Kansas Press Association
- Assets
- $616.3k
- Revenue
- $739.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Topeka, KS
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 48-0290155
Organization Overview
Kansas Press Association is located in Topeka, KS. The organization was established in 2019. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Kansas Press Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas Press Association 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 12/2021, Kansas Press Association generated $739.9k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $645.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE THE LEGACY AND TO ENSURE AND ADVANCE THE PROMINENCE OF KANSAS NEWSPAPERS AND THE COMMUNITIES THEY FAITHFULLY SERVE
Describe the Organization's Program Activity:
TO PRESERVE THE LEGACY AND ENSURE AND ADVANCE THE PROMINENCE OF KANSAS NEWSPAPERS AND THE COMMUNITIES THEY FAITHFULLY SERVE.
TO PROMOTE THE USE OF NEWSPAPERS IN KANSAS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Cott Treasurer | OfficerTrustee | $0 | |
David Allen Seaton President | OfficerTrustee | $0 | |
Tim Stauffer 1st Vice Pre | OfficerTrustee | $0 | |
Robin Clasen Wunderlich Past Preside | OfficerTrustee | $0 | |
Nickole Byers Nw Dist Dire | Trustee | $0 | |
Dale Hogg Sw Dist Dire | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $91,169 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $99,360 |
| 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 | $190,529 |
| Total Program Service Revenue | $74,439 |
| Investment income | $7,722 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,838 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $29,528 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $739,914 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $227,662 |
| Pension plan accruals and contributions | $7,361 |
| Other employee benefits | $23,587 |
| Payroll taxes | $16,005 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,103 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,250 |
| Advertising and promotion | $227,465 |
| Office expenses | $5,764 |
| Information technology | $7,351 |
| Royalties | $0 |
| Occupancy | $10,647 |
| Travel | $1,248 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,887 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,326 |
| Insurance | $6,990 |
| All other expenses | $8,540 |
| Total functional expenses | $645,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,866 |
| Savings and temporary cash investments | $259,267 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $157,289 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,331 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,643 |
| Net Land, buildings, and equipment | $21,525 |
| Investments—publicly traded securities | $153,364 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25 |
| Total assets | $616,310 |
| Accounts payable and accrued expenses | $25,834 |
| Grants payable | $0 |
| Deferred revenue | $110,588 |
| 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 | $16,910 |
| Total liabilities | $153,332 |
| Net assets without donor restrictions | $462,978 |
| 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 | $616,310 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unite America Institute Inc Denver, CO | $2,264,353 | $5,276,672 |
Community Choice Credit Union Commerce City, CO | $105,371,750 | $3,746,307 |
Kansas Bankers Association Topeka, KS | $5,027,759 | $3,475,144 |
Oklahoma Bankers Association Oklahoma City, OK | $7,110,372 | $3,904,069 |
Metric Media Foundation Harrisonville, MO | $333,905 | $1,765,390 |
United States Public Interest Research Group Education Fund Denver, CO | $4,370,357 | $852,670 |
Missouri Independent Bankers Association Incorporated Jefferson City, MO | $1,281,760 | $1,238,995 |
Colorado Taxpayers Advocate Fund Inc Castle Pines, CO | $97,723 | $975,000 |
The Avery Center Greeley, CO | $181,149 | $821,658 |
Kansas Press Association Topeka, KS | $616,310 | $739,914 |
Middlewest Motor Freight Bureau Kansas City, MO | $5,124,243 | $478,919 |
Association For The Friends Of Justice For The 43rd Judicial Circ Hamilton, MO | $485,204 | $475,461 |