2011-08-15T14:10:32-05:00 2010-09-30 PETERSON SULLIVAN LLP CPA'S 601 UNION ST STE 2300 SEATTLE WA 981012345 990 2009-10-01 061664153 GRIST MAGAZINE INC GRIS 2068762020 710 2ND AVE No 860 SEATTLE WA 98104 Charles Giller 2068762020 2011-08-17 1 Raymon G Holmdahl 2063827777 2011-08-12 2009 2016-02-24 21:20:13Z Charles Giller 710 2ND AVE No 860 SEATTLE WA 98104 2336719 0 X WWW.GRIST.ORG X 2002 MA GRIST MAGAZINE, INC. ("GRIST") (WWW.GRIST.ORG) IS THE MOST INFLUENTIAL AND IRREVERENT GREEN MEDIA PLATFORM IN THE NATION. OUR MISSION IS TO SET THE AGENDA BY SHOWING HOW GREEN, IN ALL ITS FORMS, IS RESHAPING OUR WORLD. WE ARE COMMITTED TO CUTTING THROUGH THE NOISE AND EMPOWERING A NEW GENERATION TO MAKE CHANGE. 14 13 39 30 341947 0 2119185 1644389 21770 281 25345 6610 415340 348595 2581640 1999875 0 0 1871667 1756419 0 382657 1488770 1231762 3360437 2988181 -778797 -988306 2615726 1633147 288188 288703 2327538 1344444 SEE SCHEDULE OGRIST MAGAZINE, INC. ("GRIST") (WWW.GRIST.ORG) IS THE MOST INFLUENTIAL AND IRREVERENT GREEN MEDIA PLATFORM IN THE NATION. OUR MISSION IS TO SET THE AGENDA BY SHOWING HOW GREEN, IN ALL ITS FORMS, IS RESHAPING OUR WORLD. WE ARE COMMITTED TO CUTTING THROUGH THE NOISE AND EMPOWERING A NEW GENERATION TO MAKE CHANGE. 0 0 2213340 281 See schedule oAmong Grist's accomplishments in FY2010 were: 1.Groundbreaking news coverage. Grist is a vital independent news source with the flexibility to cover key environmental stories such as the ramifications of the BP oil spill; the debate around federal climate legislation; and the growing urban sustainability movement. In some cases - from our expose on the truths behind the salmonella-tainted egg recall to our coverage of the EPA's approval of a pesticide fingered in bee colony collapse disorder - we were the first to report on these topics, influencing public opinion, policy proceedings, and coverage in other media outlets. 2.Increase in audience. We saw significant growth in our reach over the course of the fiscal year, with unique users per month growing 29 percent thanks to a combination of strong reporting and increased social media and marketing activities.3.Piloted innovative new engagement projects. During the fiscal year Grist piloted a technological initiative known as Grist Labs, through which we developed tools such as the micro-site DoNotEatThis.com, a revealing look at industrial inedibles, all with the goal of increasing public engagement with green issues. 4.Surge in influence. Our editorial content makes Grist a go-to source for influential people, many of whom are now contributing to our work, as well as citing it. OTHER INFLUENTIAL PUBLICATIONS ALSO RELY ON OUR WORK. IN THIS WAY, WE HELP TO SET THE AGENDA ON GREEN ISSUES. FOR EXAMPLE, OUR WRITERS AND REPORTING ARE FREQUENTLY REFERRED TO BY TOP MEDIA OUTLETS LIKE THE NEW YORK TIMES, NEWSWEEK, AND BUSINESS WEEK; AND INFLUENTIAL INDIVIDUALS ON TWITTER AND FACEBOOK LIKEWISE DEPEND ON OUR WORK AND IN TURN CIRCULATE IT TO THEIR FOLLOWERS, EXPANDING OUR REACH SIGNIFICANTLY. 2213340 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 49 0 1 39 1 1 1 0 0 0 0 1 1 0 0 0 14 13 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 WA MA X X Wentina Hurtado 2068762020 710 2ND AVE STE 860 SEATTLE WA 98104 Kaufman Susan L 1.00 X X 0 0 0 Morello-Frosch Rachel 1.00 X X 0 0 0 Strauss Benjamin 1.00 X X 0 0 0 Alderman John 0.50 X 0 0 0 Borland Gino 0.50 X X 0 0 0 Conrad Tony 0.50 X 0 0 0 DeBonis Laura 0.50 X 0 0 0 Grimm Kristen 0.50 X 0 0 0 Katz Daniel 0.50 X 0 0 0 McKibben Bill 0.50 X 0 0 0 Mullenweg Matt 0.50 X 0 0 0 Schmidt Wendy 0.50 X 0 0 0 Wirth Kelsey 0.50 X 0 0 0 Giller Charles 50.00 X X 170252 0 6896 Schmall Lori 50.00 X 137691 0 10022 Farwell Rebecca 50.00 X 0 0 0 Russell Walker 50.00 X 107738 0 9096 Stephanie Bittner 50.00 X 106649 0 6519 522330 0 32533 2 0 1 0 betsy tarlin 88 columbia st brookline MA 02446 fundraising & strategic consulting 180000 1 1644389 64207 1644389 Syndication Fees 519100 281 281 281 41049 41049 302405 336844 -34439 -34439 -34439 advertising 541800 339689 339689 Work Study Reimburseme 900099 6648 6648 affiliate fees 541800 2258 2258 348595 1999875 281 341947 13258 304387 225730 36641 42016 1193915 835020 223563 135332 31903 22567 5558 3778 99381 69395 18127 11859 126833 89718 22095 15020 2300 2203 57 40 2125 2125 702079 592055 19305 90719 22497 22497 33130 24273 3130 5727 88045 73214 10679 4152 116448 93740 13392 9316 117411 77965 19763 19683 61282 57428 2783 1071 12079 11382 411 286 miscellaneous 32307 15953 3888 12466 Small equip purchases 13599 11786 1253 560 Dues and Subscriptions 13355 7917 3800 1638 processing fees 11386 5186 6200 Repairs and Maintenance 3719 2994 428 297 2988181 2213340 392184 382657 X 43191 221683 2230761 1123951 82881 51691 79713 124981 37003 25740 233326 156788 127500 76538 14677 8563 2615726 1633147 244227 266010 43961 22693 288188 288703 X 1237538 1102944 1090000 241500 2327538 1344444 2615726 1633147 X 0 1 0 X 0 X 2184769 3851408 1937323 2119185 1580182 11672867 2184769 3851408 1937323 2119185 1580182 11672867 5723690 5949177 13512 61193 62488 25345 41049 203587 66722 186766 360855 404188 341947 1360478 1219 7127 11152 6648 26146 13263078 132388 0.44860 0.39600 X Schedule A, Part II, Line 10, Explanation of Other Income: Workstudy Reimbursement Miscellaneous RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 233326 156788 76538 76538 deferred lease incentive 12741 Capital Lease Obligation 9952 22693 1999875 2988181 -988306 5212 5212 -983094 2218649 5212 213562 218774 1999875 0 1999875 3201743 213562 213562 2988181 0 2988181 Part X: Description of Uncertain Tax Positions Under FIN 48: Grist reports a liability, if any, for unrecognized tax benefits resulting from uncertain income tax positions taken or expected to be taken in an income tax return. Estimated interest and penalties, if any, are recorded as a component of interest expense and other expense, respectively. No liability has been recorded for uncertain tax positions, or related interest or penalties as of September 30, 2010. Tax years that remain subject to examination by federal authorities are the years from September 30, 2007 to 2010. X 0 1 X X X 0 0 0 0 0 0 0 0 0 Giller Charles 117902 0 41600 0 10750 0 6896 0 0 0 177148 0 0 0 Part I, Line 1b Very occasionally, Grist has covered travel costs for the President/CEO's family (approx. 2 times over the last few years) due to related business needs. Board Chairs were always consulted/notified of these trips and travel costs were incurred and purchased according to Grist's standard procurement policies and requirements for substantiation. Otherwise, we do not have a specific policy concerning companion travel because it occurs so infrequently. X software usage 2 41710 cost X donor premiums 7 22497 cost 0 0 0 Form 990, Part VI, Section A, line 8b The organization does not have any committee that acts on the Board's behalf. Form 990, Part VI, Section B, line 11 Before the tax return is filed, members of Grist's Management Team including the President, General Manager, Director of Development, and Director of Finance will review the detailed information included in the return for accuracy and appropriateness. This group has a strong understanding of Grist's operations and finances as well as the return's format and purpose. Any questions or issues will be discussed and concurred on as a group. The entire board will receive a copy of the Form 990 at the next board meeting after the return is filed. Form 990, Part VI, Section B, line 12c All officers, directors and employees of the organization must comply with Grist's conflict of interest policy. Officers and directors review and sign the policy on an annual basis; employees do so at their start of employment. Any conflicts or matters that may arise are discussed and considered immediately. If a true conflict exists, the affected individual(s) are restricted from participating in any decision making related to the matter. No conflicts have arisen in our past. Form 990, Part VI, Section B, line 15 FOR THE PRESIDENT: AN INDEPENDENT COMMITTEE OF THE BOARD, led by Board Chair SUSAN KAUFMAN and including the Board Treasurer and two other Board Members, uses committee memberS' understanding of and comparison to other nonprofit organizations to determine compensation. This committee conducts two compensation evaluation processes. 1) SALARY: The PRESIDENT IS ELIGIBLE FOR SALARY INCREASES IN LINE WITH THE REST OF THE STAFF BASED ON A PERFORMANCE REVIEW. The committee collects INPUT FROM THE BOARD AND ALL STAFF about how the PRESIDENT is performing AS A MANAGER AND LEADER. When applicable, the committee may also consider a MARKET ADJUSTMENT to the salary. 2) PRESIDENT'S BONUS: A set bonus pool is determined at the beginning of the fiscal year, and the amount awarded is CALCULATED by the committee BASED ON ACTUAL PERFORMANCE VERSUS budgetary and OBJECTIVE GOALS FOR THE ORGANIZATION. For Other Employees: OTHER EMPLOYEES' COMPENSATION AMOUNTS ARE DETERMINED BY THE PRESIDENT. Form 990, Part VI, Section C, line 19 Financial statements are distributed via biennial Annual Reports and available upon request.