Student Publications Incorporated
- Assets
- $1.9m
- Revenue
- $1.7m
- Investments
- $725.3k
- Employees
- 58
- Location
- Iowa City, IA
- Founding
- 01/1976
- Data as of
- 06/2021
- EIN
- 42-1041859
Organization Overview
Student Publications Incorporated is located in Iowa City, IA. The organization was established in 1976. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Student Publications Incorporated employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Student Publications Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Student Publications Incorporated generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $969.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS ORGANIZATION PUBLISHES NEWS CONTENT IN PRINT AND ONLINE, PRIMARILY FOR THE UNIVERSITY OF IOWA COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF STUDENT NEWSPAPER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Brummond Publisher | Officer | 40 | $123,263 |
Jeff Browne Chair | OfficerTrustee | 1 | $0 |
Melissa Tully Vice Chair | OfficerTrustee | 1 | $0 |
Juli Krause Secretary | Officer | 1 | $0 |
Ryan Foley Trustee | Trustee | 1 | $0 |
Steve Batterson Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $115,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $755,174 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $870,574 |
| Total Program Service Revenue | $816,759 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,687,333 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $27,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $138,294 |
| Compensation of current officers, directors, key employees. | $138,294 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $428,668 |
| Pension plan accruals and contributions | $18,962 |
| Other employee benefits | $43,392 |
| Payroll taxes | $28,079 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,105 |
| Fees for services: Accounting | $18,505 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,694 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,000 |
| Travel | $28,557 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,539 |
| Insurance | $10,820 |
| All other expenses | $10,736 |
| Total functional expenses | $969,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $417,632 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $633,868 |
| Accounts receivable, net | $20,742 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,544 |
| Prepaid expenses and deferred charges | $688 |
| Net Land, buildings, and equipment | $53,317 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $725,284 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,877,075 |
| Accounts payable and accrued expenses | $5,991 |
| Grants payable | $0 |
| Deferred revenue | $4,352 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,343 |
| Net assets without donor restrictions | $499,334 |
| Net assets with donor restrictions | $1,367,398 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,877,075 |
Endowment Analysis
| Beg. Balance | $600,183 |
| Earnings | $178,138 |
| Admin Expense | $8,509 |
| Other Expense | $34,727 |
| Ending Balance | $735,085 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Center For Economic Research And Social Change Inc Chicago, IL | $10,561,395 | $6,102,602 |
Graywolf Press Minneapolis, MN | $6,471,480 | $4,234,529 |
Life Christian Outreach Inc Columbia, MO | $987,065 | $3,533,207 |
The Christian Century Chicago, IL | $17,596,828 | $3,273,341 |
Investigative Reporters And Editors Inc Columbia, MO | $8,372,941 | $3,252,818 |
National Scholastic Press Association Minneapolis, MN | $1,606,709 | $1,839,940 |
Minnpost Minneapolis, MN | $1,303,702 | $1,954,386 |
Growing Community Media Nfp Oak Park, IL | $1,136,740 | $1,810,239 |
Cedille Chicago Nfp Chicago, IL | $9,252,779 | $1,449,691 |
Wcij Inc Madison, WI | $2,099,123 | $1,902,825 |
Iowa State Daily Publication Ames, IA | $272,602 | $1,179,802 |
Student Publications Incorporated Iowa City, IA | $1,877,075 | $1,687,333 |