AMERICAN JOURNALISM PROJECT INC

WASHINGTON, DC, 20011-5125 (877) 829-5500 Est. 2018 EIN 83-1772542
A30 - Media & Communications 990 - Public charity return 501(c)(3)
www.theajp.org

Mission

THE AMERICAN JOURNALISM PROJECT, INC. IS A FIRST-OF-ITS-KIND VENTURE PHILANTHROPY DEDICATED TO BUILDING AND SUPPORTING LOCAL NEWS ACROSS THE COUNTRY. AMERICAN JOURNALISM PROJECT MAKES GRANTS TO NONPROFIT NEWS ORGANIZATIONS, PARTNERS WITH COMMUNITIES TO LAUNCH NEW ORGANIZATIONS, AND COACHES LEADERS AS THEY GROW AND SUSTAIN THEIR NEWSROOMS. AMERICAN JOURNALISM PROJECT PAIR FINANCIAL INVESTMENT WITH CAPACITY-BUILDING VENTURE SUPPORT, MAKING TRANSFORMATIVE INVESTMENTS IN THE BUSINESS AND OPERATIONAL CAPACITY OF LOCAL NEWS ORGANIZATIONS TO GROW AND SCALE SUSTAINABLY.

Giving Portfolio

Total Grants
205
Total Giving
$67.4M
Recipients
174
Years Active
2020 - 2024
Avg grant: $336,372 Median: $215,400

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202452$18.5M $357K943
202342$13.3M $316K1230
202234$14.1M $415K826
202162$16.6M $268K1813
202015$4.9M $326K150

Sectors Funded

Arts, Culture & Humanities
118
Education
38
Public & Societal Benefit
13
Community Improvement
9
Philanthropy & Grantmaking
8
Civil Rights & Advocacy
5
Employment
4
Human Services
3
and 2 more sectors

Top States

New York
27
California
23
Texas
13
Illinois
10
Massachusetts
9
North Carolina
8
Pennsylvania
7
Minnesota
7
and 23 more states

Grantee Size Profile

$1M - $5M
102
$5M - $10M
47
$10M - $50M
35
$500K - $1M
8
Under $100K
6
$100K - $500K
2
Over $50M
1

Top Grantees

Page 1 of 3
$5.6M
$2.8M
MO - 5 grants
$2.4M
NY - 5 grants
$2.3M
WI - 5 grants
$2.1M
$2.1M
MS - 6 grants
$2.1M
$1.9M

Grants Awarded · 205 grants

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Financials

Total Revenue
$38,097,727
Total Expenses
$30,264,843
Net Assets
$64,707,804
90 employees 12 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
2.1 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 56.0%
Expenses ↑ 48.7%
Revenue Sources
Contributions 95.7% Earned revenue 0.3% Investment 4.0%
Expense Breakdown
Program 91.1% Management 5.5% Fundraising 3.4%

Officers & Trustees (20)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$38,097,727 ↑$30,264,843$64,707,804
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$24,428,280 ↓$20,350,451$56,860,671
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$42,411,860 ↑$20,645,281$52,577,354
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$25,103,494 $12,811,430$30,728,893
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$25,103,494 ↑$12,811,430$30,728,893
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$11,356,257 $8,044,834$18,477,806

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EIN: 83-1772542 · Source: IRS Form 990 e-file data