Nurtures visual storytelling to inform, connect, and transform communities through art, journalism, and social justice.
For fiscal year 2022 it reported $1.1M in revenue, $1.9M in expenses, and $1.5M in net assets.Pt I
Where the money goes · FY2022
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$809K
Where spending went · Part IX cols B–D
80%
Program services $0.80 Management & general $0.08 Fundraising $0.11
Program efficiency
80%
of spending reaches programs
Operating runway
6.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-73%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2022 · Form 990
Revenue
$1.1M
FY2022▼ -64%
$3.7M$1.9M$0
FY2020FY2024
Expenses
$1.9M
FY2022▲ +46%
$3.3M$1.6M$0
FY2020FY2024
Total assets
$1.6M
FY2022▼ -36%
$2.8M$1.4M$0
FY2020FY2024
Total liabilities
$138K
FY2022▼ -39%
$225K$112K$0
FY2020FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$809K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49
Mission & Programs · Part III
Where the work happens
3 program services account for $1.5M of program spending, described in the organization's own filed words · FY2022.
01
CatchLight is expanding a new collaborative for visual journalism, supercharging a visual first approach to journalism in partnership with local news organizations. In 2022, CatchLight placed five visual journalists, Local Fellows, as full-time staff in newsrooms across the state, surrounding them and the newsrooms with editing and…
$953Kprogram expense
02
The CatchLight Global Fellowship, awards visual 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, as well as a $30,000 grant.
$299Kprogram expense
03
In April of 2022, CatchLight hosted two days of inspiring conversation with some of the leading voices in visual storytelling. Presented at the Institute of Contemporary Art in San Francisco, this free public event gathered artists, founders, technologists and innovative creatives working at the nexus of art, media, journalism…
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 Maillet Storm · Reported title CEO · Highest reported compensation $234K · Total expenses $1.9M
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.2M · Total expenses $1.9M
61%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
80%
—
—
Overhead ratio
8%
—
—
Fundraising cost ratio
20%
—
—
Revenue growth
-64%
—
—
Investment management fee ratio
0%
—
—
Legal fee ratio
0%
—
—
Accounting fee ratio
2%
—
—
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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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