Rhode Island Current (RIC)

The Rhode Island Current (RIC) was founded in 2023 as the Rhode Island affiliate for States Newsroom. States Newsroom is a left-of-center media hub that supports left-of-center reporting on the state level from dozens of small, affiliated startups and a national bureau in Washington, D.C. Rhode Island Current embraces the left-of-center position on diversity, equity, and inclusion and states that such considerations guide all parts of the reporting process. 1 2 3

At-A-Glance

Formation:

2023

Editor:

Janine L. Weisman

Affiliated with:

States Newsroom

Location: Providence, RI View on map
Tax ID: 84-2113822
Most Recent Filing: 2024
Budget (2024): Assets: $9,882,443 Revenue: $27,454,229 Expenses: $29,387,263

Contents

    Founding and History

    The Rhode Island Current was founded in March of 2023 as the state-level affiliate of States Newsroom, an umbrella organization covering dozens of local news organizations and a national bureau in Washington, D.C. 4 2 States Newsroom has 50 state-level outlets across 39 states, in addition to its national bureau in Washington D.C. 4 2

    States Newsroom is a left-of-center media nonprofit that acts as a parent organization for state-focused media outlets around the country, in addition to having a Washington, D.C., national bureau. States Newsroom is required to file tax returns with the states where the state media outlets operate, and all donations that are earmarked for a specific media outlet must first be processed via States Newsroom. 5 6

    A job listing from 2019 identified States Newsroom as being a “a progressive political journalism startup.” 7 As of March 2024, while job postings and the organization’s self-description do not use the term “progressive,” postings use a “left-of-center” framing to identify its ideological alignment, stating explicitly that the organization seeks to challenge “systemic inequality and racism” and that it is seeking to improve its racial diversity. 8

    Financials

    As a state-level project of States Newsroom, Rhode Island Current is not an independent nonprofit and States Newsroom handles its finances. States Newsroom does not itemize how much money is allocated to its various sub-entities in its tax filings. 9 RIC’s donation page notes that donations are processed via States Newsroom, and notes that check donations that are earmarked for RIC must be mailed to States Newsroom. 6

    Organization Philosophy

    The Rhode Island Current and States Newsroom do not have a stated ideological position. In 2019, States Newsroom self-identified as a “a progressive political journalism startup,” though it does not use such framing in job listings as of March 2024. 10 8 2 1

    However, both RIC and States Newsroom embrace the left-of-center philosophy of diversity, equity, inclusion, and justice (DEIJ). RIC states that media has historically been full of privileged people that uphold systemic racism, that it intends to use its journalism to effect “positive social change”, and that the values of diversity and equity guide all levels of its reporting. 3

    Leadership

    Janine L. Weisman is the editor of the Rhode Island Current. She previously worked 25 years at the Newport Daily News and is an adjunct professor of journalism at Roger Williams University. 1

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $9,882,443 $27,454,229 $29,387,263 View
    2023 $12,605,033 $17,087,945 $25,370,322 View
    2022 $20,477,632 $23,399,713 $18,734,586 View
    2021 $13,800,464 $21,635,211 $13,180,253 View
    2020 $5,387,023 $9,976,227 $9,679,997 View

    Prior year filings: 2019

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 256

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Christopher FitzsimonPRESIDENT & DIRECTOR$238,813
    Scott GreenbergerSTATELINE EXECUTIVE EDITOR$186,809
    Barbara BarrettSTATELINE MANAGING EDITOR$143,349
    Noelle StraubSTATELINE DEPUTY MANAGING EDITOR$139,516
    Andrea VerykoukisCHIEF OPERATING OFFICER$136,134
    Jane NormanDC BUREAU CHIEF$134,131

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $64,270,435
    • Number of Grants: 104
    • Number of Funders: 63

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

    AmountYearFunderSubject
    $23,463,6612022 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $13,370,9002021 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $9,700,0002024 ROCKEFELLER FAMILY FUND INCGENERAL SUPPORT
    $9,213,2752020 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $3,000,0002023 The Pew Charitable TrustsPolicy
    $1,001,4102024 The Susan Thompson Buffett FoundationPROGRAM SUPPORT
    $1,000,0002020 Wyss Foundation
    $448,9752024 The Pew Charitable TrustsPolicy
    $285,0002024 A.J. Fletcher FoundationNC NEWSLINE
    $285,0002023 A.J. Fletcher FoundationNC NEWSLINE JOURNALISM
    $251,5962022 The Susan Thompson Buffett FoundationPROJECT SUPPORT
    $250,8912024 The Susan Thompson Buffett FoundationPROGRAM SUPPORT
    $150,0002024 Omidyar Network Fund, Inc.To support independent media reporting and the public's education
    $114,0002023 CUB Consumer Education and Research FundBETTER GRID PROJECT
    $109,2502022 CUB Consumer Education and Research FundCLEAR REGIONAL TRANSITIONAL OPERATORS (RTO) PROJECT
    $100,0002025 Weitz Family FoundationGENERAL OPERATING
    $100,0002024 Z. Smith Reynolds FoundationFOR GENERAL OPERATING SUPPORT
    $100,0002024 Lexington Observer IncMEDIA SUPPORT
    $82,0002022 The Oak Hill FundCONTINUED SUPPORT FOR A REPORTER COVERING ENERGY AND ENVIRONMENTAL ISSUES IN VIRGINIA FROM A STATEWIDE PERSPECTIVE.
    $81,1802023 PRO Publica, Inc.PARTICIPATION IN LOCAL REPORTING NETWORK INITIATIVE
    $80,0002021 Gezellig FoundationGENERAL SUPPORT
    $77,0002020 The Oak Hill FundCONTINUED SUPPORT FOR THEIR DEDICATED ENERGY AND ENVIRONMENT REPORTER.
    $74,1252025 Donor Advised Charitable Giving, Inc.ARTS, CULTURE & HUMANITIES
    $61,6932024 PRO Publica, Inc.PARTICIPATION IN LOCAL REPORTING NETWORK INITIATIVE
    $60,0002024 Robert W Deutsch FoundationGENERAL OPERATING GRANT

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $2,105,000
    • Number of Grants: 8
    • Number of Recipients: 3

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

    AmountYearFunderSubject
    $310,0002022 NORTH CAROLINA JUSTICE CENTERSUBGRANT TO SPONSOR ACTIVITIES CARRIED OUT BY THE ORGANIZATION
    $310,0002021 NORTH CAROLINA JUSTICE CENTERSUBGRANT TO SPONSOR ACTIVITIES CARRIED OUT BY THE ORGANIZATION
    $310,0002020 NORTH CAROLINA JUSTICE CENTERSUBGRANT TO SPONSOR ACTIVITIES CARRIED OUT BY THE ORGANIZATION
    $250,0002021 Maryland Matters IncSUBGRANT TO SPONSOR ACTIVITIES CARRIED OUT BY THE ORGANIZATION
    $250,0002020 Maryland Matters IncSUBGRANT TO SPONSOR ACTIVITIES CARRIED OUT BY THE ORGANIZATION
    $225,0002022 Maine People's Resource CenterSUBGRANT TO SPONSOR ACTIVITIES CARRIED OUT BY THE ORGANIZATION
    $225,0002021 Maine People's Resource CenterSUBGRANT TO SPONSOR ACTIVITIES CARRIED OUT BY THE ORGANIZATION
    $225,0002020 Maine People's Resource CenterSUBGRANT TO SPONSOR ACTIVITIES CARRIED OUT BY THE ORGANIZATION

    Mentioned in this Article

    References

    1. “About.” Rhode Island Current. Accessed March 18, 2024. https://rhodeislandcurrent.com/about/.
    2. “About.” States Newsroom. Accessed March 14, 2024. https://statesnewsroom.com/about/.
    3. “DEIJ Policy.” Rhode Island Current. Accessed March 18, 2024. https://rhodeislandcurrent.com/deij-policy/.
    4. “Newsrooms.” States Newsroom. Accessed March 14, 2024. https://statesnewsroom.com/newsrooms/.
    5. States Newsroom, Return of an organization exempt from taxation ( Form 990) Schedule O, 2022.
    6. “Donate.” Rhode Island Current. Accessed March 18, 2024. https://rhodeislandcurrent.com/donate/.
    7. “States Newsroom Hiring Media Administrative Assistant in Chapel Hill, North Carolina, United States.” LinkedIn. July 8, 2019. Accessed March 14, 2024. https://www.linkedin.com/jobs/view/media-administrative-assistant-at-states-newsroom-1362718370/.
    9. States Newsroom, Return of an organization exempt from taxation (Form 990) Part I, 2022.
    10. [1] “States Newsroom Hiring Media Administrative Assistant in Chapel Hill, North Carolina, United States.” LinkedIn. July 8, 2019. Accessed March 14, 2024. https://www.linkedin.com/jobs/view/media-administrative-assistant-at-states-newsroom-1362718370/.