Overview
What is The Futuro Media Group?
The Futuro Media Group is an independent, nonprofit organization situated in Harlem, New York. Established in 2010 by award-winning journalist Maria Hinojosa, this organization is dedicated to producing multimedia journalism that provides a critical perspective on the diversity of the American experience, often overlooked by mainstream media. With a team of 59 dedicated individuals, Futuro Media produces various radio, TV, and digital programs, including the Peabody Award-winning Latino USA, In the Thick, and Latino Rebels. They also offer opportunities for storytellers through their Community Podcast Lab and Futuro Studios, focusing on original podcasts and programming. Their mission is to celebrate and amplify underrepresented narratives in the media landscape.
Official website here: www.http: //futuromediagroup.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The Futuro Media Group has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With a score of 90% in Accountability & Finance, the organization demonstrates a commitment to transparent and responsible fiscal management. Key metrics such as a program expense ratio of 75.06% and a low fundraising efficiency ratio of $0.07 reflect an efficient allocation of resources towards its mission.
On the cultural side, the Futuro Media Group scored 91%, highlighting a strong community engagement and a commitment to equity, with ten equity practices implemented. However, the organization faces a notable limitation with a lack of independent board members, which can raise questions about governance and oversight. Despite this, its policies on conflict of interest, whistleblower protections, and document retention suggest a robust internal framework.
Overall, while The Futuro Media Group shows strengths in financial accountability and cultural engagement, the absence of independent board members may impact perceptions of governance. Nevertheless, it remains a respected entity within the nonprofit sector, particularly for its focus on equity strategies.
This AI summary has been generated from information found on Charity Navigator.
Is The Futuro Media Group legitimate?
The Futuro Media Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Futuro Media Group 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: $3,316,474
For more financial information, click here
Official website here: www.http: //futuromediagroup.org
What is the mission statement of The Futuro Media Group?
The Futuro Media Group is a nonprofit organization dedicated to producing multimedia journalism that showcases the diversity of the American experience. It provides a critical voice to perspectives often overlooked by mainstream media. Based in its founding location of Harlem, the group has been active since 2010. It is renowned for its Peabody Award-winning radio program, Latino USA, as well as the Politics podcast, In the Thick. Futuro Media also hosts Latino Rebels, a digital news outlet, and the Community Podcast Lab, which empowers storytellers of color to create their own podcasts. The group has recently established Futuro Studios, a division focused on original podcasts and programming, and Futuro Unidad Hinojosa, a unit dedicated to investigative journalism.
Official website here: www.http: //futuromediagroup.org
What is the revenue of The Futuro Media Group?
The Futuro Media Group's revenue in 2023 was $5,925,622.
Official website here: www.http: //futuromediagroup.org
Who are the executives of The Futuro Media Group and what are their salaries?
The average compensation at The Futuro Media Group during 2023 was $75,374. There are 44 employees at The Futuro Media Group.
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- Compensation: $216,280
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Official website here: www.http: //futuromediagroup.org
Where can I find the form 990 for The Futuro Media Group?
The Futuro Media Group's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.http: //futuromediagroup.org
Learn more at the official website: www.http: //futuromediagroup.org
Mission Statement of The Futuro Media Group
The Futuro Media Group, established in 2010 by distinguished journalist Maria Hinojosa, is a nonprofit organization that produces multimedia journalism. Their mission is rooted in celebrating the diversity of the American experience, providing a critical voice to often overlooked perspectives. Based in Harlem, this independent group produces a variety of programming, including the renowned Latino USA, a national Latino news and cultural weekly radio program that has won a Peabody Award.
Furthermore, Futuro Media is home to In The Thick, a politics podcast offering insights from journalists of color, and Latino Rebels, a trailblazing digital news outlet founded by Julio Ricardo Varela, which reaches millions through its website, radio programming, and podcasts. The organization also incorporates The Community Podcast Lab, a platform that empowers storytellers of color to create their own podcasts. Additionally, Futuro Studios, a creative division, focuses on original podcasts and programming. Lastly, Futuro Unidad Hinojosa (FUH), the organization's newest unit, is dedicated to investigative journalism. In essence, The Futuro Media Group is committed to presenting a diverse range of perspectives and stories through its multimedia journalism.
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Impact
October, 2024
The Futuro Media Group significantly impacts the media landscape by amplifying diverse voices and narratives that are often overlooked by mainstream outlets. Founded in 2010 by María Hinojosa, the organization has dedicated itself to producing multimedia journalism that explores the richness and complexity of the American experience.
Through its flagship program, "Latino USA," which is public radio's longest-running national Latino news and cultural weekly, Futuro Media celebrates Latino culture and issues, addressing the unique challenges faced by these communities. The podcast "In the Thick" provides a platform for journalists of color to discuss politics and social justice from their perspectives, fostering a deeper understanding of pressing national issues.
Futuro Media has also launched "Latino Rebels," a pioneering digital news outlet that reaches millions through its website and programming, helping to bring Latino voices to the forefront of national conversations. Their innovative initiatives, such as the Community Podcast Lab, empower storytellers from communities of color to create their own narratives, further diversifying the media ecosystem.
With critically acclaimed productions under Futuro Studios, including the Pulitzer Prize-winning "Suave," the organization continuously pushes the boundaries of storytelling and journalism. Through these efforts, The Futuro Media Group not only informs but also inspires, igniting discussions that promote inclusivity and representation within the media.
This information is meant to be a general summary of The Futuro Media Group. 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 2023.
- Investment Income: $72
- Program Service Revenue: $1,332,205
- Gross Receipts: $5,925,622
Assets and Liabilities:
- Total Assets: $2,493,669
- Total Liabilities: $980,001
- Net Assets: $1,513,668
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TELEVISION FEES
Revenue
$1,027,648
RADIO FEES
Revenue
$304,557
Organization Details
Founding Year
2009
Principal Officer
Maria Hinojosa
NTEE Category
Code: A34 - Arts
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