Media Line Ltd FY2023 filing

Tax-deductible

New York, NY501(c)(3)Arts & CultureEIN 52-2276084Revenue $1.7M in FY2023

On file with the IRSthemedialine.org1325 Ave of Th Amer Floor 27, 10019-6050 · New York, NYTax-exempt since Sep 2017Publicly supported charity — 170(b)(1)(A)(vi)

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The Media Line Ltd. Provides educational and informational services with the objective of augmenting the understanding of international relations, its influence and effect; enhancing journalism, its quality and attributes; while developing practitioners of the future.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$235K 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

FY2023 · 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
5 of 6
filings with a surplus
Average surplus $79K a year · 5% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$235K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $949K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
-14% vs prior year
Spent
$1.7M
To programs
88%
Net assets
$122K
By yearFY2019–FY2024
Revenue
$1.7M
FY2023▼ -14%
Tap a bar for its year
Revenue by fiscal year
FY2019$1.8M
FY2020$1.4M
FY2021$1.8M
FY2022$2.0M
FY2023$1.7M
FY2024$1.9M
Expenses
$1.7M
FY2023▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2019$1.6M
FY2020$1.7M
FY2021$1.7M
FY2022$1.8M
FY2023$1.7M
FY2024$1.6M
Net assets
$122K
FY2023▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2019$203K
FY2020−$97K
FY2021−$4K
FY2022$104K
FY2023$122K
FY2024$460K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2016-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Sep 2017.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $1.5M Management & general 8% · $126K Fundraising 4% · $68K

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; $235K paid to officers and key staff.

Part VII, Section A · reportable compensation
$235,396Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Felice Friedson’s $156K as President is at the 69th 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

NameFY2024FY2023FY2022FY2021FY2020FY2019
Felice Friedson$155,889$235,396$244,859$261,835$273,492$348,106

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates on international relations and journalism, developing future practitioners.

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Provided by the organization

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1 program · $1.5M · in their own filed words · FY2023
01

1. Non-profit news agency providing complete coverage of the middle east. Working in print, radio, television and internet, the media line reports from the region, providing news and information through its own infrastructure and through the provision of stories to the public via newspapers, radio networks and television networks.

$1.5Mprogram 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 4 funders →
Grants paid · 1 grant · $21K · 2023–2023
Unitemized GrantFY2023$20,650

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Gifts and grantsLn 1h$1.7M
Money outPt IX
$1.7M
Ln 25
Programscol B$1.5M
Managementcol C$126K
Fundraisingcol D$68K
Owns and owesPt X
$122K
net assets · Ln 32
Cash and savingsLn 1–2$122K
Total assetsLn 16$122K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7M
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$122K
Cash and savings togetherLn 1–2$122K
Total assetsLn 16$122K
LiabilitiesLn 26$0
Net assetsLn 32$122K
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
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 FY23End FY23
Cash and savingsLn 1–2$104K$122K
Total assetsLn 16$104K$122K
LiabilitiesLn 26$0$0
Net assetsLn 32$104K$122K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$21K$21K
Pay of current officers, directors and key staffLn 5$235K$141K$59K$35K
Payroll taxesLn 10$11K$7K$3K$2K
Legal feesLn 11b$1K$1K
Professional fundraising feesLn 11e$2K$2K
TravelLn 17$76K$38K$19K$19K
Other expenses (24a–d)Ln 24$1.3M$1.3M$22K$10K
All other expensesLn 24e$22K$22K
Total functional expensesLn 25$1.7M$1.5M$126K$68K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.9M$1.6M$338K$460K 990 PDF
FY2023 Viewing $1.7M$1.7M$17K$122K 990 PDF
FY2022 $2.0M$1.8M$109K$104K 990 PDF
FY2021 $1.8M$1.7M$93K−$4K 990 PDF
FY2020 $1.4M$1.7M−$301K−$97K 990 PDF
FY2019 $1.8M$1.6M$219K$203K 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 FY2023 990 (6 parts)
Part I · Summary $1,687,585 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,955,121$1,687,585
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,955,121$1,687,585
I-13 Grants and similar amounts paidPrior year $0$20,650
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $255,794$246,331
I-16a Professional fundraising feesPrior year $0$2,405
I-17 Other expensesPrior year $1,590,598$1,400,817
I-18 Total expensesPrior year $1,846,392$1,670,203
I-19 Revenue less expensesPrior year $108,729$17,382
Part VI · Governance 3 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
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 $1,687,585 across 3 lines filed
VIII-1f All other contributions, gifts and grants$1,687,585
VIII-1h Total contributions, gifts and grants$1,687,585
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$1,687,585
Part IX · Statement of functional expenses $1,670,203 across 8 lines filed
IX-2 Grants to domestic individualsPrograms $20,650$20,650
IX-5 Pay of current officers, directors and key staffPrograms $141,238 · Management $58,849 · Fundraising $35,309$235,396
IX-10 Payroll taxesPrograms $6,561 · Management $2,734 · Fundraising $1,640$10,935
IX-11b Legal feesManagement $1,121$1,121
IX-11e Professional fundraising feesFundraising $2,405$2,405
IX-17 TravelPrograms $38,150 · Management $19,075 · Fundraising $19,075$76,300
IX-24 Other expenses (24a–d)Programs $1,269,578 · Management $21,735 · Fundraising $10,043$1,301,356
IX-24e All other expensesManagement $22,040$22,040
IX-25 Total functional expensesPrograms $1,476,177 · Management $125,554 · Fundraising $68,472$1,670,203
Part X · Balance sheet $121,803 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $104,421$121,803
X-16 Total assetsStart of year $104,421$121,803
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $104,421$121,803
X-33 Total liabilities and net assetsStart of year $104,421$121,803
Part XI · Reconciliation of net assets $121,803 net assets at year end
XI-1 Total revenue$1,687,585
XI-2 Total expenses$1,670,203
XI-3 Revenue less expenses$17,382
XI-4 Net assets at start of year$104,421
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$121,803

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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