Cityside Journalism Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,624,923 | 1,929,992 | 694,931 | 8.4 | 60% |
| 2021 | 3,671,033 | 3,718,600 | −47,567 | 4.2 | 59% |
| 2022 | 4,223,869 | 4,197,461 | 26,408 | 3.8 | 61% |
| 2023 | 3,805,599 | 4,227,726 | −422,127 | 2.6 | 61% |
In its most recent public year (2023), this organization spent $422,127 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 8.4 in 2020. Staff pay was 61% of spending. $880,042 of its net assets are donor-restricted.
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
Cityside Journalism Initiative's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works