Nonprofits›Capital B News Inc

Arts, Culture & Humanities

Capital B News Inc

NEW YORK, NY

Website

Total revenue

$5.9M

Total expenses

$5.9M

Net assets

$7.9M

Grants received

$14.6M

89 grants

EIN

853905902

Tax year

2024

Mission

Capital b is a local and national nonprofit news organization.

Programs

2 programs

Capital b strengthened its editorial operations executive editor and a deputy national editor, and produced impactful journalism with a nationwide live events tour designed to surface and facilitate discussion around local and national political issues.

Expenses: $972K

Capital b expanded its audience reach by organizing team summits to align strategy and collaboration, increasing its social media engagement, and hiring a dedicated team leader to direct audience growth and innovation.

Expenses: $1.0M

Financials

FY 2024

Revenue

Contributions & grants$5.8M
Program service revenue$32K
Investment income—
Other revenue$398
Total revenue$5.9M

Expenses

Grants paid—
Salaries & benefits$3.9M
Fundraising$561K
Other expenses$1.9M
Total expenses$5.9M
Total assets$8.2M
Net assets$7.9M

People

12 listed

NameRoleCompensation

LAUREN WILLIAMS

PRESIDENT & CEO

Board

$284K

60 hrs/wk

AKOTO OFORI-ATTA

TREASURER/SECRETARY/CAO

Board

$228K

60 hrs/wk

GILLIAN WHITE

CHIEF REVENUE OFFICER OF R

Board

$221K

40 hrs/wk

MAURISSE JOHNSON

FINANCE CHAIR

Board

—

1 hrs/wk

MATT THOMPSON

DIRECTOR

Board

—

1 hrs/wk

MARSHA COOKE

DIRECTOR

Board

—

1 hrs/wk

SARABETH BERMAN

DIRECTOR

Board

—

1 hrs/wk

DALILA PAUL

NATIONAL EDITOR

Staff

$149K

40 hrs/wk

KELLY VIRELLA

EXECUTIVE EDITOR

Staff

$133K

40 hrs/wk

ADESHINA EMMANUEL

MANAGING EDITOR OF LOCAL

Staff

$120K

40 hrs/wk

CHRISTINA CARREGA

NATIONAL CRIMINAL JUSTICE

Staff

$113K

40 hrs/wk

KEITH REED

ATLANTA EDITOR

Staff

$111K

40 hrs/wk

Independent contractors

YOUR PART-TIME CONTROLLER LLC

OUTSOURCED ACCOUNTING

$252K

SUNSHINE SACHS MORGAN & LYLIS

CONSULTING

$173K

Grants received

Showing 89 of 89

FromAmountPurposeYear
THE SCHMIDT FAMILY FOUNDATION
$400K
STRENGTHENING CIVIC ENGAGEMENT, GENERAL OPERATING SUPPORT
2024
JOHN D AND CATHERINE T MACARTHUR
$400K
IN SUPPORT OF GENERAL OPERATIONS
2024
Silicon Valley Community Foundation
$209K
Arts & Culture
2024
THE WILLIAM & FLORA HEWLETT FOUNDATION
$200K
FOR GENERAL OPERATING SUPPORT
2024
THE JUST TRUST FOR EDUCATION
$200K
PROJECT SUPPORT
2024
AMERICAN JOURNALISM PROJECT INC
$113K
TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
2024
WINDWARD FUND
$100K
ENVIRONMENTAL PROGRAMS
2024
THE HORACE W GOLDSMITH FOUNDATION
$100K
GENERAL OPERATIONS
2024
The Henry Luce Foundation Inc
$100K
General Operating Support
2024
THE KRESGE FOUNDATION
$90K
PROJECT SUPPORT TO ENHANCE MEDIA COVERAGE OF HIGHER EDUCATION
2024
THE MIAMI FOUNDATION INC
$39K
PROGRAM SUPPORT
2024
INSTITUTE FOR NONPROFIT NEWS
$31K
INN SUPPORT - LABS & ELECTION GUIDE
2024
THE TOW FOUNDATION INC
$25K
GENERAL OPERATING SUPPORT
2024
A&J KAY FAMILY FOUNDATION
$25K
CHARITABLE PURPOSES OF THE ORGANIZATION
2024
Annie E Casey Foundation Inc
$25K
Support for journalism to raise awareness about issues facing youth and young adults, with a focus in Atlanta
2024
ARCUS FOUNDATION
$120
GENERAL OPERATING SUPPORT
2024
Annie E Casey Foundation Inc
$100
CHARITABLE CONTRIBUTION THROUGH THE MATCHING GIFTS PROGRAM
2024
AMERICAN JOURNALISM PROJECT INC
$500K
TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$451K
For grant recipient's exempt purposes
2023
SKYLINE FOUNDATION
$300K
GENERAL SUPPORT
2023
THE SCHMIDT FAMILY FOUNDATION
$300K
ADVANCING DIVERSITY AND EQUITY IN THE ENVIRONMENTAL MOVEMENT
2023
THE FORD FOUNDATION
$250K
GENERAL SUPPORT
2023
Silicon Valley Community Foundation
$230K
Arts & Culture
2023
THE ROBERT WOOD JOHNSON FOUNDATION
$200K
81339 SUPPORTING CAPITAL B NEWS IN PRODUCING SERVICE JOURNALISM TO FILL THE INFORMATION NEEDS OF BLACK CITIZENS IN AREAS UNDERSERVED BY LOCAL NEWS
2023
JOHN D AND CATHERINE T MACARTHUR
$200K
in support of general operations
2023
Public Welfare Foundation Inc
$200K
Support for Atlanta criminal justice reporting and community engagement
2023
FREEDOM TOGETHER FOUNDATION
$200K
GENERAL OPERATING SUPPORT
2023
NEW VENTURE FUND
$200K
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
2023
THE WILLIAM & FLORA HEWLETT FOUNDATION
$200K
FOR GENERAL OPERATING SUPPORT
2023
Humanity United
$200K
General Operating Support
2023
JOHN S AND JAMES L KNIGHT FOUNDATION
$150K
TO SUPPORT THE CREATION OF A BLACK-LED NEWS OUTLET THAT WILL PRODUCE AND DISTRIBUTE PUBLIC-SERVICE JOURNALISM FOR BLACK AUDIENCES IN LOCAL COMMUNITIES.
2023
The Henry Luce Foundation Inc
$150K
Capital B: Reimagining News for Black Americans
2023
The Joyce Foundation
$150K
Journalism
2023
JOHN S AND JAMES L KNIGHT FOUNDATION
$150K
TO SUPPORT THE CREATION OF A BLACK-LED NEWS OUTLET THAT WILL PRODUCE AND DISTRIBUTE PUBLIC-SERVICE JOURNALISM FOR BLACK AUDIENCES IN LOCAL COMMUNITIES.
2023
THE HEISING-SIMONS FOUNDATION
$100K
FOR GENERAL SUPPORT
2023
GOOD WORDS FOUNDATION
$100K
GENERAL PURPOSE
2023
PARK FOUNDATION INC
$100K
DEMOCRACY - GENERAL OPERATING SUPPORT
2023
THE HORACE W GOLDSMITH FOUNDATION
$100K
GENERAL OPERATIONS
2023
GEORGIA HEALTH INITIATIVE INC
$100K
TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION
2023
Walton Family Foundation Inc
$85K
To support in-person community engagement efforts in expansion to Gary, IN.
2023
Bold Impact
$50K
News centered on Black voices
2023
Annie E Casey Foundation Inc
$50K
SUPPORT FOR JOURNALISM TO RAISE AWARENESS ABOUT YOUTH AND YOUNG ADULTS OF COLOR, WITH A FOCUS IN ATLANTA
2023
THE MIAMI FOUNDATION INC
$28K
PROGRAM SUPPORT
2023
THE COMMUNITY FOUNDATION FOR GREATER
$25K
ARTS/CULTURE/HUMANITIES
2023
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
THE ROBERT WOOD JOHNSON FOUNDATION
$20K
78934 SUPPORTING CAPITAL B IN PRODUCING SERVICE JOURNALISM TO FILL THE INFORMATION NEEDS OF BLACK CITIZENS IN AREAS WHERE THEY ARE UNDERSERVED BY LOCAL NEWS
2023
NATIONAL PHILANTHROPIC TRUST
$15K
EDUCATION
2023
DONOR ADVISED CHARITABLE GIVING INC
$11K
ARTS, CULTURE & HUMANITIES
2023
HARNISCH FAMILY FOUNDATION
$10K
CHARITABLE
2023
THE ROBERT WOOD JOHNSON FOUNDATION
$5K
MATCHING GIFT
2023
Annie E Casey Foundation Inc
$100
CHARITABLE CONTRIBUTION THROUGH THE MATCHING GIFTS PROGRAM
2023
THE FORD FOUNDATION
$2M
GENERAL SUPPORT
2022
WINDWARD FUND
$750K
ENVIRONMENTAL PROGRAMS
2022
Lumina Foundation for Education Inc
$500K
To support Capital B News' coverage of Gary, Ind.
2022
Silicon Valley Community Foundation
$450K
Arts & Culture
2022
SKYLINE FOUNDATION
$300K
GENERAL OPERATING SUPPORT
2022
AMERICAN JOURNALISM PROJECT INC
$200K
TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
2022
NEW VENTURE FUND
$200K
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
2022
JOHN D AND CATHERINE T MACARTHUR
$200K
In support of general operations
2022
THE ROBERT WOOD JOHNSON FOUNDATION
$180K
78934 SUPPORTING CAPITAL B IN PRODUCING SERVICE JOURNALISM TO FILL THE INFORMATION NEEDS OF BLACK CITIZENS IN AREAS WHERE THEY ARE UNDERSERVED BY LOCAL NEWS
2022
The Joyce Foundation
$150K
Journalism
2022
The Kendeda Fund
$125K
General & Unrestricted
2022
THE HORACE W GOLDSMITH FOUNDATION
$100K
GENERAL OPERATIONS
2022
Amalgamated Charitable Foundation Inc
$100K
GENERAL OPERATING SUPPORT
2022
TULSA COMMUNITY FOUNDATION
$100K
GENERAL OPERATIONS
2022
GOOD WORDS FOUNDATION
$100K
GENERAL PURPOSE
2022
JOHN S AND JAMES L KNIGHT FOUNDATION
$100K
TO SUPPORT THE CREATION OF A BLACK-LED NEWS OUTLET THAT WILL PRODUCE AND DISTRIBUTE PUBLIC-SERVICE JOURNALISM FOR BLACK AUDIENCES IN LOCAL COMMUNITIES.
2022
THE SCHMIDT FAMILY FOUNDATION
$100K
CAPACITY BUILDING FOR PARTNERS
2022
PARK FOUNDATION INC
$100K
GENERAL OPERATING SUPPORT
2022
ABRAMS FOUNDATION INC
$100K
GENERAL PURPOSE
2022
THE HEISING-SIMONS FOUNDATION
$100K
FOR GENERAL SUPPORT
2022
THE WILLIAM & FLORA HEWLETT FOUNDATION
$70K
FOR DEVELOPMENT OF ADVERTISING, SPONSORSHIP, AND MEMBERSHIP STRATEGIES
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$50K
For grant recipient's exempt purposes
2022
MARGUERITE CASEY FOUNDATION
$50K
GENERAL OPERATING SUPPORT
2022
NATIONAL PHILANTHROPIC TRUST
$25K
CULTURE & ARTS
2022
Annie E Casey Foundation Inc
$25K
SUPPORT FOR JOURNALISM TO RAISE AWARENESS ABOUT YOUTH AND YOUNG ADULTS OF COLOR, WITH A FOCUS IN ATLANTA
2022
SOLUTIONS JOURNALISM NETWORK INC
$20K
SUPPORT TRAINING
2022
Episcopal Health Foundation
$10K
Program Support
2022
DONOR ADVISED CHARITABLE GIVING INC
$9K
ARTS, CULTURE & HUMANITIES
2022
MARGUERITE CASEY FOUNDATION
$480
GENERAL OPERATING SUPPORT
2022
Annie E Casey Foundation Inc
$100
CHARITABLE CONTRIBUTION THROUGH THE MATCHING GIFTS PROGRAM
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$331K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$331K
For grant recipient's exempt purposes
2021
Public Welfare Foundation Inc
$204K
General Support
2021
AMERICAN JOURNALISM PROJECT INC
$200K
TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
2021
AMERICAN JOURNALISM PROJECT INC
$200K
TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
2021
Amalgamated Charitable Foundation Inc
$100K
General operating support
2021
NATIONAL PHILANTHROPIC TRUST
$30K
CULTURE & ARTS
2021
Public Welfare Foundation Inc
$114K
Support for high-quality, relevant, criminal justice reporting to Black Atlantans
2020

Funded by

$14.6M from 45 funders · 89 grants · 2020–2024

The Ford Foundation

$2.3M · 2 grants · 2022–2023

American Journalism Project Inc

$1.2M · 5 grants · 2021–2024

Fidelity Investments Charitable Gift Fund

$1.2M · 4 grants · 2021–2023

Silicon Valley Community Foundation

$889K · 3 grants · 2022–2024

Windward Fund

$850K · 2 grants · 2022–2024

John D And Catherine T Macarthur

$800K · 3 grants · 2022–2024

The Schmidt Family Foundation

$800K · 3 grants · 2022–2024

Skyline Foundation

$600K · 2 grants · 2022–2023

Details

EIN853905902
NTEE codeA33
Subsection03
Ruling date2021-07
Formed2021
Employees39
Volunteers4
CAPITAL B NEWS INC — Mission, Financials & Grants Received | Grantivo