Nieman Journalism Lab
Local news blues: The employees of small newspapers see a bleak future (Nieman Journalism Lab)
Submitted by Grace Tepper on Fri, 10/08/2021 - 11:36A change in the IRS process for granting tax-exempt status could be a boon to nonprofit news
The Internal Revenue Service has recently introduced a new application that makes getting tax-exempt status not much more complicated than ordering a pizza online.
What was once a 26-page form has been cut down to three, and groups will now only have to pay a $400 fee rather than $850 to apply.
Not all would-be nonprofits will be eligible for the streamlined process: The new form is only open to groups with annual income of less than $50,000 and assets of less than $250,000. While that might seem like a low threshold, the IRS estimates around 70 percent of the organizations applying for 501(c)(3) status will qualify.
Probably not a surprise: Turns out your boss spends a lot of time in email -- reading news
Do you work in a handsome corner office, one with a view? If so, you likely get a lot of your news in your inbox. A new survey from Quartz looks specifically at the news habits of business executives and finds them -- despite widespread adoption of mobile devices, with their panoply of apps and streams -- still tethered to an old Internet classic.
Sixty percent said that an email newsletter is one of the first three sources they turn to in the mornings for news -- far ahead of dedicated news apps, social networks like Twitter, or news sites on mobile or desktop. When keeping up on industry news, 56 percent say an email newsletter is a primary source -- edging out both industry news sites and general news sites for the top spot. And when it comes time to share the news they’ve found, email (80 percent) topped Twitter (43 percent), Facebook (30 percent), and LinkedIn (30 percent) as their platform of choice.
Three-quarters of executives spend at least 30 minutes a day consuming the news, with 44 percent saying the time right after waking up as the period they’re most focused on news -- far ahead of any other time of day. (Thirty percent said they checked throughout the day, without a single most focused time.)