Fund For Innovative T V
Only null% goes to programs Strong reserves Growing revenue
Fund For Innovative T V is a 501(c)(3) organization based in Chicago, Illinois, registered in 1990, with $1,290,570 in FY2025 revenue. CharityIndex grades it B.
348 N Ashland Ave Ste 1d, Chicago, IL, 60607 EIN 36-3700892 Since 1990
Revenue (FY2025)
$1.3M
▲ 152.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2025)
$410K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fund For Innovative T V— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating31 mo reserves · +68% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fund For Innovative T V: 31 mo reserves · +68% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fund For Innovative T V— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fund For Innovative T V: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 348 N Ashland Ave Ste 1d, Chicago, IL, 60607
- City
- Chicago
- State
- Illinois
- Category
- Arts, Culture & Humanities
- Subcategory
- Media & Communications
- Website
- …
Financial trends
Revenue grew from $159K (FY2012) to $1.3M (FY2025) across 14 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $155KNet assets $1.1M
Operating margin
68.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$155K
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,290,570▲153% | $409,984▼6.4% | $1,055,473▲504% | $1,210,438▲413% | 990 |
| 2024 | $510,786▲171% | $437,793▲13.5% | $174,887▲71.6% | $236,170▲36.1% | 990 |
| 2023 | $188,356▼28.6% | $385,597▲2.0% | $101,894▼65.9% | $173,477▼54.2% | 990 |
| 2022 | $263,893▼58.3% | $378,180▲52.0% | $299,134▼27.6% | $378,411▼24.6% | 990 |
| 2021 | $633,229▲198% | $248,790▲13.1% | $413,421▲1326% | $501,780▲295% | 990 |
| 2020 | $212,244▼1.3% | $219,927▲3.8% | $28,984▼57.2% | $127,141▼27.5% | 990 |
| 2019 | $215,049▲0.4% | $211,882▲8.5% | $67,697▼3.8% | $175,410▼4.0% | 990 |
| 2018 | $214,123▲62.8% | $195,346▲21.6% | $70,384▲36.4% | $182,627▲40.6% | 990 |
| 2017 | $131,499▼44.1% | $160,618▲7.0% | $51,607▼36.1% | $129,911▼10.2% | 990 |
| 2016 | $235,055▲92.2% | $150,143▲4.2% | $80,726▲2028% | $144,732▲179% | 990 |
| 2015 | $122,319▲48.9% | $144,051▲5.9% | -$4,186▼124% | $51,883▼25.6% | 990EZ |
| 2014 | $82,176▼43.7% | $136,010▼6.3% | $17,546▼75.4% | $69,781▼44.6% | 990EZ |
| 2013 | $146,079▼8.0% | $145,224▲2.5% | $71,390▲1.2% | $125,928▲3.6% | 990EZ |
| 2012 | $158,841 | $141,629 | $70,537 | $121,599 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $70K total
5 grants to Fund For Innovative T V totaling $70K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ncrc Community Development Fund Inc | Illinois coronavirus fiscal recovery funds | 2023 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $10,000 |
| The Blackbaud Giving Fund | General support | 2022 | $6,000 |
| The Chicago Community Trust | To support media burn, museum of broadcast, and general operating support | 2019 | $29,250 |
| The Chicago Community Trust | Media burn | 2018 | $15,100 |
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Frequently asked questions
- Is Fund For Innovative T V a legitimate nonprofit?
- Yes. Fund For Innovative T V is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3700892, based in Chicago, Illinois. Donations are tax-deductible.
- What is Fund For Innovative T V's EIN?
- Fund For Innovative T V's Employer Identification Number (EIN) is 36-3700892.
- How much revenue does Fund For Innovative T V report?
- Fund For Innovative T V reported $1,290,570 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Fund For Innovative T V have?
- CharityIndex grades Fund For Innovative T V B, based on financial health (reserves and operating margin).
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Data for Fund For Innovative T V (EIN 36-3700892) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.