National Newspaper Association Foundation

Analysis

National Newspaper Association Foundation is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in January 1961, 65 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Newspaper Association Foundation reported income of $428k and spending of $471k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $523k to $428k (-18%), an average of -9.5% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Newspaper Association Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include National Human Services Data Consortium ($428k), Muskegon Civic Theatre ($428k) and Olympic Theatre Arts ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 49% of the total. At year end it held assets of $267k against liabilities of $0, net assets of $267k.