MARKUP NEWS INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: MARKUP NEWS INC (EIN 84-3438375)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-10-30
IRS object ID: 202303039349301450
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-10-30T11:05:20-05:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	390974031	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WEGNER CPAS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	419 N LEE ST	AddressLine1Txt
City	ALEXANDRIA	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	223142301	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	843438375	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE MARKUP NEWS INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MARK	BusinessNameControlTxt
Phone	3477174094	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1103	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10159	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	NABIHA SYED	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	3477174094	PhoneNum
Signature	2023-10-25	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	NABIHA	PersonFirstNm
Person Last	SYED	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GLENN MILLER CPA	PreparerPersonNm
PTIN	P00086726	PTIN
Phone	7035190990	PhoneNum
Preparation	2023-10-25	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	THE MARKUP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	NABIHA SYED	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1103	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10159	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$4,285,481	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	THEMARKUP.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2020	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	THE MARKUP IS A NONPROFIT NEWSROOM THAT CHALLENGES TECHNOLOGY TO SERVE THE PUBLIC GOOD. TO DO THIS, WE UTILIZE AN UNPARALLELED ROSTER OF ENGINEERS AND JOURNALISTS WHO PURSUE MEANINGFUL, DATA-DRIVEN INVESTIGATIONS AND DEVELOP DIGITAL TOOLS AND BLUEPRINTS SO OTHERS CAN DO IT TOO.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	7	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$6,857,120	PYContributionsGrantsAmt
CY Contributions Grants	$4,274,548	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$4,908	PYInvestmentIncomeAmt
CY Investment Income	$10,933	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$6,862,028	PYTotalRevenueAmt
CY Total Revenue	$4,285,481	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$4,199,516	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$4,364,342	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$80,000	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$36,667	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$383,049	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,440,197	PYOtherExpensesAmt
CY Other Expenses	$1,520,207	CYOtherExpensesAmt
PY Total Expenses	$5,719,713	PYTotalExpensesAmt
CY Total Expenses	$5,921,216	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,142,315	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$1,635,735	CYRevenuesLessExpensesAmt
Total Assets BOY	$7,207,134	TotalAssetsBOYAmt
Total Assets EOY	$5,503,972	TotalAssetsEOYAmt
Total Liabilities BOY	$208,414	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$292,322	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$6,998,720	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$5,211,650	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE MARKUP IS A NONPROFIT NEWSROOM THAT CHALLENGES TECHNOLOGY TO SERVE THE PUBLIC GOOD. TO DO THIS, WE UTILIZE AN UNPARALLELED ROSTER OF ENGINEERS AND JOURNALISTS WHO PURSUE MEANINGFUL, DATA-DRIVEN INVESTIGATIONS AND DEVELOP DIGITAL TOOLS AND BLUEPRINTS SO OTHERS CAN DO IT TOO.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$3,458,718	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	EDITORIAL & GRAPHICS - IN 2022, THE MARKUP PUBLISHED INVESTIGATIONS AND REPORTS THAT REVEALED INEQUITIES AND HARM CAUSED BY TECHNOLOGY. OVER THE COURSE OF THE YEAR, WE PUBLISHED 105 ARTICLES A COMBINATION OF IN-DEPTH, DATA-BACKED INVESTIGATIONS, TOOLS, AND EXPLANATORY ARTICLES THAT EQUIPPED OUR AUDIENCE WITH PRACTICAL KNOWLEDGE.OUR WORK HAD A SIGNIFICANT IMPACT. THE WHITE HOUSE'S BLUEPRINT FOR AN AI BILL OF RIGHTS, WHICH RECOGNIZES THE HARM ALGORITHMS HAVE INFLICTED ON STUDENTS, WORKERS, TENANTS, AND CITIZENS, USED THREE OF THE MARKUP'S INVESTIGATIONS TO HELP INFORM ITS RECOMMENDATIONS. OUR WORK ON A DATA PRIVACY BREACH BY ONLINE TAX FILERS HAS BECOME THE BEDROCK OF A SERIES OF INVESTIGATIONS LAUNCHED BY THE US SENATE. AND TO DATE, 34 CLASS ACTION LAWSUITS HAVE BEEN FILED AGAINST HOSPITALS THAT VIOLATED HIPAA BY SENDING PATIENT DATA TO META.IN ADDITION TO OUR REPORTING WORK, WE CONTINUED TO DEVELOP NEW DIGITAL TOOLS. SOME OF 2022'S MOST IMPACTFUL WORK AROSE FROM OUR PIXEL HUNT SERIES, THE FIRST LARGE-SCALE CROWDSOURCED STUDY OF THE META PIXEL, A SNIPPET OF COMPUTER CODE EMBEDDED IN A WEBSITE AND USED FOR TRACKING YOU AROUND THE WEB. IT'S NOT JUST ABOUT SERVING YOU ADS FOR SHOES YOU MIGHT LIKE; EVEN WEBSITES PROCESSING HIGHLY SENSITIVE INFORMATION CAN HAVE THE PIXEL INSTALLED. THROUGH PIXEL HUNT, WE MONITOR THE PERVASIVENESS OF THE PIXEL, THE KIND OF INFORMATION IT COLLECTS, HOW IT'S IMPACTING COMMUNITIES, AND WHAT EVERYONE CAN DO TO PROTECT THEIR DATA.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$654,856	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	PRODUCT & TECHNOLOGY - IN 2022, THE MARKUP'S PRODUCT AND TECH TEAM PRIMARILY FOCUSED ON BUILDING TOOLS AND PROGRAMS THAT EMPOWERED OTHERS THROUGH DATA AND INFORMATION. MOST NOTABLY, WE ASSISTED WITH THE BUILDING OF A META PIXEL INSPECTOR, WHICH WAS USED FOR SEVERAL OF OUR MAJOR INVESTIGATIONS THIS YEAR. THE META PIXEL IS A SNIPPET OF COMPUTER CODE EMBEDDED IN A WEBSITE AND THROUGH OUR PIXEL HUNT INVESTIGATIONS, WE WERE ABLE TO USE THAT TOOL TO MONITOR THE PERVASIVENESS OF THE PIXEL, THE KIND OF INFORMATION IT COLLECTS, AND HOW IT'S IMPACTING COMMUNITIES. IN ADDITION, WE BUILT AND RELEASED SMOL LINKS, OUR LINK SHORTENER THAT MAINTAINS USER PRIVACY. WE ALSO CONDUCTED A LARGE-SCALE RESTRUCTURING OF OUR WEBSITE TO BETTER ALIGN WITH OUR ORGANIZATION'S MISSION.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$232,290	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	AUDIENCE - IN 2022, WE FOCUSED OUR AUDIENCE WORK ON GROWING THE MARKUP'S OVERALL BRAND IMPACT. OUR WORK WAS REPUBLISHED ACROSS OTHER NEWS NETWORKS 95 TIMES AND LOCALIZED BY OTHER NEWSROOMS 18 TIMES. WE CONTINUE TO REACH OUR READERS WHERE IT COUNTS: THIS YEAR ALONE, 7.7 MILLION PEOPLE USED OUR BLACKLIGHT TOOL AND OUR WEBSITE EXPERIENCED A STAGGERING RISE IN TRAFFIC: A 48% YEAR-OVER-YEAR INCREASE IN PAGE VIEWS. THIS YEAR, OUR MOST VIEWED STORIES WERE FACEBOOK IS RECEIVING SENSITIVE MEDICAL INFORMATION FROM HOSPITAL WEBSITES AND WHO IS COLLECTING DATA FROM YOUR CAR?. WE WERE ALSO RECOGNIZED BY LEADERS IN OUR INDUSTRY. WE WON 22 INDUSTRY AWARDS, INCLUDING SABEW, SIGMA, LOEB, EDWARD R. MURROW, SUSAN CROWN EXCHANGE, ONLINE JOURNALISM, AND DEADLINE CLUB.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$4,345,864	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	22	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	NABIHA SYED	PersonNm
Phone	3477174094	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1103	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10159	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID BOARDMAN
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
PAUL OHM
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
STUART KARLE
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
MELISSA HARRIS-PERRY
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DELE OLOJEDE
DIRECTOR	1.00	Yes (X)		$0	$0	$0
NICOLE WONG
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ANIL DASH
DIRECTOR	1.00	Yes (X)		$0	$0	$0
NABIHA SYED
CEO	40.00		Yes (X)	$290,234	$0	$4,723
JULIA ANGWIN
EDITOR-AT-LARGE AND FOUNDER	40.00			$296,688	$0	$83,735	Yes (X)
EVELYN LARRUBIA THRU 1122
MANAGING EDITOR, INVESTIGATIONS	40.00			$201,864	$0	$24,568	Yes (X)
LAUREN SPIRIG
DEVELOPMENT DIRECTOR	40.00			$166,104	$0	$81,176	Yes (X)
KOREY TE HIRA
VICE PRESIDENT, STRATEGY & OPERATIONS	40.00			$164,048	$0	$56,860	Yes (X)
RAMSEY ISLER
DIRECTOR OF PRODUCT	40.00			$169,910	$0	$30,600	Yes (X)
JON KEEGAN
INVESTIGATIVE DATA JOURNALIST	40.00			$150,238	$0	$81,903		Yes (X)
MALENA CAROLLO
INVESTIGATIVE REPORTER	40.00			$115,098	$0	$57,077		Yes (X)
LEON YIN
INVESTIGATIVE DATA JOURNALIST	40.00			$140,698	$0	$58,109		Yes (X)
SIMON FONDRIE-TEITLER
INFRASTRUCTURE ENGINEER	40.00			$118,044	$0	$30,026		Yes (X)
DANIEL PHIFFER
FULL-STACK ENGINEER	40.00			$135,810	$0	$81,275		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,948,736	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$590,052	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	16	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JUSTWORKS	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	55 WATER ST	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10041	ZIPCd

Field	Value	IRS element (for citing)
Services	PROFESSIONAL EMPLOYER ORGANIZATION	ServicesDesc
Compensation	$4,938,817	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$4,274,548	AllOtherContributionsAmt
Total Contributions	$4,274,548	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,933	TotalRevenueColumnAmt
Exclusion	$10,933	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,285,481	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$10,933	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,570,511	TotalAmt
Program Services	$1,326,508	ProgramServicesAmt
Management And General	$161,953	ManagementAndGeneralAmt
Fundraising	$82,050	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$2,225,383	TotalAmt
Program Services	$1,879,636	ProgramServicesAmt
Management And General	$229,484	ManagementAndGeneralAmt
Fundraising	$116,263	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$60,009	TotalAmt
Program Services	$50,686	ProgramServicesAmt
Management And General	$6,188	ManagementAndGeneralAmt
Fundraising	$3,135	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$233,839	TotalAmt
Program Services	$197,508	ProgramServicesAmt
Management And General	$24,114	ManagementAndGeneralAmt
Fundraising	$12,217	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$274,600	TotalAmt
Program Services	$231,937	ProgramServicesAmt
Management And General	$28,317	ManagementAndGeneralAmt
Fundraising	$14,346	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$292,981	TotalAmt
Program Services	$44,690	ProgramServicesAmt
Management And General	$248,291	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$36,667	TotalAmt
Fundraising	$36,667	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$799,288	TotalAmt
Program Services	$431,512	ProgramServicesAmt
Management And General	$341,596	ManagementAndGeneralAmt
Fundraising	$26,180	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$6,615	TotalAmt
Management And General	$6,615	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$117,188	TotalAmt
Program Services	$73,333	ProgramServicesAmt
Management And General	$13,780	ManagementAndGeneralAmt
Fundraising	$30,075	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$15,907	TotalAmt
Management And General	$15,907	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,870	TotalAmt
Management And General	$1,870	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$24,007	TotalAmt
Program Services	$16,307	ProgramServicesAmt
Management And General	$7,139	ManagementAndGeneralAmt
Fundraising	$561	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$88,063	TotalAmt
Program Services	$23,701	ProgramServicesAmt
Management And General	$7,945	ManagementAndGeneralAmt
Fundraising	$56,417	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,065	TotalAmt
Management And General	$2,065	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$63,988	TotalAmt
Management And General	$63,988	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	DUES & SUBSCRIPTIONS	Desc
Total	$108,235	TotalAmt
Program Services	$70,046	ProgramServicesAmt
Management And General	$33,051	ManagementAndGeneralAmt
Fundraising	$5,138	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,921,216	TotalAmt
Program Services	$4,345,864	ProgramServicesAmt
Management And General	$1,192,303	ManagementAndGeneralAmt
Fundraising	$383,049	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$258,386	BOYAmt
EOY	$813,244	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$6,382,010	BOYAmt
EOY	$3,904,942	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$250,000	BOYAmt
EOY	$715,000	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$265,000	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$49,934	BOYAmt
EOY	$65,350	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$8,718	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$3,282	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,804	BOYAmt
EOY	$5,436	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,207,134	BOYAmt
EOY	$5,503,972	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$208,414	BOYAmt
EOY	$292,322	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$208,414	BOYAmt
EOY	$292,322	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,035,367	BOYAmt
EOY	$4,300,273	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$963,353	BOYAmt
EOY	$911,377	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,998,720	BOYAmt
EOY	$5,211,650	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,207,134	BOYAmt
EOY	$5,503,972	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$1,635,735	ReconcilationRevenueExpnssAmt
Prior Period Adjustments	-$151,335	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$10,419,995	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,857,120	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,274,548	CurrentTaxYearAmt
Total	$21,551,663	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$10,419,995	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,857,120	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,274,548	CurrentTaxYearAmt
Total	$21,551,663	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$11,342,524	SubstantialContributorsTotAmt
Public Support Total170	$10,209,139	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$959	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,908	CurrentTaxYearMinus1YearAmt
Current Tax Year	$10,933	CurrentTaxYearAmt
Total	$16,800	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$21,568,463	TotalSupportAmt
First5 Years170	Yes (X)	First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,718	OtherCostOrOtherBasisAmt
Depreciation	$3,282	DepreciationAmt
Book Value	$5,436	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$5,436	TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt	$4,285,481	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$4,285,481	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$4,285,481	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$5,921,216	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$5,921,216	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$5,921,216	TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GALLAGHER GROUP	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	750 COLUMBUS AVENUE 11K	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10025	ZIPCd

Field	Value	IRS element (for citing)
Activity	PROFESSIONAL FUNDRAISING	ActivityTxt
Fundraiser Control Of Funds	0	FundraiserControlOfFundsInd
Gross Receipts	$0	GrossReceiptsAmt
Retained By Contractor	$36,667	RetainedByContractorAmt
Net To Organization	-$36,667	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Retained By Contractors	$36,667	TotalRetainedByContractorsAmt
Total Net To Organization	-$36,667	TotalNetToOrganizationAmt
Licensed States	NY	LicensedStatesCd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE G, PART I, LINE 2B, COLUMN (V)	FormAndLineReferenceDesc
Explanation	AMOUNTS PAID TO PROFESSIONAL FUNDRAISERS REFLECT CONTRACT FEES FOR THE PROFESSIONAL FUNDRAISING FEES INCURRED.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JULIA ANGWIN
EDITOR-AT-LARGE AND FOUNDER	$296,550	$0	$0	$0	$138	$0	$6,003	$0	$77,732	$0	$380,423	$0	$0	$0
NABIHA SYED
CEO	$290,180	$0	$0	$0	$54	$0	$1,750	$0	$2,973	$0	$294,957	$0	$0	$0
LAUREN SPIRIG
DEVELOPMENT DIRECTOR	$166,050	$0	$0	$0	$54	$0	$4,390	$0	$76,786	$0	$247,280	$0	$0	$0
JON KEEGAN
INVESTIGATIVE DATA JOURNALIST	$150,238	$0	$0	$0	$0	$0	$5,307	$0	$76,596	$0	$232,141	$0	$0	$0
EVELYN LARRUBIA THRU 1122
MANAGING EDITOR, INVESTIGATIONS	$201,749	$0	$0	$0	$115	$0	$2,196	$0	$22,372	$0	$226,432	$0	$0	$0
KOREY TE HIRA
VICE PRESIDENT, STRATEGY & OPERATION	$164,000	$0	$0	$0	$48	$0	$5,752	$0	$51,108	$0	$220,908	$0	$0	$0
DANIEL PHIFFER
FULL-STACK ENGINEER	$135,810	$0	$0	$0	$0	$0	$4,774	$0	$76,501	$0	$217,085	$0	$0	$0
RAMSEY ISLER
DIRECTOR OF PRODUCT	$169,850	$0	$0	$0	$60	$0	$4,263	$0	$26,337	$0	$200,510	$0	$0	$0
LEON YIN
INVESTIGATIVE DATA JOURNALIST	$140,698	$0	$0	$0	$0	$0	$4,945	$0	$53,164	$0	$198,807	$0	$0	$0
MALENA CAROLLO
INVESTIGATIVE REPORTER	$115,098	$0	$0	$0	$0	$0	$3,851	$0	$53,226	$0	$172,175	$0	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART V, LINE 2A	THE MARKUP NEWS, INC. LEASES EMPLOYEES FROM A PROFESSIONAL EMPLOYMENT ORGANIZATION, JUSTWORKS. THE EMPLOYEES ARE CONSIDERED COMMON LAW EMPLOYEES OF THE MARKUP NEWS, INC., HOWEVER, JUSTWORKS IS THE EMPLOYER OF RECORD AND EMPLOYEES RECEIVE THEIR W2S FROM JUSTWORKS.
FORM 990, PART VI, SECTION B, LINE 11B	INFORMATION PREPARED BY MANAGEMENT AND ACCOUNTANTS, AND FINAL VERSION REVIEWED BY MANAGEMENT AND TREASURER PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12C	PER THE ORGANIZATION'S POLICY: YOU ARE REQUIRED TO DISCLOSE IN GOOD FAITH AND IN WRITING TO THE COMMITTEE AT THE ORGANIZATION'S HEADQUARTERS ALL MATERIAL FACTS RELATED TO CONFLICTS OF INTEREST (INCLUDING THOSE THAT IMPLICATE AN OTHER RELATED PARTY BUT NOT A COVERED PERSON) (INCLUDING THE NATURE OF YOUR OR THE OTHER RELATED PARTY'S INTEREST AND INFORMATION ABOUT ANY PROPOSED TRANSACTION OR OTHER ARRANGEMENT). DISCLOSURES SHOULD BE MADE IN ADVANCE, BEFORE ANY ACTION IS TAKEN ON THE MATTER. CONFLICT IDENTIFICATION AND ANALYSIS CAN BE DIFFICULT AND, THEREFORE, YOU ARE AT ALL TIMES EXPECTED TO ERR ON THE SIDE OF CAUTION AND DISCLOSE ALL INSTANCES WHERE A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT EXISTS. EACH CURRENT DIRECTOR, OFFICER AND KEY PERSON OF THE ORGANIZATION, AS WELL AS NOMINEES FOR ELECTION AS DIRECTOR (PRIOR TO HIS OR HER INITIAL ELECTION), MUST SUBMIT TO THE SECRETMY OF THE ORGANIZATION OR A DESIGNATED COMPLIANCE OFFICER AT LEAST ONCE PER YEAR (AND UPDATED AS APPROPRIATE) A QUESTIONNAIRE SUBSTANTIALLY IN THE FORM OF THE APPENDIX TO THIS POLICY. THE SECRETARY OF THE ORGANIZATION OR THE DESIGNATED COMPLIANCE OFFICER SHALL PROVIDE COPIES OF ALL COMPLETED STATEMENTS TO THE CHAIR OF THE COMMITTEE. THE COMMITTEE WILL REVIEW ALL CONFLICTS OF INTEREST AND RELATED PARTY TRANSACTIONS AND DETERMINE WHETHER TO APPROVE OR RATIFY ANY SUCH MATTERS; HOWEVER, A TRANSACTION WITH A RELATED PARTY MAY PROCEED WITHOUT COMMITTEE REVIEW IF THE TRANSACTION: (I) IS OF LIMITED MONETARY VALUE; (II) WOULD NOT USUALLY BE REVIEWED BY THE BOARD IN THE ORDINARY COURSE OF BUSINESS AND IS AVAILABLE TO OTHERS ON THE SAME OR SIMILAR TERMS; OR (III) PROVIDES A CHARITABLE BENEFIT TO A MEMBER OF A CHARITABLE CLASS WHERE THE BENEFIT IS AVAILABLE TO OTHERS ON SIMILAR TERMS. THE COMMITTEE MAY ONLY APPROVE THE UNDERLYING MATTER IF IT DETERMINES THAT SUCH MATTER, UNDER THE TERMS AND WITHIN THE CIRCUMSTANCES AND CONDITIONS PRESENTED, IS FAIR, REASONABLE, AND IN THE BEST INTERESTS OF THE ORGANIZATION AT THE TIME OF SUCH DETERMINATION.
FORM 990, PART VI, SECTION B, LINE 15A	EXECUTIVE COMPENSATION WAS EVALUATED BY FUNDERS WHILE IN FISCAL SPONSORSHIP IN 2019 AND INTO 2020 USING COMPARABLE ORGANIZATIONS, AND THEN APPROVED BY FULL BOARD
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11G	CONSULTING FEES: PROGRAM SERVICE EXPENSES 431,512. MANAGEMENT AND GENERAL EXPENSES 312,308. FUNDRAISING EXPENSES 26,180. TOTAL EXPENSES 770,000. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 29,288. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,288.