Current Affairs INC EIN 83-1675720

Current Affairs INC

EIN  83-1675720 Public charity (501(c)(3)) New Orleans, LA Founded 2023
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Publishes a magazine and podcast discussing left-wing political and cultural topics.
Leadership
Nathan Robinson · CEO · $67K
Money in and out
$684K revenue, $735K expenses
Bottom line
67% program efficiency

Publishes a magazine and podcast discussing left-wing political and cultural topics. For fiscal year 2025 it reported $684K in revenue, $735K in expenses, and $122K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$684K
Pt VIII · Ln 12
Total expenses
$735K
Pt IX · Ln 25
Net assets
$122K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$51K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.33
Program efficiency
67%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
4.8mo
months of highly liquid reserves at operating expense rate▼ -21% vs prior filing year
Surplus margin
-7%
revenue over expenses, this year▲ +25% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$684K
FY2025▲ +26%
Expenses
$735K
FY2025▲ +24%
Total assets
$389K
FY2025▲ +6%
Total liabilities
$268K
FY2025▲ +37%
Total revenue
$684K
Pt VIII · Ln 12
Total expenses
$735K
Pt IX · Ln 25
Net assets
$122K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$51K
Total assetsPt X · Ln 16$389K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $495K of program spending, described in the organization's own filed words · FY2025.
01

An American bimonthly magazine that discusses political and cultural topics from a left-wing perspective. The magazine is published in print and online, and also has a podcast, and is funded soley by subscriptions and donations.

$495Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCurrent Affairs INC
EINHdr · item D83-1675720
Principal addressHdr · item CNew Orleans, LA
WebsiteHdr · item Jcurrentaffairs.org
Year of formationHdr · item L2023
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A30)
Ruling yearIRS BMFSep 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$66,709Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treas
$0Pt VII · Sec A

Nathan Robinson’s $67K as CEO is at the 61st percentile of top reported officer pay among 2213 $100K–1M 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023
Nathan Robinson$66,709$56,433$26,481

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.

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Statement of Revenue

Part VIII
Program service revenue$399K · 58%
Contributions & grants$283K · 41%
Program service revenue58%$399K
Contributions & grants41%$283K
Investment income$2K
Total revenueLn 12$684K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.33
Program services67%$495K
Management & general33%$239K
Total functional expensesLn 25$735K

Balance Sheet

Part X · end of year
CashLn 1$297K
Total assetsLn 16$389K
Total liabilitiesLn 26$268K
Total net assetsLn 32$122K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $297K · Operating expenses/yr $735K
4.8 months
Where the money goes
Program services
Program services $495K · Total expenses $735K
67%
Management & General
Management & general $239K · Total expenses $735K
33%
Fundraising
Fundraising $0 · Total expenses $735K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $267K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $283K · Total revenue $684K
41%
Government reliance
Government grants — · Total revenue $684K
Earned-income share
Program service revenue $399K · Total revenue $684K
58%
Investment reliance
Investment income $2K · Total revenue $684K
0%
Program self-sufficiency
Program service revenue $399K · Total expenses $735K
54%
Growth & trend
Revenue growth (YoY)
This year $684K · Prior year $541K
+26%
Net-asset trend (YoY)
End of year $122K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $684K · Expenses $735K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $389K
Net-asset ratio
Net assets $122K · Total assets $389K
31%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $389K
0%
People & payroll
Highest Reported Total Compensation
Individual Nathan Robinson · Reported title CEO · Highest reported compensation $67K · Total expenses $735K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $415K · Total expenses $735K
57%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 33%
Revenue growth 26%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$684K revenue · viewing · ⤓ 990 PDF
FY2024$541K revenue · ⤓ 990 PDF
FY2023$442K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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