We are a *For-Profit* magazine with a noble aim:

 

Shine a light on underrepresented artists by giving free art space both thru print editions and a vibrant digital platform. 

 

We make money by selling advertisements, direct magazine sales and crowdfunding. 

 

Regarding payments thru our digital partner Kofi:  

 

We utilize funds for marketing / printing of the magazine and staff. Although these sponsored funds are not tax deductible, they do go toward creating a publication that reserves 60% of its content for artists of color and other marginalized groups. It's still a worthwhile cause folks. The aim of this magazine is to bring together voices that perhaps the society hasn't heard from. 

 

Why did we not choose a *For-Profit* model vs a *Non-Profit* ?

 

(Mini Disclaimer in the Disclaimer: All love and respect to *Non-Profit* Orgs. We love you and need you! )

 

Now - There are many reasons why we went with *For-Profit *:

 

1. Less Accounting 

 

2. Creative freedom from a Board of Directors.

 

3. Very arcane legal and accounting rules. 

 

4. Potentially constrictive creative content

 

5. The process of applying for a *Not-Profit* status is onerous and expensive.

 

6. Constant application for grants / loans / stipends etc. 

 

7. Better potential income for staff and propagation of future editions of the publication. 

 

8. This is by no means an exhaustive list.

 

I hope this disclaimer helps to clarify what our magazine *IS* and *IS NOT*

 

Thank you!!

 

Christian Usera 

Editor-in-Chief 

U Magazine LLC