Civic Intelligence

Intercept Media Inc.

EIN 92-1198452 • 501(c)3 • New York, NY

Pub. 78 Eligible990-N CoverageNTEE A30

Profile

The intercept media, inc. Is the publisher of the intercept, a news organization that educates the public though its investigative journalism with a focus on politics, environment, criminal justice, national security, technology and immigration.

15 West 38th Street Unit 636New York, NY 10018

www.theintercept.com

Siviq Scores

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

Liabilities / Assets

29th percentile

0.03x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.02x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

5th percentile

-70%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets29th percentile

Assets

Down

$3,962,915

Down $3,938,575 (-50%) from 2023

Liabilities

Down

$113,500

Down $16,002 (-12%) from 2023

Net Assets

Down

$3,849,415

Down $3,922,573 (-50%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin5th percentile

Revenue

Down

$5,597,043

Down $13,364,580 (-70%) from 2023

Expenses

Down

$9,519,616

Down $1,670,019 (-15%) from 2023

Net Income

Down

-$3,922,573

Down $11,694,561 (-150%) from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2023: $7,901,490Liabilities 2023: $129,502Net Assets 2023: $7,771,9882023Assets 2024: $3,962,915Liabilities 2024: $113,500Net Assets 2024: $3,849,4152024

Highlighted filing

2024

Assets$3,962,915
Liabilities$113,500
Net Assets$3,849,415
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$10M$0-$10MRevenue 2023: $18,961,623Expenses 2023: $11,189,635Net Income 2023: $7,771,9882023Revenue 2024: $5,597,043Expenses 2024: $9,519,616Net Income 2024: -$3,922,5732024

Highlighted filing

2024

Revenue$5,597,043
Expenses$9,519,616
Net Income-$3,922,573
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,962,915
Liabilities
$113,500
Net assets
$3,849,415
Revenue
$5,597,043
Expenses
$9,519,616
Net income
-$3,922,573
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.96$0.11$3.85$5.60$9.52$3.92
2023Detailed filing. Detailed filing data is available for this year.$7.90$0.13$7.77$19.0$11.2$7.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 12, 2025
Return Version
2024v5.2
Gross Receipts
$5,597,043
Mission and Program Overview

Mission

The intercept media, inc. Is the publisher of the intercept, a news organization that educates the public though its investigative journalism with a focus on politics, environment, criminal justice, national security, technology and immigration.

The intercept media, inc. Is the publisher of the intercept, a news organization that educates the public through its investigative journalism with a focus on environment, criminal justice, national security, technology and immigration. During 2024, the intercept pursued its trademark mix of deep investigations, hard hitting scoops and incisive analysis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$573,233$2,099,523▲ $1,526,290
Pledges and Grants Receivable$6,327,426$1,200,000▼ $5,127,426
Cash and Non-Interest-Bearing Accounts-$511,737-
Prepaid Expenses and Deferred Charges$97,037$77,970▼ $19,067
Land, Buildings, and Equipment, Net$114,583$68,750▼ $45,833
Total Assets$7,901,490$3,962,915▼ $3,938,575
Other Assets Total$789,211$4,935▼ $784,276
Liabilities
Accounts Payable and Accrued Expenses$129,502$113,500▼ $16,002
Total Liabilities$129,502$113,500▼ $16,002
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,360,160$2,646,915▲ $1,286,755
Net Assets With Donor Restrictions$6,411,828$1,202,500▼ $5,209,328
Total Net Assets Fund Balance$7,771,988$3,849,415▼ $3,922,573
Total Liabilities and Net Assets / Fund Balance$7,901,490$3,962,915▼ $3,938,575

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$68,750$68,750$137,500
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Annie ChabelChief Executive OfficerFT$311,880$21,391$333,271
David BralowSecretary - General CounselFT$231,689$44,107$275,796
Roger HodgeEditor-in-chiefFT$23,902$243,531$267,433
James RisenSr. National Security CorrespondentFT$189,818$36,044$225,862
Smriti AggarwalChief Strategy OfficerFT$197,569$6,862$204,431
Michael SherrardChief Digital OfficerFT$185,925$18,049$203,974
Miroslav MacalaChief Operating OfficerFT$189,068$10,521$199,589
Liliana SeguraSenior ReporterFT$155,033$23,335$178,368
Jordan M SmithSenior ReporterFT$149,702$15,554$165,256
Ben MuessigEditor-in-chiefFT$159,047$6,055$165,102
Celine PiserSenior Director of DevelopmentFT$146,088$10,998$157,086

Board Members and Trustees

NameTitle
Pat ChristenChair
Maria RessaDirector
Michael D MannDirector
Susan Smith RichardsonDirector
Adam GuntherTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ravix Group INCAccounting/finance1871 THE ALAMEDA STE 331, San Jose, CA 95126$159,187
-Contract Writer/journalist15 WEST 38TH STREET 636, New York, NY 10018$121,566
Revenue and Support

Revenue Composition

Contributions and Grants
$5,355,875
Program Service Revenue
$72,793
Investment Income
$168,375
Other Revenue
$0
All Other Contributions
$5,355,875
Change in Net Assets
$-3,922,573

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,597,043
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$199,305
Total Revenue per Audited Statements
$5,796,348
Total Revenue per Form 990
$5,597,043
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,773,533
Other Expenses$2,466,083
Total Fundraising Expense$1,439,202
Grants and Similar Amounts Paid$280,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,393,101$255,041$484,284$4,132,426
Current Officers, Directors, Trustees, and Key Employees$902,534$434,777$312,284$1,649,595
Fees for Services Other$758,351$302,119$129,104$1,189,574
Payroll Taxes$384,145$61,095$72,097$517,337
Other Employee Benefits$265,884$38,996$57,616$362,496
Information Technology$138,458$52,970$99,705$291,133
Grants to Domestic Orgs$280,000--$280,000
Office Expenses$29,435$23,855$208,680$261,970
Fees for Services Legal$74,970$101,855-$176,825
Insurance$95,249$57,631-$152,880
Travel$36,379$39,444$45,971$121,794
Pension Plan Contributions$83,982$10,010$17,687$111,679
Other Expenses$47,888$218$3,618$48,106
Depreciation Depletion$33,484$5,168$7,181$45,833
Fees for Services Accounting-$27,377-$27,377
Occupancy$2,513$7,703$81$10,297
Advertising$1,056-$894$1,950
Total Functional Expenses$6,639,787$1,440,627$1,439,202$9,519,616

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,718,921
Expenses per Audited Statements$9,519,616
Total Expenses per Form 990$9,519,616
Expenses Not Reported on Form 990$199,305
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Drop Site News IncWashington, DC-Project Support$280,000

International Summary

Offices
0
Employees
1
Spending
$169,032

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram Service(1) EMPLOYEE WAGES/WRKMNS COMP-KUHN & PARTNER; (2) FREELANCE STORIES; (3) ARTICLE RESEARCH & FACT-CHECK01$162,844
Middle East and North AfricaProgram Services(1) FREELANCE STORIES; (2) CONTRACTOR-CONTENT00$4,388
Sub-saharan AfricaProgram Services(1) Freelance Stories00$1,800
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

“The 990 is submitted to the audit committee of the board directors for review and approval of the final draft. All directors receive the final draft prior to filing.”

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

“The conflict of interest policy is designed to foster public confidence in the integrity of the intercept media, inc. And to protect its interests when it is contemplating entering a transaction that might benefit the private interests of a director, a corporate officer, key employee, a person with substantial influence over the intercept or other disqualified persons. Directors, officers and key employees are required to comply with the conflict of interest policy and disclose any conflicts of interest on an annual basis. The audit committee of the board of directors periodically reviews and monitors such reported conflicts and affiliated party transactions and makes recommendations thereto to the board.”

Form 990, Part VI, Section B, Line 15

“Compensation for key employees and officers is determined by the use of compensation analysis including the use of other comparable data. Budgets including compensation are approved by the board.”

Form 990, Part VI, Section C, Line 19

“The information is furnished upon request.”

Filing and Contact Details

Filer

Filer Name
The Intercept Media Inc
EIN
92-1198452
Phone
9084609471
Address
15 WEST 38TH STREET UNIT 636, NEW YORK, NY 10018
Doing Business As
The Intercept

Signing Officer

Name
Annie Chabel
Title
CEO
Phone
9084609471
Signed
2025-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Annie Chabel
Formed
2022
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
56
Volunteers
5

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Frederick Martens
Phone
2126972299
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional fees: program service expenses 0. Management and general expenses 302,119. Fundraising expenses 129,104. Total expenses 431,223. Editorial/writers/journalists: program service expenses 758,351. Management and general expenses 0. Fundraising expenses 0. Total expenses 758,351.”

Raw XML AppendixShowing 400 of 761 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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