New York · Nonprofit
Independent Media Institute
Independent Media Institute (New York) receives grants from 28 organizations whose IRS filings report $3,108,328 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($1,245,000). 15 of them have funded it in more than one year.
- Revenue FY2024
- $1.5M
- Funders on record
- 28
- Grants received
- $3.1M
- Net assets
- $631k
What Independent Media Institute does
Mission
IMI amplifies the reach and impact of the work produced by our partner journalists,public intellectuals and editorial teams on the leading issues of our times. The goal is to educate, inspire, and collaborate with movements and visionaries who are fighting for social change - and prevent the worst from happening.The organization provides a range of services to its partners: editing and qualitycontrol, visual design and assistance with website and technical development, project design and fundraising development, syndication to partner pubications, andmarketing, promotion, and media bookings through its extensive email and social media channels.IMI History:For more than three decades, the Independent Media Institute has served the pubicthrough the creation and distribution of content about political and social issues.It's produced a range of reports and in 1998, IMI founded AlterNet, an award-winningnews website that published original reporting by independent investigativejournalists,
As stated on its FY2024 Form 990.
Program
IMI continues to build its audience network through collaboration with partner publications in the US, expand its network of contributing writers, and build its expert audience email lists -- all of which fulfill IMI's public education mission
$918,692 spent100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $918,692.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $1.2M to $784k (−36%).
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 Institute’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. 4 of the last 8 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.
The chief executive listed changed between the FY2017 and FY2018 filings.
Who funds it, year by year
2017 → 2023: the base narrowed from 7 funders to 6 funders, grant income rose $123k → $733k.
9 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $170k from one payer (the payer shares this organization's board, largest The New World Foundation). These are real filings, and they are not money Independent Media Institute raised.
From the IRS filings of Independent Media Institute’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 Institute leans on a few funders — its largest provides 40% of grant income and the top three 65%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
79% 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 Independent Media Institute.
Largest funder’s share by year: 2017 41% · 2018 80% · 2019 56% · 2020 44% · 2021 40% · 2022 55% · 2023 53% — growing more concentrated.
“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
37% of Independent Media Institute's funders are still giving 3 years after their first grant; 54% give in more than one year at all.
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
64% of Independent Media Institute's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.4M arriving through sponsors registered in 8 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.
Against its field
Independent Media Institute is better cushioned than half 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 Institute
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
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
62% of spending goes to programs.
Governance
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
Screen this organization
A dated, signed PDF of the compliance screen for Independent Media Institute: 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 Institute?
- Independent Media Institute (New York) receives grants from 28 organizations whose IRS filings report $3,108,328 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($1,245,000). 15 of them have funded it in more than one year.
- How many funders does Independent Media Institute have?
- IRS filings report 28 organizations giving $3,108,328 in grants to Independent Media Institute, 15 of which have funded it in more than one year.
- Who is the largest funder of Independent Media Institute?
- GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $1,245,000 in grants. The full list of funders is on this page.
- How can an organization like Independent Media Institute 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 Independent Media Institute →
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 28 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