Global Press Institute
- Assets
- $3.9m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 14
- Location
- Washington, DC
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 20-4421980
Organization Overview
Global Press Institute is located in Washington, DC. The organization was established in 2006. 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 12/2021, Global Press Institute employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Press Institute 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, Global Press Institute generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.7% each year . All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 17.9% per year over the past 6 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNOLOGY AND TRAINING:GLOBAL PRESS INSTITUTE OFFERS TRAINING AND TECHNOLOGY TO WOMEN IN DEVELOPING MEDIA MARKETS. THESE WOMEN TAKE PART IN GPI'S AWARD- WINNING TRAINING PROGRAM TO BECOME PROFESSIONAL JOURNALISTS IN THEIR HOME COMMUNITIES.
REPORTING AND EDITORIAL PROCESSES: GPI INVEST IN REPORTERS AND EDITORS TO ENSURE THAT OUR JOURNALISTS AROUND THE WORLD HAVE ACCESS TO A ROBUST, ETHICAL EDITORIAL PROCESS THAT PRIORITIZES DIGNITY AND PRECISION. EDITORIAL PROCESSES INCLUDE EDITORS, FACT CHECKERS, COPY EDITORS, TRANSLATORS, AND PRODUCERS
DUTY OF CARE: GPI OFFERS THE INDUSTRY-LEADING DUTY OF CARE PROGRAM THAT PROVIDES FOR THE PHYSICAL, EMOTIONAL, DIGITAL AND LEGAL SECURITY OF EVERY JOURNALIST IN OUR NETWROK. THE PROGRAM INCLUDE TRAINING (20%), FULL SCALE IMPLEMENTATION IN DAY-TO-DAY EDITORIAL PROCESSES ( 75%), AND CRISIS RESPONSE (5%)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cristina Hegranes CEO And Publisher | OfficerTrustee | 40 | $215,523 |
Laxmi Parthasarathy COO | Officer | 40 | $165,513 |
Katherine Myrick Director | 40 | $122,200 | |
Jessica Meyers Editor-In-Chief | Officer | 40 | $121,080 |
Anne Avis Co-Chair | OfficerTrustee | 1.15 | $0 |
Ben Mckee Treasurer | OfficerTrustee | 1.15 | $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 | $5,207,884 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,207,884 |
| Total Program Service Revenue | $40,554 |
| Investment income | $1,559 |
| 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 | $5,249,997 |
| 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 | $463,993 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $748,284 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $560,036 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $79,480 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,301 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $565,816 |
| Advertising and promotion | $130,974 |
| Office expenses | $1,318 |
| Information technology | $104,150 |
| Royalties | $0 |
| Occupancy | $14,141 |
| Travel | $17,543 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,648 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,408 |
| Insurance | $13,809 |
| All other expenses | $36,668 |
| Total functional expenses | $2,871,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $430,280 |
| Savings and temporary cash investments | $1,605,392 |
| Pledges and grants receivable | $1,850,000 |
| 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 | $28 |
| Net Land, buildings, and equipment | $55,615 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $300 |
| Total assets | $3,941,615 |
| Accounts payable and accrued expenses | $25,349 |
| 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 | $227,550 |
| Other liabilities | $2,928 |
| Total liabilities | $255,827 |
| Net assets without donor restrictions | $1,505,361 |
| Net assets with donor restrictions | $2,180,427 |
| 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 | $3,941,615 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that Global Press Institute has recieved totaling $3,961,041.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $827,700 |
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $500,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $300,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $300,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $300,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: International Development | $260,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Editorial Projects In Education Inc Bethesda, MD | $35,486,255 | $21,641,400 |
Baltimore Teacher Network Baltimore, MD | $946,016 | $9,863,712 |
Association For Research And Enlightenment Inc Virginia Beach, VA | $20,084,486 | $11,379,644 |
Center For Education Reform Washington, DC | $1,738,343 | $7,208,228 |
Association Of Corporate Travel Executives Inc Bamkruptcy Alexandria, VA | $277,722 | $5,636,042 |
Global Fund For Children Washington, DC | $9,730,095 | $6,479,849 |
International Womens Media Foundation Washington, DC | $17,214,124 | $6,735,111 |
Sunlight For All Institute Baltimore, MD | $20,573,717 | $24,195,292 |
Boardsource Washington, DC | $10,860,434 | $3,803,950 |
National Energy Education Development Project Inc Manassas, VA | $4,802,187 | $4,327,526 |
National Newspapers Publishers Association Washington, DC | $4,689,524 | $3,875,356 |
International Food Information Council Foundation Washington, DC | $2,914,827 | $3,064,394 |