Charity Search / OHIO NEWS MEDIA FOUNDATION
Education (B92) IRS Verified DX Registered 990 on File

OHIO NEWS MEDIA FOUNDATION

EIN: 31-0904715 · COLUMBUS, OH 43215-1000 · United States · FY 2024 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 88/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

The Ohio Newspapers Foundation was formed by Ohio Newspaper Association members in 1975. This 501 (c)(3) charitable organization is operated with contributions that are made outside of the association dues structure. The Foundation’s mission is to achieve the highest standards of excellence and professionalism in journalism and newspaper publishing through research and educational activities. These include:University Journalism Scholarship Program which includes - Scholoarships: minority scholarships, the Ohio newspaper women’s scholarship and the Harold K. Douthit Regional Scholarship - Newspaper Staff Training Calendar - Ohio Newspapers in Education Committee - Ohio Newspaper Carrier Achievement Awards - Seminars with Ohio’s journalism schools - Assistance to high school newspapers

Financial Overview — FY 2024
$35K
Total Revenue
$31K
Total Expenses
$494K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.1%
Fundraising Efficiency N/A
Operating Reserve 190.43x
Liability-to-Asset 0.0%
Revenue Diversification 60.1%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 19,826 similar organizations (United States, Education, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
85.1% 87.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
14.9% 7.0%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
190.4 mo 19.7 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
60.1% 85.3%
P10P90
Above median
Revenue growth
Year over year revenue growth
71.2% 1.6%
P10P90
Expense growth
Year over year expense growth
111.1% 0.2%
P10P90
Surplus margin
Surplus as a share of revenue
11.7% 10.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $35K $31K $494K 85.1% 0
2023 $21K $15K $467K 71.6% 0
2022 $42K $49K $424K 50.6% 0
2021 $27K $42K N/A 0
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Organization Details
EIN
31-0904715
State
OH
City
COLUMBUS
ZIP
43215-1000
Classification
B92
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1975
Foundation Code
22
Form 990
On File
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