Foster an appreciation of and passion for the literary arts through various programs

501(c)(3) charity; gifts are tax-deductible.
$75K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990-PFIndependent: 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
FY2023
latest Form 990-PF
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $285K a year · 54% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
990-PF Pt I · 4 filings
Pay to officers and key staff
$75K
to officers and key staff · 32% of spending
Concern: pay to officers and key staff is 32% of spending; over 30%.
990-PF Pt VIII
65 mo
of spending, in cash
Looks good: 64.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $13K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$14K
1.0% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$53K
-95% vs prior year
Spent
$235K
Net assets
$1.4M
By yearFY2020–FY2023
Revenue
$53K
FY2023▼ -95%
Tap a bar for its year
Revenue by fiscal year
FY2020$202K
FY2021$776K
FY2022$1.1M
FY2023$53K
Expenses
$235K
FY2023▼ -26%
Tap a bar for its year
Expenses by fiscal year
FY2020$199K
FY2021$234K
FY2022$315K
FY2023$235K
Net assets
$1.4M
FY2023▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2020$153K
FY2021$695K
FY2022$1.4M
FY2023$1.4M

From the FY2023 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in May 2018.

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

Where the money goes

What each dollar paid for.

Operating & administrative 100% · $235K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990-PF; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$74,750Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Sean Murphy$74,750$66,000$62,500

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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Programs and updates

Promotes literary arts appreciation and passion through diverse programs.

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Provided by the organization

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1 program · $268K · in their own filed words · FY2022
01

We've continued to provide diverse and inclusive programming, all virtual and free. In addition to our monthly author series and our regular "14:55 interview" podcast, we have our annual summer festival, featuring over 200 speakers and 60 panels, free to all and virtual over 3 days in july.

$268Kprogram expense

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$53K
Investment income$28K
Gifts and grants$25K
Other income$40
Money out
$235K
Running costs$235K
Owns and owes
$1.4M
net assets
Cash and savings$1.3M
Total assets$1.4M
Liabilities$14K
People
5
listed
Paid1
2In more detail
Revenue in detail
Gifts and grants$25K
Investment income$28K
Other income$40
Total revenue$53K
Assets in detailEnd of year
Cash and savings together$1.3M
Total assets$1.4M
Liabilities$14K
Net assets$1.4M
Operations
Employees1
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $53K$235K−$182K$1.4M 990 PDF
FY2022 $1.1M$315K$778K$1.4M 990 PDF
FY2021 $776K$234K$542K$695K 990 PDF
FY2020 $202K$199K$3K$153K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

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

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