North Dakota News Cooperative

Analysis

North Dakota News Cooperative is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in January 2022, 4 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, North Dakota News Cooperative reported income of $152k and spending of $118k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $152k (+121%), an average of +121% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Dakota News Cooperative sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 39th percentile within ND. Charities of a similar size with the same main cause include The Josephine Theatrical Company Inc ($152k), Dance for the Cure Inc ($152k) and Florida Cultural Education Alliance Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $108k against liabilities of $854, net assets of $107k.