THE AMERICAN PROSPECT INC

EIN: 521617061 501(c)(3) Arts, Culture & Humanities

WASHINGTON, DC

Total Revenue
$2,986,533
Total Expenses
$2,149,316
Total Assets
$1,423,327
Net Assets
$1,315,378
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
DC
Principal Officer
DAVID DAYEN
Phone
2027760730
Tax Period
2024-07-01 to 2025-06-30

THE AMERICAN PROSPECT INC, founded in 1989, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $837K, a strong 28% operating margin.

Mission

THE AMERICAN PROSPECT'S MISSION IS TO ADVANCE IDEAS THROUGH INDEPENDENT JOURNALISM THAT INFORMS, CHALLENGES, AND INSPIRES OUR READERS. WE SEEK TO PROVIDE DEEP ANALYSIS, INVESTIGATIVE REPORTING, AND COMMENTARY THAT STRENGTHENS DEMOCRACY.

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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 $2,699,136
Program Service Revenue $277,352
Investment Income $2,012
Other Revenue $8,033
TOTAL REVENUE $2,986,533

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,382,951
Fundraising Expenses $132,026
Program Expenses $1,647,208
Other Expenses $766,365
TOTAL EXPENSES $2,149,316

Year-over-Year Comparison

2024 2023 Change
Revenue $2,986,533 $2,226,662 +0.3%
Expenses $2,149,316 $1,957,223 +0.1%
Net Income $837,217 $269,439 +2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
17
Employees
17
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
$312,219
Total Directors
22
$433,253
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID DAYEN PRESIDENT 40.00
Officer Director
$136,432 $39,306 $175,738
ROBERT KUTTNER CO-FOUNDER, DIRECTOR 40.00
Director
$121,034 $0 $121,034
MITCHELL GRUMMON PUBLISHER 40.00
Officer Director
$72,668 $5,824 $78,492
ELLEN J MEANY PUBLISHER UNTIL JUL 2024 40.00
Officer Director
$46,744 $11,245 $57,989
GANESH SITARAMAN CHAIR 2.00
Officer Director
$0 $0 $0
MICHAEL STERN TREASURER 1.00
Officer Director
$0 $0 $0
PAUL STARR CO-FOUNDER, DIRECTOR 2.00
Director
$0 $0 $0
AMY HANAUER SECRETARY 1.00
Officer Director
$0 $0 $0
DERRICK JACKSON DIRECTOR 1.00
Director
$0 $0 $0
MILES RAPOPORT DIRECTOR 1.00
Director
$0 $0 $0
ADELE SIMMONS DIRECTOR 1.00
Director
$0 $0 $0
JACOB HACKER DIRECTOR 1.00
Director
$0 $0 $0
SHANTI FRY DIRECTOR 1.00
Director
$0 $0 $0
STAN GREENBERG DIRECTOR 1.00
Director
$0 $0 $0
REBECCA DIXON DIRECTOR 1.00
Director
$0 $0 $0
JON HART DIRECTOR 1.00
Director
$0 $0 $0
RANDALL KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
JAVIER MORILLO DIRECTOR UNTIL JUL 2024 1.00
Director
$0 $0 $0
VALERIE WILSON DIRECTOR 1.00
Director
$0 $0 $0
ELI LUBEROFF DIRECTOR 1.00
Director
$0 $0 $0
LINDSAY OWENS DIRECTOR 1.00
Director
$0 $0 $0
DAN CANTOR DIRECTOR 1.00
Director
$0 $0 $0
HAROLD MEYERSON EDITOR-AT-LARGE 40.00
Highest
$112,496 $627 $113,123
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 $2,986,533 $2,149,316 $1,423,327 $837,217
2024 No data No data No data No data
2023 $1,548,270 $1,809,282 $314,277 $-261,012
2022 $2,115,851 $1,703,051 $633,527 $412,800
2021 $1,818,086 $1,681,381 $509,786 $136,705
2020 $1,280,434 $1,639,729 $355,528 $-359,295
2019 $1,266,789 $1,466,000 $688,195 $-199,211
2018 $2,463,884 $1,808,515 $846,148 $655,369
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