Civic Intelligence

International Women'S Media Foundation

EIN 52-1648942 • 501(c)3 • Washington, DC

Profile

The iwmf is the only global organization built to serve the holistic needs of women and nonbinary journalists. We are a bold and inclusive organization that supports journalists where they are with awards, reporting opportunities, fellowships, grants, safety training and emergency aid. As one of the largest supporters of women-produced journalism, our transformative work strengthens equal opportunity and press freedom worldwide. We unleash the potential of women journalists as champions of press freedom to transform the global news media.

2002 Massachusetts Ave NW 1Washington, DC 20036

www.imwf.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.04x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

28th percentile

0.05x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

20th percentile

-9.2%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$301,190

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

14th percentile

-9.2%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-3.5%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,853,158

Down $595,313 (-9.2%) from 2023

Liabilities

Down

$234,985

Down $278,643 (-54%) from 2023

Net Assets

Down

$5,618,173

Down $316,670 (-5.3%) from 2023

Revenue

Down

$4,718,566

Down $170,843 (-3.5%) from 2023

Expenses

Up

$5,153,581

Up $317,421 (+6.6%) from 2023

Net Income

Down

-$435,015

Down $488,264 (-917%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $2,572,056Liabilities 2010: $208,387Net Assets 2010: $2,363,6692010Assets 2011: $1,636,725Liabilities 2011: $224,748Net Assets 2011: $1,411,9772011Assets 2012: $1,663,172Liabilities 2012: $170,101Net Assets 2012: $1,493,0712012Assets 2013: $1,559,813Liabilities 2013: $198,007Net Assets 2013: $1,361,8062013Assets 2014: $2,484,129Liabilities 2014: $255,238Net Assets 2014: $2,228,8912014Assets 2015: $10,235,995Liabilities 2015: $649,779Net Assets 2015: $9,586,2162015Assets 2016: $13,319,200Liabilities 2016: $328,507Net Assets 2016: $12,990,6932016Assets 2017: $9,905,259Liabilities 2017: $256,586Net Assets 2017: $9,648,6732017Assets 2018: $7,899,789Liabilities 2018: $337,712Net Assets 2018: $7,562,0772018Assets 2019: $6,010,168Liabilities 2019: $218,374Net Assets 2019: $5,791,7942019Assets 2020: $16,056,037Liabilities 2020: $10,336,573Net Assets 2020: $5,719,4642020Assets 2021: $17,214,124Liabilities 2021: $10,157,964Net Assets 2021: $7,056,1602021Assets 2022: $6,723,425Liabilities 2022: $925,710Net Assets 2022: $5,797,7152022Assets 2023: $6,448,471Liabilities 2023: $513,628Net Assets 2023: $5,934,8432023Assets 2024: $5,853,158Liabilities 2024: $234,985Net Assets 2024: $5,618,1732024

Highlighted filing

2024

Assets$5,853,158
Liabilities$234,985
Net Assets$5,618,173

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,068,3882010Revenue 2011: $1,886,871Expenses 2011: $3,003,730Net Income 2011: -$1,116,8592011Expenses 2012: $1,200,5652012Expenses 2013: $1,305,5812013Revenue 2014: $2,711,171Expenses 2014: $1,842,582Net Income 2014: $868,5892014Revenue 2015: $11,020,200Expenses 2015: $3,655,945Net Income 2015: $7,364,2552015Revenue 2016: $7,125,099Expenses 2016: $3,752,673Net Income 2016: $3,372,4262016Revenue 2017: $627,256Expenses 2017: $3,956,707Net Income 2017: -$3,329,4512017Revenue 2018: $4,278,661Expenses 2018: $5,060,681Net Income 2018: -$782,0202018Revenue 2019: $3,041,081Expenses 2019: $4,971,662Net Income 2019: -$1,930,5812019Revenue 2020: $4,241,727Expenses 2020: $4,396,023Net Income 2020: -$154,2962020Revenue 2021: $6,735,111Expenses 2021: $5,455,957Net Income 2021: $1,279,1542021Revenue 2022: $4,479,380Expenses 2022: $5,399,596Net Income 2022: -$920,2162022Revenue 2023: $4,889,409Expenses 2023: $4,836,160Net Income 2023: $53,2492023Revenue 2024: $4,718,566Expenses 2024: $5,153,581Net Income 2024: -$435,0152024

Highlighted filing

2024

Revenue$4,718,566
Expenses$5,153,581
Net Income-$435,015

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.85$0.23$5.62$4.72$5.15$0.44
2023Detailed filing. Detailed filing data is available for this year.$6.45$0.51$5.93$4.89$4.84$0.05
2022Detailed filing. Detailed filing data is available for this year.$6.72$0.93$5.80$4.48$5.40$0.92
2021Detailed filing. Detailed filing data is available for this year.$17.2$10.2$7.06$6.74$5.46$1.28
2020Detailed filing. Detailed filing data is available for this year.$16.1$10.3$5.72$4.24$4.40$0.15
2019Detailed filing. Detailed filing data is available for this year.$6.01$0.22$5.79$3.04$4.97$1.93
2018Detailed filing. Detailed filing data is available for this year.$7.90$0.34$7.56$4.28$5.06$0.78
2017Detailed filing. Detailed filing data is available for this year.$9.91$0.26$9.65$0.63$3.96$3.33
2016Detailed filing. Detailed filing data is available for this year.$13.3$0.33$13.0$7.13$3.75$3.37
2015Summary only. Only limited summary data is available for this year.$10.2$0.65$9.59$11.0$3.66$7.36
2014Detailed filing. Detailed filing data is available for this year.$2.48$0.26$2.23$2.71$1.84$0.87
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.20$1.36$1.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.17$1.49$1.20
2011Summary only. Only limited summary data is available for this year.$1.64$0.22$1.41$1.89$3.00$1.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.21$2.36$2.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$7,391,423
Mission and Program Overview

Mission

The iwmf is dedicated to strengthening the role of women journalists worldwide. The media is not truly free and representative without the equal voice of women. Since 1990, we have celebrated the courage of women journalists who overcome threats and oppression to report and bear witness to global issues. Through our programs and grants we empower women journalists with the training, opportunities, and support to become leaders in the news industry.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,491,890$4,208,319▲ $716,429
Pledges and Grants Receivable$1,742,123$634,561▼ $1,107,562
Savings and Temporary Cash Investments$440,477$537,636▲ $97,159
Cash and Non-Interest-Bearing Accounts$691,352$404,472▼ $286,880
Prepaid Expenses and Deferred Charges$59,522$51,546▼ $7,976
Land, Buildings, and Equipment, Net$11,456$9,701▼ $1,755
Accounts Receivable$9,317$4,590▼ $4,727
Total Assets$6,448,471$5,853,158▼ $595,313
Other Assets Total$2,334$2,333▼ $1
Liabilities
Accounts Payable and Accrued Expenses$217,646$204,536▼ $13,110
Other Liabilities$295,982$30,449▼ $265,533
Total Liabilities$513,628$234,985▼ $278,643
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,084,406$5,007,224▼ $77,182
Net Assets Without Donor Restrictions$850,437$610,949▼ $239,488
Total Net Assets Fund Balance$5,934,843$5,618,173▼ $316,670
Total Liabilities and Net Assets / Fund Balance$6,448,471$5,853,158▼ $595,313

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,701$354,881$364,582

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,906,354$13,162▲ $131,591$31,652$2,019,455
2023$1,785,243$19,449▲ $121,662$20,000$1,906,354
2022$2,007,571$55,413▼ $222,127-$1,785,243
2021$1,875,374$35,075▲ $173,448$76,326$2,007,571
2020$1,869,636$39,907▲ $14,093$48,262$1,875,374
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elisa Lees MunozExecutive DirectorFT$244,560$56,630$301,190
Nadine HoffmanDeputy Executive DirectorFT$180,704$16,144$196,848
Charlotte FoxDirector of CommunicationsFT$164,304$14,631$178,935
Adena MartinDirector of OperationsFT$142,702$21,485$164,187
Juanita IslasDirector of ProgramsFT$128,313$12,598$140,911
Tara GatewoodDirector, Fund for IndigenFT$125,105$14,035$139,140

Board Members and Trustees

NameTitle
Linda DouglassCo-chair
Suzanne MalveauxCo-chair
Jennifer ReingoldCo-vice Chair
Jessica OppenheimCo-vice Chair
Andrea MitchellDirector
Cindi LeiveDirector
Craig NewmarkDirector
Hannah AllamDirector
Ingrid Ciprian-matthewsDirector
Kerry SmithDirector
Kristine CorattiDirector
Lauren WilliamsDirector
NORAH O'DONNELLDirector
Rafat AliDirector
Rene JonesDirector
Stephanie KauffmanDirector
Versha SharmaDirector
Linda MasonDirector (until 01/24)
Matt WinklerDirector (until 05/24)
Jim BradyDirector (until 08/24)
Tara KangarlouDirector (until 08/24)
Greta WilliamsLegal Council
Eric HarrisTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Vault Consulting LLCAccounting8401 GREENSBORO DRIVE STE 500, Mclean, VA 22102$163,038
Jean-francois BelzilSafety Training ConsultingC/O 2002 MASS AVE NW STE 1, Washington, DC 20036$129,000
Inez Weinstein Special Events INCEvent Production & Fundraising136 EAST 76TH STR 5D, New York, NY 10021$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$5,188,893
Program Service Revenue
$0
Investment Income
$84,478
Other Revenue
$-554,805
All Other Contributions
$4,144,803
Change in Net Assets
$-435,015

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,694,970
Revenue Not Reported on Financial Statements
$23,596
Revenue Not Reported on Form 990
$722,563
Total Revenue per Audited Statements
$5,417,533
Total Revenue per Form 990
$4,718,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,789,106
Salaries, Compensation, and Employee Benefits$1,732,751
Grants and Similar Amounts Paid$1,436,724
Total Fundraising Expense$527,230
Professional Fundraising Fees$195,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$526,028$540,621$82,977$1,149,626
Fees for Services Other$567,194$252,761-$819,955
Grants to Domestic Orgs$762,023--$762,023
Foreign Grants$519,161--$519,161
Current Officers, Directors, Trustees, and Key Employees$45,179$105,417$150,595$301,191
Fees for Services Accounting-$204,883-$204,883
Fees for Services Professional Fundraising--$195,000$195,000
Travel$160,456$16,455$6,156$183,067
Grants to Domestic Individuals$155,540--$155,540
Payroll Taxes$52,900$59,467$20,748$133,115
Conferences and Meetings$84,409$8,657$3,239$96,305
Other Employee Benefits$40,426$42,796$9,412$92,634
Information Technology$37,588$38,634$16,367$92,589
Office Expenses$23,689$24,348$10,315$58,352
Pension Plan Contributions$24,066$25,779$6,340$56,185
Occupancy$21,059$11,014$3,935$36,008
Other Expenses$13,159$13,525$5,730$32,414
Fees for Service Investment Mgmnt Fees-$23,596-$23,596
Insurance$4,827$4,962$2,102$11,891
Depreciation Depletion$4,576$4,703$1,993$11,272
All Other Expenses$3,021$3,272$1,241$7,534
Total Functional Expenses$3,090,750$1,535,601$527,230$5,153,581

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,734,203
Total Expenses per Form 990$5,153,581
Expenses per Audited Statements$5,129,985
Expenses Not Reported on Form 990$604,218
Expenses Not Reported on Financial Statements$23,596
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
A Culture of Safety IncNew York, NY501(c)(3)Fiscal Sponsorship Disbursement$614,442
Spotify USA IncNew York, NY-Buffett - Native American Women$50,000
Verified News NetworkBroken Arrow, OK-Buffett - Native American Women$29,309
Nbc Universal Media LLCMiami, FL-Wec - Reproductive Rights Brazil$10,242
Create Genius Media LLCPhiladelphia, PA501(c)(3)Buffett - Fund for Women Journalists$10,000
Green Tide Rising LLCAgora Hills, CA501(c)(3)Wec - Reproductive Rights$10,000
Media Innovation CollaboratoryTallahassee, FL-Coalition Against Online Violence$10,000
New Mexico in DepthRio Rancho, NM-Buffett - Fund for Women Journalists$10,000
Pen America CenterNew York, NY-Coalition Against Online Violence$10,000
Miami Travel World LLCMiami Beach, FL-Wec - Reproductive Rights$7,000

International Summary

Offices
0
Employees
0
Spending
$960,297

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesConsulting00$137,797
EuropeGrants to Recipients in the RegionConsulting, Conferences, Travel00$124,340
North AmericaProgram Services-00$112,372
East Asia and the PacificGrants to Recipients in the RegionConferences, Consulting, Travel00$98,370
South AmericaProgram Services-00$94,960
Central America and the CaribbeanProgram ServicesTravel00$75,950
South AmericaGrants to Recipients in the Region-00$72,842
Sub-saharan AfricaGrants to Recipients in the Region-00$60,095
North AmericaGrants to Recipients in the Region-00$56,079
Central America and the CaribbeanGrants to Recipients in the RegionConferences, Consulting00$55,162
Middle East and North AfricaGrants to Recipients in the RegionConsulting, Travel00$28,438
Middle East and North AfricaProgram ServicesConsulting00$16,473
Russia and the Newly Independent StatesGrants to Recipients in the Region-00$14,140
South AsiaGrants to Recipients in the Region-00$9,694
East Asia and the PacificProgram ServicesConsulting, Travel00$1,768
Sub-saharan AfricaProgram Services-00$1,517
Russia and the Newly Independent StatesProgram Services-00$300
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$601,258
Professional Fundraising Fees$195,000
Fundraising Gross Income$39,985

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Courage Awards$834,075$39,985$464,793$-424,808
Total Events$834,075$39,985$601,258$-561,273
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$30,449
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by outside accountants and reviewed by the executive director. A final copy of 990 is then provided to the full board prior to filing.

Form 990, Part VI, Section B, Line 12C

Conflict of interest rules are written in the iwmf staff policy manual as well as in the board of directors handbook. The board requires each board member and senior staff to annually a) be familiar with the terms of the conflict of interest policy; b) to disclose to the board co-chairs any possible personal, familial, or business relationships that reasonably might give rise to a conflict involving the iwmf; and c) to acknowledge by her or his signature on the disclosure form that she or he is in accordance with the letter and spirit of the policy. The board co-chairs are responsible for the application and implementation of the policy as it relates to board members and the executive director. The executive director is responsible for the application of policy as it relates to staff. Individuals are expected to reveal any conflicts and shall refrain from participating in considerations of proposed transactions unless the board requests information or interpretation for special reason. If a conflict of interest was to arise, the party with the conflict would be forced by the board and/or management to recuse themselves from the decision in question, so that the best interests of the iwmf is the driver of the decision.

Form 990, Part VI, Section B, Line 15A

The board determines the executive director's compensation and reviews her performance annually. The process is also documented. The board co-chairs conducted research to determine the salary level of similar organizations. They discussed compensation at a board meeting and at an executive committee meeting. Compensation is commensurate with similar organizations. The last compensation review took place in july 2024.

Form 990, Part VI, Section C, Line 19

The organization makes its audited financial statements available on its website as part of its annual report. The governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
INTERNATIONAL WOMEN'S MEDIA FOUNDATION
EIN
52-1648942
Phone
2024961992
Address
2002 MASSACHUSETTS AVE NW 1, WASHINGTON, DC 20036
Doing Business As
Iwmf

Signing Officer

Name
Elisa Lees Munoz
Title
Executive Director
Phone
2024961992
Signed
2025-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elisa Lees Munoz
Formed
1989
Legal Domicile
De
Voting Board Members
19
Independent Board Members
19
Employees
17
Volunteers
23

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Elizabeth W Heller
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside services: program service expenses 373,774. Management and general expenses 166,567. Fundraising expenses 0. Total expenses 540,341. Contract services: program service expenses 140,329. Management and general expenses 62,535. Fundraising expenses 0. Total expenses 202,864. Translation/interpretation: program service expenses 11,009. Management and general expenses 4,906. Fundraising expenses 0. Total expenses 15,915. Audio visual: program service expenses 26,187. Management and general expenses 11,670. Fundraising expenses 0. Total expenses 37,857. Photography : program service expenses 8,514. Management and general expenses 3,794. Fundraising expenses 0. Total expenses 12,308. Public relations : program service expenses 7,381. Management and general expenses 3,289. Fundraising expenses 0. Total expenses 10,670.

Financial Statement Notes

PART V, LINE 4:

Endowment to remain intact. Investment earnings are purpose restricted for awards expense.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses reported as an expense on 601,258. The financial statements and netted against revenue on part viii, line 8b.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses reported as an expense on 601,258. The financial statements and netted against revenue on part viii, line 8b.

Raw XML AppendixShowing 400 of 1,163 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE PART III, LINE 1.
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IRS990/Desc0TRAINING AND RESEARCH: THE FOUNDATION SPONSORS TRAINING PROGRAMS. PARTICIPANTS IN THE FOUNDATION'S TRAINING PROGRAMS BECOME HIGHLY SKILLED JOURNALISTS. THEY EARN PROMOTIONS AND AWARDS AS A RESULT OF THE REPORTING SKILLS ACQUIRED THROUGH THE FOUNDATION'S TRAINING PROGRAMS AND BRING POSITIVE CHANGE TO THEIR NEWSROOMS. THE FOUNDATION'S REPORTING FELLOWS BECOME SPECIALISTS THROUGH EXPOSURE TO A WIDE VARIETY OF EXPERTS AND THEY PRODUCE HIGH-QUALITY, IN-DEPTH REPORTING ON ISSUES OF GLOBAL IMPORTANCE THROUGH A GENDERED PERSPECTIVE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4LEGAL COUNCIL
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IRS990/Form990PartVIISectionAGrp/TitleTxt22TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DEPUTY EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR OF PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR, FUND FOR INDIGEN
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