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← DEMOCRACY A JOURNAL OF IDEAS INC

Form 990 for tax year 2023

Filed by DEMOCRACY A JOURNAL OF IDEAS INC.

Totals

Total revenue
$834,549
Total expenses
$588,840
Contributions and grants received
$829,886
Grants paid
$0
Program service revenue
$4,663
Investment income
$0
Other revenue
$0
Total assets, end of year
$890,220
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$890,220
Program services expenses (Part IX)
$304,768
Management and general expenses
$140,424
Fundraising expenses
$143,648
Program service expenses (Part III)
$304,768

Program services were 51.8% 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

    $829,886

  • 2a · Program service revenue: SUBSCRIPTION REVENUE

    total $4,663 · related or exempt $4,663

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $182,000 · program services $81,900 · management and general $72,800 · fundraising $27,300

  • 6 · Compensation of disqualified persons

    total $64,422 · program services $28,990 · management and general $25,769 · fundraising $9,663

  • 9 · Other employee benefits

    total $14,139 · management and general $14,139

  • 10 · Payroll taxes

    total $19,548 · program services $8,797 · management and general $7,819 · fundraising $2,932

  • 11b · Fees: legal

    total $2,196 · management and general $2,196

  • 11c · Fees: accounting

    total $3,882 · management and general $3,882

  • 11g · Fees: other

    total $101,465 · fundraising $101,465

  • 14 · Information technology

    total $11,119 · program services $11,119

  • 16 · Occupancy

    total $29,692 · program services $29,692

  • 17 · Travel

    total $2,986 · program services $1,493 · fundraising $1,493

  • 23 · Insurance

    total $516 · program services $516

  • 24a · Other expenses: WRITERS AND COPYEDITING

    total $68,592 · program services $68,592

  • 24b · Other expenses: OTHER PUBLICATION COSTS

    total $27,729 · program services $27,729

  • 24c · Other expenses: PRINTING AND REPRODUCTI

    total $23,115 · program services $23,115

  • 24d · Other expenses: SUPPLIES

    total $17,549 · program services $17,549

  • 24e · All other expenses

    total $19,890 · program services $5,276 · management and general $13,819 · fundraising $795

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $660,090 · end of year $786,879

  • 3 · Pledges and grants receivable

    end of year $100,000

  • 12 · Investments: other securities

    end of year $1,274

  • 15 · Other assets

    beginning of year $2,066 · end of year $2,067

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,645

  • 27 · Net assets without donor restrictions

    beginning of year $644,511 · end of year $890,220

Mission and programs · 2023

Mission

TO BUILD A VIBRANT AND VITAL PROGRESSIVISM FOR THE TWENTY-FIRST CENTURY THAT BUILDS ON THE MOVEMENT'S PROUD HISTORY, IS TRUE TO ITS CENTRAL VALUES, AND IS RELEVANT TO PRESENT TIMES. PUBLISH THE QUARTERLY NONPARTISAN JOURNAL "DEMOCRACY: A JOURNAL OF IDEAS"

Activities or mission (Part I)

TO BUILD A VIBRANT AND VITAL PROGRESSIVISM FOR THE TWENTY-FIRST CENTURY THAT BUILDS ON THE MOVEMENT'S PROUD HISTORY, IS TRUE TO ITS CENTRAL VALUES, AND IS RELEVANT TO PRESENT TIMES. PUBLISH THE QUARTERLY NONPARTISAN JOURNAL "DEMOCRACY: A JOURNAL OF IDEAS."

  • PUBLISHED 4 QUARTERLY ISSUES OF A PERIODICAL WHICH SPURS INTELLECTUAL DEBATE ON ISSUES FACING AMERICANS AND THE WORLDWIDE SOCIETY.

    Expenses $304,768 · Revenue $4,663

As filed on the 2023 return.

Listed in Part VII

  • Andrei Cherny

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Shane Bateman

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Robert Abernethy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bernard Schwartz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William Budinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nick Hanauer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Tomasky

    EDITOR

    Total calculated
    $100,000
    From this org
    $100,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jack Meserve

    MANAGING EDITOR

    Total calculated
    $82,000
    From this org
    $82,000
    From related orgs
    $0
    Other
    $0
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202413209349324321

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