MARKUP NEWS INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MARKUP NEWS INC (EIN 84-3438375)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-12
IRS object ID
202503169349304740
Schema version
2024v5.2
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)
Return2025-11-12T10:59:50-08:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN680260103PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1REGALIA BERGER & BERGER CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1103 TOWN COUNTRY DR STE KAddressLine1Txt
CityDANVILLECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94526ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

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)
PersonNeil ChasePersonNm
Person TitleCEOPersonTitleTxt
Phone3477174094PhoneNum
Signature2025-11-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDouglas W RegaliaPreparerPersonNm
PTINP00186389PTIN
Phone9253140390PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNeil ChasePrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1103AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10159ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$609,669GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.themarkup.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2020FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE MARKUP IS A NONPROFIT NEWSROOM THAT CHALLENGES TECHNOLOGY TO SERVE THE PUBLIC GOOD. THE MARKUP UTILIZES AN UNPARALLELED ROSTER OF ENGINEERS AND JOURNALISTS WHO PURSUE MEANINGFUL, DATA-DRIVEN INVESTIGATIONS AND DEVELOP DIGITAL TOOLS.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee27TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$4,273,676PYContributionsGrantsAmt
CY Contributions Grants$585,509CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$32,374PYInvestmentIncomeAmt
CY Investment Income$19,710CYInvestmentIncomeAmt
CY Other Revenue$4,450CYOtherRevenueAmt
PY Total Revenue$4,306,050PYTotalRevenueAmt
CY Total Revenue$609,669CYTotalRevenueAmt
CY Grants And Similar Paid$1,269,076CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,488,267PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,650,424CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$44,220CYTotalFundraisingExpenseAmt
PY Other Expenses$1,134,335PYOtherExpensesAmt
CY Other Expenses$536,642CYOtherExpensesAmt
PY Total Expenses$5,622,602PYTotalExpensesAmt
CY Total Expenses$4,456,142CYTotalExpensesAmt
PY Revenues Less Expenses-$1,316,552PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$3,846,473CYRevenuesLessExpensesAmt
Total Assets BOY$4,104,173TotalAssetsBOYAmt
Total Assets EOY$48,625TotalAssetsEOYAmt
Total Liabilities BOY$209,075TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,895,098NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$48,625NetAssetsOrFundBalancesEOYAmt
MissionTHE MARKUP IS A NONPROFIT NEWSROOM THAT CHALLENGES TECHNOLOGY TO SERVE THE PUBLIC GOOD. THE MARKUP UTILIZES AN UNPARALLELED ROSTER OF ENGINEERS AND JOURNALISTS WHO PURSUE MEANINGFUL, DATA-DRIVEN INVESTIGATIONS AND DEVELOP DIGITAL TOOLS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,290,218ExpenseAmt
DescEDITORIAL & GRAPHICS - THE MARKUP PUBLISHED INVESTIGATIONS, REPORTS, AND GUIDES THAT REVEALED HARMS CAUSED BY TECHNOLOGY AND HOW PEOPLE USE IT. THEIR JOURNALISM WAS ACTIONABLE AND DROVE REAL-WORLD IMPACT. THEY EXPOSED AND OUTLAWED DIGITAL DISCRIMINATION WITH THE HELP OF READERS. THEY LAUNCHED LANGUAGES OF MISINFORMATION SERIES, ABOUT THE INFORMATION NEEDS AND STRUGGLES OF VIETNAMESE IMMIGRANT ENCLAVES, WHICH WON AN AAJA JOURNALISM OF EXCELLENCE AWARD FOR WORKING DIRECTLY WITH COMMUNITY MEMBERS, BRIDGED GENERATIONAL GAPS, AND TAUGHT PRACTICAL WORKSHOPS. IN PARALLEL WITH THEIR REPORTING WORK, THEY CREATED DIGITAL TOOLS THAT ALLOWED READERS TO REPORT WITH THEM.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$392,713ExpenseAmt
DescPRODUCT & TECHNOLOGY - THE MARKUP STARTED WITH A COMPREHENSIVE REDESIGN OF THE HOMEPAGE, ACCOMPANIED BY THE CREATION OF NEW CMS FEATURES TO SUPPORT THE STRUCTURE OF THE NEW HOMEPAGE AND MAKE IT EASY FOR EDITORS TO CHANGE IT EXTENSIVELY IF NEEDED. THEY MADE EXTENSIVE FEATURE UPDATES TO THEIR PREMIERE TOOL BLACKLIGHT. THEY UTILIZED SUMMER INTERNS TO HELP MANAGE THE WORKLOAD AND THE END RESULT IS A PLETHORA OF NEW FEATURES INCLUDING THE ABILITY TO "SPOOF" SITE SCANS FROM GERMANY, SCAN AS A DESKTOP BROWSER IN ADDITION TO A MOBILE BROWSER, BYPASS CACHE OF ALREADY SCANNED SITES, AND A HOST OF PERFORMANCE UPGRADES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$74,204ExpenseAmt
DescAUDIENCE - IN CONJUNCTION WITH THE LAUNCH OF THEIR WEBSITE REDESIGN, THE MARKUP CONTINUED TO GROW THE OVERALL BRAND IMPACT. THEIR WORK WAS REPUBLISHED ACROSS OTHER NEWS NETWORKS 1,223 TIMES AND LOCALIZED BY OTHER NEWSROOMS 8 TIMES. THEIR TOOLS CONTINUE TO HAVE IMPACT WITH THEIR AUDIENCE AS WELL: OVER 13 MILLION PEOPLE HAVE USED THE BLACKLIGHT TOOL. THEY WERE ALSO RECOGNIZED BY LEADERS IN THE INDUSTRY. THEY WON 18 INDUSTRY AWARDS, INCLUDING SEVERAL FROM SOCIETY FOR NEWS DESIGN, SIGMA, SCRIPPS HOWARD, NATIONAL PRESS CLUB, AND THE ONLINE JOURNALISM ASSOCIATION.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,757,135TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee27EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNeil Chase CEOPersonNm
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 WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Neil Chase
CEO40.0040.00Yes (X)$0$423,789$44,072
Nabiha Syed
CEO40.000.00Yes (X)$213,489$0$25,222
Sisi Wei
Editor-in-Chief40.000.00$164,869$0$12,006
Monique O Madan Urrutia
Journalist40.000.00$114,700$0$48,602
Michael Reilly
Managing Editor40.000.00$113,909$0$23,747
Ali Frances
Operations Manager40.000.00$89,191$0$30,602
Jon Keegan
Journalist40.000.00$94,736$0$23,271
Ramsey Isler
Product Director40.000.00$95,313$0$9,570
David Boardman
Past Chair2.000.00Yes (X)$0$0$0Yes (X)
Anil Dash
Director2.000.00Yes (X)$0$0$0Yes (X)
Melissa Harris-Perry
Director2.000.00Yes (X)$0$0$0Yes (X)
Stuart Karle
Director2.000.00Yes (X)$0$0$0Yes (X)
Paul Ohm
Director2.000.00$0$0$0Yes (X)
Nicole Wong
Director2.000.00$0$0$0Yes (X)
John Boland
Chair2.000.00Yes (X)$0$0$0Yes (X)
Hema Sareen Mohan
Vice Chair2.000.00Yes (X)$0$0$0Yes (X)
Leo Wolinsky
Director2.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$886,207TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$423,789TotReportableCompRltdOrgAmt
Total Other Compensation$217,092TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$585,509AllOtherContributionsAmt
Total Contributions$585,509TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,710TotalRevenueColumnAmt
Exclusion$19,710ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescCredit Card IncentiveDesc
Business900099BusinessCd
Total Revenue Column$4,450TotalRevenueColumnAmt
Exclusion$4,450ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,450OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$609,669TotalRevenueColumnAmt
Exclusion$24,160ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,269,076TotalAmt
Program Services$1,269,076ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$873,726TotalAmt
Program Services$773,612ProgramServicesAmt
Management And General$100,114ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,176,611TotalAmt
Program Services$1,041,791ProgramServicesAmt
Management And General$134,820ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$59,884TotalAmt
Program Services$57,190ProgramServicesAmt
Management And General$2,694ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$369,145TotalAmt
Program Services$320,665ProgramServicesAmt
Management And General$48,480ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$171,058TotalAmt
Program Services$151,587ProgramServicesAmt
Management And General$19,471ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$70,100TotalAmt
Program Services$5,018ProgramServicesAmt
Management And General$65,082ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$255,668TotalAmt
Program Services$62,805ProgramServicesAmt
Management And General$161,063ManagementAndGeneralAmt
Fundraising$31,800FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$45,185TotalAmt
Program Services$29,300ProgramServicesAmt
Management And General$15,863ManagementAndGeneralAmt
Fundraising$22FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$342TotalAmt
Management And General$342ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$20,911TotalAmt
Program Services$14,080ProgramServicesAmt
Management And General$5,283ManagementAndGeneralAmt
Fundraising$1,548FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$24,825TotalAmt
Program Services$8,473ProgramServicesAmt
Management And General$11,811ManagementAndGeneralAmt
Fundraising$4,541FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18,501TotalAmt
Management And General$18,501ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$57,254TotalAmt
Management And General$57,254ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescDues and SubscriptionsDesc
Total$43,856TotalAmt
Program Services$23,538ProgramServicesAmt
Management And General$14,009ManagementAndGeneralAmt
Fundraising$6,309FundraisingAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,456,142TotalAmt
Program Services$3,757,135ProgramServicesAmt
Management And General$654,787ManagementAndGeneralAmt
Fundraising$44,220FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$616,078BOYAmt
EOY$56,317EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,137,270BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$267,308BOYAmt
EOY-$7,692EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$63,731BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$29,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$29,000LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$19,786BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,104,173BOYAmt
EOY$48,625EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$209,075BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$209,075BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,352,602BOYAmt
EOY$48,625EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$542,496BOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,895,098BOYAmt
EOY$48,625EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,104,173BOYAmt
EOY$48,625EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$3,846,473ReconcilationRevenueExpnssAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,419,995CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,857,120CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,274,548CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,273,676CurrentTaxYearMinus1YearAmt
Current Tax Year$585,509CurrentTaxYearAmt
Total$26,410,848TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,419,995CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,857,120CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,274,548CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,273,676CurrentTaxYearMinus1YearAmt
Current Tax Year$585,509CurrentTaxYearAmt
Total$26,410,848TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$13,718,356SubstantialContributorsTotAmt
Public Support Total170$12,692,492PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$959CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,908CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,933CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,374CurrentTaxYearMinus1YearAmt
Current Tax Year$19,710CurrentTaxYearAmt
Total$68,884TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$4,450CurrentTaxYearAmt
Total$4,450TotalAmt
FieldValueIRS element (for citing)
Total Support$26,484,182TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700.00000PublicSupportCY170Pct

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

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$29,000OtherCostOrOtherBasisAmt
Depreciation$29,000DepreciationAmt
FieldValueIRS element (for citing)
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$609,669TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$609,669RevenueSubtotalAmt
Total Revenue Per Form990$609,669TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,456,142TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$4,456,142ExpensesSubtotalAmt
Total Expenses Per Form990$4,456,142TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X : FIN48 FootnoteFormAndLineReferenceDesc
ExplanationIncome Taxes The Markup is organized as a New York nonprofit corporation and has been recognized by the IRS as exempt from federal income taxes under IRC Section 501(a) as organizations described in IRC Section 501(c)(3), qualifies for the charitable contribution deduction under IRC Sections 170(b)(1)(A)(vi) and (viii), and has been determined not to be private foundations under IRC Sections 509(a)(1) and (3), respectively. The Markup is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. We have determined that the entity is not subject to unrelated business income tax and have not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. The Markup has received notification from the Internal Revenue Service and the State of New York that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that The Markup continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1CalMattersBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11017 L Street 261AddressLine1Txt
CitySacramentoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95814ZIPCd
FieldValueIRS element (for citing)
Recipient EIN472474086RecipientEIN
IRC Section501(c)(3)IRCSectionDesc
Cash Grant$1,269,076CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Purpose Of Grantfunding to support operationsPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmt
Monique O Madan Urrutia
Journalist$114,700$3,956$44,646$163,302
Nabiha Syed
CEO$213,489$1,785$23,437$238,711
Neil Chase
CEO$423,789$13,800$30,272$467,861
Sisi Wei
Editor-in-Chief$164,869$5,688$6,318$176,875

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bForm 990 is prepared by an outside tax professional. The form is reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management approves the final return which is then e-filed with the Department of the Treasury.
Form 990, Part VI, Section B, Line 12cMembers of the Board of Directors review all potential conflicts of interest periodically. Executive personnel and board members are required to disclose potential conflicts and any related party affiliations. The Organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.
Form 990, Part VI, Section B, Line 15aMembers of the Board of Directors review the compensation of all top management personnel periodically in accordance with IRS rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organization's policies and procedures. Final compensation adjustments are approved by the Board.
Form 990, Part VI, Section B, Line 15bCompensation of other individuals (including high-level personnel and key employees) is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.
Form 990, Part VI, Section C, Line 18Tax returns are available for download from several websites and by request from the organization's office in New York, New York.
Form 990, Part VI, Section C, Line 19All of the organization's governing documents, financial statements and other legal Filings are maintained in a secure environment and held available for inspection by Tax authorities and the general public. Tax returns are posted annually to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office in New York, New York.
Form 990, Part XII, Line 2cThe audited financial statements are prepared by a qualified and licensed independent audit firm. The audit report is reviewed and approved by the organization's management and the Board of Directors.
FORM 990, Part IX, Line 1 - GRANTS AND OTHER ASSISTANCETHESE AMOUNTS REPRESENT FUNDING TRANSFERS TO CALMATTERS, THE SOLE MEMBER, TO SUPPORT ONGOING OPERATIONS POST-MERGER.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CalMattersBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11017 L Street 261AddressLine1Txt
CitySacramentoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95814ZIPCd
FieldValueIRS element (for citing)
EIN472474086EIN
Primary Activitiesimprove democracyPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(c)(3)ExemptCodeSectionTxt
Public Charity Status7PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CalMattersBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypebTransactionTypeTxt
Involved$1,269,076InvolvedAmt
Method Of Amount DeterminationFMVMethodOfAmountDeterminationTxt

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