Publishing a Literary Magazine

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
5 of 6
filings with a surplus
Average surplus $9K a year · 14% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
33 mo
of spending, in cash
Looks good: 32.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$68K
-13% vs prior year
Spent
$197K
To programs
94%
Net assets
$544K
By yearFY2020–FY2025
Revenue
$68K
FY2025▼ -13%
Tap a bar for its year
Revenue by fiscal year
FY2020$48K
FY2021$47K
FY2022$60K
FY2023$74K
FY2024$78K
FY2025$68K
Expenses
$197K
FY2025▲ +670%
Tap a bar for its year
Expenses by fiscal year
FY2020$18K
FY2021$13K
FY2022$28K
FY2023$43K
FY2024$26K
FY2025$197K
Net assets
$544K
FY2025▼ -19%
Tap a bar for its year
Net assets by fiscal year
FY2020$521K
FY2021$555K
FY2022$588K
FY2023$621K
FY2024$673K
FY2025$544K

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1974.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $184K Management & general 6% · $13K

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

2 people listed on the 990.

Part VII, Section A · reportable compensation
Vice Pres
$0Pt VII · Sec A
$0Pt VII · Sec A
See Sub Stance Incorporated executive salaries →

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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

Sub Stance Incorporated is a nonprofit based in Long Beach, CA, formed in 1973.

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Provided by the organization

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1 program · $184K · in their own filed words · FY2025
01

Publication of Magazine Tri Annually

$184Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $74K · 2025–2025
Substance Journal INCCA · FY2025$58,323
University of WisconsinFY2025$16,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$68K
Ln 12
Gifts and grantsLn 1h$48K
Investment incomeLn 3$20K
Money outPt IX
$197K
Ln 25
Programscol B$184K
Managementcol C$13K
Owns and owesPt X
$544K
net assets · Ln 32
Cash and savingsLn 1–2$535K
Total assetsLn 16$544K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$48K
Investment incomeLn 3$20K
Total revenueLn 12$68K
Assets in detailPt X, end of year
SavingsLn 2$535K
Cash and savings togetherLn 1–2$535K
Land, buildings, equipmentLn 10c$10K
Total assetsLn 16$544K
LiabilitiesLn 26$0
Net assetsLn 32$544K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$660K$535K
Land, buildings, equipmentLn 10c$13K$10K
Total assetsLn 16$673K$544K
LiabilitiesLn 26$0$0
Net assetsLn 32$673K$544K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$184K$184K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$2K$2K
Office expensesLn 13$210$210
Conferences, conventions and meetingsLn 19$224$224
Depreciation, depletion and amortizationLn 22$4K$4K
Total functional expensesLn 25$197K$184K$13K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $68K$197K−$129K$544K 990 PDF
FY2024 $78K$26K$52K$673K 990 PDF
FY2023 $74K$43K$32K$621K 990 PDF
FY2022 $60K$28K$33K$588K 990 PDF
FY2021 $47K$13K$34K$555K 990 PDF
FY2020 $48K$18K$30K$521K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $68,184 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $46,454$48,156
I-9 Program service revenue$0
I-10 Investment incomePrior year $31,516$20,028
I-11 Other revenue$0
I-12 Total revenuePrior year $77,970$68,184
I-13 Grants and similar amounts paid$184,323
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $25,565$12,651
I-18 Total expensesPrior year $25,565$196,974
I-19 Revenue less expensesPrior year $52,405−$128,790
Part VI · Governance 2 of 2 board members independent, 2 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $68,184 across 5 lines filed
VIII-1f All other contributions, gifts and grants$48,156
VIII-1h Total contributions, gifts and grants$48,156
VIII-3 Investment incomeRelated to mission $20,028$20,028
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $20,028 · Unrelated business $0 · Excluded from tax $0$68,184
Part IX · Statement of functional expenses $196,974 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $184,323$184,323
IX-11b Legal feesManagement $6,142$6,142
IX-11c Accounting feesManagement $1,800$1,800
IX-13 Office expensesManagement $210$210
IX-19 Conferences, conventions and meetingsManagement $224$224
IX-22 Depreciation, depletion and amortizationManagement $4,275$4,275
IX-25 Total functional expensesPrograms $184,323 · Management $12,651 · Fundraising $0$196,974
Part X · Balance sheet $544,205 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $660,437$534,557
X-10c Land, buildings and equipment, netStart of year $12,558$9,648
X-16 Total assetsStart of year $672,995$544,205
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $672,995$544,205
X-32 Total net assets or fund balancesStart of year $672,995$544,205
X-33 Total liabilities and net assetsStart of year $672,995$544,205
Part XI · Reconciliation of net assets $544,205 net assets at year end
XI-1 Total revenue$68,184
XI-2 Total expenses$196,974
XI-3 Revenue less expenses−$128,790
XI-4 Net assets at start of year$672,995
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$544,205

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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