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New media matters going to lose its non profit status?
perhaps its time to let the marketplace decide if media matters should have a seat at the table
David Brock, MM's founder, was quoted Saturday by Politico promising that his organization is mounting "guerrila warfare and sabotage" against Fox News, which he said "is not a news organization. It is the de facto leader of the GOP, and it is long past time that it is treated as such by the media, elected officials and the public.”

To that end, Brock told Politico that MM will “focus on [News Corp. CEO Rupert] Murdoch and trying to disrupt his commercial interests ..." Murdoch is the founder of Fox News and a media titan with newspaper, broadcast, Internet and other media countries around the world.

There is nothing in the Politico article to suggest that Brock, who was paid just under $300,000 in 2009, according to the group's most recently available tax return, plans to ask the IRS to change his organization's tax status as a 501(C)(3) tax-exempt educational foundation.

Being a C3 puts MM in the non-profit, non-commercial sector, and it also bars the organzation from participating in partisan political activity. This new, more aggressive stance, however, appears to run directly counter to the government's requirements for maintaining a C3 tax status.
Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 55 years. meep
Expand Edited by boxley March 28, 2011, 11:18:36 AM EDT
New I dunno
I mean, unless FNN has actually acknowledged being an openly partisan operation, how does going after them become a partisan political activity?

BTW- Got Link?
Expand Edited by jake123 March 28, 2011, 05:21:48 PM EDT
New Re: I dunno
http://www.politico....s/0311/51949.html
Sure, understanding today's complex world of the future is a little like having bees live in your head. But...there they are.
New Re: media matters going to lose its non profit status?
it should properly register itself as a 527 corp which allows donations but the donations are not tax deductable
“Criticizing Fox News has nothing to do with criticizing the press,” its memo says. “Fox News is not a news organization. It is the de facto leader of the GOP, and it is long past time that it is treated as such by the media, elected officials and the public.”

It is not about correcting misinformation to MMFA anymore. Their goal now is a “War on Fox News,” not as they see it as a media organization. Instead, they are treating it as a wing of the Republican Party. The cutesy-sounding mission of Media Matters to “correct conservative misinformation” is no longer even remotely appropriate. No, MMFA is a political group with $10 million-plus in annual funding designed to wage war against Fox News, and in their eyes the GOP and conservatives as a whole.

Because of this, Media Matters should reconsider their 501(c)(3) status which is designated for religious, charitable, scientific, literary, or educational purposes. MMFA no longer meets any of these qualifiers (it’s arguable they never did) and under the banner of waging a war against Fox News and the GOP puts them in an entirely different zip code.

http://www.therights...inally-fesses-up/
Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 55 years. meep
     media matters going to lose its non profit status? - (boxley) - (3)
         I dunno - (jake123) - (1)
             Re: I dunno - (beepster)
         Re: media matters going to lose its non profit status? - (boxley)

Ahead two thirds!
111 ms