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American Press Institute
American Press Institute reported $10.2 million in revenue and $5.1 million in expenses for calendar year 2024. Of every $100 it spent, $53.06 went to program services, $46.94 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 79.4% of the total. The highest compensation it reported for one person was $988,495 (PRESIDENT & CEO). 9 people received more than $100,000 in reportable compensation. Revenue rose 241% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $5.1MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 53.1% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 46.9% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 13.2% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 7.4% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $988,495 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 19.22% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 9 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 114.0 | 36.6 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseMetrics for news (aka content strategy): api's proprietary program that helps publishers build an empirical, data-informed news strategy through custom-built content analysis software, new journalism metrics and innovative audience surveys
Table stakes: table stakes is a years-long innovative learning program facilitated by api that helps news organizations transform their journalism and business through intensive change-management training for news leaders
Trusting news project: the trusting news project aims to demystify trust in news and empower journalists to demonstrate credibility and actively earn trust. In a continual cycle of research, learning and sharing with the industry, they explore how to incorporate trust-building into journalism's standards and practices
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 15.00 hrs/week | $0 | $959,538 | $28,957 | $988,495 |
| CFO Officer, 15.00 hrs/week | $0 | $509,037 | $28,340 | $537,377 |
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $481,360 | $0 | $40,830 | $522,190 |
| VP, JOURNALISM PROGRAMS Highest compensated employee, 40.00 hrs/week | $195,506 | $0 | $31,334 | $226,840 |
| DIRECTOR OF READER Highest compensated employee, 40.00 hrs/week | $180,496 | $0 | $29,564 | $210,060 |
| VP, PRODUCT STRATEGY Highest compensated employee, 40.00 hrs/week | $186,506 | $0 | $21,226 | $207,732 |
| SENIOR DIRECTOR Highest compensated employee, 40.00 hrs/week | $146,483 | $0 | $19,943 | $166,426 |
| DIR OF INCLUSION & AUD. GROWTH Highest compensated employee, 40.00 hrs/week | $132,927 | $0 | $15,630 | $148,557 |
9 people received more than $100,000 in reportable compensation from American Press Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $522K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 614
Private foundation grants it received
1 private foundation reported grants to American Press Institute totaling $100K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from American Press Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for American Press Institute, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 American Press Institute spent in 2024, $53.06 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Rhode Island Philharmonic Orchestra & Music SchoolEast Providence, RI · revenue $10M · programs 75.7% · FY2025
- Music Institute of ChicagoEvanston, IL · revenue $10M · programs 78.1% · FY2025
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- Latino Theater CompanyLos Angeles, CA · revenue $10M · programs 83.7% · 2024
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All arts, culture & humanities charities · Largest charities in Virginia
Questions people ask
How much of American Press Institute's spending goes to programs?
In calendar year 2024, American Press Institute reported that 53.1% of its $5.1 million in expenses went to program services, 46.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does American Press Institute pay its top executive?
The largest total compensation American Press Institute reported for one person in calendar year 2024 was $988,495, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does American Press Institute get its money?
Of $10.2 million in revenue in calendar year 2024, 13.2% came from contributions and grants and 7.4% from program service revenue (Form 990, Part VIII).
Is American Press Institute a registered charity?
The IRS lists EIN 13-2690182 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503189349303855 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403109349301410 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313179349301506 · read the filing
- 2021: Form 990 for calendar year 2021, object 202212729349300106 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143009349302114 · read the filing
- 2019: Form 990 for calendar year 2019, object 202032979349301028 · read the filing
All filings for EIN 13-2690182: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.