Printed Matter INC FY2024 filing

Tax-deductible

New York, NY501(c)(3)Since 1976Arts & CultureEIN 13-2947412Revenue $2.7M in FY2024

On file with the IRSprintedmatter.org231 11th Ave, 10001-1206 · New York, NYTax-exempt since Jun 1979Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To foster the appreciation, dissemination, and understanding of artists' publications, defined as books or other editioned publications conceived by artists as art works, or, more succinctly, as "artwork for the page."

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$193K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $257K a year · 11% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$193K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
63% of total assets
Fine: liabilities are 63% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
+34% vs prior year
Spent
$3.4M
To programs
71%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$2.7M
FY2024▲ +34%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.2M
FY2021$1.9M
FY2022$2.5M
FY2023$2.0M
FY2024$2.7M
FY2024$2.0M
Expenses
$3.4M
FY2024▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.0M
FY2021$2.0M
FY2022$2.4M
FY2023$2.8M
FY2024$3.4M
FY2024$2.7M
Net assets
$1.1M
FY2024▼ -34%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$2.5M
FY2022$2.5M
FY2023$1.7M
FY2024$1.1M
FY2024$464K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1979.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $2.4M Management & general 15% · $514K Fundraising 12% · $419K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

22 people listed on the 990; $193K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Director of Development
$107,160Pt VII · Sec A
Executive Director (to Sept. 2023)
$85,449Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Lesley Martin’s $112K as Executive Director is at the 42nd percentile of top reported officer pay among 3924 $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 · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Max Schumann—$85,449$132,464$115,910$100,443$107,488
Lesley Martin$111,657—————
Krista Manrique$103,114$107,160$107,319———

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.

See Printed Matter INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Distributes artists' books and hosts exhibitions to share visual art ideas.

Questions for Printed Matter INC

Tap to ask. Printed Matter INC sees how many people are interested.

Your first name shows with your question. Printed Matter INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $2.4M · in their own filed words · FY2023
01

Printed matter is the world's leading non-profit organization dedicated to the distribution, understanding and appreciation of artists' books and related publications. In FY24, printed matter offered a unique venue for the public to engage with more than 15,000 artists' books by artists and publishers from around the world; produced…

$2.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$22K
Grants paid · 2 grants · $14K · 2020–2020
Haleakala INCNY · FY2020$6,788

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Gifts and grantsLn 1h$1.5M
Other incomeLn 4–11$742K
Fees for servicesLn 2g$464K
Money outPt IX
$3.4M
Ln 25
Programscol B$2.4M
Managementcol C$514K
Fundraisingcol D$419K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$388K
Total assetsLn 16$2.9M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
22
listed · VII A
PaidVII A2
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Government grantsLn 1e$126K
Noncash giftsLn 1g$187K
Fundraising eventsLn 1c$147K
Fees for servicesLn 2g$464K
Investment incomeLn 3$34K
Other incomeLn 4–11$742K
Gains on assetsLn 7$4K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$349K
SavingsLn 2$39K
Cash and savings togetherLn 1–2$388K
InvestmentsLn 11–13$907K
Land, buildings, equipmentLn 10c$111K
Other assetsLn 15$832K
Total assetsLn 16$2.9M
LiabilitiesLn 26$1.8M
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 522
VolunteersI 619
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$824K$388K
InvestmentsLn 11–13$1.2M$907K
Land, buildings, equipmentLn 10c$249K$111K
Total assetsLn 16$4.0M$2.9M
LiabilitiesLn 26$2.3M$1.8M
Net assetsLn 32$1.7M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$289K$69K$92K$129K
Other salaries and wagesLn 7$949K$692K$195K$63K
Other employee benefitsLn 9$120K$82K$27K$11K
Payroll taxesLn 10$109K$68K$25K$16K
Legal feesLn 11b$10K$6K$2K$1K
Accounting feesLn 11c$116K$72K$27K$17K
Investment management feesLn 11f$8K$8K
Other fees for servicesLn 11g$144K$89K$33K$21K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$52K$42K$5K$5K
Information technologyLn 14$37K$23K$9K$6K
OccupancyLn 16$335K$268K$34K$34K
TravelLn 17$32K$14K$19K
Conferences, conventions and meetingsLn 19$641K$641K
Depreciation, depletion and amortizationLn 22$149K$119K$15K$15K
InsuranceLn 23$25K$20K$3K$3K
Other expenses (24a–d)Ln 24$241K$145K$96K
All other expensesLn 24e$56K$33K$21K$3K
Total functional expensesLn 25$3.3M$2.4M$514K$419K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $2.7M$3.4M−$623K$1.1M 990 PDF
FY2023 $2.0M$2.8M−$776K$1.7M 990 PDF
FY2022 $2.5M$2.4M$76K$2.5M 990 PDF
FY2021 $1.9M$2.0M−$99K$2.5M 990 PDF
FY2020 $2.2M$2.0M$139K$2.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $2,709,029 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $879,368$1,494,533
I-9 Program service revenuePrior year $235,770$464,230
I-10 Investment incomePrior year $21,092$33,648
I-11 Other revenuePrior year $901,593$716,618
I-12 Total revenuePrior year $2,037,823$2,709,029
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,245,040$1,467,706
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,583,164$1,855,742
I-18 Total expensesPrior year $2,828,204$3,323,448
I-19 Revenue less expensesPrior year −$790,381−$614,419
Part VI · Governance 19 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,709,029 across 11 lines filed
Lines not itemized here account for $703,916 of total revenue; see the IRS return.
VIII-1c Fundraising events$147,019
VIII-1e Government grants$125,930
VIII-1f All other contributions, gifts and grants$1,221,584
VIII-1g Noncash contributions (included above)$187,052
VIII-1h Total contributions, gifts and grants$1,494,533
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $464,230$464,230
VIII-3 Investment incomeExcluded from tax $29,189$29,189
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,459$4,459
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $12,702$12,702
VIII-12 Total revenueRelated to mission $1,168,146 · Unrelated business $0 · Excluded from tax $46,350$2,709,029
Part IX · Statement of functional expenses $3,323,448 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $68,531 · Management $92,092 · Fundraising $128,508$289,131
IX-7 Other salaries and wagesPrograms $691,987 · Management $194,568 · Fundraising $62,828$949,383
IX-9 Other employee benefitsPrograms $81,632 · Management $27,476 · Fundraising $10,967$120,075
IX-10 Payroll taxesPrograms $67,639 · Management $25,230 · Fundraising $16,248$109,117
IX-11b Legal feesPrograms $6,168 · Management $2,301 · Fundraising $1,481$9,950
IX-11c Accounting feesPrograms $72,024 · Management $26,866 · Fundraising $17,302$116,192
IX-11f Investment management feesManagement $7,862$7,862
IX-11g Other fees for servicesPrograms $89,119 · Management $33,243 · Fundraising $21,409$143,771
IX-12 Advertising and promotionPrograms $9,020$9,020
IX-13 Office expensesPrograms $41,783 · Management $5,247 · Fundraising $5,200$52,230
IX-14 Information technologyPrograms $22,976 · Management $8,570 · Fundraising $5,519$37,065
IX-16 OccupancyPrograms $268,043 · Management $33,505 · Fundraising $33,505$335,053
IX-17 TravelPrograms $13,851 · Management $18,620$32,471
IX-19 Conferences, conventions and meetingsPrograms $640,530$640,530
IX-22 Depreciation, depletion and amortizationPrograms $119,223 · Management $14,902 · Fundraising $14,903$149,028
IX-23 InsurancePrograms $20,381 · Management $2,548 · Fundraising $2,548$25,477
IX-24 Other expenses (24a–d)Programs $144,501 · Fundraising $96,327$240,828
IX-24e All other expensesPrograms $32,556 · Management $21,154 · Fundraising $2,555$56,265
IX-25 Total functional expensesPrograms $2,389,964 · Management $514,184 · Fundraising $419,300$3,323,448
Part X · Balance sheet $2,935,444 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $823,584$349,066
X-2 Savings and temporary cash investmentsStart of year $176$39,052
X-3 Pledges and grants receivableStart of year $155,385$402,144
X-4 Accounts receivableStart of year $99,485$66,613
X-8 Inventories for sale or useStart of year $206,913$217,229
X-9 Prepaid expenses and deferred chargesStart of year $214,091$11,422
X-10c Land, buildings and equipment, netStart of year $249,119$110,931
X-11 Publicly traded securitiesStart of year $1,185,875$906,625
X-15 Other assetsStart of year $1,073,302$832,362
X-16 Total assetsStart of year $4,007,930$2,935,444
X-17 Accounts payable and accrued expensesStart of year $710,821$887,640
X-19 Deferred revenueStart of year $458,386$16,698
X-25 Other liabilitiesStart of year $1,165,963$909,266
X-26 Total liabilitiesStart of year $2,335,170$1,813,604
X-27 Net assets without donor restrictionsStart of year $1,391,797$628,483
X-28 Net assets with donor restrictionsStart of year $280,963$493,357
X-32 Total net assets or fund balancesStart of year $1,672,760$1,121,840
X-33 Total liabilities and net assetsStart of year $4,007,930$2,935,444
Part XI · Reconciliation of net assets $1,121,840 net assets at year end
XI-1 Total revenue$2,709,029
XI-2 Total expenses$3,323,448
XI-3 Revenue less expenses−$614,419
XI-4 Net assets at start of year$1,672,760
XI-5 Net unrealized gains (losses) on investments$63,499
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,121,840

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.