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Unc Hussman School Of Journalism And Media Foundation

Carolina Inc

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: Educational Institutions and Related Activities / University or Technological Institute (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.47M (2023)

Expenses
$3.66M (2023)

Total Assets
$47.5M (2023)

Total Liabilities
$4.45k (2023)

Source: Form 990 tax filings from 2011 to 2023

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 June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,474,790
Expenses
$3,659,931
Net Income
-$185,141
Net Assets
$47,525,193
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,287,921
94.6%
Program Services $0
Investment Income $85,055
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $82,894
2.4%
Net Inventory Sales $0
Other Revenue $18,920
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $47,529,641
Total Liabilities $4,448
Net Assets $47,525,193
Compensation
Key Employees and Officers Compensation Related Other
Catherine Reuhl Becker (Boardmember) $0 $0 $0
Charles Broadwell (Boardmember) $0 $0 $0
Latoya Evans (Boardmember) $0 $0 $0
John Hood (Boardmember) $0 $0 $0
Eliza Hussman Gaines (Boardmember) $0 $0 $0
Bill Keyes (Boardmember) $0 $0 $0
Alan Marks (Boardmember) $0 $0 $0
Kimberly Moore (Boardmember) $0 $0 $0
Rochelle Riley (Boardmember) $0 $0 $0
Linda Rizk (Boardmember) $0 $0 $0
Dwight Scott (Boardmember) $0 $0 $0
David Sousa (Boardmember) $0 $0 $0
D Jordan Whichard Iii (Boardmember) $0 $0 $0
Ford Worthy (Immediate Past President) $0 $0 $0
Greg Johnson (President) $0 $0 $0
Donna Curtis Mcclatchey (Vice President) $0 $0 $0
Mark Harden (Treasurer) $0 $0 $0
Raul Reis (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,786,327
Expenses
$5,299,979
Net Income
-$2,513,652
Net Assets
$48,824,793
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,765,280
99.2%
Program Services $0
Investment Income $20,927
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $120
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $48,890,448
Total Liabilities $65,655
Net Assets $48,824,793
Compensation
Key Employees and Officers Compensation Related Other
Latoya Evans (Boardmember) $0 $0 $0
Kimberly Moore (Boardmember) $0 $0 $0
David Sousa (Boardmember) $0 $0 $0
Alan Marks (Boardmember) $0 $0 $0
Linda Rizk (Boardmember) $0 $0 $0
Charles Broadwell (Boardmember) $0 $0 $0
D Jordan Whichard Iii (Boardmember) $0 $0 $0
Catherine Reuhl Becker (Boardmember) $0 $0 $0
Donna Curtis Mcclatchey (Boardmember) $0 $0 $0
John Hood (Boardmember) $0 $0 $0
Bill Keyes (Boardmember) $0 $0 $0
Rochelle Riley (Boardmember) $0 $0 $0
Dwight Scott (Boardmember) $0 $0 $0
Eliza Hussman Gaines (Boardmember) $0 $0 $0
Ford Worthy (President) $0 $0 $0
Greg Johnson (Vice President) $0 $0 $0
Mark Harden (Treasurer) $0 $0 $0
Raul Reis (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,859,944
Expenses
$6,196,931
Net Income
$663,013
Net Assets
$49,990,735
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,837,525
99.7%
Program Services $0
Investment Income $6,277
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,610
0.2%
Net Inventory Sales $0
Other Revenue $532
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $50,008,414
Total Liabilities $17,679
Net Assets $49,990,735
Compensation
Key Employees and Officers Compensation Related Other
Caroline Welch (Boardmember) $0 $0 $0
Kimberly Moore (Boardmember) $0 $0 $0
David Sousa (Boardmember) $0 $0 $0
Alan Marks (Boardmember) $0 $0 $0
Linda Rizk (Boardmember) $0 $0 $0
J Walker Smith (Boardmember) $0 $0 $0
Paige Zinn (Boardmember) $0 $0 $0
Charles Broadwell (Boardmember) $0 $0 $0
D Jordan Whichard Iii (Boardmember) $0 $0 $0
Catherine Reuhl Becker (Boardmember) $0 $0 $0
R Lee Burrows Jr (Boardmember) $0 $0 $0
Donna Curtis Mcclatchey (Boardmember) $0 $0 $0
Rachel Davis Mersey (Boardmember) $0 $0 $0
John Hood (Boardmember) $0 $0 $0
Bill Keyes (Boardmember) $0 $0 $0
Rochelle Riley (Boardmember) $0 $0 $0
Dwight Scott (Boardmember) $0 $0 $0
Eliza Hussman Gaines (Boardmember) $0 $0 $0
Ford Worthy (President) $0 $0 $0
Greg Johnson (Vice President) $0 $0 $0
Mark Harden (Treasurer) $0 $0 $0
Susan King (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,433,269
Expenses
$1,046,321
Net Income
$1,386,948
Net Assets
$39,061,349
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,349,419
96.6%
Program Services $0
Investment Income $81,632
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $396
0.0%
Net Inventory Sales $0
Other Revenue $1,822
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,068,921
Total Liabilities $7,572
Net Assets $39,061,349

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,794,660
Expenses
$1,841,065
Net Income
$10,953,595
Net Assets
$37,390,032
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,698,512
99.2%
Program Services $0
Investment Income $91,187
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $66
0.0%
Net Inventory Sales $0
Other Revenue $4,895
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $37,421,032
Total Liabilities $31,000
Net Assets $37,390,032
Compensation
Key Employees and Officers Compensation Related Other
Shailendra Ghorpade (Boardmember) $0 $0 $0
Caroline Welch (Boardmember) $0 $0 $0
Jamie Jacobson (Boardmember) $0 $0 $0
Kimberly Moore (Boardmember) $0 $0 $0
David Sousa (Boardmember) $0 $0 $0
Alan Marks (Boardmember) $0 $0 $0
Linda Rizk (Boardmember) $0 $0 $0
J Walker Smith (Boardmember) $0 $0 $0
Paige Zinn (Boardmember) $0 $0 $0
Rachel Davis Mersey (President) $0 $0 $0
Ford Worthy (Vice President) $0 $0 $0
Mark Harden (Treasurer) $0 $0 $0
Susan King (Secretary) $0 $273,535 $42,545

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,049,702
Expenses
$1,403,562
Net Income
-$353,860
Net Assets
$25,007,757
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,010,472
96.3%
Program Services $0
Investment Income $37,367
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $656
0.1%
Net Inventory Sales $0
Other Revenue $1,207
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $25,011,635
Total Liabilities $3,878
Net Assets $25,007,757
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth P Fowler (Boardmember) $0 $0 $0
Charles Broadwell (Boardmember) $0 $0 $0
Zachary Clayton (Boardmember) $0 $0 $0
Shailendra Ghorpade (Boardmember) $0 $0 $0
R Lee Burrows Jr (Boardmember) $0 $0 $0
Caroline Welch (Boardmember) $0 $0 $0
Jamie Jacobson (Boardmember) $0 $0 $0
John Drescher (Boardmember) $0 $0 $0
Jordy Whichard (Boardmember) $0 $0 $0
Kimberly Moore (Boardmember) $0 $0 $0
David Sousa (Boardmember) $0 $0 $0
Alan Marks (Boardmember) $0 $0 $0
Greg Johnson (Boardmember) $0 $0 $0
Mark Harden (Boardmember) $0 $0 $0
Caroline Beasley (Boardmember) $0 $0 $0
Linda Rizk (Boardmember) $0 $0 $0
J Walker Smith (President) $0 $0 $0
Rachel Davis Mersey (Vice President) $0 $0 $0
Ford Worthy (Treasurer) $0 $0 $0
Susan King (Secretary) $0 $267,682 $40,954

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$971,475
Expenses
$2,349,539
Net Income
-$1,378,064
Net Assets
$23,194,844
Notable Sources of Revenue Percent of Total Revenue
Contributions $953,151
98.1%
Program Services $0
Investment Income $17,540
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $784
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $23,204,852
Total Liabilities $10,008
Net Assets $23,194,844
Compensation
Key Employees and Officers Compensation Related Other
Charles Broadwell (Boardmember) $0 $0 $0
Zachary Clayton (Boardmember) $0 $0 $0
Shailendra Ghorpade (Boardmember) $0 $0 $0
R Lee Burrows Jr (Boardmember) $0 $0 $0
J Walker Smith (President) $0 $0 $0
Caroline Welch (Boardmember) $0 $0 $0
Rachel Davis Mersey (Boardmember) $0 $0 $0
John Drescher (Boardmember) $0 $0 $0
Cowles Liipfert (Boardmember) $0 $0 $0
Kimberly Moore (Boardmember) $0 $0 $0
David Sousa (Boardmember) $0 $0 $0
Ford Worthy (Treasurer) $0 $0 $0
Greg Johnson (Boardmember) $0 $0 $0
Mark Harden (Boardmember) $0 $0 $0
Susan King (Secretary) $0 $266,603 $50,659
Walter D Phillips (Boardmember) $0 $0 $0
Elizabeth Fowler (Vice President) $0 $0 $0
Caroline Beasley (Boardmember) $0 $0 $0
William Morton (Boardmember) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,078,717
Expenses
$1,207,290
Net Income
$871,427
Net Assets
$23,133,891
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,070,505
99.6%
Program Services $0
Investment Income $5,463
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,749
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $23,135,821
Total Liabilities $1,930
Net Assets $23,133,891
Compensation
Key Employees and Officers Compensation Related Other
R Frank Andrews Iv (Boardmember) $0 $0 $0
Walter Hussman Jr (Boardmember) $0 $0 $0
Charles Broadwell (Boardmember) $0 $0 $0
Zachary Clayton (Boardmember) $0 $0 $0
Shailendra Ghorpade (Boardmember) $0 $0 $0
R Lee Burrows Jr (Boardmember) $0 $0 $0
J Walker Smith (Boardmember) $0 $0 $0
Caroline Welch (Boardmember) $0 $0 $0
Rachel Davis Mersey (Boardmember) $0 $0 $0
John Drescher (Boardmember) $0 $0 $0
Cowles Liipfert (Boardmember) $0 $0 $0
Kimberly Moore (Boardmember) $0 $0 $0
David Sousa (Boardmember) $0 $0 $0
Ford Worthy (Boardmember) $0 $0 $0
Greg Johnson (Boardmember) $0 $0 $0
Mark Harden (Boardmember) $0 $0 $0
Susan King (Secretary) $0 $255,681 $23,181
Walter D Phillips (Treasurer) $0 $0 $0
Elizabeth Fowler (Vice President) $0 $0 $0
D Jordan Whichard Iii (President) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,455,544
Expenses
$2,305,721
Net Income
$149,823
Net Assets
$22,587,173
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,077,272
43.9%
Program Services $0
Investment Income $165,569
6.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,212,703
49.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $22,587,173
Total Liabilities $0
Net Assets $22,587,173

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,887,527
Expenses
$1,863,938
Net Income
$23,589
Net Assets
$22,052,106
Notable Sources of Revenue Percent of Total Revenue
Contributions $712,430
37.7%
Program Services $0
Investment Income $173,491
9.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,001,606
53.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $22,052,106
Total Liabilities $0
Net Assets $22,052,106

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,615,537
Expenses
$1,529,558
Net Income
$1,085,979
Net Assets
$20,539,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,069,530
40.9%
Program Services $0
Investment Income $203,597
7.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,342,410
51.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $20,539,477
Total Liabilities $0
Net Assets $20,539,477

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,531,252
Expenses
$1,302,236
Net Income
$229,016
Net Assets
$19,107,653
Notable Sources of Revenue Percent of Total Revenue
Contributions $825,272
53.9%
Program Services $0
Investment Income $205,537
13.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $500,443
32.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,107,653
Total Liabilities $0
Net Assets $19,107,653

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,359,539
Expenses
$1,421,670
Net Income
-$62,131
Net Assets
$19,193,389
Notable Sources of Revenue Percent of Total Revenue
Contributions $590,386
43.4%
Program Services $0
Investment Income $222,803
16.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $546,350
40.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,193,389
Total Liabilities $0
Net Assets $19,193,389

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

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.

Which Organizations Are Here?

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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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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