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EIN 84-4943008

The Drift Magazine Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
City
New York
State
New York
Year formed
2020
Most recent tax filings
2024-12-01
NTEE code, primary
A33: Printing, Publishing
Description
The New produces and publishes The Drift, a magazine that introduces fresh work and innovative ideas from young writers who haven't been absorbed into the media hivemind and aren't hemmed in by existing discourse. The publication provides a forum for challenging and thoughtful work from emerging voices at a time when the world desperately needs new perspectives.
Total revenues
$640,324
2024
Total expenses
$616,758
2024
Total assets
$278,274
2024
Num. employees
6
2024

Program areas at The Drift Magazine Foundation

The organization produce and publishes The Drift, a new Magazine that provides a forum for young writers and artists to publish challenging, thoughtful work at a time when The world desperately needs new voices.

Who funds The Drift Magazine Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)Human Services$30,000
Gaea FoundationTo Introduce New Work and New Ideas By Young Writers.$20,000
Community Projects$20,000
...and 2 more grants received

Financials for The Drift Magazine Foundation

RevenuesFYE 12/2024
Total grants, contributions, etc.$371,942
Program services$228,744
Investment income and dividends$43
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$29,386
Net income from gaming activities$0
Net income from sales of inventory$10,114
Miscellaneous revenues$95
Total revenues$640,324

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Data update history
June 20, 2026
Received grants
Identified 1 new grant, including a grant for $20,000 from Gaea Foundation
April 7, 2026
Posted financials
Added Form 990 for fiscal year 2024
January 31, 2026
Received grants
Identified 3 new grant, including a grant for $30,000 from Silicon Valley Community Foundation (SVCF)
February 13, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 5, 2025
Received grants
Identified 1 new grant, including a grant for $20,000 from Community Projects
Nonprofit Types
Arts, culture, and humanities nonprofitsMedia and communications organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Legally formed as corporationPartially liquidatedFundraising eventsReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 75
New York, NY 10113
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
thedriftmag.com/ 
Phone
(917) 617-6243
IRS details
EIN
84-4943008
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A33: Printing, Publishing
NAICS code, primary
5111: Newspaper, Periodical, Book, and Directory Publishers
Parent/child status
Independent
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