INDEPENDENT WORLD TELEVISION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
INDEPENDENT WORLD TELEVISION INC (EIN 01-0808098)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202333199349304978
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-15T10:16:14-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN264694278PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GOLDIN GROUP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14500 EAST-WEST HWY 710AddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010808098EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INDEPENDENT WORLD TELEVISION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINDEBusinessNameControlTxt
Phone4108004295PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 HOLLIDAY STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJONATHAN KEENPersonNm
Person TitleCFOPersonTitleTxt
Phone3019130008PhoneNum
Signature2023-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJONATHANPersonFirstNm
Person LastKEENPersonLastNm
FieldValueIRS element (for citing)
SSN888008888SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAVIER GOLDINPreparerPersonNm
PTINP01019482PTIN
Phone3019130008PhoneNum
Preparation2023-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1THE REAL NEWS NETWORKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerJONATHAN KEENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 HOLLIDAY STAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,526,986GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THEREALNEWS.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionIMPROVE LIVES BY INVESTIGATING, REPORTING AND DEBATING STORIES THAT HELP SOCIETY BETTER UNDERSTAND CRITICAL ISSUES OF OUR TIME.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee20TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$3,129,098PYContributionsGrantsAmt
CY Contributions Grants$2,486,916CYContributionsGrantsAmt
PY Program Service Revenue$965PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$574PYInvestmentIncomeAmt
CY Investment Income$4,726CYInvestmentIncomeAmt
PY Other Revenue$3,388PYOtherRevenueAmt
CY Other Revenue$35,344CYOtherRevenueAmt
PY Total Revenue$3,134,025PYTotalRevenueAmt
CY Total Revenue$2,526,986CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,475,903PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,503,099CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,162,408PYOtherExpensesAmt
CY Other Expenses$1,065,898CYOtherExpensesAmt
PY Total Expenses$2,638,311PYTotalExpensesAmt
CY Total Expenses$2,568,997CYTotalExpensesAmt
PY Revenues Less Expenses$495,714PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$42,011CYRevenuesLessExpensesAmt
Total Assets BOY$8,183,946TotalAssetsBOYAmt
Total Assets EOY$1,532,706TotalAssetsEOYAmt
Total Liabilities BOY$556,788TotalLiabilitiesBOYAmt
Total Liabilities EOY$147,746TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,627,158NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,384,960NetAssetsOrFundBalancesEOYAmt
MissionIMPROVE LIVES BY INVESTIGATING, REPORTING AND DEBATING STORIES THAT HELP SOCIETY BETTER UNDERSTAND CRITICAL ISSUES OF OUR TIME.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,165,683ExpenseAmt
DescPROVIDE A NEWS NETWORK THAT DEFENDS THE PUBLIC INTEREST AND THE HIGHEST STANDARD OF JOURNALISM INDEPENDENT OF CORPORATE AND GOVERNMENT FUNDING OR COMMERCIAL ADVERTISING.Desc
Total Program Service Expenses$2,165,683TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document47IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee20EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGOLDIN GROUP LLCPersonNm
Phone2407602501PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14500 EAST-WEST HWYAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JOHN DUDA
EXECUTIVE DI40.00Yes (X)$119,964$0$0
JONATHAN KEEN
CFO60.00Yes (X)$117,758$0$0
MAXIMILLIAN L ALVAREZ
EDITOR-IN-CH60.00$101,434$0$0Yes (X)
BILL FLETCHER
DIRECTOR2.00$0$0$0Yes (X)
ZIGGY WEST JEFFREY
BOARD CO-CHA2.00$0$0$0Yes (X)
ROBERT LANG
CHAIR OF THE5.00$0$0$0Yes (X)
CATHERINE MURPHY
DIRECTOR2.00$0$0$0Yes (X)
SUSAN NESTADT
BOARD OF DIR2.00$0$0$0Yes (X)
JESSICA ROSE
DIRECTOR2.00$0$0$0Yes (X)
TM SCRUGGS
BOARD OF DIR2.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$339,156TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$417,237GovernmentGrantsAmt
All Other Contributions$2,069,679AllOtherContributionsAmt
Total Contributions$2,486,916TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,726TotalRevenueColumnAmt
Related Or Exempt Func Income$4,726RelatedOrExemptFuncIncomeAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$966TotalRevenueColumnAmt
Related Or Exempt Func Income$966RelatedOrExemptFuncIncomeAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$34,378RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$34,378RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$34,378TotalRevenueColumnAmt
Related Or Exempt Func Income$34,378RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,526,986TotalRevenueColumnAmt
Related Or Exempt Func Income$40,070RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$237,722TotalAmt
Program Services$107,917ProgramServicesAmt
Management And General$129,805ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$987,769TotalAmt
Program Services$914,623ProgramServicesAmt
Management And General$73,146ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$26,021TotalAmt
Program Services$18,766ProgramServicesAmt
Management And General$7,255ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$151,321TotalAmt
Program Services$99,844ProgramServicesAmt
Management And General$51,477ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$100,266TotalAmt
Program Services$80,794ProgramServicesAmt
Management And General$19,472ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,962TotalAmt
Program Services$2,110ProgramServicesAmt
Management And General$2,852ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$74,099TotalAmt
Program Services$61,604ProgramServicesAmt
Management And General$12,495ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$489,124TotalAmt
Program Services$482,468ProgramServicesAmt
Management And General$6,656ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,725TotalAmt
Program Services$5,679ProgramServicesAmt
Management And General$3,046ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$219,626TotalAmt
Program Services$189,565ProgramServicesAmt
Management And General$30,061ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$52,175TotalAmt
Program Services$46,005ProgramServicesAmt
Management And General$6,170ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$125,993TotalAmt
Program Services$82,070ProgramServicesAmt
Management And General$43,923ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$26,296TotalAmt
Program Services$14,653ProgramServicesAmt
Management And General$11,643ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,467TotalAmt
Program Services$1,117ProgramServicesAmt
Management And General$350ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$33,998TotalAmt
Program Services$33,998ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$29,433TotalAmt
Program Services$24,470ProgramServicesAmt
Management And General$4,963ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,568,997TotalAmt
Program Services$2,165,683ProgramServicesAmt
Management And General$403,314ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,706,939BOYAmt
EOY$1,412,259EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,213BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$13,782EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$3,674,809BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$206,173LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$99,508LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,795,985BOYAmt
EOY$106,665EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,183,946BOYAmt
EOY$1,532,706EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$139,551BOYAmt
EOY$147,746EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$417,237BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$556,788BOYAmt
EOY$147,746EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,627,158BOYAmt
EOY$1,384,960EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,627,158BOYAmt
EOY$1,384,960EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,183,946BOYAmt
EOY$1,532,706EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$42,011ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$6,200,187PriorPeriodAdjustmentsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,213,050CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,086,097CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,281,797CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,129,098CurrentTaxYearMinus1YearAmt
Current Tax Year$2,486,916CurrentTaxYearAmt
Total$17,196,958TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,213,050CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,086,097CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,281,797CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,129,098CurrentTaxYearMinus1YearAmt
Current Tax Year$2,486,916CurrentTaxYearAmt
Total$17,196,958TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$12,092,450SubstantialContributorsTotAmt
Public Support Total170$5,104,508PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$166,721CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$115,967CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$32,507CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$574CurrentTaxYearMinus1YearAmt
Current Tax Year$5,692CurrentTaxYearAmt
Total$321,461TotalAmt
FieldValueIRS element (for citing)
Total Support$17,518,419TotalSupportAmt
Gross Receipts Rltd Activities$177,039GrossReceiptsRltdActivitiesAmt
Public Support CY1700.29140PublicSupportCY170Pct
Public Support PY1700.22870PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestTHE REAL NEWS NETWORK IS A VIEWER-SUPPORTED, NONPROFIT NEWS NETWORK COMMITTED TO BRINGING RADICAL, INDEPENDENT JOURNALISM. THE ORGANIZATION IS ORGANIZED AND OPERATED IN A MANNER TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINUOUS BASIS. IT SOLICITS THE SUPPORT FROM GENERAL PUBLIC TO CONDUCT ITS CHARITABLE ACTIVITIES.IN 2022 ALL CONTRIBUTIONS CAME FROM THE GENERAL PUBLIC AND SECTION 170(B)(1)(A)(VI) ORGANIZATIONS EXCEPT FOR TWO LARGE CONTRIBUTIONS WHICH BROUGHT THE PUBLIC SUPPORT PERCENTAGE BELOW 33.33%. THE ORGANIZATION MAINTAINS SUCH BOARD OF DIRECTORS THAT REPRESENTS AND ENGAGES BROAD INTEREST OF THE PUBLIC.FactsAndCircumstancesTestTxt

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 17AFormAndLineReferenceDesc
ExplanationTHE REAL NEWS NETWORK IS A VIEWER-SUPPORTED, NONPROFIT NEWS NETWORK COMMITTED TO BRINGING RADICAL, INDEPENDENT JOURNALISM. THE ORGANIZATION IS ORGANIZED AND OPERATED IN A MANNER TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINUOUS BASIS. IT SOLICITS THE SUPPORT FROM GENERAL PUBLIC TO CONDUCT ITS CHARITABLE ACTIVITIES.IN 2022 ALL CONTRIBUTIONS CAME FROM THE GENERAL PUBLIC AND SECTION 170(B)(1)(A)(VI) ORGANIZATIONS EXCEPT FOR TWO LARGE CONTRIBUTIONS WHICH BROUGHT THE PUBLIC SUPPORT PERCENTAGE BELOW 33.33%. THE ORGANIZATION MAINTAINS SUCH BOARD OF DIRECTORS THAT REPRESENTS AND ENGAGES BROAD INTEREST OF THE PUBLIC.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$22,026OtherCostOrOtherBasisAmt
Book Value$22,026BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$184,147OtherCostOrOtherBasisAmt
Depreciation$99,508DepreciationAmt
Book Value$84,639BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$106,665TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$2,787,469TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$260,483DonatedServicesAndUseFcltsAmt
Revenue Not Reported$260,483RevenueNotReportedAmt
Revenue Subtotal$2,526,986RevenueSubtotalAmt
Total Revenue Per Form990$2,526,986TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,829,480TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$260,483DonatedServicesUseFcltsAmt
Expenses Not Reported$260,483ExpensesNotReportedAmt
Expenses Subtotal$2,568,997ExpensesSubtotalAmt
Total Expenses Per Form990$2,568,997TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BTHE 990 IS SHARED WITH MEMBERS OF THE FINANCE COMMITTEE BEFORE FILING. IT IS AVAILABLE AT ALL TIMES TO MEMBERS OF THE BOARD OF DIRECTOR FOR COMMENT AFTER FILING. AT THE END OF THE FISCAL YEAR, THE OUTSIDE CPA WILL PREPARE THE ANNUAL RETURN FOR ORGANIZATION EXEMPT FROM INCOME TAX (IRS FORM 990). THE RETURN WILL BE PRESENTED TO THE EXCUTIVE DIRECTORS FOR THEIR REVIEW AND APPROVAL. THE OUTSIDE CPA WILL THEN FILE THE RETURN WITH THE INTERNAL REVENUE SERVICE BY THE ANNUAL DEADLINE.
FORM 990, PAGE 6, PART VI, LINE 12CBOARD MEMBERS ARE REQUESTED TO DISCLOSE SUCH INFOMRATION.
FORM 990, PAGE 6, PART VI, LINE 15ABOD APPROVED, AND BASED ON WAGE SCALE OF COMPATIBLE ORGANIZATIONS.
FORM 990, PAGE 6, PART VI, LINE 19AVAILABLE UPON WRITTEN REQUEST.
FORM 990, PART IX, LINE 11GCONTRACTOR EXPENSES:LONG-TERM 159,808 0 0 CONTRACTOR EXPENSES:FREELANCE 211,070 0 0 CONTRACT SERVICES:VISUAL SERV 40,334 0 0 CONTRACT SERVICES:TRANSCRIPTI 22,303 0 0 CONTRACT SERVICES:EMAIL SERVI 13,473 0 0 CONTRACT SERVICES:CONSULTANTS 8,128 0 0 CONTRACT SERVICES:SUPPORT SER 27,352 4,718 0 OPERATIONS:PAYROLL PROCESSING 0 1,938 0 TOTAL 482,468 6,656 0

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
IBT MANAGEMENT CO LLC
231 HOLIDAY STBALTIMOREMD21202815462299MANAGEMENTMDIWTfalsefalse
IBTLLC
231 HOLIDAY STBALTIMOREMD21202815482640RESTAURANTMDIBT MGMTfalsefalse

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE BALTIMORE STUDIOS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1231 HOLIDAY STAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21202ZIPCd
FieldValueIRS element (for citing)
EIN464799497EIN
Primary ActivitiesFILM PRODUPrimaryActivitiesTxt
Legal Domicile StateMDLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1IWTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeC CORPEntityTypeTxt
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgYes (true)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1IBT CO LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeJTransactionTypeTxt
Involved$27,878InvolvedAmt
Method Of Amount DeterminationRENTAL FEESMethodOfAmountDeterminationTxt

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