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Filing year 2024

THE VENETOULIS INSTITUTE FOR LOCAL JOURNALISM

Baltimore, Maryland·EIN 86-1715499·NTEE A33 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$27.3M
Total assets
$24.5M
Total expenses
$28.8M
Reported officers
22
Mission

TO BE THE MOST ESSENTIAL AND COMPELLING NEWS RESOURCE FOR THE PEOPLE OF MARYLAND. WE INFORM, STREGTHEN, AND INSPIRE THE COMMUNITIES WE SERVE BY PROVIDING TRUSTED JOURNALISM THAT TELLS PEOPLE'S STORIES, HOLDS LEADERS ACCOUNTABLE, AND DELIVERS A WIDE RANGE OF LOCAL NEWS THAT READERS AND PARTNERS ARE EAGER TO SUPPORT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

Editor in Chief
Officer (Unspecified)
$515k
$551k
Base
$341k
Bonus
$140k
Other
Benefits
$24k
Chief Revenue Officer
Key Employee
Above 90th percentile
$473k
$505k
Base
$273k
Bonus
$161k
Other
Benefits
$26k
President, & CEO
Above 90th percentilevs Arts, Culture & Humanities peers in Maryland
$451k
$482k
Base
$416k
Bonus
Other
Benefits
$24k
Chief Marketing Officer
Key Employee
Above 90th percentile
$444k
$474k
Base
$281k
Bonus
$118k
Other
Benefits
$31k
Chief Technology Officer
Key Employee
Above 90th percentile
$327k
$350k
Base
$221k
Bonus
$64k
Other
Benefits
$30k
Treasurer, SVP of Finance & Analytics
Senior Vice President
Median to 75th percentile
$303k
$324k
Base
$219k
Bonus
$63k
Other
Benefits
$11k
SVP of People, Culture, Diversity
Senior Vice President
Median to 75th percentile
$280k
$299k
Base
$209k
Bonus
$53k
Other
Benefits
$9k
Managing Editor
Highest Compensated Employee
Above 90th percentile
$279k
$299k
Base
$222k
Bonus
$40k
Other
Benefits
$12k
Chief Philanthropy Officer
Key Employee
75th to 90th percentile
$276k
$295k
Base
$223k
Bonus
$15k
Other
Benefits
$28k
VP of Editorial and Business Development
Board Vice President
75th to 90th percentile
$275k
$294k
Base
$222k
Bonus
$40k
Other
Benefits
$12k
Director, Interim Ceo, & President
Above 90th percentilevs Arts, Culture & Humanities peers in Maryland
$273k
$291k
Base
$273k
Bonus
Other
Benefits
VP of Product Management
Board Vice President
75th to 90th percentile
$256k
$273k
Base
$209k
Bonus
$19k
Other
Benefits
$20k
Deputy Managing Editor
Highest Compensated Employee
75th to 90th percentile
$242k
$258k
Base
$185k
Bonus
$25k
Other
Benefits
$24k
Director, Digital Sales Operations
75th to 90th percentile
$218k
$233k
Base
$114k
Bonus
$104k
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE VENETOULIS INSTITUTE FOR LOCAL JOURNALISM equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
2%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 9%
from 2023

From $472k in 2023 to $515k in 2024.

$472k
2023
$515k
2024
In today's dollarsEst.
Up 6% in real terms$519k to $551k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 9% from 2023 to 2024, while revenue fell 8%.

$434k in 2023 to $473k in 2024.
  • Chief Executive Officer pay fell 2% from 2023 to 2024.
  • Senior Vice President pay rose 17% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE VENETOULIS INSTITUTE FOR LOCAL JOURNALISM

What does the Key Employee of THE VENETOULIS INSTITUTE FOR LOCAL JOURNALISM earn?

In 2024, the Key Employee of THE VENETOULIS INSTITUTE FOR LOCAL JOURNALISM received $473,036 in total compensation. This pay is in the top 10% for Key Employee roles among Arts, Culture & Humanities organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Key Employee pay at THE VENETOULIS INSTITUTE FOR LOCAL JOURNALISM compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Key Employee at THE VENETOULIS INSTITUTE FOR LOCAL JOURNALISM falls in the top 10%. In 2024, the highest total compensation at THE VENETOULIS INSTITUTE FOR LOCAL JOURNALISM equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are THE VENETOULIS INSTITUTE FOR LOCAL JOURNALISM's revenue and expenses?

In 2024, THE VENETOULIS INSTITUTE FOR LOCAL JOURNALISM reported $27.3M in total revenue and $28.8M in total expenses on its IRS Form 990.

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