Pen American Center Inc is located in New York, NY. The organization was established in 1992. 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 12/2022, Pen American Center Inc employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pen American Center 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 12/2022, Pen American Center Inc generated $25.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $16.1m during the year ending 12/2022. While expenses have increased by 16.4% per year over the past 8 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
PEN AMERICAN CENTER, INC. IS AN ASSOCIATION OF WRITERS AND OTHERS IN THE LITERARY COMMUNITY WORKING TO DEFEND FREE EXPRESSION, ADVANCE LITERATURE, AND FOSTER INTERNATIONAL LITERARY FELLOWSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREE EXPRESSION PROGRAMS: PEN AMERICA'S FREE EXPRESSION PROGRAMS DEFEND WRITERS AND JOURNALISTS AND PROTECT THE FREE EXPRESSION RIGHTS IN THE UNITED STATES AND AROUND THE WORLD. THIS WORK INCLUDES RESEARCH AND REPORTS ON TOPICAL ISSUES RANGING FROM FRAUDULENT NEWS TO CENSORSHIP IN CHINA; ADVOCACY INTERNATIONALLY AND IN THE UNITED STATES IN DEFENSE OF PRESS FREEDOM AND ON OTHER FREE EXPRESSION CHALLENGES; AND CAMPAIGNS ON POLICY ISSUES AND ON BEHALF OF INDIVIDUAL WRITERS AND JOURNALISTS UNDER THREAT.
PUBLIC PROGRAMS; CONTENT AND OUTREACH; MEMBERSHIP; BRANCHES; PRISON WRITING; PEN AMERICA JOURNAL; WRITERS FUND.
PEN WORLD VOICES FESTIVAL: PEN WORLD VOICES IS AMERICA'S PREMIER INTERNATIONAL LITERARY FESTIVAL, ATTRACTING THE BEST KNOWN WRITERS FROM ACROSS THE GLOBE. SINCE ITS FOUNDING, THE FESTIVAL HAS PRESENTED MORE THAN 1,800 WRITERS AND ARTISTS FROM 118 COUNTRIES SPEAKING 56 LANGUAGES IN VENUES ACROSS NEW YORK CITY AND LOS ANGELES IN A FOUR DAY SERIES OF LITERARY EVENTS WITH A HUMAN RIGHTS FOCUS. THE FESTIVAL WAS FOUNDED BY SALMAN RUSHDIE, ESTHER ALLEN AND MICHAEL ROBERTS IN THE AFTERMATH OF SEPTEMBER 11TH, 2001, WITH THE AIM OF BROADENING CHANNELS OF DIALOGUE BETWEEN THE UNITED STATES AND THE WORLD- A MISSION THAT, TODAY, HAS NEVER BEEN MORE RELEVANT. (CONTINUED ON SCHEDULE O)THE 19TH ANNIVERSARY OF THE UNITED STATES' LEADING INTERNATIONAL LITERARY FESTIVAL CONSISTS OF 40+ EVENTS IN NYC AND 5 EVENTS IN LA, INCLUDING A KEYNOTE LECTURE BY KIRKUS PRIZE WINNING AUTHOR TA-NEHISI COATES AT THE THE NEW SCHOOL'S TISHMAN AUDITORIUM. PROGRAMMING INCLUDES EVENTS WITH AYAD AHKTAR, REZA ASLAN, ELIF BATUMAN, ANNE BEREST, DAVID BLIGHT, MAHOGANY L. BROWNE, JELANI COBB, HEATHER COX RICHARDSON, JENNIFER CROFT, KIRAN DESAI, MATTHEW DESMOND, CAROLYN FORCHE, ASHLEY C. FORD, JUAN GABRIEL VASQUEZ, ROXANE GAY, KAITLYN GREENDIGE, GARTH GREENWELL, KHALED HOSSEINI, ANTON HUR, MARLON JAMES, HAN KANG, KATIE KITAMURA, PHIL KLAY, R.F. KUANG, AMITAVA KUMAR, PADMA LAKSHMI, MIN JIN LEE, YIYUN LI, KYLE LUKOFF, REBECCA MAKKAI, OTTESSA MOSHFEGH, SAYAKA MURATA, BEN OKRI, JOSE OLIVAREZ, IMANI PERRY, GEENA ROCERO, STACY SCHIFF, SAMANTA SCHWEBLIN, MAYUKH SEN, RUTA SEPETYS, KAMILA SHAMIE, MEGGIE SMITH, TRACI SORELL, MARGARET SULLIVAN, MARIA TATAR, AMOR TOWLES, PADMA VENKATRAMAN, JOAN WALSH, MURONG XUECEN, MONICA YOUN, JAVIER ZAMORA, AND MORE.
LITERARY AWARDS:SINCE 1963, THE PEN AMERICA LITERARY AWARDS HAVE HONORED MANY OF THE MOST OUTSTANDING VOICES IN LITERATURE ACROSS DIVERSE GENRES, INCLUDING FICTION, POETRY, SCIENCE WRITING, ESSAYS, SPORTS WRITING, BIOGRAPHY, CHILDREN'S LITERATURE, AND DRAMA. WITH THE HELP OF OUR PARTNERS, PEN AMERICA CONFERS OVER 20 DISTINCT AWARDS, FELLOWSHIPS, GRANTS AND PRIZES EACH YEAR, AWARDING OVER $800,000 TO WRITERS AND TRANSLATORS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ayad Akhtar President | OfficerTrustee | 4 | $0 |
Markus Dohle Executive Vice-President | OfficerTrustee | 1 | $0 |
Masha Gessen Vice President | OfficerTrustee | 1 | $0 |
Tracy Higgins Vice President | OfficerTrustee | 1 | $0 |
Yvonne Marsh Treasurer | OfficerTrustee | 1 | $0 |
Marie Arana Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Community Counseling Service Co Llc Development Consultants | 12/30/22 | $453,004 |
West End Strategy Team Llc Research Services | 12/30/22 | $160,006 |
Nancy Vitale Producer | 12/30/22 | $105,884 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $235,197 |
Fundraising events | $1,677,513 |
Related organizations | $0 |
Government grants | $281,769 |
All other contributions, gifts, grants, and similar amounts not included above | $22,658,780 |
Noncash contributions included in lines 1a–1f | $493,014 |
Total Revenue from Contributions, Gifts, Grants & Similar | $24,853,259 |
Total Program Service Revenue | $189,646 |
Investment income | $242,526 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $296,276 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,786,149 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $319,600 |
Grants and other assistance to Foreign Orgs/Individuals | $856,871 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,091,445 |
Compensation of current officers, directors, key employees. | $408,853 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,735,054 |
Pension plan accruals and contributions | $197,847 |
Other employee benefits | $649,386 |
Payroll taxes | $544,340 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $136,261 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $487,844 |
Fees for services: Investment Management | $43,464 |
Fees for services: Other | $2,650,854 |
Advertising and promotion | $0 |
Office expenses | $718,815 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $812,353 |
Travel | $768,981 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $575,490 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $79,042 |
Insurance | $0 |
All other expenses | $295,107 |
Total functional expenses | $16,101,224 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,388,475 |
Savings and temporary cash investments | $150,073 |
Pledges and grants receivable | $19,423,612 |
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 | $158,418 |
Net Land, buildings, and equipment | $185,055 |
Investments—publicly traded securities | $15,788,392 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,381,727 |
Total assets | $45,475,752 |
Accounts payable and accrued expenses | $610,403 |
Grants payable | $275,515 |
Deferred revenue | $135,735 |
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 | $915,429 |
Total liabilities | $1,937,082 |
Net assets without donor restrictions | $15,083,754 |
Net assets with donor restrictions | $28,454,916 |
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 | $45,475,752 |