Nonprofit · EIN 27-2614911
INSTITUTE FOR NONPROFIT NEWS
Tax-exempt · BEVERLY HILLS, CA 90211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $9,880,054 | $9,406,422 | $473,632 | $7,560,225 | $367,085 | $7,193,140 |
| December 31, 2024 | 990 (amended) | $15,594,880 | $15,663,213 | -$68,333 | $8,704,403 | $1,984,895 | $6,719,508 |
| December 31, 2023 | 990 (amended) | $8,569,299 | $10,079,196 | -$1,509,897 | $7,522,880 | $735,039 | $6,787,841 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $9,182,396
- Membership dues
- $265,916
- Program service revenue
- $0
- Investment income
- $157,519
- Net gain from sales of assets
- -$982
- Other revenue
- $540,139
Expenses
- Grants and similar amounts paid
- $2,807,781
- Compensation of officers, directors and key employees
- $1,380,270
- Other salaries and wages
- $1,546,314
- Salaries, compensation and benefits (total)
- $3,604,312
- Professional fundraising fees
- $0
- Legal fees
- $24,832
- Accounting fees
- $151,541
- Occupancy
- $1,164
- Travel
- $223,316
- Depreciation
- $7,072
- Program services (functional)
- $8,104,662
- Management and general (functional)
- $836,892
- Fundraising (functional)
- $464,868
Balance sheet and other
- Total assets, start of year
- $8,704,403
- Total assets, end of year
- $7,560,225
- Total liabilities, end of year
- $367,085
- Net assets, end of year
- $7,193,140
- Land, buildings and equipment
- $311
- Net assets without donor restrictions
- $3,100,975
- Net assets with donor restrictions
- $4,092,165
- Gross receipts
- $9,881,036
- Employees
- 26
- Volunteers
- 12
- Year formed
- 2009
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN RUNDLET | CEO Officer | 40 | $222,953 |
| COURTNEY LEWIS | CHIEF OF GROWTH PROGRAMS | 40 | $177,328 |
| LISA M GARDNER-SPRINGER | CHIEF DEVELOPMENT OFFICER | 40 | $174,491 |
| JONATHAN KEALING | CHIEF NETWORK OFFICER | 40 | $170,537 |
| CHARLES POTTS JR | DIR. OF FINANCE Officer | 40 | $165,270 |
| SORAYA MEMBRENO | COO Officer | 40 | $164,733 |
| SHARENE AZIMI | DIRECTOR OF COMMUNICATIONS | 40 | $159,139 |
| STEPHANIE SCHENKEL | NETWORK PHILANTHROPY DIRECTOR | 40 | $145,819 |
| MARCIA PARKER | Chairman Trustee or director, Officer | 10 | $0 |
| BRUCE THERIAULT | Treasurer Trustee or director, Officer | 10 | $0 |
| LUCAS GRINDLEY | Secretary Trustee or director, Officer | 5 | $0 |
| KINSEY WILSON | Director Trustee or director | 5 | $0 |
| JOHN ADAMS | Director Trustee or director | 5 | $0 |
| VALERIA FERNANDEZ | Director Trustee or director | 5 | $0 |
| CORINNE COLBERT | Director Trustee or director | 5 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK HORVIT | Director Trustee or director | 5 | $0 |
| KYRA KYLES | Director Trustee or director | 5 | $0 |
| HSIU MEI WONG | Director Trustee or director | 5 | $0 |
| CARLA MINET | Director Trustee or director | 5 | $0 |
| GRACIELA MOCHKOFSKY | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN RUNDLET | CEO Officer | 40 | $214,828 |
| COURTNEY LEWIS | GROWTH OFFICER | 40 | $161,205 |
| CHARLES POTTS JR | DIR. OF FINANCE Officer | 40 | $157,058 |
| JOHNATHAN KEALING | NETWORK OFFICER | 40 | $141,480 |
| LISA M GARDNER-SPRINGER | CHIEF DEVELOPMENT OFFICER | 40 | $138,038 |
| SORAYA MEMBRENO | COO Officer | 40 | $132,090 |
| STEPHANIE SCHENKEL | NETWORK PHILANTHROPY DIRECTOR | 40 | $131,018 |
| SHARENE AZIMI | DIRECTOR OF COMMUNICATIONS | 40 | $123,958 |
| EMILY ROSEMAN | INN INDEX DIRECTOR | 40 | $115,043 |
| MARCIA PARKER | Chairman Trustee or director, Officer | 10 | $0 |
| BRUCE THERIAULT | Treasurer Trustee or director, Officer | 10 | $0 |
| RON SMITH | Secretary Trustee or director, Officer | 5 | $0 |
| KINSEY WILSON | Director Trustee or director | 5 | $0 |
| JOHN ADAMS | Director Trustee or director | 5 | $0 |
| VALERIA FERNANDEZ | Director Trustee or director | 5 | $0 |
| LUCAS GRINDLEY | Director Trustee or director | 5 | $0 |
| MARK HORVIT | Director Trustee or director | 5 | $0 |
| KYRA KYLES | Director Trustee or director | 5 | $0 |
| HSIU MEI WONG | Director Trustee or director | 5 | $0 |
| CARLA MINET | Director Trustee or director | 5 | $0 |
| GRACIELA MOCHKOSFKY | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUE CROSS | CEO Officer | 40 | $201,122 |
| COURTNEY LEWIS | CHIEF OF GROWTH PROGRAMS | 40 | $164,847 |
| JOHNATHAN KEALING | CHIEF DEVELOPMENT OFFICER | 40 | $161,088 |
| CHARLES POTTS JR | DIR. OF FINANCE Officer | 40 | $156,439 |
| LISA M GARDNER-SPRINGER | CHIEF DEVELOPMENT OFFICER | 40 | $151,909 |
| SHARENE AZIMI | COMMUNICATIONS DIRCTOR | 40 | $149,641 |
| SORAYA MEMBRENO | COO Officer | 40 | $149,447 |
| EMILY ROSEMAN | RESEARCH DIRECTOR & EDITOR | 40 | $139,002 |
| STEPHANIE SCHENKEL | NETWORK PHILANTHROPY DIRECTOR | 40 | $136,080 |
| MARCIA PARKER | Chairman Trustee or director, Officer | 10 | $0 |
| BRUCE THERIAULT | Treasurer Trustee or director, Officer | 10 | $0 |
| RON SMITH | Secretary Trustee or director, Officer | 5 | $0 |
| KINSEY WILSON | Director Trustee or director | 5 | $0 |
| ERIKA DILDAY | Director Trustee or director | 5 | $0 |
| VALERIA FERNANDEZ | Director Trustee or director | 5 | $0 |
| LUCAS GRINDLEY | Director Trustee or director | 5 | $0 |
| MARK HORVIT | Director Trustee or director | 5 | $0 |
| KYRA KYLES | Director Trustee or director | 5 | $0 |
| HSIU MEI WONG | Director Trustee or director | 5 | $0 |
| SHEILA KRUMHOLZ | Director Trustee or director | 5 | $0 |
| RON NIXON | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 8549 WILSHIRE BLVD 2294, BEVERLY HILLS, CA 90211-3104
- In care of
- % TREASURER
- Signed the 990
- KAREN RUNDLET, CEO
- Phone
- (213) 709-7126
- Website
- INN.ORG
- Return prepared by
- Douglas & Bhagat CPA Services Inc
California records
California keeps its own records of charities and corporations. Search them by EIN 27-2614911 or by the name INSTITUTE FOR NONPROFIT NEWS.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
FOSTERING AND PROMOTING THE HIGHEST QUALITY INVESTIGATIVE AND PUBLIC SERVICE JOURNALISM.
Program accomplishments
- INSTITUTE FOR NONPROFIT NEWS PRIMARY PROGRAMS HAVE BEEN FOCUSED ON HELPING OUR NONPROFIT INVESTIGATIVE AND PUBLIC SERVICE NEWS ORGANIZATIONS PRODUCE AND DISTRIBUTE STORIES WITH IMPACT TO THE GENERAL PUBLIC. THE ULTIMATE GOAL OF INSTITUTE FOR NONPROFIT NEWS' PROGRAMS IS TO FURTHER A FREE DEMOCRACY BY EDUCATING CITIZENS AND COMMUNITIES. DURING THE YEAR, INSTITUTE FOR NONPROFIT NEWS DEVELOPED AND DISSEMINATED VALUABLE RESOURCES PROMOTING INVESTIGATIVE, PUBLIC INTEREST AND EDUCATIONAL REPORTING; CONDUCTED MULTIPLE TRAINING SEMINARS; AND MORE GENERALLY HELPED DISTRIBUTE INVESTIGATIVE NEWS CONTENT ON A GLOBAL SCALE.Expenses $8,104,662 · grants $2,807,781 · revenue $539,157
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2614911
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B990)
- Assets (IRS master file)
- $7,560,225
- Income (IRS master file)
- $9,881,036
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $9,880,054 | $9,406,422 | $7,560,225 | XML |
| 990 | December 2024 | $15,594,880 | $15,663,213 | $8,704,403 | XML |
| 990 | December 2023 | $8,569,299 | $10,079,196 | $7,522,880 | XML |
| 990 | December 2022 | $8,202,036 | $6,442,637 | $8,590,184 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 27-2614911).
Questions about INSTITUTE FOR NONPROFIT NEWS
- What is the EIN of INSTITUTE FOR NONPROFIT NEWS?
- The employer identification number (EIN) of INSTITUTE FOR NONPROFIT NEWS is 27-2614911.
- Is INSTITUTE FOR NONPROFIT NEWS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to INSTITUTE FOR NONPROFIT NEWS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE FOR NONPROFIT NEWS 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 INSTITUTE FOR NONPROFIT NEWS 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 INSTITUTE FOR NONPROFIT NEWS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of INSTITUTE FOR NONPROFIT NEWS?
- The 990 for the year ended December 31, 2025 lists 20 people; 8 received compensation from the organization, the highest $222,953 (KAREN RUNDLET, CEO).
- How much revenue does INSTITUTE FOR NONPROFIT NEWS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $9,880,054, expenses of $9,406,422 and total assets of $7,560,225 at year end.
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