Grist Magazine Inc

EIN: 061664153 501(c)(3) Environment

Seattle, WA

Total Revenue
$10,366,804
Total Expenses
$10,166,181
Total Assets
$11,590,504
Net Assets
$9,813,027
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MA
Principal Officer
Nikhil Swaminathan
Phone
2068762020
Tax Period
2024-10-01 to 2025-09-30

Grist Magazine Inc, founded in 2002, is a mid-sized nonprofit in the Environment sector that reported $10.4M in total revenue in fiscal year 2024.

Mission

Grist is an independent, non profit media organization dedicated to reporting on climate change.

Program Service Accomplishments

Program 1
Expenses: $5,966,306

Publishing climate and sustainability news and commentary: Grist published more than 800 articles on climate and sustainability topics during the fiscal year, ranging from short news items to...

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Publishing climate and sustainability news and commentary: Grist published more than 800 articles on climate and sustainability topics during the fiscal year, ranging from short news items to in-depth interviews and features. The organization reached an average of 2.6m readers per month, including website visitors, email subscribers, and offsite (primarily social-media) audiences.

Program 2
Expenses: $548,945

Fostering civic engagement: Grist's goal is to create a vibrant community of people who support sustainability; make sustainable choices and encourage their communities to do the same; and encourage...

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Fostering civic engagement: Grist's goal is to create a vibrant community of people who support sustainability; make sustainable choices and encourage their communities to do the same; and encourage readers to use social media and other tools to activate their personal networks and to create lasting change.

Program 3
Expenses: $627,999

Train a new generation of journalists: By providing hands-on journalism experience as well as exposure to leading environmental thinkers, the Grist Fellowship Program trains early-career journalists...

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Train a new generation of journalists: By providing hands-on journalism experience as well as exposure to leading environmental thinkers, the Grist Fellowship Program trains early-career journalists to become effective environmental communicators. Grist hosts groups of five fellows for six-month terms. Fellows participate in research and story generation, crafting investigative stories and ground breaking multimedia projects.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,904,409
Program Service Revenue $0
Investment Income $246,179
Other Revenue $216,216
TOTAL REVENUE $10,366,804

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,268,930
Fundraising Expenses $1,359,026
Program Expenses $7,421,900
Other Expenses $1,892,620
TOTAL EXPENSES $10,166,181

Year-over-Year Comparison

2024 2023 Change
Revenue $10,366,804 $10,021,639 +0.0%
Expenses $10,166,181 $9,754,594 +0.0%
Net Income $200,623 $267,045 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Governance

Voting Members
18
Independent Members
17
Employees
68
Volunteers
17

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$513,459
Total Directors
18
$323,152
Key Employees
3
$649,770
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kavita Ramdas Board Chair 2.00
Officer Director
$0 $0 $0
Elise Hu Board Secretary 1.00
Officer Director
$0 $0 $0
Nikhil Swaminathan CEO 45.00
Officer Director
$310,275 $12,877 $323,152
Donna Moodie Board Treasurer 1.00
Officer Director
$0 $0 $0
Charles Giller Founder 1.00
Officer Director
$0 $0 $0
John Alderman Board Member 1.00
Director
$0 $0 $0
Trenton Allen Board Member 1.00
Director
$0 $0 $0
Dana Bourland Board Member 1.00
Director
$0 $0 $0
Susan Chira Board Member 1.00
Director
$0 $0 $0
Michelle Depass Board Member 1.00
Director
$0 $0 $0
C'ardiss Gardner Gleser Board Member 1.00
Director
$0 $0 $0
Kristin Grimm Board Member 1.00
Director
$0 $0 $0
Susan Kaufman Board Member 1.00
Director
$0 $0 $0
Max Moinian Board Member 1.00
Director
$0 $0 $0
Rachel Morello-Frosch Board Member 1.00
Director
$0 $0 $0
Julian Brave Noisecat Board Member 1.00
Director
$0 $0 $0
John Vechey Board Member 1.00
Director
$0 $0 $0
Brady Walkinshaw Board Member 1.00
Director
$0 $0 $0
Rebekah Cardwell Director of Finance & Admin 45.00
Officer
$165,808 $24,499 $190,307
Kat Bagley Editor in Chief 45.00
Key Emp
$173,026 $31,779 $204,805
Natasha Berman COO 45.00
Key Emp
$229,416 $31,886 $261,302
Patrick Schmitt Director of Development 45.00
Key Emp
$167,845 $15,818 $183,663
Jess Stahl Executive Editor, Strategic Initiatives 40.00
Highest
$188,242 $16,634 $204,876
Teresa Chin Executive Editor, Data & Design 40.00
Highest
$137,960 $5,984 $143,944
Megan Merrigan Director of Innovation and Growth 40.00
Highest
$146,708 $14,972 $161,680
Mignon Khargie Art Director 40.00
Highest
$126,596 $14,168 $140,764
Tristan Ahtone Editor at Large 40.00
Highest
$133,667 $14,451 $148,118
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $10,366,804 $10,166,181 $11,590,504 $200,623
2024 $10,021,639 $9,754,594 $10,955,941 $267,045
2023 $8,595,247 $8,930,092 $10,278,613 $-334,845
2022 $11,337,542 $8,458,734 $10,095,645 $2,878,808
2021 $8,804,912 $8,040,435 $8,834,891 $764,477
2020 $3,503,892 $6,293,612 $7,708,689 $-2,789,720
2019 $11,825,370 $4,706,016 $9,659,085 $7,119,354
2018 $3,339,763 $3,848,144 $2,338,435 $-508,381
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