Poets & Writers INC EIN 13-2682458

Poets & Writers INC

EIN  13-2682458 Public charity (501(c)(3)) New York, NY
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/24/26 · see original filing: IRS
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Size
$1–10M
What they do
Supports writers and poets, connects literary communities, and promotes public appreciation of literature.
Leadership
Melissa Gradel · Executive Director · $221K
Money in and out
$4.8M revenue, $4.5M expenses
Bottom line
75% program efficiency

Supports writers and poets, connects literary communities, and promotes public appreciation of literature. For fiscal year 2025 it reported $4.8M in revenue, $4.5M in expenses, and $8.4M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$4.8M
Pt VIII · Ln 12
Total expenses
$4.5M
Pt IX · Ln 25
Net assets
$8.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $298K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.17 Fundraising $0.08
Program efficiency
75%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
22.9mo
months of highly liquid reserves at operating expense rate▲ +2% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +134% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$4.8M
FY2025▲ +24%
Expenses
$4.5M
FY2025▼ -2%
Total assets
$10.7M
FY2025▲ +1%
Total liabilities
$2.3M
FY2025▼ -16%
Total revenue
$4.8M
Pt VIII · Ln 12
Total expenses
$4.5M
Pt IX · Ln 25
Net assets
$8.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$298K
Total assetsPt X · Ln 16$10.7M
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

3 program services account for $3.1M of program spending, described in the organization's own filed words · FY2024.
01

Poets & writers is a national arts service organization, providing writers of poetry and literary prose access to content, learning, and community to build and sustain the writing life, and fostering communication throughout the literary community.

$1.9Mprogram expense
02

The readings & workshops program makes mini-grants to writers who participate in public literary events and provides technical assistance to event organizers. We offer a series of online courses in both the business and craft of writing.

$669Kprogram expense
03

Poets & writers' website, PW.ORG, offers online-only editorial features and a suite of carefully vetted databases of writing contests, literary magazines, small presses, literary agents, mfa programs, review outlets, and more.

$518Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPoets & Writers INC
EINHdr · item D13-2682458
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.pw.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A76Z)
Ruling yearIRS BMFJul 1971

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$220,536Pt VII · Sec A
Editor in Chief
$158,232Pt VII · Sec A
Director of Finance
$144,382Pt VII · Sec A
Associate Publisher
$119,001Pt VII · Sec A
Director of IT
$108,754Pt VII · Sec A
Director of Development
$108,292Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Melissa Gradel’s $221K as Executive Director is at the 89th percentile of top reported officer pay among 3916 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Elliot Figmaned Thru 122020$225,641
Elliot Figman$224,522
Melissa Gradel$220,536$216,647$218,916
Melissa Gradel$197,821$141,159$134,956
Kevin Larimer$158,232$153,750$145,303
Tia Williams$144,382$135,586$132,446
Kevin Larimer$130,129$121,162$117,208
Tim O'Sullivan$119,001$115,969$114,777

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$2.2M · 46%
Program service revenue$1.8M · 39%
Investment income$544K · 11%
Other revenue$189K · 4%
Contributions & grants46%$2.2M
Program service revenue39%$1.8M
Investment income11%$544K
Other revenue4%$189K
— government grantsLn 1e$567K
Total revenueLn 12$4.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.17 Fundraising $0.08
Program services75%$3.4M
Management & general17%$766K
Fundraising8%$362K
Total functional expensesLn 25$4.5M

Balance Sheet

Part X · end of year
CashLn 1$681K
Total assetsLn 16$10.7M
Total liabilitiesLn 26$2.3M
Total net assetsLn 32$8.4M
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $8.6M · Operating expenses/yr $4.5M
22.9 months
Where the money goes
Program services
Program services $3.4M · Total expenses $4.5M
75%
Management & General
Management & general $766K · Total expenses $4.5M
17%
Fundraising
Fundraising $362K · Total expenses $4.5M
8%
Cost to raise $1
Fundraising expense (3-yr avg) $365K · Solicited contributions (3-yr avg) $1.5M
$0.25 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.2M · Total revenue $4.8M
46%
Government reliance
Government grants $567K · Total revenue $4.8M
12%
Earned-income share
Program service revenue $1.8M · Total revenue $4.8M
39%
Investment reliance
Investment income $544K · Total revenue $4.8M
+11%
Program self-sufficiency
Program service revenue $1.8M · Total expenses $4.5M
41%
Growth & trend
Revenue growth (YoY)
This year $4.8M · Prior year $3.9M
+24%
Revenue CAGR
FY2019 $5.4M · FY2024 $4.8M
-2%
Net-asset trend (YoY)
End of year $8.4M · Beginning of year $7.9M
+7%
Balance sheet
Surplus Margin
Revenue $4.8M · Expenses $4.5M
+6%
Liabilities-to-Assets
Total liabilities $2.3M · Total assets $10.7M
21%
Net-asset ratio
Net assets $8.4M · Total assets $10.7M
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7.9M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $10.7M
74%
People & payroll
Highest Reported Total Compensation
Individual Melissa Gradel · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $221K · Total expenses $4.5M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.1M · Total expenses $4.5M
47%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 17%
Fundraising cost ratio 16%
Revenue growth 24%
Investment management fee ratio 1%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 11 grants · $2.0M · 2019–2024
Unitemized GrantFY2024$257,525
Unitemized GrantFY2024$100,000
Unitemized GrantFY2023$263,755
Unitemized GrantFY2023$100,000
Unitemized GrantFY2022$275,253
Unitemized GrantFY2022$85,000
Unitemized GrantFY2021$254,185
Unitemized GrantFY2020$238,155
Unitemized GrantFY2020$43,000
Unitemized GrantFY2019$222,930
Unitemized GrantFY2019$111,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$4.8M revenue · viewing · ⤓ 990 PDF
FY2024$3.9M revenue · ⤓ 990 PDF
FY2023$4.5M revenue · ⤓ 990 PDF
FY2022$4.9M revenue · ⤓ 990 PDF
FY2021$4.8M revenue · ⤓ 990 PDF
FY2020$5.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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