Writers Guild Foundation EIN 23-7024900 Form 990 (PDF) Claim this org

Writers Guild Foundation FY2020 filing

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Educates, inspires, and preserves excellence in screenwriting through programs, a library, and archives. For fiscal year 2020 it reported $1.1M in revenue, $843K in expenses, and $2.6M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Los Angeles, CA
Website
www.wgfoundation.org
Filings
5 on file (2020–2020)
Revenue
$1.1MFY2020
Expenses
$843K
Net assets
$2.6M
People
20
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7024900 Public charity (501(c)(3)) Los Angeles, CA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Educates, inspires, and preserves excellence in screenwriting through programs, a library, and archives.
Leadership
Katie Buckland · Executive Dir. · $125K
Money in and out
$1.1M revenue, $843K expenses
Bottom line
83% program efficiency
Where the money goes · FY2020
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$843K
Pt IX · Ln 25
Net assets
$2.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $244K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.11 Fundraising $0.06
Program efficiency
83%
of spending reaches programs
Operating runway
22.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$1.1M
FY2020
Expenses
$843K
FY2020
Total assets
$2.6M
FY2020
Total liabilities
$32K
FY2020
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$843K
Pt IX · Ln 25
Net assets
$2.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$244K
Total assetsPt X · Ln 16$2.6M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

3 program services account for $697K of program spending, described in the organization's own filed words · FY2020.
01

The writers guild foundation shavelson-webb library & archivethe writers guild foundation shavelson-webb library (library) is the foundation's largest and most visible program, containing more than 30,000 catalogued items.

$451Kprogram expense
02

Literacy programs and acedemic outreachthe foundation's outreach programs include the visiting writers program, an oral history program, and a writing program for military veterans. Through these programs the foundation also seeks to fulfill another major goal: to establish writing for film and television as literature in its own right…

$142Kprogram expense
03

Seminars and educational eventsthe foundation's educational events include workshops, seminars, and a speaker series. Through these events, the foundation offers the community insight and education on the craft of writing for the SCREEN.THE foundation hosts educational events: workshops held at the writers guild theater; multi-night…

$104Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWriters Guild Foundation
EINHdr · item D23-7024900
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.wgfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A76J)
Ruling yearIRS BMFAug 1968

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b19
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
Executive Dir.
$125,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Katie Buckland’s $165K as Executive Dir. is at the 72nd 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Katie Buckland$165,000$165,000$152,750$135,417$125,000
Enid Portuquez$110,000

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$896K · 82%
Program service revenue$116K · 11%
Investment income$75K · 7%
Contributions & grants82%$896K
Program service revenue11%$116K
Investment income7%$75K
— government grantsLn 1e$100K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.11 Fundraising $0.06
Program services83%$697K
Management & general11%$91K
Fundraising6%$55K
Total functional expensesLn 25$843K

Balance Sheet

Part X · end of year
CashLn 1$456K
Total assetsLn 16$2.6M
Total liabilitiesLn 26$32K
Total net assetsLn 32$2.6M
Months of cash on handcomputed6.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.6M · Operating expenses/yr $843K
22.8 months
Where the money goes
Program services
Program services $697K · Total expenses $843K
83%
Management & General
Management & general $91K · Total expenses $843K
11%
Fundraising
Fundraising $55K · Total expenses $843K
6%
Cost to raise $1
Fundraising expense $55K · Solicited contributions $796K
$0.07 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $896K · Total revenue $1.1M
82%
Government reliance
Government grants $100K · Total revenue $1.1M
9%
Earned-income share
Program service revenue $116K · Total revenue $1.1M
11%
Investment reliance
Investment income $75K · Total revenue $1.1M
+7%
Program self-sufficiency
Program service revenue $116K · Total expenses $843K
14%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $2.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $843K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $2.6M
Net-asset ratio
Net assets $2.6M · Total assets $2.6M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.1M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.6M
43%
People & payroll
Highest Reported Total Compensation
Individual Katie Buckland · Reported title Executive Dir. · Highest reported compensation $125K · Total expenses $843K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $555K · Total expenses $843K
66%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 11%
Fundraising cost ratio 6%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2024
See all 14 funders →

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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
FY2024 (Latest)$986K revenue · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$1.4M revenue · ⤓ 990 PDF
FY2020$1.1M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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