Civic Intelligence

Multicultural Media Telecom and Internet

EIN 52-1880677 • 501(c)3 • Washington, DC

View Organization Page

Profile

The council is dedicated to promoting and preserving equal opportunity and civil rights in the mass media, telecommunications and broadband industries.

1250 Connecticut Ave NW 7th FloorWashington, DC 20036

www.mmtconline.org

Siviq Scores

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

Liabilities / Assets

47th percentile

0.05x

Higher debt load relative to assets than 47% of similar nonprofits.

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

Liabilities / Revenue

46th percentile

0.06x

Higher debt load relative to revenue than 46% of similar nonprofits.

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

Net Margin

29th percentile

-4.8%

Higher net margin than 29% 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

50th percentile

4.0%

Faster asset growth than 50% of similar nonprofits.

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

Revenue Growth

28th percentile

-4.8%

Faster revenue growth than 28% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$1,854,460

Up $71,838 (+4.0%) from 2023

Liabilities

Up

$93,507

Up $62,655 (+203%) from 2023

Net Assets

Up

$1,760,953

Up $9,183 (+0.5%) from 2023

Operations
Liabilities / Revenue46th percentileNet Margin29th percentile

Revenue

Down

$1,560,307

Down $79,114 (-4.8%) from 2023

Expenses

Up

$1,635,717

Up $180,233 (+12%) from 2023

Net Income

Down

-$75,410

Down $259,347 (-141%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,506,584Liabilities 2010: $135,813Net Assets 2010: $5,370,7712010Assets 2011: $2,880,841Liabilities 2011: $88,604Net Assets 2011: $2,792,2372011Assets 2012: $1,652,898Liabilities 2012: $61,400Net Assets 2012: $1,591,4982012Assets 2013: $1,228,412Liabilities 2013: $395,576Net Assets 2013: $832,8362013Assets 2014: $1,240,290Liabilities 2014: $24,959Net Assets 2014: $1,215,3312014Assets 2015: $995,963Liabilities 2015: $372,802Net Assets 2015: $623,1612015Assets 2016: $1,003,704Liabilities 2016: $540,599Net Assets 2016: $463,1052016Assets 2017: $1,064,395Liabilities 2017: $618,575Net Assets 2017: $445,8202017Assets 2018: $928,087Liabilities 2018: $336,293Net Assets 2018: $591,7942018Assets 2019: $1,233,691Liabilities 2019: $598,843Net Assets 2019: $634,8482019Assets 2020: $1,418,382Liabilities 2020: $694,633Net Assets 2020: $723,7492020Assets 2021: $2,287,561Liabilities 2021: $734,349Net Assets 2021: $1,553,2122021Assets 2022: $2,175,293Liabilities 2022: $493,860Net Assets 2022: $1,681,4332022Assets 2023: $1,782,622Liabilities 2023: $30,852Net Assets 2023: $1,751,7702023Assets 2024: $1,854,460Liabilities 2024: $93,507Net Assets 2024: $1,760,9532024

Highlighted filing

2024

Assets$1,854,460
Liabilities$93,507
Net Assets$1,760,953
Open 2024 Filing

Operations Trend

Revenue Growth28th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2010: $2,043,571Expenses 2010: $1,380,799Net Income 2010: $662,7722010Expenses 2011: $2,004,6242011Expenses 2012: $2,216,6062012Revenue 2013: $1,305,719Expenses 2013: $2,469,899Net Income 2013: -$1,164,1802013Revenue 2014: $2,235,199Expenses 2014: $1,928,234Net Income 2014: $306,9652014Revenue 2015: $1,359,255Expenses 2015: $2,011,635Net Income 2015: -$652,3802015Revenue 2016: $1,698,932Expenses 2016: $1,911,932Net Income 2016: -$213,0002016Revenue 2017: $2,008,803Expenses 2017: $2,057,324Net Income 2017: -$48,5212017Revenue 2018: $1,545,086Expenses 2018: $1,363,766Net Income 2018: $181,3202018Revenue 2019: $1,313,344Expenses 2019: $1,383,909Net Income 2019: -$70,5652019Revenue 2020: $1,266,067Expenses 2020: $1,117,727Net Income 2020: $148,3402020Revenue 2021: $1,945,838Expenses 2021: $1,243,142Net Income 2021: $702,6962021Revenue 2022: $1,669,642Expenses 2022: $1,448,020Net Income 2022: $221,6222022Revenue 2023: $1,639,421Expenses 2023: $1,455,484Net Income 2023: $183,9372023Revenue 2024: $1,560,307Expenses 2024: $1,635,717Net Income 2024: -$75,4102024

Highlighted filing

2024

Revenue$1,560,307
Expenses$1,635,717
Net Income-$75,410
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,854,460
Liabilities
$93,507
Net assets
$1,760,953
Revenue
$1,560,307
Expenses
$1,635,717
Net income
-$75,410
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.09$1.76$1.56$1.64$0.08
2023Summary only. Only limited summary data is available for this year.$1.78$0.03$1.75$1.64$1.46$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.49$1.68$1.67$1.45$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.73$1.55$1.95$1.24$0.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.69$0.72$1.27$1.12$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.60$0.63$1.31$1.38$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.34$0.59$1.55$1.36$0.18
2017Summary only. Only limited summary data is available for this year.$1.06$0.62$0.45$2.01$2.06$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.54$0.46$1.70$1.91$0.21
2015Detailed filing. Detailed filing data is available for this year.$1.00$0.37$0.62$1.36$2.01$0.65
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.02$1.22$2.24$1.93$0.31
2013Detailed filing. Detailed filing data is available for this year.$1.23$0.40$0.83$1.31$2.47$1.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.06$1.59$2.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.09$2.79$2.00
2010Summary only. Only limited summary data is available for this year.$5.51$0.14$5.37$2.04$1.38$0.66
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 20, 2023
Return Version
2022v5.0
Gross Receipts
$1,708,811
Mission and Program Overview

Mission

The council is dedicated to promoting and preserving equal opportunity and civil rights in the mass media, telecommunications and broadband industries.

The council is dedicated to promoting and preserving equal opportunity and civil rights in the mass media, tele- communications & broadband industries and closing the digital divide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$873,048$964,650▲ $91,602
Investments in Publicly Traded Securities$1,033,944$901,372▼ $132,572
Pledges and Grants Receivable$373,450$297,500▼ $75,950
Intangible Assets$2,300$2,300→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,287,561$2,175,293▼ $112,268
Other Assets Total$4,819$9,471▲ $4,652
Liabilities
Other Liabilities$372,588$256,499▼ $116,089
Deferred Revenue$350,000$225,000▼ $125,000
Accounts Payable and Accrued Expenses$11,761$12,361▲ $600
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$734,349$493,860▼ $240,489
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,411,212$1,552,433▲ $141,221
Net Assets With Donor Restrictions$142,000$129,000▼ $13,000
Total Net Assets Fund Balance$1,553,212$1,681,433▲ $128,221
Total Liabilities and Net Assets / Fund Balance$2,287,561$2,175,293▼ $112,268

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$29,618$29,618
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert BransonPresidentFT$222,500$17,633$222,500
Fallon WilsonVP PolicyFT$160,000$8,053$160,000
David E HonigPresident Emeritus - F/tFT$117,500$16,614$134,114
Danielle DavisEmployeeFT$123,750$4,467$128,217

Board Members and Trustees

NameTitle
Dr Ronald JohnsonChair & Treasurer - P/t
Hon Henry M RiveraChair Emeritus - P/t
Erwin KrasnowVice Chair - P/t
Hon Deborah Taylor TateVice Chair - P/t
Andrew SchwartzmanDirector - P/t
Dr Jannette DatesDirector - P/t
Francisco MonteroDirector - P/t
Leo HinderyDirector - P/t
Nicolaine LazarreDirector - P/t
Brent WilkesDirector-p/t
Raul AlacronDirector-p/t
Rodney SampsonDirector-p/t
Steven C RobertsDirector-p/t
Ari Q FitzgeraldSecretary- P/t
Revenue and Support

Revenue Composition

Contributions and Grants
$1,219,300
Program Service Revenue
$348,325
Investment Income
$102,017
Other Revenue
$0
All Other Contributions
$1,219,300
Change in Net Assets
$221,622

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,669,642
Revenue Not Reported on Form 990
$-93,401
Total Revenue per Audited Statements
$1,576,241
Total Revenue per Form 990
$1,669,642
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$911,923
Other Expenses$427,097
Grants and Similar Amounts Paid$109,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$370,175$65,325-$435,500
Current Officers, Directors, Trustees, and Key Employees$289,000$51,000$0$340,000
Grants to Domestic Individuals$109,000--$109,000
Fees for Services Accounting$59,534$19,844-$79,378
Other Employee Benefits$67,294$11,875-$79,169
Payroll Taxes$48,666$8,588-$57,254
Occupancy$45,116$0-$45,116
Interest-$25,096-$25,096
Office Expenses$18,981$3,350-$22,331
Advertising$20,000$0-$20,000
All Other Expenses$9,149$6,446-$15,595
Insurance$12,175--$12,175
Other Expenses$10,567$0-$10,567
Fees for Services Legal$1,208$403-$1,611
Total Functional Expenses$1,253,519$194,501$0$1,448,020

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,448,020
Total Expenses per Audited Statements$1,448,020
Total Expenses per Form 990$1,448,020
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Margin Loan$256,499
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
Yes
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, Line 11

“Tax return and financial statements are submitted to the treasurer for approval.”

Form 990, Part VI, Line 15A

“Due to the small nature of the organization, there is no formal policy. Decisions regarding the compensation of the ceo, executive director and top management officials are made based on managements knowledge and understanding of the current market.”

Form 990, Part VI, Line 19

“Governing documents and financial statements are provided upon request.”

FORM 990, PART VI, LINE 12C

“Officers, directors, trustees and key employees are required to immediately disclose new relationships or activities to determine if there are potential conflicts.”

Form 990, Part VI, Line 15B

“Due to the small nature of the organization, there is no formal policy. Decisions regarding the compensation of other officers and key employees are made based on managements knowledge and understanding of the current market.”

Filing and Contact Details

Filer

Filer Name
Multicultural Media Telecom & Internet
EIN
52-1880677
In Care Of
% GRODSKY CAPORRINO & KAUFMAN
Phone
2022616543
Address
1250 Connecticut Ave NW 7th Floor, Washington, DC 20036

Signing Officer

Name
Robert Branson
Title
President and CEO
Phone
5168295559
Signed
2023-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert E Branson Pres CEO
Formed
1994
Legal Domicile
Dc
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
5

Preparer

Firm
Grodsky Caporrino & Kaufman Llp
Address
300 JERICHO QUADRANGLE SUITE 110, JERICHO, NY 11753
Phone
5168295559
Supplemental Narrative

Financial Statement Notes

Part X Line 2

“Management has determined that the organization does not have any uncertain tax positions that materially impact the financial statements or related disclosures.”

Part XI Line 2D

“ROUNDING”

Raw XML AppendixShowing 400 of 721 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.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE COUNCIL IS DEDICATED TO PROMOTING AND PRESERVING EQUAL OPPORTUNITY AND CIVIL RIGHTS IN THE MASS MEDIA, TELE- COMMUNICATIONS & BROADBAND INDUSTRIES AND CLOSING THE DIGITAL DIVIDE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
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IRS990/AdvertisingGrp/TotalAmt020000
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IRS990/DepreciationDepletionGrp/TotalAmt00
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IRS990/ProgSrvcAccomActy2Grp/Desc0MMTC CONVENES CONFERENCES AND SUMMITS TO EDUCATE AND TRAIN SOCIAL JUSTICE ADVOCATES IN ORDER TO ADVANCE DIVERSITY IN THE MEDIA, TELECOMMUNICATION INDUSTRIES AND TECHNOLOGY.

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