NonprofitsLexington Observer Inc

Arts, Culture & Humanities

Lexington Observer Inc

LEXINGTON, MA

Total revenue

$4.0M

Total expenses

$5.0M

Net assets

$164K

Grants received

$4.0M

18 grants

EIN

874640985

Tax year

2024

Mission

The lexington observer is a hyperlocal, digital-first, nonprofit news site covering issues that matter most to people in lexington, including local government, education, economy, environment and culture. The mission of the organization is to increase understanding and participation in lexington massachusetts through local, community journalism.

Programs

1 program

Local news hub: the local news hub's (lnh) mission is to support the essential work of local and independent news organizations across the country by providing consultations and advice, distributing grants, and acting as a fiscal sponsor. Through fiscal sponsorship and re-granting efforts, lnh has distributed funds to nonprofit newsrooms in arizona, colorado, massachusetts, michigan, nevada, new mexico, oregon, ohio, texas, wisconsin through an invitation-only grant-making process.

Expenses: $4.6MGrants: $762K

Financials

FY 2024

Revenue

Contributions & grants$4.0M
Program service revenue
Investment income$13K
Other revenue
Total revenue$4.0M

Expenses

Grants paid$812K
Salaries & benefits$395K
Fundraising
Other expenses$3.8M
Total expenses$5.0M
Total assets$176K
Net assets$164K

People

5 listed

NameRoleCompensation

NICHOLAS MELE

CHAIR

Board

$224K

5 hrs/wk

CAMERON HICKEY

SECRETARY

Board

2.5 hrs/wk

NAGARJUNA VENNA

TREASURER

Board

0.5 hrs/wk

CRAIG SANDLER

DIRECTOR

Board

0.5 hrs/wk

ELIZABETH HANSEN

DIRECTOR

Board

0.5 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$2M
GENERAL SUPPORT
2024
$300K
FOOD SYSTEMS
2024
$250K
PROJECT SUPPORT FOR LGBTQ ISSUES
2024
$141K
GENERAL SUPPORT CONSISTENT WITH 501(C)(3) RESTRICTIONS
2024
$100K
General operating support
2024
$20K
INN SUPPORT - LABS
2024
$18K
PROGRAM SUPPORT
2024
$600K
TO SUPPORT A "LOCAL NEWS HUB" PROJECT AIMED AT INCREASING THE CAPACITY OF LOCAL NEWSROOMS TO REPORT ON WOMENS POLITICAL LEADERSHIP.
2023
$200K
EXPANDING ECONOMIC OPPORTUNITY
2023
$192K
ARTS, CULTURE & HUMANITIES
2023
$99K
For grant recipient's exempt purposes
2023
$17K
PROGRAM SUPPORT
2023
$5K
GENERAL PURPOSE
2023
$7K
GENERAL SUPPORT
2022
$6K
GNI SUSTAINABILITY AUDIT
2022
$5K
GENERAL, EDUCATIONAL AND CHARITABLE PURPOSES
2022

Funded by

$4.0M from 15 funders · 18 grants · 2022–2024

Bright Future Fund

$2M · 1 grant · 2024

Pivotal Philanthropies Foundation

$600K · 1 grant · 2023

Santa Barbara Foundation

$300K · 1 grant · 2024

Gill Foundation

$250K · 1 grant · 2024

Wellspring Philanthropic Fund Inc

$200K · 1 grant · 2023

Donor Advised Charitable Giving Inc

$192K · 1 grant · 2023

State Leadership Project

$141K · 1 grant · 2024

Details

EIN874640985
NTEE codeA33
Subsection03
Ruling date2022-06
Formed2022
Employees3
Volunteers5
LEXINGTON OBSERVER INC — Mission, Financials & Grants Received | Grantivo