Are the Leaders of Nonprofit News Site Overpaid?
October 2, 2009 | Read Time: 1 minute
Dan Gilmore, who runs the Knight Center for Digital Media Entrepreneurship, questions what he calls the “princely” salaries of the top two editors leading ProPublica, a nonprofit news organization that was established more than a year ago.
The item points to a report that Paul Steiger, ProPublica’s editor in chief, earned $570,000 last year. Stephen Engelberg, the managing editor, made $325,000.
“They can spin it any way they want, but they can’t really justify this kind of pay for people at a relatively small nonprofit,” Mr. Gilmore writes. “In the end, this will hurt ProPublica, not help.”
How do their salaries compare with other nonprofit executives? Read The Chronicle of Philanthropy ‘s recent report on executive compensation at nonprofit organizations to find out more.