Grist Magazine Inc
- Assets
- $10.3m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 83
- Location
- Seattle, WA
- Founding
- 04/2003
- Data as of
- 09/2023
- EIN
- 06-1664153
Organization Overview
Grist Magazine Inc is located in Seattle, WA. The organization was established in 2003. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 09/2023, Grist Magazine Inc employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grist Magazine Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Grist Magazine Inc generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $8.9m during the year ending 09/2023. While expenses have increased by 10.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
AMONG GRIST'S PROGRAM ACCOMPLISHMENTS IN FY2023 WERE: 1. PUBLISHING CLIMATE AND SUSTAINABILITY NEWS AND COMMENTARY. GRIST PUBLISHED MORE THAN 900 ARTICLES ON CLIMATE AND SUSTAINABILITY TOPICS DURING THE FISCAL YEAR, RANGING FROM SHORT NEWS ITEMS TO IN-DEPTH INTERVIEWS AND FEATURES. THE ORGANIZATION REACHED BETWEEN 1,200,000 - 1,500,000 READERS PER MONTH, INCLUDING WEBSITE VISITORS, EMAIL SUBSCRIBERS, AND OFFSITE (PRIMARILY SOCIAL-MEDIA) AUDIENCES. 2. FOSTERING CIVIC ENGAGEMENT. GRIST'S GOAL IS TO CREATE A VIBRANT COMMUNITY OF PEOPLE WHO SUPPORT SUSTAINABILITY; MAKE SUSTAINABLE CHOICES AND ENCOURAGE THEIR COMMUNITIES TO DO THE SAME; AND ENCOURAGE READERS TO USE SOCIAL MEDIA AND OTHER TOOLS TO ACTIVATE THEIR PERSONAL NETWORKS AND TO CREATE LASTING CHANGE. GRIST ON-SITE SURVEYS INDICATE THAT 65-70 PERCENT OF USERS TAKE ACTION BASED ON GRIST CONTENT, MAKING MORE SUSTAINABLE CHOICES IN THEIR HOMES AND COMMUNITIES. 3. TRAIN A NEW GENERATION OF JOURNALISTS. BY PROVIDING HANDS-ON JOURNALISM EXPERIENCE AS WELL AS EXPOSURE TO LEADING ENVIRONMENTAL THINKERS, THE GRIST FELLOWSHIP PROGRAM TRAINS EARLY-CAREER JOURNALISTS TO BECOME EFFECTIVE ENVIRONMENTAL COMMUNICATORS. GRIST HOSTS GROUPS OF FIVE FELLOWS FOR SIX-MONTH TERMS. FELLOWS PARTICIPATE IN RESEARCH AND STORY GENERATION, CRAFTING INVESTIGATIVE STORIES AND GROUND BREAKING MULTIMEDIA PROJECTS. 4. SERVING AS A RESOURCE FOR OTHER MEDIA. GRIST INFORMS AND INFLUENCES COVERAGE OF CLIMATE AND ENERGY IN MAJOR MEDIA INCLUDING THE NEW YORK TIMES, WASHINGTON POST, HUFFINGTON POST, MSNBC, POLITICO, AND VOX, AND HAS SERVED AS AN EXPERT SOURCE FOR MSNBC, ABC, NBC, CNN, AND OTHER NETWORKS. ACROSS THE COUNTRY, JOURNALISTS AND OTHER INFLUENCERS TURN TO GRIST FOR ENLIGHTENMENT AND ELABORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nikhil Swaminathan CEO | OfficerTrustee | 45 | $232,652 |
Natasha Berman COO | Officer | 45 | $225,109 |
Jess Stahl Editor, Creative Storytelling | 40 | $196,819 | |
Rebekah Cardwell Director Of Finance | Officer | 45 | $150,857 |
Patrick Director Of Fundraising | Officer | 45 | $146,360 |
Lisa Jurras-Buchanan Director Content Operations | 40 | $128,205 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,232,699 |
| Noncash contributions included in lines 1a–1f | $1,998 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,232,699 |
| Total Program Service Revenue | $0 |
| Investment income | $129,527 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,595,247 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,089,288 |
| Compensation of current officers, directors, key employees. | $105,932 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,505,039 |
| Pension plan accruals and contributions | $139,895 |
| Other employee benefits | $534,147 |
| Payroll taxes | $445,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,008 |
| Fees for services: Accounting | $63,594 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $985,703 |
| Advertising and promotion | $40,917 |
| Office expenses | $62,808 |
| Information technology | $281,017 |
| Royalties | $0 |
| Occupancy | $221,669 |
| Travel | $199,084 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,570 |
| Insurance | $32,939 |
| All other expenses | $0 |
| Total functional expenses | $8,930,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,172,563 |
| Savings and temporary cash investments | $19,736 |
| Pledges and grants receivable | $2,536,240 |
| Accounts receivable, net | $99,116 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $118,153 |
| Net Land, buildings, and equipment | $59,834 |
| Investments—publicly traded securities | $3,272,971 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,278,613 |
| Accounts payable and accrued expenses | $758,183 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $758,183 |
| Net assets without donor restrictions | $7,072,570 |
| Net assets with donor restrictions | $2,447,860 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,278,613 |