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New Media Ventures

Foundation · Grantmaker Los Angeles, CA EIN: 35-2823500 Website

We believe that by changing where capital is invested, we can shift the structures of power to benefit more people.

Key facts about New Media Ventures

In short: New Media Ventures gave $100K across 2 grants in 2025 (avg $50K), mostly in Connecticut. Source: 2025 IRS Form 990.

EIN
35-2823500
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$100,000
Grants made (2025)
2
Average grant
$50,000
Median grant
$50,000
Total assets
$173,788
Primary geography
Connecticut (50% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$174K

-51.3% YoY

Annual Giving

$100K

-74.0% YoY

Grant Count

2

-77.8% YoY

Avg Grant Size

$50K

+16.9% YoY

About New Media Ventures

Based on IRS filings

New Media Ventures is a nonprofit organization, based in Los Angeles, CA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $174K in total assets. In 2025, it awarded 2 grants totaling $100K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of all 2 itemized 2025 grant dollars.

Cities

AshvilleCarmichaelConcordKnightdaleLos AngelesMysticNew YorkNobleboroRaleighSan AntonioTucson

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants20239 grants20242 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Retro Report: $50KRetro Report$50KScrutinize a Project of the Urban: $50KScrutinize a Project of theUrban$50K

Grant Size Distribution

11 grants across all recorded years

2<$50K9$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
RETRO REPORT Mystic, CTCHARITABLE$50,000
SCRUTINIZE A PROJECT OF THE URBAN New York, NYCHARITABLE$50,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M202320242025
Metric202520242023
Total Assets$173,788$356,788$1,105,000
Revenue$343,344$1,401,790$1,105,000
Expenses$518,477$2,155,238$4,970
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2023 (received by the IRS May 27, 2025)
  2. Added Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  3. Added Form 990 for fiscal year 2025 (received by the IRS April 29, 2026)

Leadership & Key People

Officers and directors from IRS filings

New Media Ventures is led by Jessica Salinas, Co-President since 2025 (on filings since 2024); 2 of 11 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Jessica Salinas

    Co-President

    Chief Investment → Co-President, 2025

    On filings since 2024

    10.5 hrs/week

    $200K (2024) → $52K (2025)

  • Phillip Sanders

    Co-President

    Partner → Co-President, 2025

    On filings since 2024

    10.5 hrs/week

    $162K (2024) → $52K (2025)

  • John Schwartz

    Chairman & B

    Chairman → Chairman & B, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Carlissia Graham

    Board

    President → Board, 2025

    On filings since 2023

    1 hr/week

    $235K (2024) → $0 (2025)

  • Cheryl Contee

    Secretary & B

    Secretary An → Secretary & B, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Daaiyah Bilal-Threats

    Co-Chair

    Vice Chair → Vice President, 2024

    Vice President → Co-Chair, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

  • Sandor Straus

    Treasurer An

    On filings since 2023

    1 hr/week

    No compensation reported

  • Dawn Laguens

    Board

    On filings since 2024

    1 hr/week

    No compensation reported

  • Eddy Morales

    Board

    On filings since 2024

    1 hr/week

    No compensation reported

  • Nile Johnson

    Board

    On filings since 2024

    1 hr/week

    No compensation reported

  • Ross Morales Rocketto

    Board

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Julie Kohler (2023) — Board

Data from IRS Form 990 filings, 2023–2025. "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

Jessica Salinas — Co-President: $52KJessica SalinasCo-President$52KPhillip Sanders — Co-President: $52KPhillip SandersCo-President$52K

Frequently asked questions about New Media Ventures

How much does New Media Ventures give each year?

New Media Ventures gave $100K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $385K across 9 grants.

How large is New Media Ventures?

New Media Ventures reported $174K in total assets on its 2025 IRS Form 990. Its revenue that year was $343K.

Where does New Media Ventures operate?

New Media Ventures has awarded grants in Arizona, California, Connecticut, Maine, North Carolina, New Hampshire, New York, Texas.

What is New Media Ventures's EIN?

New Media Ventures's EIN (Employer Identification Number) is 35-2823500. IRS Form 990 filing data is available on this page for 2023–2025.

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

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