Student Publications Incorporated
- Assets
- $2.0m
- Revenue
- $895.2k
- Investments
- $971.2k
- Employees
- 56
- Location
- Iowa City, IA
- Founding
- 01/1976
- Data as of
- 06/2023
- 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 06/2023, Student Publications Incorporated employed 56 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 06/2023, Student Publications Incorporated generated $895.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION EXISTS TO SERVE THE UNIVERISTY OF IOWA. IT PUBLISHES NEWS CONTENT IN PRINT AND ONLINE FORMATS, AS WELL AS, PROVIDES A PROFESSIONAL LEARNING ENVIRONMENT FOR STAFF MEMBERS TO GAIN JOURNALISM EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF STUDENT NEWSPAPER
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Brummond Publisher | Officer | 40 | $135,488 |
Patrick Johnson Chair | OfficerTrustee | 1 | $0 |
Jackie Demolee Vice Chair | OfficerTrustee | 1 | $0 |
Olivia Augustine Trustee | Trustee | 1 | $0 |
Kirsten Kumpf Baele Trustee | Trustee | 1 | $0 |
Sara Konrad Baranowski Trustee | Trustee | 1 | $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 | $32,372 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,372 |
| Total Program Service Revenue | $860,932 |
| Investment income | $1,849 |
| 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 | $895,153 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $32,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,557 |
| Compensation of current officers, directors, key employees. | $151,557 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $484,930 |
| Pension plan accruals and contributions | $10,387 |
| Other employee benefits | $44,106 |
| Payroll taxes | $25,753 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,902 |
| Fees for services: Accounting | $10,030 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,153 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,017 |
| Travel | $51,875 |
| 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 | $29,811 |
| Insurance | $15,622 |
| All other expenses | $3,944 |
| Total functional expenses | $1,029,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $517,071 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $368,783 |
| Accounts receivable, net | $47,755 |
| 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 | $315 |
| Net Land, buildings, and equipment | $60,183 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $971,233 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,476 |
| Total assets | $1,999,816 |
| Accounts payable and accrued expenses | $10,055 |
| Grants payable | $0 |
| Deferred revenue | $5,322 |
| 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 | $34,476 |
| Total liabilities | $49,853 |
| Net assets without donor restrictions | $597,149 |
| Net assets with donor restrictions | $1,352,814 |
| 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 | $1,999,816 |