Instead of the usual 12 months, it took the IRS more than two and a half years to grant 501(c)3 non-profit status to the San Francisco Public Press.

Last week’s big announcement was a cause for celebration not just at the four-year-old Bay Area outlet but also for Harvard’s Digital Media Law Project and the Investigative News Network, which supported executive editor Michael Stoll and publisher Lila LaHood in these efforts. The long-awaited IRS decision was finalized just ahead of yesterday’s release of the Web outlet’s eighth quarterly print edition.

“We actually got the IRS news in the mail the week before last, but we were distracted with putting out our latest print edition,” Stoll tells FishbowlLA. “So it took us a while to announce it.”

The Fall 2012 print edition is 16 pages and retails for a dollar. The “ultra broadsheet” features full color throughout and measures 14 ½ by 20 inches. There are no vending boxes on the street in San Francisco, yet, but Stoll confirms they are looking into adding that component.

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