Current Affairs Inc is located in New Orleans, LA. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Current Affairs Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Current Affairs Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Robinson CEO | Trustee | 40 | $26,481 |
Jessica Elliott President | Trustee | 1 | $0 |
Paul Waters-Smith Vice President | Trustee | 1 | $0 |
Rosemary Robinson Secretary/treas | Officer | 15 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $307,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $307,050 |
| Total Program Service Revenue | $134,210 |
| Investment income | $1,224 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $442,484 |
| 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. | $26,481 |
| Compensation of current officers, directors, key employees. | $13,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,965 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,652 |
| Payroll taxes | $4,932 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,600 |
| Fees for services: Accounting | $7,178 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,705 |
| Advertising and promotion | $105 |
| Office expenses | $16,910 |
| Information technology | $6,943 |
| Royalties | $0 |
| Occupancy | $9,244 |
| Travel | $618 |
| 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 | $6,197 |
| Insurance | $2,069 |
| All other expenses | $375 |
| Total functional expenses | $225,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $231,097 |
| Savings and temporary cash investments | $101,224 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $8,775 |
| Net Land, buildings, and equipment | $48,324 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $389,420 |
| Accounts payable and accrued expenses | $1,050 |
| 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 | $162,805 |
| Total liabilities | $163,855 |
| Net assets without donor restrictions | $0 |
| 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 | $71,815 |
| Retained earnings, endowment, accumulated income, or other funds | $153,750 |
| Total liabilities and net assets/fund balances | $389,420 |