The Paris Review Foundation Inc

Organization Overview

The Paris Review Foundation Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 11/2023, Paris Review Foundation Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paris Review Foundation 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 11/2023, Paris Review Foundation Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $3.4m during the year ending 11/2023. While expenses have increased by 7.6% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO FOSTER THE DEVELOPMENT OF CREATIVE INDIVIDUALS AS WRITERS AND ARTISTS AND TO PROMOTE PUBLIC APPRECIATION OF EXCELLENCE IN THE LITERARY AND GRAPHIC ARTS, BY PUBLISHING A MAGAZINE CONTAINING FICTION, POETRY, ESSAYS, REPRODUCTIONS OF GRAPHIC ART, AND INTERVIEWS WITH WRITERS AND ARTISTS REGARDING THEIR WORK, BY PUBLISHING AND FOSTERING THE PUBLICATION OF COLLECTIONS OF SUCH WORKS, BY FOSTERING THE PUBLICATION OF LITERARY AND GRAPHIC WORKS AS BOOKS, FILMS OR OTHER FORMS, AND BY OTHER ACTIVITIES THAT FURTHER THESE GOALS.

Describe the Organization's Program Activity:

PUBLICATION OF THE PARIS REVIEW:IN FISCAL 2023, THE MOST SIGNIFICANT ACTIVITY OF THE PARIS REVIEW FOUNDATION WAS THE PUBLICATION OF FOUR ISSUES OF THE PARIS REVIEW, EACH OF WHICH REACHED AN AVERAGE OF 27,773 SUBSCRIBERS AND PURCHASERS OF SINGLE ISSUES.


WEB ACTIVITIES:DURING FISCAL 2023,THE PARIS REVIEW WEBSITE RECEIVED A TOTAL OF 9,626,652 PAGE VIEWS AND 5,143,929 VISITORS. THE DAILY IS UPDATED ONCE A DAY.


EVENTS AND PROGRAMMING:IN FISCAL YEAR 2023, THE PARIS REVIEW FOUNDATION HELD TEN EVENTS TO BRING WRITERS, ARTISTS, AND READERS TOGETHER. IN APRIL, WE HELD THE ANNUAL SPRING REVEL FUNDRAISER AND AWARDS CEREMONY, PRESENTING PRIZES TO THE WRITERS VIVIAN GORNICK, ISHION HUTCHINSON, AND HARRIET CLARK. IN JUNE, SEPTEMBER, AND DECEMBER, RESPECTIVELY, WE HELD LAUNCH CELEBRATIONS FOR NEW QUARTERLY ISSUES. IN JANUARY, WE CO-HOSTED A SCREENING WITH METROGRAPH CINEMA OF MARIA LVAREZ'S DOCUMENTARY, "EL TIEMPO PERDIDO", AN ODE TO MARCEL PROUST AND TO THE BUENOS AIRES BOOK CLUB DEVOTED TO HIS MASTERPIECE, "IN SEARCH OF LOST TIME." IN FEBRUARY, WE CO-HOSTED A READING AND CONVERSATION BETWEEN WINTER ISSUE CONTRIBUTORS VICTORIA CHANG, C. S. GISCOMBE, TIMMY STRAW AND PARIS REVIEW POETRY EDITOR, SRIKANTH REDDY AT THE MORGAN LIBRARY AND MUSEUM. IN SEPTEMBER, WE CO-HOSTED AN EVENT WITH THE ARMORY SHOW TO SHOWCASE THE PARIS REVIEW EDITIONS PRINT SERIES AND INTRODUCE SAM MCKINNISS'S NEWEST ADDITION TO IT. IN OCTOBER, WE HAD A BOOTH AT THE IFPDA PRINT FAIR--THE LARGEST INTERNATIONAL ART FAIR DEDICATED TO PRINTS AND PRINTMAKING--TO SHOWCASE SELECT EDITIONS FROM THE PARIS REVIEW PRINT SERIES, AND WE HAD A BOOTH AT THE BROOKLYN BOOK FESTIVAL. IN NOVEMBER, WE CO-HOSTED A GATHERING WITH THE METROPOLITAN OPERA--FEATURING SPECIAL GUESTS ANTHONY DAVIS AND THULANI DAVIS, COMPOSER AND LIBRETTIST, RESPECTIVELY, OF "X: THE LIFE AND TIMES OF MALCOLM X."


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Board, Officers & Key Employees

Name (title)Compensation
Matthew Holt
President
$0
Lawrence H Guffey
Treasurer
$0
William B Beekman
Secretary
$0
Kwame Anthony Appiah
Board Member
$0
Jeffrey Eugenides
Board Member
$0
Stephen Gaghan
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Prolific Graphics Inc
Printing
$331,256
Strategic Fulfillment Group
Storage/publication Fulfillment
$259,287
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$954,971
Related organizations$0
Government grants $10,000
All other contributions, gifts, grants, and similar amounts not included above$343,394
Noncash contributions included in lines 1a–1f $49,628
Total Revenue from Contributions, Gifts, Grants & Similar$1,308,365
Total Program Service Revenue$1,673,482
Investment income $37,527
Tax Exempt Bond Proceeds $0
Royalties $97,042
Net Rental Income $0
Net Gain/Loss on Asset Sales $442,705
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $113,256
Miscellaneous Revenue$0
Total Revenue $3,754,518

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