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Which of the following is an example of a nonprofit organization?

a. Tempim, a local newspaper house that sells newspaper at prices lower than its competitors
b.
Modashows, a fashion publication house that issues free subscriptions of its weekly magazines to consumers who are yearly
subscribers
c. Costicon, a regional retail store that sells goods at discounted prices
d. Hollorg, a community museum that is funded by a trust and is free for public use

1 Answer

2 votes

Answer: D - Hollorg

Explanation: Being funded by a trust and free for public use means no funding is being sent to any members or directors. With this being a community museum there will be no pay out.

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