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Washington, D.C. · Nonprofit

THE AMERICAN PROSPECT INC

THE AMERICAN PROSPECT INC (Washington, D.C.) receives grants from 52 organizations whose IRS filings report $7,804,350 to it, the largest being FREEDOM TOGETHER FOUNDATION ($1,650,000). 28 of them have funded it in more than one year.

Revenue FY2025
$3.0M
Funders on record
52
Grants received
$7.8M
Net assets
$1.3M
28/52 repeat funderspeak grant-dependency 82%
01What it does

What The American Prospect Inc does

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.

As stated on its FY2025 Form 990.

Program

  1. Publishes "the american prospect," a magazine, and related internet website which contains scholarly and literary articles designed to inform the public on public policy. The magazine is distributed and sold throughout the united states and internationally.

    $1,647,208 spent$277,352 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,647,208.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($1.7M) Expenses 100 ($1.8M) Net assets -38 ($-179947)2018 Revenue 145 ($2.5M) Expenses 101 ($1.8M) Net assets 100 ($475k)2019 Revenue 74 ($1.3M) Expenses 82 ($1.5M) Net assets 58 ($276k)2020 Revenue 75 ($1.3M) Expenses 92 ($1.6M) Net assets -17 ($-83084)2021 Revenue 107 ($1.8M) Expenses 94 ($1.7M) Net assets 12 ($57k)2022 Revenue 124 ($2.1M) Expenses 95 ($1.7M) Net assets 100 ($474k)2023 Revenue 91 ($1.5M) Expenses 101 ($1.8M) Net assets 43 ($205k)2024 Revenue 131 ($2.2M) Expenses 109 ($2.0M) Net assets 100 ($475k)2025 Revenue 175 ($3.0M) Expenses 120 ($2.1M) Net assets 277 ($1.3M)
'17'18'19'20'21'22'23'24'25
Revenue (175)Expenses (120)Net assets (277)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 2024 to 2025, from $733k to $1.4M (+94%).

$231k
$846k
$688k
$356k
$510k
$634k
$314k
$733k
$1.4M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 18% · 2022 10%. Grants only. Government contracts and fees sit inside program revenue.

90% of THE AMERICAN PROSPECT INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$88k
’17
$655k
’18
−$199k
’19
−$359k
’20
$137k
’21
$413k
’22
−$261k
’23
$269k
’24
$837k
’25
4.3
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.

Board chair

Ganesh Sitaraman

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed121615182121232023
Joined·+4+2+4+4+0+2+2+4
No longer listed·03110051
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 11 funders to 18 funders, grant income rose $471k → $884k.

13 of 52 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% 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 THE AMERICAN PROSPECT INC’s funders (the co-funder graph). Top 30 of 52 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

THE AMERICAN PROSPECT INC has a broad base — no single funder exceeds 21% 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

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 THE AMERICAN PROSPECT INC.

21%
largest funder
41%
top three
~11
effective funders

Largest funder’s share by year: 2017 42% · 2018 27% · 2019 44% · 2020 19% · 2021 21% · 2022 25% · 2023 23% — 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

39% of THE AMERICAN PROSPECT INC's funders are still giving 3 years after their first grant; 54% 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

THE AMERICAN PROSPECT INC draws 85% of its grant income from funders outside Washington, D.C., across 12 states in all.

VT
WA
IL
NY
MA
PA
NJ
CA
MO
MD
SC
DC

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

’17
’18
’19
’20
’21
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $1.9M arriving through sponsors registered in 6 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

THE AMERICAN PROSPECT INC runs a healthier operating margin than three-quarters of the 3,230 arts & culture nonprofits its size.

Operating margin28% · top quartile
Months of reserve4.3mo · above the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like THE AMERICAN PROSPECT 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 Washington, D.C.

Nationally

05Profile & governance

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

Where the money goes

77% of spending goes to programs.

Program 77%Management 17%Fundraising 6%

Governance

20
board members
85%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

70%

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

Footprint & structure

Files a return copy in 29 states

NH
ND
MN
IL
WI
MI
NY
MA
OR
PA
NJ
RI
CA
UT
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for THE AMERICAN PROSPECT 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 THE AMERICAN PROSPECT INC?
THE AMERICAN PROSPECT INC (Washington, D.C.) receives grants from 52 organizations whose IRS filings report $7,804,350 to it, the largest being FREEDOM TOGETHER FOUNDATION ($1,650,000). 28 of them have funded it in more than one year.
How many funders does THE AMERICAN PROSPECT INC have?
IRS filings report 52 organizations giving $7,804,350 in grants to THE AMERICAN PROSPECT INC, 28 of which have funded it in more than one year.
Who is the largest funder of THE AMERICAN PROSPECT INC?
FREEDOM TOGETHER FOUNDATION is the largest funder on record, with $1,650,000 in grants. The full list of funders is on this page.
How can an organization like THE AMERICAN PROSPECT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. 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 American Prospect →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 52 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 14, 2026. What this page cannot tell you · view filing