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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Franklin News Foundation

Franklin News Foundation

Fiscal year ending 2024. Filed on November 17, 2025.

20 N Clark Street 3300
Chicago, Illinois 60602

Franklin News Foundation (EIN: 26-4066298) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Franklin News Foundation, a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $218,836. The highest compensated employee at Franklin News Foundation is Christopher Krug with fiscal year 2024 compensation of $421,650. Franklin News Foundation changed its name from Franklin News Foundation Fka Franklin Center for Government & Pub in 2020.

Revenue, expenses, and employee compensation

Revenue

$5,756,520

Expenses

$5,426,924

Employee compensation

$3,643,480
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Christopher Krug
Chief Executive Officer
$421,650
$421,650 No related compNo other comp
Daniel McCaleb
Chief Content Officer
$216,988
$216,988 No related compNo other comp
Laurel Abraham
Chief Operating Officer
$172,943
$172,943 No related compNo other comp
Jerry Lyles
Vice President of Syndication and Distribution
$165,941
$165,941 No related compNo other comp
Cole Lauterbach
Employee
$116,658
$116,658 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bradley Walton
Secretary and Treasurer
Eric Sucharski
Director
Jennifer Stefano
Director
John Tillman
Chair

Contractors

Bearing Tree Incorporated
$498,740
Iron Light Incorporated
$299,999
Alethea Media Group LLC
$114,675

Mission Statement

THE MISSION OF FRANKLIN NEWS FOUNDATION IS TO PROMOTE SOCIAL WELFARE AND CIVIL BETTERMENT BY UNDERTAKING PROGRAMS THAT PROMOTE JOURNALISM AND THE EDUCATION OF THE PUBLIC ABOUT CORRUPTION, INCOMPETENCE, FRAUD OR TAXPAYER ABUSE BY ELECTION OFFICIALS AT ALL LEVELS OF GOVERNMENT.

Revisions to this organization profile

November 17, 2025:
2024 Franklin News Foundation 990 filed
November 15, 2024:
2023 Franklin News Foundation 990 filed
November 15, 2023:
2022 Franklin News Foundation 990 filed

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