Media Matters Action Network FY2020 filing

Washington, DCUnknown exempt organization EIN 77-0646754Revenue $616K in FY2020

On file with the IRSmediamattersaction.orgPo Box 44811 · Washington, DC

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

See part III, line 1.

42¢ of each $1 spent went to programs.
$40K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
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
4 of 5
filings with a surplus
Average surplus $85K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
42%
of spending
Concern: 42% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$40K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
56 mo
of spending, in cash
Looks good: 55.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.8M
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$88K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$616K
Spent
$207K
To programs
42%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$616K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$616K
FY2021$1.0M
FY2022$1.3M
FY2023$916K
FY2024$3.9M
Expenses
$207K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$207K
FY2021$318K
FY2022$616K
FY2023$838K
FY2024$5.3M
Net assets
$1.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$2.0M
FY2022$2.6M
FY2023$2.7M
FY2024$1.3M

From the FY2020 Form 990 · see the original

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

Where the money goes

42 cents of each dollar spent went to programs.

Program services 42% · $86K Management & general 15% · $32K Fundraising 43% · $89K

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

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990; $40K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chairman
$14,740Pt VII · Sec A
$14,600Pt VII · Sec A
$11,050Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Angelo Carusone$33,325$34,400$21,500$24,000$14,600
Cynthia Padera$26,679$28,600———
Julie Millican$19,938$22,500———
David Brock——$13,621$15,500$14,740
Pilar Martinez$12,766$11,000$11,750$13,207$11,050

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 Media Matters Action Network executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Media Matters Action Network is a nonprofit organization based in Washington, DC.

Questions for Media Matters Action Network

Tap to ask. Media Matters Action Network sees how many people are interested.

Your first name shows with your question. Media Matters Action Network answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $86K · in their own filed words · FY2020
01

Media matters action network serves as the center of activism efforts to monitor, analyze and correct conservative misinformation in the media.

$86Kprogram 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
Total grants receivedfrom 2 funders$1.8M
Grants paid · 3 grants · $4.3M · 2024–2024
America Votes Action FundFY2024$2,250,000
Democracy Matters FoundationDC · FY2024$1,250,000
Media Matters for AmericaDC · FY2024$850,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$616K
Ln 12
Gifts and grantsLn 1h$601K
Investment incomeLn 3$15K
Money outPt IX
$207K
Ln 25
Programscol B$86K
Managementcol C$32K
Fundraisingcol D$89K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$960K
Total assetsLn 16$1.4M
LiabilitiesLn 26$88K
PeoplePt VI, VII
5
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$601K
Investment incomeLn 3$15K
Gains on assetsLn 7$4K
Total revenueLn 12$616K
Assets in detailPt X, end of year
CashLn 1$902K
SavingsLn 2$58K
Cash and savings togetherLn 1–2$960K
InvestmentsLn 11–13$396K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$30K
Total assetsLn 16$1.4M
LiabilitiesLn 26$88K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
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 FY20End FY20
Cash and savingsLn 1–2$456K$960K
InvestmentsLn 11–13$421K$396K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$928K$1.4M
LiabilitiesLn 26$43K$88K
Net assetsLn 32$884K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$43K$28K$15K
Other salaries and wagesLn 7$5K$767$4K
Pension plan contributionsLn 8$154$22$132
Other employee benefitsLn 9$927$43$884
Payroll taxesLn 10$2K$1K$1K
Legal feesLn 11b$424$254$170
Accounting feesLn 11c$10K$6K$4K
Professional fundraising feesLn 11e$88K$88K
Investment management feesLn 11f$3K$3K
Office expensesLn 13$713$713
Information technologyLn 14$33K$30K$2K
Conferences, conventions and meetingsLn 19$19K$19K
Other expenses (24a–d)Ln 24$1K$2$1K
Total functional expensesLn 25$207K$86K$32K$89K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.9M$5.3M−$1.4M$1.3M 990 PDF
FY2023 $916K$838K$78K$2.7M 990 PDF
FY2022 $1.3M$616K$650K$2.6M 990 PDF
FY2021 $1.0M$318K$704K$2.0M 990 PDF
FY2020 Viewing $616K$207K$409K$1.3M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $615,954 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $600,022$600,713
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $12,436$15,241
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $612,458$615,954
I-13 Grants and similar amounts paidPrior year $250,000$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $49,251$51,441
I-16a Professional fundraising feesPrior year $51,201$87,500
I-17 Other expensesPrior year $166,959$67,604
I-18 Total expensesPrior year $517,411$206,545
I-19 Revenue less expensesPrior year $95,047$409,409
Part VI · Governance 2 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $615,954 across 5 lines filed
VIII-1f All other contributions, gifts and grants$600,713
VIII-1h Total contributions, gifts and grants$600,713
VIII-3 Investment incomeExcluded from tax $11,173$11,173
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,068$4,068
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $15,241$615,954
Part IX · Statement of functional expenses $206,545 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $28,006 · Management $14,911$42,917
IX-7 Other salaries and wagesPrograms $767 · Management $4,400$5,167
IX-8 Pension plan contributionsPrograms $22 · Management $132$154
IX-9 Other employee benefitsPrograms $43 · Management $884$927
IX-10 Payroll taxesPrograms $1,222 · Management $1,054$2,276
IX-11b Legal feesPrograms $254 · Management $170$424
IX-11c Accounting feesPrograms $6,105 · Management $4,071$10,176
IX-11e Professional fundraising feesFundraising $87,500$87,500
IX-11f Investment management feesManagement $3,279$3,279
IX-13 Office expensesManagement $713$713
IX-14 Information technologyPrograms $30,433 · Management $2,122$32,555
IX-19 Conferences, conventions and meetingsPrograms $19,000$19,000
IX-24 Other expenses (24a–d)Management $2 · Fundraising $1,455$1,457
IX-25 Total functional expensesPrograms $85,852 · Management $31,738 · Fundraising $88,955$206,545
Part X · Balance sheet $1,385,887 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $440,428$901,848
X-2 Savings and temporary cash investmentsStart of year $15,201$58,182
X-4 Accounts receivableStart of year $50,048$33
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $421,308$395,554
X-15 Other assetsStart of year $766$30,270
X-16 Total assetsStart of year $927,751$1,385,887
X-17 Accounts payable and accrued expensesStart of year $19,567$87,500
X-25 Other liabilitiesStart of year $23,845$0
X-26 Total liabilitiesStart of year $43,412$87,500
X-27 Net assets without donor restrictionsStart of year $884,339$1,273,387
X-28 Net assets with donor restrictions$25,000
X-32 Total net assets or fund balancesStart of year $884,339$1,298,387
X-33 Total liabilities and net assetsStart of year $927,751$1,385,887
Part XI · Reconciliation of net assets $1,298,387 net assets at year end
XI-1 Total revenue$615,954
XI-2 Total expenses$206,545
XI-3 Revenue less expenses$409,409
XI-4 Net assets at start of year$884,339
XI-5 Net unrealized gains (losses) on investments$4,639
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,298,387

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.