Here’s something I completely forgot when I wrote recently about the IRS’s assault on nonprofit journalism: The Associated Press is a nonprofit. It’s time for the IRS to resume approving 501(c)(3) status for nonprofit news organizations.
Discover more from Media Nation
Subscribe to get the latest posts sent to your email.
Cynthia Stead
DK – I doubt the AP is a 501-c-3, which is a public charity. There are 29 types of 501-c organizations – http://www.irs.gov/Charities-&-Non-Profits/Other-Tax-Exempt-Organizations
Chambers of Commerce, Veterans Posts, Burial Companies – all are 501-c organizations. The web site doesn’t say, but I would be the AP is a 501-c-6. This is a little commented on aspect of the whole IRS scandal – the main quality of a 501-c-4 is that they don’t have to disclose the identity of donors, which many other types do. It makes that form popular with the George Soros and Karl Rove element – both of them were able to create new political C-4’s while the IRS was punishing little guys with treasuries of $4,000.