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The Intercept Media
Also known as The Intercept
The Intercept Media reported $5.6 million in revenue and $9.5 million in expenses for calendar year 2024. Of every $100 it spent, $69.75 went to program services, $15.13 to management and general costs and $15.12 to fundraising. Its largest source of revenue was contributions and grants: 95.7% of the total. The highest compensation it reported for one person was $333,271 (CHIEF EXECUTIVE OFFICER). 26 people received more than $100,000 in reportable compensation. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9.5MFor 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 $5.6MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 69.7% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.1% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 15.1% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.27 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 95.7% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.3% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $333,271 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.50% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 26 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.9 | 36.6 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 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 expenseInvestigative journalismthe Intercept Media, inc. Is the publisher of the intercept, a news organization that educates the public through its investigative journalism with a focus on environment, criminal justice, national security, technology and immigration
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 |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $311,880 | $0 | $21,391 | $333,271 |
| SECRETARY - GENERAL COUNSEL Officer, 40.00 hrs/week | $231,689 | $0 | $44,107 | $275,796 |
| EDITOR-IN-CHIEF Highest compensated employee, 40.00 hrs/week | $262,044 | $0 | $5,389 | $267,433 |
| SR. NATIONAL SECURITY CORRESPONDENT Highest compensated employee, 40.00 hrs/week | $189,818 | $0 | $36,044 | $225,862 |
| CHIEF STRATEGY OFFICER Key employee, 40.00 hrs/week | $197,569 | $0 | $6,862 | $204,431 |
| CHIEF DIGITAL OFFICER Key employee, 40.00 hrs/week | $185,925 | $0 | $18,049 | $203,974 |
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $189,068 | $0 | $10,521 | $199,589 |
| SENIOR REPORTER Highest compensated employee, 40.00 hrs/week | $155,033 | $0 | $23,335 | $178,368 |
26 people received more than $100,000 in reportable compensation from The Intercept Media (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
2 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–1b5 · 5 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 11aYes
- 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 14bYes
- Employees Part I, line 556
- Volunteers Part I, line 65
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| RAVIX GROUP INC Accounting/finance | $159,187 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from The Intercept Media's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Intercept Media, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Intercept Media spent in 2024, $69.75 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Wende Museum of the Cold WarCulver City, CA · revenue $5.6M · programs 66.9% · FY2025
- Latino Community Foundation of ColoradoDenver, CO · revenue $5.6M · programs 76.1% · 2025
- John Michael Kohler Arts CenterSheboygan, WI · revenue $5.0M · programs 92.3% · 2024
- Home Port Alliance for the Uss New JerseyCamden, NJ · revenue $6.4M · programs 86.1% · 2025
- The International Coalition of Sites of ConscienceNew York, NY · revenue $5.0M · programs 83.4% · FY2025
All arts, culture & humanities charities · Largest charities in New York
Questions people ask
How much of The Intercept Media's spending goes to programs?
In calendar year 2024, The Intercept Media reported that 69.7% of its $9.5 million in expenses went to program services, 15.1% to management and general and 15.1% to fundraising (Form 990, Part IX).
How much does The Intercept Media pay its top executive?
The largest total compensation The Intercept Media reported for one person in calendar year 2024 was $333,271, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Intercept Media get its money?
Of $5.6 million in revenue in calendar year 2024, 95.7% came from contributions and grants and 1.3% from program service revenue (Form 990, Part VIII).
Is The Intercept Media a registered charity?
The IRS lists EIN 92-1198452 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 202512659349301021 · read the filing
- 2023: Form 990 for calendar year 2023, object 202413139349303936 · read the filing
All filings for EIN 92-1198452: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.