Civic Intelligence

Grist Magazine Inc

EIN 06-1664153 • 501(c)3 • Seattle, WA

Profile

Grist is an independent, non profit media organization dedicated to reporting on climate change.

PO Box 12710Seattle, WA 98111

www.grist.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

38th percentile

0.09x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

32nd percentile

0.10x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

45th percentile

2.7%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$260,515

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

55th percentile

6.6%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

17%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$10,955,941

Up $677,328 (+6.6%) from 2023

Liabilities

Up

$1,016,085

Up $257,902 (+34%) from 2023

Net Assets

Up

$9,939,856

Up $419,426 (+4.4%) from 2023

Revenue

Up

$10,021,639

Up $1,426,392 (+17%) from 2023

Expenses

Up

$9,754,594

Up $824,502 (+9.2%) from 2023

Net Income

Up

$267,045

Up $601,890 (+180%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $1,633,147Liabilities 2010: $288,703Net Assets 2010: $1,344,4442010Assets 2011: $2,348,768Liabilities 2011: $320,321Net Assets 2011: $2,028,4472011Assets 2012: $2,579,548Liabilities 2012: $483,091Net Assets 2012: $2,096,4572012Assets 2013: $5,324,891Liabilities 2013: $333,045Net Assets 2013: $4,991,8462013Assets 2014: $4,654,183Liabilities 2014: $358,090Net Assets 2014: $4,296,0932014Assets 2015: $3,713,901Liabilities 2015: $278,511Net Assets 2015: $3,435,3902015Assets 2016: $3,063,829Liabilities 2016: $216,276Net Assets 2016: $2,847,5532016Assets 2017: $2,776,381Liabilities 2017: $235,229Net Assets 2017: $2,541,1522017Assets 2018: $2,338,435Liabilities 2018: $305,449Net Assets 2018: $2,032,9862018Assets 2019: $9,659,085Liabilities 2019: $504,207Net Assets 2019: $9,154,8782019Assets 2020: $7,708,689Liabilities 2020: $1,342,289Net Assets 2020: $6,366,4002020Assets 2021: $8,834,891Liabilities 2021: $1,673,188Net Assets 2021: $7,161,7032021Assets 2022: $10,095,645Liabilities 2022: $662,529Net Assets 2022: $9,433,1162022Assets 2023: $10,278,613Liabilities 2023: $758,183Net Assets 2023: $9,520,4302023Assets 2024: $10,955,941Liabilities 2024: $1,016,085Net Assets 2024: $9,939,8562024

Highlighted filing

2024

Assets$10,955,941
Liabilities$1,016,085
Net Assets$9,939,856

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,988,1812010Expenses 2011: $3,022,2902011Revenue 2012: $3,362,763Expenses 2012: $3,309,226Net Income 2012: $53,5372012Revenue 2013: $6,168,570Expenses 2013: $3,256,517Net Income 2013: $2,912,0532013Revenue 2014: $2,608,281Expenses 2014: $3,277,095Net Income 2014: -$668,8142014Revenue 2015: $2,964,720Expenses 2015: $3,787,083Net Income 2015: -$822,3632015Revenue 2016: $3,322,159Expenses 2016: $3,893,218Net Income 2016: -$571,0592016Revenue 2017: $3,211,485Expenses 2017: $3,514,305Net Income 2017: -$302,8202017Revenue 2018: $3,339,763Expenses 2018: $3,848,144Net Income 2018: -$508,3812018Revenue 2019: $11,825,370Expenses 2019: $4,706,016Net Income 2019: $7,119,3542019Revenue 2020: $3,503,892Expenses 2020: $6,293,612Net Income 2020: -$2,789,7202020Revenue 2021: $8,804,912Expenses 2021: $8,040,435Net Income 2021: $764,4772021Revenue 2022: $11,337,542Expenses 2022: $8,458,734Net Income 2022: $2,878,8082022Revenue 2023: $8,595,247Expenses 2023: $8,930,092Net Income 2023: -$334,8452023Revenue 2024: $10,021,639Expenses 2024: $9,754,594Net Income 2024: $267,0452024

Highlighted filing

2024

Revenue$10,021,639
Expenses$9,754,594
Net Income$267,045

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$1.02$9.94$10.0$9.75$0.27
2023Detailed filing. Detailed filing data is available for this year.$10.3$0.76$9.52$8.60$8.93$0.33
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$0.66$9.43$11.3$8.46$2.88
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.83$1.67$7.16$8.80$8.04$0.76
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.71$1.34$6.37$3.50$6.29$2.79
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.66$0.50$9.15$11.8$4.71$7.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$0.31$2.03$3.34$3.85$0.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.24$2.54$3.21$3.51$0.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$0.22$2.85$3.32$3.89$0.57
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$0.28$3.44$2.96$3.79$0.82
2014Detailed filing. Detailed filing data is available for this year.$4.65$0.36$4.30$2.61$3.28$0.67
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.32$0.33$4.99$6.17$3.26$2.91
2012Summary only. Only limited summary data is available for this year.$2.58$0.48$2.10$3.36$3.31$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.32$2.03$3.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.29$1.34$2.99
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2025
Return Version
2023v6.0
Gross Receipts
$10,521,639
Mission and Program Overview

Mission

See Schedule OGRIST MAGAZINE, INC. ("GRIST") (WWW.GRIST.ORG) IS AN INFLUENTIAL AND IRREVERENT GREEN MEDIA PLATFORM. OUR MISSION IS TO SET THE AGENDA BY SHOWING HOW ENVIRONMENTAL CONSIDERATIONS ARE RESHAPING OUR WORLD - FROM HOMES TO BUSINESSES TO OUR CULTURE AT LARGE. WE ARE COMMITTED TO CUTTING THROUGH THE NOISE AND EMPOWERING A NEW GENERATION TO MAKE CHANGE.

Grist is a nonprofit, independent media organization dedicated to reporting on climate change. Since 1999, we have used the power of journalism to engage the public about the perils of one of the most existential threats we face. We seek to document the often unequal impacts of climate change on communities in the United States and globally, as well as to show the promise of equitable climate solutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,272,971$4,023,004▲ $750,033
Pledges and Grants Receivable$2,536,240$2,429,389▼ $106,851
Savings and Temporary Cash Investments$19,736$2,333,333▲ $2,313,597
Cash and Non-Interest-Bearing Accounts$4,172,563$1,947,897▼ $2,224,666
Prepaid Expenses and Deferred Charges$118,153$187,733▲ $69,580
Accounts Receivable$99,116--
Land, Buildings, and Equipment, Net$59,834$34,585▼ $25,249
Total Assets$10,278,613$10,955,941▲ $677,328
Liabilities
Accounts Payable and Accrued Expenses$758,183$997,410▲ $239,227
Deferred Revenue-$18,675-
Total Liabilities$758,183$1,016,085▲ $257,902
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,072,570$7,109,721▲ $37,151
Net Assets With Donor Restrictions$2,447,860$2,830,135▲ $382,275
Total Net Assets Fund Balance$9,520,430$9,939,856▲ $419,426
Total Liabilities and Net Assets / Fund Balance$10,278,613$10,955,941▲ $677,328

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,585$255,763$290,348
Leasehold Improvements$0$15,125$15,125
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nikhil SwaminathanCEOFT$250,495$10,020$260,515
Natasha BermanCOOFT$223,603$31,070$254,673
Jess StahlExecutive Editor, Strategic InitiativesFT$185,905$8,599$194,504
Jess StahlExecutive Editor, Strategic Initiati-$185,905$8,599$194,504
Kat BagleyEditor in ChiefFT$158,915$30,636$189,551
Bekah CardwellDirector of Finance & AdministrationFT$153,709$23,465$177,174
Patrick SchmittDirector of DevelopmentFT$152,665$14,706$167,371
Megan MerriganDirector of Innovation and GrowthFT$139,572$14,182$153,754
Jess Alvarado-LepineDirector, MembershipFT$119,582$29,062$148,644
Tristan AhtoneEditor at LargeFT$127,583$13,702$141,285
Teressa ChinExecutive Editor, Data & DesignFT$129,090-$129,090

Board Members and Trustees

NameTitle
Susan KaufmanBoard Chair
Brady WalkinshawBoard Member
C'Ardiss Gardner GleserBoard Member
Dana BourlandBoard Member
Donna MoodieBoard Member
John VecheyBoard Member
Julian Brave NoisecatBoard Member
Kavita RamdasBoard Member
Kristin FrimmBoard Member
Max MoinianBoard Member
Michelle DepassBoard Member
Rachel Morello-FroschBoard Member
Susan ChiraBoard Member
Trenton AllenBoard Member
Elise HuBoard Secretary
John AldermanBoard Treasurer
Charles GillerFounder
Revenue and Support

Revenue Composition

Contributions and Grants
$9,390,396
Program Service Revenue
$0
Investment Income
$373,031
Other Revenue
$258,212
All Other Contributions
$9,390,396
Change in Net Assets
$267,045

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$500,000Fair Market Value (FMV)
Total Noncash Contributions1$500,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,644,773
Other Expenses$2,109,821
Total Fundraising Expense$1,174,375
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,039,508$498,468$719,694$5,257,670
Current Officers, Directors, Trustees, and Key Employees$876,148$104,242$160,569$1,140,959
Fees for Services Other$607,361$102,934$1,172$711,467
Other Employee Benefits$452,280$35,294$104,309$591,883
Payroll Taxes$397,731$43,797$62,399$503,927
Travel$242,025$30,843$25,089$297,957
Information Technology$207,032$3,077$4,650$214,759
Occupancy$123,682$20,614$20,614$164,910
Pension Plan Contributions$114,876$8,964$26,494$150,334
Fees for Services Accounting-$130,591-$130,591
Conferences and Meetings$95,975$1,466$2,215$99,656
All Other Expenses$49,286$5,958$8,657$63,901
Office Expenses$45,949$5,340$8,069$59,358
Advertising$44,807--$44,807
Depreciation Depletion$28,962$3,368$5,089$37,419
Insurance$28,909$3,361$5,079$37,349
Other Expenses$15,005$1,744$2,635$19,384
Fees for Services Legal-$13,384-$13,384
Total Functional Expenses$7,530,208$1,050,011$1,174,375$9,754,594
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

Before the tax return is filed, members of Grist's Management Team, including the CEO, Director of Development, and Director of Finance, will review the detailed information included in the return for accuracy and appropriateness. This group has a strong understanding of Grist's operations and finances as well as the return's format and purpose. Any questions or issues will be discussed and agreed on as a group. The entire board receives a copy of the Form 990 for review and comment prior to the filing date.

Form 990, Part VI, Section B, line 12C

All officers, directors and employees of the organization must comply with Grist's conflict of interest policy. Officers and directors review and sign the policy on an annual basis; employees do so at their start of employment. Any conflicts or matters that may arise are discussed and considered immediately. If a true conflict exists, the affected individual(s) is restricted from participating in any decision making related to the matter. No conflicts have arisen in our past.

Form 990, Part VI, Section B, line 15

For the CEO: An independent committee of the Board, led by the Board Chair and including the Board Treasurer and two other Board Members, uses market salary studies and committee members' knowledge of and comparison to other nonprofit organizations to determine compensation. This committee conducts two compensation evaluation processes. 1) Salary: The CEO is eligible for salary increases in line with the rest of the staff based on a performance review. The committee collects input from the Board and staff about how the CEO is performing as a manager and leader. When applicable, the committee may also consider a market adjustment to the salary based on compensation studies or other market research and surveys. 2)Bonus: A set bonus pool is determined at the beginning of the fiscal year, and the amount awarded is calculated by the committee based on actual performance versus budgetary and objective goals for the organization. For other employees: Other employees' compensation amounts are determined by the CEO.

Form 990, Part VI, Section C, line 19

Financial statements are posted on Grist's website, distributed via biennial reports, and available upon request. Governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Grist Magazine Inc
EIN
06-1664153
Phone
2068762020
Address
PO Box 12710, Seattle, WA 98111
Doing Business As
Grist Magazine

Signing Officer

Name
Nikhil Swaminathan
Title
CEO
Phone
2068762020
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nikhil Swaminathan
Formed
2002
Legal Domicile
Ma
Voting Board Members
18
Independent Board Members
17
Employees
71
Volunteers
0

Preparer

Firm
Wersen Nonprofit Cpas LLC
Address
4513 Lakeway Drive, Bellingham, WA 98229
Preparer
Keaton Wersen CPA
Phone
3607709369
Raw XML AppendixShowing 400 of 726 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0Grist is a nonprofit, independent media organization dedicated to reporting on climate change. Since 1999, we have used the power of journalism to engage the public about the perils of one of the most existential threats we face. We seek to document the often unequal impacts of climate change on communities in the United States and globally, as well as to show the promise of equitable climate solutions.
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IRS990/Form990PartVIISectionAGrp/PersonNm5Julian Brave Noisecat
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IRS990/Form990PartVIISectionAGrp/PersonNm20Natasha Berman
IRS990/Form990PartVIISectionAGrp/PersonNm21Patrick Schmitt
IRS990/Form990PartVIISectionAGrp/PersonNm22Jess Stahl
IRS990/Form990PartVIISectionAGrp/PersonNm23Jess Alvarado-Lepine
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