NonprofitsMagnolia Tribune Institute

Arts, Culture & Humanities

Magnolia Tribune Institute

FLORA, MS

Total revenue

$952K

Total expenses

$747K

Net assets

$538K

Grants received

$652K

10 grants

EIN

920605404

Tax year

2023

Mission

The institute is a non-profit newsroom dedicated to the mission of educating the public on issues that matter the most to their lives, conducting in-depth investigative reporting, and training the next generation of journalists. As part of this mission, magnolia tribune institue will make any content produced by it free to the general public and will allow any other news outlet to reproduce the content with attribution at no cost.

Financials

FY 2023

Revenue

Contributions & grants$949K
Program service revenue
Investment income$3K
Other revenue
Total revenue$952K

Expenses

Grants paid
Salaries & benefits$392K
Fundraising$107K
Other expenses$355K
Total expenses$747K
Total assets$538K
Net assets$538K

People

3 listed

NameRoleCompensation

RUSSELL LATINO

CEO/SECRETARY

Board

$148K

40 hrs/wk

SPENCER RITCHIE

CHAIRMAN

Board

1 hrs/wk

LUCIEN SMITH

TREASURER

Board

1 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$25K
GENERAL OPERATIONS
2024
$2K
HOUSING OR COMMUNITY
2024
$100K
GENERAL OPERATIONS
2023
$90K
PROJECT SUPPORT FOR JOURNALISM
2023
$25K
GENERAL OPERATIONS
2023
$10K
TO FURTHER THE MISSION OF THE MFB FEDERATION
2023
$8K
For grant recipient's exempt purposes
2023
$320K
CASH GRANT FOR GENERAL OPERATING SUPPORT AND TRANSFER OF INTANGIBLE ASSETS TO HELP ESTABLISH NEW NON PROFIT
2022
$63K
GENERAL OPERATIONS
2022
$10K
For grant recipient's exempt purposes
2022

Funded by

$652K from 7 funders · 10 grants · 2022–2024

Community Foundation For Mississippi

$320K · 1 grant · 2022

Institute For Technology

$163K · 2 grants · 2022–2023

The Just Trust For Education

$90K · 1 grant · 2023

Tulsa Community Foundation

$50K · 2 grants · 2023–2024

Fidelity Investments Charitable Gift Fund

$18K · 2 grants · 2022–2023

Mississippi Farm Bureau Federation

$10K · 1 grant · 2023

Van Devender Family Foundation

$2K · 1 grant · 2024

Details

EIN920605404
NTEE codeA30
Subsection03
Ruling date2022-11
Formed2022
Employees5
Volunteers0
MAGNOLIA TRIBUNE INSTITUTE — Mission, Financials & Grants Received | Grantivo