Capital of Texas Media Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION WAS FORMED TO PROMOTE PUBLIC UNDERSTANDING OF, AND ENGAGEMENT IN, LOCAL PUBLIC AND GOVERNMENTAL ISSUES. THE COMMUNITY SERVED WILL BE THE CENTRAL TEXAS COMMUNITY IN AND AROUND AUSTIN, TRAVIS COUNTY, TEXAS. THE ORGANIZATION INTENDS ON ACCOMPLISHING ITS MISSION THROUGH (1) FREE AND OPEN-TO-THE PUBLIC EVENTS AND FORUMS INTENDED TO EDUCATE AND ENGAGE THE COMMUNITY CONCERNING STATE AND LOCAL ISSUES, (2) PARTNERSHIPS WITH OTHER NONPROFIT ORGANIZATIONS THAT ALSO HAVE MISSIONS TO ENGAGE AND INFORM, AND (3) THE ONLINE DISSEMINATION OF NEWS AND DATA CONCERNING LOCAL GOVERNMENT AND CIVIC ISSUES, INCLUDING DATA OBTAINED THROUGH OPEN RECORDS/FREEDOM OF INFORMATION REQUESTS.
- Income
- $554,718
- Spending
- $473,876
- Spent on programs
- 90%
- Reserves
- 3.6 months of spending
- Largest source of income
- donations and private grants, 85%
- Employees
- 2
- Volunteers
- 0
- Highest pay
- $143,000, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 81 out of 100. Higher than 57% of charities in its peer group (civil rights, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 3.6 months of spending.
Debt
16 of 20It owes 21% of what it owns.
Living within its means
15 of 15Income exceeded spending by 15% of income.
Income trend
15 of 15Income rose 8% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 59% of charities in its peer group (civil rights, $250k to $1m).
Independent board
25 of 2516 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $424,057 spent. PRODUCED REGULAR, UNBIASED NEWS COVERAGE FOR PUBLIC CONSUMPTION, PUBLISHING CONTENT FIVE DAYS A WEEK. OFFERED TWICE-DAILY EMAIL UPDATES OF IMPORTANT NEWS EVENTS AIMED AT INCREASING CIVIC ENGAGEMENT, HOSTED SIX FORUMS FEATURING ALL OF THE CANDIDATES SEEKING CITY COUNCIL OFFICE. ALL EVENTS WERE FREE AND OPEN TO THE PUBLIC. IN ADDITION, FORUMS WERE LIVE-STREAMED (ALSO FREE) AND BOTH EVENTS SOUGHT AND INCORPORATED PUBLIC INPUT. PRODUCED WEEKLY RADIO PROGRAMS FOR KOOP RADIO BROADCAST AND PODCAST, COVERING LOCAL ELECTIONS, POLITICS AND KEY CIVIC ISSUES. MADE REGULAR APPEARANCES ON KUT EXPANDING ON COVERAGE FOUND IN THE MONITOR.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.