Nonprofit · EIN 13-3392362
FAIRNESS & ACCURACY IN REPORTING INC
Tax-exempt · NEW YORK, NY 10001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $551,123 | $628,918 | -$77,795 | $802,639 | $151,355 | $651,284 |
| June 30, 2024 | 990 | $441,885 | $600,459 | -$158,574 | $895,480 | $169,152 | $726,328 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $497,605
- Program service revenue
- $32,474
- Investment income
- $18,243
- Net gain from sales of assets
- $7,493
- Other revenue
- $2,801
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $320,025
- Salaries, compensation and benefits (total)
- $444,316
- Professional fundraising fees
- $0
- Legal fees
- $11,975
- Occupancy
- $25,760
- Depreciation
- $489
- Program services (functional)
- $510,669
- Management and general (functional)
- $83,460
- Fundraising (functional)
- $34,789
Balance sheet and other
- Total assets, start of year
- $895,480
- Total assets, end of year
- $802,639
- Total liabilities, end of year
- $151,355
- Net assets, end of year
- $651,284
- Land, buildings and equipment
- $938
- Publicly traded securities
- $524,955
- Net assets without donor restrictions
- $651,284
- Gross receipts
- $1,062,441
- Employees
- 10
- Volunteers
- 0
- Year formed
- 1986
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARL GROSSMAN | SECRETARY Trustee or director, Officer | 1 | $600 |
| ROBIN ANDERSEN | MEMBER Trustee or director | 1 | $600 |
| WILLIAM HOYNES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| HOLLIE AINBINDER | MEMBER Trustee or director | 1 | $0 |
| ROBERT W MCCHESNEY | MEMBER (DECEASED-MARCH 25, 2025) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBIN ANDERSEN | MEMBER Trustee or director | 1 | $900 |
| WILLIAM HOYNES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KARL GROSSMAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| ROBERT W MCCHESNEY | MEMBER Trustee or director | 1 | $0 |
| HOLLIE AINBINDER | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 124 WEST 30TH STREET, NEW YORK, NY 10001-0441
- Principal officer (990 for 2024)
- OLIVIA RIGGIO, 124 WEST 30TH STREET, NEW YORK, NY 10001
- Signed the 990
- OLIVIA RIGGIO, ADMINISTRATIVE AND FUNDRAISING DIRE
- Phone
- (212) 633-6700
- Return prepared by
- RICH AND BANDER LLP
Mission
FAIRS ORGANIZATIONAL MISSION IS TO MONITOR, RESEARCH AND DOCUMENT MEDIA REPORTING FOR INACCURACIES AND BIAS AND MAKE THIS INFORMATION AVAILABLE TO THE PUBLIC. THIS PURPOSE IS FULFILLED WITH PUBLICATION OF THE NEWSLETTER EXTRA!, THE BROADCAST OF THE WEEKLY RADIO SHOW COUNTERSPIN AND PUBLISHING THIS INFORMATION ON ITS WEBSITE FAIR.ORG.
Program accomplishments
- FAIR IS THE PUBLISHER OF THE NEWSLETTER EXTRA! EXTRA! PUBLISHES WELL-DOCUMENTED ARTICLES EXAMINING INACCURATE OR BIAS REPORTING, CENSORED NEWS, PRESS/STATE CRONYISM, THE POWER OF CORPORATE OWNERS AND ADVERTISERS, AND THE EXCLUSION OF PROGRESSIVE VOICES IN THE MAINSTREAM MEDIA.Expenses $217,035 · revenue $27,449
- FAIR RESEARCHES AND ANALYZES NEWS REPORTS FOR EXAMPLES OF BIAS AND INACCURACIES. IT ALSO DOCUMENTS INSTANCES OF CORPORATE AND ADVERTISING INFLUENCE IN THE NEWS. WITH STUDIES, REPORTS AND INTERVIEWS FAIR PRESENTS FACT-BASED INFORMATION TO THE PUBLIC WITH ITS PRINT NEWSLETTER, WEEKLY RADIO SHOW AND WEBSITE.Expenses $172,489
- COUNTERSPIN IS THE WEEKLY HALF-HOUR RADIO SHOW OF FAIR THAT BROADCASTS ON OVER 150 NON-COMMERCIAL STATIONS ACROSS THE COUNTRY. IT IS ALSO AVAILABLE ONLINE. THE SHOW COVERS A NUMBER OF NEWS ITEMS FROM THE PAST WEEK AND THEN CONDUCTS INTERVIEWS ON TWO MAJOR NEWS STORIES BY EXPERTS IN THE FIELD.Expenses $121,145 · revenue $5,025
- FAIRS ACTIVISM INVOLVES ENCOURAGING MEMBERS TO COMMUNICATE TO JOURNALISTS TO DEMAND MORE RESPONSIBLE REPORTING. FAIR WORKS TO INVIGORATE THE FIRST AMENDMENT BY ADVOCATING FOR GREATER DIVERSITY IN THE PRESS AND BY SCRUTINIZING MEDIA PRACTICES THAT MARGINALIZE PUBLIC INTEREST, MINORITY AND DISSENTING VIEWPOINTS. AT PRESENT FAIR HAS AN ONLINE ACTIVISM LIST OF OVER 55,000.0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3392362
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S50Z)
- Assets (IRS master file)
- $802,639
- Income (IRS master file)
- $1,062,441
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $462,452 | $586,150 | $957,521 | IRS |
| 990 | June 2022 | $454,092 | $576,418 | $1,059,164 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about FAIRNESS & ACCURACY IN REPORTING INC
- What is the EIN of FAIRNESS & ACCURACY IN REPORTING INC?
- The employer identification number (EIN) of FAIRNESS & ACCURACY IN REPORTING INC is 13-3392362.
- Is FAIRNESS & ACCURACY IN REPORTING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to FAIRNESS & ACCURACY IN REPORTING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAIRNESS & ACCURACY IN REPORTING INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FAIRNESS & ACCURACY IN REPORTING INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FAIRNESS & ACCURACY IN REPORTING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FAIRNESS & ACCURACY IN REPORTING INC?
- The 990 for the year ended June 30, 2025 names OLIVIA RIGGIO.
- Who are the officers and directors of FAIRNESS & ACCURACY IN REPORTING INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 2 received compensation from the organization, the highest $600 (KARL GROSSMAN, SECRETARY).
- How much revenue does FAIRNESS & ACCURACY IN REPORTING INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $551,123, expenses of $628,918 and total assets of $802,639 at year end.
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