The New (New) Masses Foundation

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

EIN: 844943008 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The New (New) Masses Foundation?

The New (New) Masses Foundation is a nonprofit organization situated in New York, New York. With a small team of four individuals, the foundation's primary focus is to foster and promote the voices of young writers and artists through their publication, "The Drift." This magazine serves as a platform for individuals who haven't yet been swayed by mainstream media's influence and wish to express their unique perspectives and ideas, free from the constraints of established discourses. By publishing thought-provoking works, "The Drift" aims to introduce fresh ideas and perspectives to the world, which is desperately in need of new voices.


Official website here: www.thedriftmag.com

Is The New (New) Masses Foundation legitimate?

The New (New) Masses Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New (New) Masses Foundation 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: $57,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,504

For more financial information, click here


Official website here: www.thedriftmag.com

What is the mission statement of The New (New) Masses Foundation?

The New (New) Masses Foundation aims to introduce fresh perspectives and innovative ideas through the work of young writers who have not yet been fully integrated into the media sphere and are not constrained by the limitations of existing discourse. The organization achieves this by publishing "The Drift," a magazine that serves as a platform for young writers and artists to share thought-provoking work at a time when the world is in need of new voices.


Official website here: www.thedriftmag.com

Who is the CEO of The New (New) Masses Foundation?

Rebecca Panovka is the Co-President/Treasurer of The New (New) Masses Foundation.


Official website here: www.thedriftmag.com

What is the revenue of The New (New) Masses Foundation?

The New (New) Masses Foundation's revenue in 2022 was $470,990.


Official website here: www.thedriftmag.com

Who are the executives of The New (New) Masses Foundation and what are their salaries?

The average compensation at The New (New) Masses Foundation during 2022 was $20,954. There are 4 employees and 22 volunteers at The New (New) Masses Foundation.


Here are 2 key members and their salaries:


Rebecca Panovka (Co-President/Treasurer)
  • Compensation: $30,000
  • Related: $0
  • Other: $0
Kiara Barrow (Co-President/Secretary)
  • Compensation: $30,000
  • Related: $0
  • Other: $0


Official website here: www.thedriftmag.com

Where can I find the form 990 for The New (New) Masses Foundation?

The New (New) Masses Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thedriftmag.com

Learn more at the official website: www.thedriftmag.com

Mission Statement of The New (New) Masses Foundation

The New (New) Masses Foundation is committed to introducing fresh perspectives and innovative ideas into the discourse by providing a platform for young writers who have not yet been fully immersed in the media sphere. This organization believes that these writers, who are not constrained by the established boundaries of discourse, can offer unique insights and voices that the world desperately needs. To achieve this mission, The New (New) Masses Foundation publishes "The Drift," a magazine that serves as a forum for young writers and artists to publish thought-provoking work. This publication aims to challenge conventional norms and stimulate critical thinking, thereby contributing to a more diverse and vibrant discourse.

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Impact




July, 2024

The impact of The New (New) Masses Foundation, through their magazine The Drift, is significant in providing a platform for young writers to share fresh and innovative ideas that challenge existing discourse. By amplifying the voices of emerging writers who offer new perspectives, the foundation is contributing to a more diverse and thought-provoking media landscape. This initiative is particularly relevant in a time when it's essential to hear from voices that have not been absorbed into the mainstream media hivemind. The foundation's efforts help to broaden the conversation and inject new energy into public discourse.




This information is meant to be a general summary of The New (New) Masses Foundation. 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
$470,990 (2022)
Expenses
$261,913 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $347,501
  • Gross Receipts: $474,990

Assets and Liabilities:

  • Total Assets: $226,962
  • Total Liabilities: $0
  • Net Assets: $226,962

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AVERTISING, SALES AND SUBSCRIPTION

Revenue

$347,501

Organization Details

Founding Year

2020

Principal Officer

Rebecca Panovka

Main Address

PO BOX 75, NEW YORK, NY, 10113

NTEE Category

Code: P99 - Human services

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