National Poetry Series Inc
- Assets
- $830.5k
- Revenue
- $408.8k
- Investments
- $557.3k
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 02/1981
- Data as of
- 10/2022
- EIN
- 13-2964957
Organization Overview
National Poetry Series Inc is located in Princeton, NJ. The organization was established in 1981. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Poetry Series 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 10/2022, National Poetry Series Inc generated $408.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $328.8k during the year ending 10/2022. While expenses have increased by 3.2% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECOGNITION AND PROMOTION OF EXCELLENCE IN CONTEMPORARY POETRY BY ENSURING THE PUBLICATION OF FIVE BOOKS OF POETRY A YEAR THROUGH A SERIES OF PARTICIPATING PUBLISHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Halpern Director | 20 | $126,000 | |
Maryann Salem Treasurer | 7 | $27,715 | |
Mariana Cook Board Member | 1 | $0 | |
Stephen Graham Board Member | 1 | $0 | |
Jeffrey Ravetch Board Member | 1 | $0 | |
Tracy K Smith Co Princ U Lew Ctr Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $323,293 |
| Interest on Savings | $279 |
| Dividends & Interest | $3,026 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $82,195 |
| Total Revenue | $408,793 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $153,715 |
| Other employee salaries and wages | $38,959 |
| Pension plans, employee benefits | $15,704 |
| Interest | $0 |
| Taxes | $165 |
| Depreciation | $0 |
| Occupancy | $10,378 |
| Travel, conferences, and meetings | $7,267 |
| Printing and publications | $0 |
| Other expenses | $97,618 |
| Total operating and administrative expenses | $328,806 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $328,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $273,276 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $830,548 |
| Accounts payable and accrued expenses | $39,080 |
| Grants payable | $0 |
| Deferred revenue | $3,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $42,080 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that National Poetry Series Inc has recieved totaling $241,000.
| Awarding Organization | Amount |
|---|---|
Lannan Foundation Santa Fe, NM PURPOSE: SUPPORT FOR FIVE NEW POETRY TITLES | $100,000 |
Jutostgraham Family Foundation New York, NY PURPOSE: GENERAL SUPPORT AND COMMITTMENT TO THE ORGANIZATION. | $75,000 |
The Poetry Foundation Chicago, IL PURPOSE: POETRY PROGRAMMING | $30,000 |
Stephen & Tabitha King Foundation New York, NY PURPOSE: TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C)(3) | $20,000 |
Gil Schwartz Foundation Mill Valley, CA PURPOSE: LITERARY AWARDS PROGRAM THAT SPONSORS THE PUBLICATION OF FIVE BOOKS OF POETRY EACH YEAR. | $10,000 |
John A And Margaret H Cook Fund Inc New York, NY PURPOSE: FOR OPERATIONS | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of United Hatzalah Inc New York, NY | $21,398,507 | $34,797,330 |
Institute Of Certified Mgt Accoun Tants Inc Montvale, NJ | $14,001,661 | $20,791,467 |
Modern Language Association Of America New York, NY | $26,742,104 | $16,207,433 |
American Philosophical Society Philadelphia, PA | $294,142,753 | $31,170,811 |
Pen American Center Inc New York, NY | $36,781,487 | $29,059,092 |
Commercial Real Estate Finance Council Inc New York, NY | $15,641,619 | $8,091,268 |
Academy Of American Poets Incorporated New York, NY | $16,980,319 | $4,039,105 |
Center For Inquiry Inc Amherst, NY | $8,104,198 | $5,991,557 |
National Book Foundation Inc New York, NY | $4,696,616 | $3,836,375 |
Hawthornden Literary Retreat Pittsburgh, PA | $228,597,299 | $115,561,060 |
New York Council For The Humanities New York, NY | $2,496,894 | $3,586,085 |
Institute On Religion And Public Life New York, NY | $2,017,978 | $3,465,184 |