National Newspapers Publishers Association
- Assets
- $2.8m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 9
- Location
- Washington, DC
- Founding
- 03/1976
- Data as of
- 12/2023
- EIN
- 52-0982972
Organization Overview
National Newspapers Publishers Association is located in Washington, DC. 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 12/2023, National Newspapers Publishers Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Newspapers Publishers Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, National Newspapers Publishers Association generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $4.1m during the year ending 12/2023. While expenses have increased by 10.1% 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
THE NATIONAL PUBLISHERS ASSOCIATION (NNPA) IS A FEDERATION OF NEARLY 200 BLACK COMMUNITY NEWSPAPERS FROM ACROSS THE UNITED STATES. THE ORGANIZATION WAS ORGANIZED TO PROVIDE A NATIONAL FORUM FOR AFRICAN-AMERICANS IN NEWSPAPER PUBLISHING AND SERVES THE INDUSTRY'S NEWS SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED 200 DAILY AND WEEKLY MINORITY-OWNED NEWSPAPERS IN THE U.S. BY ACTING AS FISCAL AGENT AND FACILITATOR TO PROVIDE PRINT AND WEB ADVERTISING PLACEMENT SERVICES.
36 MONTH MULTI-MEDIA PUBLIC AWARENESS CAMPAIGN FOCUSED ON UNIQUE OPPORTUNITIES AND CHALLENGES OF EVERY STUDENT SUCCEEDS ACT (ESSA) THROUGH SERIES OF EDUCATIONAL EVENTS, EDITORIAL CONTENT AND MEDIA BUYS.
NNPA HELD TWO MAJOR CONFERENCES TO PROVIDE CONTINUING EDUCATION FOR ITS MEMBERS IN THE FORM OF LECTURES, INDUSTRY PANELS, AND SYMPOSIUMS. TOPICS INCLUDED STRATEGIC PARTNERSHIPS, FINANCIAL MANAGEMENT, AND CAPITALIZING ON INDUSTRY CHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Carter Richards Chair | OfficerTrustee | 1 | $0 |
Janis L Ware 1st Vice Chair | OfficerTrustee | 5 | $0 |
Brenda Andrews Board Member | Trustee | 1 | $0 |
Hiram Jackson Board Member | Trustee | 1 | $0 |
Jackie Hampton Secretary | OfficerTrustee | 1 | $0 |
Cheryl Smith Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Reed Smith Llp Attorney | 12/30/23 | $322,238 |
Haberman Marlow Ta Lighthouse Strategic Web/digital Manager | 12/30/23 | $197,035 |
R&j Bruke Enterprises Inc Sales | 12/30/23 | $123,793 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $47,323 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,323 |
| Total Program Service Revenue | $3,736,977 |
| Investment income | $58,833 |
| 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 | $3,843,133 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $253,950 |
| Compensation of current officers, directors, key employees. | $63,487 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $392,992 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $276,457 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $344,292 |
| Advertising and promotion | $173,175 |
| Office expenses | $81,539 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $159,178 |
| Travel | $219,855 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,213,835 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,579 |
| Insurance | $19,843 |
| All other expenses | $141,898 |
| Total functional expenses | $4,086,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $781,596 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,729,102 |
| 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 | $173,008 |
| Net Land, buildings, and equipment | $104,365 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,868 |
| Total assets | $2,789,939 |
| Accounts payable and accrued expenses | $821,008 |
| Grants payable | $0 |
| Deferred revenue | $985,000 |
| 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 | $1,806,008 |
| Net assets without donor restrictions | $983,931 |
| Net assets with donor restrictions | $0 |
| 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 | $2,789,939 |