Overview
What is Capital & Main?
Capital & Main is a distinguished, award-winning nonprofit organization based in Los Angeles, California. With a dedicated workforce of ten individuals, their primary focus is on producing investigative reporting, news features, and analysis on pressing issues such as economic inequality, climate change, renewable energy, healthcare, and government outsourcing. Their reporting, which has been co-published in numerous national and regional outlets, has had significant impacts. For instance, an investigation into lead contamination triggered legislation to strengthen worker protections in California, and their coverage of a high-stakes ballot measure in Colorado contributed to its defeat. Capital & Main's impactful reporting has earned them over 200 awards in the past five years, including the Best in the West Prize and several awards from the Society for Advancing Business Editing and Writing.
Official website here: www.capitalandmain.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Capital & Main has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization demonstrates exceptional governance with a fully independent board of directors and robust oversight practices, including comprehensive financial audits. Their commitment to transparency is reinforced by the availability of board meeting minutes and the provision of tax forms to board members prior to filing.
However, there are notable areas for improvement, particularly concerning their policy framework. The absence of a whistleblower policy and a document retention and destruction policy has been highlighted, which may expose the organization to potential risks in governance. Despite these shortcomings, the organization maintains a healthy financial status, with a high program expense ratio and a favorable liabilities to assets ratio.
Overall, Capital & Main's strong financial management and governance practices suggest a reliable nonprofit, but addressing the gaps in policy could enhance their accountability and further solidify their reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Capital & Main legitimate?
Capital & Main is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital & Main 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: $287,953
Professional Fundraising Fees: $0
Other Salaries and Wages: $630,865
For more financial information, click here
Official website here: www.capitalandmain.com
What is the mission statement of Capital & Main?
Capital & Main is a nonprofit publication that focuses on investigative reporting, news features, and analysis on various issues such as economic inequality, climate change, renewable energy, healthcare, and government outsourcing. Their mission is to produce fact-based reporting that informs and influences public conversations on these topics, reflecting a diverse set of voices and examining economic and political power. They have published several impactful reporting projects, including an investigation into lead contamination that led to the strengthening of protection laws for workers in California. Capital & Main's reporting has also contributed to the defeat of controversial ballot measures and significant fines against fossil fuel companies. Their stories are widely distributed and frequently cited by leading publications.
Official website here: www.capitalandmain.com
Who is the CEO of Capital & Main?
Danny Feingold is the Executive Director of Capital & Main.
Official website here: www.capitalandmain.com
What is the revenue of Capital & Main?
Capital & Main's revenue in 2022 was $3,066,722.
Official website here: www.capitalandmain.com
Who are the executives of Capital & Main and what are their salaries?
The average compensation at Capital & Main during 2022 was $91,882. There are 10 employees and 11 volunteers at Capital & Main.
Here are 13 key members and their salaries:
- Compensation: $148,883
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- Other: $35,993
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- Compensation: $73,586
- Related: $0
- Other: $29,491
Official website here: www.capitalandmain.com
Where can I find the form 990 for Capital & Main?
Capital & Main's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capitalandmain.com
Learn more at the official website: www.capitalandmain.com
Mission Statement of Capital & Main
Capital & Main is a renowned, impact-driven nonprofit publication that focuses on producing investigative reporting, news features, and analysis on various pressing issues. Its primary areas of concern include economic inequality, climate change, renewable energy, healthcare, and government outsourcing. The organization's mission is to provide fact-based reporting that reflects a diverse set of voices and informs and influences the public conversation on these topics.
Capital & Main has shown significant impact in its reporting. For instance, an investigation into lead contamination led to the drafting and passage of legislation strengthening worker protections in California. Another investigation played a critical role in the withdrawal of Andrew Puzder, Donald Trump's first Labor Secretary nominee. Moreover, Capital & Main's coverage of a high-stakes Colorado ballot measure funded by the oil and gas industry contributed to the measure's defeat, and its reporting on the oil and gas industry in New Mexico led to large fines against two fossil fuel companies.
Capital & Main's reporting is widely distributed and co-published in numerous national and regional outlets, including USA Today, The Guardian, Rolling Stone, Fortune, Fast Company, Newsweek, The American Prospect, and many others. Its stories are frequently cited by leading publications such as the Los Angeles Times, The New York Times, Politico, and others. Additionally, Capital & Main's coverage is co-published in a large number of outlets that serve diverse communities, and is widely read and distributed by grassroots leaders and policy experts. In the past five years, Capital & Main has won over 200 awards, including a Best in the West Prize and several awards from the Society for Advancing Business Editing and Writing.
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Impact
July, 2024
Capital & Main has a significant impact on society through its award-winning investigative reporting and news features. By focusing on critical issues such as economic inequality, climate change, renewable energy, healthcare, and government outsourcing, Capital & Main informs and influences public conversation. Their reporting has led to tangible outcomes, such as triggering legislation to protect workers from lead contamination and contributing to the defeat of high-stakes ballot measures funded by the oil and gas industry.
Furthermore, Capital & Main's stories are co-published in numerous national and regional outlets, reaching a diverse audience and driving discussions on vital topics. With a track record of winning over 200 awards, including recognition from prestigious organizations, Capital & Main has established itself as a trusted source of impactful journalism.
This information is meant to be a general summary of Capital & Main. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $3,167,209
Assets and Liabilities:
- Total Assets: $1,899,295
- Total Liabilities: $464,689
- Net Assets: $1,434,606
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Organization Details
Founding Year
2015
Phone
(323) 315-7578Principal Officer
Danny Feingold
Main Address
1910 W SUNSET BLVD 740, LOS ANGELES, CA, 90026
Website
www.capitalandmain.comNTEE Category
Code: A33 - Arts
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