Beacon Media EIN 93-3138185 Form 990 (PDF) Claim this org

Beacon Media

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Promotes public education by partnering with media to share equitable democracy ideas across North Carolina. For fiscal year 2024 it reported $218K in revenue, $144K in expenses, and $125K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Chapel Hill, NC
Website
www.beaconmedianc.org
Filings
2 on file (2023–2024)
Revenue
$218KFY2024
Expenses
$144K
Net assets
$125K
People
9
Filings
2
Updates
0
More identity details & actions ⌄
EIN  93-3138185 Public charity (501(c)(3)) Chapel Hill, NC
Form 990 (PDF)
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Size
$100K–1M
What they do
Promotes public education by partnering with media to share equitable democracy ideas across North Carolina.
Leadership
Money in and out
$218K revenue, $144K expenses
Bottom line
80% program efficiency
Where the money goes · FY2024
Total revenue
$218K
Pt VIII · Ln 12
Total expenses
$144K
Pt IX · Ln 25
Net assets
$125K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $74K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.06 Fundraising $0.14
Program efficiency
80%
of spending reaches programs
Operating runway
10.4mo
months of highly liquid reserves at operating expense rate▼ -87% vs prior filing year
Surplus margin
+34%
revenue over expenses, this year▼ -61% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$218K
FY2024▲ +270%
Total revenue
$218K
Pt VIII · Ln 12
Total expenses
$144K
Pt IX · Ln 25
Net assets
$125K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$74K
Total assetsPt X · Ln 16$125K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $116K of program spending, described in the organization's own filed words · FY2024.
01

Over the past year, Beacon Media successfully syndicated columns for 39 weeks, expanding its reach and influence. We launched Spanish-language syndication through Enlace Latino NC and developed three Spanish-language radio prototype programs in collaboration with community organizations to better serve Latino audiences.

$58Kprogram expense
02

Beacon Media collaborated with 17 grassroots leaders on content around critical issues facing people in North Carolina, including working-class political representation, the impact of Hurricane Helene, and ongoing challenges under Medicaid expansion.

$35Kprogram expense
03

Beacon Media met its fundraising goals and launched its first individual donor program, laying the foundation for sustainable growth. The organization also formed its first strategic partnership with the N.C. League of Conservation Voters Foundation.

$23Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBeacon Media
EINHdr · item D93-3138185
Principal addressHdr · item CChapel Hill, NC
WebsiteHdr · item Jwww.beaconmedianc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A01)
Ruling yearIRS BMFJan 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$218K
Total revenueLn 12$218K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.06 Fundraising $0.14
Program services80%$116K
Management & general6%$9K
Fundraising14%$20K
Total functional expensesLn 25$144K

Balance Sheet

Part X · end of year
CashLn 1$125K
Total assetsLn 16$125K
Total liabilitiesLn 26$0
Total net assetsLn 32$125K
Months of cash on handcomputed10.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $125K · Operating expenses/yr $144K
10.4 months
Where the money goes
Program services
Program services $116K · Total expenses $144K
80%
Management & General
Management & general $9K · Total expenses $144K
6%
Fundraising
Fundraising $20K · Total expenses $144K
14%
Cost to raise $1
Fundraising expense $20K · Solicited contributions $218K
$0.09 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $218K · Total revenue $218K
100%
Government reliance
Government grants $0 · Total revenue $218K
0%
Earned-income share
Program service revenue $0 · Total revenue $218K
0%
Investment reliance
Investment income $0 · Total revenue $218K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $144K
0%
Growth & trend
Revenue growth (YoY)
This year $218K · Prior year $59K
+270%
Net-asset trend (YoY)
End of year $125K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $218K · Expenses $144K
+34%
Liabilities-to-Assets
Total liabilities — · Total assets $125K
Net-asset ratio
Net assets $125K · Total assets $125K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $125K
0%
People & payroll
Highest Reported Total Compensation
Individual Brandy Bynum Dawson · Reported title Chair · Highest reported compensation $0 · Total expenses $144K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $89K · Total expenses $144K
62%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 6%
Fundraising cost ratio 9%
Revenue growth 270%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.6%
Fundraising fee ratio 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Way to RiseFY2024$100K
Total grants receivedfrom 3 funders$160K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$218K revenue · viewing · ⤓ 990 PDF
FY2023$59K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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