NUVO, an alternative bi-weekly publication based in Indianapolis, put out its last print edition on Feb. 27, the paper announced. The paper said it will be an online, membership-driven publication going forward.
Editor and Publisher Kevin McKinney said he gifted Nuvo’s brand and assets to the nonprofit NUVO Cultural Foundation, which has 501(c)(3) status. The move allows for tax deductible contributions and allows NUVO to accept grant money. “Becoming a nonprofit aligns with our mission of making journalism more trusted again and useful in solving the problems that you think are most important. We are now accountable to the community, which means you, and have a structure better designed for a mission-driven organization that desires to be transparent,” McKinney said in a letter to readers.
“Will you help us pay for this journalism rather than have us rely on advertisers who can influence our work?” he wrote.