Southerly
- Assets
- $140.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- Data as of
- 12/2021
- EIN
- 85-2638065
Organization Overview
Southerly is located in Louisville, KY. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, 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. Southerly 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, Southerly generated $151.6k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $120.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
EDITORIAL STORIES EQUIPING SOUTHERN COMMUNITIES TO FACE INJUSTICES WITH JOURNALISM, RESOURCES AND INFORMATION TO BE HEALTHIER AND SAFER AND MORE EMPOWERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dee Davis Treasurer | 3 | $0 | |
Katie Fogleman Board President & VP Of Digital Str | 5 | $0 | |
Katharine Schimel Board Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,629 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,639 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $109,867 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,868 |
| Total expenses | $120,735 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $140,313 |
| Other assets | $0 |
| Total assets | $140,313 |
| Total liabilities | $553 |
| Net assets or fund balances | $139,760 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Southerly has recieved totaling $76,269.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $46,269 |
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: PUBLIC & SOCIETAL BENEFIT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
1389 Superior Credit Union Inc Lima, OH | $1,486,357,264 | $59,843,984 |
Close Up Foundation Arlington, VA | $14,345,080 | $29,947,664 |
Avixa Inc Fairfax, VA | $46,265,745 | $24,073,364 |
Vpm Media Corporation Richmond, VA | $41,400,162 | $23,558,151 |
Radiant Life Ministries Marion, IL | $195,965,953 | $18,938,808 |
Wireless Infrastructure Association Arlington, VA | $5,735,220 | $13,503,985 |
The Landmark Foundation Norfolk, VA | $109,541,807 | $6,787,493 |
Memphis Fourth Estate Inc Memphis, TN | $2,591,759 | $5,585,999 |
Mid-South Public Communications Foundation Cordova, TN | $12,673,070 | $6,880,659 |
Public Broadcasting Foundation Of Northwest Ohio Toledo, OH | $15,996,802 | $5,353,676 |
Journalism For Change Inc Arlington, VA | $491,394 | $3,913,277 |
Indiana Public Broadcasting Stations Inc Indianapolis, IN | $3,521,484 | $3,421,083 |