Calmatters
- Assets
- $10.3m
- Revenue
- $12.3m
- Investments
- $5.2m
- Employees
- 88
- Location
- Sacramento, CA
- Founding
- 09/2015
- Data as of
- 12/2023
- EIN
- 47-2474086
Organization Overview
Calmatters is located in Sacramento, CA. The organization was established in 2015. According to its NTEE Classification (R40) the organization is classified as: Voter Education & Registration, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, Calmatters employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Calmatters 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, Calmatters generated $12.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $11.7m during the year ending 12/2023. While expenses have increased by 33.0% 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
TO IMPROVE CALIFORNIAS DEMOCRACY BY MAKING ITS GOVERNMENT MORE TRANSPARENT AND ACCOUNTABLE AND GIVING CALIFORNIANS THE INFORMATION THEY NEED TO UNDERSTAND AND ENGAGE WITH THAT GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDITORIAL/REPORTING: CALMATTERS WAS FOUNDED IN 2015 AS A NONPROFIT, NONPARTISAN JOURNALISM VENTURE FOCUSED ON CALIFORNIA POLITICS AND POLICY. OUR TARGET AUDIENCE IS CIVICALLY ENGAGED CALIFORNIANS, INCLUDING VOTERS AND THOSE WHO MIGHT BE MOTIVATED TO VOTE, ALONG WITH CIVIC LEADERS, STATE LEGISLATORS AND THEIR STAFFS, LOBBYISTS, ACADEMICS AND ACTIVISTS. OUR MISSION IS TO FILL THE VOID IN STATE GOVERNMENT COVERAGE CAUSED BY THE DECLINE OF TRADITIONAL JOURNALISM ORGANIZATIONS AND TO IMPROVE CALIFORNIAS DEMOCRACY BY INCREASING GOVERNMENT TRANSPARENCY, HOLDING POLITICIANS ACCOUNTABLE, AND EMPOWERING CALIFORNIANS TO PARTICIPATE MEANINGFULLY IN THEIR OWN GOVERNANCE. WE DO THAT BY INFORMING AND ENGAGING CALIFORNIANS ABOUT STATE GOVERNMENT AND PUBLIC POLICY THAT AFFECTS THEIR LIVES, WITH A FOCUS ON EDUCATION, ENVIRONMENT, ECONOMY, HEALTH AND THE
ENVIRONMENT.ENVIRONMENTAL REGULATION, EDUCATION, HEALTH CARE, CRIMINAL JUSTICE, ECONOMIC INEQUALITY THE DEBATES ON THESE ISSUES AND OTHERS HAVE A PROFOUND IMPACT ON THE LIVES OF 38 MILLION CALIFORNIANS AND BEYOND. YET, MIRRORING TRENDS ACROSS THE COUNTRY, THERE HAS BEEN A SIGNIFICANT DECLINE IN THE NUMBER OF JOURNALISTS COVERING THE CAPITOL IN SACRAMENTO. THIS HAS MEANT FEWER EYES ON DECISION MAKERS, AND A PUBLIC THAT FEELS DISCONNECTED FROM ITS STATE GOVERNMENT.OUR TEAM OF EXPERIENCED JOURNALISTS, WITH THE TIME AND RESOURCES TO DIG DEEP, IS COMMITTED TO MEANINGFULLY INFORMING CALIFORNIANS ABOUT THE PLAYERS, POLITICS, AND INTERESTS THAT SHAPE THE ISSUES THAT AFFECT THEIR LIVES. TO ENSURE WE REACH MANY CALIFORNIANS, WE WORK WITH MORE THAN 180 MEDIA PARTNERS THROUGHOUT THE STATE THAT
HAVE LONG, DEEP RELATIONSHIPS WITH THEIR LOCAL AUDIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Chase CEO | Officer | 40 | $359,274 |
Katherine Looby Chief Development | 40 | $218,102 | |
David Lesher Senior Editor | 40 | $216,300 | |
Vicki Haddock Managing Editor | 40 | $149,644 | |
Kristen Go Gipner Editor In Chief | 40 | $140,874 | |
Sang Foon Rhee Deputy Managing Ed | 40 | $143,626 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
10up Inc Website Dev | 12/30/23 | $236,750 |
Thomas Gerrity Consulting | 12/30/23 | $119,997 |
Tanya Erlach Editorial Events | 12/30/23 | $130,254 |
Arjuna Soriano Digital Strategy | 12/30/23 | $108,000 |
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 | $11,384,655 |
| Noncash contributions included in lines 1a–1f | $1,046,198 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,384,655 |
| Total Program Service Revenue | $537,993 |
| Investment income | $234,708 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $106,640 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,263,996 |
| 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. | $594,600 |
| Compensation of current officers, directors, key employees. | $20,028 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,693,037 |
| Pension plan accruals and contributions | $302,664 |
| Other employee benefits | $828,940 |
| Payroll taxes | $549,576 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,176 |
| Fees for services: Accounting | $20,382 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,079 |
| Advertising and promotion | $0 |
| Office expenses | $69,275 |
| Information technology | $704,677 |
| Royalties | $0 |
| Occupancy | $232,939 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $114,199 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,177 |
| Insurance | $35,849 |
| All other expenses | $0 |
| Total functional expenses | $11,716,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $890,792 |
| Savings and temporary cash investments | $132,910 |
| Pledges and grants receivable | $3,447,939 |
| 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 | $148,512 |
| Net Land, buildings, and equipment | $124,760 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,181,594 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $380,075 |
| Total assets | $10,306,582 |
| Accounts payable and accrued expenses | $714,016 |
| Grants payable | $0 |
| Deferred revenue | $104,000 |
| 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 | $802,079 |
| Total liabilities | $1,620,095 |
| Net assets without donor restrictions | $2,178,247 |
| Net assets with donor restrictions | $6,508,240 |
| 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 | $10,306,582 |