Texas · Nonprofit
Independent Media Initiative Inc
Independent Media Initiative Inc (Texas) receives grants from 4 organizations whose IRS filings report $2,586,381 to it, the largest being The Shanahan Family Charitable Foundation ($2,406,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $1.5M
- Funders on record
- 4
- Grants received
- $2.6M
- Net assets
- $199k
What Independent Media Initiative Inc does
Mission
To support online content creators who share educational content on social media platforms.
As stated on its FY2024 Form 990.
Programs
Through a combination of direct support, mentored fellowships, and community-building programs, IMI creates an ecosystem of independent media creators with the vision and skills to produce high-quality and engaging educational and artistic content for the public good.
$734,936 spentof which $330,000 as grants48% of program spendingIMI Fest, produced by the Independent Media Initiative (IMI), is a pioneering annual event dedicated to celebrating independent media creators who produce and share their work online. The festival, held each November, brings together a diverse group of independent creators, educators, storytellers, and industry professionals from various disciplines, genres, and formats for a weekend focused on discovery, inspiration, and innovation.Continued on Schedule O IMI Fest offers a rich array of workshops, exhibits, performances, panels, and screenings designed to foster community, connection, and professional development within the independent media ecosystem. With over 100 attendees, the 2023 inaugural event served as a unique gathering for independent creators to engage in meaningful conversations and collaborations. A highlight of the festival is the presentation of the IMI Awards, the first prestige award created specifically to honor excellence in independent media. In 2023, IMI Fest awarded $500,000 in grants to six outstanding creators, recognizing their contributions to the industry and their dedication to impactful storytelling.
$799,500 spentof which $528,478 as grants52% of program spending
The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,534,436.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $653k to $316k (−52%).
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.
100% of Independent Media Initiative Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.
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
Stuart Sevier
Chair, Executive Director
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of Independent Media Initiative 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
Independent Media Initiative Inc leans on a few funders — its largest provides 93% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
“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.
Where its funders are
Independent Media Initiative Inc draws 100% of its grant income from funders outside Texas, across 3 states in all.
Funder states come from each funder’s own filing. 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.
Against its field
Independent Media Initiative Inc has grown faster than three-quarters of the 5,127 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024
Organizations like Independent Media Initiative 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 Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for Independent Media Initiative 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.
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 Independent Media Initiative Inc?
- Independent Media Initiative Inc (Texas) receives grants from 4 organizations whose IRS filings report $2,586,381 to it, the largest being The Shanahan Family Charitable Foundation ($2,406,000). 1 of them have funded it in more than one year.
- How many funders does Independent Media Initiative Inc have?
- IRS filings report 4 organizations giving $2,586,381 in grants to Independent Media Initiative Inc, 1 of which have funded it in more than one year.
- Who is the largest funder of Independent Media Initiative Inc?
- The Shanahan Family Charitable Foundation is the largest funder on record, with $2,406,000 in grants. The full list of funders is on this page.
- How can an organization like Independent Media Initiative Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 4 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