MARKUP NEWS INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MARKUP NEWS INC (EIN 84-3438375)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-11
IRS object ID
202233159349303238
Schema version
2021v4.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-11T14:48:10-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390974031PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEGNER CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1419 N LEE STAddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP223142301ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN843438375EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MARKUP NEWS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARKBusinessNameControlTxt
Phone3477174094PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1103AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10159ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATE MYERSPersonNm
Person TitleINTERIM CEOPersonTitleTxt
Phone3477174094PhoneNum
Signature2022-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKATEPersonFirstNm
Person LastMYERSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGLENN MILLER CPAPreparerPersonNm
PTINP00086726PTIN
Phone7035190990PhoneNum
Preparation2022-11-09PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1THE MARKUPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerNABIHA SYEDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1103AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10159ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,862,028GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressTHEMARKUP.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2020FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE MARKUP IS A NONPROFIT NEWSROOM THAT INVESTIGATES HOW POWERFUL INSTITUTIONS ARE USING TECHNOLOGY TO CHANGE OUR SOCIETY. WE ARE A NEW KIND OF MEDIA ORGANIZATION, STAFFED WITH AN UNPARALLELED ROSTER OF QUANTITATIVE JOURNALISTS WHO PURSUE MEANINGFUL, DATA-DRIVEN INVESTIGATIONS.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers8TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$10,419,995PYContributionsGrantsAmt
CY Contributions Grants$6,857,120CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$959PYInvestmentIncomeAmt
CY Investment Income$4,908CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$10,420,954PYTotalRevenueAmt
CY Total Revenue$6,862,028CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,212,677PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,199,516CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$57,500PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$80,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$155,899CYTotalFundraisingExpenseAmt
PY Other Expenses$1,294,372PYOtherExpensesAmt
CY Other Expenses$1,440,197CYOtherExpensesAmt
PY Total Expenses$4,564,549PYTotalExpensesAmt
CY Total Expenses$5,719,713CYTotalExpensesAmt
PY Revenues Less Expenses$5,856,405PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,142,315CYRevenuesLessExpensesAmt
Total Assets BOY$6,014,280TotalAssetsBOYAmt
Total Assets EOY$7,207,134TotalAssetsEOYAmt
Total Liabilities BOY$157,875TotalLiabilitiesBOYAmt
Total Liabilities EOY$208,414TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,856,405NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,998,720NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MARKUP IS A NONPROFIT NEWSROOM THAT INVESTIGATES HOW POWERFUL INSTITUTIONS ARE USING TECHNOLOGY TO CHANGE OUR SOCIETY. WE ARE A NEW KIND OF MEDIA ORGANIZATION, STAFFED WITH AN UNPARALLELED ROSTER OF QUANTITATIVE JOURNALISTS WHO PURSUE MEANINGFUL, DATA-DRIVEN INVESTIGATIONSMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,485,305ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescEDITORIAL & GRAPHICS - IN 2021, THE MARKUP PUBLISHED INVESTIGATIONS AND REPORTS THAT REVEALED INEQUITIES AND HARM CAUSED BY TECHNOLOGY. OVER THE COURSE OF 2021, WE PUBLISHED 109 ARTICLES A COMBINATION OF IN-DEPTH, DATA BACKED INVESTIGATIONS AND SHORTER, EXPLANATORY ARTICLES THAT EQUIPPED OUR AUDIENCE WITH PRACTICAL KNOWLEDGE. OUR WORK HAD A SIGNIFICANT IMPACT. THE U.S. DEPARTMENT OF JUSTICE, CONSUMER FINANCIAL PROTECTION BUREAU, AND OTHER AGENCIES ANNOUNCED A NEW INITIATIVE TO COMBAT DISCRIMINATORY MORTGAGE LENDING PRACTICES, CITING OUR INVESTIGATION INTO HOME LOAN APPLICATION APPROVAL RATES AS EVIDENCE OF A NATIONWIDE PROBLEM. THE HOUSE SUBCOMMITTEE ON ANTITRUST, COMMERCIAL AND ADMINISTRATIVE LAW INTRODUCED THE AMERICAN CHOICE AND INNOVATION ONLINE ACT TO PROHIBIT CERTAIN LARGE TECH PLATFORMS FROM FAVORING THEIR OWN PRODUCTS AND SERVICES ON THEIR PLATFORMS (INCLUDING IN SEARCH RESULTS), CITING THE MARKUP'S 2020 GOOGLE THE GIANT INVESTIGATION. OUTSIDE OF GOVERNMENTAL RESPONSES, FACEBOOK PLEDGED TO REMOVE CREDIT CARD ADS TARGETED BY AGE AFTER THE MARKUP DISCOVERED COMPANIES WERE TARGETING FINANCIAL SERVICES TO SPECIFIC AGE GROUPS ON THE PLATFORM. WE ALSO REVEALED THAT THE POPULAR FAMILY SAFETY APP LIFE360 WAS SELLING DATA ON KIDS AND FAMILIES' WHEREABOUTS TO APPROXIMATELY A DOZEN DATA BROKERS, WHO IN TURN SELL LOCATION DATA TO VIRTUALLY ANYONE WHO WANTS TO BUY IT. AFTER OUR REPORTING, THE COMPANY SAID IT WOULD GET OUT OF THE BUSINESS OF SELLING RAW LOCATION DATA. IN ADDITION TO OUR REPORTING WORK, WE CONTINUED TO DEVELOP NEW DIGITAL TOOLS AND SUPPORT EXISTING ONES. IN LATE 2021 WE RELEASED THE AMAZON BRAND DETECTOR, A BROWSER EXTENSION THAT ALLOWS ANYONE SHOPPING ON AMAZON TO SEE WHICH PRODUCTS ARE OWNED BY OR EXCLUSIVE TO AMAZON (OFTEN INCONSISTENTLY DISCLOSED BY THE COMPANY) BY PLACING A BOX AROUND THEM IN AMAZON'S SIGNATURE ORANGE. WE LAUNCHED SPLIT SCREEN, AN INTERACTIVE DASHBOARD THAT USES CITIZEN BROWSER DATA TO REVEAL WHAT FACEBOOK'S ALGORITHM CHOOSES TO PLACE IN THE USERS' FEEDS ON A GIVEN DAY, SPLIT BY GENDER, AGE, OR POLITICAL LEANINGS. FINALLY, BLACKLIGHT, OUR FREE, INSTANT PRIVACY-INSPECTION TOOL, SURPASSED 2.5 MILLION URL SCANS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$542,461ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescPRODUCT & TECHNOLOGY - IN 2021, THE MARKUP'S PRODUCT AND TECH TEAM PRIMARILY FOCUSED ON BUILDING TOOLS AND PROGRAMS THAT EMPOWERED OTHERS THROUGH DATA AND INFORMATION. FIRST, WE BUILT OUT INTERNAL DATA ANALYSIS SYSTEMS THAT PROVIDED INSIGHTS TO MARKUP STAFF. WE EXTENDED THE ANALYTICAL CAPABILITIES OF OUR CITIZEN BROWSER DATA JOURNALISTS BY ADDING METABASE, AN OPEN SOURCE ANALYTICS PLATFORM, TO THE CITIZEN BROWSER WORKFLOW. METABASE MADE IT EASIER FOR JOURNALISTS TO DISCOVER STORIES WITHIN THE DATA WHILE ALSO IDENTIFYING AREAS WHERE THE SYSTEM COULD BE IMPROVED. WE ADDED ANOTHER OPEN SOURCE DATA ANALYTICS PLATFORM, SUPERSET, TO OUR OPERATIONS STACK TO VISUALIZE AND CONTEXTUALIZE DATA FROM SMALL DONATIONS. THE PRODUCT & TECHNOLOGY TEAM ALSO EMBARKED ON A BOLD NEW INITIATVE - AN EDUCATION PROGRAM DESIGNED TO ILLUSTRATE OUR UNIQUE APPROACH TO BUILDING PRIVACY-FOCUSED TOOLS AND METHODS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$238,921ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescAUDIENCE - IN 2021, WE FOCUSED OUR AUDIENCE WORK ON GROWING THE MARKUP'S WEB TRAFFIC AND SOCIAL FOOTPRINT. OUR WEEKLY NEWSLETTER, HELLO WORLD, AND OUR REPORTING UPDATE NEWSLETTER GREW TO A COMBINED 14,000 SUBSCRIBERSCONTRIBUTING TO SUBSCRIBER GROWTH OF 10% IN 2021. OUR SOCIAL FOOTPRINT GREW MONTH OVER MONTH IN 2021, WITH OUR MOST SIGNIFICANT GROWTH ON INSTAGRAM (UP 51% FOR THE YEAR) AND TWITTER (UP 11% FOR THE YEAR WITH 4,969 FOLLOWERS). WE CONTINUED OUR EFFORTS ON TWITTER SPACES AND GATHERED DATA THAT HELPED US MAKE INFORMED DECISIONS ON WHERE TO CENTER OUR RESOURCES, TESTING NEW VIDEO FORMATS WITH AN EMPHASIS ON REELS AND VERTICAL VIDEO FOR INSTAGRAM. WE CONDUCTED AUDIENCE EFFORTS FOR MULTIPLE INVESTIGATIONS THAT INCLUDED THE PRODUCTION OF SOCIAL MEDIA CONTENT SUITES, REPORTER-CENTERED EVENTS INCLUDING TWITTER SPACES AND YOUTUBE LIVESTREAMS, EXTERNAL NEWSLETTER FEATURES, AND TARGETED OUTREACH FOR EACH PUBLICATION DATE. THE TEAM ALSO TESTED SMALL DOLLAR FUNDRAISING, INCLUDING A STICKER DRIVE AND DONATION MATCH PROGRAM AT THE END OF THE YEAR.OUR REPORTING ON ED-TECH WAS FEATURED AT OUR MARCH 29 EVENT "WHO'S GOT MY DATA?" GEARED AT TEACHING STUDENTS HOW TO PROTECT THEIR PERSONAL INFORMATION FROM EDTECH COMPANIES. THE ARCHIVED VERSION HAS BEEN VIEWED 800 TIMES. WE ALSO MADE OUR FIRST TRIP TO SXSW LEADING THE "WORKING FOR AN ALGORITHM" PANEL, AMPLIFYING THE VOICES OF LABOR AND LEGAL MINDS WHO FOCUS ON THE RIGHTS OF GIG WORKERS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$4,266,687TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNABIHA SYEDPersonNm
Phone3477174094PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1103AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10159ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID BOARDMAN
CHAIR1.00Yes (X)Yes (X)$0$0$0
MELISSA HARRIS-PERRY
DIRECTOR1.00Yes (X)$0$0$0
STUART KARLE
SECRETARY1.00Yes (X)Yes (X)$0$0$0
PAUL OHM
TREASURER1.00Yes (X)Yes (X)$0$0$0
DELE OLOJEDE
DIRECTOR1.00Yes (X)$0$0$0
NICOLE WONG
DIRECTOR1.00Yes (X)$0$0$0
ANIL DASH
DIRECTOR1.00Yes (X)$0$0$0
JASON YURASEK
DIRECTOR (THRU JAN 2021)1.00Yes (X)$0$0$0
NABIHA SYED
PRESIDENT40.00Yes (X)$296,554$0$33,362
JULIA ANGWIN
EDITOR IN CHIEF40.00$296,788$0$43,666Yes (X)
EVELYN LARRUBIA
MANAGING EDITOR, INVESTIGA40.00$211,788$0$16,054Yes (X)
RAMSEY ISLER
DIRECTOR OF PRODUCT40.00$150,805$0$13,863Yes (X)
RINA PALTA
NEWS EDITOR40.00$149,460$0$27,611Yes (X)
JON KEEGAN
INVESTIGATIVE DATA JOURNALIST40.00$148,690$0$41,777Yes (X)
KOREY TE HIRA
CHIEF OF STAFF40.00$139,148$0$27,036Yes (X)
DANIEL PHIFFER
FULL-STACK ENGINEER40.00$134,460$0$31,545Yes (X)
LEON YIN
INVESTIGATIVE DATA JOURNALIST40.00$124,436$0$28,110Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,652,129TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$263,024TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K14IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JUSTWORKSBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line155 WATER STAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10041ZIPCd
FieldValueIRS element (for citing)
ServicesPROFESSIONAL EMPLOYER ORGANIZATIONServicesDesc
Compensation$4,186,318CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$6,857,120AllOtherContributionsAmt
Total Contributions$6,857,120TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,908TotalRevenueColumnAmt
Exclusion$4,908ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,862,028TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$4,908ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,251,250TotalAmt
Program Services$1,035,213ProgramServicesAmt
Management And General$200,671ManagementAndGeneralAmt
Fundraising$15,366FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,328,442TotalAmt
Program Services$1,926,418ProgramServicesAmt
Management And General$373,428ManagementAndGeneralAmt
Fundraising$28,596FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$53,742TotalAmt
Program Services$44,463ProgramServicesAmt
Management And General$8,619ManagementAndGeneralAmt
Fundraising$660FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$323,914TotalAmt
Program Services$267,988ProgramServicesAmt
Management And General$51,948ManagementAndGeneralAmt
Fundraising$3,978FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$242,168TotalAmt
Program Services$200,356ProgramServicesAmt
Management And General$38,838ManagementAndGeneralAmt
Fundraising$2,974FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$161,625TotalAmt
Program Services$113,051ProgramServicesAmt
Management And General$48,574ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$80,000TotalAmt
Fundraising$80,000FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$819,975TotalAmt
Program Services$561,945ProgramServicesAmt
Management And General$241,449ManagementAndGeneralAmt
Fundraising$16,581FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,754TotalAmt
Management And General$4,754ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$28,080TotalAmt
Management And General$28,080ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$13,581TotalAmt
Management And General$13,581ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$165,104TotalAmt
Management And General$165,104ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,813TotalAmt
Program Services$3,139ProgramServicesAmt
Management And General$1,674ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$9,935TotalAmt
Program Services$7,149ProgramServicesAmt
Management And General$2,489ManagementAndGeneralAmt
Fundraising$297FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,341TotalAmt
Management And General$2,341ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$70,644TotalAmt
Management And General$70,644ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescDUES & SUBSCRIPTIONSDesc
Total$94,020TotalAmt
Program Services$62,266ProgramServicesAmt
Management And General$31,099ManagementAndGeneralAmt
Fundraising$655FundraisingAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$65,325TotalAmt
Program Services$44,699ProgramServicesAmt
Management And General$13,834ManagementAndGeneralAmt
Fundraising$6,792FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,719,713TotalAmt
Program Services$4,266,687ProgramServicesAmt
Management And General$1,297,127ManagementAndGeneralAmt
Fundraising$155,899FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,186,613BOYAmt
EOY$258,386EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,377,102BOYAmt
EOY$6,382,010EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$175,000BOYAmt
EOY$250,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$265,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$145,108BOYAmt
EOY$49,934EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,021LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,217LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,608BOYAmt
EOY$1,804EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$119,849BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,014,280BOYAmt
EOY$7,207,134EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$118,399BOYAmt
EOY$208,414EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$39,476BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$157,875BOYAmt
EOY$208,414EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,469,964BOYAmt
EOY$6,035,367EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$386,441BOYAmt
EOY$963,353EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,856,405BOYAmt
EOY$6,998,720EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,014,280BOYAmt
EOY$7,207,134EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,142,315ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$10,419,995CurrentTaxYearMinus1YearAmt
Current Tax Year$6,857,120CurrentTaxYearAmt
Total$17,277,115TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$10,419,995CurrentTaxYearMinus1YearAmt
Current Tax Year$6,857,120CurrentTaxYearAmt
Total$17,277,115TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$8,314,700SubstantialContributorsTotAmt
Public Support Total170$8,962,415PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$959CurrentTaxYearMinus1YearAmt
Current Tax Year$4,908CurrentTaxYearAmt
Total$5,867TotalAmt
FieldValueIRS element (for citing)
Total Support$17,282,982TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,021OtherCostOrOtherBasisAmt
Depreciation$1,217DepreciationAmt
Book Value$1,804BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,804TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$6,862,028TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$6,862,028RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,862,028TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,719,713TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,719,713ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,719,713TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1GALLAGHER GROUPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1750 COLUMBUS AVENUE 11KAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10025ZIPCd
FieldValueIRS element (for citing)
ActivityPROFESSIONAL FUNDRAISINGActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$80,000RetainedByContractorAmt
Net To Organization-$80,000NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$80,000TotalRetainedByContractorsAmt
Total Net To Organization-$80,000TotalNetToOrganizationAmt
Licensed StatesNYLicensedStatesCd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART I, LINE 2B, COLUMN (V)FormAndLineReferenceDesc
ExplanationAMOUNTS PAID TO PROFESSIONAL FUNDRAISERS REFLECT CONTRACT FEES FOR THE PROFESSIONAL FUNDRAISING FEES INCURRED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JULIA ANGWIN
EDITOR IN CHIEF$296,788$0$0$0$0$0$6,003$0$37,663$0$340,454$0$0$0
NABIHA SYED
PRESIDENT$296,554$0$0$0$0$0$4,938$0$28,424$0$329,916$0$0$0
EVELYN LARRUBIA
MANAGING EDITOR, INVESTIGA$211,788$0$0$0$0$0$2,379$0$13,675$0$227,842$0$0$0
JON KEEGAN
INVESTIGATIVE DATA JOURNALIST$148,690$0$0$0$0$0$5,253$0$36,524$0$190,467$0$0$0
RINA PALTA
NEWS EDITOR$149,460$0$0$0$0$0$3,752$0$23,859$0$177,071$0$0$0
KOREY TE HIRA
CHIEF OF STAFF$139,148$0$0$0$0$0$2,451$0$24,585$0$166,184$0$0$0
DANIEL PHIFFER
FULL-STACK ENGINEER$134,460$0$0$0$0$0$4,727$0$26,818$0$166,005$0$0$0
RAMSEY ISLER
DIRECTOR OF PRODUCT$150,805$0$0$0$0$0$1,651$0$12,212$0$164,668$0$0$0
LEON YIN
INVESTIGATIVE DATA JOURNALIST$124,436$0$0$0$0$0$4,376$0$23,734$0$152,546$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINE 2ATHE 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 11BINFORMATION PREPARED BY MANAGEMENT AND ACCOUNTANTS, AND FINAL VERSION REVIEWED BY MANAGEMENT AND TREASURER PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CPER 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 15AEXECUTIVE 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 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTING FEES: PROGRAM SERVICE EXPENSES 544,784. MANAGEMENT AND GENERAL EXPENSES 234,076. FUNDRAISING EXPENSES 16,581. TOTAL EXPENSES 795,441. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 17,161. MANAGEMENT AND GENERAL EXPENSES 7,373. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,534.

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