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Nonprofit · EIN 20-3685508

DEMOCRACY A JOURNAL OF IDEAS INC

Tax-exempt (reinstated) · WASHINGTON, DC 20006

Financials

$835K$589K2023$515K$798K2024$807K$730K2025
Revenue Expenses · by fiscal year end
Financials of DEMOCRACY A JOURNAL OF IDEAS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$806,869$730,388$76,481$591,012$7,260$583,752
December 31, 2024990$514,968$797,797-$282,829$607,391$0$607,391
December 31, 2023990$834,549$588,840$245,709$890,220$0$890,220
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$803,633
Program service revenue
$3,236
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$189,857
Salaries, compensation and benefits (total)
$351,033
Professional fundraising fees
$0
Legal fees
$51,967
Accounting fees
$2,879
Occupancy
$30,902
Travel
$2,439
Program services (functional)
$546,044
Management and general (functional)
$132,925
Fundraising (functional)
$51,419

Balance sheet and other

Total assets, start of year
$507,391
Total assets, end of year
$591,012
Total liabilities, end of year
$7,260
Net assets, end of year
$583,752
Land, buildings and equipment
$3,578
Net assets without donor restrictions
$583,752
Gross receipts
$806,869
Employees
3
Volunteers
0
Year formed
2005
State of legal domicile
DC

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Michael TomaskyEditor
Trustee or director, Officer, Highest-paid employee
40$121,923$0
Jack MeserveManaging Editor
Officer
40$84,846$3,514
Robert AbernethyDirector
Trustee or director
1$0$0
Shane BatemanTreasurer
Trustee or director, Officer
1$0$0
Charles DavidsonDirector
Trustee or director
1$0$0
Nick HanauerDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL TOMASKYEDITOR
Trustee or director, Officer
40$100,000$0
JACK MESERVEMANAGING EDITOR
Officer
40$82,000$6,102
ANDREI CHERNYPRESIDENT
Trustee or director, Officer
1$0$0
SHANE BATEMANTREASURER
Trustee or director, Officer
1$0$0
ROBERT ABERNETHYDIRECTOR
Trustee or director
1$0$0
GLEN FUKUSHIMADIRECTOR
Trustee or director
1$0$0
NICK HANAUERDIRECTOR
Trustee or director
1$0$0
WILLIAM BUDINGERDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MICHAEL TOMASKYEDITOR
Trustee or director, Officer
40$100,000
JACK MESERVEMANAGING EDITOR
Officer
40$82,000
ANDREI CHERNYPRESIDENT
Trustee or director, Officer
1$0
SHANE BATEMANTREASURER
Trustee or director, Officer
1$0
ROBERT ABERNETHYDIRECTOR
Trustee or director
1$0
BERNARD SCHWARTZDIRECTOR
Trustee or director
1$0
WILLIAM BUDINGERDIRECTOR
Trustee or director
1$0
NICK HANAUERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
818 18TH ST NW STE 750, WASHINGTON, DC 20006-3513
Principal officer (990 for 2025)
Michael Tomasky, 818 18th Street NW, Suite 750, Washington, DC 20006
Signed the 990
Michael Tomasky, Editor
Phone
(202) 263-4390

Mission

To build a vibrant and vital progressivism for the twenty-first century that builds on the movement's proud history, is true to its central values, and is relevant to present times, publish the quarterly nonpartisan journal, "Democracy, A Journal of Ideas."

990 for the year ended December 31, 2025

Program accomplishments

  • 1. Published four quarterly issues of a periodical which spurs intellectual debate, on issues facing Americans and the worldwide society. 2. Organized a large conference in the spring (100 plus attendees, including press) devoted to discussion of important public issues. 3. Jointly organized occasional dinners including invited guests and speakers to discuss issues addressed in the pages of the Journal.
    Expenses $546,044 · revenue $3,236

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3685508
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B60)
Assets (IRS master file)
$607,391
Income (IRS master file)
$514,968

Revocation and reinstatement

Exemption revoked
May 15, 2019
Posted by the IRS
February 10, 2020
Reinstated
Effective May 15, 2019

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$806,869$730,388$591,012XML
990December 2024$514,968$797,797$607,391XML
990December 2023$834,549$588,840$890,220XML
990December 2022$567,517$488,081$662,156IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 20-3685508).

Questions about DEMOCRACY A JOURNAL OF IDEAS INC

What is the EIN of DEMOCRACY A JOURNAL OF IDEAS INC?
The employer identification number (EIN) of DEMOCRACY A JOURNAL OF IDEAS INC is 20-3685508.
Is DEMOCRACY A JOURNAL OF IDEAS INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2019 and reinstated it effective May 15, 2019.
Are donations to DEMOCRACY A JOURNAL OF IDEAS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DEMOCRACY A JOURNAL OF IDEAS 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 DEMOCRACY A JOURNAL OF IDEAS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DEMOCRACY A JOURNAL OF IDEAS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of DEMOCRACY A JOURNAL OF IDEAS INC?
The 990 for the year ended December 31, 2025 names Michael Tomasky.
Who are the officers and directors of DEMOCRACY A JOURNAL OF IDEAS INC?
The 990 for the year ended December 31, 2025 lists 6 people; 2 received compensation from the organization, the highest $121,923 (Michael Tomasky, Editor).
How much revenue does DEMOCRACY A JOURNAL OF IDEAS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $806,869, expenses of $730,388 and total assets of $591,012 at year end.

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