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← INSIDE CLIMATE NEWS

Form 990 for tax year 2024

Filed by INSIDE CLIMATE NEWS.

Totals

Total revenue
$6,576,178
Total expenses
$3,893,230
Contributions and grants received
$6,470,987
Grants paid
$0
Program service revenue
$18,873
Investment income
$86,318
Other revenue
$0
Total assets, end of year
$5,889,256
Total liabilities, end of year
$174,462
Net assets or fund balances, end of year
$5,714,794
Program services expenses (Part IX)
$3,319,237
Management and general expenses
$210,202
Fundraising expenses
$363,791
Program service expenses (Part III)
$3,319,237

Program services were 85.3% 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

    $6,470,987

  • 2a · Program service revenue: PROGRAM INCOME

    total $18,873 · related or exempt $18,873

  • 3 · Investment income

    total $86,318 · excluded $86,318

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $260,360 · program services $218,894 · management and general $15,430 · fundraising $26,036

  • 7 · Other salaries and wages

    total $2,504,399 · program services $2,105,534 · management and general $148,426 · fundraising $250,439

  • 8 · Pension plan contributions

    total $74,117 · program services $62,313 · management and general $4,393 · fundraising $7,411

  • 9 · Other employee benefits

    total $169,051 · program services $142,126 · management and general $10,018 · fundraising $16,907

  • 10 · Payroll taxes

    total $212,500 · program services $178,656 · management and general $12,594 · fundraising $21,250

  • 11c · Fees: accounting

    total $25,425 · program services $21,376 · management and general $1,507 · fundraising $2,542

  • 11g · Fees: other

    total $49,110 · program services $36,988 · management and general $1,119 · fundraising $11,003

  • 12 · Advertising and promotion

    total $13,512 · program services $13,512

  • 13 · Office expenses

    total $36,410 · program services $30,611 · management and general $2,158 · fundraising $3,641

  • 16 · Occupancy

    total $44,009 · program services $37,000 · management and general $2,608 · fundraising $4,401

  • 17 · Travel

    total $113,256 · program services $95,218 · management and general $6,712 · fundraising $11,326

  • 22 · Depreciation, depletion and amortization

    total $3,350 · program services $2,816 · management and general $199 · fundraising $335

  • 23 · Insurance

    total $8,203 · program services $6,897 · management and general $486 · fundraising $820

  • 24a · Other expenses: OUTSIDE WRITERS & EDITO

    total $302,723 · program services $302,723

  • 24b · Other expenses: INTERNET & WEB DEVELOPM

    total $76,805 · program services $64,573 · management and general $4,552 · fundraising $7,680

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $132,360 · end of year $248,204

  • 2 · Savings and temporary cash investments

    beginning of year $1,586,222 · end of year $2,472,699

  • 3 · Pledges and grants receivable

    beginning of year $1,315,208 · end of year $3,016,108

  • 9 · Prepaid expenses and deferred charges

    beginning of year $31,115 · end of year $51,869

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

    $15,300

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

    $9,838

  • 10c · Land, buildings and equipment, net

    beginning of year $8,812 · end of year $5,462

  • 15 · Other assets

    beginning of year $11,968 · end of year $94,914

  • 17 · Accounts payable and accrued expenses

    beginning of year $48,072 · end of year $83,990

  • 25 · Other liabilities

    beginning of year $5,767 · end of year $90,472

  • 27 · Net assets without donor restrictions

    beginning of year $1,076,846 · end of year $1,918,544

  • 28 · Net assets with donor restrictions

    beginning of year $1,955,000 · end of year $3,796,250

Mission and programs · 2024

Mission

INSIDE CLIMATE NEWS IS COMMITTED TO ESTABLISHING A PERMANENT NATIONAL REPORTING NETWORK, TO TRAINING THE NEXT GENERATION OF JOURNALISTS, AND TO STRENGTHENING THE PRACTICE OF ENVIRONMENTAL JOURNALISM.

  • SEE SCHEDULE O

    Expenses $3,319,237

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAVID SASSOON

    PRESIDENT

    Total calculated
    $250,301
    From this org
    $233,564
    From related orgs
    $0
    Other
    $16,737
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,564
    Bonus
    $0
    Other
    $0
    Deferred
    $9,665
    Nontaxable benefits
    $7,072
    Filer's total
    $250,301

  • LAWRENCE RODMAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL NORTHROP

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TED LOEWENTHAL

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER LEE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JUDITH ALBERT

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • SHIRLEY M CARSWELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KRISTEN MULLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RICHARD GRAVES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ZANAGEE ARTIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANTONIETA CADIZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CLARK HOYT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BAKEYAH NELSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KARL R RABAGO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MEGAN BOYLE

    DIRECTOR OF DEVELOPMENT AN

    Total calculated
    $146,436
    From this org
    $141,000
    From related orgs
    $0
    Other
    $5,436
    Hours/week
    40

  • VERNON LOEB

    EXECUTIVE EDITOR

    Total calculated
    $178,685
    From this org
    $165,169
    From related orgs
    $0
    Other
    $13,516
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,169
    Bonus
    $0
    Other
    $0
    Deferred
    $6,680
    Nontaxable benefits
    $6,836
    Filer's total
    $178,685

  • MICHAEL KODAS

    SENIOR EDITOR

    Total calculated
    $116,488
    From this org
    $112,000
    From related orgs
    $0
    Other
    $4,488
    Hours/week
    40

  • ERIN COLLIER

    SENIOR EDITOR

    Total calculated
    $102,008
    From this org
    $102,000
    From related orgs
    $0
    Other
    $8
    Hours/week
    40

  • CAROLINE JONES

    SENIOR EDITOR

    Total calculated
    $111,207
    From this org
    $100,593
    From related orgs
    $0
    Other
    $10,614
    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

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 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
26 June 2025
IRS schema version
2024v5.2
Source object
202501779349301100

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