The Poetry Project Limited is located in New York, NY. The organization was established in 1986. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Poetry Project Limited employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Poetry Project Limited 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 06/2022, Poetry Project Limited generated $552.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. While expenses have increased by 11.3% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1 ON NEXT PAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HELD READINGS, LECTURES, POETRY WORKSHOPS, SYMPOSIUMS AND PUBLISHED NEWLETTERS AND PUBLICATIONS.
THE ORGANIZATION HELD READINGS, LECTURES, POETRY WORKSHOPS, SYMPOSIUMS AND PUBLISHED NEWLETTERS AND PUBLICATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kyle Dacuyan Executive Director | Officer | 40 | $90,238 |
Ricardo Maldonado Chair | OfficerTrustee | 2 | $0 |
Delana Ra Dameron Vice Chair | OfficerTrustee | 2 | $0 |
Carol Overby Treasurer | OfficerTrustee | 2 | $0 |
Purvi Shah Board Member | Trustee | 2 | $0 |
Annabel Lee Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $95,905 |
All other contributions, gifts, grants, and similar amounts not included above | $186,800 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $282,705 |
Total Program Service Revenue | $91,388 |
Investment income | $21,948 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $155,675 |
Net Income from Fundraising Events | -$3,147 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $17,957 |
Miscellaneous Revenue | $0 |
Total Revenue | $552,739 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $97,274 |
Compensation of current officers, directors, key employees. | $34,046 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $290,725 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $80,086 |
Payroll taxes | $28,910 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,097 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,365 |
Fees for services: Other | $208,277 |
Advertising and promotion | $0 |
Office expenses | $8,581 |
Information technology | $30,085 |
Royalties | $0 |
Occupancy | $136,132 |
Travel | $18,703 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,790 |
Insurance | $15,061 |
All other expenses | $44,237 |
Total functional expenses | $1,049,043 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $86,994 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $850 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $9,800 |
Investments—publicly traded securities | $488,900 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $3,321 |
Other assets | $4,503 |
Total assets | $594,368 |
Accounts payable and accrued expenses | $56,969 |
Grants payable | $0 |
Deferred revenue | $10,866 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $11,904 |
Total liabilities | $79,739 |
Net assets without donor restrictions | -$595,371 |
Net assets with donor restrictions | $1,110,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $594,368 |