NATIONAL ASSOCIATION OF BLACK JOURNALISTS
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$5,912,575
Contributions
46%
Program Services
38%
Investments
9%
Membership Dues
6%
Other
2%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024
$5,687,441
Other
65%
Salaries & Benefits
22%
Fees to Service Providers
12%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,720,649
$2,691,434
-1%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$2,040,246
$2,264,373
+11%
Membership Dues
$316,683
$339,702
+7%
Investments
$486,682
$506,760
+4%
Other
$135,633
$110,306
-19%
Total Revenues
$5,699,893
$5,912,575
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,248,703
$1,260,938
+1%
Fees to Service Providers
$739,533
$679,950
-8%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$64,643
$51,182
-21%
Interest
$0
$0
-
Depreciation
$5,581
$8,148
+46%
Other
$3,305,868
$3,687,223
+12%
Total Expenses
$5,364,328
$5,687,441
+6%
Net income
2023
2024
Change
Net income
+$335,565
+$225,134
-33%
Functional Expenses
Summary
2023
2024
Change
Program
$3,708,813
$3,944,840
+6%
Admin
$1,655,515
$1,742,601
+5%
Fundraising
$0
$0
-
Total Expenses
$5,364,328
$5,687,441
+6%
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