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Nonprofit · EIN 58-1410389

THE RED & BLACK PUBLISHING COMPANY INC

Tax-exempt · ATHENS, GA 30601

Financials

$385K$551K2021$820K$1.1M2022$786K$1.2M2023$771K$1.1M2024
Revenue Expenses · by fiscal year end
Financials of THE RED & BLACK PUBLISHING COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$770,563$1,072,503-$301,940$3,372,446$61,857$3,310,589
December 31, 2023990$785,941$1,217,056-$431,115$3,561,083$92,573$3,468,510
December 31, 2022990$820,233$1,113,095-$292,862$3,639,181$92,433$3,546,748
December 31, 2021990$385,213$551,244-$166,031$4,584,563$109,721$4,474,842
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$128,974
Program service revenue
$417,343
Investment income
$136,028
Net rental income
$40,750
Net gain from sales of assets
$73,686
Net income from fundraising events
$27,159
Net income from sales of inventory
$9,120
Other revenue
$88,218

Expenses

Grants and similar amounts paid
$3,500
Compensation of officers, directors and key employees
$93,512
Other salaries and wages
$411,340
Salaries, compensation and benefits (total)
$592,710
Professional fundraising fees
$0
Occupancy
$68,426
Travel
$19,937
Depreciation
$63,384
Program services (functional)
$950,754
Management and general (functional)
$119,464
Fundraising (functional)
$2,285

Balance sheet and other

Total assets, start of year
$3,561,083
Total assets, end of year
$3,372,446
Total liabilities, end of year
$61,857
Net assets, end of year
$3,310,589
Land, buildings and equipment
$1,071,707
Publicly traded securities
$2,120,032
Net assets without donor restrictions
$3,298,289
Net assets with donor restrictions
$12,300
Gross receipts
$1,100,318
Employees
113
Year formed
1980
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHARLOTTE VARNUMEXECUTIVE DI
Officer
45$93,512
LEIGH BURNSFUNDRAISING
Trustee or director
5$0
AMY COXFUNDRAISING
Trustee or director
5$0
THERESA GIARUSSOBOARD SECRET
Trustee or director
5$0
LEE GUARNELLABOARD TREASU
Trustee or director
5$0
LANCE HELMSFUNDRAISING
Trustee or director
5$0
KANG HUBERTGOVERNANCE C
Trustee or director
5$0
LORI JOHNSTONGOVERNANCE C
Trustee or director
5$0
JAMAR LASTERGOVERNANCE C
Trustee or director
5$0
PULLARA LISEEGOVERNANCE C
Trustee or director
5$0
NOEL MAYESKEFUNDRAISING
Trustee or director
5$0
DAVID PEKTASBOARD CHAIR
Trustee or director
5$0
TRACIE POWELLBOARD VICE C
Trustee or director
5$0
JAMES ROBINSONFUNDRAISING
Trustee or director
5$0
JAFARI SAMIRAGOVERNANCE C
Trustee or director
5$0
2 more people on this return
NameTitleHours / weekCompensation
MARK ANTHONY THOMASGOVERNANCE C
Trustee or director
5$0
MARK JOHNSONEDITORIAL/GO
Officer
5$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
CHARLOTTE VARNUMEXECUTIVE DI
Officer
40$88,529
REBECCA BURNSEXECUTIVE DI
Officer
40$15,425
MARK BIXLEREDITORIAL CH
Trustee or director
3$0
AMY COXEDITORIAL CO
Trustee or director
3$0
ALI GANTGOVERNANCE C
Trustee or director
3$0
LEE GUARNELLAVICE CHAIR
Trustee or director
3$0
JAMAR LASTERCHAIR
Trustee or director
6$0
JAIME MCMURTRIEFUNDRAISING
Trustee or director
3$0
DAVID PEKTASGOVERNANCE C
Trustee or director
3$0
TRACIE POWELLGOVERNANCE C
Trustee or director
3$0
KRISTI RAMSAYFUNDRAISING
Trustee or director
3$0
JAMES ROBINSONADVERTISING
Trustee or director
3$0
MARK JOHNSONEDITORIAL/GO
Officer
3$0
990 for the year ended December 31, 2022: 14 people
NameTitleHours / weekCompensation
REBECCA BURNSEXECUTIVE DI
Officer
40$77,552
MARK BIXLEREDITORIAL CH
Trustee or director
1$0
AMY COXEDITORIAL CO
Trustee or director
1$0
ALI GANTGOVERNANCE C
Trustee or director
1$0
THERESA GIARRUSSOFUNDRAISING
Trustee or director
1$0
LEE GUARNELLAVICE CHAIR
Trustee or director
1$0
LANCE HELMSADVERTISING
Trustee or director
1$0
SAMIRA JAFARIGOVERNANCE C
Trustee or director
1$0
JAMAR LASTERCHAIR
Trustee or director
1$0
JAIME MCMURTRIEFUNDRAISING
Trustee or director
1$0
DAVID PEKTASGOVERNANCE C
Trustee or director
1$0
TRACIE POWELLGOVERNANCE C
Trustee or director
1$0
KRISTI RAMSAYFUNDRAISING
Trustee or director
1$0
JAMES ROBINSONADVERTISING
Trustee or director
1$0
990 for the year ended December 31, 2021: 14 people
NameTitleHours / weekCompensation
REBECCA BURNSEXECUTIVE DI
Officer
40$71,879
MARK BIXLEREDITORIAL CH
Trustee or director
1$0
AMY COXEDITORIAL CO
Trustee or director
1$0
ALI GANTGOVERNANCE C
Trustee or director
1$0
THERESA GIARRUSSOFUNDRAISING
Trustee or director
1$0
LEE GUARNELLAVICE CHAIR
Trustee or director
1$0
LANCE HELMSADVERTISING
Trustee or director
1$0
SAMIRA JAFARIGOVERNANCE C
Trustee or director
1$0
JAMAR LASTERCHAIR
Trustee or director
1$0
JAIME MCMURTRIEFUNDRAISING
Trustee or director
1$0
DAVID PEKTASGOVERNANCE C
Trustee or director
1$0
TRACIE POWELLGOVERNANCE C
Trustee or director
1$0
KRISTI RAMSAYFUNDRAISING
Trustee or director
1$0
JAMES ROBINSONADVERTISING
Trustee or director
1$0

Address and contacts

Address (IRS master file)
297 PRINCE AVE STE 20, ATHENS, GA 30601-2478
In care of
% REBECCA BURNS
Principal officer (990 for 2024)
CHARLOTTE VARNUM, 540 BAXTER STREET, ATHENS, GA 30605
Signed the 990
CHARLOTTE VARNUM, EXECUTIVE DIRECTOR
Phone
(706) 433-3009
Return prepared by
RESJ PC

Mission

THE RED & BLACK IS AN INDEPENDENT, NONPROFIT STUDENT MEDIA ORGANIZATION WITH THE DUAL MISSIONS OF TRAINING STUDENTS FOR FUTURE CAREERS IN THE NEWS INDUSTRY WHILE SERVING OUR COMMUNITY AS A CREDIBLE, COMPELLING, INDEPENDENT SOURCE OF NEWS AND INFORMATION.

990 for the year ended December 31, 2024

Program accomplishments

  • THE RED & BLACK PUBLISHES A FREE MONTHLY NEWSPAPER AND REGULAR MAGAZINES AS WELL AS PUBLISHING FREE DAILY NEWS ON REDANDBLACK.COM. THE RED & BLACK TRAINS MORE THAN 200 COLLEGE STUDENTS EACH ACADEMIC YEAR, WITH MORE THAN 100 STUDENTS MOVING ON TO WORK AS REPORTERS, EDITORS, PHOTOGRAPHERS AND OTHER CONTRIBUTORS TO REDANDBLACK.COM. THE RED & BLACK HAS BEEN RECOGNIZED BT THE ASSOCIATED COLLEGIATE PRESS, THE SOCIETY OF PROFESSIONAL JOURNALISTS, AND THE GEORGIA COLLEGE PRESS ASSOCIATION FOR EXCELLENCE IN JOURNALISM AND ADVERTISING.
    Expenses $950,754 · grants $3,500 · revenue $640,312

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-1410389
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1981
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,372,446
Income (IRS master file)
$1,100,318

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$770,563$1,072,503$3,372,446IRS
990December 2023$785,941$1,217,056$3,561,083XML
990December 2022$820,233$1,113,095$3,639,181XML
990December 2021$385,213$551,244$4,584,563XML
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1410389).

Questions about THE RED & BLACK PUBLISHING COMPANY INC

What is the EIN of THE RED & BLACK PUBLISHING COMPANY INC?
The employer identification number (EIN) of THE RED & BLACK PUBLISHING COMPANY INC is 58-1410389.
Is THE RED & BLACK PUBLISHING COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to THE RED & BLACK PUBLISHING COMPANY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE RED & BLACK PUBLISHING COMPANY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE RED & BLACK PUBLISHING COMPANY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE RED & BLACK PUBLISHING COMPANY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE RED & BLACK PUBLISHING COMPANY INC?
The 990 for the year ended December 31, 2024 names CHARLOTTE VARNUM.
Who are the officers and directors of THE RED & BLACK PUBLISHING COMPANY INC?
The 990 for the year ended December 31, 2024 lists 17 people; 1 received compensation from the organization, the highest $93,512 (CHARLOTTE VARNUM, EXECUTIVE DI).
How much revenue does THE RED & BLACK PUBLISHING COMPANY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $770,563, expenses of $1,072,503 and total assets of $3,372,446 at year end.

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