Free Press
Only null% goes to programs Strong reserves Growing revenue
Free Press is a 501(c)(3) organization based in Florence, Massachusetts, registered in 2004, with $5,837,022 in FY2024 revenue. CharityIndex grades it D.
Po Box 60238, Florence, MA, 01062 EIN 41-2106721 Since 2004
Revenue (FY2024)
$5.8M
▼ 34.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$7.3M
Net assets
$10.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Free Press— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating17 mo reserves · -26% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Free Press: 17 mo reserves · -26% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Free Press— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Free Press: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 60238, Florence, MA, 01062
- City
- Florence
- State
- Massachusetts
- Category
- Arts, Culture & Humanities
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue grew from $1.6M (FY2014) to $5.8M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $880KNet assets $10.5M
Operating margin
-25.8%
Spent more than it raised in the latest fiscal year.
Total assets
$11.4M
Total liabilities
$880K
Net assets
$10.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,837,022▼34.5% | $7,341,969▲12.7% | $10,524,803▼12.5% | $11,404,620▼13.1% | 990 |
| 2023 | $8,915,775▼12.2% | $6,512,640▲23.9% | $12,029,750▲25.0% | $13,125,528▲22.8% | 990 |
| 2022 | $10,157,505▲231% | $5,255,618▲15.2% | $9,626,615▲104% | $10,689,315▲105% | 990 |
| 2021 | $3,064,544▼51.6% | $4,562,115▲9.6% | $4,724,728▼24.1% | $5,225,748▼23.9% | 990 |
| 2020 | $6,325,612▲35.3% | $4,161,139▼8.7% | $6,222,299▲53.4% | $6,868,412▲51.1% | 990 |
| 2019 | $4,674,603▲134% | $4,555,721▲9.1% | $4,057,335▲3.0% | $4,545,191▲1.4% | 990 |
| 2018 | $1,995,817▼64.8% | $4,177,363▲27.4% | $3,938,453▼35.6% | $4,481,168▼31.6% | 990 |
| 2017 | $5,672,347▲28.2% | $3,278,337▲18.9% | $6,119,999▲64.3% | $6,548,783▲53.8% | 990 |
| 2016 | $4,424,641▲79.3% | $2,758,125▲19.7% | $3,725,989▲80.9% | $4,257,600▲83.8% | 990 |
| 2015 | $2,468,385▲52.3% | $2,304,444▼7.9% | $2,059,473▲8.6% | $2,316,187▲7.0% | 990 |
| 2014 | $1,620,469 | $2,501,301 | $1,895,532 | $2,164,072 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $4.8M total
62 grants to Free Press totaling $4.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New Venture Fund | Civil rights, social action, advocacy | 2024 | $250,000 |
| American Online Giving Foundation Inc | General support | 2024 | $153,490 |
| Fiduciary Charitable Foundation | Donations | 2024 | $118,000 |
| Hopewell Fund | Civil rights, social action, advocacy | 2024 | $100,000 |
| Amalgamated Charitable Foundation Inc | General operating support | 2024 | $50,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2023 | $320,000 |
| Hopewell Fund | Civil rights, social action, advocacy | 2023 | $300,000 |
| Policylink | Crosscutting strategies | 2023 | $175,000 |
| American Online Giving Foundation Inc | General support | 2023 | $9,273 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $7,815 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $6,880 |
| New Venture Fund | Civil rights, social action, advocacy | 2022 | $250,000 |
| Hopewell Fund | Civil rights, social action, advocacy | 2022 | $250,000 |
| Charities Aid Foundation America | Charitable donation | 2022 | $150,000 |
| Fiduciary Charitable Foundation | Donations | 2022 | $100,000 |
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Frequently asked questions
- Is Free Press a legitimate nonprofit?
- Yes. Free Press is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-2106721, based in Florence, Massachusetts. Donations are tax-deductible.
- What is Free Press's EIN?
- Free Press's Employer Identification Number (EIN) is 41-2106721.
- How much revenue does Free Press report?
- Free Press reported $5,837,022 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Free Press have?
- CharityIndex grades Free Press D, based on financial health (reserves and operating margin).
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Explore more
Data for Free Press (EIN 41-2106721) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.