Nurtures visual storytelling to inform, connect, and transform communities through art, journalism, and social justice.
For fiscal year 2020 it reported $1.2M in revenue, $976K in expenses, and $555K in net assets.Pt I
Where the money goes · FY2020
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$976K
Pt IX · Ln 25
Net assets
$555K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $221K
Where spending went · Part IX cols B–D
85%
Program services $0.85 Management & general $0.04 Fundraising $0.11
Program efficiency
85%
of spending reaches programs
Operating runway
8.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2020 · Form 990
Revenue
$1.2M
FY2020
$3.7M$1.9M$0
FY2020FY2024
Expenses
$976K
FY2020
$3.3M$1.6M$0
FY2020FY2024
Total assets
$688K
FY2020
$2.8M$1.4M$0
FY2020FY2024
Total liabilities
$133K
FY2020
$225K$112K$0
FY2020FY2024
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$976K
Pt IX · Ln 25
Net assets
$555K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$221K
Total assetsPt X · Ln 16$688K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III
Where the work happens
3 program services account for $828K of program spending, described in the organization's own filed words · FY2020.
01
CatchLight Local is a new model for photojournalism at the local level aimed at supporting and strengthening connections between emerging visual journalists, BIPOC and historically excluded communities, and newsrooms.
$393Kprogram expense
02
The CatchLight Fellowship awards storytellers who use visual art to spark new conversations, engage communities, and whose work is poised to be significantly amplified by collaboration, mentorship, and networking with a $30,000 award.
$285Kprogram expense
03
Our convenings connect CatchLights fellowship programs, the broader photographic community, youth, and the general public. These free, public programs (panel discussions, portfolio reviews, networking opportunities, photowalks, and project presentations) are designed to connect, inspire, and educate individuals.
Elodie Mailliet Storm’s $287K as CEO
is at the 96th percentile of top reported officer pay among 3916 $1–10M arts & culture nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
Individual Elodie Mailliet · Reported title CEO · Highest reported compensation $209K · Total expenses $976K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $610K · Total expenses $976K
62%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
85%
—
—
Overhead ratio
4%
—
—
Fundraising cost ratio
9%
—
—
Investment management fee ratio
0%
—
—
Legal fee ratio
0%
—
—
Accounting fee ratio
1%
—
—
Fundraising fee ratio
0%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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