MARKUP NEWS INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
MARKUP NEWS INC (EIN 84-3438375)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-12
IRS object ID
202103169349312565
Schema version
2020v4.1
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)
Return2021-11-12T17:24:42-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Begin2020-01-01TaxPeriodBeginDt

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)
PersonNABIHA SYEDPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3477174094PhoneNum
Signature2021-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNABIHAPersonFirstNm
Person LastSYEDPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGLENN MILLER CPAPreparerPersonNm
PTINP00086726PTIN
Phone7035190990PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
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$10,420,954GrossReceiptsAmt
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 Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$10,419,995CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$959CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$10,420,954CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$3,212,677CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$57,500CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$88,175CYTotalFundraisingExpenseAmt
CY Other Expenses$1,294,372CYOtherExpensesAmt
CY Total Expenses$4,564,549CYTotalExpensesAmt
CY Revenues Less Expenses$5,856,405CYRevenuesLessExpensesAmt
Total Assets EOY$6,014,280TotalAssetsEOYAmt
Total Liabilities EOY$157,875TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$5,856,405NetAssetsOrFundBalancesEOYAmt
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$2,751,104ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescEDITORIAL & GRAPHICS - IN 2020, THE MARKUP OFFICIALLY STARTED PUBLISHING INVESTIGATIONS AND REPORTS THAT REVEALED INEQUITIES AND HARM THROUGH TECHNOLOGY. OVER THE YEAR, THE MARKUP PUBLISHED 106 ARTICLES WHICH WERE CITED IN OVER 25 ACADEMIC JOURNALS AND REPORTS, INCLUDING THE INTERNATIONAL LABOUR REVIEW AND DATA & SOCIETY. THE RESULTS OF MARKUP INVESTIGATIONS WERE ALSO CITED IN HEARINGS IN THE US HOUSE OF REPRESENTATIVES, ANTI-TRUST LAWSUITS BY VARIOUS STATE COALITIONS AND THE DEPARTMENT OF JUSTICE, AND BY OTHER MEDIA OUTLETS, INCLUDING THE NEW YORK TIMES, CNN, AND CONSUMER REPORTS. THE SUBJECTS OF MARKUP REPORTING ALSO CHANGED THEIR BEHAVIORS INCLUDING, BUT NOT LIMITED TO, FACEBOOK REMOVING "PSEUDOSCIENCE" AS AN AD TARGETING TERM, MEANING THAT ADVERTISERS COULD NO LONGER TARGET 78 MILLION PEOPLE ACROSS THE PLATFORM. AFTER OUR INVESTIGATION IN JUNE 2020, AMAZON REMOVED NEARLY 100 DANGEROUS LISTINGS OF GUN PARTS, INJECTING DRUGS, AND OTHER DANGEROUS AND ILLICIT ITEMS. DURING THE PEAK OF THE CORONAVIRUS PANDEMIC, WE TESTED THE ACCESSIBILITY OF, AS WELL AS THE NUMBER OF THIRD-PARTY TRACKERS ON, ALL 50 STATE GOVERNMENT CORONAVIRUS WEBSITES. SUBSEQUENTLY, MULTIPLE STATES CHANGED THEIR SITES TO INCREASE ACCESSIBILITY AND REMOVED THE NUMBER OF TRACKERS ON THE SITE. IN ADDITION TO OUR INVESTIGATIONS INTO TECHNOLOGY COMPANIES AND THE ALGORITHMS THAT AFFECT OUR LIVES, THE MARKUP PUBLISHED ARTICLES IN OUR "ASK THE MARKUP" SERIES WITH DETAILED EXPLANATIONS INTO ARCANE ISSUES OR TIMELY TOPICS. IN OUR FIRST YEAR, WE ANSWERED DOZENS OF QUESTIONS ACROSS A WIDE SPECTRUM OF SUBJECTS AND CONCERNS. SOME OF OUR MOST POPULAR INCLUDE "HOW PRIVATE IS MY PAY APP? AND "WHO'S ALLOWED TO TRACK MY KIDS ONLINE?"Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$336,839ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescPRODUCTION AND TECHNOLOGY - PART OF OUR UNIQUE NEWSROOM IS THE CREATION AND INNOVATION OF TOOLS TO HELP US INVESTIGATE BIG TECH AS WELL AS EMPOWER OUR READERS TO LEARN ABOUT HOW PRIVATE THEIR ONLINE ACTIVITY IS. WE BUILT CUSTOM, FORENSIC TOOLS LIKE BLACKLIGHT, WHICH SCANS WEBSITES TO REVEAL DIFFERENT METHODS OF ONLINE SURVEILLANCE AND TRACKING. SINCE ITS RELEASE OVER 2 MILLION SCANS HAVE BEEN PERFORMED BY OUR READERS AND THE LARGER PUBLIC. WE ALSO BUILT CITIZEN BROWSER, A DEMOCRACY DIAGNOSTIC TOOL, DESIGNED TO AUDIT THE FACEBOOK ALGORITHM TO SEE WHICH NEWS AND NARRATIVES THE SOCIAL MEDIA GIANT'S BLACKBOX ALGORITHMS AMPLIFY AND SUPPRESS. WITH THE RESULTS OF CITIZEN BROWSER, WE PUBLISHED MULTIPLE INVESTIGATIONS THAT REVEALED THAT FACEBOOK WAS OFTEN NOT KEEPING THE PROMISES IT MADE TO THE PUBLIC AS WELL AS THE US GOVERNMENT. SENATOR ED MARKEY, AND OTHER LEGISLATORS, HAVE CITED RESULTS FROM CITIZEN BROWSER IN HEARINGS AND LETTERS TO FACEBOOK AND ITS CEO MARK ZUCKERBERG. IN ADDITION TO THE PREVIOUSLY MENTIONED TOOLS, AS WELL AS EXTENSIONS LIKE SIMPLE SEARCH, WHICH HAS BEEN DOWNLOADED OVER 8,000 TIMES AND HELPS USERS REMOVE GOOGLE'S OWN PRODUCTS FROM THE TOP OF SEARCH RESULTS, THE MARKUP ALSO CREATES TOOLS FOR ITS OWN USE THAT PRIORITIZES OUR READERS' PRIVACY. WE'VE ESTIMATED THAT WE'VE SPENT AT LEAST $57,000 TO BUILD CUSTOM FORMS, VIDEO PLAYER, DONATIONS PLATFORM, AND MORE TO MAKE SURE THAT OUR READERS' PRIVACY IS PROTECTED. WE LOOK FORWARD TO SHARING SOME OF THESE TOOLS, AS WELL AS DEVELOPING MORE TOOLS, WITH THE PUBLIC.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$228,330ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescAUDIENCE - WE LAUNCHED META WITH THE MARKUP, A LIVE WEEKLY TALK SHOW, TO CONNECT DIRECTLY WITH OUR AUDIENCE AND CARRY OUR SHOW YOUR WORK ETHOS ACROSS THE ORGANIZATION. THE OVERARCHING THEME OF THE SHOW IS A DEEPER LOOK AT OUR REPORTING VIA OUR REPORTING TEAM WITH OCCASIONAL SPECIAL EPISODES DEVOTED TO SPECIAL PROJECTS, PRODUCT LAUNCHES, AND ORGANIZATION MILESTONES LIKE OUR FIRST ANNIVERSARY. WE HAVE ALSO HAD THE OPPORTUNITY TO EXPERIMENT WITH PLATFORMS TO FIND THE MOST NATURAL AUDIENCE AND STREAMLINE PRODUCTION AND REUSABILITY OF THE FOOTAGE. THIS LED US FROM INSTAGRAM LIVE, TO TWITCH, TO TWITTER SPACES.OUR BLACKLIGHT PRODUCT LAUNCH IN SEPTEMBER 2020 FEATURED REPORTERS, THOUGHT LEADERS, AND ARTISTS TO ENGAGE MULTIPLE POTENTIAL AUDIENCES IN CONVERSATION AROUND A SUBJECT CENTRAL TO THE MARKUP'S IDENTITY: ONLINE PRIVACY. FROM MONTH START TO FINISH, THE LAUNCH HELPED DRIVE ENGAGEMENT ACROSS SOCIAL MEDIA, RECORD FOOTPRINT GROWTH, AND A LIVE EVENT WITH OUR LARGEST CONSISTENT EVENT ATTENDANCE IN 2020. SINCE IT LAUNCHED, BLACKLIGHT AND OUR PROMOTION OF IT HAVE REMAINED CENTRAL TO OUR PUBLIC-FACING IDENTITY. THE LANDING PAGE IS ONE OF OUR TOP VISITED SITE PAGES IN THE LAST 12 MONTHS AND THE TOOL HAS GARNERED MORE THAN 2 MILLION SCANS OF WEBSITES ACROSS THE INTERNET, HELPING INFORM THE PUBLIC AND GIVE THEM AGENCY TO ENGAGE WITH BIG TECH. ADDITIONALLY, WE HAVE HEARD FROM FELLOW JOURNALISTS FROM MORE THAN ONE PUBLICATION THAT THEY ARE ACTIVELY USING THIS MARKUP-MADE TOOL TO INFORM THEIR OWN REPORTING.IN NOVEMBER 2020, THE AUDIENCE DEPARTMENT LED ON PROMOTING OUR PRESIDENT NABIHA SYED'S AMICUS BRIEF TO THE SUPREME COURT REGARDING VAN BUREN V. THE UNITED STATES. THROUGH DIRECT OUTREACH TO OUR OWN COMMUNITY'S INFLUENCERS AND A SMALL MERCHANDISE CAMPAIGN, WE BROKE THROUGH CONVERSATION BUBBLES TO GET THE CLEAR MARKUP MESSAGE THAT "SCRAPING IS NOT A CRIME" BEYOND OUR OWN COMMUNITIES AND INTO WIDER INTERNET CONVERSATIONS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Grant$0GrantAmt
Revenue$0RevenueAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$3,316,273TotalProgramServiceExpensesAmt
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 LiabilitiesYes (1)ReportOtherLiabilitiesInd
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 Document39IRPDocumentCnt
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 (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID BOARDMAN
CHAIR1.00Yes (X)$0$0$0
MELISSA HARRIS-PERRY
DIRECTOR1.00Yes (X)$0$0$0
STUART KARLE
DIRECTOR1.00Yes (X)$0$0$0
PAUL OHM
DIRECTOR1.00Yes (X)$0$0$0
DELE OLOJEDE
DIRECTOR1.00Yes (X)$0$0$0
NICOLE WONG
DIRECTOR1.00Yes (X)$0$0$0
JASON YURASEK
DIRECTOR1.00Yes (X)$0$0$0
NABIHA SYED
PRESIDENT40.00$200,036$0$33,216Yes (X)
JULIA ANGWIN
EDITOR IN CHIEF40.00$200,092$0$15,065Yes (X)
EVELYN LARRUBIA
MANAGING EDITOR, INVESTIGATIONS40.00$143,425$0$15,397Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$543,553TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$63,678TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
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 STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10041ZIPCd
FieldValueIRS element (for citing)
ServicesPROFESSIONAL EMPLOYER ORGANIZATIONServicesDesc
Compensation$2,278,682CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$10,419,995AllOtherContributionsAmt
Total Contributions$10,419,995TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$959TotalRevenueColumnAmt
Exclusion$959ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,420,954TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$959ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$448,409TotalAmt
Program Services$385,719ProgramServicesAmt
Management And General$62,690ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,210,463TotalAmt
Program Services$1,904,790ProgramServicesAmt
Management And General$305,673ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$27,573TotalAmt
Program Services$21,963ProgramServicesAmt
Management And General$5,610ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$183,741TotalAmt
Program Services$152,499ProgramServicesAmt
Management And General$31,242ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$342,491TotalAmt
Program Services$311,485ProgramServicesAmt
Management And General$31,006ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$105,169TotalAmt
Program Services$46,471ProgramServicesAmt
Management And General$58,698ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$57,500TotalAmt
Fundraising$57,500FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$652,705TotalAmt
Program Services$333,631ProgramServicesAmt
Management And General$289,074ManagementAndGeneralAmt
Fundraising$30,000FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$102,277TotalAmt
Program Services$99,069ProgramServicesAmt
Management And General$3,208ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$34,386TotalAmt
Management And General$34,386ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$19,010TotalAmt
Management And General$18,985ManagementAndGeneralAmt
Fundraising$25FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$277,480TotalAmt
Management And General$277,480ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$11,292TotalAmt
Program Services$11,075ProgramServicesAmt
Management And General$217ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$20,791TotalAmt
Program Services$5,426ProgramServicesAmt
Management And General$15,365ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,211TotalAmt
Management And General$2,211ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$15,472TotalAmt
Management And General$15,472ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescDUES & SUBSCRIPTIONSDesc
Total$53,579TotalAmt
Program Services$44,145ProgramServicesAmt
Management And General$8,784ManagementAndGeneralAmt
Fundraising$650FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,564,549TotalAmt
Program Services$3,316,273ProgramServicesAmt
Management And General$1,160,101ManagementAndGeneralAmt
Fundraising$88,175FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$1,186,613EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$4,377,102EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$145,108EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$12,945LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,337LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$10,608EOYAmt

Other Assets Total OtherAssetsTotalGrp

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

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$6,014,280EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$118,399EOYAmt

Other Liabilities OtherLiabilitiesGrp

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

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$157,875EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$5,469,964EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$386,441EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,856,405EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$6,014,280EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,856,405ReconcilationRevenueExpnssAmt
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$10,419,995CurrentTaxYearAmt
Total$10,419,995TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year$10,419,995CurrentTaxYearAmt
Total$10,419,995TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$10,419,995PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$959CurrentTaxYearAmt
Total$959TotalAmt
FieldValueIRS element (for citing)
Total Support$10,420,954TotalSupportAmt
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

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,924OtherCostOrOtherBasisAmt
Depreciation$2,127DepreciationAmt
Book Value$7,797BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,021OtherCostOrOtherBasisAmt
Depreciation$210DepreciationAmt
Book Value$2,811BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,608TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED RENTDesc
Amt$39,476Amt
FieldValueIRS element (for citing)
Total Liability$39,476TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$8,351,604TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$8,351,604RevenueSubtotalAmt
Other Revenues Not Included$2,069,350OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$2,069,350RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,420,954TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,564,549TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,564,549ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,564,549TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART XI, LINE 4B - OTHER ADJUSTMENTS:FormAndLineReferenceDesc
ExplanationPART VIII, LINE 1F - TRANSFER OF ASSETS FROM NEO 2,069,350.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
GALLAGHER GROUP
750 COLUMBUS AVENUE 11KNEW YORKNY10025PROFESSIONAL FUNDRAISING0$0$20,000-$20,000
DEBRA GOLDBERG
344 WEST 38TH STREET APT 12DNEW YORKNY10018PROFESSIONAL FUNDRAISING0$0$37,500-$37,500
FieldValueIRS element (for citing)
Total Retained By Contractors$57,500TotalRetainedByContractorsAmt
Total Net To Organization-$57,500TotalNetToOrganizationAmt

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 (3 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
NABIHA SYED
PRESIDENT$200,036$0$0$0$0$0$2,250$0$30,966$0$233,252$0$0$0
JULIA ANGWIN
EDITOR IN CHIEF$200,092$0$0$0$0$0$2,251$0$12,814$0$215,157$0$0$0
EVELYN LARRUBIA
MANAGING EDITOR, INVESTIGATIONS$143,425$0$0$0$0$0$2,377$0$13,020$0$158,822$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 11B**** NEED WORDING FROM CLIENT ***
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 290,312. MANAGEMENT AND GENERAL EXPENSES 139,043. FUNDRAISING EXPENSES 30,000. TOTAL EXPENSES 459,355. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 43,319. MANAGEMENT AND GENERAL EXPENSES 150,031. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 193,350.

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