From public IRS filings
LEXINGTON OBSERVER INC
LEXINGTON, MA · Arts, Culture & Humanities
Mission
THE LEXINGTON OBSERVER IS A HYPERLOCAL, DIGITAL-FIRST, NONPROFIT NEWS SITE COVERING ISSUES THAT MATTER MOST TO PEOPLE IN LEXINGTON, INCLUDING LOCAL GOVERNMENT, EDUCATION, ECONOMY, ENVIRONMENT AND CULTURE. THE MISSION OF THE ORGANIZATION IS TO INCREASE UNDERSTANDING AND PARTICIPATION IN LEXINGTON MASSACHUSETTS THROUGH LOCAL, COMMUNITY JOURNALISM.
Financials (IRS Form 990)
Total revenue
$1.7M
Total expenses
$640K
Total assets
$1.1M
Program expense ratio
9296%
Source: IRS Form 990, tax year 2023.
Who funds LEXINGTON OBSERVER INC
$2.8M in foundation grants on record from 7 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Bright Future Fund | $2M | 1 |
| Fidelity Investments Charitable Gift Fund | $361K | 2 |
| Santa Barbara Foundation | $300K | 1 |
| Donor Advised Charitable Giving | $269K | 2 |
| State Leadership Project | $141K | 1 |
| Amalgamated Charitable Foundation | $100K | 1 |
| Institute for Nonprofit News | $40K | 2 |
| Miami Foundation | $35K | 2 |
| Local Independent Online News Publishers | $26K | 2 |
| Community Foundation for Metrowest | $7K | 1 |
Leadership
NICHOLAS MELE — CHAIR (Principal officer)
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