IMPROVE THE NEWS FOUNDATION
NEW CASTLE,
Delaware,
19720
EIN: 85-3391849
Arts, Culture and Humanities
MISSION
The organization's mission is to help improve access to high-quality news media.
DEMOGRAPHIC
ADDRESS
28 SUNSET BLVD
19720
COUNTY
new castle county, DE
IN CARE OF NAME
MAX TEGMARK
ORGANIZATIONAL OVERVIEW & RANKINGS
IMPROVE THE NEWS FOUNDATION is a based in NEW CASTLE, DE, focused on Arts, Culture and Humanities causes , specifically Media, Communications Organizations. Established in April 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,036,508.00, this ranks 210,877 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 2,051 out of 12,383 organizations in DE (Top 17%).
In new castle county, DE, the organization ranks 1,827 out of 8,347 nonprofits by assets (Top 22%), while locally in new castle, it stands at 28 among 406 organizations (Top 6%).
The organization reported annual revenue of $2,950,000.00, ranking 67,397 nationally (Top 3%) and 233 in DE (Top 2%).
Within its specific NTEE classification (A30 - A: Arts, Culture and Humanities), which includes 1,831 similar organizations, IMPROVE THE NEWS FOUNDATION ranks 77 in assets (Top 5%) and 28 in revenue (Top 2%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A30: Media, Communications Organizations
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,950,000.00
FORM 990 REVENUE AMOUNT
$2,950,000.00
RULING DATE
04/2021
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,036,508.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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