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Media Collective Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 134115168 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Media Collective Inc?

Media Collective Inc is a nonprofit organization, serving as a fiscal sponsor, located in New York City, New York. Their primary mission is to encourage and promote the use of media technology to enlighten the public on various social justice issues, health concerns, cultural phenomena, economics, and social themes. They have undertaken several documentary film projects, including "The Canary Project," focused on artistic and cultural endeavors, and "Merwin," a film about the environmental activist and two-time Pulitzer Prize winner, W.S. Merwin. Another project, "The Bicycle Film Festival/Brendt Barber," explores urban transportation issues, while "Contested Streets: Breaking New York City Gridlock" delves into urban gridlock and its implications. These documentaries are available for both current and future use.


Official website here: www.mediacollective-ny.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71%, Two-Star out of Four Star rating. This rating reflects the organization's performance primarily in Accountability & Finance, indicating that while they exhibit some strong financial practices, there are significant areas needing improvement.

Media Collective Inc demonstrates strengths in several key areas, including having a fully independent board and maintaining a high program expense ratio of 99.66%. This suggests that the majority of their funds are directed towards their charitable programs rather than administrative costs. Their financial statements are also reviewed or compiled, which adds to their credibility in financial reporting.

However, the organization has notable limitations, particularly in governance policies. They lack a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for ensuring transparency and ethical operations. Additionally, their liabilities to assets ratio, at 67.69%, reflects a concerning balance that could impact financial stability. Overall, while there are positive aspects, the gaps in governance policies may raise concerns for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Media Collective Inc legitimate?

Media Collective Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Media Collective Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mediacollective-ny.org

What is the mission statement of Media Collective Inc?

Media Collective Inc's mission is to encourage, promote, and foster the use of media technology with the underlying intention of educating the public about various social justice issues, health, cultural phenomena, economics, and social themes. The organization achieves this by organizing and supporting documentary films that delve into these topics, such as "The Canary Project" and "Merwin," which explores the legacy of environmental activist and Pulitzer Prize-winning poet, W.S. Merwin. Another documentary, "Contested Streets: Breaking New York City Gridlock," is also part of their offerings. Media Collective Inc additionally serves as a fiscal sponsor, providing support to other projects and initiatives aligning with its mission.


Official website here: www.mediacollective-ny.org

Who is the CEO of Media Collective Inc?

Stefan Schaefer is the Director of Media Collective Inc.


Official website here: www.mediacollective-ny.org

What is the revenue of Media Collective Inc?

Media Collective Inc's revenue in 2022 was $546,057.


Official website here: www.mediacollective-ny.org

Who are the executives of Media Collective Inc and what are their salaries?

There 7 volunteers at Media Collective Inc.


Here are 3 key members and their salaries:


Stefan Schaefer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Crespo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chenta Laury (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mediacollective-ny.org

Where can I find the form 990 for Media Collective Inc?

Media Collective Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mediacollective-ny.org

Learn more at the official website: www.mediacollective-ny.org

Mission Statement of Media Collective Inc

Media Collective Inc is committed to encouraging and promoting the use of media technology with the aim of educating the public about various social justice issues, health, cultural phenomena, economics, and social themes. This nonprofit organization's mission is to foster artistic and cultural endeavors, integrating human rights into its programs. One of its initiatives is the documentary film "The Canary Project," which aims to bring attention to environmental concerns. Another program, "Merwin," is a documentary about poet laureate, Pulitzer Prize winner, and environmental activist W.S. Merwin. The film highlights Merwin's legacy, not just as a writer but also as an activist. Media Collective Inc also supports the Documentary Film: "The Bicycle Film Festival/Brendt Barber" and "Contested Streets: Breaking New York City Gridlock," both of which are available for current and future use. Additionally, Media Collective Inc serves as a fiscal sponsor, providing financial support to other projects that align with its mission.

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Impact




July, 2024

Media Collective Inc's impact lies in its dedication to promoting artistic, cultural endeavors, and human rights through various documentary films such as "The Canary Project," "Merwin," "The Bicycle Film Festival/Brendt Barber," and "Contested Streets: Breaking New York City Gridlock." By utilizing media technology, the organization aims to educate the public about social justice issues, health, cultural phenomena, economics, and social themes. Through these initiatives, Media Collective Inc contributes to raising awareness and promoting dialogue on important global issues.




This information is meant to be a general summary of Media Collective Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$546,057 (2022)
Expenses
$424,937 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $382
  • Gross Receipts: $551,666

Assets and Liabilities:

  • Total Assets: $223,139
  • Total Liabilities: $151,050
  • Net Assets: $72,089

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Organization Details

Founding Year

2000

Principal Officer

Stefan Schaefer

Main Address

C/O SAM J NOLECPA 347 5TH AVE, NEW YORK, NY, 100165052

NTEE Category

Code: E60 - Health

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