2024-12-16T12:01:46-06:00 2024-06-30 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2023-07-01 522276602 WIDE ANGLE YOUTH MEDIA INC WIDE 4437596700 2507 N HOWARD STREET 100 BALTIMORE MD 21218 PATRICK ORAY BOARD PRESIDENT 4437596700 2024-11-25 1 1 LORI ROTHE YOKOBOSKY CPA P01273422 4107834900 2024-11-19 2023 2024-10-15 13:58:12Z X SUSAN MALONE 2507 N HOWARD STREET 100 BALTIMORE MD 21218 6197333 0 X WWW.WIDEANGLEMEDIA.ORG X 2001 MD THROUGH MEDIA ARTS EDUCATION, WIDE ANGLE YOUTH MEDIA COLLABORATES WITH AND AMPLIFIES THE VOICES OF BALTIMORE YOUTH TO ENGAGE AUDIENCES ACROSS SOCIAL DIVIDES. OUR PROGRAMS INSPIRE CREATIVITY AND INSTILL CONFIDENCE IN YOUNG PEOPLE, SUPPORTING THEM TO NAVIGATE SCHOOL, CAREER, AND LIFE. SINCE 2000, WIDE ANGLE YOUTH MEDIA HAS WORKED WITH OVER 8,290 YOUTH FROM ACROSS BALTIMORE CITY AND COUNTY WHO HAVE PRODUCED THOUSANDS OF MEDIA PROJECTS ABOUT THEIR LIVES AND COMMUNITIES. 14 14 21 50 0 0 2391927 5642076 424835 463622 17200 91635 0 0 2833962 6197333 0 0 0 0 1294404 1668868 0 0 161876 512000 548313 1806404 2217181 1027558 3980152 3169759 10110274 202126 3162489 2967633 6947785 X THROUGH MEDIA ARTS EDUCATION, WIDE ANGLE YOUTH MEDIA COLLABORATES WITH AND AMPLIFIES THE VOICES OF BALTIMORE YOUTH TO ENGAGE AUDIENCES ACROSS SOCIAL DIVIDES. OUR PROGRAMS INSPIRE CREATIVITY AND INSTILL CONFIDENCE IN YOUNG PEOPLE, SUPPORTING THEM TO NAVIGATE SCHOOL, CAREER, AND LIFE. SINCE 2000, WIDE ANGLE YOUTH MEDIA HAS WORKED WITH OVER 8,290 YOUTH FROM ACROSS BALTIMORE CITY AND COUNTY WHO HAVE PRODUCED THOUSANDS OF MEDIA PROJECTS ABOUT THEIR LIVES AND COMMUNITIES. 0 0 1801928 463622 SEE SCHEDULE OWIDE ANGLE YOUTH MEDIA ("WAYM") WAS FORMED AS A NONPROFIT CORPORATION UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE OF 1986, UNDER THE LAWS OF MARYLAND ON OCTOBER 30, 2000. THROUGH MEDIA ARTS EDUCATION, WIDE ANGLE YOUTH MEDIA COLLABORATES WITH AND AMPLIFIES THE VOICES OF BALTIMORE YOUTH TO ENGAGE AUDIENCES ACROSS SOCIAL DIVIDES. OUR PROGRAMS INSPIRE CREATIVITY AND INSTILL CONFIDENCE IN YOUNG PEOPLE, SUPPORTING THEM TO NAVIGATE SCHOOL, CAREER, AND LIFE. WAYM DELIVERS FREE AND ACCESSIBLE IN AND OUT-OF-SCHOOL TIME CREATIVE YOUTH DEVELOPMENT PROGRAMMING TO MORE THAN 500 PARTICIPANTS AGES 10-24 EACH YEAR, SERVING 506 TOTAL YOUTH DURING THE YEAR ENDED JUNE 30, 2024.WAYM PARTICIPANTS ARE ENGAGED AS ARTISTS, CHANGEMAKERS AND LEADERS AS THEY CREATE MEDIA PROJECTS. ACROSS WORKSHOPS, ALL PROGRAMS AIM TO PROVIDE AN IMPORTANT EDUCATIONAL SUPPLEMENT THAT BUILDS ACADEMIC AND WORKFORCE READINESS SKILLS. WAYM'S CURRICULUM IS CLOSELY ALIGNED WITH NATIONAL MEDIA ARTS STANDARDS, MSDE ARTS STANDARDS AND INTERNATIONAL SOCIETY FOR TECHNOLOGY IN EDUCATION (ISTE) STANDARDS FOR STUDENTS. STEAM- FOCUSED LEARNING HAS BEEN PARTICULARLY COMPATIBLE IN MEDIA EDUCATION, WITH BOTH DISCIPLINES INTEGRATING INVESTIGATIVE, HANDS- ON, AND PROJECT-BASED LEARNING THAT IS ROOTED IN REAL LIFE SKILLS.SINCE THE ORGANIZATION'S FOUNDING IN 2000, WAYM HAS ENGAGED OVER 8,290+ BALTIMORE CITY AND COUNTY YOUTH WHO HAVE PRODUCED HUNDREDS OF VIDEOS ABOUT ISSUES SUCH AS YOUTH IDENTITY, SAFETY, HEALTH, MEDIA LITERACY, AND RACIAL JUSTICE. FY24 PROJECTS INCLUDED OVER 500 FINAL VIDEO, PHOTOGRAPHY, DESIGN, ACTING PROJECTS AND VIRTUAL EVENTS, IN ADDITION TO MORE THAN 1,100 CLIENT PROJECTS. AUDIENCE MEMBERS OF WAYM YOUTH-PRODUCED MEDIA CONTINUED TO GROW THROUGH ONLINE ENGAGEMENT, MEDIA PUBLICATIONS, AND NEW PARTNERSHIPS, WITH OVER 4 MILLION ESTIMATED LIVE AND VIRTUAL AUDIENCE MEMBERS IN FY24.WAYM IMPLEMENTS A PATHWAY OF FREE PROGRAMMING THAT STARTS WITH INTRODUCTORY COMMUNITY WORKSHOPS AND LEADS TO ADVANCED WORKFORCE DEVELOPMENT TRAINING. PROGRAMS STRUCTURES VARY BASED ON YOUTH NEEDS, TO INCLUDE IN-PERSON, HYBRID AND FULLY VIRTUAL OPPORTUNITIES IN FY24: COMMUNITY VOICES IS A PROGRAM THAT PROVIDES MIDDLE AND HIGH SCHOOL YOUTH (AGES 10-24) WITH CUSTOM INTRODUCTORY MEDIA WORKSHOPS, TAILORED TO THE NEEDS OF CITY SCHOOLS AND LOCAL ORGANIZATIONS. BALTIMORE SPEAKS OUT IS A FREE INTRODUCTORY MEDIA MAKING AND CREATIVE YOUTH DEVELOPMENT PROGRAM PRODUCED IN PARTNERSHIP WITH BALTIMORE CITY PUBLIC SCHOOL SITES FOR YOUTH AGES 10-15.HIGH SCHOOL PROGRAMS ARE INTERMEDIATE-ADVANCED MEDIA PRODUCTION PROGRAMS FOR BALTIMORE CITY AND COUNTY HIGH SCHOOL YOUTH GIVING THEM THE OPPORTUNITY TO GAIN TRAINING AND DEVELOP CRITICAL THINKING, RESEARCH SKILLS, STORYTELLING AND CREATIVE SKILLS BY PRODUCING SHORT ORIGINAL VIDEOS AND DESIGN CAMPAIGNS THAT ARE DISTRIBUTED LOCALLY AND NATIONALLY.MEDIAWORKS IS AN INTENSIVE SUMMER WORKFORCE TRAINING PROGRAM RUN IN PARTNERSHIP WITH YOUTHWORKS. YOUTH (AGES 14-21) ARE EMPLOYED THROUGH THE BUILD YOUR BRAND INITIATIVE TO PARTICIPATE IN MEDIA ARTS AND COLLEGE AND CAREER DEVELOPMENT PROGRAMMING.YOUTH INTERNSHIPS AND APPRENTICESHIPS ALLOW YOUNG PROFESSIONALS (AGES 18-24) THE OPTION TO GAIN REAL-WORLD WORK EXPERIENCE AS PART-TIME AND FULL-TIME STAFF. THEY PARTICIPATE IN EITHER MEDIA PRODUCTION, DESIGN OR COMMUNICATIONS WORKFORCE DEVELOPMENT TRACKS. APPRENTICESHIPS ARE REGISTERED WITH THE MARYLAND DEPARTMENT OF LABOR AND ARE OFFERED IN PARTNERSHIP WITH ARTS2WORK, WHICH IS AT THE FOREFRONT OF DEVELOPING MEDIA ARTS APPRENTICESHIPS NATIONALLY. WIDE ANGLE PRODUCTIONS, WAYM'S SOCIAL ENTERPRISE PROGRAM, PROVIDES MEDIA SERVICES FOR NONPROFITS, FOUNDATIONS, AND CORPORATIONS IN THE BALTIMORE REGION WHILE ALSO CREATING MEANINGFUL EMPLOYMENT FOR YOUTH APPRENTICES. WAYM STAFF ACT AS PROJECT MANAGERS, MENTORING APPRENTICES THROUGHOUT THE PROCESS AND ENSURING THAT CLIENTS RECEIVE PROFESSIONAL QUALITY MEDIA PRODUCTS. PRODUCTION WORK SERVES AS A SOURCE OF SELF-SUSTAINING INCOME FOR WAYM TO SUPPORT ITS EDUCATIONAL PROGRAMS, WHILE ALSO PROVIDING AFFORDABLE MEDIA SOLUTIONS FOR CLIENTS. CLIENTS IN FY24 INCLUDED: THE AFRO, BALTIMORE HOMECOMING, CASH CAMPAIGN OF MARYLAND, MARYLAND STATE ARTS COUNCIL, NBCUNIVERSAL CREATIVE IMPACT LAB, THE NATIONAL PARKS SERVICE, AND MANY OTHERS. EXAMPLES OF RECENT WORK CAN BE SEEN AT WWW.WIDEANGLEMEDIA.ORG/HIRE-US.FY24 PARTICIPANTS REFLECT THAT STUDENTS WHO SHARED THEIR DEMOGRAPHICS IDENTIFIED AS 78% BLACK, 1% MULTIRACIAL, 15% CAUCASIAN, 2% HISPANIC, 3% ASIAN, AND 1% AMERICAN INDIAN OR ALASKAN NATIVE. 97% OF ALL YOUTH PARTICIPANTS WITH DISCLOSED INFORMATION SELF-IDENTIFIED AS VERY LOW TO MODERATE HOUSEHOLD INCOME LEVEL, ATTENDED TITLE 1 SCHOOLS, AND/OR RESIDED IN ZIP CODES WITH LOW MEDIAN INCOMES, IN ALIGNMENT WITH THE ORGANIZATION'S GOAL TO ALLOCATE ITS RESOURCES TO HISTORICALLY MINORITIZED AND MARGINALIZED COMMUNITIES. (PLEASE NOTE - DEMOGRAPHIC INFORMATION IS NOT REQUIRED FOR YOUTH TO PARTICIPATE IN PROGRAMS). IN THE COMING YEAR, WIDE ANGLE WILL CONTINUE TO LEVERAGE ITS RESOURCES TO UPLIFT YOUTH VOICES; PROVIDE MEDIA ENGAGEMENT TO UNDER-INVESTED COMMUNITIES; HOLISTICALLY ENGAGE YOUTH; BUILD RELATIONSHIPS WITH STUDENTS, ORGANIZATIONAL PARTNERS, AND FEE-FOR-SERVICE CLIENTS; AND BROADEN ITS IMPACT THROUGH PROGRAMMING AND MORE INTENTIONAL SYSTEMS CHANGE WORK. DURING THE YEAR ENDED JUNE 30, 2023 ("FY23"), WIDE ANGLE LAUNCHED A CAPITAL FUNDRAISING CAMPAIGN FOR ITS NEW HEADQUARTERS, A 9,000+ SQUARE FOOT EDUCATION AND MEDIA PRODUCTION FACILITY, WIDE ANGLES STUDIOS AT THE SERVICE CENTER. DOORS ARE PLANNED TO OPEN IN LATE FALL 2024, AND WILL SERVE 2,500+ PROGRAM PARTICIPANTS OVER THE FIRST FIVE YEARS. THE STUDIOS WILL ALLOW WIDE ANGLE TO EXPAND ITS WORKFORCE PROGRAMMING, DEEPEN ITS ENGAGEMENT WITH THE COMMUNITY, AND ENGAGE A NEW GENERATION OF YOUNG MEDIA MAKERS.THROUGH FY24 EFFORTS, OVER $2 MILLION WAS RAISED TOWARDS THE CAMPAIGN, WITH $4.2 MILLION RAISED SINCE FY23, AND THE BALANCE TO BE RAISED IN FY25. WHILE EXPENDITURES INCREASED FROM FY23 TO FY24 FOR THE CAMPAIGN, THE LARGEST EXPENSES WILL HIT IN FY25.IN SPRING, 2024, WIDE ANGLE YOUTH MEDIA RECEIVED A $2M GRANT FROM FIDELITY INVESTMENTS CHARITABLE GIFT FUND VIA MACKENZIE SCOTT'S YIELD GIVING GRANT. WIDE ANGLE'S BOARD OF DIRECTORS VOTED TO ALLOCATE THE FUNDS TO ADDRESS THREE STRATEGIC PRIORITY AREAS OVER FY24-FY26: 1) ADDRESS PROJECTED BUDGET GAPS; 2) ADVANCE STAFF COMPENSATION EQUITY AND CAPACITY HIRES; 3) FILL POTENTIAL CAPITAL BUDGET GAPS TO AVOID BRIDGE LOAN DEBT. IN THE INTERIM, THE RESOURCES ARE IN A FDIC INSURED SWEEP ACCOUNT GENERATING APPROXIMATELY 4% INTEREST ANNUALLY. THE BOARD WILL RESEARCH ADDITIONAL LOW-RISK INVESTMENT OPTIONS TO UTILIZE UNTIL THE FUNDS ARE APPLIED TO BUDGET NEEDS. ANY REMAINING RESOURCES WILL FUEL PRIORITIES OUTLINED IN WIDE ANGLE'S NEXT STRATEGIC PLAN (2027 LAUNCH). ALL OF OUR SUPPORTERS ARE MAKING WIDE ANGLE MORE ROBUST AND POISED FOR GROWTH AND INVESTMENT AS WE MOVE INTO OUR NEW STUDIOS IN FY25. 1801928 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 0 1 21 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 14 14 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X SUSAN MALONE 4437596700 2507 N HOWARD STREET SUITE 100 BALTIMORE MD 21218 SUSAN MALONE EXECUTIVE DIRECTOR 50.00 X X 104725 0 15317 PATRICK ORAY BOARD PRESIDENT & CEC 5.00 X X 0 0 0 LARRY SIMMONS BOARD VICE PRESIDENT 5.00 X X 0 0 0 VONZELLA MCQUEEN BOARD TREASURER 2.00 X X 0 0 0 DEAN BUSH BOARD GOVERNANCE SECRETARY 2.00 X X 0 0 0 THOMAS REILLY BOARD CORRESPONDENCE SECRE 3.00 X X 0 0 0 PHYLLIS CARTER BOARD MEMBER 1.00 X 0 0 0 ALEX GALIANI BOARD MEMBER & PARENT REPR 1.00 X 0 0 0 SAMANTHA GILLYARD BOARD MEMBER & WIDE ANGLE ALUMNI 1.00 X 0 0 0 JESSE GOLDSTEIN BOARD MEMBER 1.00 X 0 0 0 KEVIN LEE BOARD MEMBER 1.00 X 0 0 0 PETER METSOPOULOS BOARD MEMBER 1.00 X 0 0 0 RANDI NORRIS BOARD MEMBER 1.00 X 0 0 0 LISA TWISS BOARD MEMBER 1.00 X 0 0 0 CORY YEBOAH BOARD MEMBER 1.00 X 0 0 0 104725 0 15317 1 0 0 0 0 3936 227722 5410418 81978 5642076 PRODUCTION FOR HIRE 711190 384740 384740 PROGRAM SERVICE FEE 711190 66926 66926 REIMBURSED PROGRAM EXP 711190 11956 11956 463622 91635 91635 6197333 463622 0 91635 X 118295 99345 10971 7979 1247252 1047452 115664 84136 199827 167815 18532 13480 103494 86915 9598 6981 1216 997 160 59 50747 41621 6672 2454 76990 20631 43484 12875 28184 16139 1812 10233 88194 74067 8178 5949 45550 38761 6073 716 4019 4019 77034 69333 7701 34031 28578 3157 2296 EQUIPMENT AND SOFTWARE 49538 36491 6076 6971 STIPENDS 39765 39340 300 125 OTHER MISC. EXPENSES 22678 7082 12393 3203 PROGRAM SUPPLIES 21102 21102 0 0 9265 6259 2606 400 2217181 1801928 253377 161876 1790283 103290 4584118 1058326 1825550 15975 50240 709196 601262 254983 107934 50192 1857703 0 1581439 3169759 10110274 160478 186813 41648 136551 0 2839125 202126 3162489 X 1585388 4931901 1382245 2015884 2967633 6947785 3169759 10110274 3980152 0 X 0 1 X 1 0 X 910877 1044342 1530007 2391927 5642076 11519229 910877 1044342 1530007 2391927 5642076 11519229 1264410 10254819 55 17200 91635 108890 11628119 2122713 0.88190 0.83600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90 8 90 0 0 0 90 0 2269409 0 2269499 0 263475 0 65869 0 0 0 195103 214797 240320 263475 913695 1370543 90 90 48776 53699 60080 65869 228424 342636 90 90 132226 120525 11701 520827 449962 70865 56143 30775 25368 107934 CONSTRUCTION IN PROGRESS 1581439 1581439 CONSTRUCTION PAYABLES 949369 OPERATING LEASE LIABILITY 1889756 2839125 X 6249651 52318 52318 6197333 0 6197333 2269499 52318 52318 2217181 0 2217181 PART X, LINE 2: WAYM RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2024. DUE TO ITS TAX-EXEMPT STATUS, WAYM IS NOT SUBJECT TO INCOME TAXES. WAYM IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS DETERMINED THAT WAYM DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS FOR ANY OPEN TAX RETURNS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN. X 1 21450 FMV X 486 60528 FMV 2 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 WAYM UPDATED THE ACCOUNTING POLICIES AND PROCEDURES TO COMPLY WITH CFR-200, UPDATE HR POLICY HANDBOOK, AND UPDATED NEW IT POLICIES. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND BOOKKEEPER REVIEW THE 990 FIRST. THEN THE EXECUTIVE COMMITTEE , WHICH INCLUDES THE PRESIDENT, VICE PRESIDENT, TREASURER, GOVERNANCE SECRETARY, AND CORRESPONDENCE SECRETARY OF THE BOARD OF DIRECTORS REVIEWS THE 990 FORM, AND THEN PRESENTS IT TO THE BOARD OF DIRECTORS. THE ACCOUNTANT ALSO IS ON HAND FOR QUESTIONS/COMMENTS AND PRESENTATION DURING THE BOARD MEETING. THE EXECUTIVE DIRECTOR SIGNS THE 990 ONCE APPROVAL HAS BEEN GRANTED FROM THE BOARD AND THE 990 IS FILED BY COHNREZNICK. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS ALERTED TO ANY SITUATION WHERE WE ARE SEEKING OUT NEW VENDORS THEY MAY BE ASSOCIATED WITH AND A COMPETIVITE BID PROCESS WOULD ENSUE IF A CONFLICT WAS DEEMED BY THE BOARD PRESIDENT. BOARD PRESIDENT ALSO ASKS ALL BOARD MEMBERS TO COMPLETE A CONFLICT OF INTEREST FORM WHEN THEY JOIN AND ANNUAL COI UPDATE. THE COMPREHENSIVE CONFLICT OF INTEREST POLICY AND FORM HAS A PART FOR NEW MEMBERS TO COMPLETE, AND THEN AN ANNUAL UPDATE THAT IS COLLECTED ON EACH MEMBER AT THE START OF THE NEW FISCAL YEAR. ADDITIONALLY ALL STAFF COMPLETE A COI ANNUALLY TO ASSURE STAFF CONFLICTS ARE RECORDED AND THAT IF A STAFFER HAS A CONFLICT WITH A VENDOR OR PARTICIPANT THEY ARE NOT INVOLVED IN THOSE FINANCIAL RELATED DECISIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD CREATED AND IMPLEMENTED A NEW EVALUATION STRATEGY FOR THE EXECUTIVE DIRECTOR IN FY19 THAT IS MORE EXTENSIVE AND WAS IMPLEMENTED IN FY20 IN FULL. AFTER SETTING ORGANIZATIONAL GOALS, THE DIRECTOR WRITES AN ASSESSMENT AND COMPLETES A PERFORMANCE REVIEW FOR THE EXECUTIVE COMMITTEE TO REVIEW. THIS REVIEW, IS PART INFORMS THE COMPENSATION PACKAGE FOR THE UPCOMING FISCAL YEAR AND IF AN END OF YEAR MISC AMOUNT IS AWARDED. IN FY21 THE BOARD START A COMPENSATION EQUITY STUDY AND REALIZED THE ED WAS BEING PAID 10% OF MARKET AND BOOSTED SALARY FOR FY22 TO ALIGN TO 40% AND FINALIZED COMP FOR FY23 WITH DATA FROM THE PAYPANDS CREATED BY PRESCOTT HR IN JAN 2022. IN FY24 BOARD EXPANDED STAFF WAGES TO ALIGN BOTH TO MINIMUM WAGE STANDARDS BUT ALSO TO ALIGN WITH ALICE WAGE CONSTRAINTS. STARTING ALL EMPLOYEES AT $17 OR MORE AN HOUR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 4,979. MANAGEMENT AND GENERAL EXPENSES 549. FUNDRAISING EXPENSES 400. TOTAL EXPENSES 5,928. DUES: PROGRAM SERVICE EXPENSES 1,280. MANAGEMENT AND GENERAL EXPENSES 2,057. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,337.