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 36 reported grant relationships connected to this organization totaling approximately $5.6M.

EIN: 853905902 NEW YORK, NY Latest filing: 2024
Total Revenue$5.9M
Total Expenses$5.9M
Total Assets$8.2M
Grant Records36
Funding Total$5.6M
Filing Years2022–2024

Mission

TO CONNECT AND ENGAGE WITH BLACK COMMUNITIES TO DELIVER TRUSTWORTHY JOURNALISM THAT INFORMS, EMPOWERS, AND CREATES MEANINGFUL CHANGE FOR BLACK PEOPLE IN AMERICA.

Sample Grants Received

$209,125
2024
For grant recipient's exempt purposes
$201,250
2024
PROJECT SUPPORT
$200,000
2024
TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
$113,000
2024
ENVIRONMENTAL PROGRAMS
$100,000

Showing up to 5 of 36 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

For grant recipient's exempt purposes
$1,363,644 5 grants
TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
$1,213,300 5 grants
Arts & Culture
$888,625 3 grants
ENVIRONMENTAL PROGRAMS
$850,000 2 grants
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
$400,000 2 grants

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.

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