Accuracy in Media INC

Tax-deductible

Washington, DC501(c)(3)Arts & CultureEIN 23-7135837Revenue $3.2M in FY2024

On file with the IRSaim.org1717 K St Nw Ste 900, 20006-5349 · Washington, DCTax-exempt since Oct 1971Publicly supported charity — 170(b)(1)(A)(vi)

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Accuracy in Media, INC. Was founded in 1969 to monitor the Accuracy of news reporting activities by the Media, promote Accuracy, fairness and balance in news reporting.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$200K 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

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $213K a year · 10% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$200K
to officers and key staff · 6% of spending
Top officer’s pay higher than 84% of similar orgs
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $40K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$119K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.2M
+138% vs prior year
Spent
$3.2M
To programs
77%
Net assets
$1.2M
By yearFY2021–FY2024
Revenue
$3.2M
FY2024▲ +138%
Tap a bar for its year
Revenue by fiscal year
FY2021$2.1M
FY2022$980K
FY2023$1.9M
FY2023$1.3M
FY2024$3.2M
Expenses
$3.2M
FY2024▲ +93%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.4M
FY2022$1.3M
FY2023$1.5M
FY2023$1.6M
FY2024$3.2M
Net assets
$1.2M
FY2024▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.3M
FY2022$911K
FY2023$1.3M
FY2023$1.1M
FY2024$1.2M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1971.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $2.4M Management & general 10% · $307K Fundraising 14% · $428K

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

8 people listed on the 990; $200K paid to officers and key staff.

Part VII, Section A · reportable compensation
$200,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chairman of
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Adam Guillette’s $200K as President is at the 84th percentile of top reported officer pay among 3924 $1–10M 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 · 1 named individual · Part VII

NameFY2024FY2023FY2023FY2022FY2021
Adam Guillette$200,000$133,333$200,000$200,000$185,566

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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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 15aYes

Programs and updates

Monitors news reporting for accuracy, fairness, and balance.

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3 programs · $2.4M · in their own filed words · FY2024
01

The accuracy in media report has continued to publicize and expose specific examples of media misreporting, including instances where the media have completely ignored important stories or reported them in such biased terms that media consumers received a skewed impression of the issue that bears little resemblance to the facts.

$911Kprogram expense
02

In accuracy in media's "action alert" section, articles help give the readers the opportunity to take action. This activism program increases awareness and directs individuals on how to petition or protest the inaccuracies found in the media.

$883Kprogram expense
03

Investigating journalism and publishing news columns that expose misrepresentation of facts also support the organization's primary mission.

$629Kprogram 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 · FY2025
Total grants receivedfrom 3 funders$40K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Gifts and grantsLn 1h$3.2M
Investment incomeLn 3$11K
Money outPt IX
$3.2M
Ln 25
Programscol B$2.4M
Managementcol C$307K
Fundraisingcol D$428K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$477K
Total assetsLn 16$1.3M
LiabilitiesLn 26$119K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.2M
Investment incomeLn 3$11K
Gains on assetsLn 7−$7K
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$431K
SavingsLn 2$45K
Cash and savings togetherLn 1–2$477K
InvestmentsLn 11–13$847K
Total assetsLn 16$1.3M
LiabilitiesLn 26$119K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 55
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$598K$477K
InvestmentsLn 11–13$570K$847K
Total assetsLn 16$1.2M$1.3M
LiabilitiesLn 26$92K$119K
Net assetsLn 32$1.1M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$200K$200K
Other salaries and wagesLn 7$478K$350K$31K$97K
Other employee benefitsLn 9$115K$93K$4K$18K
Payroll taxesLn 10$49K$40K$3K$6K
Legal feesLn 11b$177K$177K
Accounting feesLn 11c$27K$27K
Investment management feesLn 11f$8K$8K
Other fees for servicesLn 11g$1.1M$1.1M$10K$7K
Advertising and promotionLn 12$223K$178K$45K
Office expensesLn 13$28K$28K
Information technologyLn 14$12K$12K
TravelLn 17$220K$187K$33K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$479K$33K$223K$223K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$3.2M$2.4M$307K$428K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.2M$3.2M$31K$1.2M 990 PDF
FY2023 $1.9M$1.5M$421K$1.3M 990 PDF
FY2022 $980K$1.3M−$323K$911K 990 PDF
FY2021 $2.1M$1.4M$723K$1.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $3,188,569 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,326,172$3,177,086
I-9 Program service revenue$0
I-10 Investment incomePrior year $15,836$11,483
I-11 Other revenue$0
I-12 Total revenuePrior year $1,342,008$3,188,569
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $453,526$841,751
I-16a Professional fundraising feesPrior year $7,583$0
I-17 Other expensesPrior year $1,171,127$2,315,603
I-18 Total expensesPrior year $1,632,236$3,157,354
I-19 Revenue less expensesPrior year −$290,228$31,215
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,188,569 across 5 lines filed
VIII-1f All other contributions, gifts and grants$3,177,086
VIII-1h Total contributions, gifts and grants$3,177,086
VIII-3 Investment incomeRelated to mission $18,634$18,634
VIII-7 Net gain or loss on sales of assetsRelated to mission −$7,151−$7,151
VIII-12 Total revenueRelated to mission $11,483$3,188,569
Part IX · Statement of functional expenses $3,157,354 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $200,000$200,000
IX-7 Other salaries and wagesPrograms $349,690 · Management $31,062 · Fundraising $97,407$478,159
IX-9 Other employee benefitsPrograms $92,879 · Management $4,060 · Fundraising $17,612$114,551
IX-10 Payroll taxesPrograms $39,723 · Management $3,433 · Fundraising $5,885$49,041
IX-11b Legal feesPrograms $176,878$176,878
IX-11c Accounting feesManagement $26,591$26,591
IX-11f Investment management feesManagement $8,467$8,467
IX-11g Other fees for servicesPrograms $1,110,577 · Management $9,598 · Fundraising $6,613$1,126,788
IX-12 Advertising and promotionPrograms $178,168 · Fundraising $44,542$222,710
IX-13 Office expensesPrograms $28,119$28,119
IX-14 Information technologyPrograms $11,599$11,599
IX-17 TravelPrograms $187,234 · Fundraising $33,041$220,275
IX-23 InsurancePrograms $11,760$11,760
IX-24 Other expenses (24a–d)Programs $33,052 · Management $223,468 · Fundraising $222,919$479,439
IX-24e All other expensesPrograms $2,977$2,977
IX-25 Total functional expensesPrograms $2,422,656 · Management $306,679 · Fundraising $428,019$3,157,354
Part X · Balance sheet $1,323,117 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $576,398$431,487
X-2 Savings and temporary cash investmentsStart of year $21,159$45,117
X-11 Publicly traded securitiesStart of year $570,215$846,513
X-16 Total assetsStart of year $1,167,772$1,323,117
X-17 Accounts payable and accrued expensesStart of year $91,605$118,790
X-26 Total liabilitiesStart of year $91,605$118,790
X-27 Net assets without donor restrictionsStart of year $1,076,167$1,204,327
X-32 Total net assets or fund balancesStart of year $1,076,167$1,204,327
X-33 Total liabilities and net assetsStart of year $1,167,772$1,323,117
Part XI · Reconciliation of net assets $1,204,327 net assets at year end
XI-1 Total revenue$3,188,569
XI-2 Total expenses$3,157,354
XI-3 Revenue less expenses$31,215
XI-4 Net assets at start of year$1,076,167
XI-5 Net unrealized gains (losses) on investments$96,945
XI-10 Net assets at end of year$1,204,327

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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