MEDIA DEVELOPMENT INVESTMENT FUND INC

NEW YORK, NY, 10011-3716 (212) 807-1304 Est. 1995 EIN 13-4052259
T20— Philanthropy & Grantmaking Form 990 501(c)(3)
WWW.MDIF.ORG

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.

Financials

Total Revenue
$14,728,288
Total Expenses
$13,882,026
Net Assets
$34,289,307
10 employees 7 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
2.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 16.9%
Expenses ↓ 6.6%
Revenue Sources
Contributions 78.3% Earned revenue 15.5% Investment 4.1% Other 2.0%
Expense Breakdown
Program 83.5% Management 14.7% Fundraising 1.8%

Officers & Key Employees (17)

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Grants Received (6)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 Form 990$14,728,288 $13,882,026$34,289,307
2023 Form 990$17,721,633 $14,856,496$37,349,845
2022 Form 990$26,183,313 $10,711,361$35,108,681
2020 Form 990$10,012,583 $11,535,736$17,691,882
2018 Form 990$7,136,386 $12,733,603$18,168,480

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EIN: 13-4052259 · Source: IRS Form 990 e-file data