Civic Intelligence

Craig Newmark Graduate School Of

EIN 46-5195587 • 501(c)3 • New York, NY

Profile

The foundation supports and advances the educational and research activities of the craig newmark graduate school of journalism at cuny by raising funds and making contributions and grants to the school of journalism.

219 West 40th StreetNew York, NY 10018

n/A

Siviq Scores

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

Liabilities / Assets

20th percentile

0.03x

Higher debt load relative to assets than 20% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

19th percentile

0.14x

Higher debt load relative to revenue than 19% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Net Margin

89th percentile

40%

Higher net margin than 89% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

68th percentile

$413,530

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

NTEE B • $50M-$100M nonprofits • Source year 2025

Asset Growth

80th percentile

13%

Faster asset growth than 80% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

11th percentile

-17%

Faster revenue growth than 11% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$50,249,125

Up $5,763,547 (+13%) from 2024

Liabilities

Down

$1,721,975

Down $763,885 (-31%) from 2024

Net Assets

Up

$48,527,150

Up $6,527,432 (+16%) from 2024

Operations
Liabilities / Revenue19th percentileNet Margin89th percentile

Revenue

Down

$12,159,440

Down $2,432,983 (-17%) from 2024

Expenses

Down

$7,238,936

Down $557,528 (-7.2%) from 2024

Net Income

Down

$4,920,504

Down $1,875,455 (-28%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

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

$60M$40M$20M$0Assets 2015: $5,112,268Liabilities 2015: $191,931Net Assets 2015: $4,920,3372015Assets 2016: $5,419,256Liabilities 2016: $83,000Net Assets 2016: $5,336,2562016Assets 2017: $19,995,227Liabilities 2017: $222,328Net Assets 2017: $19,772,8992017Assets 2018: $37,751,923Liabilities 2018: $139,912Net Assets 2018: $37,612,0112018Assets 2019: $36,473,734Liabilities 2019: $341,515Net Assets 2019: $36,132,2192019Assets 2020: $34,383,239Liabilities 2020: $441,700Net Assets 2020: $33,941,5392020Assets 2021: $38,745,546Liabilities 2021: $483,888Net Assets 2021: $38,261,6582021Assets 2022: $33,883,174Liabilities 2022: $399,047Net Assets 2022: $33,484,1272022Assets 2023: $34,112,274Liabilities 2023: $1,415,162Net Assets 2023: $32,697,1122023Assets 2024: $44,485,578Liabilities 2024: $2,485,860Net Assets 2024: $41,999,7182024Assets 2025: $50,249,125Liabilities 2025: $1,721,975Net Assets 2025: $48,527,1502025

Highlighted filing

2025

Assets$50,249,125
Liabilities$1,721,975
Net Assets$48,527,150
Open 2025 Filing

Operations Trend

Revenue Growth11th percentile

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

$30M$20M$10M$0-$10M-$20MRevenue 2015: $5,920,459Expenses 2015: $1,265,832Net Income 2015: $4,654,6272015Revenue 2016: $2,891,543Expenses 2016: $2,475,624Net Income 2016: $415,9192016Revenue 2017: $19,910,410Expenses 2017: $5,549,167Net Income 2017: $14,361,2432017Revenue 2018: $25,487,275Expenses 2018: $7,640,394Net Income 2018: $17,846,8812018Revenue 2019: $0Expenses 2019: $10,348,300Net Income 2019: -$10,348,3002019Revenue 2020: $6,343,048Expenses 2020: $8,686,797Net Income 2020: -$2,343,7492020Revenue 2021: $7,771,601Expenses 2021: $6,225,436Net Income 2021: $1,546,1652021Revenue 2022: $5,440,476Expenses 2022: $7,023,488Net Income 2022: -$1,583,0122022Revenue 2023: $5,960,215Expenses 2023: $8,150,888Net Income 2023: -$2,190,6732023Revenue 2024: $14,592,423Expenses 2024: $7,796,464Net Income 2024: $6,795,9592024Revenue 2025: $12,159,440Expenses 2025: $7,238,936Net Income 2025: $4,920,5042025

Highlighted filing

2025

Revenue$12,159,440
Expenses$7,238,936
Net Income$4,920,504
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$50,249,125
Liabilities
$1,721,975
Net assets
$48,527,150
Revenue
$12,159,440
Expenses
$7,238,936
Net income
$4,920,504
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.2$1.72$48.5$12.2$7.24$4.92
2024Detailed filing. Detailed filing data is available for this year.$44.5$2.49$42.0$14.6$7.80$6.80
2023Detailed filing. Detailed filing data is available for this year.$34.1$1.42$32.7$5.96$8.15$2.19
2022Detailed filing. Detailed filing data is available for this year.$33.9$0.40$33.5$5.44$7.02$1.58
2021Detailed filing. Detailed filing data is available for this year.$38.7$0.48$38.3$7.77$6.23$1.55
2020Detailed filing. Detailed filing data is available for this year.$34.4$0.44$33.9$6.34$8.69$2.34
2019Summary only. Only limited summary data is available for this year.$36.5$0.34$36.1$0.00$10.3$10.3
2018Detailed filing. Detailed filing data is available for this year.$37.8$0.14$37.6$25.5$7.64$17.8
2017Detailed filing. Detailed filing data is available for this year.$20.0$0.22$19.8$19.9$5.55$14.4
2016Detailed filing. Detailed filing data is available for this year.$5.42$0.08$5.34$2.89$2.48$0.42
2015Detailed filing. Detailed filing data is available for this year.$5.11$0.19$4.92$5.92$1.27$4.65
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 8, 2025
Return Version
2024v5.2
Gross Receipts
$12,159,440
Mission and Program Overview

Mission

The foundation supports and advances the educational and research activities of the cuny graduate school of journalism by raising funds and making contributions and grants to the school of journalism

The foundation supports and advances the educational and research activities of the cuny graduate school of journalism by raising funds and making contributions and grants to the school of journalism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$34,618,857$36,970,907▲ $2,352,050
Savings and Temporary Cash Investments$6,263,737$5,847,429▼ $416,308
Pledges and Grants Receivable$1,936,174$5,659,582▲ $3,723,408
Prepaid Expenses and Deferred Charges$1,519,652$1,607,959▲ $88,307
Cash and Non-Interest-Bearing Accounts$118,177$118,177→ $0
Accounts Receivable$28,981$45,071▲ $16,090
Total Assets$44,485,578$50,249,125▲ $5,763,547
Liabilities
Accounts Payable and Accrued Expenses$2,235,410$1,716,975▼ $518,435
Deferred Revenue$250,000--
Other Liabilities$450$5,000▲ $4,550
Total Liabilities$2,485,860$1,721,975▼ $763,885
Net Assets / Fund Balance
Net Assets With Donor Restrictions$39,690,219$47,986,860▲ $8,296,641
Net Assets Without Donor Restrictions$2,309,499$540,290▼ $1,769,209
Total Net Assets Fund Balance$41,999,718$48,527,150▲ $6,527,432
Total Liabilities and Net Assets / Fund Balance$44,485,578$50,249,125▲ $5,763,547

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$36,970,907--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$31,625,000$21,644--$31,646,644
2023$21,500,000$10,125,000--$31,625,000
2022$21,500,000---$21,500,000
2021$21,500,000---$21,500,000
2020$21,500,000---$21,500,000
Compensation and Service Providers
Top Officer Pay68th percentile

Board Members and Trustees

NameTitle
Vivek ShahChair
Robin SparkmanVice Chair
Ali VelshiDirector
Arthur Sulzberger JrDirector
Craig NewmarkDirector
Cristina AlesciDirector
Dennis BermanDirector
Jose ZamoraDirector
Karen PensieroDirector
Marjorie ParkerDirector
Richard StengelDirector
Sarah AlvarezDirector
Sarah BartlettDirector
Stephen B ShepardDirector
Graciela MochkofskyEx-officio Director
Shazdeh ZeiglerExecutive Director
Laurie HaysSecretary
Jesse AngeloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,500,147
Program Service Revenue
$0
Investment Income
$2,659,293
Other Revenue
$0
All Other Contributions
$9,500,147
Change in Net Assets
$4,920,504

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,087,150
Revenue Not Reported on Financial Statements
$72,290
Revenue Not Reported on Form 990
$1,606,928
Total Revenue per Audited Statements
$13,694,078
Total Revenue per Form 990
$12,159,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,756,070
Grants and Similar Amounts Paid$2,620,485
Other Expenses$1,862,381
Total Fundraising Expense$4,335
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,208,773$31,500-$2,240,273
Grants to Domestic Orgs$1,605,198--$1,605,198
Grants to Domestic Individuals$1,015,287--$1,015,287
Fees for Services Other$706,146$35,594-$741,740
Other Employee Benefits$506,342$9,455-$515,797
Occupancy$252,653$60,461-$313,114
Travel$166,304$22,970-$189,274
Fees for Services Management$158,484$3,265-$161,749
Information Technology$9,590$72,083-$81,673
Fees for Service Investment Mgmnt Fees-$72,290-$72,290
Other Expenses$4,058$19,906-$23,964
All Other Expenses--$4,335$4,335
Office Expenses$3,551$759-$4,310
Advertising$829--$829
Total Functional Expenses$6,870,005$364,596$4,335$7,238,936

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,238,936
Expenses per Audited Statements$7,166,646
Total Expenses per Audited Statements$7,166,646
Expenses Not Reported on Financial Statements$72,290
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Craig Newmark School of JournalismNew York, NY501(c)(3)Operating Support$1,415,661
Montclair State University FoundationMontclair, NJ501(c)(3)Re-grant$189,537
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$5,000
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“No separate committee meetings were held.”

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

“Form 990 is reviewed and approved by the board of directors prior to filing.”

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

“The foundation, inc. Has implemented a conflict of interest (coi) policy. As part of this policy, on an annual basis, all members of the board of directors, management and all other employees must sign the coi statement and indicate any possible conflicts or related party transactions. On an annual basis, the audit committee of the board of directors reviews the coi statements for conflicts and determination/approval of the ongoing relationship.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Craig Newmark Graduate School of
EIN
46-5195587
Phone
6467587814
Address
219 WEST 40TH STREET, NEW YORK, NY 10018

Signing Officer

Name
Vivek Shah
Title
Chair
Phone
6467587814
Signed
2025-10-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vivek Shah
Formed
2014
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
David a Urban CPA
Phone
7166340700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consultants & subcontactors: program service expenses 706,146. Management and general expenses 24,715. Fundraising expenses 0. Total expenses 730,861. Professional fees: program service expenses 0. Management and general expenses 10,879. Fundraising expenses 0. Total expenses 10,879.”

FORM 990, PART XII, LINE 2C:

“No change in oversight of audit in current year.”

Financial Statement Notes

PART V, LINE 4:

“To support the college's educational mission, enhance the college's academic reputation and propel the college's standing not only in the city of new york but also globally among other schools of journalism and within the field of journalism more generally. To establish, maintain and retain a distinguished professorship to be known as "the leonard tow chair in innovation journalism."”

PART X, LINE 2:

“The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (the code); therefore, no provision for income taxes is reflected in the financial statements. The foundation has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code. The foundation presently discloses or recognizes income tax positions based on management's estimate of whether it is reasonably possible or probable that a liability has been incurred for unrecognized income taxes. Management has concluded that the foundation has taken no uncertain tax positions that require adjustment in its financial statements. U.s. Forms 990 filed by the foundation are subject to examination by taxing authorities.”

Raw XML AppendixShowing 400 of 644 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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