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Trace Media Inc

The Trace

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture and Humanities / Media, Communications Organizations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.43M (2022)

Expenses
$3.69M (2022)

Total Assets
$1.74M (2022)

Total Liabilities
$141k (2022)

Source: Form 990 tax filings from 2015 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,428,782
Expenses
$3,686,839
Net Income
-$258,057
Net Assets
$1,602,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,410,332
99.5%
Program Services $17,000
0.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,450
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $258,642
7.0%
Professional Fundraising Fees $141,000
3.8%
Other Salaries and Wages $1,846,502
50.1%
Assets/Debt
Total Assets $1,743,238
Total Liabilities $140,511
Net Assets $1,602,727
Compensation
Key Employees and Officers Compensation Related Other
James Burnett (Managing Director) $210,000 $0 $47,682
Taliesin Mccheane Woodward (Editor In Chief) $190,017 $0 $44,944
Michael Spies (Senior Staff Writer) $145,283 $0 $7,921
Miles James Kohrman (Special Projects Editor) $145,096 $0 $30,283
Christian W Van Sant (Staff Writer) $124,433 $0 $42,846
Joy Resmovits (Senior Editor, Local Impact) $122,953 $0 $17,041
John Feinblatt (President) $0 $0 $0
Michael Brouillard (Secretary And Treasurer) $0 $0 $0
Stefan Friedman (Director) $0 $0 $0
Elizabeth Hansen Shapiro (Director) $0 $0 $0
William Jelani Cobb (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,581,483
Expenses
$3,252,318
Net Income
$329,165
Net Assets
$1,860,784
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,576,182
99.9%
Program Services $4,000
0.1%
Investment Income $60
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,241
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $254,280
7.8%
Professional Fundraising Fees $141,000
4.3%
Other Salaries and Wages $1,683,767
51.8%
Assets/Debt
Total Assets $1,883,565
Total Liabilities $22,781
Net Assets $1,860,784
Compensation
Key Employees and Officers Compensation Related Other
James Burnett (Editorial Director) $210,000 $0 $44,280
Taliesin Mccheane Woodward (Editor In Chief) $176,300 $0 $43,621
Ann Givens (Staff Writer) $123,350 $0 $42,959
Christian W Van Sant (Staff Writer) $120,633 $0 $39,127
Michael Spies (Senior Writer) $119,907 $0 $4,968
Miles James Kohrman (Special Projects Editor) $105,000 $0 $15,758
John Feinblatt (President) $0 $0 $0
Yury Beyzarov (Secretary And Treasurer (Thru December)) $0 $0 $0
Michael Brouillard (Secretary And Treasurer (From December)) $0 $0 $0
Stefan Friedman (Director) $0 $0 $0
Elizabeth Hansen Shapiro (Director) $0 $0 $0
Kenneth Lerer (Director (Thru December)) $0 $0 $0
William Jelani Cobb (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,580,111
Expenses
$3,013,493
Net Income
$566,618
Net Assets
$1,531,619
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,571,529
99.8%
Program Services $7,700
0.2%
Investment Income $475
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $407
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $252,236
8.4%
Professional Fundraising Fees $132,474
4.4%
Other Salaries and Wages $1,448,126
48.1%
Assets/Debt
Total Assets $1,560,626
Total Liabilities $29,007
Net Assets $1,531,619
Compensation
Key Employees and Officers Compensation Related Other
James Burnett (Editorial Director) $210,000 $0 $42,237
Taliesin Mccheane Woodward (Deputy Editor) $164,365 $0 $39,399
Ann Givens (Staff Writer) $124,365 $0 $38,479
Christian W Van Sant (Staff Writer) $119,619 $0 $37,065
Akoto Ofori Atta (Managing Editor) $114,082 $0 $25,185
Miles James Kohrman (Special Projects Editor) $111,451 $0 $26,412
John Feinblatt (President) $0 $0 $0
Yury Beyzarov (Secretary And Treasurer) $0 $0 $0
William Jelani Cobb (Director) $0 $0 $0
Stefan Friedman (Director) $0 $0 $0
Elizabeth Hansen (Director) $0 $0 $0
Kenneth Lerer (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,047,170
Expenses
$3,139,501
Net Income
-$92,331
Net Assets
$965,001
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,034,970
99.6%
Program Services $12,200
0.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $263,344
8.4%
Professional Fundraising Fees $150,754
4.8%
Other Salaries and Wages $1,304,617
41.6%
Assets/Debt
Total Assets $1,072,204
Total Liabilities $107,203
Net Assets $965,001
Compensation
Key Employees and Officers Compensation Related Other
James Burnett (Managing Director) $210,000 $0 $41,017
Taliesin Mccheane Woodward (Deputy Editor) $152,244 $0 $37,030
Akoto Ofori Atta (Managing Editor) $127,306 $0 $27,202
Ann Givens (Staff Writer) $121,369 $0 $37,205
Sarah Ryley (Staff Writer) $108,994 $0 $15,312
Miles James Kohrman (Editor) $106,093 $0 $25,706
John Feinblatt (President & Director) $0 $0 $0
Marc La Vorgna (Secretary, Treasurer & Director) $0 $0 $0
Stefan Friedman (Director) $0 $0 $0
Ken Lerer (Director) $0 $0 $0
Yury Beyzarov (Secretary And Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,094,360
Expenses
$2,977,050
Net Income
$117,310
Net Assets
$1,057,332
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,079,610
99.5%
Program Services $14,750
0.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $210,000
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,184,854
39.8%
Assets/Debt
Total Assets $1,210,227
Total Liabilities $152,895
Net Assets $1,057,332

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,961,963
Expenses
$2,447,152
Net Income
$514,811
Net Assets
$940,022
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,961,963
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $210,000
8.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,076,136
44.0%
Assets/Debt
Total Assets $1,035,244
Total Liabilities $95,222
Net Assets $940,022

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,932,122
Expenses
$1,943,472
Net Income
-$11,350
Net Assets
$425,211
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,932,122
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $791,334
40.7%
Assets/Debt
Total Assets $496,208
Total Liabilities $70,997
Net Assets $425,211

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,325,072
Expenses
$888,511
Net Income
$436,561
Net Assets
$436,561
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,325,072
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $395,374
44.5%
Assets/Debt
Total Assets $512,823
Total Liabilities $76,262
Net Assets $436,561

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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