THE CHRONICLE OF PHILANTHROPY

EIN: 872037668 501(c)(3) Arts, Culture & Humanities

WASHINGTON, DC

Total Revenue
$8,169,427
Total Expenses
$10,830,550
Total Assets
$8,781,438
Net Assets
$6,625,347
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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
2021
Legal Domicile
DE
Principal Officer
STACY PALMER
Phone
2024661200
Tax Period
2024-04-01 to 2025-03-31

THE CHRONICLE OF PHILANTHROPY, founded in 2021, is a community nonprofit in the Arts, Culture & Humanities sector that reported $8.2M in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $10.8M exceeded revenue, resulting in a 33% operating deficit.

Mission

SEE PART III, LINE 1.

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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 $1,850,000
Program Service Revenue $5,917,580
Investment Income $291,923
Other Revenue $109,924
TOTAL REVENUE $8,169,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,871,887
Fundraising Expenses $503,748
Program Expenses $9,023,879
Other Expenses $3,958,663
TOTAL EXPENSES $10,830,550

Year-over-Year Comparison

2024 2023 Change
Revenue $8,169,427 $16,063,479 -0.5%
Expenses $10,830,550 $8,959,847 +0.2%
Net Income $-2,661,123 $7,103,632 -1.4%
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
10
Independent Members
10
Employees
42
Volunteers
12

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
$924,669
Total Directors
10
$0
Key Employees
4
$807,456
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRABIAN SHORTERS BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JASON SEIFER TREASURER 1.00
Officer Director
$0 $0 $0
AMANDA BARRETT SECRETARY 1.00
Officer Director
$0 $0 $0
ANNA NIRMALA DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL RILEY DIRECTOR 1.00
Director
$0 $0 $0
ANA MARIE ARGILAGOS DIRECTOR 1.00
Director
$0 $0 $0
ROSE CHAN LOUI DIRECTOR 1.00
Director
$0 $0 $0
JESSE MILLER DIRECTOR 1.00
Director
$0 $0 $0
ALEJANDRO AGUIRRE DIRECTOR 1.00
Director
$0 $0 $0
JOHN WOOD DIRECTOR 1.00
Director
$0 $0 $0
STACY PALMER CEO/PRESIDENT 37.50
Officer
$333,411 $59,676 $393,087
RODNEY MAHONE CHIEF REVENUE OFFICER 37.50
Officer
$237,150 $62,609 $299,759
AMY MARKHAM CHIEF OPERATING OFFICER 37.50
Officer
$216,606 $15,217 $231,823
MARGARET FLEMING GLENNON CHIEF PROF. PROG. OFFICER 37.50
Key Emp
$207,071 $15,497 $222,568
MICHAEL BROWN SR. DIR. OF PHIL. (TIL 03/25) 37.50
Key Emp
$185,960 $11,271 $197,231
ADAM NEKOLA SR. DIR. OF TECHNOLOGY 37.50
Key Emp
$165,264 $30,842 $196,106
ANDREW SIMON EDITOR-IN-CHIEF (FROM 04/24) 37.50
Key Emp
$169,125 $22,426 $191,551
ERICA VITALE SALES DIRECTOR 37.50
Highest
$185,971 $34,947 $220,918
NICHOLAS ADAMS SR. DIR. OF MARKET AND AUD. DEVT. 37.50
Highest
$187,419 $19,778 $207,197
TIFFANY STAMPS SALES DIRECTOR 37.50
Highest
$177,933 $23,009 $200,942
NICOLE WALLACE FEATURES EDITOR 37.50
Highest
$153,446 $23,620 $177,066
ROBERT LINDSAY SR. EDITOR FOR SPEC. PROJ. 37.50
Highest
$137,281 $10,064 $147,345
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 $8,169,427 $10,830,550 $8,781,438 $-2,661,123
2025 $8,169,427 $10,830,550 $8,781,438 $-2,661,123
2024 $16,063,479 $8,959,847 $11,708,069 $7,103,632
2023 $835,183 $769,087 $2,312,043 $66,096
2022 $613,750 $211,266 $613,698 $402,484
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