25
Programscol B$282K
Managementcol C$33K
Fundraisingcol D$15K
Owns and owesPt X
$35K
net assets · Ln 32
Cash and savingsLn 1–2$109K
Total assetsLn 16$109K
LiabilitiesLn 26$74K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$170K
Fees for servicesLn 2g$173K
Investment incomeLn 3$10
Total revenueLn 12$343K
Assets in detailPt X, end of year
CashLn 1$92K
SavingsLn 2$18K
Cash and savings togetherLn 1–2$109K
Total assetsLn 16$109K
LiabilitiesLn 26$74K
Net assetsLn 32$35K
OperationsPt I, VI
EmployeesI 55
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$69K$109K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$72K$109K
LiabilitiesLn 26$49K$74K
Net assetsLn 32$22K$35K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$185K$152K$22K$12K
Other salaries and wagesLn 7$94K$94K
Other employee benefitsLn 9$3K$3K
Payroll taxesLn 10$22K$20K$2K$928
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$8K$4K$3K
Advertising and promotionLn 12$30$30
Office expensesLn 13$400$400
OccupancyLn 16$180$180
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$2K$2K
InsuranceLn 23$381$381
Other expenses (24a–d)Ln 24$7K$4K$358$3K
All other expensesLn 24e$431$215$216
Total functional expensesLn 25$331K$282K$33K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 11, 2025 $197K$255K−$58K$32K 990 PDF
FY2023Filed with the IRS Oct 31, 2024 $163K$271K−$108K$90K 990 PDF
FY2022Filed with the IRS Dec 8, 2023 $350K$281K$69K$198K 990 PDF
FY2021Filed with the IRS Dec 13, 2022 $421K$327K$94K$129K 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $343K$331K$13K$35K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $343,275 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $143,902$169,977
I-9 Program service revenuePrior year $182,288$173,288
I-10 Investment incomePrior year $10$10
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $326,200$343,275
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $280,875$305,356
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $50,275$25,278
I-18 Total expensesPrior year $331,150$330,634
I-19 Revenue less expensesPrior year −$4,950$12,641
Part VI · Governance 3 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $343,275 across 5 lines filed
VIII-1f All other contributions, gifts and grants$169,977
VIII-1h Total contributions, gifts and grants$169,977
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $173,288$173,288
VIII-3 Investment incomeExcluded from tax $10$10
VIII-12 Total revenueRelated to mission $173,288 · Unrelated business $0 · Excluded from tax $10$343,275
Part IX · Statement of functional expenses $330,634 across 14 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $152,037 · Management $21,520 · Fundraising $11,639$185,196
IX-7 Other salaries and wagesPrograms $94,407$94,407
IX-9 Other employee benefitsPrograms $3,286$3,286
IX-10 Payroll taxesPrograms $19,842 · Management $1,697 · Fundraising $928$22,467
IX-11c Accounting feesManagement $5,676$5,676
IX-11g Other fees for servicesPrograms $4,315 · Management $3,279$7,594
IX-12 Advertising and promotionPrograms $30$30
IX-13 Office expensesManagement $400$400
IX-16 OccupancyPrograms $180$180
IX-17 TravelPrograms $1,502$1,502
IX-19 Conferences, conventions and meetingsPrograms $1,686$1,686
IX-23 InsurancePrograms $381$381
IX-24 Other expenses (24a–d)Programs $4,314 · Management $358 · Fundraising $2,726$7,398
IX-24e All other expensesPrograms $215 · Management $216$431
IX-25 Total functional expensesPrograms $282,195 · Management $33,146 · Fundraising $15,293$330,634
Part X · Balance sheet $109,427 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $28,474$91,794
X-2 Savings and temporary cash investmentsStart of year $40,039$17,633
X-4 Accounts receivableStart of year $3,200$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $71,713$109,427
X-17 Accounts payable and accrued expensesStart of year $6,677$20,972
X-19 Deferred revenueStart of year $42,722$0
X-24 Unsecured notes and loans payable$53,500
X-26 Total liabilitiesStart of year $49,399$74,472
X-27 Net assets without donor restrictionsStart of year $22,314$34,955
X-32 Total net assets or fund balancesStart of year $22,314$34,955
X-33 Total liabilities and net assetsStart of year $71,713$109,427
Part XI · Reconciliation of net assets $34,955 net assets at year end
XI-1 Total revenue$343,275
XI-2 Total expenses$330,634
XI-3 Revenue less expenses$12,641
XI-4 Net assets at start of year$22,314
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$34,955

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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