Media Development Investment Fund Inc
Media Development Investment Fund Inc shows strong asset growth and no reported officer compensation, despite fluctuating revenues.
EIN: 134052259 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.7M |
| Total Expenses | $14.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $37.3M |
| Transparency Score | 85/100 |
Is Media Development Investment Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Media Development Investment Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Media Development Investment Fund Inc
Media Development Investment Fund Inc (EIN: 134052259) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $14.7M and total assets of $53.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Media Development Investment Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Media Development Investment Fund Inc is a large nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.7M |
| Total Expenses | $14.9M |
| Surplus / Deficit | +$2.9M |
| Total Assets | $55.7M |
| Total Liabilities | $18.4M |
| Net Assets | $37.3M |
| Operating Margin | 16.2% |
| Debt-to-Asset Ratio | 33.0% |
| Months of Reserves | 45.0 months |
Financial Health Grade: A
In 2023, Media Development Investment Fund Inc reported a surplus of $2.9M with revenue exceeding expenses, holds 45.0 months of operating reserves (strong position), has a debt-to-asset ratio of 33.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Media Development Investment Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.3% | +38.7% | +7.0% |
| 2022 | +187.4% | -3.7% | +57.0% |
| 2021 | -9.0% | -3.5% | +3.7% |
| 2020 | +42.4% | +16.2% | -5.8% |
| 2019 | -1.5% | -22.1% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Media Development Investment Fund Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Media Development Investment Fund Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.0%.
Executive Compensation Analysis
Media Development Investment Fund Inc reports 0% officer compensation across all available filings, indicating that its executives are either unpaid or compensated through other means not classified as officer compensation on the 990, which is highly unusual for an organization of its size with assets exceeding $50 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Media Development Investment Fund Inc's IRS 990 filings:
- 0% officer compensation reported across all filings, which is highly unusual for an organization of this size and could indicate compensation is structured in a less transparent manner or that key leadership is entirely volunteer-based.
- Significant fluctuations in annual revenue (e.g., $26.1M in 2022 down to $17.7M in 2023), which could indicate reliance on variable funding sources.
Strengths
The following positive indicators were identified for Media Development Investment Fund Inc:
- Consistent asset growth, from $32 million in 2020 to $55.7 million in 2023, indicating strong financial management and stability.
- Positive net income in most recent years (e.g., 2022 and 2023), demonstrating the ability to operate within or below its revenue.
- No reported officer compensation, which can be seen as a positive for donor confidence regarding executive pay.
- Long and consistent IRS 990 filing history (13 filings), indicating good compliance and transparency.
Frequently Asked Questions about Media Development Investment Fund Inc
Is Media Development Investment Fund Inc a legitimate charity?
Media Development Investment Fund Inc (EIN: 134052259) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $14.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Media Development Investment Fund Inc spend its money?
Media Development Investment Fund Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Media Development Investment Fund Inc tax-deductible?
Media Development Investment Fund Inc is registered as a tax-exempt nonprofit (EIN: 134052259). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Media Development Investment Fund Inc CEO make?
Media Development Investment Fund Inc's highest-compensated officer earns $50 annually. The organization reported $14.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Media Development Investment Fund Inc's spending goes to programs?
Media Development Investment Fund Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Media Development Investment Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Media Development Investment Fund Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Media Development Investment Fund Inc located?
Media Development Investment Fund Inc is headquartered in New York, New York and files with the IRS under EIN 134052259. It is classified under NTEE code T20.
How many years of IRS 990 filings does Media Development Investment Fund Inc have?
Media Development Investment Fund Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $14.7M in total revenue.
Is Media Development Investment Fund Inc a good charity?
Based on the available data, MDIF appears to be a financially stable organization with growing assets and no reported officer compensation, which are positive indicators. Its mission focus on media development, while not a direct service, is a recognized area of philanthropic support. The lack of detailed functional expense breakdowns makes a definitive 'good charity' assessment challenging without further information on program impact.
How does MDIF manage its executive compensation?
MDIF consistently reports 0% officer compensation on its IRS 990 filings. This suggests that either its officers are volunteers, or their compensation is structured in a way that is not reported in the 'Officer, Directors, Trustees, Key Employees, and Highest Compensated Employees' section of the 990, which is uncommon for an organization of this scale.
What is the trend in MDIF's financial health?
MDIF's financial health shows a positive trend in asset growth, from $32 million in 2020 to $55.7 million in 2023. While revenue has fluctuated, expenses have generally been managed effectively, leading to consistent net asset increases in recent years (e.g., $26.1M revenue vs $10.7M expenses in 2022, and $17.7M revenue vs $14.8M expenses in 2023).
Filing History
IRS 990 filing history for Media Development Investment Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Media Development Investment Fund Inc's revenue has grown by 188.3%, moving from $6.1M to $17.7M. Total assets increased by 5.6% over the same period, from $52.8M to $55.7M. Total functional expenses rose by 160.7%, from $5.7M to $14.9M. In its most recent filing year (2023), Media Development Investment Fund Inc reported a surplus of $2.9M, with revenue exceeding expenses. The organization holds $18.4M in liabilities against $55.7M in assets (debt-to-asset ratio: 33.0%), resulting in net assets of $37.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.7M | $14.9M | $55.7M | $18.4M | — | — |
| 2022 | $26.2M | $10.7M | $52.1M | $17.0M | — | View 990 |
| 2021 | $9.1M | $11.1M | $33.2M | $13.8M | — | View 990 |
| 2020 | $10.0M | $11.5M | $32.0M | $14.3M | — | View 990 |
| 2019 | $7.0M | $9.9M | $34.0M | $15.0M | — | View 990 |
| 2018 | $7.1M | $12.7M | $34.8M | $16.7M | — | View 990 |
| 2017 | $9.6M | $6.8M | $38.7M | $14.7M | — | View 990 |
| 2016 | $7.6M | $6.5M | $40.3M | $17.5M | — | View 990 |
| 2015 | $9.6M | $5.3M | $38.9M | $17.9M | — | View 990 |
| 2014 | $3.8M | $5.9M | $40.8M | $19.1M | — | View 990 |
| 2013 | $4.9M | $6.3M | $47.2M | $20.5M | — | View 990 |
| 2012 | $3.1M | $6.7M | $56.4M | $25.5M | — | View 990 |
| 2011 | $6.1M | $5.7M | $52.8M | $16.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.7M, expenses of $14.9M, and assets of $55.7M (revenue -32.3% year-over-year).
- 2022: Revenue of $26.2M, expenses of $10.7M, and assets of $52.1M (revenue +187.4% year-over-year).
- 2021: Revenue of $9.1M, expenses of $11.1M, and assets of $33.2M (revenue -9.0% year-over-year).
- 2020: Revenue of $10.0M, expenses of $11.5M, and assets of $32.0M (revenue +42.4% year-over-year).
- 2019: Revenue of $7.0M, expenses of $9.9M, and assets of $34.0M (revenue -1.5% year-over-year).
- 2018: Revenue of $7.1M, expenses of $12.7M, and assets of $34.8M (revenue -25.7% year-over-year).
- 2017: Revenue of $9.6M, expenses of $6.8M, and assets of $38.7M (revenue +25.9% year-over-year).
- 2016: Revenue of $7.6M, expenses of $6.5M, and assets of $40.3M (revenue -20.5% year-over-year).
- 2015: Revenue of $9.6M, expenses of $5.3M, and assets of $38.9M (revenue +152.5% year-over-year).
- 2014: Revenue of $3.8M, expenses of $5.9M, and assets of $40.8M (revenue -22.6% year-over-year).
- 2013: Revenue of $4.9M, expenses of $6.3M, and assets of $47.2M (revenue +57.4% year-over-year).
- 2012: Revenue of $3.1M, expenses of $6.7M, and assets of $56.4M (revenue -49.2% year-over-year).
- 2011: Revenue of $6.1M, expenses of $5.7M, and assets of $52.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Media Development Investment Fund Inc:
Data Sources and Methodology
This transparency report for Media Development Investment Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.