EIN 27-2614911

Institute for Nonprofit News (INN)

Name: Institute for Nonprofit News (INN) financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Beverly Hills

State

California

Year formed

2009

Most recent tax filings

2023-12-01

NTEE code, primary

B00: Education: General

Description

To provide education and business support services to our nonprofit member organizations and promote the value and benefit of public-service and investigative journalism.

Also known as...

Investigative News Network Souza and Associates

Total revenues

$8,495,751

2023

Total expenses

$9,894,827

2023

Total assets

$7,463,456

2023

Num. employees

2023

Program areas at INN

Institute for Nonprofit News primary programs have been focused on helping our Nonprofit investigative and public service News organizations produce and distribute stories with impact to the general public. The ultimate goal of Institute for Nonprofit News' programs is to further a free democracy by educating citizens and communities. During the year, Institute for Nonprofit News developed and disseminated valuable resources promoting investigative, public interest and educational reporting; conducted multiple training seminars; and more generally helped distribute investigative News content on a global scale.

Grants made by INN

Grantee	Grant description	Grant year	Amount
Foundation for Los Angeles Journalism	Organization Is A Fiscal Sponsor	2023-12	$1,242,975
Open Campus Media	Organization Is A Fiscal Sponsor	2023-12	$855,166
Gigafact Foundation	Organization Is A Fiscal Sponsor	2023-12	$355,590
...and 37 more grants made totalling $3,933,613

Who funds Institute for Nonprofit News (INN)

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Bessemer Giving Fund	2023-12	General Support	$750,000
The Miami Foundation	2023-12	Program Support	$631,521
Democracy Fund	2023-12	General Support	$300,000
...and 49 more grants received totalling $4,716,422

Personnel at INN

Name	Title	Compensation	Date of data
Karen Rundlet	Executive Director and Chief Executive Officer		2025-03-15
Soraya Membreno	Chief Operating Officer	$149,447	2025-03-15
Lisa Gardner-Springer	Chief Development Officer	$159,909	2025-03-15
Courtney Lewis	Chief of Growth Programs	$164,847	2024-08-14
Chip Potts	Director of Finance and Operations		2025-03-15
...and 11 more key personnel

Financials for INN

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$7,774,597	$7,736,365	0.5%
Program services	$0	$0	-
Investment income and dividends	$136,496	$37,823	260.9%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-230	$-2,034	88.7%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$584,888	$429,882	36.1%
Total revenues	$8,495,751	$8,202,036	3.6%

Form 990s for INN

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-15	990	View PDF
2022-12	2023-11-14	990	View PDF
2021-12	2022-11-09	990	View PDF
2020-12	2021-11-04	990	View PDF
2019-12	2021-02-17	990	View PDF
...and 12 more Form 990s

Organizations like INN

Organization	Type	Location	Revenue
The Praxis Project	501(c)(3)	San Francisco, CA	$15,128,013
Progress Now Education	501(c)(3)	Richmond, VA	$2,835,174
Black Latinx Asian Charter Collaborative	501(c)(3)	New York, NY	$3,931,906
Center for Public Justice	501(c)(3)	Alexandria, VA	$4,597,652
Naah Illahee Fund	501(c)(3)	Seattle, WA	$3,070,954
Social Justice Partners Los Angeles	501(c)(3)	Los Angeles, CA	$4,960,860
Hacks Hackers	501(c)(3)	Washington, DC	$3,639,243
Team4tech Foundation	501(c)(3)	Menlo Park, CA	$2,154,030
Alliance for Education	501(c)(3)	Seattle, WA	$5,012,287
National Summer Learning Association	501(c)(3)	Washington, DC	$4,151,625

Data update history

March 15, 2025

Updated personnel

Identified 2 new personnel

March 5, 2025

Posted financials

Added Form 990 for fiscal year 2023

January 14, 2025

Received grants

Identified 22 new grant, including a grant for $750,000 from The Bessemer Giving Fund

November 26, 2024

Received grants

Identified 10 new grant, including a grant for $631,521 from The Miami Foundation

August 14, 2024

Updated personnel

Identified 11 new personnel

Nonprofit Types

Grantmaking organizationsSocial advocacy organizationsSchoolsCharities

Issues

Education

Characteristics

Provides grantsLobbyingTax deductible donationsFiscal sponsorAccepts online donations

General information

Address: 8549 Wilshire Blvd 2294; Beverly Hills, CA 90211
Metro area: Los Angeles-Long Beach-Anaheim, CA
County: Los Angeles County, CA
Website URL: inn.org/
Phone: (818) 582-3533
Facebook page: institutefornonprofitnews
Twitter profile: @inn

IRS details

EIN: 27-2614911
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 2009
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B00: Education: General
NAICS code, primary: 813319: Social Advocacy Organizations
Parent/child status: Independent

California AB-488 details

AB 488 status: May Not Operate or Solicit for Charitable Purposes
Charity Registration status: Delinquent
FTB status revoked: Not revoked
AG Registration Number: CT0166893
FTB Entity ID: 3250040
AB 488 data last updated ("as-of") date: 2025-03-19

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Institute for Nonprofit News (INN)

Program areas at INN

Grants made by INN

Who funds Institute for Nonprofit News (INN)

Personnel at INN

Financials for INN

Form 990s for INN

Organizations like INN

Nonprofits

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