Truthout
- Assets
- $881.9k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 23
- Location
- Sacramento, CA
- Founding
- 04/2005
- Data as of
- 04/2022
- EIN
- 20-0031641
Organization Overview
Truthout is located in Sacramento, CA. The organization was established in 2005. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 04/2022, Truthout employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Truthout 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 04/2022, Truthout generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $2.4m during the year ending 04/2022. While expenses have increased by 8.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRUTHOUT WORKS TO SPARK ACTION BY REVEALING SYSTEMIC INJUSTICE AND PROVIDING A PLATFORM FOR TRANSFORMATIVE IDEAS, THROUGH IN-DEPTH INVESTIGATIVE REPORTING AND CRITICAL ANALYSIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRUTHOUT IS AN INDEPENDENT, NONPROFIT NEWS WEBSITE, CENTERING ON AMERICAN POLITICS, HUMAN RIGHTS AND WORLD AFFAIRS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maya Schenwar Editor In Chief | 40 | $96,231 | |
Ziggy Jeffery Publisher | 40 | $95,684 | |
Lewis Gordon Treasurer | Trustee | 10 | $0 |
Robert Naiman President | Trustee | 10 | $0 |
Henry A Giroux Secretary | Trustee | 10 | $0 |
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 | $2,286,224 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,286,224 |
| Total Program Service Revenue | $0 |
| Investment income | $16,111 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $11,998 |
| 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 | $2,314,333 |
| 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. | $191,914 |
| Compensation of current officers, directors, key employees. | $95,957 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,093,589 |
| Pension plan accruals and contributions | $48,237 |
| Other employee benefits | $18,060 |
| Payroll taxes | $105,288 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,700 |
| Fees for services: Accounting | $4,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,000 |
| Advertising and promotion | $268,926 |
| Office expenses | $4,148 |
| Information technology | $158,042 |
| Royalties | $2,288 |
| Occupancy | $0 |
| Travel | $2,018 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,686 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $505 |
| Insurance | $93,927 |
| All other expenses | $60,246 |
| Total functional expenses | $2,384,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,209 |
| Savings and temporary cash investments | $843,960 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $264 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $419 |
| Other assets | $0 |
| Total assets | $881,852 |
| Accounts payable and accrued expenses | $169,306 |
| 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 | $169,306 |
| Net assets without donor restrictions | $712,546 |
| Net assets with donor restrictions | $0 |
| 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 | $881,852 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Truthout has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Christina Heroy Foundation Burlington, VT PURPOSE: OPERATINGSUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Planetary Society Pasadena, CA | $9,508,979 | $4,905,895 |
Prevention Institute Oakland, CA | $12,910,812 | $7,921,442 |
Society For The Study Of Native Arts & Sciences Berkeley, CA | $8,524,775 | $6,247,781 |
Undercurrent Inc San Rafael, CA | $5,890,053 | $8,348,585 |
Solve Me Cfs Initiative Inc Glendale, CA | $1,880,953 | $2,192,325 |
Unreported Story Society Marina Del Ray, CA | $399,103 | $3,017,560 |
Truthout Sacramento, CA | $881,852 | $2,314,333 |
Heyday Berkeley, CA | $2,111,683 | $2,251,217 |
Capital & Main Los Angeles, CA | $794,047 | $1,843,155 |
University Of California Press Foundation Oakland, CA | $23,332,542 | $983,531 |
Center For Accessible Technology Berkeley, CA | $1,757,069 | $1,896,017 |
Small Press Distribution Inc Berkeley, CA | $663,310 | $1,098,757 |