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By Charles Lewis, Kate Musselwhite and Brittney Butts
The recent momentum of the new nonprofit journalism phenomenon is continuing despite the difficult U.S. economy, according to an analysis by the Investigative Reporting Workshop’s iLab.
A year after publishing our initial new journalism ecosystem story, searchable database and national map, we have revisited each of the original 60 nonprofit news publishers profiled, and we have included 15 additional journalistic nonprofits, most of them recently created organizations.
The cumulative annual operating budget totals for the original 60 nonprofit news publishers profiled in October 2010 was $84 million, not including estimated, non-disclosed budgets. A year later, these publishers’ operating budgets altogether are $86 million (including the final 2011 budget of the now-defunct Capitol News Connection). The annual operating budgets of 26 organizations remained the same; for 16 publishers, their budgets increased; for 10 organizations, their operating budgets decreased; and eight groups did not disclose their numbers. With the additional 15 nonprofit publishers (excluding CNC and including Consumer Reports, which has an annual budget of $43.1 million and roughly 600 full-time employees), the total annual funding and number of employees for the 75 journalistic organizations profiled in our database is $135 million and 1,300 full-time employees, respectively… Full story here.