New York · Nonprofit
CAPITAL B NEWS INC
CAPITAL B NEWS INC (New York) receives grants from 51 organizations whose IRS filings report $18,611,392 to it, the largest being THE FORD FOUNDATION ($2,250,000). 31 of them have funded it in more than one year.
- Revenue FY2024
- $5.9M
- Funders on record
- 51
- Grants received
- $19M
- Net assets
- $7.9M
What Capital B News Inc does
Mission
To connect and engage with black communities to deliver trustworthy journalism that informs, empowers, and creates meaningful change for black people in america.
As stated on its FY2024 Form 990.
Programs
Capital b strengthened its local newsroom teams through the addition of an atlanta editor and enhanced its community engagement initiatives. These efforts supported the production of original, impactful news coverage focused on serving and informing black communities with trusted, relevant journalism.
$1,495,093 spent43% of program spendingCapital b strengthened its editorial operations executive editor and a deputy national editor, and produced impactful journalism with a nationwide live events tour designed to surface and facilitate discussion around local and national political issues.
$971,631 spent28% of program spendingCapital b expanded its audience reach by organizing team summits to align strategy and collaboration, increasing its social media engagement, and hiring a dedicated team leader to direct audience growth and innovation.
$1,023,249 spent$31,908 earned by the program29% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,489,973.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $5.1M to $8.2M (+60%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
99% of CAPITAL B NEWS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Lauren Williams
President & CEO
Board chair
Maurisse Johnson
Finance chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2023: the base broadened from 15 funders to 26 funders, grant income rose $3.4M → $4.0M.
11 of 51 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CAPITAL B NEWS INC’s funders (the co-funder graph). Top 30 of 51 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CAPITAL B NEWS INC has a broad base — no single funder exceeds 12% of grant income, and it takes 8 funders to reach half.
the vertical line marks half of all grant income — 8 funders to its left
35% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CAPITAL B NEWS INC.
Largest funder’s share by year: 2021 39% · 2022 29% · 2023 13% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
CAPITAL B NEWS INC draws 76% of its grant income from funders outside New York, across 19 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.8M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CAPITAL B NEWS INC holds deeper cash reserves than three-quarters of the 5,136 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 5,136 arts & culture nonprofits $1M–$10M, FY2024
Organizations like CAPITAL B NEWS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
59% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 9 states
Screen this organization
A dated, signed PDF of the compliance screen for CAPITAL B NEWS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CAPITAL B NEWS INC?
- CAPITAL B NEWS INC (New York) receives grants from 51 organizations whose IRS filings report $18,611,392 to it, the largest being THE FORD FOUNDATION ($2,250,000). 31 of them have funded it in more than one year.
- How many funders does CAPITAL B NEWS INC have?
- IRS filings report 51 organizations giving $18,611,392 in grants to CAPITAL B NEWS INC, 31 of which have funded it in more than one year.
- Who is the largest funder of CAPITAL B NEWS INC?
- THE FORD FOUNDATION is the largest funder on record, with $2,250,000 in grants. The full list of funders is on this page.
- How can an organization like CAPITAL B NEWS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Capital B News →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 51 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing