IRS Not Fond of Nonprofit Status for News Orgs
Columbia Journalism Review‘s Ryan Chittum has an interesting piece about the glacial pace non-profit news orgs are seeing their tax exempt status considered by the IRS.
A few examples:
[San Francisco Public Press] doesn’t accept advertising. It’s run by volunteers and has no salaried employees. It covers local public policy issues and eschews sports, entertainment news, and restaurant reviews. It loses money and is subsidized by donations and foundation grants.
But the IRS got the paper’s application nearly two years ago and still hasn’t given it an answer….
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