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Nonprofiteer
← CANARY MEDIA INC

Form 990 for tax year 2023

Filed by CANARY MEDIA INC.

Totals

Total revenue
$6,642,620
Total expenses
$2,621,829
Contributions and grants received
$5,906,551
Grants paid
$0
Program service revenue
$708,738
Investment income
$27,331
Other revenue
$0
Total assets, end of year
$1,417,188
Total liabilities, end of year
$255,182
Net assets or fund balances, end of year
$1,162,006
Program services expenses (Part IX)
$2,496,579
Management and general expenses
$36,250
Fundraising expenses
$89,000
Program service expenses (Part III)
$2,496,579

Program services were 95.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Eric WESOFF

    CEO

    Total calculated
    $178,728
    From this org
    $170,334
    From related orgs
    $0
    Other
    $8,394
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,001
    Bonus
    $0
    Other
    $4,333
    Deferred
    $7,263
    Nontaxable benefits
    $1,131
    Filer's total
    $178,728
  • HEATHER MCCREERY

    CFO (THROUGH 7/2024)

    Total calculated
    $424,955
    From this org
    $0
    From related orgs
    $375,677
    Other
    $49,278
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $298,005 related
    Bonus
    $0 + $73,425 related
    Other
    $0 + $4,247 related
    Deferred
    $0 + $15,358 related
    Nontaxable benefits
    $0 + $33,920 related
    Filer's total
    $0 + $424,955 related
  • LENA HANSEN

    SECRETARY, BOARD MEMBER (THROUGH 7/2024)

    Total calculated
    $407,292
    From this org
    $0
    From related orgs
    $374,601
    Other
    $32,691
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $299,936 related
    Bonus
    $0 + $72,325 related
    Other
    $0 + $2,340 related
    Deferred
    $0 + $11,397 related
    Nontaxable benefits
    $0 + $21,294 related
    Filer's total
    $0 + $407,292 related
  • MARTHA PICKETT

    BOARD MEMBER

    Total calculated
    $468,927
    From this org
    $0
    From related orgs
    $427,426
    Other
    $41,501
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $321,918 related
    Bonus
    $0 + $100,000 related
    Other
    $0 + $5,508 related
    Deferred
    $0 + $16,472 related
    Nontaxable benefits
    $0 + $25,029 related
    Filer's total
    $0 + $468,927 related
  • Nicholas RINALDI

    General Manager

    Total calculated
    $175,581
    From this org
    $155,064
    From related orgs
    $0
    Other
    $20,517
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,508
    Bonus
    $0
    Other
    $2,556
    Deferred
    $7,781
    Nontaxable benefits
    $12,736
    Filer's total
    $175,581
  • Jeff ST JOHN

    Director, News & Special Projects

    Total calculated
    $172,568
    From this org
    $140,186
    From related orgs
    $0
    Other
    $32,382
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,281
    Bonus
    $0
    Other
    $2,905
    Deferred
    $7,263
    Nontaxable benefits
    $25,119
    Filer's total
    $172,568
  • Julian SPECTOR

    Senior Reporter

    Total calculated
    $131,895
    From this org
    $119,602
    From related orgs
    $0
    Other
    $12,293
    Hours/week
    40
  • Katherine GOTTSCH

    Senior Director, Content & Partnership

    Total calculated
    $150,668
    From this org
    $136,667
    From related orgs
    $0
    Other
    $14,001
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,065
    Bonus
    $0
    Other
    $2,602
    Deferred
    $7,003
    Nontaxable benefits
    $6,998
    Filer's total
    $150,668
  • Lisa HYMAS

    Executive Editor

    Total calculated
    $168,858
    From this org
    $150,231
    From related orgs
    $0
    Other
    $18,627
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,340
    Bonus
    $0
    Other
    $2,891
    Deferred
    $5,955
    Nontaxable benefits
    $12,672
    Filer's total
    $168,858
  • Michael MUNSELL

    Director, Growth

    Total calculated
    $156,496
    From this org
    $120,604
    From related orgs
    $0
    Other
    $35,892
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $118,240
    Bonus
    $0
    Other
    $2,364
    Deferred
    $6,368
    Nontaxable benefits
    $29,524
    Filer's total
    $156,496

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3
ROCKY MOUNTAIN INSTITUTE (RMI), A RELATED ORGANIZATION, HAS ENGAGED AN OUTSIDE COMPENSATION FIRM TO REVIEW COMPENSATION FOR ALL LEVELS, INCLUDING MANAGING DIRECTORS, UPDATE BENCHMARKS, AND ENSURE COMPENSATION LEVELS ARE APPROPRIATELY COMPETITIVE. THIS REVIEW IS COMPLETED ANNUALLY. RMI REGULARLY ENSURES NEW AND MODIFIED POSITIONS OF ALL LEVELS ARE APPROPRIATELY PRICED WITH REGARD TO SALARY AND BONUS, INCLUDING SENIOR LEVEL POSITIONS. THE PEOPLE COMMITTEE OF RMI'S BOARD OF TRUSTEES ANNUALLY REVIEWS ALL COMPENSATION PRACTICES, MARKET BENCHMARKS, AND VOTES ON FINAL COMPENSATION DECISIONS FOR ALL MANAGING DIRECTORS AND CHIEF OFFICERS. THE APPROVAL OF THESE DECISIONS ARE DOCUMENTED IN THE RMI BOARD MEETING MINUTES AND THE DETAIL OF THE COMPENSATION CHANGES ARE DOCUMENTED IN THE HUMAN RESOURCES SYSTEM.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2023
Filed
30 April 2025
IRS schema version
2023v6.0
Source object
202511209349302261

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