The Tiny News Collective Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$6,584,054
Contributions
>99%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$2,670,154
Grants
61%
Salaries & Benefits
19%
Fees to Service Providers
14%
Other
6%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,927,979
$6,552,549
+240%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$31,505
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$1,927,979
$6,584,054
+242%
Expenses
2023
2024
Change
Grants
$932,067
$1,622,574
+74%
Benefits to Members
$0
$0
-
Salaries & Benefits
$432,176
$513,214
+19%
Fees to Service Providers
$102,047
$367,673
+260%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$28,381
$18,448
-35%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$26,646
$148,245
+456%
Total Expenses
$1,521,317
$2,670,154
+76%
Net income
2023
2024
Change
Net income
+$406,662
+$3,913,900
+862%
Functional Expenses
Summary
2023
2024
Change
Program
$1,326,504
$2,283,344
+72%
Admin
$118,303
$316,355
+167%
Fundraising
$76,510
$70,455
-8%
Total Expenses
$1,521,317
$2,670,154
+76%
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