Mscnetwork Inc Next Tv
Mscnetwork Inc Next Tv experiences significant revenue decline in 2020, maintaining zero liabilities and officer compensation.
EIN: 161686322 · Homewood, IL · NTEE: A32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $414K |
| Total Expenses | $413K |
| Program Spending | 90% |
| Net Assets | $228K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Mscnetwork Inc Next Tv Form 990, Revenue, CEO Pay, and IRS Filing Signals
Mscnetwork Inc Next Tv is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Mscnetwork Inc Next Tv in one place.
Form 990 Filing Summary
4 filing years are available, with latest revenue of $414K and expenses of $413K.
Revenue and Expenses
Mscnetwork Inc Next Tv reported $414K in revenue and $413K in expenses, a surplus of $955.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Mscnetwork Inc Next Tv Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $372K (90%) |
Across stored filings, Mscnetwork Inc Next Tv shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 4 stored filing years |
| Peer context | Compare with Shorefront | Illinois and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Shorefront →All Illinois nonprofits
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Local and Sector Spokes
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Homewood, IL nonprofitsArts & Culture in Illinois
Arts & Culture in Illinois
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Donation Decision Flow
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Keep the Investigation Moving
Mscnetwork Inc Next Tv directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mscnetwork Inc Next Tv
Mscnetwork Inc Next Tv (EIN: 161686322) is a nonprofit organization based in Homewood, IL, classified under NTEE code A32. The organization reported total revenue of $414K and total assets of $228K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mscnetwork Inc Next Tv's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mscnetwork Inc Next Tv is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2017–2020). Revenue has grown at a compound annual rate of -27.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $414K |
| Total Expenses | $413K |
| Surplus / Deficit | +$955 |
| Total Assets | $228K |
| Net Assets | $228K |
| Operating Margin | 0.2% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2020, Mscnetwork Inc Next Tv reported a surplus of $955 with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2017–2020), Mscnetwork Inc Next Tv's revenue has declined at a compound annual growth rate (CAGR) of -27.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -84.2% | -83.1% | +0.4% |
| 2019 | +54.8% | +60.4% | +439.4% |
| 2018 | +58.1% | +26.2% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
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 Mscnetwork Inc Next Tv 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Mscnetwork Inc Next Tv allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $955, with revenue exceeding expenses.
Executive Compensation Analysis
Mscnetwork Inc Next Tv reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size and revenue levels. This suggests a volunteer-led executive structure or that compensation is reported under other expense categories, warranting further investigation for complete transparency.
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 Mscnetwork Inc Next Tv's IRS 990 filings:
- Significant and sudden revenue decline in the most recent fiscal year (2020)
- Unusually low (0%) officer compensation, which may indicate volunteer leadership or incomplete reporting of executive benefits.
Strengths
The following positive indicators were identified for Mscnetwork Inc Next Tv:
- Consistent zero liabilities across all reported periods, indicating strong financial management and no debt.
- Consistent zero officer compensation, suggesting a high dedication to mission over executive pay.
- Positive asset growth from negative in 2017 to $227,753 in 2020.
Frequently Asked Questions about Mscnetwork Inc Next Tv
Is Mscnetwork Inc Next Tv a legitimate charity?
Mscnetwork Inc Next Tv (EIN: 161686322) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 4 years of IRS 990 filings on record. Total revenue: $414K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Mscnetwork Inc Next Tv spend its money?
Mscnetwork Inc Next Tv directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mscnetwork Inc Next Tv tax-deductible?
Mscnetwork Inc Next Tv is registered as a tax-exempt nonprofit (EIN: 161686322). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mscnetwork Inc Next Tv's spending goes to programs?
Mscnetwork Inc Next Tv directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mscnetwork Inc Next Tv compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mscnetwork Inc Next Tv is above average for NTEE category A32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mscnetwork Inc Next Tv located?
Mscnetwork Inc Next Tv is headquartered in Homewood, Illinois and files with the IRS under EIN 161686322. It is classified under NTEE code A32.
How many years of IRS 990 filings does Mscnetwork Inc Next Tv have?
Mscnetwork Inc Next Tv has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $414K in total revenue.
What caused the significant revenue drop from $2,626,903 in 2019 to $413,847 in 2020?
The provided data does not specify the reasons for the revenue decline, but it is a critical area for further inquiry to understand the organization's financial stability and future outlook.
How does Mscnetwork Inc Next Tv manage to operate with 0% officer compensation?
The consistent reporting of zero officer compensation suggests a volunteer-led executive team or that executive compensation is categorized differently within their expenses. This practice, while seemingly efficient, could also indicate a lack of professional staffing or an incomplete reporting of all compensation.
What are the primary program activities of Mscnetwork Inc Next Tv given its NTEE code A32 (Television)?
The NTEE code A32 indicates the organization is involved in Television. Further details on specific programs would require reviewing the full IRS 990 form's program service accomplishments section.
Filing History
IRS 990 filing history for Mscnetwork Inc Next Tv showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2017–2020), Mscnetwork Inc Next Tv's revenue has declined by 61.4%, moving from $1.1M to $414K. Total functional expenses fell by 65.8%, from $1.2M to $413K. In its most recent filing year (2020), Mscnetwork Inc Next Tv reported a surplus of $955, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $414K | $413K | $228K | $0 | — | View 990 |
| 2019 | $2.6M | $2.4M | $227K | $0 | — | View 990 |
| 2018 | $1.7M | $1.5M | $42K | $0 | — | View 990 |
| 2017 | $1.1M | $1.2M | $-132,712 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $414K, expenses of $413K, and assets of $228K (revenue -84.2% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.4M, and assets of $227K (revenue +54.8% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.5M, and assets of $42K (revenue +58.1% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $-132,712.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mscnetwork Inc Next Tv:
Data Sources and Methodology
This transparency report for Mscnetwork Inc Next Tv 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.