Montana Newspaper Association is located in Helena, MT. The organization was established in 1970. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Montana Newspaper Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana Newspaper 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 12/2021, Montana Newspaper Association generated $606.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $687.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. 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
TO ADVANCE AND SUSTAIN THE NEWS PUBLISHING INDUSTRY IN MONTANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE NEWS PUBLISHING INDUSTRY AND NEWSPAPER READERSHIP ACROSS MONTANA. PROVIDE PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR NEWS PUBLISHING PROFESSIONALS. PROTECT FUNDAMENTAL RIGHTS ESSENTIAL TO EFFECTIVE NEWS GATHERING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Gibson Former Executive Director | Officer | 40 | $38,923 |
Chad Knudson President | OfficerTrustee | 1 | $0 |
George Hoffman 1st Vice President | OfficerTrustee | 1 | $0 |
Erica Yakawich 3rd Vice President | OfficerTrustee | 1 | $0 |
Anton Kaufer 2nd Vice President | OfficerTrustee | 1 | $0 |
Jeff Martinsen Mnas President | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $157,814 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $13,050 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $170,864 |
Total Program Service Revenue | $32,636 |
Investment income | $36 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $7,882 |
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 | $606,067 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $500 |
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. | $38,923 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $147,890 |
Pension plan accruals and contributions | $3,084 |
Other employee benefits | $8,255 |
Payroll taxes | $13,854 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,185 |
Fees for services: Accounting | $90,687 |
Fees for services: Lobbying | $12,945 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $59,455 |
Advertising and promotion | $0 |
Office expenses | $11,726 |
Information technology | $47,519 |
Royalties | $0 |
Occupancy | $19,247 |
Travel | $6,997 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $21,474 |
Interest | $2,500 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,755 |
Insurance | $3,026 |
All other expenses | $6,132 |
Total functional expenses | $687,871 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $68,743 |
Savings and temporary cash investments | $45,201 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $107,639 |
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 | $0 |
Net Land, buildings, and equipment | $121,681 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $343,264 |
Accounts payable and accrued expenses | $46,868 |
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 | $46,868 |
Net assets without donor restrictions | $296,396 |
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 | $343,264 |
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