38 39 Financial Information First Look Institute relies on the generosity of individual and institutional contributors to support the organization’s mission: Freedom of expression and the press ensures a healthy democracy and a vibrant culture. First Look Institute believes in accountability and transparency in how these valuable donations are allocated to fulfill its mission. In 2020, First Look Institute celebrated the growth of its membership community to 70,000. The organization’s work is carried out by 89 staff who are dedicated to upholding and furthering its mission each day. Statement of Activities For the year ended December 31, 2020 (in thousands) Operating Revenues: Contributions of Cash $25,875 Contributions in Kind $596 Content & Other Income $767 Interest & Dividends $30 Total Operating Revenues $27,268 Operating Expenses: Program Services $17,463 Supporting Services $6,759 Occupancy $3,426 Financial Support Distributed $896 Fundraising Expenses $734 Total Operating Expenses $29,278 Net assets at end of year $18,909 The information presented here is extracted from First Look Institute’s audited financial statements and presented for convenience. First Look Institute’s Form 990 returns are available at our website: www.firstlookinstitute.org. Our audited financial statements are available on request. Judy Somberg and Larry Rosenberg Lore Stanziano Robert Stern Sally Stix Mitch Sukalski James Summerton Sandie Susilovich Gordon Svoboda Usman Tahir Frederick Teichert Dale Thomas Libby Titus Fagen Marjorie Trifon Simon Trinca Kyla van Buren Glorimari Vargas Nicole and Mark Veldman Thomson von Stein Norm Waitt Markus Walser Colleen Waring Stephen Waterman Roger Waters Ruth Westreich Adrienne White Teresa Whitley Allison Wilson Robert Winn Sharon Winn Simon Winter Scott Wood-Prince Roger Wu Basel Yanes Family Fund Shoshana Zuboff Institutions Defense Against Thought Control Foundation The Entheogen Fund Highbury Foundation via PEN Canada Loring, Wolcott & Coolidge Charitable Trust Mattlin Foundation Maurice Amado Foundation The John D. and Catherine T. MacArthur Foundation Meek Foundation The Miami Foundation Puffin Foundation West, Ltd. Salesforce Foundation Silicon Valley Community Foundation Revenue Expenses First Look Institute strives to provide accurate donor information. We apologize for any inaccuracies or unintended exclusions in our reporting. Business Operations $2.2M Program Expenses by Service The Intercept $21.7M Field of Vision $4.7M Press Freedom Defense Fund $0.8M Program Expenses by Function Content, Program & Staff Expenses $17.5M (60%) G&A $6.8M (23%) Occupancy $3.4M (12%) Financial Support Distributed $0.9M (3%) Fundraising Expenses $0.7M (2%) Membership 6K 19K 50K 70K 2017 2018 2019 2020 Contributions $13.7M $32.7M $28.4M $26.7M 2017 2018 2019 2020