The American Spectator Foundation Don Rieck
- Assets
- $2.4m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 7
- Location
- Alexandria, VA
- Founding
- 01/1969
- Data as of
- 12/2022
- EIN
- 23-7002632
Organization Overview
The American Spectator Foundation Don Rieck is located in Alexandria, VA. The organization was established in 1969. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2022, American Spectator Foundation Don Rieck employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Spectator Foundation Don Rieck is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Spectator Foundation Don Rieck generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 10.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN SPECTATOR FOUNDATION IS A NON-PROFIT, NON-PARTISAN MEDIA ORGANIZATION RESPONSIBLE FOR PUBLISHING THE AMERICAN SPECTATOR. THROUGH ITS EDITORIAL PROGRAMS, THE AMERICAN SPECTATOR STRIVES TO EDUCATE THE PUBLIC ON NEW IDEAS, CONCEPTS, AND POLICIES
Describe the Organization's Program Activity:
SUPPORTS PUBLICATION OF THE AMERICAN SPECTATOR, A MONTHLY INTELLECTUAL REVIEW OF CULTURE. ALSO PROVIDES SCHOLARSHIPS AND TRAINING TO JOURNALISM STUDENTS AND ENTRY-LEVEL WORKING JOURNALISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Clouthier Publisher | OfficerTrustee | 40 | $120,850 |
Wladyslaw Pleszczynski Editorial Director | Officer | 40 | $110,000 |
Emmett Tyrrell Jr Editor In Chief | OfficerTrustee | 40 | $103,000 |
Peter Leidel Director | Trustee | 1 | $0 |
Rebekah Mercer Director | Trustee | 1 | $0 |
Grover Norquist Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $256,641 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $859,409 |
| Noncash contributions included in lines 1a–1f | $129,826 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,116,050 |
| Total Program Service Revenue | $441,477 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $10,578 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,595,707 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $622,133 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,951 |
| Payroll taxes | $47,632 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,446 |
| Fees for services: Accounting | $74,794 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $330,947 |
| Advertising and promotion | $43,678 |
| Office expenses | $48,013 |
| Information technology | $49,603 |
| Royalties | $0 |
| Occupancy | $86,033 |
| Travel | $16,117 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,990 |
| All other expenses | $144,444 |
| Total functional expenses | $1,576,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,245,360 |
| Savings and temporary cash investments | $1,043,081 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,564 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $62,414 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,357,419 |
| Accounts payable and accrued expenses | $170,380 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $170,380 |
| Net assets without donor restrictions | $2,187,039 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,357,419 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that The American Spectator Foundation Don Rieck has recieved totaling $463,320.
| Awarding Organization | Amount |
|---|---|
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $305,100 |
Thomas W Smith Foundation Boca Raton, FL PURPOSE: PUBLIC POLICY | $75,000 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 1 GRANT(S) FOR VARYING PURPOSES | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $12,150 |
Distilled Spirits Council Of The United States Inc Washington, DC PURPOSE: EDUCATION AND RESEARCH | $7,500 |
Abstraction Fund New York, NY PURPOSE: GENERAL PURPOSE | $7,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Indian Paintbrush Foundation Washington, DC | $2,617,521,485 | $1,521,981,843 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |
District Of Columbia College Access Program Washington, DC | $105,959,870 | $18,161,486 |
The Hartwell Foundation Corporation Memphis, TN | $88,595,532 | $17,280,759 |
Asian And Pacific Islander American Scholarship Fund Washington, DC | $37,686,826 | $13,616,717 |
Morehead Cain Foundation Chapel Hill, NC | $0 | $13,275,596 |
Education Foundation Scholarship Endowment Trust Chapel Hill, NC | $389,903,195 | $25,351,334 |