AQA GCSE Media Studies · 8572
Paper 1, Paper 2
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GCSE Media Studies · key term
An organisation that uses any surplus to support its purposes rather than distributing it as profit to owners.
Used by AQA and Eduqas
Paper 1, Paper 2
Component 1, Component 2
An organisation whose main purpose is not to generate profit for owners; income supports its activities and aims.
A not-for-profit organisation uses its income to support its activities and aims rather than primarily generate profit for owners. This does not mean that production is free or that the organisation does not need income.
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