Missouri Press Foundation Inc
- Assets
- $729.0k
- Revenue
- $213.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Columbia, MO
- Founding
- 03/1985
- Data as of
- 12/2023
- EIN
- 43-1342904
Organization Overview
Missouri Press Foundation Inc is located in Columbia, MO. The organization was established in 1985. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri Press Foundation Inc 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 12/2023, Missouri Press Foundation Inc generated $213.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $194.0k during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING JOURNALISM SCHOLARSHIPS AND FACULTY HONORARIUMS, CONDUCTING JOURNALISM SEMINARS, MAKING JOURNALISM MERIT AWARDS, COLLECTING & PRESERVING OLD PRINTING PRESSES & PRINTING EQUIPMENT AND OPERATING HISTORICAL MUSEUMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEWSPAPERS IN EDUCATION: THIS PROGRAM'S PURPOSE IS TO GET PRINTED NEWSPAPERS INTO SCHOOL CLASSROOMS, INSTRUCTING CLASSROOM TEACHERS HOW TO USE THE NEWSPAPER AS A TEACHING TOOL, ENGAGING YOUNG STUDENTS IN READING NEWSPAPERS, PROMOTING CIVIC EDUCATION, PROMOTING HISTORY OF MISSOURI AND THE UNITED STATES.
OTHER PROGRAMS CONSIST OF ACTIVITIES TO PROMOTE THE ORGANIZATION'S MISSION AS STATED BELOW: PROVIDING JOURNALISM SCHOLARSHIPS AND FACULTY HONORARIUMS, CONDUCTING JOURNALISM SEMINARS, MAKING JOURNALISM MERIT AWARDS, COLLECTING & PRESERVING OLD PRINTING PRESSES & PRINTING EQUIPMENT AND OPERATING HISTORICAL MUSEUMS.
BETTER NEWSPAPER CONTEST: FOR MORE THAN 60 YEARS, THE PRESS ASSOCIATION HAS HONORED ITS MEMBERS ANNUALLY FOR THEIR BEST WORK IN NEWSPAPER REPORTING, EDITING, PHOTOGRAPHY, DESIGN, EDITORIAL WRITING, ADVERTISING, COMMUNITY SERVICE, GENERAL EXCELLENCE, ETC. NEWPAPERS SUBMIT CONTEST ENTRIES AND JUDGING IS CONDUCTED BY A PRESS ASSOCIATION'S MEMBERS IN ANOTHER STATE. PLAQUES AND CERTIFICATES ARE PRESENTED TO THE WINNERS DURING THE ANNUAL AWARDS LUNCHEON AT THE MISSOURI PRESS CONVENTION IN THE FALL.
PHOTOJOURNALISM HALL OF FAME: THE MISSOURI PHOTOJOURNALISM HALL OF FAME ENDEAVORS TO RECOGNIZE THOSE PEOPLE WHO HAVE MADE OUTSTANDING CONTRIBUTIONS TO MISSOURI PHOTOJOURNALISM, AND TO PROVIDE AN EXHIBIT VENUE TO SHOWCASE THESE VISUAL REPORTING PIONEERS, AND THE WORK OF CURRENT PHOTOJOURNALISTS. INDUCTEES ARE RECOGNIZED FOR ONE OR MORE OF THE FOLLOWING: OUTSTANDING PHOTOJOURNALISM ACHIEVEMENT; LONG-TERM PHOTOGRAPHY FOR A MISSOURI NEWSPAPER OR OTHER PUBLICATION OR JOURNALISM OUTLET; LEADERSHIP IN EDUCATION; ETHICAL VALUES AND INTEGRITY; AND CONTRIBUTIONS TO COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Harper Executive Di | Officer | 40 | $70,602 |
Ruby Bailey Director | Trustee | 2 | $0 |
Dave Berry Vice Preside | Trustee | 2 | $0 |
Amos Bridges Director | Trustee | 2 | $0 |
Brian Brooks President | Trustee | 2 | $0 |
Kathy Conger Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $152,822 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,822 |
| Total Program Service Revenue | $17,371 |
| Investment income | $15,510 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,136 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $213,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,800 |
| Grants and other assistance to domestic individuals. | $32,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,748 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,788 |
| Payroll taxes | $5,408 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,580 |
| Fees for services: Other | $1,192 |
| Advertising and promotion | $708 |
| Office expenses | $1,972 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,901 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $5,879 |
| Conferences, conventions, and meetings | $3,815 |
| Interest | $26 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,781 |
| All other expenses | $6,375 |
| Total functional expenses | $193,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,423 |
| Savings and temporary cash investments | $29,139 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,986 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $608,209 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $65,268 |
| Total assets | $729,025 |
| Accounts payable and accrued expenses | $5,852 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $5,852 |
| Net assets without donor restrictions | $326,461 |
| Net assets with donor restrictions | $396,712 |
| 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 | $729,025 |