CHICAGO PUBLIC MEDIA INC Charity Report

Public IRS 990 nonprofit record

CHICAGO PUBLIC MEDIA INC

EIN 36-3687394 · Arts, Culture & Humanities (A340)

What they do

CHICAGO PUBLIC MEDIAS MISSION is to STRENGTHEN THE WELL-BEING of OUR LOCAL COMMUNITIES and OUR DEMOCRACY THROUGH INDEPENDENT LOCAL JOURNALISM. CHICAGO PUBLIC MEDIA PRODUCES ACCESSIBLE, TRUSTED NEWS, INFORMATION and PROGRAMMING THAT HELPS ALL CHICAGO AREA RESIDENTS MAKE INFORMED DECISIONS EVERY DAY, PARTICIPATE IN OUR DIVERSE COMMUNITIES and MAKE THE MOST of OUR REGION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $66.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders41 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

50.63%of revenue went to mission work66.6% of expenses · Program services

16.08%of revenue went to fundraising21.1% of expenses

$76.08spent for every $100 of revenueRevenue covered expenses this year.

9.37%of revenue went to management and office costs12.3% of expenses

$4.54in assets for every $1 spent this yearSome assets cannot be spent right away.

81.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $943,475 for MATTHEW MOOG (CEO - THRU 09/2024). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$35,621,838

Mission workProgram services$18,036,25250.63% of revenue66.6% of expenses

ManagementOffice and general costs$3,336,2099.37% of revenue12.3% of expenses

FundraisingAsking for donations$5,727,31016.08% of revenue21.1% of expenses

Revenue left after expensesReported annual surplus$8,522,06723.92% of revenueShown in gray on the chart

Total expenses$27,099,77176.08% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 66.6% mission · 12.3% management · 21.1% fundraisingTotal expenses: 76.08% of revenue

2023Expense mix: 65.3% mission · 13.2% management · 21.4% fundraisingTotal expenses: 89.17% of revenue

2022Expense mix: 64.3% mission · 13.5% management · 22.2% fundraisingTotal expenses: 77.40% of revenue

2021Expense mix: 62.6% mission · 13.1% management · 24.4% fundraisingTotal expenses: 88.21% of revenue

2020Expense mix: 64.4% mission · 11.9% management · 23.7% fundraisingTotal expenses: 73.15% of revenue

2019Expense mix: 66.1% mission · 12.0% management · 22.0% fundraisingTotal expenses: 103.40% of revenue

2018Expense mix: 63.9% mission · 12.9% management · 23.2% fundraisingTotal expenses: 86.47% of revenue

2017Expense mix: 68.1% mission · 7.8% management · 24.1% fundraisingTotal expenses: 75.54% of revenue

Money in and money out

Revenue$35,621,838

Expenses$27,099,771

Annual surplus $8,522,067 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$18,036,252 · 66.6% of expenses

Management and office costs$3,336,209 · 12.3% of expenses

Fundraising$5,727,310 · 21.1% of expenses

See all reported dollar amounts

Revenue$35,621,838

Expenses$27,099,771

Assets$123,120,928

Income$44,962,243

Contributions$29,168,580

Mission work (program services)$18,036,252

Fundraising$5,727,310

Management and general$3,336,209

Executive compensation (total)$2,449,082

Stocks and bonds$83,640,750

Accounting fees$71,896

Investing fees$161,903

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MATTHEW MOOGCEO - THRU 09/2024 · 20 hrs/week $943,475Base $904,910 · Other $38,565

RINA DEDHIACFO · 20 hrs/week $440,734Base $402,877 · Other $37,857

TRACY BROWNCHIEF PARTNERSHIPS OFFICER · 24 hrs/week $389,079Base $367,728 · Other $21,351

CYNTHIA PHOTOS ABBOTTCHIEF LEGAL OFFICER · 24 hrs/week $379,789Base $349,975 · Other $29,814

LORI MALATESTACHIEF PEOPLE OFFICER · 25 hrs/week $346,692Base $323,322 · Other $23,370

STEPHEN WRIGHTVP OF TECHNOLOGY AND OPERATIONS · 33 hrs/week $274,540Base $256,640 · Other $17,900

GILBERT BAILONEXECUTIVE EDITOR · 40 hrs/week $252,747Base $236,817 · Other $15,930

DEBRA CHAMRASVP, FINANCE AND ACCOUNTING · 32 hrs/week $250,465Base $225,296 · Other $25,169

LUCY KIMCHIEF ADVANCEMENT OFFICER · 32 hrs/week $249,915Base $228,084 · Other $21,831

HEIDI GOLDFEINVP OF PROGRAMMING · 40 hrs/week $201,310Base $170,888 · Other $30,422

KATE VERRANTASSISTANT GENERAL COUNSEL · 29 hrs/week $197,910Base $180,357 · Other $17,553

MELISSA BELLCEO - BEG. 09/2024 · 20 hrs/week $190,787Base $184,922 · Other $5,865

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (41)

MATTHEW MOOGCEO - THRU 09/2024

RINA DEDHIACFO

TRACY BROWNCHIEF PARTNERSHIPS OFFICER

CYNTHIA PHOTOS ABBOTTCHIEF LEGAL OFFICER

LORI MALATESTACHIEF PEOPLE OFFICER

STEPHEN WRIGHTVP OF TECHNOLOGY AND OPERATIONS

GILBERT BAILONEXECUTIVE EDITOR

DEBRA CHAMRASVP, FINANCE AND ACCOUNTING

LUCY KIMCHIEF ADVANCEMENT OFFICER

HEIDI GOLDFEINVP OF PROGRAMMING

KATE VERRANTASSISTANT GENERAL COUNSEL

MELISSA BELLCEO - BEG. 09/2024

FRANK SHARPEDIRECTOR OF PRODUCT ENGINEERING

LAURA VAN PEENANDIRECTOR

ROBERT AGUILARDIRECTOR

RAYMOND E CROSSMAN PHDSECRETARY

PIYUSH CHAUDHARIDIRECTOR - THRU 09/2024

PAUL RANDDIRECTOR

ROBERT PASINBOARD CHAIR - THRU 09/2024

NIVINE MEGAHED PHDVICE CHAIR

ROGER HOCHSCHILDDIRECTOR

SUSAN ABRAMSDIRECTOR - BEG. 12/2024

MATT RICHARDSONDIRECTOR

THOMAS FISHER JR MDDIRECTOR

WILLIAM A GEE IVDIRECTOR - THRU 09/2024

LISA MORRISON BUTLERDIRECTOR

LERRY J KNOX JRDIRECTOR - THRU 09/2024

ADRIENNE KINGBOARD CHAIR

KEDRA NEWSOM REEVESDIRECTOR

JULIAN POSADADIRECTOR

JESSICA SIEJADIRECTOR - THRU 12/2024

HOWARD CONANT JRDIRECTOR

ELIZABETH THOMPSONDIRECTOR

DAVID SINSKIDIRECTOR

CHARLES LEWISDIRECTOR

CAMMIE MCLEODDIRECTOR - BEG. 12/2024

BRUCE HEYMANDIRECTOR

BRIAN WOLFEDIRECTOR - BEG. 9/2024

BILL RUDNICKDIRECTOR

BERNARDO SICHELTREASURER

ANDREA WISHOMDIRECTOR

About this charity

Recognized since: January 1994
Location: 848 E GRAND AVENUE NAVY PIER, CHICAGO, IL 60611
County: Cook
In care of: MELISSA BELL
Primary officer: MELISSA BELL, CEO

How to reach them

WebsiteVisit the charity’s website Phone(312) 948-4600

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PLANTE & MORAN PLLC
NTEE classification: Arts, Culture & Humanities (A340)
IRS tax category: Newspaper Publishers