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Nonprofiteer
← SALT LAKE TRIBUNE INC

Form 990 for tax year 2024

Filed by SALT LAKE TRIBUNE INC.

Totals

Total revenue
$14,859,749
Total expenses
$13,695,668
Contributions and grants received
$4,207,596
Grants paid
$0
Program service revenue
$10,029,789
Investment income
$196,911
Other revenue
$425,453
Total assets, end of year
$3,930,942
Total liabilities, end of year
$2,764,193
Net assets or fund balances, end of year
$1,166,749
Program services expenses (Part IX)
$8,636,036
Management and general expenses
$4,192,739
Fundraising expenses
$866,893
Program service expenses (Part III)
$8,636,036

Program services were 63.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,207,596

  • 2a · Program service revenue: SUBSCRIPTION REVENUE

    total $4,747,648 · related or exempt $4,747,648

  • 2b · Program service revenue: ADVERTISING REVENUE

    total $2,721,839 · unrelated business $2,721,839

  • 2c · Program service revenue: DIGITAL AD REVENUE

    total $747,057 · unrelated business $747,057

  • 2d · Program service revenue: PFP

    total $601,481 · unrelated business $601,481

  • 2e · Program service revenue: LEGALS & OTHER

    total $600,698 · related or exempt $600,698

  • 2f · All other program service revenue

    total $611,066 · related or exempt $611,066

  • 3 · Investment income

    total $175,913 · excluded $175,913

  • 6a · Gross rents

    real property $425,453

  • 6c · Rental income or loss

    real property $425,453

  • 6d · Net rental income or loss

    total $425,453 · related or exempt $425,453

  • 7a · Gross sales of assets other than inventory

    securities $27,644

  • 7b · Less cost or other basis and sales expenses

    securities $6,646

  • 7c · Gain or loss

    securities $20,998

  • 7d · Net gain or loss

    total $20,998 · excluded $20,998

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $802,263 · program services $541,029 · management and general $213,005 · fundraising $48,229

  • 7 · Other salaries and wages

    total $6,242,125 · program services $4,209,549 · management and general $1,657,321 · fundraising $375,255

  • 9 · Other employee benefits

    total $764,352 · program services $515,462 · management and general $202,940 · fundraising $45,950

  • 10 · Payroll taxes

    total $469,043 · program services $316,312 · management and general $124,534 · fundraising $28,197

  • 11b · Fees: legal

    total $53,550 · program services $36,113 · management and general $14,218 · fundraising $3,219

  • 11c · Fees: accounting

    total $115,860 · management and general $115,860

  • 11g · Fees: other

    total $7,423 · program services $5,006 · management and general $1,971 · fundraising $446

  • 12 · Advertising and promotion

    total $77,374 · program services $52,179 · management and general $20,543 · fundraising $4,652

  • 13 · Office expenses

    total $669,767 · program services $451,676 · management and general $177,827 · fundraising $40,264

  • 16 · Occupancy

    total $853,764 · management and general $853,764

  • 17 · Travel

    total $94,834 · program services $63,954 · management and general $25,179 · fundraising $5,701

  • 22 · Depreciation, depletion and amortization

    total $12,634 · program services $8,520 · management and general $3,354 · fundraising $760

  • 23 · Insurance

    total $58,438 · management and general $58,438

  • 24a · Other expenses: ADVERTISING

    total $1,635,922 · program services $1,103,229 · management and general $434,347 · fundraising $98,346

  • 24b · Other expenses: CIRCULATION

    total $575,034 · program services $575,034

  • 24c · Other expenses: PRINTING

    total $489,649 · program services $330,208 · management and general $130,005 · fundraising $29,436

  • 24d · Other expenses: MERCHANT FEES

    total $244,229 · program services $164,703 · management and general $64,844 · fundraising $14,682

  • 24e · All other expenses

    total $529,407 · program services $263,062 · management and general $94,589 · fundraising $171,756

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $820,763 · end of year $1,295,784

  • 4 · Accounts receivable

    beginning of year $948,645 · end of year $2,164,986

  • 9 · Prepaid expenses and deferred charges

    beginning of year $77,558 · end of year $218,302

  • 10a · Land, buildings and equipment: cost or other basis

    $118,216

  • 10b · Land, buildings and equipment: accumulated depreciation

    $60,123

  • 10c · Land, buildings and equipment, net

    beginning of year $70,727 · end of year $58,093

  • 15 · Other assets

    beginning of year $50,000 · end of year $193,777

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,284,555 · end of year $985,607

  • 19 · Deferred revenue

    end of year $1,299,046

  • 25 · Other liabilities

    end of year $479,540

  • 27 · Net assets without donor restrictions

    beginning of year -$1,316,862 · end of year $1,166,749

Mission and programs · 2024

Mission

THE TRIBUNE IS UTAH'S INDEPENDENT VOICE. BUILDING ON A LEGACY OF COURAGEOUS, WATCHDOG JOURNALISM, WE STRIVE TO TELL STORIES THAT ARE INTERESTING, IMPORTANT AND INCLUSIVE. DEDICATED TO FAIRNESS AND ACCURACY, WE AIM TO ENGAGE AND EMPOWER YOU - OUR READERS.

  • THE TRIBUNE WILL CONTINUE TO OFFER UNMATCHED REPORTING ON STATE AND LOCAL GOVERNMENT, THE ENVIRONMENT, RELIGION, SPORTS, CULTURE AND GROWTH. IT WILL ELEVATE SOLUTIONS-ORIENTED REPORTING AND IT WILL FOCUS ITS JOURNALISM ON THE PEOPLE AND PLACES THAT MAKE UTAH SPECIAL. AS A NONPROFIT, THE TRIBUNE'S EDITORIAL BOARD - WHICH OPERATES INDEPENDENT OF ITS NEWSROOM - DOES NOT ENDORSE CANDIDATES RUNNING FOR POLITICAL OFFICE. THE TRIBUNE WORKS WITH PRO BONO LEGAL SERVICES TO SEEK ACCESS TO GOVERNMENT RECORDS ON BEHALF OF THE PUBLIC.

    Expenses $8,636,036 · Revenue $10,029,790

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Lauren Gustus

    CEO & EXEC E

    Total calculated
    $338,834
    From this org
    $314,423
    From related orgs
    $0
    Other
    $24,411
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $314,423
    Bonus
    not reported
    Other
    not reported
    Deferred
    $12,531
    Nontaxable benefits
    $11,880
    Filer's total
    $338,834
  • Chris Stegman

    CHIEF REVENU

    Total calculated
    $269,633
    From this org
    $252,185
    From related orgs
    $0
    Other
    $17,448
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $99,519
    Bonus
    $152,666
    Other
    not reported
    Deferred
    $5,023
    Nontaxable benefits
    $12,425
    Filer's total
    $269,633
  • Danyelle White

    CHIEF OF CON

    Total calculated
    $208,206
    From this org
    $189,947
    From related orgs
    $0
    Other
    $18,259
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,967
    Bonus
    $52,980
    Other
    not reported
    Deferred
    $7,576
    Nontaxable benefits
    $10,683
    Filer's total
    $208,206
  • Erin Ciel Hunter

    CHIEF DEV OF

    Total calculated
    $193,796
    From this org
    $181,827
    From related orgs
    $0
    Other
    $11,969
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,827
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,248
    Nontaxable benefits
    $4,721
    Filer's total
    $193,796
  • Antonio Ramirez

    PRODUCT LEAD

    Total calculated
    $121,875
    From this org
    $115,500
    From related orgs
    $0
    Other
    $6,375
    Hours/week
    40
  • Tessa Arneson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Rebecca Chavez-Houck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Randy Dryer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Fred Esplin

    CO-SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Sarah George

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Chris Gibson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Tom Love

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Ashish Patel

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Dave Patel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • James Shelledy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
30 May 2025
IRS schema version
2024v5.0
Source object
202541559349300324

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