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Nonprofiteer
← EURASIANET INC

Form 990 for tax year 2023

Filed by EURASIANET INC.

Totals

Total revenue
$481,318
Total expenses
$664,423
Contributions and grants received
$471,303
Grants paid
$0
Program service revenue
$0
Investment income
$15
Other revenue
$10,000
Total assets, end of year
$152,054
Total liabilities, end of year
$35,324
Net assets or fund balances, end of year
$116,730
Program services expenses (Part IX)
$440,221
Management and general expenses
$165,192
Fundraising expenses
$59,010
Program service expenses (Part III)
$440,221

Program services were 66.3% 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.

  • 1e · Government grants (contributions)

    $315,268

  • 1f · All other contributions, gifts and grants

    $156,035

  • 3 · Investment income

    total $15 · excluded $15

  • 11a · Other revenue: OTHER INCOME

    total $10,000 · excluded $10,000

  • 11e · Other revenue, total

    $10,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $207,772 · program services $94,897 · management and general $57,628 · fundraising $55,247

  • 7 · Other salaries and wages

    total $75,001 · program services $67,500 · management and general $7,501

  • 9 · Other employee benefits

    total $182 · program services $182

  • 10 · Payroll taxes

    total $15,532 · program services $8,925 · management and general $3,574 · fundraising $3,033

  • 11b · Fees: legal

    total $9,600 · management and general $9,600

  • 11c · Fees: accounting

    total $40,075 · management and general $40,075

  • 11g · Fees: other

    total $281,616 · program services $255,213 · management and general $26,403

  • 13 · Office expenses

    total $16,980 · program services $488 · management and general $16,492

  • 14 · Information technology

    total $2,766 · program services $1,589 · management and general $637 · fundraising $540

  • 17 · Travel

    total $13,927 · program services $10,868 · management and general $3,059

  • 22 · Depreciation, depletion and amortization

    total $972 · program services $559 · management and general $223 · fundraising $190

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $55,726 · end of year $23,080

  • 2 · Savings and temporary cash investments

    beginning of year $125,002 · end of year $5,000

  • 3 · Pledges and grants receivable

    beginning of year $161,261 · end of year $118,690

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,566 · end of year $3,044

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

    $74,058

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

    $71,818

  • 10c · Land, buildings and equipment, net

    beginning of year $3,212 · end of year $2,240

  • 17 · Accounts payable and accrued expenses

    beginning of year $47,932 · end of year $35,324

  • 27 · Net assets without donor restrictions

    beginning of year $160,509 · end of year $116,730

  • 28 · Net assets with donor restrictions

    beginning of year $139,326 · end of year $0

Mission and programs · 2023

Mission

EURASIANET IS AN INDEPENDENT NEWS ORGANIZATION THAT COVERS NEWS FROM AND ABOUT THE SOUTH CAUCASUS AND CENTRAL ASIA, PROVIDING ON-THE-GROUND REPORTING AND CRITICAL PERSPECTIVES ON THE MOST IMPORTANT DEVELOPMENTS IN THE REGION. WE STRIVE TO PROVIDE INFORMATION USEFUL TO POLICYMAKERS, SCHOLARS, AND INTERESTED CITIZENS BOTH IN AND OUTSIDE OF EURASIA. CONTENT IS PUBLISHED IN BOTH ENGLISH AND RUSSIAN.EURASIANET IS A TAX-EXEMPT [501(C)3] ORGANIZATION BASED AT COLUMBIA UNIVERSITY'S HARRIMAN INSTITUTE, ONE OF THE LEADING CENTERS IN NORTH AMERICA OF SCHOLARSHIP ON EURASIA. WE ARE FUNDED BY THE OPEN SOCIETY FOUNDATIONS, THE NATIONAL ENDOWMENT FOR DEMOCRACY, COLUMBIA UNIVERSITY'S SALTZMAN INSTITUTE OF WAR AND PEACE STUDIES AND OTHER GRANT-MAKING INSTITUTIONS, AND ARE ADVISED BY A BOARD OF TRUSTEES.

Activities or mission (Part I)

EURASIANET IS AN INDEPENDENT NEWS ORGANIZATION THAT COVERS NEWS FROM AND ABOUT THE SOUTH CAUCASUS AND CENTRAL ASIA, PROVIDING ON-THE-GROUND REPORTING AND CRITICAL PERSPECTIVES ON THE MOST IMPORTANT DEVELOPMENTS IN THE REGION.

  • EURASIANET IS AN INDEPENDENT NEWS ORGANIZATION WITH OVER TWO DECADES OF EXPERIENCE IN PUBLISHING ORIGINAL INFORMATION AND ANALYSIS ABOUT RUSSIA AND THE REST OF EURASIA, REACHING A GLOBAL AUDIENCE IN BOTH ENGLISH AND RUSSIAN. IN 2016, IT ESTABLISHED ITSELF AS AN INDEPENDENT, TAX-EXEMPT 501(C)3 NEWS ORGANIZATION. THE SAME YEAR EURASIANET ENTERED INTO A PARTNERSHIP AGREEMENT WITH COLUMBIA UNIVERSITY'S HARRIMAN INSTITUTE. EURASIANET AT THE END OF ITS FISCAL YEAR IN 2023 HAD AN AVERAGE MONTHLY COMBINED READERSHIP TOTALING MORE THAN 1.2 MILLION UNIQUE VISITORS ACROSS ALL OUR DISTRIBUTION CHANNELS, INCLUDING DIRECT TRAFFIC TO OUR WEBSITE AND BRANDED SOCIAL MEDIA CHANNELS, AS WELL AS VERIFIABLE REPRINTS BY THIRD-PARTY MEDIA OUTLETS. IN 2023, EURASIANET EXPANDED ITS PROGRAMMATIC ACTIVITIES, INSTITUTING A MENTORING PROGRAM TO PROVIDE PRACTICAL OPPORTUNITIES TO NON-JOURNALISTS (I.E. ACADEMICS, EXPERTS AND NON-GOVERNMENTAL ORGANIZATION ACTIVISTS) TO IMPROVE THEIR COMMUNICATIONS SKILLS. OVER THE YEARS, EURASIANET HAS GARNERED NUMEROUS AWARDS, INCLUDING AN HONOR IN 2018 FROM THE WEBBY AWARDS FOR A SPECIAL FEATURE ABOUT L00TH ANNIVERSARY OF THE BOLSHEVIK REVOLUTION. THE WEBBIES ARE DESCRIBED AS THE OSCARS OF THE INTERNET. IN 2011, THE NEWS ORGANIZATION GARNERED AN EPPY AWARD IN THE CATEGORY OF BEST NEWS WEBSITE WITH UNDER 250,000 UNIQUE VISITS PER MONTH, PRESENTED BY EDITOR & PUBLISHER MAGAZINE.

    Expenses $440,221

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Justin Burke

    EXECUTIVE DIRECTOR/SECRETA

    Total calculated
    $195,162
    From this org
    $124,374
    From related orgs
    $0
    Other
    $70,788
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $124,374
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $70,788
    Filer's total
    $195,162
  • Jeffrey Trimble

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Paule Robitaille

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Jo Weir

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Rena Effendi

    DIRECTOR (THROUGH 2/24)

    Total calculated
    $0
    Hours/week
    0.5
  • Valentina Izmirliyeva

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Nargis Kassenova

    DIRECTOR (THROUGH 2/24)

    Total calculated
    $0
    Hours/week
    0.5

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 · 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
2023
Filed
28 April 2025
IRS schema version
2023v6.0
Source object
202521189349301722

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