News Media Alliance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,021,662 | 8,628,467 | 393,195 | 26.4 | 34% |
| 2021 | 7,719,219 | 8,849,090 | −1,129,871 | 24.9 | 37% |
| 2022 | 12,451,597 | 8,898,943 | 3,552,654 | 25.9 | 32% |
| 2023 | 8,854,133 | 10,663,677 | −1,809,544 | 20.1 | 26% |
In its most recent public year (2023), this organization spent $1,809,544 more than it brought in. Its reserves stood at about 20.1 months of spending, down from 26.4 in 2020. Staff pay was 26% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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