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New York · Nonprofit

FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC

FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC (New York) receives grants from 17 organizations whose IRS filings report $4,388,317 to it, the largest being THE WALTER KAITZ FOUNDATION ($2,528,795). 13 of them have funded it in more than one year.

Revenue FY2024
$1.6M
Funders on record
17
Grants received
$4.4M
Net assets
$3.4M
13/17 repeat funderspeak grant-dependency 37%
01What it does

What Foundation for Minority Interests in Media Inc does

Mission

The chief objective of the foundation for minority interests in media, inc is to conduct activities which are exclusively charitable and educational within the meaning of section 501(c)(3) of the internal revenue code, for the purpose of educating and mentoring individuals of color in the field of communications leading to employment opportunities in the communcations industry.

As stated on its FY2024 Form 990.

Programs

  1. The foundation for minority interests in media fellowship program includes a component for scholarships. All students actively participating in the program who demonstrate financial need are eligible for scholarship funds up to a maximum cap determined by the organization. Specific programs include the launch program and the annual conference. Launch prepares emma bowen seniors to enter the workforce through group and individual mentoring, interview prep, job search guidance, and more. The annual summer conference introduces students to all of ebf's partner companies, as well as connects partners to ebf's vibrant talent community, which includes interns at other ebf partner companies, alumni, and members of the all multicultural media professionals ("ammp") network.

    $1,524,615 spentof which $261,987 as grants
    88% of program spending

  2. The foundation also has programs geared towards established professionals in the indursty. The early career leadership ("ecl")coaching program equips young talent in the media, entertainment and technology industries with tools to manage their careers, navigate the world of business and develop the leadership skills that are necessary to achieve their goals.

    $95,247 spentof which $20,000 as grants
    5% of program spending

  3. To engage executives and leaders in the field, the organization has established ebf councils. These are discipline focused groups designed to give space for ebf advisory council members to engage more consistently with the ebf community and stay regularly informed of ebf activities. Ebf councils will provide executives and leaders in the field with an opportunity to share knowledge and best practices, provide feedback on the effectiveness of relevant ebf programs, strengthen connections to peers in the ebf community, and help ebf build meaningful programming for students and alumni.

    $116,451 spent
    7% of program spending

  4. Other program services.

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,736,313.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.7M) Expenses 100 ($2.5M) Net assets 100 ($3.2M)2018 Revenue 89 ($2.4M) Expenses 85 ($2.1M) Net assets 102 ($3.2M)2019 Revenue 76 ($2.1M) Expenses 83 ($2.1M) Net assets 108 ($3.4M)2020 Revenue 55 ($1.5M) Expenses 61 ($1.5M) Net assets 110 ($3.5M)2021 Revenue 79 ($2.2M) Expenses 67 ($1.7M) Net assets 130 ($4.1M)2022 Revenue 75 ($2.1M) Expenses 86 ($2.2M) Net assets 112 ($3.6M)2023 Revenue 73 ($2.0M) Expenses 84 ($2.1M) Net assets 116 ($3.7M)2024 Revenue 57 ($1.6M) Expenses 80 ($2.0M) Net assets 108 ($3.4M)
'17'18'19'20'21'22'23'24
Revenue (57)Expenses (80)Net assets (108)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $4.2M to $3.7M (−13%).

$3.2M
$3.3M
$3.5M
$3.7M
$4.2M
$3.7M
$3.7M
$3.4M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 6%. Grants only. Government contracts and fees sit inside program revenue.

97% of FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$221k
’17
$296k
’18
$2k
’19
−$38k
’20
$470k
’21
−$127k
’22
−$109k
’23
−$440k
’24
4.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Nikki Bethel

CEO

Board chair

Katherine Barnett

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed56777777
Joined·+1+3+2+0+0+1+1
No longer listed·0220011
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 12 funders, grant income rose $593k → $733k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
'26*
total
funders
7
8
8
10
7
8
12
8
4
1

6 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC leans on a few funders — its largest provides 58% of grant income and the top three 71%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

77% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC.

58%
largest funder
71%
top three
~3
effective funders

Largest funder’s share by year: 2017 70% · 2018 48% · 2019 62% · 2020 69% · 2021 62% · 2022 70% · 2023 40% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC's funders are still giving 3 years after their first grant; 76% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC draws 100% of its grant income from funders outside New York, across 6 states in all.

NY
CA
CO
DC
GA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $371k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC is better cushioned than half of the 5,127 arts & culture nonprofits its size.

Operating margin−28% · bottom quartile
Months of reserve4.9mo · above the median
Revenue growth (annualized)−8% · bottom quartile

this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024

Organizations like FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

The Diverse Future Foundation Inc82%The Center for Impact Communications Inc80%Northern Manhattan Improvement Corporation80%Media Alliance Inc79%Get Free Movement Fund Inc79%The Opportunity Agenda Inc79%New Media Advocacy Project Inc79%Foundation for Ethnic Understanding79%

Nationally

The Diverse Future Foundation Inc82%Freedom Forum Institute Inc82%Fund for the Public Interest Inc82%Miami Freedom Project for Democracy81%Nfib the Voice of Free Enterprise Inc81%National Institute of Minority Economic Development81%Media Impact Funders Inc81%The Center for Impact Communications Inc80%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

17
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC?
FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC (New York) receives grants from 17 organizations whose IRS filings report $4,388,317 to it, the largest being THE WALTER KAITZ FOUNDATION ($2,528,795). 13 of them have funded it in more than one year.
How many funders does FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC have?
IRS filings report 17 organizations giving $4,388,317 in grants to FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC, 13 of which have funded it in more than one year.
Who is the largest funder of FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC?
THE WALTER KAITZ FOUNDATION is the largest funder on record, with $2,528,795 in grants. The full list of funders is on this page.
How can an organization like FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Foundation for Minority Interests in Media →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 17 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing