To enhance students academic experience by Publishing a university community newspaper.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$82K 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

FY2023 · 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 4
filings with a surplus
Average surplus $53K a year · 8% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$82K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 6.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $41K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$11K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$511K
-37% vs prior year
Spent
$631K
To programs
80%
Net assets
$566K
By yearFY2021–FY2025
Revenue
$511K
FY2023▼ -37%
Tap a bar for its year
Revenue by fiscal year
FY2021$813K
FY2023$511K
FY2024$718K
FY2025$595K
Expenses
$631K
FY2023▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2021$583K
FY2023$631K
FY2024$625K
FY2025$587K
Net assets
$566K
FY2023▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2021$511K
FY2023$566K
FY2024$660K
FY2025$691K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 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 Mar 1990.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $502K Management & general 15% · $95K Fundraising 5% · $33K

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

9 people listed on the 990; $82K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
General Manager
$82,400Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

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

NameFY2023FY2021
Courtney Mitchell$82,400$3,333
Erica Perel—$68,409

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.

See Dth Publishing Corporation 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

Publish a university newspaper to improve students' academic experience.

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Provided by the organization

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1 program · $502K · in their own filed words · FY2022
01

The organization trained, coached and mentored more than 200 unc students in broad and deep journalism and business skills involved in publishing print and digital news and information consumed by the unc-chapel hill community. The production and publication schedules were determined by the unc academic schedule set by the unc registrar.

$502Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$511K
Ln 12
Fees for servicesLn 2g$283K
Gifts and grantsLn 1h$221K
Investment incomeLn 3$6K
Money outPt IX
$631K
Ln 25
Programscol B$502K
Managementcol C$95K
Fundraisingcol D$33K
Owns and owesPt X
$566K
net assets · Ln 32
Cash and savingsLn 1–2$352K
Total assetsLn 16$577K
LiabilitiesLn 26$11K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$221K
Fundraising eventsLn 1c$12K
Fees for servicesLn 2g$283K
Investment incomeLn 3$6K
Gains on assetsLn 7$4K
Total revenueLn 12$511K
Assets in detailPt X, end of year
CashLn 1$22K
SavingsLn 2$330K
Cash and savings togetherLn 1–2$352K
InvestmentsLn 11–13$202K
Other assetsLn 15$3K
Total assetsLn 16$577K
LiabilitiesLn 26$11K
Net assetsLn 32$566K
OperationsPt I, VI
EmployeesI 595
VolunteersI 6300
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 FY23End FY23
Cash and savingsLn 1–2$635K$352K
InvestmentsLn 11–13$202K
Total assetsLn 16$695K$577K
LiabilitiesLn 26$10K$11K
Net assetsLn 32$684K$566K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$80K$56K$24K
Other salaries and wagesLn 7$217K$192K$24K
Pension plan contributionsLn 8$3K$2K$914
Other employee benefitsLn 9$9K$8K$892
Payroll taxesLn 10$24K$20K$4K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$16K$16K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$3K$1K$1K
OccupancyLn 16$37K$33K$4K
TravelLn 17$7K$7K
Conferences, conventions and meetingsLn 19$615$615
Depreciation, depletion and amortizationLn 22$216$216
InsuranceLn 23$4K$3K$433
Other expenses (24a–d)Ln 24$179K$145K$2K$33K
All other expensesLn 24e$39K$21K$18K
Total functional expensesLn 25$631K$502K$95K$33K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $595K$587K$8K$691K 990 PDF
FY2024 $718K$625K$93K$660K 990 PDF
FY2023 Viewing $511K$631K−$119K$566K 990 PDF
FY2022 Not on file
FY2021 $813K$583K$230K$511K 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 FY2023 990 (6 parts)
Part I · Summary $511,255 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $246,592$221,301
I-9 Program service revenuePrior year $541,085$283,465
I-10 Investment incomePrior year $127$6,489
I-11 Other revenue$0
I-12 Total revenuePrior year $787,804$511,255
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $303,042$332,549
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $311,631$298,132
I-18 Total expensesPrior year $614,673$630,681
I-19 Revenue less expensesPrior year $173,131−$119,426
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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 $511,255 across 7 lines filed
VIII-1c Fundraising events$11,530
VIII-1f All other contributions, gifts and grants$209,771
VIII-1h Total contributions, gifts and grants$221,301
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $283,465$283,465
VIII-3 Investment incomeRelated to mission $2,182$2,182
VIII-7 Net gain or loss on sales of assetsRelated to mission $4,307$4,307
VIII-12 Total revenueRelated to mission $289,954 · Unrelated business $0 · Excluded from tax $0$511,255
Part IX · Statement of functional expenses $630,681 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $56,000 · Management $24,000$80,000
IX-7 Other salaries and wagesPrograms $192,474 · Management $24,266$216,740
IX-8 Pension plan contributionsPrograms $2,132 · Management $914$3,046
IX-9 Other employee benefitsPrograms $8,030 · Management $892$8,922
IX-10 Payroll taxesPrograms $19,963 · Management $3,878$23,841
IX-11b Legal feesPrograms $2,632$2,632
IX-11c Accounting feesManagement $16,078$16,078
IX-12 Advertising and promotionPrograms $8,651$8,651
IX-13 Office expensesPrograms $1,428 · Management $1,428$2,856
IX-16 OccupancyPrograms $33,264 · Management $3,696$36,960
IX-17 TravelPrograms $7,475$7,475
IX-19 Conferences, conventions and meetingsPrograms $615$615
IX-22 Depreciation, depletion and amortizationManagement $216$216
IX-23 InsurancePrograms $3,481 · Management $433$3,914
IX-24 Other expenses (24a–d)Programs $144,629 · Management $1,714 · Fundraising $32,957$179,300
IX-24e All other expensesPrograms $21,471 · Management $17,964$39,435
IX-25 Total functional expensesPrograms $502,245 · Management $95,479 · Fundraising $32,957$630,681
Part X · Balance sheet $576,964 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $84,719$21,910
X-2 Savings and temporary cash investmentsStart of year $550,282$330,362
X-4 Accounts receivableStart of year $55,387$20,188
X-11 Publicly traded securities$201,504
X-15 Other assetsStart of year $3,000$3,000
X-16 Total assetsStart of year $694,512$576,964
X-17 Accounts payable and accrued expensesStart of year $10,369$11,169
X-26 Total liabilitiesStart of year $10,369$11,169
X-27 Net assets without donor restrictionsStart of year $684,143$565,795
X-32 Total net assets or fund balancesStart of year $684,143$565,795
X-33 Total liabilities and net assetsStart of year $694,512$576,964
Part XI · Reconciliation of net assets $565,795 net assets at year end
XI-1 Total revenue$511,255
XI-2 Total expenses$630,681
XI-3 Revenue less expenses−$119,426
XI-4 Net assets at start of year$684,143
XI-5 Net unrealized gains (losses) on investments$1,078
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$565,795

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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