INTERNEWS NETWORK
INTERNEWS NETWORK
INTERNEWS NETWORK
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$111,303,831
Government Grants
76%
Contributions
24%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$111,580,468
Salaries & Benefits
39%
Grants
35%
Fees to Service Providers
15%
Other
7%
Offices, Occupancy & IT
4%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$29,876,020
$26,600,798
-11%
Government Grants
$93,974,716
$84,589,566
-10%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$56,875
$113,467
+100%
Other
$484
$0
-100%
Total Revenues
$123,908,095
$111,303,831
-10%
Expenses
2023
2024
Change
Grants
$42,412,121
$39,392,360
-7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$45,367,964
$43,871,154
-3%
Fees to Service Providers
$20,874,306
$16,619,465
-20%
Advertising & Promotion
$31,671
$12,169
-62%
Offices, Occupancy & IT
$4,835,819
$3,983,400
-18%
Interest
$238
$0
-100%
Depreciation
$69,728
$183,935
+164%
Other
$9,860,533
$7,517,985
-24%
Total Expenses
$123,452,380
$111,580,468
-10%
Net income
2023
2024
Change
Net income
+$455,715
-$276,637
-161%
Functional Expenses
Summary
2023
2024
Change
Program
$108,475,946
$99,458,464
-8%
Admin
$14,934,109
$12,122,004
-19%
Fundraising
$42,325
$0
-100%
Total Expenses
$123,452,380
$111,580,468
-10%
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