Emerald Media Group INC

Tax-deductible

Eugene, OR501(c)(3)Arts & CultureEIN 93-0599526Revenue $938K in FY2025

On file with the IRSdailyemerald.com1395 University St 302, 97403-2572 · Eugene, ORTax-exempt since May 2001Publicly supported — 509(a)(2)

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To serve the university of oregon community with independent student journalism in the public interest.to train students to professional standards and provide networking opportunities that make them coveted job candidates.to ensure the long-term financial viability of an independent student Media company.we produce a weekly newpaper in print, game day papers during football season, various magazines, social Media channels and a news website: dailyemerald.comwe employee and train over 175 students each year.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Run by 50 volunteers and 181 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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
3 of 6
filings with a surplus
Average surplus $4K 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
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$143K
to officers and key staff · 15% of spending
Top officer’s pay higher than 83% of similar orgs
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $6K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$83K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$938K
+6% vs prior year
Spent
$962K
To programs
94%
Net assets
$530K
By yearFY2020–FY2025
Revenue
$938K
FY2025▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$678K
FY2021$694K
FY2022$809K
FY2023$932K
FY2024$882K
FY2025$938K
Expenses
$962K
FY2025▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$753K
FY2021$650K
FY2022$777K
FY2023$888K
FY2024$882K
FY2025$962K
Net assets
$530K
FY2025▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$447K
FY2021$496K
FY2022$486K
FY2023$531K
FY2024$539K
FY2025$530K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2001.

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% · $904K Management & general 6% · $58K

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

14 people listed on the 990; $143K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$90,000Pt VII · Sec A
VP of Operations
$53,010Pt VII · Sec A
Secretary/Treasurer (thru 10/24)
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (as of 10/24)
$0Pt VII · Sec A
Director (as of 02/25)
$0Pt VII · Sec A
$0Pt VII · Sec A

Eric Henry’s $90K as Executive Director is at the 83rd percentile of top reported officer pay among 2216 $100K–1M arts & culture 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Eric Henry$90,000$22,500————
Bill Kunerth—$51,687$76,875$71,538$72,692$75,000
Kathy Carbone$53,010—$50,831$49,804$53,138$58,000
Kathy Carbine—$51,463————

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

Provides independent student journalism and professional training for University of Oregon students.

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Provided by the organization

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1 program · $904K · in their own filed words · FY2024
01

Employed and trained 180 students during the fiscal year. Printed and distributed a weekly print newspaper and various magazines, with all content produced by STUDENTS.MAINTAINED a news website at DAILYEMERALD.COM 365 days per year with all content produced by STUDENTS.FINANCIALLY supported six students travel and registration expenses…

$904Kprogram 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 · FY2023
Total grants receivedfrom 3 funders$6K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$938K
Ln 12
Fees for servicesLn 2g$882K
Gifts and grantsLn 1h$33K
Investment incomeLn 3$20K
Money outPt IX
$962K
Ln 25
Programscol B$904K
Managementcol C$58K
Owns and owesPt X
$530K
net assets · Ln 32
Cash and savingsLn 1–2$16K
Total assetsLn 16$613K
LiabilitiesLn 26$83K
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$33K
Fees for servicesLn 2g$882K
Investment incomeLn 3$20K
Other incomeLn 4–11$3K
Gains on assetsLn 7−$4K
Total revenueLn 12$938K
Assets in detailPt X, end of year
CashLn 1$1K
SavingsLn 2$15K
Cash and savings togetherLn 1–2$16K
InvestmentsLn 11–13$413K
Land, buildings, equipmentLn 10c$17K
Other assetsLn 15$60K
Total assetsLn 16$613K
LiabilitiesLn 26$83K
Net assetsLn 32$530K
OperationsPt I, VI
EmployeesI 5181
VolunteersI 650
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 FY25End FY25
Cash and savingsLn 1–2$23K$16K
InvestmentsLn 11–13$381K$413K
Land, buildings, equipmentLn 10c$22K$17K
Total assetsLn 16$643K$613K
LiabilitiesLn 26$104K$83K
Net assetsLn 32$539K$530K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$155K$149K$6K
Other salaries and wagesLn 7$374K$371K$3K
Pension plan contributionsLn 8$6K$6K$68
Other employee benefitsLn 9$36K$35K$1K
Payroll taxesLn 10$45K$44K$644
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$25K$25K
Investment management feesLn 11f$3K$3K
Office expensesLn 13$49K$47K$2K
Information technologyLn 14$26K$26K
OccupancyLn 16$34K$3K$32K
TravelLn 17$4K$4K
Depreciation, depletion and amortizationLn 22$15K$10K$5K
InsuranceLn 23$17K$15K$2K
Other expenses (24a–d)Ln 24$162K$162K$324
All other expensesLn 24e$7K$5K$2K
Total functional expensesLn 25$962K$904K$58K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $938K$962K−$23K$530K 990 PDF
FY2024 $882K$882K−$163$539K 990 PDF
FY2023 $932K$888K$44K$531K 990 PDF
FY2022 $809K$777K$33K$486K 990 PDF
FY2021 $694K$650K$44K$496K 990 PDF
FY2020 $678K$753K−$75K$447K 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 FY2025 990 (6 parts)
Part I · Summary $938,438 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $21,984$33,219
I-9 Program service revenuePrior year $842,897$882,433
I-10 Investment incomePrior year $14,162$20,136
I-11 Other revenuePrior year $2,536$2,650
I-12 Total revenuePrior year $881,579$938,438
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $550,922$616,445
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $330,820$345,346
I-18 Total expensesPrior year $881,742$961,791
I-19 Revenue less expensesPrior year −$163−$23,353
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $938,438 across 7 lines filed
VIII-1f All other contributions, gifts and grants$33,219
VIII-1h Total contributions, gifts and grants$33,219
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $882,433$882,433
VIII-3 Investment incomeExcluded from tax $24,083$24,083
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$3,947−$3,947
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,650$2,650
VIII-12 Total revenueRelated to mission $885,083 · Unrelated business $0 · Excluded from tax $20,136$938,438
Part IX · Statement of functional expenses $961,791 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $149,275 · Management $6,071$155,346
IX-7 Other salaries and wagesPrograms $371,481 · Management $2,946$374,427
IX-8 Pension plan contributionsPrograms $5,677 · Management $68$5,745
IX-9 Other employee benefitsPrograms $34,972 · Management $1,130$36,102
IX-10 Payroll taxesPrograms $44,181 · Management $644$44,825
IX-11b Legal feesPrograms $1,837$1,837
IX-11c Accounting feesPrograms $24,548$24,548
IX-11f Investment management feesManagement $3,357$3,357
IX-13 Office expensesPrograms $46,884 · Management $2,404$49,288
IX-14 Information technologyPrograms $26,068$26,068
IX-16 OccupancyPrograms $2,614 · Management $31,714$34,328
IX-17 TravelPrograms $4,228$4,228
IX-22 Depreciation, depletion and amortizationPrograms $10,090 · Management $4,746$14,836
IX-23 InsurancePrograms $14,647 · Management $2,359$17,006
IX-24 Other expenses (24a–d)Programs $162,032 · Management $324$162,356
IX-24e All other expensesPrograms $5,239 · Management $2,255$7,494
IX-25 Total functional expensesPrograms $903,773 · Management $58,018 · Fundraising $0$961,791
Part X · Balance sheet $612,902 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $22,268$1,169
X-2 Savings and temporary cash investmentsStart of year $1,136$14,859
X-4 Accounts receivableStart of year $105,587$80,110
X-9 Prepaid expenses and deferred chargesStart of year $21,044$26,174
X-10c Land, buildings and equipment, netStart of year $22,056$17,463
X-11 Publicly traded securitiesStart of year $381,362$412,888
X-15 Other assetsStart of year $89,554$60,239
X-16 Total assetsStart of year $643,007$612,902
X-17 Accounts payable and accrued expensesStart of year $12,760$20,108
X-25 Other liabilitiesStart of year $91,259$62,686
X-26 Total liabilitiesStart of year $104,019$82,794
X-27 Net assets without donor restrictionsStart of year $538,988$530,108
X-32 Total net assets or fund balancesStart of year $538,988$530,108
X-33 Total liabilities and net assetsStart of year $643,007$612,902
Part XI · Reconciliation of net assets $530,108 net assets at year end
XI-1 Total revenue$938,438
XI-2 Total expenses$961,791
XI-3 Revenue less expenses−$23,353
XI-4 Net assets at start of year$538,988
XI-5 Net unrealized gains (losses) on investments$14,473
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$530,108

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

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