Skip to main content

Nonprofit · EIN 37-0341210

ILLINI MEDIA COMPANY

Tax-exempt · CHAMPAIGN, IL 61820

Financials

$739K$803K2022$726K$820K2023$761K$923K2024
Revenue Expenses · by fiscal year end
Financials of ILLINI MEDIA COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$761,208$923,265-$162,057$781,403$1,001,547-$220,144
July 31, 2024990$725,859$819,653-$93,794$895,808$970,759-$74,951
July 31, 2023990$738,569$802,991-$64,422$650,031$648,204$1,827
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$163,323
Program service revenue
$597,885
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$157,375
Other salaries and wages
$251,443
Salaries, compensation and benefits (total)
$449,908
Professional fundraising fees
$0
Legal fees
$11,265
Accounting fees
$19,759
Occupancy
$92,815
Depreciation
$19,027
Program services (functional)
$725,686
Management and general (functional)
$184,129
Fundraising (functional)
$13,450

Balance sheet and other

Total assets, start of year
$895,808
Total assets, end of year
$781,403
Total liabilities, end of year
$1,001,547
Net assets, end of year
-$220,144
Land, buildings and equipment
$84,841
Net assets without donor restrictions
-$254,053
Net assets with donor restrictions
$33,909
Gross receipts
$761,208
Employees
130
Volunteers
300
Year formed
1911
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MELISSA PASCOBUSINESS DIRECTOR
Officer
40$101,802
JAKE WILLIAMSEXECUTIVE DIRECTOR/CEO
Officer
40$77,125
BOB EPSTEINBOARD MEMBER
Trustee or director
2$0
CAROLINA GARIBAYBOARD SECRETARY
Trustee or director, Officer
4$0
ERIK RIHABOARD MEMBER
Trustee or director
2$0
JENNIFER OWENSBOARD MEMBER
Trustee or director
2$0
JIM SCHLUETERBOARD PRESIDENT
Trustee or director, Officer
5$0
JULIE WURTH ASMUSSENBOARD VICE PRESIDENT
Trustee or director, Officer
4$0
MOLLY CORNYNBOARD MEMBER (THRU 10/25)
Trustee or director
2$0
LIL LEVANTBOARD MEMBER
Trustee or director
2$0
JOHNATHAN HETTINGERBOARD MEMBER
Trustee or director
2$0
JJ KIMSTUDENT BOARD MEMBER
Trustee or director
1$0
990 for the year ended July 31, 2024: 10 people
NameTitleHours / weekCompensation
MELISSA PASCOGENERAL MANAGER
Officer
40$107,875
JAKE WILLIAMSEXECUTIVE DIRECTOR/CEO
Officer
40$34,167
BOB EPSTEINDIRECTOR
Trustee or director
1$0
CAROLINA GARIBAYSECRETARY
Trustee or director, Officer
2$0
CHRIS HARLANPAST PRESIDENT
Trustee or director, Officer
1$0
ERIK RIHADIRECTOR
Trustee or director
1$0
JEN OWENSDIRECTOR
Trustee or director
1$0
JIM SCHLUETERPRESIDENT
Trustee or director, Officer
5$0
JULIE WURTH ASMUSSENDIRECTOR
Trustee or director
2$0
JJ KIMSTUDENT BOARD MEMBER
Trustee or director
1$0
990 for the year ended July 31, 2023: 10 people
NameTitleHours / weekCompensation
JORDAN DZIURAEXECUTIVE DIRECTOR
Officer
40$79,481
MELISSA PASCOGENERAL MANAGER
Officer
40$78,542
BOB EPSTEINBOARD MEMBER
Trustee or director
0.5$0
CAROLINA GARIBAYBOARD MEMBER
Trustee or director
0.5$0
CHRIS HARLANPRESIDENT
Trustee or director, Officer
0.5$0
ERIK RIHABOARD MEMBER
Trustee or director
0.5$0
JENNIFER OWENSBOARD MEMBER
Trustee or director
0.5$0
JIM SCHLUETERSECRETARY
Trustee or director, Officer
0.5$0
JULIE WURTH ASMUSSENBOARD MEMBER
Trustee or director
0.5$0
NOUR LONGIBOARD MEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1001 S WRIGHT ST, CHAMPAIGN, IL 61820-6225
Principal officer (990 for 2024)
JIM SCHLUETER, 1001 SOUTH WRIGHT ST, CHAMPAIGN, IL 61820
Signed the 990
JIM SCHLUETER, BOARD CHAIR
Phone
(217) 337-8310
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

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.

990 for the year ended July 31, 2025

Program accomplishments

  • EDUCATIONAL EXPERIENCE FOR UNIVERSITY STUDENTS IN MEDIA PRODUCTION AND SALES CONSISTING OF A STUDENT NEWSPAPER, RADIO BROADCASTING, YEARBOOK AND A QUARTERLY STUDENT MAGAZINE.
    Expenses $725,686 · revenue $597,885

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
37-0341210
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1955
Accounting year ends
July
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B400)
Assets (IRS master file)
$781,403
Income (IRS master file)
$761,208

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$761,208$923,265$781,403XML
990July 2024$725,859$819,653$895,808XML
990July 2023$738,569$802,991$650,031XML
990July 2022$954,260$1,138,283$660,510IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-0341210).

Questions about ILLINI MEDIA COMPANY

What is the EIN of ILLINI MEDIA COMPANY?
The employer identification number (EIN) of ILLINI MEDIA COMPANY is 37-0341210.
Is ILLINI MEDIA COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1955.
Are donations to ILLINI MEDIA COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ILLINI MEDIA COMPANY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ILLINI MEDIA COMPANY due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ILLINI MEDIA COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of ILLINI MEDIA COMPANY?
The 990 for the year ended July 31, 2025 names JIM SCHLUETER.
Who are the officers and directors of ILLINI MEDIA COMPANY?
The 990 for the year ended July 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $101,802 (MELISSA PASCO, BUSINESS DIRECTOR).
How much revenue does ILLINI MEDIA COMPANY have?
On its 990 for the year ended July 31, 2025 it reported revenue of $761,208, expenses of $923,265 and total assets of $781,403 at year end.

Other nonprofits in CHAMPAIGN

All nonprofits in CHAMPAIGN · Illinois · Education