Calling yourself a non-profit news outlet isn’t so easy


You had it with the mainstream media. Phuh on their money!!!

Or you are starting anew and this is going to be your voice, your embrace of truth, your chance to tell the truth.

Without making money. Or without making a lot of money. Or by calling yourself a non-profit news publication.

from Newser.com

Or, say you are a non-profit and you are going to mix in some money from advertisers and you want to keep your tax status.

You may have problems with the Internal Revenue Service and you may be among a heap of others.

Here’s an article from the Columbia Journalism Review which lays out this situation:

http://www.cjr.org/the_news_frontier/will_the_irs_derail_nonprofit_journalism.php

 

 

When you to to CJR, you’ll see other stories about the issue too.

And here’s an article from the NonProfit Times, which explores similar territory.

http://www.thenonprofittimes.com/article/detail/backlog-precedent-stall-tax-exempt-status-of-news-groups-4150

As community news outlets discover that they need more than grants and community funds to exist, they are looking into the kind of revenue mix that apparently calls for careful footing.

If you’ve had a problem like these listed above in the articles, or want to talk about how you are moving ahead on this road towards being a non-profit with just a little money coming in, please let me

steve@chicagoistheworld.org

 



Written by on November 28, 2011

Filed Under: ETHNIC MEDIA

Tags: , , ,



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