Non profit for a media company?

[MichaelCash]

Hi!
Is it possible to register a media company that produces some content as Non Profit? It should be some videos about local businesses and tech industry, etc. I am not looking for getting profit out of it for now anyway.


Thank you

 

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[Melissa Tucker]

Probably...but why?

I’m currently on the board of 2 non-profits. One helps women owned businesses in the greater Phoenix area and the other provides mainstream residential housing & life skills to young adults with learning disabilities.

NP’s require more accounting oversight than a for profit. You have to run things by the book. It’s not always easy to get donations & volunteers. So you need a really compelling story.

You can apply for Google Grants if you’re a NP (and have your letter from the IRS giving you status...which I think can take some time to get). Google Grants gives you up to $10,000 a mo in free ad words, GSuite, and more. There’s limitations to that though & I’d recommend researching. It’s a nice add on but not a reason to not make profit.

Based on the info in your post...it sounds like you’d have less cost, more time, and more fun just doing it as a hobby for now?