Chicago Media Project FY2022 filing

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To impact society through the powerful tools of Media and film. We are a resource for uniting individuals interested in Media and developing a core group of informed citizens.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$310K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · 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 5
filings with a surplus
Average deficit $34K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$310K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $511K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.0M
316% of total assets
Concern: liabilities are 316% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 12 voting members
Looks good: 11 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$704K
-24% vs prior year
Spent
$1.2M
To programs
69%
Net assets
−$689K
By yearFY2020–FY2024
Revenue
$704K
FY2022▼ -24%
Tap a bar for its year
Revenue by fiscal year
FY2020$714K
FY2021$927K
FY2022$704K
FY2023$1.6M
FY2024$865K
Expenses
$1.2M
FY2022▲ +46%
Tap a bar for its year
Expenses by fiscal year
FY2020$808K
FY2021$834K
FY2022$1.2M
FY2023$1.3M
FY2024$771K
Net assets
−$689K
FY2022▼ -633%
Tap a bar for its year
Net assets by fiscal year
FY2020−$209K
FY2021−$94K
FY2022−$689K
FY2023−$437K
FY2024−$349K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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 Sep 2014.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $842K Management & general 31% · $378K Fundraising 0% · $880

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

13 people listed on the 990; $310K paid to officers and key staff.

Part VII, Section A · reportable compensation
$206,194Pt VII · Sec A
Cos and Dir. of Mem. Relations
$103,499Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Paula Froehle’s $139K as CEO is at the 89th percentile of top reported officer pay among 1043 $100K–1M public & societal benefit 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Paula Froehle$138,914$177,650$206,194$222,910$133,298
Samantha C Verhey—$109,325———
Samantha Verhey——$103,499$96,968—
Steven Cohen$2,500$30,000———

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 Chicago Media Project executive salaries →

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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 society through media and film, uniting informed citizens.

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Provided by the organization

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3 programs · $842K · in their own filed words · FY2022
01

We provide exclusive high-quality content from the impact media landscape and in-depth, behind-the-scenes access to films, filmmakers and programmers to our members in a social setting.

$378Kprogram expense
02

Community Events

CMP curates the best nonfiction media and brings it to chicago and beyond - through our partners in advocacy screenings, our doc 10 film festival and our doc 5 film festival.

$248Kprogram expense
03

Film Funding

CMP'S impact grant fund provides direct support to filmmakers in three major areas: early stage funding, filmmaker sustainability, and innovation in outreach.

$217Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 13 funders →
Grants paid · 30 grants · $510K · 2020–2024
The Strike Svff FilmFY2024$30,000
The Strike Svff FilmFY2024$30,000
Individual RecipientFY2024$10,000
Individual RecipientFY2024$10,000
Treeclimber Media LLCFY2023$30,000
Women Make Movies INCNY · FY2023$25,000
Catapult Film FundCA · FY2023$10,000
One Story UpFY2022$62,000
Talos FilmsFY2022$50,000
Unitemized GrantFY2022$23,414
Mezcla Media Collective LtdIL · FY2022$20,073
Chicago Public Media INCIL · FY2022$12,500
Bvm Productions LLCFY2022$9,657
I Love You Chingos LLCFY2022$8,059
Green River FilmsFY2022$7,501
New Wave Productions LLCFY2022$7,423
See all 30 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$704K
Ln 12
Gifts and grantsLn 1h$652K
Investment incomeLn 3$40K
Fees for servicesLn 2g$12K
Money outPt IX
$1.2M
Ln 25
Programscol B$842K
Managementcol C$378K
Fundraisingcol D$880
Owns and owesPt X
−$689K
net assets · Ln 32
Cash and savingsLn 1–2$6K
Total assetsLn 16$318K
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
13
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$652K
Fees for servicesLn 2g$12K
Investment incomeLn 3$40K
Gains on assetsLn 7$33K
Total revenueLn 12$704K
Assets in detailPt X, end of year
CashLn 1$6K
Cash and savings togetherLn 1–2$6K
InvestmentsLn 11–13$39K
Land, buildings, equipmentLn 10c$5K
Other assetsLn 15$269K
Total assetsLn 16$318K
LiabilitiesLn 26$1.0M
Net assetsLn 32−$689K
OperationsPt I, VI
EmployeesI 56
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$128K$6K
InvestmentsLn 11–13$38K$39K
Land, buildings, equipmentLn 10c$0$5K
Total assetsLn 16$1.2M$318K
LiabilitiesLn 26$1.3M$1.0M
Net assetsLn 32−$94K−$689K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$211K$211K
Grants to domestic individualsLn 2$23K$23K
Pay of current officers, directors and key staffLn 5$328K$295K$33K
Other salaries and wagesLn 7$104K$10K$93K
Pension plan contributionsLn 8$2K$732$2K
Other employee benefitsLn 9$18K$2K$16K
Payroll taxesLn 10$32K$21K$10K
Management feesLn 11a$72K$37K$35K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$41K$41K
Professional fundraising feesLn 11e$880$880
Other fees for servicesLn 11g$67K$53K$14K
Advertising and promotionLn 12$45K$31K$14K
Office expensesLn 13$13K$13K
Information technologyLn 14$17K$17K
OccupancyLn 16$42K$28K$13K
TravelLn 17$107K$56K$51K
InterestLn 20$16K$16K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$66K$66K
All other expensesLn 24e$10K$10K$542
Total functional expensesLn 25$1.2M$842K$378K$880

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $865K$771K$94K−$349K 990 PDF
FY2023 $1.6M$1.3M$251K−$437K 990 PDF
FY2022 Viewing $704K$1.2M−$517K−$689K 990 PDF
FY2021 $927K$834K$94K−$94K 990 PDF
FY2020 $714K$808K−$94K−$209K 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 FY2022 990 (6 parts)
Part I · Summary $703,723 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $880,384$652,023
I-9 Program service revenuePrior year $244$11,949
I-10 Investment incomePrior year $8,332$39,751
I-11 Other revenuePrior year $38,538$0
I-12 Total revenuePrior year $927,498$703,723
I-13 Grants and similar amounts paidPrior year $50,410$233,982
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $476,560$483,378
I-16a Professional fundraising feesPrior year $1,299$880
I-17 Other expensesPrior year $305,303$502,794
I-18 Total expensesPrior year $833,572$1,221,034
I-19 Revenue less expensesPrior year $93,926−$517,311
Part VI · Governance 11 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $703,723 across 6 lines filed
VIII-1f All other contributions, gifts and grants$652,023
VIII-1h Total contributions, gifts and grants$652,023
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,949$11,949
VIII-3 Investment incomeExcluded from tax $6,676$6,676
VIII-7 Net gain or loss on sales of assetsExcluded from tax $33,075$33,075
VIII-12 Total revenueRelated to mission $11,949 · Unrelated business $0 · Excluded from tax $39,751$703,723
Part IX · Statement of functional expenses $1,221,034 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $210,568$210,568
IX-2 Grants to domestic individualsPrograms $23,414$23,414
IX-5 Pay of current officers, directors and key staffPrograms $294,503 · Management $33,323$327,826
IX-7 Other salaries and wagesPrograms $10,354 · Management $93,179$103,533
IX-8 Pension plan contributionsPrograms $732 · Management $1,670$2,402
IX-9 Other employee benefitsPrograms $1,621 · Management $16,365$17,986
IX-10 Payroll taxesPrograms $21,487 · Management $10,144$31,631
IX-11a Management feesPrograms $36,507 · Management $35,000$71,507
IX-11b Legal feesManagement $1,150$1,150
IX-11c Accounting feesManagement $41,450$41,450
IX-11e Professional fundraising feesFundraising $880$880
IX-11g Other fees for servicesPrograms $53,098 · Management $14,250$67,348
IX-12 Advertising and promotionPrograms $30,647 · Management $14,467$45,114
IX-13 Office expensesManagement $12,959$12,959
IX-14 Information technologyManagement $16,771$16,771
IX-16 OccupancyPrograms $28,402 · Management $13,366$41,768
IX-17 TravelPrograms $55,797 · Management $51,045$106,842
IX-20 InterestManagement $16,242$16,242
IX-22 Depreciation, depletion and amortizationManagement $1,071$1,071
IX-23 InsuranceManagement $4,884$4,884
IX-24 Other expenses (24a–d)Programs $65,517$65,517
IX-24e All other expensesPrograms $9,629 · Management $542$10,171
IX-25 Total functional expensesPrograms $842,276 · Management $377,878 · Fundraising $880$1,221,034
Part X · Balance sheet $318,376 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $127,775$5,945
X-10c Land, buildings and equipment, netStart of year $0$4,631
X-13 Program-related investmentsStart of year $37,594$38,774
X-15 Other assetsStart of year $0$269,026
X-16 Total assetsStart of year $1,188,994$318,376
X-17 Accounts payable and accrued expensesStart of year $47,107$62,741
X-25 Other liabilitiesStart of year $693,823$484,725
X-26 Total liabilitiesStart of year $1,282,935$1,007,166
X-27 Net assets without donor restrictionsStart of year −$443,941−$688,790
X-28 Net assets with donor restrictionsStart of year $350,000$0
X-32 Total net assets or fund balancesStart of year −$93,941−$688,790
X-33 Total liabilities and net assetsStart of year $1,188,994$318,376
Part XI · Reconciliation of net assets −$688,790 net assets at year end
XI-1 Total revenue$703,723
XI-2 Total expenses$1,221,034
XI-3 Revenue less expenses−$517,311
XI-4 Net assets at start of year−$93,941
XI-5 Net unrealized gains (losses) on investments−$77,538
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$688,790

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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