The Literacy Project FY2023 filing

Tax-deductible

Mount Rainier, MD501(c)(3)Arts & CultureEIN 20-5485155Revenue $176K in FY2023

On file with the IRStheliteracyproject.org3208 Otis St, 20712-2132 · Mount Rainier, MDTax-exempt since May 2020Publicly supported — 509(a)(2)

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We promote that Literacy is possible for all, through multimedia oral history and documentary projects that archive and share stories of Literacy, emphasizing the roles of Literacy programs in social justice movements throughout the americas.

501(c)(3) charity; gifts are tax-deductible.
56¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
3 of 4
filings with a surplus
Average surplus $45K a year · 17% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $62K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$5K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$176K
-17% vs prior year
Spent
$260K
To programs
56%
Net assets
$161K
By yearFY2021–FY2024
Revenue
$176K
FY2023▼ -17%
Tap a bar for its year
Revenue by fiscal year
FY2021$339K
FY2022$210K
FY2023$176K
FY2024$333K
Expenses
$260K
FY2023▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2021$162K
FY2022$182K
FY2023$260K
FY2024$273K
Net assets
$161K
FY2023▼ -34%
Tap a bar for its year
Net assets by fiscal year
FY2021$217K
FY2022$245K
FY2023$161K
FY2024$221K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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 May 2020.

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

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $146K Management & general 44% · $114K

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

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Catherine Murphy’s $48K as President is at the 42nd percentile of top reported officer pay among 2215 $100K–1M 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.

See The Literacy Project executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Archives and shares stories of literacy's role in social justice through multimedia projects.

Questions for The Literacy Project

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Provided by the organization

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1 program · $146K · in their own filed words · FY2023
01

In 2023, the literacy project advanced research and production on several different documentary films, for which we contracted with multiple film professionals in diverse capacities and geographies.

$146Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$62K
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$176K
Ln 12
Gifts and grantsLn 1h$172K
Other incomeLn 4–11$3K
Investment incomeLn 3$423
Money outPt IX
$260K
Ln 25
Programscol B$146K
Managementcol C$114K
Owns and owesPt X
$161K
net assets · Ln 32
Cash and savingsLn 1–2$166K
Total assetsLn 16$166K
LiabilitiesLn 26$5K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$172K
Investment incomeLn 3$423
Other incomeLn 4–11$3K
Total revenueLn 12$176K
Assets in detailPt X, end of year
CashLn 1$96K
SavingsLn 2$70K
Cash and savings togetherLn 1–2$166K
Total assetsLn 16$166K
LiabilitiesLn 26$5K
Net assetsLn 32$161K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$252K$166K
Total assetsLn 16$252K$166K
LiabilitiesLn 26$7K$5K
Net assetsLn 32$245K$161K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1K$1K
Pay of current officers, directors and key staffLn 5$48K$48K
Other salaries and wagesLn 7$27K$27K
Payroll taxesLn 10$6K$6K
Legal feesLn 11b$788$500$288
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$94K$85K$9K
Advertising and promotionLn 12$2K$89$2K
Office expensesLn 13$2K$584$1K
Information technologyLn 14$4K$2K$2K
TravelLn 17$44K$43K$1K
InterestLn 20$129$129
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$15K$13K$2K
All other expensesLn 24e$2K$1K$1K
Total functional expensesLn 25$260K$146K$114K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $333K$273K$60K$221K 990 PDF
FY2023 Viewing $176K$260K−$84K$161K 990 PDF
FY2022 $210K$182K$28K$245K 990 PDF
FY2021 $339K$162K$177K$217K 990 PDF

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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 FY2023 990 (6 parts)
Part I · Summary $175,590 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $208,215$171,815
I-9 Program service revenue$0
I-10 Investment income$423
I-11 Other revenuePrior year $2,105$3,352
I-12 Total revenuePrior year $210,320$175,590
I-13 Grants and similar amounts paidPrior year $100$1,000
I-14 Benefits paid to members$0
I-15 Salaries and benefits$80,909
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $182,317$177,831
I-18 Total expensesPrior year $182,417$259,740
I-19 Revenue less expensesPrior year $27,903−$84,150
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $175,590 across 5 lines filed
VIII-1f All other contributions, gifts and grants$171,815
VIII-1h Total contributions, gifts and grants$171,815
VIII-3 Investment incomeExcluded from tax $423$423
VIII-5 RoyaltiesRelated to mission $3,352$3,352
VIII-12 Total revenueRelated to mission $3,352 · Unrelated business $0 · Excluded from tax $423$175,590
Part IX · Statement of functional expenses $259,740 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $1,000$1,000
IX-5 Pay of current officers, directors and key staffManagement $48,000$48,000
IX-7 Other salaries and wagesManagement $26,900$26,900
IX-10 Payroll taxesManagement $6,009$6,009
IX-11b Legal feesPrograms $500 · Management $288$788
IX-11c Accounting feesManagement $6,816$6,816
IX-11g Other fees for servicesPrograms $84,524 · Management $9,100$93,624
IX-12 Advertising and promotionPrograms $89 · Management $1,593$1,682
IX-13 Office expensesPrograms $584 · Management $1,225$1,809
IX-14 Information technologyPrograms $1,642 · Management $2,279$3,921
IX-17 TravelPrograms $43,025 · Management $1,467$44,492
IX-20 InterestManagement $129$129
IX-23 InsuranceManagement $7,210$7,210
IX-24 Other expenses (24a–d)Programs $13,050 · Management $1,948$14,998
IX-24e All other expensesPrograms $1,137 · Management $1,225$2,362
IX-25 Total functional expensesPrograms $145,551 · Management $114,189 · Fundraising $0$259,740
Part X · Balance sheet $166,449 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $252,108$96,026
X-2 Savings and temporary cash investments$70,423
X-16 Total assetsStart of year $252,108$166,449
X-17 Accounts payable and accrued expensesStart of year $6,857$5,348
X-26 Total liabilitiesStart of year $6,857$5,348
X-32 Total net assets or fund balancesStart of year $245,251$161,101
X-33 Total liabilities and net assetsStart of year $252,108$166,449
Part XI · Reconciliation of net assets $161,101 net assets at year end
XI-1 Total revenue$175,590
XI-2 Total expenses$259,740
XI-3 Revenue less expenses−$84,150
XI-4 Net assets at start of year$245,251
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$161,101

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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