The IRS and Nonprofit Media: A Step Forward Toward Creating a More Informed Public

Jan 01, 2015 | by
  • Description

This is a follow up to the 2013 report, The IRS and Nonprofit Media: Toward Creating an More Informed Public and reviews the current state of IRS determinations and rules surrounding nonprofit media organizations. Nonprofit media organizations are making vital contributions to society by providing coverage on important public topics that are being abandoned by commercial organizations, such as investigative and in-depth pieces on the state of health care and schools or stories that explore the experiences of minority, ethnic, or low-income communities. Although nonprofit media organizations are providing news and information that is useful to individuals and beneficial to communities, the field would continue to benefit from updated IRS guidance on the standards for their exemption as well as a checklist to help them prepare exemption applications.