Non-profit

Prism Reports (Prism)

Website:

prismreports.org/

Location:

Oakland, CA

Tax ID:

82-1772450

Tax-Exempt Status:

501(c)(3)

Budget (2021):

Revenue: $1,695,129
Expenses: $1,877,428
Assets: $1,288,144

Type:

Left-of-Center Media Outlet

Formation:

2019 (as Daily Kos Education Fund)

Editor:

Ashton Latimore

Budget (2022):

Revenue: $1,439,211
Expenses: $1,728,098
Net Assets: $960,345

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Prism Reports, or Prism (formerly known as the Daily Kos Education Fund), is a left-of-center media outlet that was founded by the Daily Kos to provide reporting and editorial content on left-of-center and far-left political and cultural issues. The organization’s media platform promotes far-left political and cultural stances, including opposition to Israel and calling for a “ceasefire” in the Israel-Hamas war following Hamas’s attack on Israel on October 7, 2023; defunding police; LGBT issues; and abortion access. The group is a nonprofit and receives money from left-of-center foundations and individual donors. 1 2 3

Background

Prism was founded in 2019 as a nonprofit affiliate of Daily Kos, a news website and blog focusing on left-wing and Democratic Party politics created by Markos Moulitsas. Moulitsas created Daily Kos to transform its readers into left-wing activists. The site raised significant funds for Democratic candidates and made endorsements in Democratic primaries since its founding in 2002. 4

Prism bills itself as a platform for diverse voices, and  authored and led by BIPOC (Black, Indigenous, People of Color) individuals. The platform also claims the mainstream media landscape is not sufficiently centered on left-of-center ideology and “wasn’t bringing us closer to our vision of collective liberation and justice.” The platform claims to focus on “disrupting and dismantling toxic narratives, uncovering the hard truths of injustice alongside the people experiencing the acute impacts of injustice, and providing a platform for people of color to tell their own stories, and those of their communities.” 5

The nonprofit organization that is now known as Prism Reports was founded in 2016 as the Daily Kos Education Fund, which was an educational arm of the Daily Kos with the mission of educating the public about elections, the political process, and voter registration. 6

In 2019, the first year the group operated as Prism, the organization has nearly doubled from $669,000 in 2018 to $1.28 million in 2019. In 2022 the organization reported $1.4 million in revenue and $1.7 million in expenses. 7

Funding

Prism is funded by of left-of-center grantmaking foundations, including many of the largest foundations in the United States. The group also solicits contributions and memberships from the public using ActBlue, a donation platform serving Democratic candidates and groups affiliated with left-of-center politics. 8 9

Funders of the organization include Bloomberg Philanthropies, the Libra Foundation, Open Society Foundations, the Emergent Fund, the Nellie Mae Education Foundation, the Ford Foundation, New Media Ventures, the Robert Wood Johnson Foundation, Justice for Migrant Women, the Open Philanthropy Project, and the Women’s Foundation of California .9

Views

Prism publishes far-left political and cultural stances including opposition to Israel and calling for a “ceasefire” in the Israel-Hamas war, defunding of police, liberal LGBT issues, and widespread abortion access. Issue areas highlighted at the top of the website include the Movement for Palestine, Abortion Rights Post Roe, COVID-19, and Disability Justice. 2

In a piece titled “5 movements that mobilized you in 2023” the platform outlines several far-left stances as key issues form 2023 including “Growing collective labor movements, workers’ rights, and unionization”; “Dismantling colonialism and imperialism, borders, and displacement”; “The state of abortion rights and reproductive justice post-Roe”; “Abolition as healing and reparations for the past, resisting oppression in the present, and building the future”; and “Climate justice is an intersectional, interwoven movement in all liberation struggles.” 1

References

  1. Banerjee-McFarland. “5 movements that mobilized you in 2023.” Prism. December 26, 2023. Accessed February 2, 2024. https://prismreports.org/2023/12/26/5-movements-that-mobilized-you-2023/
  2. “Home.” Prism. Accessed February 2, 2024. https://prismreports.org/
  3. Return of Organization Exempt from Income Tax (IRS form 990). Prism Reports. 2022. Accessed February 2, 2024.  https://projects.propublica.org/nonprofits/organizations/821772450/202313209349304121/full
  4. Garofoli, Joe. “Berkeley blogger finds his voice and fends off success.” SF Gate. April 5, 2006. Accessed February 2, 2024. https://www.sfgate.com/politics/joegarofoli/article/Berkeley-blogger-finds-his-voice-and-fends-off-2500656.php
  5. “Home.” Prism. Accessed February 2, 2024. https://prismreports.org/about/
  6. Return of Organization Exempt from Income Tax (IRS form 990). Prism Reports. 2018. Accessed February 2, 2024. https://projects.propublica.org/nonprofits/organizations/821772450/201901359349311870/full
  7. “Prism Reports.” Nonprofit Explorer. https://projects.propublica.org/nonprofits/organizations/821772450
  8. “Prism.” ActBlue. Accessed February 2, 2024. https://secure.actblue.com/donate/prism
  9. “Supporters.” Prism. Accessed February 2, 2024. https://prismreports.org/about/supporters/
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: August 1, 2018

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2021 Dec Form 990 $1,695,129 $1,877,428 $1,288,144 $36,470 N $1,549,376 $139,437 $0 $0
    2020 Dec Form 990 $1,688,693 $1,399,486 $1,465,951 $36,000 N $1,056,757 $631,555 $0 $138,000
    2019 Dec Form 990 $1,312,715 $817,707 $1,181,766 $41,680 N $1,280,996 $31,175 $0 $175,440 PDF
    2018 Dec Form 990 $669,963 $131,964 $641,315 $3,316 N $669,963 $0 $0 $121,665 PDF
    2017 Dec Form 990EZ $0 $0 $100,000 $0 $0 $0 $0 $0 PDF

    Prism Reports (Prism)

    1423 BROADWAY SUITE 271
    Oakland, CA 94612-0000