Poetry Society Of America

Organization Overview

Poetry Society Of America is located in New York, NY. The organization was established in 1937. 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 06/2021, Poetry Society Of America employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Poetry Society Of America 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 06/2021, Poetry Society Of America generated $738.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $640.6k during the year ending 06/2021. While expenses have increased by 2.6% per year over the past 6 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD A LARGER AND MORE DIVERSE AUDIENCE FOR POETRY, (CONTINUED ON SCHEDULE O) TO ENCOURAGE A DEEPER APPRECIATION OF THE VITALITY AND BREADTH OF POETRY IN THE CULTURAL CONVERSATION, AND TO PLACE POETRY AT THE CROSSROADS OF AMERICAN LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUBLIC PROGRAMS:THE POETRY SOCIETY PRESENTS LIVE AND DIGITAL PROGRAMS THAT EXPLORE THE WORK OF INDIVIDUAL POETS, AS WELL AS IMPORTANT THEMES IN CONTEMPORARY POETRY, SUCH AS POETRY AND ENVIRONMENTAL JUSTICE OR THE LEGACY OF EMMETT TILL FOR BLACK POETS. THE POETRY SOCIETY ALSO PARTNERS WITH HARLEM ACADEMY TO PRESENT THE VISITING POETS PROGRAM, WHICH BRINGS PROFESSIONAL POETS INTO THE CLASSROOM TO TEACH THE READING AND WRITING OF POETRY TO MIDDLE SCHOOL STUDENTS. THROUGH THESE PUBLIC PROGRAMS, THE POETRY SOCIETY SERVES HUNDREDS OF POETS AND TENS OF THOUSANDS OF READERS EACH YEAR. DUE TO THE COVID-19 PANDEMIC, MOST OF THE POETRY SOCIETY'S PROGRAMS SHIFTED TO DIGITAL IN 2021; NONETHELESS, THE POETRY SOCIETY WAS ABLE TO PRESENT MORE PROGRAMS AND SERVE MORE POETS AND READERS.


ANNUAL AWARDS:EACH YEAR, THE POETRY SOCIETY OFFERS 12 AWARDS TO HONOR AND SUPPORT POETS AT EVERY STAGE OF THEIR CAREER, RANGING FROM AN AWARD FOR A STUDENT POET TO BEST FIRST BOOK TO LIFETIME ACHIEVEMENT IN POETRY. RECIPIENTS OF THE POETRY SOCIETY'S MOST DISTINGUISHED AWARD, THE FROST MEDAL, HAVE INCLUDED GWENDOLYN BROOKS, WALLACE STEVENS, MARIANNE MOORE, JOHN ASHBERY, AND LUCILLE CLIFTON. RECIPIENTS OF THE FOUR QUARTETS PRIZE FOR BEST POETRY SEQUENCE HAVE INCLUDED DANTE MICHEAUX, DANEZ SMITH, AND JOHN MURILLO. EACH YEAR, THE POETRY SOCIETY ALSO AWARDS TWO CHAPBOOK FELLOWSHIPS, WHICH INCLUDE A PRIZE OF $1,000 AND THE PUBLICATION OF THEIR FIRST CHAPBOOK, ALONG WITH MENTORSHIP BY AN ESTABLISHED POET IN THE EDITORIAL AND PUBLICATION PROCESS.


POETRY AND PUBLIC SPACESINCE 1992, THE POETRY SOCIETY HAS PRESENTED POETRY IN MOTION, WHICH PLACES POEMS IN TRANSIT SYSTEMS AROUND THE COUNTRY, CREATING UNEXPECTED AND MEANINGFUL ENCOUNTERS IN PUBLIC SPACES BETWEEN POEMS AND MILLIONS OF READERS. IN 2021, THE PROGRAM EXPANDED TO INCLUDE THE WASHINGTON DC AREA METRO SYSTEM AND PATH/PORT AUTHORITY STATIONS IN NEW JERSEY AND NEW YORK. THE PROGRAM SERVES APPROXIMATELY 9 MILLION PEOPLE EACH YEAR. POETRY IN MOTION IS NOW THE CORNERSTONE OF A LARGER ARRAY OF PROGRAMS IN PUBLIC SPACE, INCLUDING PARTNERSHIPS WITH THE NEW YORK BOTANICAL GARDEN AND BLUE BOTTLE COFFEE, AND TEMPORARY PUBLIC ART PROJECTS. THIS PROGRAM AREA ALSO INCLUDES POEMS ON WHEELS, A PARTNERSHIP WITH MEALS ON WHEELS CHAPTERS AROUND THE COUNTRY TO PROVIDE POEMS ALONG WITH NOURISHING MEALS TO HOMEBOUND SENIORS.


PUBLIC PROGRAMS:THE POETRY SOCIETY PRESENTS LIVE AND DIGITAL PROGRAMS THAT EXPLORE THE WORK OF INDIVIDUAL POETS, AS WELL AS IMPORTANT THEMES IN CONTEMPORARY POETRY, SUCH AS POETRY AND ENVIRONMENTAL JUSTICE OR THE LEGACY OF EMMETT TILL FOR BLACK POETS. THE POETRY SOCIETY ALSO PARTNERS WITH HARLEM ACADEMY TO PRESENT THE VISITING POETS PROGRAM, WHICH BRINGS PROFESSIONAL POETS INTO THE CLASSROOM TO TEACH THE READING AND WRITING OF POETRY TO MIDDLE SCHOOL STUDENTS. THROUGH THESE PUBLIC PROGRAMS, THE POETRY SOCIETY SERVES HUNDREDS OF POETS AND TENS OF THOUSANDS OF READERS EACH YEAR. DUE TO THE COVID-19 PANDEMIC, MOST OF THE POETRY SOCIETY'S PROGRAMS SHIFTED TO DIGITAL IN 2021; NONETHELESS, THE POETRY SOCIETY WAS ABLE TO PRESENT MORE PROGRAMS AND SERVE MORE POETS AND READERS.


ANNUAL AWARDS:EACH YEAR, THE POETRY SOCIETY OFFERS 12 AWARDS TO HONOR AND SUPPORT POETS AT EVERY STAGE OF THEIR CAREER, RANGING FROM AN AWARD FOR A STUDENT POET TO BEST FIRST BOOK TO LIFETIME ACHIEVEMENT IN POETRY. RECIPIENTS OF THE POETRY SOCIETY'S MOST DISTINGUISHED AWARD, THE FROST MEDAL, HAVE INCLUDED GWENDOLYN BROOKS, WALLACE STEVENS, MARIANNE MOORE, JOHN ASHBERY, AND LUCILLE CLIFTON. RECIPIENTS OF THE FOUR QUARTETS PRIZE FOR BEST POETRY SEQUENCE HAVE INCLUDED DANTE MICHEAUX, DANEZ SMITH, AND JOHN MURILLO. EACH YEAR, THE POETRY SOCIETY ALSO AWARDS TWO CHAPBOOK FELLOWSHIPS, WHICH INCLUDE A PRIZE OF $1,000 AND THE PUBLICATION OF THEIR FIRST CHAPBOOK, ALONG WITH MENTORSHIP BY AN ESTABLISHED POET IN THE EDITORIAL AND PUBLICATION PROCESS.


POETRY AND PUBLIC SPACESINCE 1992, THE POETRY SOCIETY HAS PRESENTED POETRY IN MOTION, WHICH PLACES POEMS IN TRANSIT SYSTEMS AROUND THE COUNTRY, CREATING UNEXPECTED AND MEANINGFUL ENCOUNTERS IN PUBLIC SPACES BETWEEN POEMS AND MILLIONS OF READERS. IN 2021, THE PROGRAM EXPANDED TO INCLUDE THE WASHINGTON DC AREA METRO SYSTEM AND PATH/PORT AUTHORITY STATIONS IN NEW JERSEY AND NEW YORK. THE PROGRAM SERVES APPROXIMATELY 9 MILLION PEOPLE EACH YEAR. POETRY IN MOTION IS NOW THE CORNERSTONE OF A LARGER ARRAY OF PROGRAMS IN PUBLIC SPACE, INCLUDING PARTNERSHIPS WITH THE NEW YORK BOTANICAL GARDEN AND BLUE BOTTLE COFFEE, AND TEMPORARY PUBLIC ART PROJECTS. THIS PROGRAM AREA ALSO INCLUDES POEMS ON WHEELS, A PARTNERSHIP WITH MEALS ON WHEELS CHAPTERS AROUND THE COUNTRY TO PROVIDE POEMS ALONG WITH NOURISHING MEALS TO HOMEBOUND SENIORS.


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Board, Officers & Key Employees

Name (title)Compensation
Matt Brogan
Executive Director
$110,103
Allison Binns
President
$0
Ellen Rachlin
Treasurer
$0
Karen Karpowich
Secretary
$0
Abigail Wender
First Vice President
$0
Cornelius Eady
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $153,850
All other contributions, gifts, grants, and similar amounts not included above$338,365
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$492,215
Total Program Service Revenue$30,646
Investment income $207,155
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $150
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $8,010
Miscellaneous Revenue$0
Total Revenue $738,176

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Poetry Society Of America has recieved totaling $68,375.

Awarding OrganizationAmount
Leon Lowenstein Foundation Inc

New Haven, CT

PURPOSE: CHARITABLE

$25,000
Taft Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
Lyric Foundation Inc For Traditional Poetry

Los Angeles, CA

PURPOSE: GRANT TO SUPPORT ORGANIZATION'S GENERAL TAX-EXEMPT PURPOSES.

$10,000
Beatrice R And Joseph A Coleman Foundation Inc

New York, NY

PURPOSE: GENERAL USE

$7,700
Just Buffalo Literary Center Inc

Buffalo, NY

PURPOSE: LITNYS ADVANCEMENT

$7,500
Jesse And Dorothy Hartman Foundation

Stamford, CT

PURPOSE: EDUCATION AND PERFORMING ARTS

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,717,236
Earnings$1,214,336
Other Expense$151,776
Ending Balance$4,779,796

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