2024-02-15T15:13:29-06:00 2022-12-31 111986323 MARCUM LLP 53 STATE STREET BOSTON MA 02109 990 2022-01-01 042426396 THE HARVARD CRIMSON INC HARV 6175766600 14 PLYMPTON STREET CAMBRIDGE MA 02138 SELLERS HILL PRESIDENT 6175766600 2024-02-15 1 SELLERS HILL 999009999 0 DOUGLAS FARRINGTON P00370668 6178075000 2024-02-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SELLERS HILL 14 PLYMPTON STREET CAMBRIDGE MA 02138 848490 0 X THECRIMSON.COM X 1873 MA TO EDIT AND PUBLISH A NEWSPAPER OF GENERAL INTEREST AND USEFULNESS TO THE STUDENTS OF HARVARD UNIVERSITY AS WELL AS OTHER PUBLICATIONS WHICH MAY BE OF INTEREST TO SUCH STUDENTS, AND THEREBY TO GIVE JOURNALISTIC EXPERIENCE OF EDUCATION AND LITERARY VALUE TO THE STUDENTS AT HARVARD UNIVERSITY IN CONNECTION WITH THEIR COLLEGE WORK. 12 12 1 300 0 0 801804 425394 0 59440 32569 16 199112 154378 1033485 639228 0 1787683 0 0 5016 0 0 0 0 629090 880518 634106 2668201 399379 -2028973 2497103 413879 500663 530086 1996440 -116207 X TO EDIT AND PUBLISH A NEWSPAPER OF GENERAL INTEREST AND USEFULNESS TO THE STUDENTS OF HARVARD UNIVERSITY AS WELL AS OTHER PUBLICATIONS WHICH MAY BE OF GENERAL INTEREST TO SUCH STUDENTS, AND THEREBY TO GIVE JOURNALISTIC EXPERIENCE OF EDUCATIONAL AND LITERARY VALUE TO THE STUDENTS OF HARVARD UNIVERSITY IN CONNECTION WITH THEIR COLLEGE WORK. 0 0 2461998 1787683 TO EDIT AND PUBLISH A NEWSPAPER OF GENERAL INTEREST AND USEFULNESS TO THE STUDENTS OF HARVARD UNIVERSITY AND THEREBY GIVE JOURNALISTIC EXPERIENCE OF EDUCATIONAL AND LITERARY VALUE TO THE STUDENTS IN CONNECTION WITH THEIR COLLEGE WORK. 2461998 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 19 0 1 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 MA X X NATHANAEL Y LEE - THE HARVARD CRIMSON INC 6175766600 14 PLYMPTON ST CAMBRIDGE MA 02138 RAQUEL CORONELL URIBE PRESIDENT 1.00 X X 0 0 0 NATHAN LEE TREASURER 1.00 X X 0 0 0 RACHEL STARK HOCHMAN SECRETARY 1.00 X 0 0 0 PARAS BHAYANI VICE CHAIR 1.00 X 0 0 0 AMIT PALEY CHAIR 1.00 X 0 0 0 AMY ZHOU BUSINESS MANAGER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 213075 212319 425394 59440 59440 59440 16 16 29578 29578 334062 209262 124800 124800 639228 184240 0 29594 1787683 1787683 37624 37624 126012 100810 25202 33221 26577 6644 28158 22526 5632 3689 2951 738 16007 12806 3201 FUND RAISING STUDY 210875 168700 42175 STUDENT LABOR 189269 151415 37854 PRINTING AND POSTAGE 177560 142048 35512 BAD DEBT EXPENSE 28460 22768 5692 29643 23714 5929 2668201 2461998 206203 0 6 899157 246190 41743 46655 121451 22934 20874 15946 12250 14572 2008148 1940572 96416 67576 1305212 0 2497103 413879 169180 190086 325000 340000 6483 0 500663 530086 X 558094 317705 1438346 -433912 1996440 -116207 2497103 413879 X -2028973 -130582 46908 X X 0 0 0 X 90834 256587 604108 801804 490394 2243727 590228 467131 256726 223785 124800 1662670 681062 723718 860834 1025589 615194 3906397 0 4264 158716 290025 593488 292288 1338781 4264 158716 290025 593488 292288 1338781 2567616 28213 48599 58154 32569 16 167551 28213 48599 58154 32569 16 167551 77511 67302 78487 180276 89018 492594 786786 839619 997475 1238434 704228 4566542 0.56230 0.61370 0.03670 0.04260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1223970 564714 1788684 1209775 14195 1223970 1082655 127120 1209775 944591 138064 1082655 985867 -41276 944591 0.57000 0.43000 0 1 1 44387 44387 0 1825047 1757471 67576 138714 138714 0 67576 X PART V, LINE 4: INCOME EARNED ON ENDOWMENT FUNDS WILL BE USED FOR FINANCIAL AID AND SCHOLARSHIPS. PART X, LINE 2: THE ORGANIZATION IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. IF IT IS PROBABLE THAT AN UNCERTAIN TAX POSITION WILL RESULT IN A MATERIAL LIABILITY AND THE AMOUNT OF THE LIABILITY CAN BE ESTIMATED, THEN THE ESTIMATED LIABILITY IS ACCRUED. IF THE ORGANIZATION WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS INCOME TAXES IN THE STATEMENT OF ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF PUBLICATIONS PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF PUBLICATIONS PART XII, LINE 2D AND PART XIII, LINE 2D COST OF PUBLICATIONS ($328,748) IS COMPRISED OF THE FOLLOWING AMOUNTS - PUBLICATION EXPENSE ($143,887), NEWS SALARIES AND EXPENSES ($70,064), ADVERTISING ($85,958), AND DEPRECIATION ($28,839). 1 FRIENDS OF THE HARVARD CRIMSON INC 3 ARLINGTON STREET APT 21 CAMBRIDGE MA 02140 873797902 501(C)(3) 0 1787683 FMV FUNDING AND ASSISTANCE A RELATED ORGANIZATION FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION IS A STUDENT RUN ORGANIZATION. THE BUSINESS MANAGER AND THE PRESIDENT OF THE BOARD REVIEW THE RETURNS AND THE THE PRESIDENT OF ORGANIZATION, A HARVARD UNIVERSITY STUDENT, SIGNS THE RETURNS. THE GRADUATE BOARD OVERSEES AND OFFERS GUIDANCE TO THE STUDENTS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS REQUIRED BY LAW ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PRIOR YEAR ADJUSTMENT 46,908. FORM 990 PART XII- LINE 2(C) THERE HAS NOT BEEN ANY CHANGE IN THE OVERSIGHT OF THE AUDIT FROM THE PREVIOUS YEAR. THE AUDITORS ARE THE SAME AS IN 2014. ACTIVITY RELATED TO THE ACCOMPLISHMENT OF THE ORGANIZATION'S EXEMPT PURPOSE THE HARVARD CRIMSON, INC. ENTERED INTO CERTAIN CONTRACTS TO PRINT NEWSPAPERS, NEWSLETTERS, AND THE LIKE FOR OTHERS. THIS OPERATION IS COMPLETELY RUN AND PERFORMED BY STUDENTS. UNDER INTERNAL REVENUE CODE REGULATION SEC 1.513-1(D), A TEST BY WHICH IT CAN BE DETERMINED WHETHER AN ACTIVITY IS AN UNRELATED BUSINESS IS WHETHER THE ACTIVITIES TO THE ACCOMPLISHMENT OF THE ORGANIZATION'S EXEMPT PURPOSES. EXAMPLE 5 TO REG SEC 1.513(D)(4)(IV), CONCERNING THE SALE OF PAID ADVERTISING BY A SCHOOL NEWSPAPER INDICATES THAT THE ADVERTISING BUSINESS CONTRIBUTES IMPORTANTLY TO THE UNIVERSITY'S EDUCATIONAL PROGRAM THROUGH THE TRAINING OF THE STUDENTS INVOLVED, EVEN IF BY MEANS OF STUDENT INSTRUCTION OF OTHER STUDENTS AND STUDENT PARTICIPATION IN THOSE ACTIVITIES. THUS NONE OF THE INCOME DERIVED FROM THE PUBLICATION, INCLUDING THE ADVERTISING, IS FROM UNRELATED TRADE OR BUSINESS. THE HARVARD CRIMSON TRUST II - CO P CRONIN-WILMER HALE 60 STATE STREET BOSTON MA 02209 222780253 PROVIDE USE OF BUILDING AND LAND MA 501(C)(3) TYPE III - OTHER 0 FRIENDS OF THE HARVARD CRIMSON INC 3 ARLINGTON STREET APT 21 CAMBRIDGE MA 02140 873797902 PROVIDE FUNDS MA 501(C)(3) TYPE III - OTHER 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 FRIENDS OF THE HARVARD CRIMSON INC R 1787683 FMV FRIENDS OF THE HARVARD CRIMSON INC C 155000 FMV