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Puerto Rico · Nonprofit

CENTRO DE PERIODISMO INVESTIGATIVO INC

CENTRO DE PERIODISMO INVESTIGATIVO INC (Puerto Rico) receives grants from 30 organizations whose IRS filings report $5,940,506 to it, the largest being AMERICAN JOURNALISM PROJECT INC ($915,000). 20 of them have funded it in more than one year.

Revenue FY2024
$2.3M
Funders on record
30
Grants received
$5.9M
Net assets
$2.7M
20/30 repeat funderspeak grant-dependency 65%
01What it does

What Centro de Periodismo Investigativo Inc does

Mission

Be an instrument to produce, promote and defend investigative journalism and the publics right to access information.

As stated on its FY2024 Form 990.

Programs

  1. JOURNALISM: CPIs journalism work has been significant in the production, promotion, and defense of investigative journalism in Puerto Rico and across the Americas. Our efforts have contributed to holding those in power accountable. As a strategy to achieve our objectives, we join forces with media partners in Puerto Rico, the U.S. mainland, and with journalists in the Caribbean. In 2024 reporting continued in health, economy, education, housing, climate and environmental stories, which addressed issues impacting our communities daily lives. Our publications increased and our reach grew. Our unique website visitors grew 23% this year and newsletter subscriber grew by 14%. We retained a partnership with Telemundo/Rayos X, this allows us to participate in TV every week. We also maintained our gender issues unit as well as our public education unit, and added a permanent health reporting beat.

    $1,053,940 spent
    63% of program spending
  2. TRAINING INSTITUTE: The institute offers professional education to journalism students and professionals in investigative journalism. The institute membership for this year was 89 members. Also, we trained 20 young people from disadvantaged communities in vieques offering them media literacy and citizen journalism skills.

    $468,087 spent
    28% of program spending
  3. TRANSPARENCY AND LITIGATION: Our Transparency program advances our mission of providing access to information and transparency intended to have more knowledgeable citizens capable of holding the powerful accountable. The Transparency Program team works with the support of the Legal Clinic of the Inter-American University School of Law, including litigation when necessary. We have also hired an in house lawyer to work on research, advise and strategic litigation cases, community outreach, and offering workshops on access to information. Additionally, our team published the first searchable database of public documents regarding the Fiscal Control Board in Puerto Rico, a unique and valuanle data instrument for journalists, researchers, policymakers, academics, transparency organizations and other groups.

    $153,273 spent
    9% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,675,300.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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.

100 = 20202020 Revenue 100 ($2.1M) Expenses 100 ($1.2M) Net assets 100 ($2.1M)2021 Revenue 66 ($1.4M) Expenses 120 ($1.4M) Net assets 98 ($2.0M)2022 Revenue 68 ($1.4M) Expenses 140 ($1.7M) Net assets 92 ($1.9M)2023 Revenue 121 ($2.5M) Expenses 162 ($1.9M) Net assets 124 ($2.6M)2024 Revenue 109 ($2.3M) Expenses 184 ($2.2M) Net assets 127 ($2.7M)
20202021202220232024
Revenue (109)Expenses (184)Net assets (127)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.0M to $2.7M (+35%).

$2.1M
$2.1M
$2.0M
$2.7M
$2.7M
20202021202220232024
Total assetsTotal liabilities

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.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

99% of CENTRO DE PERIODISMO INVESTIGATIVO INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$877k
’20
−$63k
’21
−$271k
’22
$566k
’23
$67k
’24
6.0
months of
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

Carla Santos

Executive Director

As listed on its FY2024 Form 990.

20202021202220232024
Listed1111111010
Joined·+0+0+0+1
No longer listed·0011
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 16 funders, grant income rose $166k → $1.6M.

8 of 30 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% 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 CENTRO DE PERIODISMO INVESTIGATIVO INC’s funders (the co-funder graph). 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

CENTRO DE PERIODISMO INVESTIGATIVO INC has a broad base — no single funder exceeds 15% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

68% 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 CENTRO DE PERIODISMO INVESTIGATIVO INC.

15%
largest funder
39%
top three
~12
effective funders

Largest funder’s share by year: 2017 37% · 2018 32% · 2019 41% · 2020 46% · 2021 41% · 2022 50% · 2023 15% — 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.

How long its funders stay

33% of CENTRO DE PERIODISMO INVESTIGATIVO INC's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

CENTRO DE PERIODISMO INVESTIGATIVO INC draws 100% of its grant income from funders outside Puerto Rico, across 7 states in all.

MN
IL
NY
MA
CA
DC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Puerto Rico out of state home

Funder states come from each funder’s own filing. $1.8M arriving through sponsors registered in 5 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.

04Its place in the field

Against its field

CENTRO DE PERIODISMO INVESTIGATIVO INC runs a healthier operating margin than half of the 5,136 arts & culture nonprofits its size.

Operating margin3% · above the median
Months of reserve6.0mo · above the median
Revenue growth (annualized)2% · below the median

this organization peer median middle 50% of peers· 5,136 arts & culture nonprofits $1M–$10M, FY2024

Organizations like CENTRO DE PERIODISMO INVESTIGATIVO 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 Puerto Rico

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 12%Fundraising 12%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

93%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

Screen this organization

A dated, signed PDF of the compliance screen for CENTRO DE PERIODISMO INVESTIGATIVO 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 CENTRO DE PERIODISMO INVESTIGATIVO INC?
CENTRO DE PERIODISMO INVESTIGATIVO INC (Puerto Rico) receives grants from 30 organizations whose IRS filings report $5,940,506 to it, the largest being AMERICAN JOURNALISM PROJECT INC ($915,000). 20 of them have funded it in more than one year.
How many funders does CENTRO DE PERIODISMO INVESTIGATIVO INC have?
IRS filings report 30 organizations giving $5,940,506 in grants to CENTRO DE PERIODISMO INVESTIGATIVO INC, 20 of which have funded it in more than one year.
Who is the largest funder of CENTRO DE PERIODISMO INVESTIGATIVO INC?
AMERICAN JOURNALISM PROJECT INC is the largest funder on record, with $915,000 in grants. The full list of funders is on this page.
How can an organization like CENTRO DE PERIODISMO INVESTIGATIVO INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Puerto Rico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 30 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