POOR MAGAZINE INC

EIN: 943330014 501(c)(3) Arts, Culture & Humanities

OAKLAND, CA

Total Revenue
$292,807
Total Expenses
$420,576
Total Assets
$2,106,513
Net Assets
$2,106,513
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
CA
Principal Officer
LISA GRAY GARCIA
Phone
4158636306
Tax Period
2023-01-01 to 2023-12-31

POOR MAGAZINE INC, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $293K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $421K exceeded revenue, resulting in a 44% operating deficit.

Mission

All of Poor Magazine's programs are focused on providing community based media. The goal is to create access for silenced voices of people of color, elderly and disabled living in poverty.2023 has been a beautiful, painful, and herstoric year at POOR Magazine. In the midst of the year's many traumas, we have continued doing what we always have: fighting to dismantle the lies of krapitalism and wealth-hoarding from the bottom up and responding to the needs of poverty skolaz across Pachamama. Here are some 2023 highlights: We moved our 15th resident into HOMEFULNESS #1 DEECOLONIZE ACADEMY is in our 10th year with graduates becoming teachers 12th year of SLIDING SCALE CAF, a healthy food, groceries, diapers & media, support radical redistribution (mutual aid) for deep East Oakland every Thursday Continued in-person People Skool for East Oakland poverty skolaz with Theatre of the Poor and Po Peoples Radio workshop series Led a ceremony & press conference to propose Home

Program Service Accomplishments

Program 1
Expenses: $353,303

*We moved our 15th resident into HOMEFULNESS #1 *Led a ceremony & press conference to propose Homefulness in occupied Yelamu (SF)* Homefulness #2 in Deep East Huichin (Oakland) to permanently house...

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*We moved our 15th resident into HOMEFULNESS #1 *Led a ceremony & press conference to propose Homefulness in occupied Yelamu (SF)* Homefulness #2 in Deep East Huichin (Oakland) to permanently house our relatives: This year Wood Street faced an unlawful eviction and brutal demolition of a beautiful community that was built by houseless people to house themselves. Poor Magazine and Wood Street Commons herstorically broke ground on Homefulness #2 this year and will continue building next year.

Program 2

*DEECOLONIZE ACADEMY is in our 10th year with graduates becoming teachers*Continued in-person People Skool for East Oakland poverty skolaz with Theatre of the Poor and Po Peoples Radio workshop...

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*DEECOLONIZE ACADEMY is in our 10th year with graduates becoming teachers*Continued in-person People Skool for East Oakland poverty skolaz with Theatre of the Poor and Po Peoples Radio workshop series* The Po Poets and Poverty Skola authors of Poor Press (www.poorpress.net) are finalizing their books, poems and anthologies to be released in February 2024* We held TWO People Skool seminars for people with race, class, and/or formal education privilege.* Graduated 8 new Houseless/no-income writers, reporters and radio producers & facilitated the launching of four new poverty skola-led podcasts/radio broadcasts: We r All Connected, The Peoples Botnica, Dr. Sweets Critique, & In the Spirit of Nat Turner. Listen to PNNKEXU 96.1FM every Tuesday & Thursday for multi- generational radio programming.

Program 3

*12th year of SLIDING SCALE CAF, a healthy food, groceries, diapers & media, support radical redistribution (mutual aid) for deep East Oakland every Thursday* Crushing Wheelchairs was performed live...

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*12th year of SLIDING SCALE CAF, a healthy food, groceries, diapers & media, support radical redistribution (mutual aid) for deep East Oakland every Thursday* Crushing Wheelchairs was performed live on stage movie coming in 2024: We produced and staged 3 sold out productions of the original show, Crushing Wheelchairs, with an all Houseless cast honoring ancestors of homelessness, poLice terror and sweeps. It premiered in February in SF and Oakland, and was also performed in Vallejo. The Crushing Wheelchairs narrative film will be released in 2024. Stay connected to learn more!* Stolen Land/Hoarded Resources UnTours Across Turtle Island: POOR Magazine went on the Road for an UnTour to occupied Tongva and Chumash territory aka Beverly Hills. We walked thru wealth-hoarder neighborhoods on stolen indigenous land to share the medicine of radical redistribution and comeunity reparations. We also did UnTours in Chief Siaal (so-called Seattle) for a Homefulness in Duwamish territory

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $290,615
Program Service Revenue $0
Investment Income $0
Other Revenue $2,192
TOTAL REVENUE $292,807

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $353,303
Other Expenses $420,576
TOTAL EXPENSES $420,576

Year-over-Year Comparison

2023 2022 Change
Revenue $292,807 $584,701 -0.5%
Expenses $420,576 $423,613 0.0%
Net Income $-127,769 $161,088 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Gray-Garcia CEO 40.00
Director
$0 $0 $0
Jean Ishibashi CFO 5.00
Director
$0 $0 $0
Joseph Bolden Secretary 5.00
Director
$0 $0 $0
Leroy F Moore Director 5.00
Director
$0 $0 $0
Diana Vielmann Director 5.00
Director
$0 $0 $0
Muteado Silencio Director 5.00
Director
$0 $0 $0
Tiburcio Garcia Director 5.00
Director
$0 $0 $0
Osha Neuman Director 5.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $292,807 $420,576 $2,106,513 $-127,769
2022 $584,701 $423,613 $2,234,282 $161,088
2021 $600,064 $382,767 $2,073,194 $217,297
2020 $557,568 $466,606 $1,855,897 $90,962
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