Civic Intelligence

Baltimore Beat Inc.

990 • Fiscal year 2023 • EIN 87-1953122

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 29, 2024

1400 Greenmount Ave Ste P01Baltimore, MD 21202

(516) 449-7109

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

40th percentile

0.00x

Higher debt load relative to assets than 40% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

37th percentile

0.00x

Higher debt load relative to revenue than 37% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

90th percentile

$111,449

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

76th percentile

21%

Faster asset growth than 76% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

29th percentile

-6.3%

Faster revenue growth than 29% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$473,683

Up $81,780 (+21%) from 2022

Net Assets

Up

$471,699

Up $83,795 (+22%) from 2022

Liabilities

Down

$1,984

Down $2,015 (-50%) from 2022

Revenue

Down

$683,578

Down $45,895 (-6.3%) from 2022

Expenses

Up

$599,783

Up $34,167 (+6.0%) from 2022

Net Income

Down

$83,795

Down $80,062 (-49%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2021: $224,056Liabilities 2021: $9Net Assets 2021: $224,0472021Assets 2022: $391,903Liabilities 2022: $3,999Net Assets 2022: $387,9042022Assets 2023: $473,683Liabilities 2023: $1,984Net Assets 2023: $471,6992023Assets 2024: $500,331Liabilities 2024: $24,618Net Assets 2024: $475,7132024

Highlighted filing

2023

Assets$473,683
Liabilities$1,984
Net Assets$471,699

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0Revenue 2021: $400,112Expenses 2021: $176,065Net Income 2021: $224,0472021Revenue 2022: $729,473Expenses 2022: $565,616Net Income 2022: $163,8572022Revenue 2023: $683,578Expenses 2023: $599,783Net Income 2023: $83,7952023Revenue 2024: $832,886Expenses 2024: $828,872Net Income 2024: $4,0142024

Highlighted filing

2023

Revenue$683,578
Expenses$599,783
Net Income$83,795
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 29, 2024
Return Version
2023v5.0
Gross Receipts
$683,578
Mission and Program Overview

Mission

Baltimore beat provides thoughtful, dogged reporting with a focus on the ignored and under-represented; provides journalism and investigative reporting, writing exclusive stories on local, city and state agencies, state government, and u.s. Government and federal agencies; provides news coverage of government meetings, activists, and social justice events; provides news coverage of the arts and entertainment, including music, theatre, poetry, visual arts, television, social media, and photography about baltimore city; publishes poetry from students in baltimore city schools and support young writers in high school and summer programs; and provides reviews of food markets, restaurants, food, and beverages.

Our mission is to honor the tradition of the black press and the spirit of alt-weekly journalism with reporting that focuses on community, questions power structures, and prioritizes thoughtful engagement with our readers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$376,898$454,049▲ $77,151
Accounts Receivable$15,005$19,634▲ $4,629
Total Assets$391,903$473,683▲ $81,780
Liabilities
Accounts Payable and Accrued Expenses$3,999$1,984▼ $2,015
Total Liabilities$3,999$1,984▼ $2,015
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$387,904$471,699▲ $83,795
Total Net Assets Fund Balance$387,904$471,699▲ $83,795
Total Liabilities and Net Assets / Fund Balance$391,903$473,683▲ $81,780
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa Snowden MccrayPresidentFT$95,000$16,449$111,449

Board Members and Trustees

NameTitle
Dharna NoorBoard Chair
Mara CallahanBoard Member
Tracey BealeBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Keen Media INCMgmt Consulting47 ECHO AVE 1954, Miller Place, NY 11764$133,092
Revenue and Support

Revenue Composition

Contributions and Grants
$675,104
Program Service Revenue
$0
Investment Income
$1,974
Other Revenue
$6,500
All Other Contributions
$675,104
Change in Net Assets
$83,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$376,249
Salaries, Compensation, and Employee Benefits$223,534
Total Fundraising Expense$29,991
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$113,128$13,309$6,655$133,092
Fees for Services Other$112,787$13,269$6,636$132,692
Current Officers, Directors, Trustees, and Key Employees$80,750$9,500$4,750$95,000
Other Salaries and Wages$56,960$6,701$3,350$67,011
Office Expenses$54,250$6,383$3,190$63,823
Other Employee Benefits$39,911$4,695$2,349$46,955
Travel$15,641$1,840$920$18,401
Payroll Taxes$10,828$1,274$637$12,739
Information Technology$9,487$1,116$558$11,161
Occupancy$5,375$633$316$6,324
Insurance$4,206$494$248$4,948
Advertising$2,612$308$153$3,073
Fees for Services Accounting$2,265$267$133$2,665
Pension Plan Contributions$1,554$183$92$1,829
Fees for Services Legal$59$7$4$70
Total Functional Expenses$509,813$59,979$29,991$599,783
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
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
No
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, Page 6, Part VI, Line 11B

The 990 was prepared by the outside accountant and reviewed by management.it was then approved by the board of directors.

Form 990, Page 6, Part VI, Line 12C

Conflcit of interest policy is regularly monitored by the board.

Form 990, Page 6, Part VI, Line 15A

Compensation is based on research done on comparable salaries in the industry.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Baltimore Beat Inc
EIN
87-1953122
Phone
5164497109
Address
1400 GREENMOUNT AVE STE P01, BALTIMORE, MD 21202

Signing Officer

Name
Lisa Snowden Mccray
Title
President
Phone
4108621167
Signed
2024-10-29

Organization Details

Principal Officer
Lisa Snowden Mccray
Formed
2021
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
3

Preparer

Firm
Goldin Group LLC
Address
4500 EAST-WEST HWY 710, BETHESDA, MD 20814
Preparer
Svitlana Kernizan
Phone
3019130008
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Baltimore beat provides thoughtful, dogged reporting with a focus on the ignored and under-represented; provides journalism and investigative reporting, writing exclusive stories on local, city and state agencies, state government, and u.s. Government and federal agencies; provides news coverage of government meetings, activists, and social justice events; provides news coverage of the arts and entertainment, including music, theatre, poetry, visual arts, television, social media, and photography about baltimore city; publishes poetry from students in baltimore city schools and support young writers in high school and summer programs; and provides reviews of food markets, restaurants, food, and beverages.

Form 990, Page 2, Part III, Line 4A

1. Local news coverage and investigative journalism baltimore beat provides critical local news coverage with a focus on underserved and underreported communities in baltimore. Through investigative journalism, the organization highlights key issues such as police reform, housing, civil rights, and the allocation of city resources. Their in-depth reports on police accountability, mass incarceration, and social justice bring transparency and hold local government and institutions accountable, giving a voice to those often neglected in mainstream media. This work has helped shift public awareness on critical social issues, promoting informed civic engagement in the city. 2. Community engagement and partnerships baltimore beat has a deep commitment to community engagement, working directly with local grassroots organizations, activists, and the public to address the needs of the community. The organization hosts events, town halls, and workshops, creating forums for public dialogue and civic engagement. By forming partnerships with community groups, baltimore beat strengthens its role as a media entity that not only informs but also mobilizes and empowers baltimore's citizens. Their collaboration with other nonprofits amplifies issues of racial justice, police reform, and local governance. 3. Youth and educational initiatives baltimore beat is dedicated to fostering the next generation of journalists and activists through youth and educational programs. They offer mentorship, internships, and journalism training to local youth, helping them gain skills in reporting, storytelling, and media production. These initiatives are vital for developing new talent, particularly among baltimore's black and underserved communities, and contribute to the sustainability and diversity of the journalism field. By investing in youth, baltimore beat not only educates but also provides pathways for young people to contribute to and shape the future of journalism in the city.

Form 990, Part IX, Line 11G

Payroll expenses:long-term su 6,995 823 412 contract & professional fees: 31,407 3,695 1,848 contract & professional fees 170 20 10 newspaper distribution 74,215 8,731 4,366 total 112,787 13,269 6,636

Raw XML Appendix350 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/Desc01. LOCAL NEWS COVERAGE AND INVESTIGATIVE JOURNALISM BALTIMORE BEAT PROVIDES CRITICAL LOCAL NEWS COVERAGE WITH A FOCUS ON UNDERSERVED AND UNDERREPORTED COMMUNITIES IN BALTIMORE. THROUGH INVESTIGATIVE JOURNALISM, THE ORGANIZATION HIGHLIGHTS KEY ISSUES SUCH AS POLICE REFORM, HOUSING, CIVIL RIGHTS, AND THE ALLOCATION OF CITY RESOURCES. THEIR IN-DEPTH REPORTS ON POLICE ACCOUNTABILITY, MASS INCARCERATION, AND SOCIAL JUSTICE BRING TRANSPARENCY AND HOLD LOCAL GOVERNMENT AND INSTITUTIONS ACCOUNTABLE, GIVING A VOICE TO THOSE OFTEN NEGLECTED IN MAINSTREAM MEDIA. THIS WORK HAS HELPED SHIFT PUBLIC AWARENESS ON CRITICAL SOCIAL ISSUES, PROMOTING INFORMED CIVIC ENGAGEMENT IN THE CITY. 2. COMMUNITY ENGAGEMENT AND PARTNERSHIPS BALTIMORE BEAT HAS A DEEP COMMITMENT TO COMMUNITY ENGAGEMENT, WORKING DIRECTLY WITH LOCAL GRASSROOTS ORGANIZATIONS, ACTIVISTS, AND THE PUBLIC TO ADDRESS THE NEEDS OF THE COMMUNITY. THE ORGANIZATION HOSTS EVENTS, TOWN HALLS, AND WORKSHOPS, CREATING FORUMS FOR PUBLIC DIALOGUE AND CIVIC ENGAGEMENT. BY FORMING PARTNERSHIPS WITH COMMUNITY GROUPS, BALTIMORE BEAT STRENGTHENS ITS ROLE AS A MEDIA ENTITY THAT NOT ONLY INFORMS BUT ALSO MOBILIZES AND EMPOWERS BALTIMORE'S CITIZENS. THEIR COLLABORATION WITH OTHER NONPROFITS AMPLIFIES ISSUES OF RACIAL JUSTICE, POLICE REFORM, AND LOCAL GOVERNANCE. 3. YOUTH AND EDUCATIONAL INITIATIVES BALTIMORE BEAT IS DEDICATED TO FOSTERING THE NEXT GENERATION OF JOURNALISTS AND ACTIVISTS THROUGH YOUTH AND EDUCATIONAL PROGRAMS. THEY OFFER MENTORSHIP, INTERNSHIPS, AND JOURNALISM TRAINING TO LOCAL YOUTH, HELPING THEM GAIN SKILLS IN REPORTING, STORYTELLING, AND MEDIA PRODUCTION. THESE INITIATIVES ARE VITAL FOR DEVELOPING NEW TALENT, PARTICULARLY AMONG BALTIMORE'S BLACK AND UNDERSERVED COMMUNITIES, AND CONTRIBUTE TO THE SUSTAINABILITY AND DIVERSITY OF THE JOURNALISM FIELD. BY INVESTING IN YOUTH, BALTIMORE BEAT NOT ONLY EDUCATES BUT ALSO PROVIDES PATHWAYS FOR YOUNG PEOPLE TO CONTRIBUTE TO AND SHAPE THE FUTURE OF JOURNALISM IN THE CITY.
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IRS990/MissionDesc0BALTIMORE BEAT PROVIDES THOUGHTFUL, DOGGED REPORTING WITH A FOCUS ON THE IGNORED AND UNDER-REPRESENTED; PROVIDES JOURNALISM AND INVESTIGATIVE REPORTING, WRITING EXCLUSIVE STORIES ON LOCAL, CITY AND STATE AGENCIES, STATE GOVERNMENT, AND U.S. GOVERNMENT AND FEDERAL AGENCIES; PROVIDES NEWS COVERAGE OF GOVERNMENT MEETINGS, ACTIVISTS, AND SOCIAL JUSTICE EVENTS; PROVIDES NEWS COVERAGE OF THE ARTS AND ENTERTAINMENT, INCLUDING MUSIC, THEATRE, POETRY, VISUAL ARTS, TELEVISION, SOCIAL MEDIA, AND PHOTOGRAPHY ABOUT BALTIMORE CITY; PUBLISHES POETRY FROM STUDENTS IN BALTIMORE CITY SCHOOLS AND SUPPORT YOUNG WRITERS IN HIGH SCHOOL AND SUMMER PROGRAMS; AND PROVIDES REVIEWS OF FOOD MARKETS, RESTAURANTS, FOOD, AND BEVERAGES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BALTIMORE BEAT PROVIDES THOUGHTFUL, DOGGED REPORTING WITH A FOCUS ON THE IGNORED AND UNDER-REPRESENTED; PROVIDES JOURNALISM AND INVESTIGATIVE REPORTING, WRITING EXCLUSIVE STORIES ON LOCAL, CITY AND STATE AGENCIES, STATE GOVERNMENT, AND U.S. GOVERNMENT AND FEDERAL AGENCIES; PROVIDES NEWS COVERAGE OF GOVERNMENT MEETINGS, ACTIVISTS, AND SOCIAL JUSTICE EVENTS; PROVIDES NEWS COVERAGE OF THE ARTS AND ENTERTAINMENT, INCLUDING MUSIC, THEATRE, POETRY, VISUAL ARTS, TELEVISION, SOCIAL MEDIA, AND PHOTOGRAPHY ABOUT BALTIMORE CITY; PUBLISHES POETRY FROM STUDENTS IN BALTIMORE CITY SCHOOLS AND SUPPORT YOUNG WRITERS IN HIGH SCHOOL AND SUMMER PROGRAMS; AND PROVIDES REVIEWS OF FOOD MARKETS, RESTAURANTS, FOOD, AND BEVERAGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11. LOCAL NEWS COVERAGE AND INVESTIGATIVE JOURNALISM BALTIMORE BEAT PROVIDES CRITICAL LOCAL NEWS COVERAGE WITH A FOCUS ON UNDERSERVED AND UNDERREPORTED COMMUNITIES IN BALTIMORE. THROUGH INVESTIGATIVE JOURNALISM, THE ORGANIZATION HIGHLIGHTS KEY ISSUES SUCH AS POLICE REFORM, HOUSING, CIVIL RIGHTS, AND THE ALLOCATION OF CITY RESOURCES. THEIR IN-DEPTH REPORTS ON POLICE ACCOUNTABILITY, MASS INCARCERATION, AND SOCIAL JUSTICE BRING TRANSPARENCY AND HOLD LOCAL GOVERNMENT AND INSTITUTIONS ACCOUNTABLE, GIVING A VOICE TO THOSE OFTEN NEGLECTED IN MAINSTREAM MEDIA. THIS WORK HAS HELPED SHIFT PUBLIC AWARENESS ON CRITICAL SOCIAL ISSUES, PROMOTING INFORMED CIVIC ENGAGEMENT IN THE CITY. 2. COMMUNITY ENGAGEMENT AND PARTNERSHIPS BALTIMORE BEAT HAS A DEEP COMMITMENT TO COMMUNITY ENGAGEMENT, WORKING DIRECTLY WITH LOCAL GRASSROOTS ORGANIZATIONS, ACTIVISTS, AND THE PUBLIC TO ADDRESS THE NEEDS OF THE COMMUNITY. THE ORGANIZATION HOSTS EVENTS, TOWN HALLS, AND WORKSHOPS, CREATING FORUMS FOR PUBLIC DIALOGUE AND CIVIC ENGAGEMENT. BY FORMING PARTNERSHIPS WITH COMMUNITY GROUPS, BALTIMORE BEAT STRENGTHENS ITS ROLE AS A MEDIA ENTITY THAT NOT ONLY INFORMS BUT ALSO MOBILIZES AND EMPOWERS BALTIMORE'S CITIZENS. THEIR COLLABORATION WITH OTHER NONPROFITS AMPLIFIES ISSUES OF RACIAL JUSTICE, POLICE REFORM, AND LOCAL GOVERNANCE. 3. YOUTH AND EDUCATIONAL INITIATIVES BALTIMORE BEAT IS DEDICATED TO FOSTERING THE NEXT GENERATION OF JOURNALISTS AND ACTIVISTS THROUGH YOUTH AND EDUCATIONAL PROGRAMS. THEY OFFER MENTORSHIP, INTERNSHIPS, AND JOURNALISM TRAINING TO LOCAL YOUTH, HELPING THEM GAIN SKILLS IN REPORTING, STORYTELLING, AND MEDIA PRODUCTION. THESE INITIATIVES ARE VITAL FOR DEVELOPING NEW TALENT, PARTICULARLY AMONG BALTIMORE'S BLACK AND UNDERSERVED COMMUNITIES, AND CONTRIBUTE TO THE SUSTAINABILITY AND DIVERSITY OF THE JOURNALISM FIELD. BY INVESTING IN YOUTH, BALTIMORE BEAT NOT ONLY EDUCATES BUT ALSO PROVIDES PATHWAYS FOR YOUNG PEOPLE TO CONTRIBUTE TO AND SHAPE THE FUTURE OF JOURNALISM IN THE CITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANT AND REVIEWED BY MANAGEMENT.IT WAS THEN APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLCIT OF INTEREST POLICY IS REGULARLY MONITORED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS BASED ON RESEARCH DONE ON COMPARABLE SALARIES IN THE INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL EXPENSES:LONG-TERM SU 6,995 823 412 CONTRACT & PROFESSIONAL FEES: 31,407 3,695 1,848 CONTRACT & PROFESSIONAL FEES 170 20 10 NEWSPAPER DISTRIBUTION 74,215 8,731 4,366 TOTAL 112,787 13,269 6,636
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA SNOWDEN MCCRAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04108621167
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BALTIMORE BEAT INC
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ReturnHeader/Filer/PhoneNum05164497109
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0264694278
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOLDIN GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04500 EAST-WEST HWY 710
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SVITLANA KERNIZAN
ReturnHeader/ReturnTs02024-10-29T10:50:33-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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