Civic Intelligence

Independence Public Media of Philadelphia Inc.

990PF • Fiscal year 2019 • EIN 22-2600747

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 02, 2019

1430 Walnut Street Suite 200Philadelphia, PA 19102

(215) 483-3900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.01x

Higher debt load relative to assets than 8% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

38th percentile

0.34x

Higher debt load relative to revenue than 38% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Net Margin

2nd percentile

-99%

Higher net margin than 2% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Asset Growth

31st percentile

0.7%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

98th percentile

151%

Faster revenue growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Assets

Up

$131,575,987

Up $954,849 (+0.7%) from 2018

Net Assets

Down

$130,356,297

Down $172,172 (-0.1%) from 2018

Liabilities

Up

$1,219,690

Up $1,127,021 (+1216%) from 2018

Revenue

Up

$3,635,229

Up $2,185,394 (+151%) from 2018

Expenses

Up

$7,226,735

Up $5,597,193 (+343%) from 2018

Net Income

Down

-$3,591,506

Down $3,411,799 (-1899%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $1,786,470Liabilities 2011: $378,036Net Assets 2011: $1,408,4342011Assets 2012: $1,545,060Liabilities 2012: $498,423Net Assets 2012: $1,046,6372012Assets 2013: $1,326,315Liabilities 2013: $366,597Net Assets 2013: $959,7182013Assets 2014: $1,302,308Liabilities 2014: $318,294Net Assets 2014: $984,0142014Assets 2015: $1,199,721Liabilities 2015: $205,229Net Assets 2015: $994,4922015Assets 2016: $989,216Liabilities 2016: $257,177Net Assets 2016: $732,0392016Assets 2017: $132,106,133Liabilities 2017: $1,397,957Net Assets 2017: $130,708,1762017Assets 2018: $130,621,138Liabilities 2018: $92,669Net Assets 2018: $130,528,4692018Assets 2019: $131,575,987Liabilities 2019: $1,219,690Net Assets 2019: $130,356,2972019Assets 2020: $143,656,289Liabilities 2020: $1,947,417Net Assets 2020: $141,708,8722020Assets 2021: $146,951,689Liabilities 2021: $2,036,424Net Assets 2021: $144,915,2652021Assets 2022: $114,645,232Liabilities 2022: $2,325,270Net Assets 2022: $112,319,9622022Assets 2023: $117,454,732Liabilities 2023: $1,012,347Net Assets 2023: $116,442,3852023Assets 2024: $120,763,019Liabilities 2024: $38,544Net Assets 2024: $120,724,4752024

Highlighted filing

2019

Assets$131,575,987
Liabilities$1,219,690
Net Assets$130,356,297

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MRevenue 2011: $1,344,673Expenses 2011: $1,823,610Net Income 2011: -$478,9372011Expenses 2012: $1,778,5622012Expenses 2013: $1,657,0222013Revenue 2014: $1,674,893Expenses 2014: $1,650,597Net Income 2014: $24,2962014Revenue 2015: $1,646,849Expenses 2015: $1,636,371Net Income 2015: $10,4782015Revenue 2016: $1,972,818Expenses 2016: $2,235,271Net Income 2016: -$262,4532016Revenue 2017: $132,734,290Expenses 2017: $2,758,153Net Income 2017: $129,976,1372017Revenue 2018: $1,449,835Expenses 2018: $1,629,542Net Income 2018: -$179,7072018Revenue 2019: $3,635,229Expenses 2019: $7,226,735Net Income 2019: -$3,591,5062019Revenue 2020: $5,619,079Expenses 2020: $6,949,707Net Income 2020: -$1,330,6282020Revenue 2021: $21,884,406Expenses 2021: $12,852,889Net Income 2021: $9,031,5172021Revenue 2022: $6,898,202Expenses 2022: $12,026,789Net Income 2022: -$5,128,5872022Revenue 2023: $2,096,477Expenses 2023: $11,940,159Net Income 2023: -$9,843,6822023Revenue 2024: $10,894,248Expenses 2024: $8,268,499Net Income 2024: $2,625,7492024

Highlighted filing

2019

Revenue$3,635,229
Expenses$7,226,735
Net Income-$3,591,506
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 2, 2019
Return Version
2018v3.1
Mission and Program Overview

Mission

Independence media enriches lives through programs and services that entertain, educate, and inspire. We believe in the power of television and new technologies to connect communities, promote diversity, and encourage understanding.

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RENE DEGEORGE SMITHExecutive Chair-$0--
KAREN KIRCHNERBoard Member-$0--
VINIT DHRUVABoard Member-$0--
FRANK C LORDITreasurer-$0--
CHRISTOPHER DUNNEVice Chair-$0--
FEATHER HOUSTOUNBoard Member-$0--
SIDNEY HARGROBoard Member-$0--
MARLENE DOONERBoard Member-$0--
ANUJ GUPTABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Independence Public Media of
EIN
22-2600747
Phone
2154833900
Address
1430 WALNUT STREET SUITE 200, PHILADELPHIA, PA 19102

Signing Officer

Name
Rene Smith
Title
Board Chair
Phone
2154833900
Signed
2019-12-02
Discuss with paid preparer
Yes

Preparer

Firm
Friedman Llp
Address
2000 MARKET STREET SUITE 500, PHILADELPHIA, PA 19103
Preparer
Denise Mcknight
Phone
2154969200
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt4VICE CHAIR
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IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
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IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
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IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
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IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0MANAGEMENT
IRS990PF/StatementsRegardingActyGrp/PhoneNum02154833900
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IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
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IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/Amt0510000
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt0TO SUPPORT ORGANIZATIONAL CAPACITY BUILDING
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt0SCRIBE VIDEO CENTER
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientFoundationStatusTxt0PUBLIC CHARITY
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IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientUSAddress/AddressLine1Txt03908 LANCASTER AVENUE
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientUSAddress/CityNm0PHILADELPHIA
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt8100000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt9850000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt10200000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt11250000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0TO SUPPORT THE UPGRADE AND REINSTALLATION OF THE MUSEUM'S MAIN PERMANENT EXHIBITION, AUDACIOUS FREEDOM: AFRICAN AMERICANS IN PHILADELPHIA 1776-1876. INCLUDING RECONFIGURING THE EXHIBIT'S "CONVERSATIONS" GALLERY TO CONNECT THE STORY OF 19TH CENTURY ACTIVISM TO THE PRESENT DAY.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1TO PROVIDE GRANTS THAT ADVANCE STRATEGIC GOALS OF MEDIA AND MEDIA MAKING IN THE PHILADELPHIA REGION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2TO PROVIDE GRANTS TO IMMIGRANT-SERVING ORGANIZATIONS AND PROJECTS BY DEVELOPING A LEARNING AND SUPPORT NETWORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3TO SUPPORT 2 SUBSEQUENT ROUNDS OF GOOD PITCH LOCAL PHILLY, WITH THE ADDITION OF A RE-GRANTING PROGRAM TO FUND FILMMAKERS, AND TO PROVIDE FOCUSED FACILITATION OF NETWORKING AND COLLABORATIONS AMONG PARTICIPANTS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4TO SUPPORT CULTURAL COMPETENCY TRAINING FOR INQUIRER STAFF AS WELL AS PROFESSIONAL DEVELOPMENT, ENTREPRENEURIAL SKILLS, AND CREATIVE OPPORTUNITIES FOR ENTRY-LEVEL, MID-LEVEL AND SENIOR MANAGERS OF COLOR THROUGHOUT THE REGION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5TO SUPPORT (1) RESEARCH AND PLANNING FOR A NEW TELEVISION AND RADIO BROADCAST SERIES INSPIRED BY WYBE'S SERIES PHILADELPHIA STORIES, AND FOR STRENGTHENING YOUR ORGANIZATION'S ROLE AS A COMMUNITY CONNECTOR AND NETWORK BUILDER FOR DIVERSE LOCAL MEDIA MAKERS AND PRODUCERS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt6TO SUPPORT ORGANIZATIONAL CAPACITY BUILDING
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt7TO SUPPORT INCREASED MEDIA TRAINING IN SE PHILA AND TO HELP SEAMAAC'S CONSTITUENCIES TELL AND SHARE THEIR STORIES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt8TO SUPPORT THE CONTINUED DEVELOPMENT AND DIGITIZATION OF THE EUGENIO MARIA DE HOSTOS ARCHIVE AND TO HELP BROADEN THE ARCHIVE'S PUBLIC ACCESSIBILITY AND ABILITY TO WELCOME AUDIENCES TO ENGAGE WITH THE COLLECTION AND INFORM PROGRAMMING
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt9TO STRENGTHEN THE GERMANTOWN INFO HUB & KENSINGTON VOICE COMMUNITY-CENTERED JOURNALISM PROJECTS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt10TO THE NEIGHBORHOOD-BASED MEDIA ADVOCACY THROUGH THE JUVENILE JUSTICE MEDIA FELLOWSHIP AND THE CIVIC POWER STUDIO'S MEDIA JUSTICE LAB
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt11TO EXPAND ITS WORK WITH FREELANCERS AND REPORTERS FROM RACIALLY AND ETHNICALLY DIVERSE MEDIA OUTLETS AND TO SUPPORT CULTURAL COMPETENCY TRAINING FOR WHYY STAFF AND COMMUNITY ENGAGEMENT EVENTS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0AFICAN AMERICAN MUSEUM OF PHILADELPHIA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1BREAD AND ROSES COMMUNITY FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2DIGITAL LITERACY ALLIANCE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3DOCSOCIETY (GOOD PITCH PHILLY)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4TPF SPECIAL ASSETS FUND (LENFEST INSTITUTE)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5PHILLYCAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt6SCRIBE VIDEO CENTER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt7SEAMAAC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt8TALLER PUERTORRIQUENO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt9TEMPLE UNIVERSITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt10VILLAGE OF ARTS & HUMANITIES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt11WHYY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt3PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt4PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt5PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt6PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt7PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt8PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt9PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt10PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt11PUBLIC CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NO RELATIONSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NO RELATIONSHIP

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$121$0.04$121$10.9$8.27$2.63
2023Detailed filing. Detailed filing data is available for this year.$117$1.01$116$2.10$11.9$9.84
2022Detailed filing. Detailed filing data is available for this year.$115$2.33$112$6.90$12.0$5.13
2021Detailed filing. Detailed filing data is available for this year.$147$2.04$145$21.9$12.9$9.03
2020Detailed filing. Detailed filing data is available for this year.$144$1.95$142$5.62$6.95$1.33
2019Detailed filing. Detailed filing data is available for this year.$132$1.22$130$3.64$7.23$3.59
2018Detailed filing. Detailed filing data is available for this year.$131$0.09$131$1.45$1.63$0.18
2017Detailed filing. Detailed filing data is available for this year.$132$1.40$131$133$2.76$130
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.26$0.73$1.97$2.24$0.26
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.21$0.99$1.65$1.64$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.30$0.32$0.98$1.67$1.65$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.37$0.96$1.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.50$1.05$1.78
2011Summary only. Only limited summary data is available for this year.$1.79$0.38$1.41$1.34$1.82$0.48