Form 990 for tax year 2022
Filed by POYNTER INSTITUTE FOR MEDIA STUDIES INC.
Totals
- Total revenue
- $14,970,668
- Total expenses
- $14,375,166
- Contributions and grants received
- $10,275,160
- Grants paid
- $1,471,079
- Program service revenue
- $4,232,469
- Investment income
- $301,275
- Other revenue
- $161,764
- Total assets, end of year
- $52,443,430
- Total liabilities, end of year
- $356,780
- Net assets or fund balances, end of year
- $52,086,650
- Program services expenses (Part IX)
- $12,850,933
- Management and general expenses
- $1,151,921
- Fundraising expenses
- $372,312
- Program service expenses (Part III)
- $12,850,933
Program services were 89.4% 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.
-
1b · Membership dues
$719,125
-
1c · Fundraising events
$352,945
-
1e · Government grants (contributions)
$40,164
-
1f · All other contributions, gifts and grants
$9,162,926
-
2a · Program service revenue: TEACHING REVENUE
total $2,332,129 · related or exempt $2,332,129
-
2b · Program service revenue: LICENSING REVENUE
total $1,900,340 · related or exempt $1,900,340
-
3 · Investment income
total $309,961 · excluded $309,961
-
5 · Royalties
total $6,120 · excluded $6,120
-
6a · Gross rents
real property $216,388
-
6b · Less rental expenses
real property $188,770
-
6c · Rental income or loss
real property $27,618
-
6d · Net rental income or loss
total $27,618 · excluded $27,618
-
7a · Gross sales of assets other than inventory
securities $3,274
-
7b · Less cost or other basis and sales expenses
securities $11,960
-
7c · Gain or loss
securities -$8,686
-
7d · Net gain or loss
total -$8,686 · excluded -$8,686
-
8a · Fundraising events: gross income
$33,320
-
8a · Fundraising events: contributions included on line 1c
$352,945
-
8b · Fundraising events: direct expenses
$187,255
-
8c · Net income from fundraising events
total -$153,935 · excluded -$153,935
-
11a · Other revenue: POLITIFACT ADVERTISING
total $150,426 · unrelated business $150,426
-
11b · Other revenue: CAREER CENTER ADVERTISING
total $86,468 · unrelated business $86,468
-
11c · Other revenue: CAREER CENTER REVENUE
total $45,067 · related or exempt $45,067
-
11e · Other revenue, total
$281,961
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $310,854 · program services $310,854
-
3 · Grants to foreign organizations and individuals
total $1,160,225 · program services $1,160,225
-
5 · Compensation of officers, directors and key employees
total $817,147 · program services $597,202 · management and general $138,924 · fundraising $81,021
-
7 · Other salaries and wages
total $4,562,708 · program services $3,791,930 · management and general $626,670 · fundraising $144,108
-
8 · Pension plan contributions
total $44,223 · program services $31,511 · management and general $12,712
-
9 · Other employee benefits
total $523,748 · program services $406,149 · management and general $117,599
-
10 · Payroll taxes
total $375,275 · program services $280,537 · management and general $94,738
-
11b · Fees: legal
total $14,584 · program services $13,917 · management and general $667
-
11c · Fees: accounting
total $60,252 · program services $1,889 · management and general $51,876 · fundraising $6,487
-
11g · Fees: other
total $2,025,224 · program services $2,002,148 · management and general $19,573 · fundraising $3,503
-
12 · Advertising and promotion
total $58,177 · program services $57,973 · fundraising $204
-
13 · Office expenses
total $231,729 · program services $222,390 · management and general $7,945 · fundraising $1,394
-
14 · Information technology
total $82,286 · program services $70,375 · management and general $10,095 · fundraising $1,816
-
16 · Occupancy
total $456,393 · program services $441,086 · management and general $14,043 · fundraising $1,264
-
17 · Travel
total $633,634 · program services $615,180 · management and general $17,888 · fundraising $566
-
19 · Conferences, conventions and meetings
total $287,665 · program services $158,320 · management and general $2,243 · fundraising $127,102
-
22 · Depreciation, depletion and amortization
total $635,702 · program services $614,346 · management and general $19,598 · fundraising $1,758
-
24a · Other expenses: VISITING PROFESSORS
total $812,095 · program services $812,095
-
24b · Other expenses: SPONSORSHIP EXPENSE
total $533,481 · program services $533,481
-
24c · Other expenses: EQUIPMENT MAINTENANCE
total $394,459 · program services $374,326 · management and general $17,064 · fundraising $3,069
-
24d · Other expenses: PROGRAM DEVELOPMENT
total $330,407 · program services $330,407
-
24e · All other expenses
total $24,898 · program services $24,592 · management and general $286 · fundraising $20
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,581,971 · end of year $4,361,841
-
6 · Loans and receivables from disqualified persons
beginning of year $4,988,582 · end of year $4,988,582
-
8 · Inventories for sale or use
beginning of year $58,469 · end of year $68,944
-
9 · Prepaid expenses and deferred charges
end of year $79,928
-
10a · Land, buildings and equipment: cost or other basis
$21,931,297
-
10b · Land, buildings and equipment: accumulated depreciation
$16,362,305
-
10c · Land, buildings and equipment, net
beginning of year $6,009,402 · end of year $5,568,992
-
11 · Investments: publicly traded securities
beginning of year $14,030,517 · end of year $14,341,854
-
12 · Investments: other securities
beginning of year $22,366,624 · end of year $22,366,624
-
14 · Intangible assets
beginning of year $733,332 · end of year $666,665
-
17 · Accounts payable and accrued expenses
beginning of year $15,014 · end of year $28,542
-
21 · Escrow or custodial account liability
beginning of year $14,214 · end of year $10,616
-
25 · Other liabilities
beginning of year $248,521 · end of year $317,622
-
27 · Net assets without donor restrictions
beginning of year $39,806,651 · end of year $39,899,813
-
28 · Net assets with donor restrictions
beginning of year $11,684,497 · end of year $12,186,837
Mission and programs · 2022
Mission
THE POYNTER INSTITUTE IS A SCHOOL DEDICATED TO TEACHING AND INSPIRING JOURNALISTS AND MEDIA LEADERS. IT PROMOTES EXCELLENCE AND INTEGRITY IN THE PRACTICE OF CRAFT AND IN THE PRACTICAL LEADERSHIP OF SUCCESSFUL BUSINESSES. IT STANDS FOR A JOURNALISM THAT INFORMS CITIZENS AND ENLIGHTENS PUBLIC DISCOURSE. IT CARRIES FORWARD NELSON POYNTER'S BELIEF IN THE VALUE OF INDEPENDENT JOURNALISM.
Activities or mission (Part I)
THE POYNTER INSTITUTE IS A SCHOOL DEDICATED TO TEACHING AND INSPIRING JOURNALISTS AND MEDIA LEADERS.
-
THE POYNTER INSTITUTE IN ST. PETERSBURG, FL, IS A SCHOOL DEDICATED TO THE BELIEF THAT THE PRACTICE OF EXCELLENT JOURNALISM IS ESSENTIAL TO A SUCCESSFUL DEMOCRACY.LED BY A PRESIDENT, SENIOR VICE PRESIDENT AND VICE PRESIDENT, POYNTER EMPLOYS A FULL-TIME FACULTY AND STAFF, AS WELL AS NUMEROUS ADJUNCT TEACHERS TO REACH ITS PRINCIPAL AUDIENCES OF PROFESSIONAL AND NONPROFESSIONAL JOURNALISTS, EDUCATORS AND MEDIA LEADERS. IN ADDITION, THE INSTITUTE OFFERS PROGRAMS FOR COLLEGE, HIGH SCHOOL AND MIDDLE SCHOOL STUDENTS, AS WELL AS FOR CITIZENS INTERESTED IN LEARNING MORE ABOUT JOURNALISM AND ITS IMPACT ON SOCIETY.THESE COURSES ARE OFFERED AT MANY LOCATIONS, INCLUDING POYNTER'S HEADQUARTERS, NOTABLE CONFERENCE LOCATIONS IN MAJOR CITIES, AND CLIENT LOCATIONS AS CUSTOM PROGRAMS DESIGNED FOR SPECIFIC AUDIENCES.POYNTER'S CURRICULUM, BOTH IN CONTENT AND DELIVERY, EMPHASIZES THE NEW AND THE TIMELESS. AT THE HEART OF POYNTER'S CURRENT COURSE LIST ARE PROGRAMS FOR MASTERING THE TOOLS REQUIRED IN TODAY'S FAST-CHANGING MEDIA WORLD. ITS ON-CAMPUS SEMINAR LIST INCLUDES TITLES LIKE THESE: ESSENTIAL SKILLS FOR NEW MANAGERS, LEADERSHIP ACADEMY, AND REPORTING & EDITING SUMMIT. POYNTER CONTINUES TO STRESS JOURNALISTIC ESSENTIALS BLENDED WITH EXAMPLES THAT FIT THE MODERN NEWSROOM ROLES AND STRUCTURE. THOSE PROGRAMS FOCUS ON REPORTING, WRITING, AND EDITING; ETHICAL DECISION-MAKING; DIVERSITY; MANAGEMENT AND LEADERSHIP; AND DIGITAL JOURNALISM.IN ADDITION TO ITS COURSES, POYNTER ALSO LEADS EFFORTS TO HELP GUARANTEE THAT THE PRACTICE OF JOURNALISM WILL BE SUSTAINED IN THE FUTURE. FOR EXAMPLE:- THE CREATION OF THE CRAIG NEWMARK CENTER FOR ETHICS AND LEADERSHIP TO EXPAND POYNTER'S ROLE IN ETHICS AND LEADERSHIP TRAINING, INCLUDING TO PROVIDE CUSTOM ADVICE AND TRAINING TO PROFESSIONAL NEWSROOMS ON STORIES AND POLICIES, ADVANCE THE ETHICAL STANDARDS THAT GUIDE PROFESSIONAL NEWS ORGANIZATIONS, HOST GATHERINGS WHERE JOURNALISTS AND EXPERTS CAN EXCHANGE IDEAS AND SPONSOR RESEARCH INTO BUILDING TRUST IN NEWS AND THE DEMOCRATIC PROCESS.- TOPICAL REPORTING SEMINARS, SUPPORTED BY THE MACARTHUR FOUNDATION AND OTHER FUNDERS, MEET THE GROWING NEED TO PROVIDE JOURNALISTS AND OTHERS WITH SUBJECT-SPECIFIC EXPERTISE AND PRACTICAL REPORTING TRAINING ON ISSUES OR TOPICS IN THE NEWS.- AN ENDOWMENT TRANSFERRED TO POYNTER FROM THE NEWSPAPER ASSOCIATION OF AMERICA (LATER AMERICAN PRESS INSTITUTE) RECEIVED FROM THE KNIGHT FOUNDATION TRACKS THE DIGITAL TRANSFORMATION OF NEWS MEDIA AND ENABLES POYNTER TO EXTEND THE PRACTICAL TRAINING OF DIGITAL TOOLS.IN 2022, 40,274 STUDENTS PARTICIPATED IN 243 REGULAR OR CUSTOM COURSES AND PUBLIC PROGRAMS. MANY OF THEM RECEIVED SCHOLARSHIPS OR OTHER ASSISTANCE WITH TUITION AND/OR TRAVEL EXPENSES. POYNTER UNDERWRITES A PORTION OF PROGRAM COSTS FOR ALL STUDENTS. THOUSANDS OF STUDENTS, PROFESSORS, AND OTHER PROFESSIONALS RECEIVED ASSISTANCE WITH TUITION OR ATTENDED VARIOUS POYNTER PROGRAMS FREE OF CHARGE. IN ADDITION TO THEIR WORK AT THE INSTITUTE, POYNTER FACULTY MEMBERS PROVIDE PRO BONO INSTRUCTIONAL SERVICE TO JOURNALISM ORGANIZATIONS, PARTICULARLY THOSE INTENDED TO SERVE MEMBERS OF MINORITY GROUPS. IN 2022, IN PARTNERSHIP WITH THE TAMPA BAY RAYS, THE CITY OF ST. PETERSBURG, AND THE WELLS FARGO FOUNDATION, POYNTER CONTINUED ITS COMMITMENT TO THE "WRITE FIELD" PROGRAM TO TEACH AT-RISK MIDDLE SCHOOL BOYS IN ITS HOME COMMUNITY THE VALUE OF WRITING AND JOURNALISM THROUGH THE CONTEXT OF A ONE-YEAR WRITING AND LIFE SKILLS PROGRAM.POYNTER ENJOYS A GLOBAL REPUTATION. IN 2022, POYNTER TRAINED INDIVIDUALS FROM ALL 50 STATES AND OVER 160 COUNTRIES. THE MOST RECENT COURSE OFFERINGS CAN BE LOCATED ON THE WEB AT WWW.POYNTER.ORG.
Expenses $6,109,320 · Revenue $2,357,196
-
POYNTER ALSO PROVIDES IN-DEPTH, NON-PARTISAN FACT-CHECKING BOTH WITH GUIDELINES AND GOVERNANCE FOR FACT-CHECKERS WORLDWIDE AS WELL AS THROUGH DOMESTIC PRACTICES. THE INTERNATIONAL FACT-CHECKING NETWORK (IFCN) IS A UNIT OF THE POYNTER INSTITUTE DEDICATED TO BRINGING TOGETHER FACT-CHECKERS WORLDWIDE. THE IFCN WAS LAUNCHED IN SEPTEMBER 2015 TO SUPPORT A BOOMING CROP OF FACT-CHECKING INITIATIVES BY PROMOTING BEST PRACTICES AND EXCHANGES IN THIS FIELD. IN ADDITION TO SUPPORTING A CODE OF PRINCIPLES WITH 133 ORGANIZATIONS PARTICIPATING IN THE 2021 VERIFICATION PROCESS FOR FACT-CHECKERS WORLDWIDE, THE IFCN ALSO PROVIDES GLOBAL TRAINING AND SUMMITS TO IMPROVE THE CRAFT. FOR ITS COLLABORATION EFFORTS, THE IFCN WAS NOMINATED IN 2021 FOR THE NOBEL PEACE PRIZE. POYNTER ALSO MANAGES ONE OF THE FOREMOST NATIONAL FACT-CHECKING BRANDS, POLITIFACT. POLITIFACT PROVIDES DAILY FACT-CHECKING AND RESOURCES TO BOTH JOURNALISTS AND THE PUBLIC. IN ADDITION, POLITIFACT TRAINS AND EDUCATES OTHER FACT-CHECKERS AS WELL AS HOLDS CITIZEN TRAINING EVENTS.
Expenses $5,775,098 · Grants $1,424,354 · Revenue $1,879,340
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IN ADDITION, THE POYNTER INSTITUTE EXPANDED ITS MEDIAWISE PROJECT. THE MEDIAWISE PROJECT EMPOWERS PEOPLE OF ALL AGES TO BECOME MORE CRITICAL CONSUMERS OF CONTENT ONLINE, TEACHING PEOPLE DIGITAL MEDIA LITERACY AND FACT-CHECKING SKILLS TO SPOT MISINFORMATION AND DISINFORMATION, WITH INITIATIVES SPECIFICALLY DESIGNED TO ENGAGE GEN Z, COLLEGE STUDENTS AND OLDER AMERICANS. IN 2022, THE MEDIAWISE CONTENT WAS VIEWED OVER 15 MILLION TIMES. IN TOTAL, MEDIAWISE HAS REACHED OVER 90 MILLION PEOPLE SINCE ITS INCEPTION IN 2018.
Expenses $966,515 · Grants $46,725 · Revenue $41,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
LORI BERGEN
TRUSTEE
- Total calculated
- $6,000
- From this org
- $6,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
STEPHEN BUCKLEY
TRUSTEE
- Total calculated
- $5,000
- From this org
- $5,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
MONICA DAVEY
TRUSTEE
- Total calculated
- $6,000
- From this org
- $6,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
PAULA ELLIS
TRUSTEE
- Total calculated
- $6,000
- From this org
- $6,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
ROBERT KING
TRUSTEE
- Total calculated
- $6,000
- From this org
- $6,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
ANN MARIE LIPINSKI
TRUSTEE
- Total calculated
- $6,000
- From this org
- $6,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
JENNIFER ORSI
TRUSTEE
- Total calculated
- $2,000
- From this org
- $2,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
NEIL BROWN
PRESIDENT
- Total calculated
- $335,897
- From this org
- $305,143
- From related orgs
- $0
- Other
- $30,754
- Hours/week
- 37.5 + 5 related
Schedule J breakdown matched by us
- Base
- $303,559
- Bonus
- $0
- Other
- $1,584
- Deferred
- $3,140
- Nontaxable benefits
- $30,240
- Filer's total
- $338,523
-
JESSICA M NAVARRO
COO & CFO
- Total calculated
- $217,680
- From this org
- $183,754
- From related orgs
- $0
- Other
- $33,926
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $183,538
- Bonus
- $0
- Other
- $216
- Deferred
- $1,981
- Nontaxable benefits
- $34,571
- Filer's total
- $220,306
-
KELLY B MCBRIDE
SENIOR VP
- Total calculated
- $218,692
- From this org
- $197,420
- From related orgs
- $0
- Other
- $21,272
- Hours/week
- 37.5 + 1 related
Schedule J breakdown matched by us
- Base
- $196,388
- Bonus
- $0
- Other
- $1,032
- Deferred
- $2,043
- Nontaxable benefits
- $21,855
- Filer's total
- $221,318
-
PAUL C TASH
CHAIRMAN
- Total calculated
- $250,197
- From this org
- $0
- From related orgs
- $246,016
- Other
- $4,181
- Hours/week
- 5 + 37.5 related
Schedule J breakdown matched by us
- Base
- $0 + $246,016 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $4,897 related
- Filer's total
- $0 + $250,913 related
-
CONAN GALLATY
TRUSTEE
- Total calculated
- $374,296
- From this org
- $0
- From related orgs
- $358,527
- Other
- $15,769
- Hours/week
- 1 + 37.5 related
Schedule J breakdown matched by us
- Base
- $0 + $358,527 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $17,202 related
- Filer's total
- $0 + $375,729 related
-
ALAN D TOMPKINS
SR FACULTY, BROADCAST (THRU 3/23)
- Total calculated
- $171,872
- From this org
- $157,518
- From related orgs
- $0
- Other
- $14,354
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $157,518
- Bonus
- $0
- Other
- $0
- Deferred
- $1,575
- Nontaxable benefits
- $14,662
- Filer's total
- $173,755
-
AARON M SHAROCKMAN
VP SALES & STRATEGIC PARTNERSHIPS
- Total calculated
- $133,568
- From this org
- $132,246
- From related orgs
- $0
- Other
- $1,322
- Hours/week
- 37.5
-
DEBORAH W READ
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $142,714
- From this org
- $141,539
- From related orgs
- $0
- Other
- $1,175
- Hours/week
- 37.5
-
DORIS N TRONG
DIR. OF TEACHING & DIVERSITY STRATEGIES
- Total calculated
- $143,384
- From this org
- $133,168
- From related orgs
- $0
- Other
- $10,216
- Hours/week
- 37.5
-
SITARA NIEVES
FACULTY
- Total calculated
- $161,600
- From this org
- $160,000
- From related orgs
- $0
- Other
- $1,600
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $160,000
- Bonus
- $0
- Other
- $0
- Deferred
- $1,600
- Nontaxable benefits
- $1,306
- Filer's total
- $162,906
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 · 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
-
$49,854
FACT CHECKING INNOVATION INNITIATIVE ROUND 2
-
$49,500
FACT CHECKING INNOVATION INNITIATIVE ROUND 2
-
$48,500
VACCINE GRANT PROGRAM
-
$45,000
CLIMATE MISINFORMATION GRANT
-
$45,000
CLIMATE MISINFORMATION GRANT
-
$15,000
MEDIAWISE PROGRAM
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.
-
501(C)(3) · CHARITABLE · FL
-
THE POYNTER INSTITUTE FOUNDATION
501(C)(3) · SUPPORTING · FL · controlled entity
Directly controlled by THE POYNTER INSTITUTE FOR MEDIA STUDIES INC
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 corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · HOLDING CO · FL · 100% owned · share of income $68,022,488 · share of assets $19,412,646 · controlled entity
Directly controlled by THE POYNTER INSTITUTE FOR MEDIA STUDIES INC
-
C · MEDIA CO · FL · 100% owned · controlled entity
Directly controlled by TIMES HOLDING COMPANY
-
C · PERIODICAL · FL · 100% owned · controlled entity
Directly controlled by TIMES PUBLISHING COMPANY
-
C · NEWSPAPERS · FL · 100% owned · controlled entity
Directly controlled by TIMES HOLDING COMPANY
-
C · PERIODICAL · FL · 100% owned · controlled entity
Directly controlled by TIMES HOLDING COMPANY
-
C · MEDIA CO · FL · 100% owned · controlled entity
Directly controlled by TIMES PUBLISHING COMPANY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323189349303962
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