Mission
TO CONNECT AND ENGAGE WITH BLACK COMMUNITIES TO DELIVER TRUSTWORTHY JOURNALISM THAT INFORMS, EMPOWERS, AND CREATES MEANINGFUL CHANGE FOR BLACK PEOPLE IN AMERICA.
Public Charity
CAPITAL B NEWS INC
Based in NEW YORK, NY, CAPITAL B NEWS INC operates as a Public Charity. The organization reported $5.9M in revenue, $5.9M in expenses, $8.2M in total assets for fiscal year 2024. Imperigo tracks 38 reported grant relationships connected to this organization totaling approximately $5.7M.
EIN: 853905902
NEW YORK, NY
Printing & Publishing
NTEE: A33
Latest filing: 2024
Total Revenue$5.9M
Total Expenses$5.9M
Total Assets$8.2M
Grant Records38
Funding Total$5.7M
Filing Years2022–2024
Where $100 goes at Capital B News Inc
How Capital B News Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$61
Programs
the work itself
$27
Management
running the organization
$12
Fundraising
raising the next dollar
Inside the $61 for programs
$26
Capital b strengthened its local newsroom teams through the addition of an atlanta editor and enhanced its community engagement initiatives
$18
Capital 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…
$17
Capital 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…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PROGRAM SUPPORT
$23,545
Arts & Culture
$209,125
For grant recipient's exempt purposes
$201,250
PROJECT SUPPORT
$200,000
TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
$113,000
Showing up to 5 of 38 total records — full history available with membership.
Officers & Directors
MANAGING EDITOR OF LOCAL
Adeshina Emmanuel
TREASURER/SECRETARY/CAO
Akoto Ofori-Atta
NATIONAL CRIMINAL JUSTICE
Christina Carrega
NATIONAL EDITOR
Dalila Paul
CHIEF REVENUE OFFICER OF R
Gillian White
ATLANTA EDITOR
Keith Reed
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $5.9M | $5.9M | $8.2M |
| 2023 | $4.6M | $4.6M | $7.9M |
| 2022 | $6.6M | $3.5M | $8.2M |
Between 2022 and 2024, reported annual revenue declined from $6.6M to $5.9M (-11%), with total assets most recently reported at $8.2M.
Interactive year-over-year charts and full filing details available with membership.