Authors League Fund Established By The Authors League Of America Inc

Organization Overview

Authors League Fund Established By The Authors League Of America Inc is located in Brooklyn, NY. The organization was established in 1936. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Authors League Fund Established By The Authors League Of America Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Authors League Fund Established By The Authors League Of America Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $626.9k during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTIONS TO AUTHORS IN FINANCIAL NEED. THESE DISTRIBUTIONS DO NOT HAVE TO BE REPAID.


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Board, Officers & Key Employees

Name (title)Compensation
Pat Cummings
President
$0
Sidney Offit
Vice President
$0
James Stewart
Treasurer
$0
Amy Bloom
Secretary
$0
Mary Rasenberger
General Counsel
$0
Gregory Pardlo
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $849,698
Interest on Savings $0
Dividends & Interest $396,655
Net Rental Income$0
Net Gain on Sale of Assets $176,214
Capital Gain Net Income $176,214
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $13,451
Total Revenue $1,436,018

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