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The American Prospect Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521617061 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is The American Prospect Inc?

The American Prospect Inc, located at 1225 EYE STREET NW 600, Washington DC 20005, is a nonprofit organization that publishes "The American Prospect," a magazine and related internet website. This publication features scholarly and literary articles aimed at informing the public on public policy issues. With a mission to make a difference, The American Prospect employs narrative storytelling to illuminate complex issues and guide Americans on how to bring about positive change. The organization has a small workforce of 15 individuals dedicated to this mission.


Official website here: www.prospect.org

Is The American Prospect Inc legitimate?

The American Prospect Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Prospect Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $413,122
Professional Fundraising Fees: $0
Other Salaries and Wages: $688,527

For more financial information, click here


Official website here: www.prospect.org

What is the mission statement of The American Prospect Inc?

The American Prospect Inc's mission is centered around making a positive impact. They achieve this by explaining progressive ideas using narrative storytelling to shed light on complex issues. Their goal is to educate Americans on how to bring about change. They do this by publishing "The American Prospect," a magazine and related internet website, containing scholarly and literary articles that inform the public on public policy. The magazine is distributed and sold both domestically and internationally.


Official website here: www.prospect.org

What is the revenue of The American Prospect Inc?

The American Prospect Inc's revenue in 2023 was $1,548,270.


Official website here: www.prospect.org

Who are the executives of The American Prospect Inc and what are their salaries?

The average compensation at The American Prospect Inc during 2023 was $73,443. There are 15 employees and 19 volunteers at The American Prospect Inc.

Here are 23 key members and their salaries:


David Dayen (President)
  • Compensation: $132,278
  • Related: $0
  • Other: $24,208
Ellen Meany (Publisher)
  • Compensation: $119,219
  • Related: $0
  • Other: $15,073
Robert Kuttner (Co-Founder, Director)
  • Compensation: $110,000
  • Related: $0
  • Other: $0
Amy Hanauer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles Rapoport (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adele Simmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daaiyah Bilal-Threats (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ganesh Sitaraman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Hacker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Shenk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanti Fry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Greenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stern (Treasurer & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Starr (Co-Founder, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Dixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Hart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Javier Morillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Collins (Director (Until June 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Spriggs (Director (Until June 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Meyerson (Editor-At-Large)
  • Compensation: $107,164
  • Related: $0
  • Other: $0


Official website here: www.prospect.org

Where can I find the form 990 for The American Prospect Inc?

The American Prospect Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.prospect.org

Learn more at the official website: www.prospect.org

Mission Statement of The American Prospect Inc

The American Prospect Inc is a distinguished organization committed to making a significant impact. Their mission is to enlighten Americans on progressive ideas, utilizing narrative storytelling to illuminate complex issues. This approach aims to inform the public on how to bring about positive change. The American Prospect Inc achieves this mission through the publication of "The American Prospect," a magazine and related internet website. These platforms feature scholarly and literary articles, serving to educate the public on various public policy matters. The magazine is widely distributed and sold across the United States and internationally.

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Impact




October, 2024

The American Prospect Inc significantly impacts public discourse by elucidating progressive ideas through narrative storytelling. It tackles complex issues, making them accessible and engaging to a broad audience, thereby fostering informed discussions on public policy. By publishing "The American Prospect," a magazine that features scholarly and literary articles, it serves as a critical resource for individuals seeking to understand political and social dynamics in the United States and beyond.

The organization not only informs but also empowers Americans by providing insights into how they can contribute to positive change. Its commitment to articulating progressive viewpoints enhances civic engagement, encouraging readers to think critically about governance and society. This focus on narrative helps to humanize policy debates, making them relatable and stimulating community dialogue around essential issues, thus driving a more informed and active citizenry.

The reach of its content, distributed both nationally and internationally, broadens its influence, making it a key player in shaping the narrative around progressive policies and ideas. Through its efforts, The American Prospect Inc contributes to a more nuanced understanding of complex societal issues, ultimately aiming to inspire action and improve outcomes for individuals and communities.




This information is meant to be a general summary of The American Prospect Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,548,270 (2023)
Expenses
$1,809,282 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $342
  • Program Service Revenue: $347,257
  • Gross Receipts: $1,586,854

Assets and Liabilities:

  • Total Assets: $314,277
  • Total Liabilities: $108,868
  • Net Assets: $205,409

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUBSCRIPTIONS

Revenue

$310,958

ADVERTISING INCOME

Revenue

$35,165

NEWSSTAND SALES & MAIL

Revenue

$1,134

Organization Details

Founding Year

1989

Principal Officer

David Dayen

NTEE Category

Code: A330 - Arts

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