100 Reporters

What it reported doing in 2025

Double exposure investigative film festival and symposium: 100reporters' mission is "to inform the public's right to know through investigative journalism and to adapt best "journalism tools and standards to the new media landscape." in line with this, the organization presented the eleventh annual edition of double exposure, the nation's only investigative film festival and symposium, october 30 through november 2, 2025, under the theme "the new fault lines." the festival screened 25 investigative documentaries selected from 113 submissions 13 feature-length films and 12 shorts across three strands dominated by films that go deep on issues of public interest, nearly all world, u.s., dc regional premieres. The slate included all the empty rooms, on the aftermath of school shootings for the families left behind, which went on to win the academy award for best documentary short; eugene jarecki's the six billion dollar man, which later won the first golden globe for documentary ever awarded, and cover-up, about legendary investigative journalist and dc resident seymour hersh. Alongside these high-profile works, the festival continued its commitment to surfacing new voices, including first-time director william howell, co-director with laura dyan kezman of cycle, on patterns of police violence in racine, wi. The concurrent dx symposium brought together filmmakers, journalists, funders and students for panel discussions on press freedom, disinformation and ai, and the documentary funding landscape and much more, alongside hands-on workshops on digital security, legal protection, and visual investigation techniques. Dx access | dx pitch organized one: one meetings with representatives from organizations including pbs, the New York times op-docs, propublica, the pulitzer center, and firelight media, giving emerging filmmakers direct access to funders, distributors, and commissioning editors.

Financial Efficiency

• Mission deployment rate: 97.7%; rating input score 98
• Program expense ratio: 82.8%; rating input score 83
• Fundraising efficiency: $39.23 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -18.1%; rating input score 13; 13th percentile among comparable filings
• Total-asset coverage ratio: 0.32; rating input score 17; 17th percentile among comparable filings
• Liabilities to assets ratio: 0.78; rating input score 5; 5th percentile among comparable filings
• Officer compensation ratio: 23.6%; rating input score 15; 15th percentile among comparable filings

Growth

• Program expense growth: 1.4% per year; rating input score 100; 34th percentile among comparable filings
• Revenue growth: 3.1% per year; rating input score 100; 36th percentile among comparable filings
• Asset growth: 4% per year; rating input score 100; 39th percentile among comparable filings