Inside Climate News
- Assets
- $3.1m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 29
- Location
- Brooklyn, NY
- Founding
- 12/2014
- Data as of
- 12/2023
- EIN
- 56-2451141
Organization Overview
Inside Climate News is located in Brooklyn, NY. The organization was established in 2014. According to its NTEE Classification (V99) the organization is classified as: Social Science N.E.C., under the broad grouping of Social Science and related organizations. As of 12/2023, Inside Climate News employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inside Climate News 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, Inside Climate News generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $3.3m during the year ending 12/2023. While expenses have increased by 10.4% 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
INSIDE CLIMATE NEWS IS COMMITTED TO ESTABLISHING A PERMANENT NATIONAL REPORTING NETWORK, TO TRAINING THE NEXT GENERATION OF JOURNALISTS, AND TO STRENGTHENING THE PRACTICE OF ENVIRONMENTAL JOURNALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sassoon President | OfficerTrustee | 40 | $219,947 |
Lawrence Rodman Secretary | OfficerTrustee | 1 | $0 |
Michael Northrop Board Member | Trustee | 1 | $0 |
Ted Loewenthal Treasurer | OfficerTrustee | 1 | $0 |
Jennifer Lee Board Member | Trustee | 1 | $0 |
Judith Albert Chair | OfficerTrustee | 1 | $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 | $3,581,160 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,581,160 |
| Total Program Service Revenue | $7,748 |
| Investment income | $49,396 |
| 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 | $3,638,304 |
| 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. | $235,220 |
| Compensation of current officers, directors, key employees. | $13,941 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,133,669 |
| Pension plan accruals and contributions | $57,749 |
| Other employee benefits | $128,851 |
| Payroll taxes | $177,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71,864 |
| Advertising and promotion | $13,259 |
| Office expenses | $32,984 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,400 |
| Travel | $120,060 |
| 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 | $11,507 |
| Insurance | $8,348 |
| All other expenses | $0 |
| Total functional expenses | $3,302,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,360 |
| Savings and temporary cash investments | $1,586,222 |
| Pledges and grants receivable | $1,315,208 |
| 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 | $31,115 |
| Net Land, buildings, and equipment | $8,812 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,968 |
| Total assets | $3,085,685 |
| Accounts payable and accrued expenses | $48,072 |
| 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 | $5,767 |
| Total liabilities | $53,839 |
| Net assets without donor restrictions | $1,076,846 |
| Net assets with donor restrictions | $1,955,000 |
| 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 | $3,085,685 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inside Climate News Brooklyn, NY | $3,085,685 | $3,638,304 |
American Arbitration Association- International Centre For Dispute New York, NY | $8,435,848 | $1,399,471 |
Mystic River Homes Inc North Haven, CT | $5,308,070 | $1,443,847 |
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Picatinny Technology Innovation Center Randolph, NJ | $0 | $8,960 |
Cambridge Center For Behavioral Studies Inc Littleton, MA | $474,199 | $291,666 |
Aapi Of Queens And Long Island Inc Garden City, NY | $1,183,745 | $412,730 |
Critica Inc Riverdale, NY | $7,568 | $0 |
Zoryan Institute For Contemp Armen Research & Documen Inc Arlington, MA | $62,400 | $0 |
Anti-Poverty Network Of New Jersey Bordentown, NJ | $943 | $0 |
Trac Reports Inc Syracuse, NY | $1,118,367 | $347,735 |
Springfield Rotary Foundation Springfield, NJ | $0 | $0 |
Foundation For The Survival Of The Human Race Inc Spring Lake, NJ | $0 | $1 |