Totals
- Total revenue
- $2,986,533
- Total expenses
- $2,149,316
- Contributions and grants received
- $2,699,136
- Grants paid
- $0
- Program service revenue
- $277,352
- Investment income
- $2,012
- Other revenue
- $8,033
- Total assets, end of year
- $1,423,327
- Total liabilities, end of year
- $107,949
- Net assets or fund balances, end of year
- $1,315,378
- Program services expenses (Part IX)
- $1,647,208
- Management and general expenses
- $370,082
- Fundraising expenses
- $132,026
- Program service expenses (Part III)
- $1,647,208
Program services were 76.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$2,699,136
-
2a · Program service revenue: ADVERTISING INCOME
total $146,993 · unrelated business $146,993
-
2b · Program service revenue: SUBSCRIPTIONS
total $129,663 · related or exempt $129,663
-
2c · Program service revenue: NEWSSTAND SALES & MAIL
total $696 · related or exempt $696
-
3 · Investment income
total $2,012 · excluded $2,012
-
5 · Royalties
total $7,995 · excluded $7,995
-
11a · Other revenue: MISC. REVENUE-EXCLUDED
total $38 · excluded $38
-
11e · Other revenue, total
$38
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $438,191 · program services $300,061 · management and general $69,065 · fundraising $69,065
-
7 · Other salaries and wages
total $740,924 · program services $643,456 · management and general $62,373 · fundraising $35,095
-
9 · Other employee benefits
total $95,286 · program services $82,781 · management and general $10,025 · fundraising $2,480
-
10 · Payroll taxes
total $108,550 · program services $86,213 · management and general $12,487 · fundraising $9,850
-
11b · Fees: legal
total $39,083 · program services $3,092 · management and general $35,991
-
11c · Fees: accounting
total $75,554 · management and general $75,554
-
11g · Fees: other
total $47,426 · program services $6,042 · management and general $41,384
-
12 · Advertising and promotion
total $128,629 · program services $116,769 · management and general $5,456 · fundraising $6,404
-
13 · Office expenses
total $54,965 · program services $21,583 · management and general $33,382
-
16 · Occupancy
total $64,751 · program services $51,800 · management and general $7,123 · fundraising $5,828
-
17 · Travel
total $34,867 · program services $22,250 · management and general $12,617
-
19 · Conferences, conventions and meetings
total $22,282 · program services $22,282
-
23 · Insurance
total $36,715 · program services $29,372 · management and general $4,039 · fundraising $3,304
-
24a · Other expenses: MANUSCRIPT FEES
total $225,767 · program services $225,767
-
24b · Other expenses: PRODUCTION
total $35,370 · program services $35,370
-
24c · Other expenses: STAFF EXPENSE
total $956 · program services $370 · management and general $586
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $268,656 · end of year $514,660
-
2 · Savings and temporary cash investments
end of year $251,098
-
3 · Pledges and grants receivable
beginning of year $400,000 · end of year $488,362
-
4 · Accounts receivable
beginning of year $22,546 · end of year $29,640
-
9 · Prepaid expenses and deferred charges
beginning of year $35,038 · end of year $94,117
-
10a · Land, buildings and equipment: cost or other basis
$19,670
-
10b · Land, buildings and equipment: accumulated depreciation
$19,670
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $1,847 · end of year $45,450
-
15 · Other assets
beginning of year $4,824 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $130,570 · end of year $83,440
-
19 · Deferred revenue
beginning of year $48,050 · end of year $24,509
-
24 · Unsecured notes and loans payable
end of year $0
-
25 · Other liabilities
beginning of year $79,124 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year -$74,833 · end of year $470,670
-
28 · Net assets with donor restrictions
beginning of year $550,000 · end of year $844,708
Mission and programs · 2024
Mission
THE AMERICAN PROSPECT'S MISSION IS TO ADVANCE IDEAS THROUGH INDEPENDENT JOURNALISM THAT INFORMS, CHALLENGES, AND INSPIRES OUR READERS. WE SEEK TO PROVIDE DEEP ANALYSIS, INVESTIGATIVE REPORTING, AND COMMENTARY THAT STRENGTHENS DEMOCRACY.
-
PUBLISHES "THE AMERICAN PROSPECT," A MAGAZINE, AND RELATED INTERNET WEBSITE WHICH CONTAINS SCHOLARLY AND LITERARY ARTICLES DESIGNED TO INFORM THE PUBLIC ON PUBLIC POLICY. THE MAGAZINE IS DISTRIBUTED AND SOLD THROUGHOUT THE UNITED STATES AND INTERNATIONALLY.
Expenses $1,647,208 · Revenue $277,352
As filed on the 2024 return.
Listed in Part VII
-
David DayenDAVID DAYEN
PRESIDENT
- Total calculated
- $175,738
- From this org
- $136,432
- From related orgs
- $0
- Other
- $39,306
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,432
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $39,306
- Filer's total
- $175,738
-
Robert KuttnerROBERT KUTTNER
CO-FOUNDER, DIRECTOR
- Total calculated
- $121,034
- From this org
- $121,034
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Mitchell GrummonMITCHELL GRUMMON
PUBLISHER
- Total calculated
- $78,492
- From this org
- $72,668
- From related orgs
- $0
- Other
- $5,824
- Hours/week
- 40
-
Ellen J MeanyELLEN J MEANY
PUBLISHER UNTIL JUL 2024
- Total calculated
- $57,989
- From this org
- $46,744
- From related orgs
- $0
- Other
- $11,245
- Hours/week
- 40
-
Ganesh SitaramanGANESH SITARAMAN
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Michael SternMICHAEL STERN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Paul StarrPAUL STARR
CO-FOUNDER, DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Amy HanauerAMY HANAUER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Derrick JacksonDERRICK JACKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Miles RapoportMILES RAPOPORT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Adele SimmonsADELE SIMMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jacob HackerJACOB HACKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shanti FrySHANTI FRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stan GreenbergSTAN GREENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca DixonREBECCA DIXON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jon HartJON HART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Randall KennedyRANDALL KENNEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Javier MorilloJAVIER MORILLO
DIRECTOR UNTIL JUL 2024
- Total calculated
- $0
- Hours/week
- 1
-
Valerie WilsonVALERIE WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eli LuberoffELI LUBEROFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay OwensLINDSAY OWENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan CantorDAN CANTOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Harold MeyersonHAROLD MEYERSON
EDITOR-AT-LARGE
- Total calculated
- $113,123
- From this org
- $112,496
- From related orgs
- $0
- Other
- $627
- Hours/week
- 40
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
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601339349303615
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