New Media Ventures
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
Share of all 2 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| RETRO REPORT Mystic, CT | CHARITABLE | $50,000 |
| SCRUTINIZE A PROJECT OF THE URBAN New York, NY | CHARITABLE | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990 for fiscal year 2023 (received by the IRS May 27, 2025)
- Added Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- 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
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.
Here's the math on researching New Media Ventures by hand.
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More Funders in California
New Media Ventures down — hundreds of funders to go?