State News FY2021 filing

Tax-deductible

East Lansing, MI501(c)(3)Since 1971EducationEIN 38-1966279Revenue $1.5M in FY2021

On file with the IRSstatenews.com435 E Grand River Ave Ste 100, 48823-4498 · East Lansing, MITax-exempt since Sep 2025Publicly supported — 509(a)(2)

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The publication, circulation and distribution of a student newspaper within the community of michigan State university and to serve as a forum for students.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$97K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $7K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$97K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 12.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$254K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+12% vs prior year
Spent
$1.2M
To programs
79%
Net assets
$9.4M
By yearFY2020–FY2025
Revenue
$1.5M
FY2021▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.5M
FY2022$1.8M
FY2023$1.3M
FY2024$1.2M
FY2025$1.6M
Expenses
$1.2M
FY2021▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.4M
FY2023$1.5M
FY2024$1.7M
FY2025$1.9M
Net assets
$9.4M
FY2021▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.7M
FY2021$9.4M
FY2022$9.4M
FY2023$9.4M
FY2024$9.4M
FY2025$9.3M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $952K Management & general 21% · $248K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $97K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
General Manager
$96,979Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Christopher Richert’s $128K as General Manager is at the 51st percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Christopher Richert$128,276$112,275$109,136$102,779$96,979$102,349
Michael Joesph$105,876$100,764————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Publishes and distributes news for MSU communities.

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Provided by the organization

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1 program · $952K · in their own filed words · FY2020
01

The publication and distribution of a student newspaper within the community of michigan state university and to serve as a practicum for over 65,000 students and staff at michigan state university. 6,000 papers are printed biweekly during the academic year and digital copies are available during the summer.

$952Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$5K
Grants paid · 6 grants · $38K · 2019–2024
Unitemized GrantFY2024$15,250
Unitemized GrantFY2023$11,200
Unitemized GrantFY2022$10,500
Unitemized GrantFY2021$500
Unitemized GrantFY2020$500
Unitemized GrantFY2019$500

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$199K
Gifts and grantsLn 1h$115K
Money outPt IX
$1.2M
Ln 25
Programscol B$952K
Managementcol C$248K
Owns and owesPt X
$9.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$9.6M
LiabilitiesLn 26$254K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$115K
Government grantsLn 1e$115K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$46K
Other incomeLn 4–11$199K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$935K
SavingsLn 2$358K
Cash and savings togetherLn 1–2$1.3M
InvestmentsLn 11–13$2.7M
Land, buildings, equipmentLn 10c$5.6M
Total assetsLn 16$9.6M
LiabilitiesLn 26$254K
Net assetsLn 32$9.4M
OperationsPt I, VI
EmployeesI 5111
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.3M$1.3M
InvestmentsLn 11–13$2.8M$2.7M
Land, buildings, equipmentLn 10c$4.8M$5.6M
Total assetsLn 16$8.9M$9.6M
LiabilitiesLn 26$270K$254K
Net assetsLn 32$8.7M$9.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$7K$7K
Pay of current officers, directors and key staffLn 5$130K$102K$27K
Other salaries and wagesLn 7$325K$257K$68K
Pension plan contributionsLn 8$6K$5K$1K
Other employee benefitsLn 9$77K$61K$16K
Payroll taxesLn 10$33K$24K$10K
Legal feesLn 11b$5K$5K
Investment management feesLn 11f$15K$15K
Other fees for servicesLn 11g$24K$24K
Office expensesLn 13$47K$43K$5K
Information technologyLn 14$93K$83K$9K
OccupancyLn 16$40K$36K$4K
TravelLn 17$3K$2K$253
Conferences, conventions and meetingsLn 19$8K$8K
Depreciation, depletion and amortizationLn 22$162K$145K$16K
InsuranceLn 23$21K$18K$2K
Other expenses (24a–d)Ln 24$206K$168K$38K
Total functional expensesLn 25$1.2M$952K$248K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.6M$1.9M−$294K$9.3M 990 PDF
FY2024 $1.2M$1.7M−$435K$9.4M 990 PDF
FY2023 $1.3M$1.5M−$158K$9.4M 990 PDF
FY2022 $1.8M$1.4M$385K$9.4M 990 PDF
FY2021 Viewing $1.5M$1.2M$304K$9.4M 990 PDF
FY2020 $1.3M$1.1M$237K$8.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $1,503,771 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,500$115,446
I-9 Program service revenuePrior year $1,127,850$1,143,243
I-10 Investment incomePrior year $61,269$45,792
I-11 Other revenuePrior year $139,911$199,290
I-12 Total revenuePrior year $1,338,530$1,503,771
I-13 Grants and similar amounts paidPrior year $4,000$6,692
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $659,963$571,218
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $437,514$621,813
I-18 Total expensesPrior year $1,101,477$1,199,723
I-19 Revenue less expensesPrior year $237,053$304,048
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,503,771 across 8 lines filed
VIII-1e Government grants$115,000
VIII-1f All other contributions, gifts and grants$446
VIII-1h Total contributions, gifts and grants$115,446
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,143,243$1,143,243
VIII-3 Investment incomeExcluded from tax $45,792$45,792
VIII-6 Net rental income or lossExcluded from tax $196,214$196,214
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,076$3,076
VIII-12 Total revenueRelated to mission $1,146,319 · Unrelated business $0 · Excluded from tax $242,006$1,503,771
Part IX · Statement of functional expenses $1,199,723 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $6,692$6,692
IX-5 Pay of current officers, directors and key staffPrograms $102,451 · Management $27,174$129,625
IX-7 Other salaries and wagesPrograms $257,129 · Management $68,199$325,328
IX-8 Pension plan contributionsPrograms $4,540 · Management $1,204$5,744
IX-9 Other employee benefitsPrograms $60,910 · Management $16,155$77,065
IX-10 Payroll taxesPrograms $23,589 · Management $9,867$33,456
IX-11b Legal feesManagement $5,216$5,216
IX-11f Investment management feesManagement $14,594$14,594
IX-11g Other fees for servicesManagement $23,580$23,580
IX-13 Office expensesPrograms $42,802 · Management $4,667$47,469
IX-14 Information technologyPrograms $83,289 · Management $9,254$92,543
IX-16 OccupancyPrograms $36,369 · Management $4,041$40,410
IX-17 TravelPrograms $2,274 · Management $253$2,527
IX-19 Conferences, conventions and meetingsManagement $7,786$7,786
IX-22 Depreciation, depletion and amortizationPrograms $145,396 · Management $16,155$161,551
IX-23 InsurancePrograms $18,472 · Management $2,052$20,524
IX-24 Other expenses (24a–d)Programs $167,910 · Management $37,703$205,613
IX-25 Total functional expensesPrograms $951,823 · Management $247,900 · Fundraising $0$1,199,723
Part X · Balance sheet $9,623,953 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $987,816$934,922
X-2 Savings and temporary cash investmentsStart of year $308,938$357,701
X-4 Accounts receivableStart of year $47,493$45,397
X-9 Prepaid expenses and deferred chargesStart of year $52,599$28,442
X-10c Land, buildings and equipment, netStart of year $4,781,926$5,602,066
X-11 Publicly traded securitiesStart of year $2,769,841$2,655,425
X-16 Total assetsStart of year $8,948,613$9,623,953
X-17 Accounts payable and accrued expensesStart of year $30,798$6,102
X-19 Deferred revenueStart of year $124,046$131,794
X-26 Total liabilitiesStart of year $269,844$253,896
X-27 Net assets without donor restrictionsStart of year $8,678,769$9,370,057
X-32 Total net assets or fund balancesStart of year $8,678,769$9,370,057
X-33 Total liabilities and net assetsStart of year $8,948,613$9,623,953
Part XI · Reconciliation of net assets $9,370,057 net assets at year end
XI-1 Total revenue$1,503,771
XI-2 Total expenses$1,199,723
XI-3 Revenue less expenses$304,048
XI-4 Net assets at start of year$8,678,769
XI-5 Net unrealized gains (losses) on investments$387,240
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,370,057

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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