CharityWatch's rating of Media Research Center (MRC) does not include the financial activities of America, Inc. (tax ID #27-3352652), a related 501(c)(4) social welfare nonprofit; of American Movement Foundation (tax ID#87-3862697), a related 501(c)(3) public charity; of American Movement ) tax ID#87-3752555), a related 501(c)(4) social welfare nonprofit; or of American Movement Association (Tax ID#87-3888616), a related 501(c)(6) business league or membership nonprofit. CharityWatch does not provide separate ratings of these organizations at this time. According to the fiscal 2023 IRS Tax Form 990 of Media Research Center, Part XII, Financial Statements and Reporting, the organization's financial statements were audited on a separate, not consolidated basis. Meaning, CharityWatch is unable to provide a combined rating that includes the financial activities of the related 501(c)(3) public charity entities. Should Media Research Center publish consolidated audited financial statements in the future that include the financial activities of both organizations, CharityWatch may update our rating to include such information at that time. CharityWatch separates the ratings for 501(c)(3) & 501(c)(4) organizations, even when their financial activities are included together in a consolidated audit, due to their differing treatments under the IRS tax code. For more information on this topic, please see our sections on Types of Non-Profits, Tax Status, and Treatment of Related Organizations, which can be found on the Our Process page.
For more information about things to consider when donating to organizations that have related public charity and social welfare entities, read "Sorting Out Nonprofit Pairs." |
According to the Media Research Center audit of December 31, 2023 (Note 18, Small Business Administration Loan): "In 2021, the Center obtained a loan of $149,900 under the Economic Injury Disaster Loan program ('EIDL') from the Small Business Administration. The loan is secured by all tangible and intangible assets of the Center and is payable over 30 years at an interest rate of 2.75% per annum. As of December 31, 2023, the balance on the loan is $133,234..." |