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THE DRIFT MAGAZINE FOUNDATION INC

NEW YORK, NY · EIN 844943008 · Form 990 · FY2024 · NTEE P99 · Human Services · Small ($100K-$1M) · thedriftmag.com
revenue
$640K
expenses
$617K
net assets
$278K
employees
6
volunteers
1
program ratio
69%
mission · from form 990

THE DRIFT AIMS TO INTRODUCE NEW WORK AND NEW IDEAS BY YOUNG WRITERS WHO HAVENT YET BEEN ABSROBED INTO THE MEDIA HIVEMIND AND DONT FEEL HEMMED IN BY THE BOUNDARIES OF THE EXISTING DISCOURSE.

profile · synthesized from sources

The Drift Magazine Foundation publishes a literary and political journal that features essays, fiction, poetry, and interviews by emerging and established writers. It aims to amplify new voices and ideas outside mainstream discourse, with a focus on cultural and political critique. The publication operates primarily through digital and print distribution.

named programs · 1 · from sources

What they call their work

The Drift Magazine
Quarterly publication featuring essays, fiction, poetry, and interviews that challenge dominant narratives and highlight emerging writers
activities · 3 groups

What they do

  • Literary and Cultural Publishing 3 activities
    • Commissioning and publishing special series
      Commissions and publishes focused series such as "Dispatches," which featured nine writers examining how opinions are formed and contested across platforms like Substack, social media, and public spaces, contributing to broader cultural and political discourse.
    • Publication of The Drift magazine
      Produces and distributes three print issues annually of The Drift magazine, featuring longform essays, cultural criticism, fiction, poetry, interviews, dispatches, and reviews focused on politics, culture, and literature. Recent issues include thematic explorations of the contemporary public sphere, political economy, and social discourse.
    • Supporting emerging writers outside mainstream media
      Provides a platform for emerging young writers to publish new work and ideas that exist outside dominant mainstream media discourse, fostering intellectual and creative exploration through its publication and editorial focus.
  • Membership Program Administration 1 activity
    • Offering paid subscriptions with automatic renewal
      Offers one-year paid subscriptions to The Drift magazine with automatic renewal, enabling sustained reader engagement and financial support for the publication.
  • Literary Publishing and Support Programs 1 activity
    • Paying contributors for published work
      Compensates writers for contributions to The Drift magazine, including $2,000 for essays, $500–$1,000 for short stories, $150 for poems, and $25 for Mentions, supporting emerging and established voices in literary and critical writing.
financials · form 990 · fy2024
revenue
Total revenue$640K
Contributions & grants$372K58%
Program service revenue$229K36%
Investment income$430%
Other revenue$40K
expenses
Total expenses$617K
Program expenses69%
Admin / overhead20%
Fundraising12%
Salaries & benefits$306K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$278K
Cash$278K
Investments$0
Liabilities$0
Net assets$278K
Liquid reserves5.4 mo
4 years on record · 2020–2024 · YoY revenue +5.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
KIARA BARROW CO-PRESIDENT/SECRETARY 40 $40K
REBECCA PANOVKA CO-PRESIDENT/TREASURER 40 $38K
relationships · 4

Who they work with

  • EBSCO Partner — Partner for institutional subscription sales.
  • Jürgen Habermas Partner — Engaged with the philosophical framework of Jürgen Habermas, particularly his theory of the public sphere, as a foundation for editorial inquiry.
  • Omisha Partner — Orthodontist who collaborates on discussions about dental archaeology and shares insights about dental remains.
  • The New York Times Partner — Featured in The New York Times as “the lit mag of the moment”
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Amplifying Emerging Voices Outside Mainstream Media
    methodology: amplifying emerging voices outside mainstream media
    By publishing young writers who challenge dominant narratives and operate outside conventional discourse, we produce innovative and boundary-pushing ideas because exposure to marginalized perspectives fosters critical re-evaluation of entrenched assumptions in politics, media, and academia.
  • Curated Critical Examination of Public Opinion
    methodology: curated critical discourse
    By curating diverse contributions to critically examine how public opinion is formed and contested across media and social platforms, we foster democratic discourse because structured pluralism exposes readers to a range of perspectives that challenge unspoken assumptions and promote reflective engagement.
  • Interdisciplinary Cultural and Critical Discourse
    methodology: multidisciplinary-cultural-critique
    By integrating cultural, political, literary, and scholarly perspectives through a multidisciplinary editorial approach, we produce deeper critical engagement with structural power and ideological formations because diverse modes of inquiry reveal systemic patterns that single-discipline analysis may miss.