Prism Reports (Prism)

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

At-A-Glance

Formation:

2019 (as Daily Kos Education Fund)

Editor:

Ashton Latimore

Location: Oakland, CA View on map
Tax ID: 82-1772450
Most Recent Filing: 2024
Budget (2024): Assets: $683,312 Revenue: $1,729,904 Expenses: $1,980,261

Contents

    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

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $683,312 $1,729,904 $1,980,261 View
    2023 $949,701 $1,765,255 $1,788,937 View
    2022 $997,080 $1,439,211 $1,728,098 View
    2021 $1,288,144 $1,695,129 $1,877,428 View
    2020 $1,465,951 $1,688,693 $1,399,486 View

    Prior year filings: 2019, 2018, 2017

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 17

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Caitlin GaffinPUBLISHER$111,312
    Lara WittEDITOR-IN-CH$111,239
    Ashton LattimoreBOARD MEMBER$45,643

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $10,209,120
    • Number of Grants: 73
    • Number of Funders: 33

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $1,000,0002025 Robert Wood Johnson Foundation
    $622,0002020 Foundation to Promote Open Societyto support the Grantee’s Democratizing Philanthropy Project and Community Sponsorship Campaign Series
    $533,5002022 Amalgamated Charitable Foundation IncGENERAL OPERATING SUPPORT
    $466,7502024 Amalgamated Charitable Foundation IncGeneral operating support and project support
    $466,7502023 Amalgamated Charitable Foundation IncGeneral operating support and project support
    $400,0002024 The Ford FoundationCore support for reporting and narrative-changing initiatives that aim to disrupt the ideas and beliefs that hold back low-wage workers
    $400,0002023 The Libra Foundationto support Prism’s gender justice vertical
    $400,0002022 The Ford FoundationCore support for reporting and narrative-changing initiatives that would aim to disrupt the ideas and beliefs that hold back low-income workers.
    $360,0002020 The Ford FoundationCore support to launch a reporting and narrative change initiative that would aim to disrupt the ideas and beliefs that most hold back low-income workers, especially workers of color
    $275,0002022 The Libra Foundationto support Prism’s gender justice vertical
    $275,0002021 The Libra Foundation
    $275,0002020 Amalgamated Charitable Foundation IncRacial Justice
    $275,0002020 The Libra Foundation
    $266,7502023 Democratizing Philanthropy Project
    $250,0002023 Robert Wood Johnson Foundation
    $211,0002021 Robert Wood Johnson Foundation
    $200,0002024 John D. and Catherine T. MacArthur FoundationIn support of general operations.
    $200,0002023 John D. and Catherine T. MacArthur Foundationin support of general operations.
    $200,0002022 Robert Wood Johnson FoundationTo support Prism's news coverage focused on recognition and protection of LGBTQ+ children and families.
    $200,0002021 The Ford FoundationCore support for reporting and narrative-changing initiatives that would aim to disrupt the ideas and beliefs that hold back low-income workers.
    $165,0002024 Democracy Fund IncGeneral support
    $150,0002023 Democracy Fund IncGeneral support
    $125,0002024 Wellspring Philanthropic FundGENERAL OPERATING SUPPORT
    $125,0002023 Wellspring Philanthropic FundGENERAL OPERATING SUPPORT
    $110,0002022 Gs Donor Advised Philanthropy Fund for Wealth Management IncCOMMUNITY & HUMAN SERVICES

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $534,250
    • Number of Grants: 3
    • Number of Recipients: 2

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $460,5002021 Amalgamated Charitable Foundation IncGENERAL OPERATING
    $40,0002021 Amalgamated Charitable Foundation IncGENERAL OPERATING
    $33,7502023 OCCIDENTAL ARTS AND ECOLOGY CENTERGENERAL OPERATING

    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/