National Trust For Local News: $46.1M Revenue, $24.4M Expenses
Brighton, Colorado · EIN 862022385 · Filing year 2023
National Trust For Local News reported $46.1M in total revenue, $24.4M in total expenses, and $40.7M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $371K (0.80% of revenue). NonprofitTruth efficiency grade: A (83/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $46.1M
- Total Expenses
- $24.4M
- Total Assets
- $40.7M
- Reserve Months
- 20.0 months
- Surplus / (Deficit)
- $21.7M
- EIN
- 862022385
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $371K
- Officer Comp % of Revenue
- 0.80%
On the NonprofitTruth efficiency rubric, National Trust For Local News pulls an A — the highest available grade. The 83/100 composite reflects strong financial reserves, controlled officer compensation, and the kind of multi-year financial discipline that grant-makers look for.
At $46.1M in 2023 revenue, National Trust For Local News sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Financial health is a strength: National Trust For Local News carries a healthy operating-reserve cushion against $24.4M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.
Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. National Trust For Local News reported $46.1M in 2023, up notably from the start of the window. Officer compensation is modest relative to organizational size: National Trust For Local News reports $370,540 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $46.1M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. National Trust For Local News sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How National Trust For Local News Compares
National Trust For Local News earns a NonprofitTruth efficiency grade of A (83/100). That is 27 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 0.80% of total revenue. The organization holds 20.0 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, National Trust For Local News reported $46.1M in revenue against $24.4M in total functional expenses for filing year 2023, holding roughly 20.0 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $371K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.80% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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National Trust For Local News has a NonprofitTruth Efficiency Score of A (83/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
National Trust For Local News, Donor FAQ
National Trust For Local News has a NonprofitTruth Efficiency Score of A (83/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
National Trust For Local News reports $371K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.80% of the organization's $46.1M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
National Trust For Local News reported $46.1M in annual revenue and $24.4M in total expenses for filing year 2023. The organization holds $40.7M in total assets.
National Trust For Local News holds approximately 20.0 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its A efficiency grade.
National Trust For Local News is a registered 501(c) organization with EIN 862022385, based in Brighton, Colorado. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.