Public Media Network FY2021 filing

Tax-deductible

Kalamazoo, MI501(c)(3)Since 1983Arts & CultureEIN 38-2564383Revenue $1.9M in FY2021

On file with the IRSpublicmedianet.org359 S Kalamazoo Mall Ste 300, 49007-4845 · Kalamazoo, MITax-exempt since Mar 1986Publicly supported charity — 170(b)(1)(A)(vi)

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The mission of Public Media Network is to empower people through Media to amplify creative expression, community dialogue, and cultural understanding.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$80K 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

FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $10K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$80K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
25 mo
of spending, in cash
Looks good: 24.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $345K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$135K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
+112% vs prior year
Spent
$955K
To programs
74%
Net assets
$3.3M
By yearFY2020–FY2025
Revenue
$1.9M
FY2021▲ +112%
Tap a bar for its year
Revenue by fiscal year
FY2020$890K
FY2021$1.9M
FY2022$1.1M
FY2023$1.2M
FY2024$1.2M
FY2025$1.1M
Expenses
$955K
FY2021▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$1000K
FY2021$955K
FY2022$1.2M
FY2023$1.5M
FY2024$1.5M
FY2025$1.4M
Net assets
$3.3M
FY2021▲ +39%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$3.3M
FY2022$3.2M
FY2023$3.0M
FY2024$2.7M
FY2025$2.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1986.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $706K Management & general 14% · $129K Fundraising 13% · $120K

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

18 people listed on the 990; $80K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Di
$80,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Matt Schuster’s $94K as Executive Di is at the 28th 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Matt Schuster$93,683$90,379$86,201$74,437$80,000$76,539

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

Empowers people through media to share creative expression and foster community dialogue.

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Provided by the organization

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1 program · $706K · in their own filed words · FY2020
01

The services provided by the PMN include, but are not limited to the following: media production training, equipment loan, and programming distribution. Media production training services are provided in vocational education. Also people are taught basic media production skills to be effective in sharing their voice through media.

$706Kprogram 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
See all 8 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$555K
Other incomeLn 4–11$100K
Money outPt IX
$955K
Ln 25
Programscol B$706K
Managementcol C$129K
Fundraisingcol D$120K
Owns and owesPt X
$3.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$3.4M
LiabilitiesLn 26$135K
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Government grantsLn 1e$708K
Fees for servicesLn 2g$555K
Investment incomeLn 3$8K
Other incomeLn 4–11$100K
Gains on assetsLn 7−$2K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$1.6M
SavingsLn 2$404K
Cash and savings togetherLn 1–2$2.0M
Land, buildings, equipmentLn 10c$595K
Total assetsLn 16$3.4M
LiabilitiesLn 26$135K
Net assetsLn 32$3.3M
OperationsPt I, VI
EmployeesI 516
VolunteersI 6100
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.5M$2.0M
Land, buildings, equipmentLn 10c$731K$595K
Total assetsLn 16$2.5M$3.4M
LiabilitiesLn 26$146K$135K
Net assetsLn 32$2.4M$3.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$80K$72K$8K
Other salaries and wagesLn 7$291K$210K$29K$52K
Other employee benefitsLn 9$38K$29K$4K$5K
Payroll taxesLn 10$30K$23K$3K$4K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$40K$40K
Advertising and promotionLn 12$10K$8K$1K$1K
Office expensesLn 13$8K$6K$781$1K
OccupancyLn 16$82K$62K$8K$11K
TravelLn 17$8K$8K
Conferences, conventions and meetingsLn 19$7K$5K$681$953
Depreciation, depletion and amortizationLn 22$198K$150K$20K$28K
InsuranceLn 23$29K$22K$3K$4K
Other expenses (24a–d)Ln 24$125K$106K$8K$11K
All other expensesLn 24e$6K$5K$465$652
Total functional expensesLn 25$955K$706K$129K$120K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.4M−$288K$2.5M 990 PDF
FY2024 $1.2M$1.5M−$282K$2.7M 990 PDF
FY2023 $1.2M$1.5M−$237K$3.0M 990 PDF
FY2022 $1.1M$1.2M−$71K$3.2M 990 PDF
FY2021 Viewing $1.9M$955K$929K$3.3M 990 PDF
FY2020 $890K$1000K−$110K$2.4M 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 FY2021 990 (6 parts)
Part I · Summary $1,883,442 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $725,559$1,221,153
I-9 Program service revenuePrior year $143,815$554,746
I-10 Investment incomePrior year $12,389$7,543
I-11 Other revenuePrior year $7,929$100,000
I-12 Total revenuePrior year $889,692$1,883,442
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $530,417$439,568
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $469,519$515,331
I-18 Total expensesPrior year $999,936$954,899
I-19 Revenue less expensesPrior year −$110,244$928,543
Part VI · Governance 15 of 15 board members independent, 2 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,883,442 across 8 lines filed
VIII-1e Government grants$708,148
VIII-1f All other contributions, gifts and grants$513,005
VIII-1h Total contributions, gifts and grants$1,221,153
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $554,746$554,746
VIII-3 Investment incomeExcluded from tax $9,142$9,142
VIII-7 Net gain or loss on sales of assetsRelated to mission −$1,599−$1,599
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $100,000$100,000
VIII-12 Total revenueRelated to mission $553,147 · Excluded from tax $109,142$1,883,442
Part IX · Statement of functional expenses $954,899 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $72,000 · Management $8,000$80,000
IX-7 Other salaries and wagesPrograms $209,935 · Management $29,097 · Fundraising $51,935$290,967
IX-9 Other employee benefitsPrograms $29,212 · Management $4,310 · Fundraising $4,846$38,368
IX-10 Payroll taxesPrograms $22,977 · Management $3,023 · Fundraising $4,233$30,233
IX-11b Legal feesManagement $3,395$3,395
IX-11c Accounting feesManagement $39,514$39,514
IX-12 Advertising and promotionPrograms $7,812 · Management $1,028 · Fundraising $1,439$10,279
IX-13 Office expensesPrograms $5,935 · Management $781 · Fundraising $1,093$7,809
IX-16 OccupancyPrograms $62,143 · Management $8,177 · Fundraising $11,447$81,767
IX-17 TravelPrograms $7,891$7,891
IX-19 Conferences, conventions and meetingsPrograms $5,174 · Management $681 · Fundraising $953$6,808
IX-22 Depreciation, depletion and amortizationPrograms $150,421 · Management $19,792 · Fundraising $27,709$197,922
IX-23 InsurancePrograms $21,706 · Management $2,856 · Fundraising $3,999$28,561
IX-24 Other expenses (24a–d)Programs $105,910 · Management $8,066 · Fundraising $11,292$125,268
IX-24e All other expensesPrograms $5,000 · Management $465 · Fundraising $652$6,117
IX-25 Total functional expensesPrograms $706,116 · Management $129,185 · Fundraising $119,598$954,899
Part X · Balance sheet $3,444,346 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,097,635$1,576,556
X-2 Savings and temporary cash investmentsStart of year $398,943$404,445
X-4 Accounts receivableStart of year $283,652$773,512
X-9 Prepaid expenses and deferred chargesStart of year $15,006$95,178
X-10c Land, buildings and equipment, netStart of year $731,398$594,655
X-16 Total assetsStart of year $2,526,634$3,444,346
X-17 Accounts payable and accrued expensesStart of year $45,235$47,734
X-19 Deferred revenueStart of year $568$87,238
X-26 Total liabilitiesStart of year $145,803$134,972
X-27 Net assets without donor restrictionsStart of year $2,380,831$3,309,374
X-32 Total net assets or fund balancesStart of year $2,380,831$3,309,374
X-33 Total liabilities and net assetsStart of year $2,526,634$3,444,346
Part XI · Reconciliation of net assets $3,309,374 net assets at year end
XI-1 Total revenue$1,883,442
XI-2 Total expenses$954,899
XI-3 Revenue less expenses$928,543
XI-4 Net assets at start of year$2,380,831
XI-10 Net assets at end of year$3,309,374

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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