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← INTERNATIONAL CONSORTIUM OF INVESTIGATIVE JOURNALISTS INC

Form 990 for tax year 2025

Filed by INTERNATIONAL CONSORTIUM OF INVESTIGATIVE JOURNALISTS INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2025 , filed 15 September 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$8,939,849
Total expenses
$6,333,880
Contributions and grants received
$7,766,221
Grants paid
$0
Program service revenue
$764,153
Investment income
$404,635
Other revenue
$4,840
Total assets, end of year
$13,009,732
Total liabilities, end of year
$693,824
Net assets or fund balances, end of year
$12,315,908
Program services expenses (Part IX)
$5,184,630
Management and general expenses
$458,346
Fundraising expenses
$690,904
Program service expenses (Part III)
$5,184,630

Program services were 81.9% 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.

  • 1e · Government grants (contributions)

    $1,086,046

  • 1f · All other contributions, gifts and grants

    $6,680,175

  • 2a · Program service revenue: DIRECT SERVICE FEES

    total $764,153 · related or exempt $764,153

  • 3 · Investment income

    total $404,635 · excluded $404,635

  • 11a · Other revenue: TRAINING

    total $4,840 · related or exempt $4,840

  • 11e · Other revenue, total

    $4,840

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $791,292 · program services $588,521 · management and general $92,063 · fundraising $110,708

  • 7 · Other salaries and wages

    total $1,668,543 · program services $1,240,974 · management and general $194,128 · fundraising $233,441

  • 8 · Pension plan contributions

    total $88,753 · program services $66,010 · management and general $10,326 · fundraising $12,417

  • 9 · Other employee benefits

    total $287,440 · program services $213,783 · management and general $33,442 · fundraising $40,215

  • 10 · Payroll taxes

    total $201,288 · program services $149,707 · management and general $23,419 · fundraising $28,162

  • 12 · Advertising and promotion

    total $12,587 · program services $12,556 · management and general $31

  • 13 · Office expenses

    total $68,551 · program services $16,725 · management and general $25,608 · fundraising $26,218

  • 14 · Information technology

    total $104,213 · program services $64,675 · management and general $14,948 · fundraising $24,590

  • 16 · Occupancy

    total $130,440 · program services $119,060 · management and general $5,690 · fundraising $5,690

  • 17 · Travel

    total $182,399 · program services $124,759 · management and general $4,698 · fundraising $52,942

  • 19 · Conferences, conventions and meetings

    total $3,531 · program services $2,090 · management and general $1,441

  • 22 · Depreciation, depletion and amortization

    total $3,261 · program services $3,261

  • 23 · Insurance

    total $82,882 · program services $67,020 · management and general $15,750 · fundraising $112

  • 24a · Other expenses: PROFESSIONAL FEES

    total $2,353,900 · program services $2,164,989 · management and general $34,652 · fundraising $154,259

  • 24b · Other expenses: SERVER COSTS

    total $252,456 · program services $252,456 · management and general $0 · fundraising $0

  • 24c · Other expenses: EDITORIAL SUPPORT

    total $82,618 · program services $78,318 · management and general $2,150 · fundraising $2,150

  • 24d · Other expenses: FOREIGN EXCHANGE LOSS O

    total $19,726 · program services $19,726 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,124,684 · end of year $495,868

  • 3 · Pledges and grants receivable

    beginning of year $298,122 · end of year $751,613

  • 5 · Loans and receivables from officers and key people

    beginning of year $689,992 · end of year $999,251

  • 9 · Prepaid expenses and deferred charges

    beginning of year $52,916 · end of year $56,664

  • 10a · Land, buildings and equipment: cost or other basis

    $55,736

  • 10b · Land, buildings and equipment: accumulated depreciation

    $52,551

  • 10c · Land, buildings and equipment, net

    beginning of year $6,446 · end of year $3,185

  • 12 · Investments: other securities

    beginning of year $8,064,450 · end of year $10,301,546

  • 15 · Other assets

    beginning of year $137,514 · end of year $401,605

  • 17 · Accounts payable and accrued expenses

    beginning of year $238,594 · end of year $291,453

  • 19 · Deferred revenue

    beginning of year $448,986 · end of year $0

  • 25 · Other liabilities

    beginning of year $140,005 · end of year $402,371

  • 27 · Net assets without donor restrictions

    beginning of year $6,633,096 · end of year $7,788,091

  • 28 · Net assets with donor restrictions

    beginning of year $2,913,443 · end of year $4,527,817

Mission and programs · 2025

Mission

INTERNATIONAL CONSORTIUM OF INVESTIGATIVE JOURNALISTS, INC.'S (ICIJ) MISSION IS TO SHOW PEOPLE HOW THE WORLD REALLY WORKS THROUGH STORIES THAT ROCK THE WORLD; FORCING POSITIVE CHANGE.

Activities or mission (Part I)

ICIJ IS A GLOBAL INVESTIGATIVE JOURNALISM NETWORK, AN INTERNATIONAL NEWSROOM AND A BUILDER OF OPEN-SOURCE TOOLS THAT MAKE SENSE OF MASSIVE, COMPLEX DATASETS. OUR CROSS-BORDER STORIES REVEAL BROKEN SYSTEMS AND WIDESPREAD CORRUPTION THAT UNDERMINE PUBLIC GOOD. BY EXPOSING WRONGDOING AND INEQUITY, WE HOLD POWER TO ACCOUNT AND PROVIDE INFORMATION THE WORLD NEEDS TO RIGHT ITSELF. OUR PULITZER PRIZE-WINNING PANAMA PAPERS IS WIDELY REGARDED AS ONE OF THE MOST IMPORTANT STORIES OF OUR TIME. IT EXPOSED HOW THE WEALTHY HIDE MONEY AND DODGE TAXES. PUBLICATION LED TO THE TOPPLING OF WORLD LEADERS AND THE RECOVERY OF $1.4 BILLION IN TAX DOLLARS AND PENALTIES AROUND THE WORLD. WE WORK AT THE INTERSECTION OF SHOE-LEATHER REPORTING AND CUTTING-EDGE TECHNOLOGY, REDEFINING JOURNALISM FOR A GLOBAL, CONNECTED WORLD.

  • EDITORIAL: WITH NEARLY 300 MEMBERS IN 100 COUNTRIES, OUR NETWORK BRINGS UNIQUE TALENTS, EXPERIENCES AND PERSPECTIVES TO THE WORK. OUR 2025 INVESTIGATIONS EXPOSED CHINA'S CAMPAIGN OF TRANSNATIONAL REPRESSION, REVEALED HOW CRYPTOCURRENCY ATMS HAVE ENABLED FRAUD AND DOCUMENTED HUMAN RIGHTS ABUSES IN SYRIA. OUR JOURNALISTS EARNED NUMEROUS NATIONAL AND INTERNATIONAL AWARDS INCLUDING THE MARIA MOORS CABOT PRIZE, THE LIVINGSTON AWARD FOR INTERNATIONAL REPORTING AND THE LORENZO NATALI PRIZE FOR INTERNATIONAL BEST PRACTICES IN JOURNALISM.

    Expenses $3,360,518 · Revenue $764,153

  • TECHNOLOGY: OUR AMBITIOUS INVESTIGATIONS RELY ON DATASHARE, THE OPEN-SOURCE PLATFORM WE BUILT. TODAY, IT IS USED NOT JUST BY ICIJ BUT BY ACADEMICS, GOVERNMENT AGENCIES, NGOS AND NEWSROOMS WORLDWIDE. IN 2025, WE MADE DATASHARE FASTER, MORE RELIABLE AND EASIER TO USE. WE UPGRADED ITS UNDERLYING INFRASTRUCTURE TO SUPPORT THE LATEST SEARCH TECHNOLOGIES AND BUNDLED REQUIRED COMPONENTS INTO THE INSTALLER SO JOURNALISTS NO LONGER NEED TO CONFIGURE ADDITIONAL SOFTWARE TO GET STARTED. RESEARCH AND DATA: ICIJ MAINTAINS A SECURE RESEARCH HUB OF 40 MILLION DOCUMENTS FOR USE BY OUR PARTNERS. WE ALSO PROVIDE PUBLIC ACCESS TO ABOUT ONE MILLION RECORDS IN OUR OFFSHORE LEAKS AND INTERNATIONAL MEDICAL DEVICES DATABASES. IN 2025 ALONE, MORE THAN 3.8 MILLION UNIQUE USERS VIEWED 14.4 MILLION PAGES IN OUR OFFSHORE LEAKS DATABASE.

    Expenses $1,824,112

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Rhona Murphy

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Alexander Papachristou

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Birgit Rieck

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ritu Sarin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dapo Olorunyomi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tony Norman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gerard Ryle

    EXECUTIVE DIRECTOR

    Total calculated
    $315,891
    From this org
    $315,891
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $300,891
    Bonus
    $15,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $315,891

  • Maryse Sulimma

    CHIEF OPERATING OFFICER

    Total calculated
    $223,358
    From this org
    $190,100
    From related orgs
    $0
    Other
    $33,258
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $175,100
    Bonus
    $15,000
    Other
    $0
    Deferred
    $7,004
    Nontaxable benefits
    $26,254
    Filer's total
    $223,358

  • Fergus Shiel

    MANAGING EDITOR

    Total calculated
    $252,044
    From this org
    $205,962
    From related orgs
    $0
    Other
    $46,082
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,962
    Bonus
    $15,000
    Other
    $0
    Deferred
    $7,638
    Nontaxable benefits
    $38,443
    Filer's total
    $252,043

  • Agustin Armendariz

    DATA ANALYST

    Total calculated
    $124,070
    From this org
    $118,478
    From related orgs
    $0
    Other
    $5,592
    Hours/week
    40

  • Benjamin Dooley

    JOURNALIST

    Total calculated
    $167,095
    From this org
    $142,800
    From related orgs
    $0
    Other
    $24,295
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,800
    Bonus
    $0
    Other
    $0
    Deferred
    $4,522
    Nontaxable benefits
    $19,773
    Filer's total
    $167,095

  • Sydney Freedberg

    CHIEF JOURNALIST

    Total calculated
    $177,487
    From this org
    $149,297
    From related orgs
    $0
    Other
    $28,190
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,297
    Bonus
    $0
    Other
    $0
    Deferred
    $5,972
    Nontaxable benefits
    $22,218
    Filer's total
    $177,487

  • David Rowell

    EDITOR

    Total calculated
    $182,449
    From this org
    $141,398
    From related orgs
    $0
    Other
    $41,051
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,398
    Bonus
    $0
    Other
    $0
    Deferred
    $5,656
    Nontaxable benefits
    $35,395
    Filer's total
    $182,449

  • Annys Shin

    DEPUTY MANAGING EDITOR

    Total calculated
    $155,992
    From this org
    $135,660
    From related orgs
    $0
    Other
    $20,332
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,660
    Bonus
    $0
    Other
    $0
    Deferred
    $5,426
    Nontaxable benefits
    $14,906
    Filer's total
    $155,992

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 · 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.

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.

  • ICIJ EUROPE

    INVESTIGATIVE JOURNALISM · EI

    Directly controlled by INTERNATIONAL CONSORTIUM OF INVESTIGATIVE JOURNALISTS INC

Provenance

Return type
form_990
Tax year
2025
Filed
21 July 2026
IRS schema version
2025v4.2
Source object
202622049349301287

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