Real News Project Inc
- Assets
- $260.5k
- Revenue
- $431.2k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 20-4219729
Organization Overview
Real News Project Inc, operating under the name Whowhatwhy, is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, 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. Whowhatwhy 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 12/2021, Whowhatwhy generated $431.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $415.4k during the year ending 12/2021. While expenses have increased by 1.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WHOWHATWHY OUR OPERATING UNIT IS A GLOBAL NONPROFIT NEWS ORGANIZATION COMMITTED TO REPORTING WITH AN OPEN MIND AND A RESPECT FOR COMPLEXITY AND NUANCE. WE MAINTAIN OUR INDEPENDENCE IN AN ADVERTISING FREE ENVIRONMENT AND OFFER UNCONVENTIONAL INSIGHT INTO MAJOR ISSUES AT NO COST TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE PIONEERS IN THE AREA OF ELECTION INTEGRITY HAVING PROVIDED SOME OF THE FIRST IN-DEPTH COVERAGE OF 21ST CENTURY VOTER SUPPRESSION. WE HAVE PRODUCED IMPORTANT STUDENT VOTING GUIDES AND BOOKS ON THE FUNCTIONALITY OF DIGITAL VOTING MACHINES. WE ARE A TRUSTED INFORMATION RESOURCE FOR THE PUBLIC IN THIS CRITICAL AREA OF OUR DEMOCRACY
WE ARE INNOVATORS IN LAUNCHING AND RUNNING EDUCATIONAL PROGRAMS TRAINING A NEW GENERATION OF JOURNALISTS FOR THE FUTURE. OUR MENTOR-APPRENTICE PROGRAM MATCHES DOZENS OF ASPIRING WRITERS AND NEWS REPORTERS WITH SEASONED VETERANS ANNUALLY DELIVERING COST FREE GRADUATE LEVEL JOURNALISM TRAINING IN NEWS AND FEATURE WRITING DEEP RESEARCH AND NAVIGATING SPECIAL INTEREST AGENDAS.
WE DEVOTE CONSIDERABLE EFFORT TO RESEARCHING AND SHARING INNOVATIVE PRACTICES FOR NEWSROOMS AND NONPROFIT ORGANIZATIONS. THESE INCLUDE NEW WAYS OF STORYTELLING - AT A TIME WHEN ATTENTION IS MORE FRAGMENTED THAN EVER - AND MAKING COMPLEX ISSUES COMPREHENSIBLE AND INTERESTING TO THE PUBLIC ENSURING THAT THE MOST CONSEQUENTIAL MATTERS OF THE DAY GET A FAIR HEARING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Baker President | OfficerTrustee | 40 | $122,500 |
Jonathan Larsen Board Chairman And Treasurer | OfficerTrustee | 1 | $0 |
Richard Schrader Board Secretary | Trustee | 1 | $0 |
Joel Bluestein Board Member | Trustee | 0.5 | $0 |
Lynne White Board Member | Trustee | 0.5 | $0 |
Ginger Mcguire Board Member | Trustee | 0.5 | $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 | $431,151 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $431,151 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $431,151 |
| 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. | $122,500 |
| Compensation of current officers, directors, key employees. | $55,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,965 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $232,432 |
| Advertising and promotion | $1,712 |
| Office expenses | $9,890 |
| Information technology | $11,618 |
| Royalties | $998 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $2,093 |
| All other expenses | $0 |
| Total functional expenses | $415,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,454 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $260,454 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $260,454 |
| 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 | $260,454 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Real News Project Inc has recieved totaling $170,025.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: ARTS AND CULTURE | $60,000 |
Bluestein Family Foundation Inc Westwood, NJ PURPOSE: CHARITABLE | $45,000 |
Rockefeller Family Fund Inc New York, NY PURPOSE: GENERAL SUPPORT - INSTITUTIONAL ACCOUNTABILITY & INDIVIDUAL LIBERTY | $25,000 |
Larsen Fund Harrison, NY PURPOSE: ANNUAL FUND | $25,000 |
The Leonard And Sophie Davis Fund San Francisco, CA PURPOSE: SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Performance Review Institute Inc Warrendale, PA | $74,694,465 | $42,815,654 |
First Look Media Works Inc New York, NY | $8,923,263 | $13,712,748 |
Princeton University Press Princeton, NJ | $151,044,829 | $27,595,157 |
Technology Review Inc Cambridge, MA | $6,822,000 | $19,424,000 |
Project Veritas Mamaroneck, NY | $11,883,753 | $22,034,786 |
Journal Of Bone And Joint Surgery Inc Needham, MA | $35,717,891 | $10,120,492 |
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
Retro Report Inc Mystic, CT | $1,128,827 | $6,590,447 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
National Braille Press Inc Boston, MA | $10,542,006 | $5,176,920 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |