2011-11-09T11:08:47-06:00 2010-12-31 Kemper CPA Group LLP 1701 Broadmoor Suite 120 Champaign IL 61821 990 2010-01-01 371403593 Urbana-Champaign Independent Media Center Foundation URBA 2173448820 202 S Broadway Ave No 100 Urbana IL 61801 Durl Kruse 2173448820 2011-11-08 1 John S Knoblett CPA 2173512073 2011-11-08 2010 2016-02-24 21:20:13Z Mike Lehman 608 E Green St Urbana IL 61802 394893 0 X www.ucimc.org X 2000 IL To foster the creation of news, programs, art, and narratives by community members whose perspectives are not represented in the dominant media; to publish grassroots media products through existing media outlets and by developing new, not-for-profit avenues for distribution; and to promote individual and community empowerment through technical training in media production and general affairs education programs. 6 6 21 1200 29040 -26001 150808 282220 90974 51594 1412 637 9161 60442 252355 394893 0 0 0 0 27969 146532 0 0 2007 197659 191317 225628 337849 26727 57044 462921 500586 237976 218597 224945 281989 X To foster the creation of news, programs, art, and narratives by community members whose perspectives are not represented in the dominant media; to publish grassroots media products through existing media outlets and by developing new, not-for-profit avenues for distribution; and to promote individual and community empowerment through technical training in media production and general affairs education programs. 0 0 242931 52231 Media production, media distribution and education 58290 The Foundation acts as a Fiscal Sponsor of other programs supporting similar purposes. 301221 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 21 0 1 1 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 IL X X Durl Kruse 2173448820 202 S Broadway Ave Suite 100 Urbana IL 61801 Mike Lehman 2.00 X X 0 0 0 Molly Stentz 2.00 X 0 0 0 Durl Kruse 2.00 X X 0 0 0 Sascha Meinrath 2.00 X 0 0 0 Brian Hagy 2.00 X 0 0 0 Dr Robert McChesney 2.00 X 0 0 0 Carol Ammons 40.00 X 18696 0 0 18696 0 0 0 0 0 0 0 140791 141429 282220 Media and Arts Center 515100 24931 24931 Member Spage Usage 515100 14489 14489 Books to Prisoners 900099 12174 12174 51594 637 637 29040 29040 29040 29040 Misc Income 900099 31402 31402 31402 394893 83633 29040 0 21130 21130 99841 99841 17478 17478 8083 8083 11812 11812 7047 7047 23211 19525 1679 2007 45536 45536 3128 3128 10738 10738 9114 9114 Bicycle restoration and 27159 27159 Other Program Expenses 22873 22873 IndyKids project 12119 12119 UP Center project 7916 7916 Taxes 7039 7039 3625 3625 337849 301221 34621 2007 24005 13459 145185 147483 14239 41739 312459 51055 267189 261404 12303 35772 0 729 462921 500586 28408 17076 198483 189306 11085 12215 237976 218597 X 92752 181032 132193 100957 224945 281989 462921 500586 57044 0 X X 0 1 1 X 0 X 182398 195592 200599 222352 321100 1122041 182398 195592 200599 222352 321100 1122041 1122041 3848 3721 -924 5874 637 13156 -2010 207 -1803 14540 23199 35038 28384 43576 144737 1278131 0.87790 0.87810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 300651 41236 259415 11808 9819 1989 261404 Deposits 12215 12215 394893 337849 57044 0 57044 394893 0 394893 0 394893 337849 0 337849 0 337849 Description of Uncertain Tax Positions Under FIN 48: Part X: The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for calendar year Form 990, Part VI, Section B, line 11 The Form 990 is reviewed by the whole board and approved prior to filing. Form 990, Part VI, Section C, line 19 All documents are available upon request. PART XII, LINE 2C The Finance Committee reviews the audit report prior to submission and has sufficient understanding of accounting to take responsibility for the financial statements.