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
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990 for fiscal year 2022 (received by the IRS April 19, 2023)
- 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
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.
Here's the math on researching Illini Media Company by hand.
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Illini Media Company down — hundreds of funders to go?