Totals
- Total revenue
- $1,866,625
- Total expenses
- $1,724,090
- Contributions and grants received
- $1,866,625
- Grants paid
- $1,500,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $7,000,524
- Total liabilities, end of year
- $500,000
- Net assets or fund balances, end of year
- $6,500,524
- Program services expenses (Part IX)
- $1,500,000
- Management and general expenses
- $221,855
- Fundraising expenses
- $2,235
- Program service expenses (Part III)
- $1,500,000
Program services were 87.0% 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
$1,866,625
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,500,000 · program services $1,500,000
-
11b · Fees: legal
total $2,456 · management and general $2,456
-
11c · Fees: accounting
total $4,500 · management and general $4,500
-
11g · Fees: other
total $131,293 · management and general $131,293
-
12 · Advertising and promotion
total $2,235 · fundraising $2,235
-
13 · Office expenses
total $7,985 · management and general $7,985
-
16 · Occupancy
total $72,000 · management and general $72,000
-
17 · Travel
total $3,442 · management and general $3,442
-
24a · Other expenses: LICENSES AND FEES
total $179 · management and general $179
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $30,739 · end of year $184,509
-
3 · Pledges and grants receivable
beginning of year $6,327,250 · end of year $6,816,015
-
24 · Unsecured notes and loans payable
end of year $500,000
-
27 · Net assets without donor restrictions
beginning of year $6,357,989 · end of year $6,500,524
Mission and programs · 2023
Mission
1) TO SUPPORT JOURNALISM ON POLICY AND CULTURAL ISSUES IN THE PUBLIC INTEREST.2) TO TRAIN AND EDUCATE ASPIRING JOURNALISTS.
Activities or mission (Part I)
SEE PAGE 2.
-
TO SUPPORT JOURNALISM ON POLICY AND CULTURAL ISSUES AND TO TRAIN AND EDUCATE ASPIRING JOURNALISTS.
Expenses $1,500,000 · Grants $1,500,000
As filed on the 2023 return.
Listed in Part VII
-
MOLLIE HEMINGWAY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
MARK HEMINGWAY
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
NICHOLAS NORDSETH
TREASURER
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
-
$1,500,000
TO SUPPORT JOURNALISM ON POLICY AND CULTURAL ISSUES AND TO TRAIN AND EDUCATE ASPIRING JOURNALISTS.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423209349311412
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