The Challenge for Non-Profit News Organizations
Non-profit status is often cited as an exciting new option for struggling local news outlets. ProPublica, MinnPost, and the Voice of San Diego are inspiring examples of non-profit startups, while the Christian Science Monitor, NPR and other organizations are all long-standing examples. It's not difficult to see that old and young non-profit platforms alike are among the leaders in news innovation. I agree that there are many upsides to the non-profit path, but it also carries significant management risk. The business environment of non-profits is often deeply misunderstood, even by the managers of tax-exempt companies themselves. More worrisome, boards are...
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