The News Literacy Project

Profile Current (Last updated: Oct 14, 2025 )

Current Fiscal Year

Fiscal Year Start Date: July 1, 2025

Fiscal Year End Date: June 30, 2026

Projected Revenue: $10,500,000

Projected Expense: $9,500,000

Revenue vs. Expense ($)
Expense Breakdown: 2024 (%)
Administration Expense 21.7%
Program Expense 64.9%
Fundraising Expense 13.4%
Expense Breakdown: 2023 (%)
Administration Expense 16.6%
Program Expense 75.0%
Fundraising Expense 8.3%
Expense Breakdown: 2022 (%)
Administration Expense 30.4%
Program Expense 55.4%
Fundraising Expense 14.2%

990 Tax Form Newest 990 Year opens each June

Tax Year 2024 Form 990 (Fiscal Year ending in 2024) Download
Tax Year 2023 Form 990 (Fiscal Year ending in 2023) Download
Tax Year 2022 Form 990 (Fiscal Year ending in 2022) Download
Tax Year 2021 Form 990 (Fiscal Year ending in 2021) Download

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2024 2023 2022
Total Revenue $13,302,198 $6,018,672 $5,070,663
Total Expenses $8,240,629 $7,576,294 $5,447,686

Prior Three Years Revenue Sources

Fiscal Year 2024 2023 2022
Foundation and Corporation Contributions $13,106,742 $5,892,284 $3,915,714
Government Contributions $0 $0 $426,260
Federal - - -
State - - -
Local - - -
Unspecified - - -
Individual Contributions $0 $0 $0
Indirect Public Support - - -
Earned Revenue $0 $0 $0
Investment Income, Net of Losses - - -
Membership Dues $0 $0 $0
Special Events $0 $0 $0
Revenue In-Kind - - -
Other Revenue $0 $102 -$587

Prior Three Years Expense Allocations by Type

Fiscal Year 2024 2023 2022
Program Expense $5,344,120 $5,684,880 $3,017,407
Administration Expense $1,788,505 $1,260,109 $1,654,198
Fundraising Expense $1,108,004 $631,305 $776,081
Payments to Affiliates - - -
Total Revenue/Total Expenses 1.61 0.79 0.93
Program Expense/Total Expenses 65% 75% 55%
Fundraising Expense/Total Revenue 8% 10% 15%

Prior Three Years Assets and Liabilities

Fiscal Year 2024 2023 2022
Total Assets - - -
Current Assets - - -
Long-Term Liabilities - - -
Current Liabilities - - -
Total Net Assets - - -

Short Term Solvency

Fiscal Year 2024 2023 2022
Current Assets/Current Liabilities - - -

Long Term Solvency

Fiscal Year 2024 2023 2022
Long Term Liabilities/Total Assets - - -

Endowment/Capital Campaigns

Are you currently in a Capital Campaign? -

CONTACT

The News Literacy Project

5335 Wisconsin Ave. NW
Suite 440
Washington, District Of Columbia 20015

Natalie Quan

nquan@newslit.org

Phone: 7136280915

www.newslit.org