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Illini Media Company

Public charity · Grantmaker Champaign, IL EIN: 37-0341210 Website

Illini media is committed to providing an unsurpassed educational opportunity for its student employees and to keeping this mission at the forefront of all our internal decision-making. Our well-run, successful company allows us to offer a professional, hands-on, student-run learning environment, and to provide high-quality communication vehicles for readers, listeners and viewers throughout our campus and community.by offering comprehensive training, providing current tools and resources, and creating a challenging, fast-paced environment, illini media helps create highly sought after journalists, broadcasters, and managers. While our students lead our daily media operations, they learn the responsibility of making independent decisions and gain an understanding and respect for cherished freedom of expression principles and ethical business practices.

Key facts about Illini Media Company

EIN
37-0341210
Latest 990 filing
Form 990, 2025
Total assets
$781,403

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$781K

-12.8% YoY

Revenue

$761K

+4.9% YoY

Expenses

$923K

+12.6% YoY

About Illini Media Company

Based on IRS filings

Illini Media Company is a public charity focused on Education, based in Champaign, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $781K in total assets.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Long Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2019 0 grants2020 0 grants2021 1 grant2022 0 grants2023 0 grants2024 0 grants2025

In 2022 it made 1 grant totaling $450K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$781,403$895,808$650,031
Revenue$761,208$725,859$738,569
Expenses$923,265$819,653$802,991
Net Investment Income——$1,600

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS April 19, 2023)
  2. Added Form 990 for fiscal year 2025 (received by the IRS August 13, 2026)

Leadership & Key People

Officers and directors from IRS filings

Illini Media Company is led by Jake Williams, Executive Director & CEO on every filing since 2024; 2 of 12 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Jake Williams

    Executive Director & CEO

    On filings since 2024

    40 hrs/week

    $34K (2024) → $77K (2025)

  • Jim Schlueter

    Board President

    Secretary → President, 2024

    President → Board President, 2025

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Melissa Pasco

    Business Director

    General Manager → Business Director, 2025

    On filings since 2019

    40 hrs/week

    $70K (2019) → $102K (2025)

  • Erik Riha

    Board Member

    Board Member → Director, 2024

    Director → Board Member, 2025

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Bob Epstein

    Board Member

    Board Member → Director, 2024

    Director → Board Member, 2025

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Carolina Garibay

    Board Secretary

    Board Member → Secretary, 2024

    Secretary → Board Secretary, 2025

    On filings since 2022

    4 hrs/week

    No compensation reported

  • Jennifer Owens

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Julie Wurth Asmussen

    Board Vice President

    Board Member → Director, 2024

    Director → Board Vice President, 2025

    On filings since 2022

    4 hrs/week

    No compensation reported

  • Jj Kim

    Student Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Johnathan Hettinger

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Lil Levant

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Molly Cornyn

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

Former officers (18)
  • Former: Chris Harlan (2019–2024) — Past President
  • Former: Jen Owens (2024) — Director
  • Former: Jordan Dziura (2022–2023) — Executive Director
  • Former: Nour Longi (2023) — Board Member
  • Former: Arianna Williams (2022) — Student Board Member
  • Former: Chris Evans (2022) — Secretary
  • Former: Alexis Tate (2021) — Board Member
  • Former: Chelsea Hamilton (2021) — Board Member
  • Former: Jonna Harris (2021) — Student Board Member
  • Former: Gayle Spencer (2019–2020) — Board Member
  • Former: Jean McDonald (2019–2020) — Board Member
  • Former: Max Grill (2019–2020) — Student Board Member
  • Former: Nancy Benson (2019–2020) — Board Member
  • Former: Olga Bulka (2019–2020) — Student Board Member
  • Former: Tom Costello (2019–2020) — Board President
  • Former: Bridget Hayes (2019) — Board Member
  • Former: Jordan Brown (2019) — Board Member
  • Former: Taylor Jeffries (2019) — Board Member

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Melissa Pasco — Business Director: $102KMelissa PascoBusiness Director$102KJake Williams — Executive Director/CEO: $77KJake WilliamsExecutive Director/CEO$77K

The highest reported compensation on the 2025 filing was $102K, to Melissa Pasco (Business Director). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Illini Media Company

How large is Illini Media Company?

Illini Media Company reported $781K in total assets on its 2025 IRS Form 990. Its revenue that year was $761K.

What is Illini Media Company?

Illini Media Company is a public charity focused on Education, based in Champaign, IL. It holds $781K in total assets as of 2025.

Where does Illini Media Company operate?

Illini Media Company has awarded grants in California.

What is Illini Media Company's EIN?

Illini Media Company's EIN (Employer Identification Number) is 37-0341210. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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