Nonprofit · EIN 86-2478288
CANARY MEDIA INC
Tax-exempt · ASHEVILLE, NC 28801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 (amended) | $3,704,087 | $3,066,371 | $637,716 | $2,175,075 | $375,353 | $1,799,722 |
| June 30, 2024 | 990 | $6,642,620 | $2,621,829 | $4,020,791 | $1,417,188 | $255,182 | $1,162,006 |
| June 30, 2023 | 990 | $1,234,416 | $2,825,261 | -$1,590,845 | $704,804 | $3,563,589 | -$2,858,785 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,063,950
- Program service revenue
- $588,435
- Investment income
- $51,702
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $296,916
- Other salaries and wages
- $1,554,394
- Salaries, compensation and benefits (total)
- $2,192,243
- Professional fundraising fees
- $0
- Legal fees
- $1,590
- Accounting fees
- $57,537
- Occupancy
- $4,091
- Travel
- $112,046
- Program services (functional)
- $2,406,700
- Management and general (functional)
- $365,088
- Fundraising (functional)
- $294,583
Balance sheet and other
- Total assets, start of year
- $1,417,188
- Total assets, end of year
- $2,175,075
- Total liabilities, end of year
- $375,353
- Net assets, end of year
- $1,799,722
- Net assets without donor restrictions
- $1,112,738
- Net assets with donor restrictions
- $686,984
- Gross unrelated business income
- $472,038
- Gross receipts
- $3,704,087
- Employees
- 12
- Volunteers
- 1
- Year formed
- 2021
- State of legal domicile
- DE
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARTHA PICKETT | BOARD MEMBER Trustee or director | 1 | $0 | $421,453 | $41,559 |
| Lena Hansen | Board Member Trustee or director | 1 | $0 | $390,409 | $31,890 |
| Eric WESOFF | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $167,464 | $0 | $6,202 |
| Nicholas RINALDI | Treasurer & General Manager Officer | 40 | $155,432 | $0 | $16,581 |
| Lisa Hymas | Executive Editor Highest-paid employee | 40 | $149,581 | $0 | $16,899 |
| Jeff St John | Chief Reporter and Policy Specialist Highest-paid employee | 40 | $138,773 | $0 | $25,813 |
| Julian Spector | Senior Reporter Highest-paid employee | 40 | $119,374 | $0 | $15,444 |
| Stephanie Primavera | Director of Creative and Brand Partnerships Highest-paid employee | 40 | $112,773 | $0 | $16,527 |
| Katherine Gottsch | Senior Director, Content & Partnership Highest-paid employee | 40 | $119,970 | $0 | $7,330 |
| Adam Browning | Board Member Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARTHA PICKETT | BOARD MEMBER Officer | 1 | $0 | $427,426 | $41,501 |
| HEATHER MCCREERY | CFO (THROUGH 7/2024) Officer | 1 | $0 | $375,677 | $49,278 |
| LENA HANSEN | SECRETARY, BOARD MEMBER (THROUGH 7/2024) Officer | 1 | $0 | $374,601 | $32,691 |
| Eric WESOFF | CEO Officer | 40 | $170,334 | $0 | $8,394 |
| Nicholas RINALDI | General Manager Key employee | 40 | $155,064 | $0 | $20,517 |
| Jeff ST JOHN | Director, News & Special Projects Highest-paid employee | 40 | $140,186 | $0 | $32,382 |
| Lisa HYMAS | Executive Editor Highest-paid employee | 40 | $150,231 | $0 | $18,627 |
| Michael MUNSELL | Director, Growth Highest-paid employee | 40 | $120,604 | $0 | $35,892 |
| Katherine GOTTSCH | Senior Director, Content & Partnership Highest-paid employee | 40 | $136,667 | $0 | $14,001 |
| Julian SPECTOR | Senior Reporter Highest-paid employee | 40 | $119,602 | $0 | $12,293 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jules Kortenhorst | RMI CEO (END 11/2022) Trustee or director, Officer | 1 | $0 | $734,956 | $41,331 |
| Martha Pickett | Board Member Trustee or director | 1 | $0 | $396,503 | $99,655 |
| Heather McCreery | TREASURER Officer | 1 | $0 | $354,540 | $105,180 |
| Lena Hansen | Secretary, Board Member Trustee or director, Officer | 1 | $0 | $341,584 | $88,101 |
| Eric Wesoff | CEO Trustee or director, Officer | 40 | $163,647 | $0 | $7,420 |
| Nicholas Rinaldi | General Manager Key employee | 40 | $150,321 | $0 | $19,513 |
| Jeff St John | News & Special Projects Direct Highest-paid employee | 40 | $135,215 | $0 | $29,277 |
| Michael Munsell | Director of Growth Highest-paid employee | 40 | $126,303 | $0 | $37,071 |
| Lisa Hymas | Executive Editor Highest-paid employee | 40 | $145,810 | $0 | $15,422 |
| Katherine Gottsch | Senior Director of Content Highest-paid employee | 40 | $131,187 | $0 | $14,100 |
| Julian Spector | Senior Reporter Highest-paid employee | 40 | $116,533 | $0 | $16,216 |
Address and contacts
- Address (IRS master file)
- 67 BROADWAY ST SUITE 200, ASHEVILLE, NC 28801-2919
- In care of
- % ERIC WESOFF
- Principal officer (990 for 2024)
- Eric Wesoff, 67 Broadway St Suite 200, Asheville, NC 28801
- Signed the 990
- Eric Wesoff, EXECUTIVE DIRECTOR
- Phone
- (828) 419-4856
- Website
- WWW.CANARYMEDIA.COM
- Return prepared by
- Forvis Mazars LLP
Mission
Canary Media is an independent, nonprofit newsroom covering the transition to clean energy.
Program accomplishments
- Canary Media is an independent, nonprofit newsroom covering the transition to clean energy and solutions to the climate crisis. We report on how the world is decarbonizing - in electricity, transportation, buildings, and industry - with a critical focus on finding out what works and what doesn't. Through uncompromising reporting, our journalists dig into the ways policymakers, businesses, investors, and communities are moving toward a clean and equitable energy future.Expenses $2,406,700 · revenue $116,397
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
- 86-2478288
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C01)
- Assets (IRS master file)
- $2,175,075
- Income (IRS master file)
- $3,704,087
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,704,087 | $3,066,371 | $2,175,075 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $6,642,620 | $2,621,829 | $1,417,188 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $1,234,416 | $2,825,261 | $704,804 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $1,481,832 | $2,679,423 | $509,127 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | 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 86-2478288).
Questions about CANARY MEDIA INC
- What is the EIN of CANARY MEDIA INC?
- The employer identification number (EIN) of CANARY MEDIA INC is 86-2478288.
- Is CANARY MEDIA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to CANARY MEDIA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CANARY MEDIA 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 CANARY MEDIA 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 CANARY MEDIA 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 CANARY MEDIA INC?
- The 990 for the year ended June 30, 2025 names Eric Wesoff.
- Who are the officers and directors of CANARY MEDIA INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 7 received compensation from the organization.
- How much revenue does CANARY MEDIA INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,704,087, expenses of $3,066,371 and total assets of $2,175,075 at year end.
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