Nonprofit’s Just Another Word for Money Left to Lose?

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Posted on June 21, 2006 
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The Myths of Nonprofit Literary Publishing: “If a for-profit group had grants, no income tax liability and a free workforce, someone would be making good money and fewer small businesses would go under. Why does a nonprofit have these savings and still claim to be too poor to pay its bills, namely the writing content that serves as the very foundation of the publication?” (via The Publishing Spot)

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