David Brock’s Media Matters Has Hidden $1,052,500 From The IRS Since 2010

TheCitizenAudit ^ | 12/13/16 | Andrew Kerr

[blueyon]

Uncovered financial statements expose Media Matters. The organization received $1,052,500 in sublet rental income from 2010 to 2014, but failed to report this income to the IRS. Instead, key players pocketed this money for their own personal use.

David Brock, recently described by Politico as “the Democrats’ dark-arts master,” has some explaining to do.

His organization, Media Matters for America, has failed to report to the IRS over $1 million in sublet rental income from 2010 to 2014.

David Brock and his allies are most likely pocketing that money for themselves.

Media Matters shares office space with 13 separate organizations

The 13 organizations are documented in a previous report.

Media Matters holds the lease to the 6th floor of 455 Massachusetts Avenue NW in Washington D.C, and the other organizations sublease space from Media Matters.

For example, here’s a rent payment American Bridge 21st Century made to Media Matters in 2014.

There’s nothing wrong with over a dozen organizations sharing office space, but there’s a lot wrong with how Media Matters fails to report their sublet rental income.

Financial Statements for Media Matters

Audited financial statements for Media Matters from 2007 to 2014 can be found in the Massachusetts non-profit document search database using the following credentials:

[Eagles6]

Yeah. Couldn’t remember who is who. Brooks is a supposed Conservative but is also a lib.

[txhurl]

Like Capone, whatever it takes....