Overview
What is Public Media Institute?
The Public Media Institute, situated in Chicago, Illinois, serves as a platform for nurturing and showcasing the talents of local artists and small manufacturers. Based at 3219 S MORGAN STREET, the Institute achieves this by providing a retail space within the Chicago Cultural Center, allowing these creators to reach a broad audience of locals and tourists alike. Beyond its retail endeavors, the Institute's mission lies in fostering innovative cultural programming. It achieves this through the production of socially engaged projects, festivals, community spaces, exhibitions, and media, thereby contributing to Chicago's rich cultural landscape. Employing a team of 9 individuals, the Institute is dedicated to enriching the community by encouraging creativity and engagement in the arts.
Official website here: www.publicmediainstitute.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Public Media Institute has received a solid Three-Star rating from Charity Navigator, indicating a generally favorable evaluation in terms of accountability and financial health. The organization boasts an impressive score in several areas, including 100% independent board members and a high program expense ratio of 87.76%, reflecting a commitment to utilizing funds primarily for its mission-driven activities.
However, there are some areas for improvement. The organization lacks a whistleblower policy and a document retention and destruction policy, which are critical for safeguarding against internal issues. Additionally, the absence of tax forms on the nonprofit's website could hinder transparency for potential donors and stakeholders.
Overall, while the Public Media Institute demonstrates strong governance and financial management, addressing the noted policy gaps would enhance its accountability and trustworthiness in the eyes of the public.
This AI summary has been generated from information found on Charity Navigator.
Is Public Media Institute legitimate?
Public Media Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public Media Institute 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: $73,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $179,622
For more financial information, click here
Official website here: www.publicmediainstitute.com
What is the mission statement of Public Media Institute?
The Public Media Institute's mission is centered around fostering innovative cultural programming. They achieve this by producing socially-oriented projects, organizing festivals, establishing community spaces, curating exhibitions, and creating media content. The organization's objective is to incubate and sustain these initiatives, aiming to engage and inspire individuals. By doing so, the Public Media Institute contributes to the cultural landscape, offering a platform for artists and small manufacturers to showcase their work to a wide audience.
Official website here: www.publicmediainstitute.com
Who is the CEO of Public Media Institute?
Edward Marszewski is the Managing Dir. of Public Media Institute.
Official website here: www.publicmediainstitute.com
What is the revenue of Public Media Institute?
Public Media Institute's revenue in 2022 was $882,376.
Official website here: www.publicmediainstitute.com
Who are the executives of Public Media Institute and what are their salaries?
The average compensation at Public Media Institute during 2022 was $28,152. There are 9 employees and 40 volunteers at Public Media Institute.
Here are 9 key members and their salaries:
- Compensation: $48,743
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.publicmediainstitute.com
Where can I find the form 990 for Public Media Institute?
Public Media Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.publicmediainstitute.com
Learn more at the official website: www.publicmediainstitute.com
Mission Statement of Public Media Institute
The Public Media Institute is dedicated to fostering and nurturing innovative cultural programming. This is accomplished through the creation, incubation, and sustenance of socially-focused projects, festivals, community spaces, exhibitions, and media. The organization aims to serve as a platform for artists and small manufacturers, providing them with an opportunity to showcase their works to a wide audience. This is achieved through a shop located at the Chicago Cultural Center, known as BUDDY, which allows these creators to display and sell their goods and artworks to both local Chicagoans and visitors. Overall, the Public Media Institute is committed to promoting cultural growth and engagement through its various initiatives.
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Impact
October, 2024
Public Media Institute has made a significant impact on the cultural landscape of Chicago by fostering innovative programming and supporting local artists. Through initiatives like BUDDY, the organization provides a vital platform for artists and small manufacturers to showcase and sell their works, effectively reaching a wide audience of both Chicagoans and visitors. This commitment to socially engaged projects enriches the community, promotes cultural exchange, and encourages creativity within the city. Additionally, Public Media Institute plays a pivotal role in organizing festivals, exhibitions, and community spaces that bring people together, celebrating diversity and artistic expression. Their efforts not only empower local creators but also cultivate a more vibrant and inclusive cultural environment.
This information is meant to be a general summary of Public Media Institute. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $290,789
- Gross Receipts: $888,060
Assets and Liabilities:
- Total Assets: $531,843
- Total Liabilities: $157,888
- Net Assets: $373,955
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING
Revenue
$3,300
CONCERTS
Revenue
$14,483
CONSIGNMENT SALES
Revenue
$241,026
CONTRACT INCOME
Revenue
$25,730
SPACE RENTAL
Revenue
$6,250
Organization Details
Founding Year
2000
Phone
(773) 837-0145Principal Officer
Edward Marszewski
Main Address
3219 S MORGAN STREET, CHICAGO, IL, 60608
Website
www.publicmediainstitute.comNTEE Category
Code: A20 - Arts
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