2024-05-15T17:38:05-05:00 2023-06-30 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2022-07-01 416040857 NATIONAL SCHOLASTIC PRESS ASSOCIATION NATI 6122009254 2829 UNIVERSITY AVE SE 720 MINNEAPOLIS MN 55414 LAURA WIDMER EXECUTIVE DIRECTOR 6122009254 2024-05-15 1 LAURA WIDMER 999009999 1 RYAN VETTRUS CPA P01243596 6514834521 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LAURA WIDMER 2829 UNIVERSITY AVE SE 720 MINNEAPOLIS MN 55414 2511924 0 X WWW.STUDENTPRESS.ORG X 1959 MN TO PROVIDE JOURNALISM EDUCATION SERVICES TO STUDENTS, TEACHERS, MEDIA ADVISERS AND OTHERS. 15 15 10 22 20000 16803 228684 133239 1226249 2184618 116075 40604 49296 131757 1620304 2490218 0 3000 0 0 491656 634090 0 0 0 1053132 1940142 1544788 2577232 75516 -87014 1590440 1735870 398811 575492 1191629 1160378 X ADVANCES JOURNALISM AND MEDIA AS A VITAL CULTURAL FORCE BY CONNECTING ADVISERS, STUDENTS AND PROFESSIONALS THROUGH NATIONAL EVENTS AND COMPETITIONS AND BY CREATING AND CURATING CONTENT THAT ENHANCES PROFESSIONAL DEVELOPMENT. DEFINES GLOBAL STANDARDS AND ETHICAL PRACTICES, INSPIRES JOURNALISM AND MEDIA STUDENTS AND THE PUBLIC, ESTABLISHES CRITERIA FOR JOURNALISM EDUCATION THAT MEETS THE NEEDS OF THE PROFESSION, MAKES POWERFUL TOOLS AND RESOURCES AVAILABLE AND ACCESSIBLE, AND CELEBRATES AND ENHANCES THE VALUE OF JOURNALISM. 0 0 2247214 3000 2296375 TRAINING PROGRAMS: CONVENTIONS AND WORKSHOPS FOR HIGH SCHOOL AND COLLEGE JOURNALISM STUDENTS AND ADVISERS ARE CO-SPONSORED WITH NATIONAL ADVISER ORGANIZATIONS. OVER 8,400 STUDENTS AND ADVISERS PARTICIPATED. COMPETITIONS: AT CONVENTIONS AND CONFERENCES, "BEST OF SHOW" HONORS ARE PRESENTED, INDIVIDUAL HONORS ARE ALSO AWARDED FOR EXCELLENCE IN JOURNALISM AND SCHOLARSHIP. ALL ARE IN KEEPING WITH THE HIGHEST IDEALS AND BEST PRACTICES OF JOURNALISM.CRITIQUE SERVICES: MEMBERSHIP IN THE ASSOCIATION PROVIDES FOR A CRITICAL REVIEW OF STUDENT PRODUCED PUBLICATIONS; NEWSPAPERS; YEARBOOKS AND MAGAZINES. ALMOST 1,500 HIGH SCHOOL AND COLLEGE PUBLICATIONS PARTICIPATED. INDIVIDUAL STUDENT COMPETITIONS: STUDENTS FROM OUR MEMBER PUBLICATIONS SUBMIT WORK IN THE AREAS OF WRITING, DESIGN, ADVERTISING AND PHOTOGRAPHY. 2247214 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 60 0 1 10 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X THE ORGANIZATION 6122009265 2829 UNIVERSITY AVE SE NO720 MINNEAPOLIS MN 55414 LAURA WIDMER EXECUTIVE DIRECTOR 50.00 X 111973 0 25928 ELIZABETH SMITH PRESIDENT 3.00 X X 0 0 0 BECKY TATE PRESIDENT-ELECT 1.50 X X 0 0 0 CHUCK CLARK TREASURER 1.50 X X 0 0 0 AMY DEVAULT SECRETARY 1.50 X X 0 0 0 JEANNE ACTON PAST PRESIDENT 1.50 X X 0 0 0 KATHRYN CAMPBELL BOARD MEMBER 0.50 X 0 0 0 ELISIA COHEN BOARD MEMBER 0.50 X 0 0 0 MICHELLE CORO BOARD MEMBER 0.50 X 0 0 0 MITCH EDEN BOARD MEMBER 0.50 X 0 0 0 RICHARD JOHNS BOARD MEMBER 0.50 X 0 0 0 MEGHAN PERCIVAL BOARD MEMBER 0.50 X 0 0 0 SARA QUINN BOARD MEMBER 1.00 X 0 0 0 MARGIE RAPER BOARD MEMBER 0.50 X 0 0 0 NICOLE VARGAS BOARD MEMBER 0.50 X 0 0 0 TAMARA ZELLARS BUCK BOARD MEMBER 0.50 X 0 0 0 111973 0 25928 1 0 0 0 0 133239 133239 PROGRAM SERVICE REVENUE 611710 1868587 1868587 MEMBERSHIP DUES 900099 296031 296031 ADVERTISING 541800 20000 20000 2184618 40436 40436 21874 21706 168 168 168 OTHER INCOME 900099 131757 131757 131757 2490218 2296375 20000 40604 3000 3000 137901 92394 45507 387286 318721 68565 21250 17688 3562 47920 39939 7981 39733 31336 8397 3216 3216 80088 80088 10897 10897 25075 19673 5402 19706 19148 558 97019 92670 4349 19399 14046 5353 70710 55766 14944 16908 2394 14514 1531938 1531611 327 2435 1920 515 8759 6908 1851 BAD DEBT 21197 21197 MISCELLANEOUS 17748 17748 BOARD EXPENSES 15047 15047 2577232 2247214 330018 0 246019 193665 238193 132120 111732 104535 43537 38207 1125 5330 993371 1221775 0 78445 1590440 1735870 202669 276196 196142 220396 0 78900 398811 575492 X 1191629 1084291 0 76087 1191629 1160378 1590440 1735870 -87014 55763 0 X X 0 1 X 1 0 X 359008 397527 92878 228684 133239 1211336 1806990 1366973 1050223 1196649 2166815 7587650 2165998 1764500 1143101 1425333 2300054 8798986 0 0 0 8798986 55395 37602 26395 48005 40436 207833 55395 37602 26395 48005 40436 207833 16534 17529 2596 25596 17803 80058 5492 15166 19161 49296 131757 220872 2243419 1834797 1191253 1548230 2490050 9307749 0.94530 0.95800 0.02230 0.02260 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 5,492. 2019 AMOUNT: $ 15,166. 2020 AMOUNT: $ 19,161. 2021 AMOUNT: $ 49,296. 2022 AMOUNT: $ 131,757. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43537 38207 5330 5330 OPERATING LEASE OBLIGATION 78900 78900 X 2449614 0 2449614 40604 40604 2490218 2566335 0 2566335 10897 10897 2577232 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE BUT IS SUBJECT TO INCOME TAX ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATION HAD INCOME TAX EXPENSE OF $15,929 AND $94 FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. CASH PAYMENTS FOR INCOME TAXES WERE $12,652 AND $1,392 FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ORGANIZATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME REPORTED SEPARATELY ON AUDIT REPORT - INTEREST & DIVIDENDS 40,436. - REALIZED GAIN ON INVESTMENTS SOLD 168. FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION'S EXECUTIVE COMMITTEE IS COMPRISED ONLY OF MEMBERS OF THE BOARD OF DIRECTORS. THE PRESIDENT OF THE BOARD OF DIRECTORS SHALL LEAD AND BE A MEMBER OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS TO THE EXTENT DETERMINED BY THE BOARD OF DIRECTORS. IN ADDITION, THE EXECUTIVE COMMITTEE SHALL ANNUALLY REVIEW THE PERFORMANCE OF THE EXECUTIVE DIRECTOR OF THE ORGANIZATION, AND SHALL ANNUALLY REVIEW AND DETERMINE THE EXECUTIVE DIRECTOR'S BASE SALARY, ANY INCENTIVE OR BONUS COMPENSATION AND ALL BENEFITS TO BE PROVIDED TO THE EXECUTIVE DIRECTOR, HAS THE AUTHORITY OF THE BOARD TO EXECUTE AND TERMINATE THE EXECUTIVE DIRECTOR'S EMPLOYMENT WITH THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A DETAILED REVIEW OF THE 990 IS COMPLETED BY THE CONSULTING CFO, EXECUTIVE DIRECTOR AND BOARD TREASURER. IN ADDITION, A FINAL COPY OF THE FORM 990 ALONG WITH ALL SCHEDULES AND ATTACHMENTS WILL BE PROVIDED TO EVERY MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON IS A DIRECTOR, BOARD OR STAFF OFFICER, OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. UPON IDENTIFYING A CONFLICT OF INTEREST, A DISCUSSION WILL TAKE PLACE BETWEEN THE BOARD AND THE INTERESTED PERSON. THE INTERESTED PERSON MUST THEN LEAVE THE MEETING WHILE THE REMAINING BOARD (OR COMMITTEE) MEMBERS DISCUSS AND VOTE REGARDING THE EXISTENCE OF A CONFLICT OF INTEREST. THE NAMES OF THE PERSONS WHO DISCLOSED OR WERE OTHERWISE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE INTEREST, ANY ACTION TAKEN TO DETERMINE THE EXISTENCE OF CONFLICT OF INTEREST AND THE DECISION MAKING REGARDING THE CONFLICT OF INTEREST WILL BE RECORDED IN THE MINUTES OF MEETINGS OF THE BOARD (OR COMMITTEE). EACH DIRECTOR, BOARD AND STAFF OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL COMPLETE AND SIGN A "CONFLICT OF INTEREST POLICY ANNUAL STATEMENT" AT THE TIME OF HIS OR HER INITIAL ELECTION OR APPOINTMENT AND ANNUALLY THEREAFTER. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR CONSISTS OF THE FOLLOWING: THE BOARD, WHICH IS COMPRISED ENTIRELY OF INDEPENDENT PERSONS WITH RESPECT TO THE EXECUTIVE DIRECTOR, CONSIDERS AND SETS THE COMPENSATION OF THE EXECUTIVE DIRECTOR AFTER OBTAINING AND RELYING UPON APPROPRIATE DATA AS TO COMPARABILITY OR FAIR MARKET VALUE WITH RESPECT TO THE SERVICES BEING PROVIDED. THE BOARD CONTEMPORANEOUSLY DOCUMENTS, IN MINUTES OF THE EXECUTIVE SESSION OF THE BOARD, THE REASONS FOR ITS DECISIONS IN SETTING THE COMPENSATION, INCLUDING REFERENCES TO THE COMPARABILITY DATA USED AND RELIED UPON BY THE BOARD IN MAKING ITS DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.