South Dakota News Watch

Analysis

South Dakota News Watch is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in April 2017, 9 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, South Dakota News Watch reported income of $446k and spending of $547k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $446k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Dakota News Watch sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within SD. Charities of a similar size with the same main cause include Brooklyn Poets Inc ($446k), Historic Wilmington Foun Inc ($447k) and Burlesque Hall of Fame Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $140k (26% of expenses). Other salaries and wages came to $233k. At year end it held assets of $454k against liabilities of $881, net assets of $453k. It reported 6 employees.