Freedom Of The Press Foundation
- Assets
- $23.2m
- Revenue
- $16.8m
- Investments
- $1.9m
- Employees
- 30
- Location
- Brooklyn, NY
- Founding
- 11/2013
- Data as of
- 12/2023
- EIN
- 46-0967274
Organization Overview
Freedom Of The Press Foundation is located in Brooklyn, NY. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Freedom Of The Press Foundation employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom Of The Press Foundation 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 12/2023, Freedom Of The Press Foundation generated $16.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $5.8m during the year ending 12/2023. While expenses have increased by 19.0% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FREEDOM OF THE PRESS FOUNDATION'S MISSION IS TO PROTECT, DEFEND, AND EMPOWER PUBLIC-INTEREST JOURNALISM IN THE 21ST CENTURY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREEDOM OF THE PRESS FOUNDATION PROTECTS, DEFENDS, AND EMPOWERS PUBLIC-INTEREST JOURNALISM IN THE 21ST CENTURY. ITS LARGEST PROJECT, SECUREDROP, IS AN OPEN-SOURCE WHISTLEBLOWER SUBMISSION SYSTEM. FREEDOM OF THE PRESS FOUNDATION DEVELOPS, MAINTAINS, AND HELPS NEWS ORGANIZATIONS INSTALL THE SOFTWARE. SECUREDROP COMBINES A VARIETY OF OPEN-SOURCE SECURE COMMUNICATIONS TOOLS AND PRACTICES INTO ONE EASIER-TO-USE PACKAGE THAT ALLOWS JOURNALISTS AND SOURCES TO COMMUNICATE SAFELY AND SECURELY ONLINE. SECUREDROP IS CURRENTLY USED AT OVER 60 MAJOR NEWS ORGANIZATIONS WORLDWIDE, INCLUDING THE NEW YORK TIMES, WASHINGTON POST, CNN, THE GUARDIAN, THE ECONOMIST, AND THE INTERCEPT.
FREEDOM OF THE PRESS FOUNDATION OPERATES THE US PRESS FREEDOM TRACKER, A NEWS SITE AND DATABASE THAT ATTEMPTS TO COMPREHENSIVELY DOCUMENT VIRTUALLY EVERY PRESS FREEDOM VIOLATION IN THE UNITED STATES, INCLUDING THE NUMBER OF JOURNALISTS ARRESTED, STOPPED AT THE BORDER, SUBPOENAED, PHYSICALLY ATTACKED, SURVEILLED, AND MORE. IN ADDITION TO ITS REPORTING AND DOCUMENTATION NETWORK, FPF ADVOCATES FOR ROBUST PRESS FREEDOM RIGHTS ON A VARIETY OF ISSUES INCLUDING REPORTER'S PRIVILEGE, THE RIGHT TO PUBLISH, THE FREEDOM OF INFORMATION ACT, THE PROTECTION OF WHISTLEBLOWERS, AND GOVERNMENT TRANSPARENCY.
DIGITAL SECURITY - PROTECTING THE COMMUNICATIONS BETWEEN JOURNALISTS AND SOURCES IS ONE OF THE MOST IMPORTANT PRESS FREEDOM ISSUES OF THE 21ST CENTURY. A RECORD NUMBER OF WHISTLEBLOWERS HAVE RECENTLY BEEN PROSECUTED IN LARGE PART BECAUSE THE GOVERNMENT THINKS IT CAN OBTAIN THE EMAIL AND PHONE CALL RECORDS OF ANY INTERACTION, AND AN INCREASING NUMBER OF JOURNALISTS ARE VULNERABLE TO HACKING FROM CRIMINALS AND FOREIGN GOVERNMENTS. TO END THAT, FREEDOM OF THE PRESS FOUNDATION EVALUATES AND PROVIDES GUIDES FOR A VARIETY OF DIGITAL SECURITY TOOLS FOR JOURNALISTS THAT AIM AT PROTECTING THESE DIGITAL COMMUNICATIONS. WE ALSO TRAIN JOURNALISTS AND NEWS ORGANIZATIONS IN HOW TO USE OPEN-SOURCE DIGITAL SECURITY TOOLS, SO THEY CAN KEEP THEIR SOURCES--AND THEMSELVES--SAFER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trevor Timm Ed/board Member | OfficerTrustee | 50 | $246,090 |
Rainey Reitman President | OfficerTrustee | 2 | $0 |
Edward Snowden Board Member | Trustee | 1 | $0 |
John Cusack Board Member | Trustee | 1 | $0 |
Daniel Ellsberg Board Member (until 5/2023) | Trustee | 1 | $0 |
Wesley Lowery Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kevin O'gorman Software Engineering | 12/30/23 | $147,636 |
Rowen Shane Software Engineering | 12/30/23 | $138,501 |
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 | $16,431,562 |
| Noncash contributions included in lines 1a–1f | $20,081 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,431,562 |
| Total Program Service Revenue | $170,629 |
| Investment income | $189,363 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,732 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,800,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| 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. | $406,246 |
| Compensation of current officers, directors, key employees. | $116,921 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,867,781 |
| Pension plan accruals and contributions | $103,729 |
| Other employee benefits | $374,107 |
| Payroll taxes | $261,709 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,260 |
| Fees for services: Accounting | $113,246 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,761 |
| Fees for services: Other | $181,896 |
| Advertising and promotion | $11,092 |
| Office expenses | $73,801 |
| Information technology | $928,133 |
| Royalties | $0 |
| Occupancy | $167,136 |
| Travel | $74,575 |
| 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 | $3,029 |
| All other expenses | $0 |
| Total functional expenses | $5,776,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,345,403 |
| Savings and temporary cash investments | $13,210,827 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $181,567 |
| 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 | $86,252 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $29,224 |
| Investments—other securities | $1,933,459 |
| Investments—program-related | $0 |
| Intangible assets | $961,569 |
| Other assets | $472,713 |
| Total assets | $23,221,014 |
| Accounts payable and accrued expenses | $412,025 |
| Grants payable | $0 |
| Deferred revenue | $16,896 |
| 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 | $461,989 |
| Total liabilities | $890,910 |
| Net assets without donor restrictions | $20,186,647 |
| Net assets with donor restrictions | $2,143,457 |
| 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 | $23,221,014 |
Grants Awarded
Over the last fiscal year, Freedom Of The Press Foundation has awarded $1,223,401 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FLOOR64 INC PURPOSE: PROJECT FUNDING - TECHDIRT | $70,000 |
QUIET RIDDLE VENTURES PURPOSE: PROJECT FUNDING - OPEN WHISPER | $1,153,151 |
MUCKROCK FOUNDATION INC PURPOSE: PROJECT FUNDING - TRANSPARENCY FOR POLICE | $250 |