Civic Intelligence

Foundation for Minority Interests in Media Inc

EIN 22-2635292 • 501(c)3 • Katonah, NY

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Profile

The chief objective of the foundation for minority interests in media, inc. Is to conduct activities which are exclusively charitable and educational within the meaning of section 501(c)(3) of the internal revenue code, for the purpose of increasing the employment of minorities in the field of communications, and of educating minorities about the communications industry.

C/O M Barham 42 Bedford RdKatonah, NY 10536

www.emmabowenfoundation.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.01x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

32nd percentile

0.02x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

11th percentile

-28%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

17th percentile

-8.1%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-22%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$3,441,810

Down $302,439 (-8.1%) from 2023

Liabilities

Down

$24,723

Down $49,198 (-67%) from 2023

Net Assets

Down

$3,417,087

Down $253,241 (-6.9%) from 2023

Operations
Liabilities / Revenue32nd percentileNet Margin11th percentile

Revenue

Down

$1,574,229

Down $434,863 (-22%) from 2023

Expenses

Down

$2,013,741

Down $104,133 (-4.9%) from 2023

Net Income

Down

-$439,512

Down $330,730 (-304%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $2,536,494Liabilities 2010: $63,570Net Assets 2010: $2,472,9242010Assets 2011: $2,374,289Liabilities 2011: $49,716Net Assets 2011: $2,324,5732011Assets 2012: $2,826,305Liabilities 2012: $75,821Net Assets 2012: $2,750,4842012Assets 2013: $3,197,386Liabilities 2013: $58,868Net Assets 2013: $3,138,5182013Assets 2014: $3,619,564Liabilities 2014: $79,939Net Assets 2014: $3,539,6252014Assets 2015: $3,316,441Liabilities 2015: $76,761Net Assets 2015: $3,239,6802015Assets 2016: $2,874,605Liabilities 2016: $106,641Net Assets 2016: $2,767,9642016Assets 2017: $3,204,705Liabilities 2017: $29,606Net Assets 2017: $3,175,0992017Assets 2018: $3,269,841Liabilities 2018: $35,162Net Assets 2018: $3,234,6792018Assets 2019: $3,498,989Liabilities 2019: $67,069Net Assets 2019: $3,431,9202019Assets 2020: $3,696,428Liabilities 2020: $215,955Net Assets 2020: $3,480,4732020Assets 2021: $4,224,729Liabilities 2021: $104,124Net Assets 2021: $4,120,6052021Assets 2022: $3,660,149Liabilities 2022: $102,350Net Assets 2022: $3,557,7992022Assets 2023: $3,744,249Liabilities 2023: $73,921Net Assets 2023: $3,670,3282023Assets 2024: $3,441,810Liabilities 2024: $24,723Net Assets 2024: $3,417,0872024

Highlighted filing

2024

Assets$3,441,810
Liabilities$24,723
Net Assets$3,417,087
Open 2024 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,954,997Expenses 2010: $1,843,893Net Income 2010: $111,1042010Revenue 2011: $1,786,471Expenses 2011: $1,848,822Net Income 2011: -$62,3512011Revenue 2012: $2,183,082Expenses 2012: $1,857,569Net Income 2012: $325,5132012Revenue 2013: $2,387,231Expenses 2013: $2,108,298Net Income 2013: $278,9332013Revenue 2014: $2,480,533Expenses 2014: $2,075,996Net Income 2014: $404,5372014Revenue 2015: $2,047,846Expenses 2015: $2,201,999Net Income 2015: -$154,1532015Revenue 2016: $1,990,034Expenses 2016: $2,534,437Net Income 2016: -$544,4032016Revenue 2017: $2,746,496Expenses 2017: $2,525,285Net Income 2017: $221,2112017Revenue 2018: $2,440,690Expenses 2018: $2,144,492Net Income 2018: $296,1982018Revenue 2019: $2,087,299Expenses 2019: $2,085,187Net Income 2019: $2,1122019Revenue 2020: $1,501,821Expenses 2020: $1,539,642Net Income 2020: -$37,8212020Revenue 2021: $2,159,718Expenses 2021: $1,689,283Net Income 2021: $470,4352021Revenue 2022: $2,056,480Expenses 2022: $2,183,145Net Income 2022: -$126,6652022Revenue 2023: $2,009,092Expenses 2023: $2,117,874Net Income 2023: -$108,7822023Revenue 2024: $1,574,229Expenses 2024: $2,013,741Net Income 2024: -$439,5122024

Highlighted filing

2024

Revenue$1,574,229
Expenses$2,013,741
Net Income-$439,512
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,441,810
Liabilities
$24,723
Net assets
$3,417,087
Revenue
$1,574,229
Expenses
$2,013,741
Net income
-$439,512
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$0.02$3.42$1.57$2.01$0.44
2023Detailed filing. Detailed filing data is available for this year.$3.74$0.07$3.67$2.01$2.12$0.11
2022Detailed filing. Detailed filing data is available for this year.$3.66$0.10$3.56$2.06$2.18$0.13
2021Detailed filing. Detailed filing data is available for this year.$4.22$0.10$4.12$2.16$1.69$0.47
2020Detailed filing. Detailed filing data is available for this year.$3.70$0.22$3.48$1.50$1.54$0.04
2019Detailed filing. Detailed filing data is available for this year.$3.50$0.07$3.43$2.09$2.09$0.00
2018Detailed filing. Detailed filing data is available for this year.$3.27$0.04$3.23$2.44$2.14$0.30
2017Detailed filing. Detailed filing data is available for this year.$3.20$0.03$3.18$2.75$2.53$0.22
2016Detailed filing. Detailed filing data is available for this year.$2.87$0.11$2.77$1.99$2.53$0.54
2015Detailed filing. Detailed filing data is available for this year.$3.32$0.08$3.24$2.05$2.20$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.62$0.08$3.54$2.48$2.08$0.40
2013Detailed filing. Detailed filing data is available for this year.$3.20$0.06$3.14$2.39$2.11$0.28
2012Summary only. Only limited summary data is available for this year.$2.83$0.08$2.75$2.18$1.86$0.33
2011Summary only. Only limited summary data is available for this year.$2.37$0.05$2.32$1.79$1.85$0.06
2010Summary only. Only limited summary data is available for this year.$2.54$0.06$2.47$1.95$1.84$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.0
Gross Receipts
$3,052,430
Mission and Program Overview

Mission

The chief objective of the foundation for minority interests in media, inc is to conduct activities which are exclusively charitable and educational within the meaning of section 501(c)(3) of the internal revenue code, for the purpose of educating and mentoring individuals of color in the field of communications leading to employment opportunities in the communcations industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,968,467$2,559,866▼ $408,601
Savings and Temporary Cash Investments$534,945$829,375▲ $294,430
Pledges and Grants Receivable$86,000$35,000▼ $51,000
Other Notes and Loans Receivable, Net$154,837$17,569▼ $137,268
Total Assets$3,744,249$3,441,810▼ $302,439
Liabilities
Accounts Payable and Accrued Expenses$73,921$24,723▼ $49,198
Total Liabilities$73,921$24,723▼ $49,198
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,588,223$3,336,839▼ $251,384
Net Assets With Donor Restrictions$82,105$80,248▼ $1,857
Total Net Assets Fund Balance$3,670,328$3,417,087▼ $253,241
Total Liabilities and Net Assets / Fund Balance$3,744,249$3,441,810▼ $302,439

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,987,270-▲ $202,967-$1,986,701
2023$1,898,071-▲ $283,374-$1,987,270
2022$2,311,228-▼ $367,043-$1,898,071
2021$1,843,682$264,000▲ $221,407-$2,311,228
2020$1,695,396-▲ $162,120-$1,843,682
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nikki BethelCEOFT$249,231$16,625$265,856
Michael G BarhamCOOFT$168,240$3,625$171,865
Ayia GospodinovaVP BusinessFT$155,041-$155,041
Ayia GospodinovaVP Business Dev.-$151,416$3,625$155,041

Board Members and Trustees

NameTitle
Katherine BarnettChairman
Niija KuykendallVice Chairwo
Christopher LammersSecretary
Malcolm LeverettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,527,969
Program Service Revenue
$0
Investment Income
$46,260
Other Revenue
$0
All Other Contributions
$1,527,969
Change in Net Assets
$-439,512

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,574,229
Revenue Not Reported on Form 990
$186,271
Total Revenue per Audited Statements
$1,760,500
Total Revenue per Form 990
$1,574,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,381,697
Other Expenses$350,057
Grants and Similar Amounts Paid$281,987
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$932,925$164,635-$1,097,560
Grants to Domestic Individuals$281,987--$281,987
Other Employee Benefits$113,049$19,950-$132,999
Payroll Taxes$66,774$11,784-$78,558
Pension Plan Contributions$61,694$10,886-$72,580
Office Expenses$35,110$5,225-$40,335
Travel$26,723--$26,723
Fees for Services Accounting-$25,435-$25,435
Fees for Service Investment Mgmnt Fees-$20,071-$20,071
Other Expenses$12,448$2,197-$14,645
Insurance$4,871$3,985-$8,856
All Other Expenses$4,420--$4,420
Total Functional Expenses$1,736,313$277,428$0$2,013,741

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,013,741
Total Expenses per Audited Statements$2,013,741
Total Expenses per Form 990$2,013,741
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

“Line 11 - form 990 provided upon request”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 15A

“Compensation for employees is determined by the board of directors using comparability data of other non-profit entities”

Form 990, Page 6, Part VI, Line 15B

“Compensation for employees is determined by the board of directors using comparability data of other non-profit entities”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Foundation for Minority Interests
EIN
22-2635292
Phone
9176267488
Address
C/O M BARHAM 42 BEDFORD RD, KATONAH, NY 10536
Doing Business As
The Emma Bowen Foundation

Signing Officer

Name
Michael G Barham
Title
COO
Phone
9176267488
Signed
2025-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael G Barham
Formed
1989
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
10

Preparer

Firm
Shapiro Goldstein Moses & Artuso Llp
Address
7600 JERICHO TPKE STE 200, WOODBURY, NY 11797
Preparer
Kenneth L Goldstein
Phone
5169320404
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The chief objective of the foundation for minority interests in media, inc is to conduct activities which are exclusively charitable and educational within the meaning of section 501(c)(3) of the internal revenue code, for the purpose of educating and mentoring individuals of color in the field of communications leading to employment opportunities in the communcations industry.”

Form 990, Page 2, Part III, Line 4D

“OTHER PROGRAM SERVICES.”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“To provide income for the charitable operations of the foundation, and to provide assurance that the programs will be funded in case of a downturn in foundation revenue”

Raw XML AppendixShowing 400 of 469 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE CHIEF OBJECTIVE OF THE FOUNDATION FOR MINORITY INTERESTS IN MEDIA, INC IS TO CONDUCT ACTIVITIES WHICH ARE EXCLUSIVELY CHARITABLE AND EDUCATIONAL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, FOR THE PURPOSE OF EDUCATING AND MENTORING INDIVIDUALS OF COLOR IN THE FIELD OF COMMUNICATIONS LEADING TO EMPLOYMENT OPPORTUNITIES IN THE COMMUNCATIONS INDUSTRY.
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IRS990/OtherExpensesGrp/Desc0BOOKKEEPING AND ACCOUNTIN
IRS990/OtherExpensesGrp/Desc1STUDENT CONFERENCES
IRS990/OtherExpensesGrp/Desc2CONSULTANTS
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
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IRS990/PrincipalOfficerNm0MICHAEL G BARHAM
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION ALSO HAS PROGRAMS GEARED TOWARDS ESTABLISHED PROFESSIONALS IN THE INDURSTY. THE EARLY CAREER LEADERSHIP ("ECL")COACHING PROGRAM EQUIPS YOUNG TALENT IN THE MEDIA, ENTERTAINMENT AND TECHNOLOGY INDUSTRIES WITH TOOLS TO MANAGE THEIR CAREERS, NAVIGATE THE WORLD OF BUSINESS AND DEVELOP THE LEADERSHIP SKILLS THAT ARE NECESSARY TO ACHIEVE THEIR GOALS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0TO ENGAGE EXECUTIVES AND LEADERS IN THE FIELD, THE ORGANIZATION HAS ESTABLISHED EBF COUNCILS. THESE ARE DISCIPLINE FOCUSED GROUPS DESIGNED TO GIVE SPACE FOR EBF ADVISORY COUNCIL MEMBERS TO ENGAGE MORE CONSISTENTLY WITH THE EBF COMMUNITY AND STAY REGULARLY INFORMED OF EBF ACTIVITIES. EBF COUNCILS WILL PROVIDE EXECUTIVES AND LEADERS IN THE FIELD WITH AN OPPORTUNITY TO SHARE KNOWLEDGE AND BEST PRACTICES, PROVIDE FEEDBACK ON THE EFFECTIVENESS OF RELEVANT EBF PROGRAMS, STRENGTHEN CONNECTIONS TO PEERS IN THE EBF COMMUNITY, AND HELP EBF BUILD MEANINGFUL PROGRAMMING FOR STUDENTS AND ALUMNI.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICES.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE INCOME FOR THE CHARITABLE OPERATIONS OF THE FOUNDATION, AND TO PROVIDE ASSURANCE THAT THE PROGRAMS WILL BE FUNDED IN CASE OF A DOWNTURN IN FOUNDATION REVENUE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STUDENT SCHOLARSHIP AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1STUDENT SPONSORSHIP PROGR
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2STUDENT SPONSORSHIP PROGR
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt089
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOLARSHIP FUNDS PROGRAM IS NEED-BASED. FUNDS ARE EITHER SENT DIRECTLY TO COLLEGES,UNIVERSITIES, BOOKSTORES, ETC. ON BEHALF OF SPONSORED STUDENTS OR ARE REIMBURSED DIRECTLY TO STUDENTS. THE STUDENT SPONSORSHIP PROGRAM ARE GRANTS PAID TO SPONSOR EMPLOYERS TO SUBSIDIZE SALARIES PAID TO STUDENT INTERNS. THIS SUBSIDY PROGRAM FACILITATES WORK OPPORTUNITIES FOR STUDENT INTERNS AND PROMOTES OPPORTUNITY FOR PLACEMENT UPON GRADUATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NIKKI BETHEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MICHAEL G BARHAM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2AYIA GOSPODINOVA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHIEF OBJECTIVE OF THE FOUNDATION FOR MINORITY INTERESTS IN MEDIA, INC IS TO CONDUCT ACTIVITIES WHICH ARE EXCLUSIVELY CHARITABLE AND EDUCATIONAL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, FOR THE PURPOSE OF EDUCATING AND MENTORING INDIVIDUALS OF COLOR IN THE FIELD OF COMMUNICATIONS LEADING TO EMPLOYMENT OPPORTUNITIES IN THE COMMUNCATIONS INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER PROGRAM SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 11 - FORM 990 PROVIDED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR EMPLOYEES IS DETERMINED BY THE BOARD OF DIRECTORS USING COMPARABILITY DATA OF OTHER NON-PROFIT ENTITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR EMPLOYEES IS DETERMINED BY THE BOARD OF DIRECTORS USING COMPARABILITY DATA OF OTHER NON-PROFIT ENTITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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