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Filing year 2024

FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC

Katonah, New York·EIN 22-2635292·NTEE A30K · Arts, Culture & Humanities·501(c)(3)
Total revenue
$1.6M
Total assets
$3.4M
Total expenses
$2M
Reported officers
7
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in New York.

CEO
75th to 90th percentile
$266k
$287k
Base
$249k
Bonus
$15k
Other
$2k
Benefits
COO
Median to 75th percentile
$172k
$186k
Base
$168k
Bonus
$2k
Other
$2k
Benefits
VP Business
Vice President
Median to 75th percentile
$155k
$168k
Base
$151k
Bonus
$2k
Other
$2k
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC equaled 13% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
13%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 8%
from 2023

From $245k in 2023 to $266k in 2024.

$245k
2023
$266k
2024
In today's dollarsEst.
Up 4% in real terms$275k to $287k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue fell 22%.

$245k in 2023 to $266k in 2024.
  • Chief Operating Officer pay rose 8% from 2023 to 2024.
  • Vice President pay rose 10% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC

What does the Chief Executive Officer of FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC earn?

In 2024, the Chief Executive Officer of FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC received $265,856 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Arts, Culture & Humanities organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in New York, the 2024 pay of the Chief Executive Officer at FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC equaled 13% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC's revenue and expenses?

In 2024, FOUNDATION FOR MINORITY INTERESTS IN MEDIA INC reported $1.6M in total revenue and $2M in total expenses on its IRS Form 990.

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