The Venetoulis Institute For Local Journalism
EIN: 861715499 · Baltimore, MD · NTEE: A33
| Metric | Value |
|---|---|
| Total Revenue | $27.8M |
| Total Expenses | $29.7M |
| Net Assets | $19.8M |
Is The Venetoulis Institute For Local Journalism Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Venetoulis Institute For Local Journalism
The Venetoulis Institute For Local Journalism (EIN: 861715499) is a nonprofit organization based in Baltimore, MD, classified under NTEE code A33. The organization reported total revenue of $27.8M and total assets of $24.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Venetoulis Institute For Local Journalism's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Venetoulis Institute For Local Journalism is a large nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.8M |
| Total Expenses | $29.7M |
| Surplus / Deficit | +$171K |
| Total Assets | $25.5M |
| Total Liabilities | $5.8M |
| Net Assets | $19.8M |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 22.6% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, The Venetoulis Institute For Local Journalism reported a surplus of $171K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 22.6% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), The Venetoulis Institute For Local Journalism's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +71.1% | +71.4% | +6.6% |
| 2022 | -28.0% | +288.3% | +16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Venetoulis Institute For Local Journalism has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Venetoulis Institute For Local Journalism with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $171K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.6%.
Frequently Asked Questions about The Venetoulis Institute For Local Journalism
Is The Venetoulis Institute For Local Journalism a legitimate charity?
The Venetoulis Institute For Local Journalism (EIN: 861715499) is a registered tax-exempt nonprofit based in Maryland. It has 3 years of IRS 990 filings on record. Total revenue: $27.8M. No red flags identified. Financial health grade: A.
How does The Venetoulis Institute For Local Journalism spend its money?
The Venetoulis Institute For Local Journalism reported $27.8M in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Venetoulis Institute For Local Journalism tax-deductible?
The Venetoulis Institute For Local Journalism is registered as a tax-exempt nonprofit (EIN: 861715499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Venetoulis Institute For Local Journalism located?
The Venetoulis Institute For Local Journalism is headquartered in Baltimore, Maryland and files with the IRS under EIN 861715499. It is classified under NTEE code A33.
How many years of IRS 990 filings does The Venetoulis Institute For Local Journalism have?
The Venetoulis Institute For Local Journalism has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $27.8M in total revenue.
Filing History
IRS 990 filing history for The Venetoulis Institute For Local Journalism showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), The Venetoulis Institute For Local Journalism's revenue has grown by 23.3%, moving from $24.2M to $29.8M. Total assets increased by 24.2% over the same period, from $20.6M to $25.5M. Total functional expenses rose by 565.4%, from $4.5M to $29.7M. In its most recent filing year (2023), The Venetoulis Institute For Local Journalism reported a surplus of $171K, with revenue exceeding expenses. The organization holds $5.8M in liabilities against $25.5M in assets (debt-to-asset ratio: 22.6%), resulting in net assets of $19.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29.8M | $29.7M | $25.5M | $5.8M | — | View 990 |
| 2022 | $17.4M | $17.3M | $24.0M | $4.5M | — | View 990 |
| 2021 | $24.2M | $4.5M | $20.6M | $836K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29.8M, expenses of $29.7M, and assets of $25.5M (revenue +71.1% year-over-year).
- 2022: Revenue of $17.4M, expenses of $17.3M, and assets of $24.0M (revenue -28.0% year-over-year).
- 2021: Revenue of $24.2M, expenses of $4.5M, and assets of $20.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Venetoulis Institute For Local Journalism:
Data Sources and Methodology
This transparency report for The Venetoulis Institute For Local Journalism is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.