NonprofitsIndependent Media Initiative Inc

Arts, Culture & Humanities

Independent Media Initiative Inc

AUSTIN, TX

Total revenue

$1.5M

Total expenses

$1.3M

Net assets

$199K

Grants received

$1.3M

4 grants

EIN

884067747

Tax year

2024

Mission

To support online content creators who share educational content on social media platforms.

Programs

1 program

IMI Fest, produced by the Independent Media Initiative (IMI), is a pioneering annual event dedicated to celebrating independent media creators who produce and share their work online. The festival, held each November, brings together a diverse group of independent creators, educators, storytellers, and industry professionals from various disciplines, genres, and formats for a weekend focused on discovery, inspiration, and innovation. IMI Fest offers a rich array of workshops, exhibits, performances, panels, and screenings designed to foster community, connection, and professional development within the independent media ecosystem. A highlight of the festival is the presentation of the IMI Awards, the first prestige award created specifically to honor excellence in independent media.

Expenses: $463KGrants: $263K

Financials

FY 2024

Revenue

Contributions & grants$1.5M
Program service revenue
Investment income
Other revenue
Total revenue$1.5M

Expenses

Grants paid$414K
Salaries & benefits$352K
Fundraising$59K
Other expenses$555K
Total expenses$1.3M
Total assets$323K
Net assets$199K

People

5 listed

NameRoleCompensation

Stuart Sevier

Chair, Executive Director

Board

$121K

40 hrs/wk

Obinna Osuorji

Treasurer, Operations Director

Board

$4K

40 hrs/wk

Elaine Sevier

Secretary

Board

1 hrs/wk

Jacob Bartok

Director

Board

1 hrs/wk

Corey Harris

Director

Board

1 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$30K
FOR GENERAL SUPPORT
2024
$1.2M
General Purpose
2023
$26K
NA-SEPARATION
2023
$20K
FOR GENERAL SUPPORT
2023

Funded by

$1.3M from 3 funders · 4 grants · 2023–2024

The Shanahan Family Charitable

$1.2M · 1 grant · 2023

John Templeton Foundation

$50K · 2 grants · 2023–2024

Community Partners

$26K · 1 grant · 2023

Details

EIN884067747
NTEE codeA30
Subsection03
Ruling date2023-02
Formed2022
Employees8
Volunteers3
INDEPENDENT MEDIA INITIATIVE INC — Mission, Financials & Grants Received | Grantivo