American Press Institute Inc
- Assets
- $44.2m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 13-2690182
Organization Overview
American Press Institute Inc is located in Arlington, VA. The organization was established in 2014. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Press Institute 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 12/2022, American Press Institute Inc generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $5.8m during the year ending 12/2022. While expenses have increased by 13.3% 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.
Since 2019, American Press Institute Inc has awarded 38 individual grants totaling $820,624. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE TRUSTED SOURCE FOR CAREER & LEADERSHIP DEV. FOR THE NEWSMEDIA INDUSTRY IN N. AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TABLE STAKES: TABLE STAKES IS A YEARS-LONG INNOVATIVE LEARNING PROGRAM FACILITATED BY API THAT HELPS NEWS ORGANIZATIONS TRANSFORM THEIR JOURNALISM AND BUSINESS THROUGH INTENSIVE CHANGE-MANAGEMENT TRAINING FOR NEWS LEADERS.
METRICS FOR NEWS (AKA CONTENT STRATEGY): API'S PROPRIETARY PROGRAM THAT HELPS PUBLISHERS BUILD AN EMPIRICAL, DATA-INFORMED NEWS STRATEGY THROUGH CUSTOM-BUILT CONTENT ANALYSIS SOFTWARE, NEW JOURNALISM METRICS AND INNOVATIVE AUDIENCE SURVEYS.
ELECTION SOS PROJECT: TO PROVIDE SUPPORT TO NEWSROOMS AND JOURNALISTS TO ENHANCE THEIR CAPABILITIES FOR COVERING ELECTIONS. THE SUPPORT INCLUDES 1) TRAINING TO HELP NEWSROOM DEVELOP AUDIENCE-CENTRIC STRATEGIES FOR ELECTION REPORTING AND SHARE INSIGHTS PUBLICLY ABOUT THE WORK, 2) ASSISTANCE FOR COVERING COVID-19 RELATED VOTING ACCESS AND SAFETY AND REPORTING THE RESULTS THROUGHOUT THE ELECTION CYCLE AND 3) BUILDING TRUST AND TRANSPARENCY WITH AUDIENCES BY COVERING ELECTION SECURITY THREATS AND MISINFORMATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin D Mowbray Chairman | OfficerTrustee | 1 | $0 |
Mark E Aldman Member | Trustee | 1 | $0 |
James Mark Brady Member | Trustee | 1 | $0 |
Paulette Brown-Hinds Member | Trustee | 1 | $0 |
Mark G Contreras Member | Trustee | 1 | $0 |
Craig Forman Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mayer Media Strategy Consulting | 12/30/22 | $138,877 |
Norc At The University Of Chicago Reseach Consulting | 12/30/22 | $132,000 |
Lynn Walsh Consulting | 12/30/22 | $141,089 |
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 | $2,394,941 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,394,941 |
| Total Program Service Revenue | $472,274 |
| Investment income | $1,069,086 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $54,128 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,990,429 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $671,000 |
| 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. | $650,254 |
| Compensation of current officers, directors, key employees. | $130,050 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,467,267 |
| Pension plan accruals and contributions | $74,109 |
| Other employee benefits | $118,830 |
| Payroll taxes | $115,783 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $477 |
| Fees for services: Accounting | $27,336 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $151,295 |
| Fees for services: Other | $1,339,216 |
| Advertising and promotion | $10,574 |
| Office expenses | $15,756 |
| Information technology | $37,130 |
| Royalties | $0 |
| Occupancy | $9,052 |
| Travel | $118,531 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,155 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $872 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,795,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,795 |
| Savings and temporary cash investments | $161,838 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $162,392 |
| 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 | $38,809 |
| Net Land, buildings, and equipment | $291 |
| Investments—publicly traded securities | $43,575,817 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $44,203,942 |
| Accounts payable and accrued expenses | $77,023 |
| Grants payable | $0 |
| Deferred revenue | $936,049 |
| 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 | $328,365 |
| Total liabilities | $1,341,437 |
| Net assets without donor restrictions | $42,440,526 |
| Net assets with donor restrictions | $421,979 |
| 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 | $44,203,942 |
Grants Awarded
Over the last fiscal year, American Press Institute Inc has awarded $507,100 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HEARKEN PURPOSE: ENGAGED ELECTION | $410,600 |
URL MEDIA HOLDINGS INC PURPOSE: ELECTION COVERAGE | $36,500 |
COX ENTERPRISES INC PURPOSE: BEYOND PRINT CHALLENGE FUND | $15,000 |
SEATTLE TIMES COMPANY PURPOSE: BEYOND PRINT CHALLENGE FUND | $15,000 |
THE PHILADELPHIA INQUIRER LLC PURPOSE: BEYOND PRINT CHALLENGE FUND | $15,000 |
PHOENIX NEWSPAPERS INC PURPOSE: BEYOND PRINT CHALLENGE FUND | $15,000 |