Central Current, INC. Is a nonprofit,nonpartisan news organization dedicated to bringing independent online news to Central new york. We provide fact-based news and analysis about the challenges, solutions and opportunities we all share living in Central new york. Our news and multimedia storytelling is exclusively published and distributed online through our website, newsletters and social media. We strive to be an inclusive and responsive resource for news and information. Our goal is to foster civic engagement and democratic governance, and to help build a more prosperous and healthy community.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Run by 9 volunteers and 9 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $29K a year · 7% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$73K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $336K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$78K
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$654K
+75% vs prior year
Spent
$562K
To programs
70%
Net assets
$169K
By yearFY2020–FY2025
Revenue
$654K
FY2025▲ +75%
Tap a bar for its year
Revenue by fiscal year
FY2020$21K
FY2021$117K
FY2022$329K
FY2023$394K
FY2024$374K
FY2025$654K
Expenses
$562K
FY2025▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$251K
FY2023$390K
FY2024$432K
FY2025$562K
Net assets
$169K
FY2025▲ +119%
Tap a bar for its year
Net assets by fiscal year
FY2020$6K
FY2021$54K
FY2022$132K
FY2023$135K
FY2024$77K
FY2025$169K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $396K Management & general 17% · $98K Fundraising 12% · $68K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $73K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$72,882Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Maximilian Eyle’s $73K as Executive Director is at the 68th percentile of top reported officer pay among 2216 $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

NameFY2025FY2024
Maximilian Eyle$72,882$57,077

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.

See Central Current INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Publishes independent online news, photos, and audio for Central New York.

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1 program · $396K · in their own filed words · FY2025
01

Central current, inc. Is a nonprofit,nonpartisan news organization dedicated to bringing independent online news to central new york. We provide fact-based news and analysis about the challenges, solutions and opportunities we all share living in central new york.

$396Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$654K
Ln 12
Gifts and grantsLn 1h$654K
Money outPt IX
$562K
Ln 25
Programscol B$396K
Managementcol C$98K
Fundraisingcol D$68K
Owns and owesPt X
$169K
net assets · Ln 32
Cash and savingsLn 1–2$183K
Total assetsLn 16$247K
LiabilitiesLn 26$78K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$654K
Noncash giftsLn 1g$31K
Gains on assetsLn 7−$324
Total revenueLn 12$654K
Assets in detailPt X, end of year
CashLn 1$183K
SavingsLn 2$101
Cash and savings togetherLn 1–2$183K
Other assetsLn 15$58K
Total assetsLn 16$247K
LiabilitiesLn 26$78K
Net assetsLn 32$169K
OperationsPt I, VI
EmployeesI 59
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$80K$183K
Total assetsLn 16$91K$247K
LiabilitiesLn 26$14K$78K
Net assetsLn 32$77K$169K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$73K$15K$29K$29K
Other salaries and wagesLn 7$231K$216K$14K
Other employee benefitsLn 9$45K$36K$5K$4K
Payroll taxesLn 10$27K$21K$4K$3K
Accounting feesLn 11c$9K$9K
Professional fundraising feesLn 11e$26K$26K
Other fees for servicesLn 11g$16K$16K
Office expensesLn 13$19K$5K$10K$4K
OccupancyLn 16$20K$16K$3K$1K
TravelLn 17$4K$2K$3K
Conferences, conventions and meetingsLn 19$6K$3K$1K$1K
InsuranceLn 23$8K$4K$4K
Other expenses (24a–d)Ln 24$79K$79K
Total functional expensesLn 25$562K$396K$98K$68K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $654K$562K$92K$169K 990 PDF
FY2024 $374K$432K−$58K$77K 990 PDF
FY2023 $394K$390K$3K$135K 990 PDF
FY2022 $329K$251K$78K$132K 990 PDF
FY2021 $117K$54K 990 PDF
FY2020 $21K$6K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $654,022 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $373,915$654,346
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0−$324
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $373,915$654,022
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $282,566$375,927
I-16a Professional fundraising feesPrior year $33,000$25,625
I-17 Other expensesPrior year $116,677$160,840
I-18 Total expensesPrior year $432,243$562,392
I-19 Revenue less expensesPrior year −$58,328$91,630
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $654,022 across 5 lines filed
VIII-1f All other contributions, gifts and grants$654,346
VIII-1g Noncash contributions (included above)$30,679
VIII-1h Total contributions, gifts and grants$654,346
VIII-7 Net gain or loss on sales of assetsRelated to mission −$324−$324
VIII-12 Total revenueRelated to mission −$324 · Unrelated business $0 · Excluded from tax $0$654,022
Part IX · Statement of functional expenses $562,392 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $14,576 · Management $29,153 · Fundraising $29,153$72,882
IX-7 Other salaries and wagesPrograms $216,336 · Management $14,286$230,622
IX-9 Other employee benefitsPrograms $36,072 · Management $4,813 · Fundraising $4,385$45,270
IX-10 Payroll taxesPrograms $20,693 · Management $3,886 · Fundraising $2,574$27,153
IX-11c Accounting feesManagement $8,782$8,782
IX-11e Professional fundraising feesFundraising $25,625$25,625
IX-11g Other fees for servicesManagement $16,140$16,140
IX-13 Office expensesPrograms $4,766 · Management $9,990 · Fundraising $3,961$18,717
IX-16 OccupancyPrograms $15,537 · Management $3,266 · Fundraising $1,105$19,908
IX-17 TravelPrograms $1,755 · Management $2,734$4,489
IX-19 Conferences, conventions and meetingsPrograms $3,367 · Management $1,104 · Fundraising $1,105$5,576
IX-23 InsurancePrograms $3,520 · Management $4,226$7,746
IX-24 Other expenses (24a–d)Programs $79,482$79,482
IX-25 Total functional expensesPrograms $396,104 · Management $98,380 · Fundraising $67,908$562,392
Part X · Balance sheet $246,643 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $80,136$182,658
X-2 Savings and temporary cash investmentsStart of year $101$101
X-4 Accounts receivableStart of year $4,004$2,604
X-9 Prepaid expenses and deferred chargesStart of year $7,061$2,975
X-15 Other assetsStart of year $0$58,305
X-16 Total assetsStart of year $91,302$246,643
X-17 Accounts payable and accrued expensesStart of year $14,337$21,543
X-26 Total liabilitiesStart of year $14,337$78,048
X-27 Net assets without donor restrictionsStart of year $69,945$123,333
X-28 Net assets with donor restrictionsStart of year $7,020$45,262
X-32 Total net assets or fund balancesStart of year $76,965$168,595
X-33 Total liabilities and net assetsStart of year $91,302$246,643
Part XI · Reconciliation of net assets $168,595 net assets at year end
XI-1 Total revenue$654,022
XI-2 Total expenses$562,392
XI-3 Revenue less expenses$91,630
XI-4 Net assets at start of year$76,965
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$168,595

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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