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Daffy

Kernel Press Inc.

Kernel Press Inc.

Lexington, KY
Tax ID61-0719986

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$185,695

Expenses

$240,432

Mission

The primary exempt purpose of this organization is to educate college students in the area of journalism through publication and advertising sales assignments for a campus newspaper.

About

Program services include education of students through publication of a campus newspaper. In addition to news items and editorial commentary, the newspaper publishes paid advertising. The sale, solicitation and publication of the advertising are conducted by students under the supervision and instruction of staff. Although the services rendered to advertisers are commercial in nature, the advertising business contributes importantly to the education program through training of the students involved. Hence, none of the income derived from publication of the newspaper constitutes gross income from unrelated trade or business.

Interesting data from their 2019 990 filing

The non-profit's mission, as described in the filing, is “The organization's mission is to educate college students in the area of journalism through publication and advertising sales assignments for a campus newspaper.”.

When describing its duties, they were characterized as: “The primary exempt purpose of this organization is to educate college students in the area of journalism through publication and advertising sales assignments for a campus newspaper.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as KY.
  • The filing shows that the non-profit's address as of 2019 is 337 MCVEY HALL UNIVERSITY OF, LEXINGTON, KY, 40506.
  • As of 2019, the non-profit has reported a total of 75 employees on their form.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is -$54,737.
  • The organization has 11 independent voting members.
  • The organization was formed in 1971.
  • The organization pays $130,179 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.