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Filing year 2023

MEDIA DEVELOPMENT INVESTMENT FUND INC

New York, New York·EIN 13-4052259·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$17.7M
Total assets
$55.7M
Total expenses
$14.9M
Reported officers
18
Mission

MDIF PROVIDES AFFORDABLE FINANCING AND TECHNICAL ASSISTANCE TO INDEPENDENT NEWS AND INFORMATION ORGANIZATIONS IN CHALLENGING ENVIRONMENTS, HELPING THEM TO BECOME FINANCIALLY SUSTAINABLE. SEE SCHEDULE O FOR CONTINUATION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

Chief Executive Officer
75th to 90th percentile
$401k
$450k
Base
$307k
Bonus
Other
$4k
Benefits
$46k
Chief Financial Officer
75th to 90th percentile
$272k
$305k
Base
$234k
Bonus
Other
$2k
Benefits
Secretary/general Counsel
Secretary (Operational)
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$247k
$277k
Base
$194k
Bonus
Other
$2k
Benefits
$23k
Controller
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$192k
$215k
Base
$126k
Bonus
Other
$512
Benefits
$46k
Chief Strategy Officer
Highest Compensated Employee
Median to 75th percentile
$190k
$214k
Base
$190k
Bonus
Other
Benefits
Managing Director
Highest Compensated Employee
Median to 75th percentile
$180k
$202k
Base
$128k
Bonus
Other
$2k
Benefits
$30k
Chief of Staff
Highest Compensated Employee
Median to 75th percentile
$172k
$193k
Base
$124k
Bonus
Other
$169
Benefits
$35k
Chief Investment Officer
Key Employee
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$167k
$188k
Base
$167k
Bonus
Other
Benefits
Program Director
Director (Operational)
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$149k
$167k
Chief Operating Officer
10th to 25th percentile
$102k
$115k

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 8 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MEDIA DEVELOPMENT INVESTMENT FUND INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking 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.

Among peers

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

FAQ

Common questions about MEDIA DEVELOPMENT INVESTMENT FUND INC

What does the Chief Executive Officer of MEDIA DEVELOPMENT INVESTMENT FUND INC earn?

In 2023, the Chief Executive Officer of MEDIA DEVELOPMENT INVESTMENT FUND INC received $400,674 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking 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 MEDIA DEVELOPMENT INVESTMENT FUND INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2023 pay of the Chief Executive Officer at MEDIA DEVELOPMENT INVESTMENT FUND INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MEDIA DEVELOPMENT INVESTMENT FUND INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MEDIA DEVELOPMENT INVESTMENT FUND INC's revenue and expenses?

In 2023, MEDIA DEVELOPMENT INVESTMENT FUND INC reported $17.7M in total revenue and $14.9M in total expenses on its IRS Form 990.

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