Radius Books Inc
- Assets
- $4.5m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 7
- Location
- Santa Fe, NM
- Founding
- 10/2009
- Data as of
- 12/2021
- EIN
- 14-1997383
Organization Overview
Radius Books Inc is located in Santa Fe, NM. The organization was established in 2009. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Radius Books Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Radius Books 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 12/2021, Radius Books Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.5% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 22.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE PROJECTS AND EVENTS OF ARTISTIC AND CULTURAL VALUE FOR A WIDE AUDIENCE. THE ORGANIZATION'S PROJECTS INCLUDE LECTURES, WORKSHOPS, AND BOOKS THAT ARE DISTINGUISHED IN THEIR FORM AND CONTENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RADIUS BOOKS IS A SANTA FE BASED NONPROFIT ORGANIZATION WHOSE GOAL IS TO MAKE A LASTING IMPACT THROUGH OUR PUBLISHING AND DONATION PROGRAMS. SINCE ITS FOUNDING IN 2007, THE ORGANIZATION HAS PRODUCED OVER 170 TITLES AND DONATED OVER 80,000 BOOKS TO LIBRARIES, SCHOOLS AND ART PROGRAMS IN ALL 50 STATES. THE DONATION PROGRAM AIMS TO BRING DIVERSE ARTISTIC VISIONS AND VOICES INTO THE HANDS OF AS MANY PEOPLE AS POSSIBLE, PARTICULARLY STUDENTS AND YOUNG ADULTS. TWICE A YEAR, IN THE SPRING AND FALL, LOCAL STUDENTS AND MEMBERS OF THE WIDER SANTA FE COMMUNITY JOIN THE ORGANIZATION IN ITS EFFORTS TO PACK AND SHIP OVER 300 BOXES OF RECENT TITLES. ON AVERAGE, RADIUS DONATES 5,000 TO 6,000 BOOKS EACH YEAR, WITH AN AVERAGE UNIT COST (PRODUCTION COST) OF 30 PER BOOK, AND AN AVERAGE LIST PRICE (RETAIL VALUE) OF 60 PER BOOK, WITH AN OVERALL ESTIMATED RETAIL VALUE OF 360,000. IN ADDITION TO DONATING FREE OF CHARGE ABOUT 20% OF EVERY PRINT RUN, RADIUS MAKES THE LIST PRICE BELOW MARKET STANDARD, SO ALL CUSTOMERS CAN ALSO BENEFIT FROM ITS NON-PROFIT STATUS. WITH THAT IN MIND, THE ORGANIZATION'S LIST PRICES USUALLY RANGE FROM 40 TO 65, WHEREAS BOOKS OF THIS PRODUCTION QUALITY USUALLY RETAIL ANYWHERE FROM 65 TO 150.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Chickey Exec Directo | OfficerTrustee | 40 | $62,000 |
David Arment Secretary | OfficerTrustee | 3 | $0 |
Trey Jordan Director | Trustee | 2 | $0 |
Christie Davis Director | Trustee | 1 | $0 |
Darius Himes Director | Trustee | 1 | $0 |
Margot Anne Kelley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,363,102 |
| Noncash contributions included in lines 1a–1f | $200,146 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,363,102 |
| Total Program Service Revenue | $0 |
| Investment income | $13 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $311,334 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,674,449 |
| 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. | $62,000 |
| Compensation of current officers, directors, key employees. | $6,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $183,562 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,239 |
| Payroll taxes | $16,216 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,529 |
| Fees for services: Other | $39,051 |
| Advertising and promotion | $13,767 |
| Office expenses | $12,837 |
| Information technology | $15,207 |
| Royalties | $0 |
| Occupancy | $30,591 |
| Travel | $106,775 |
| 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 | $3,483 |
| Insurance | $0 |
| All other expenses | $17,841 |
| Total functional expenses | $1,259,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $609,194 |
| Savings and temporary cash investments | $116,133 |
| Pledges and grants receivable | $940,000 |
| Accounts receivable, net | $136,194 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $985,335 |
| Prepaid expenses and deferred charges | $4,619 |
| Net Land, buildings, and equipment | $9,989 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,173 |
| Other assets | $1,729,960 |
| Total assets | $4,533,597 |
| Accounts payable and accrued expenses | $230,213 |
| Grants payable | $0 |
| Deferred revenue | $69,262 |
| 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 | $0 |
| Total liabilities | $299,475 |
| Net assets without donor restrictions | $2,822,205 |
| Net assets with donor restrictions | $1,411,917 |
| 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 | $4,533,597 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Radius Books Inc has recieved totaling $400,702.
| Awarding Organization | Amount |
|---|---|
Lannan Foundation Santa Fe, NM PURPOSE: $55K FOR VALDEZ PROJECT & $68K FOR RED STAR PROJECT | $123,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $70,000 |
K2 Fam Foundation Port Clyde, ME PURPOSE: GENERAL | $50,000 |
Eugene V And Clare Thaw Charitable Trust Santa Fe, NM PURPOSE: DIRECTOR'S DISCRETIONARY FUND | $50,000 |
Carl And Marilynn Thoma Art Foundation Santa Fe, NM PURPOSE: GENERAL SUPPORT | $50,000 |
The Murthynayak Foundation Inc Lutherville, MD PURPOSE: GENERAL SUPPORT | $15,671 |
Endowment Analysis
| Beg. Balance | $1,109,651 |
| Earnings | $233,307 |
| Admin Expense | $11,528 |
| Net Contributions | $489,146 |
| Other Expense | $90,616 |
| Ending Balance | $1,729,960 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Salt Lake Tribune Inc Salt Lake City, UT | $2,029,501 | $5,870,446 |
Epochtimes Public Media Inc Houston, TX | $307,327 | $4,904,097 |
Southern Newspapers Inc Media Employeess Medical Plan Trust Houston, TX | $197,466 | $3,542,295 |
International Newspaper Marketing Assoc Dallas, TX | $1,983,312 | $3,083,139 |
Wild Earth Society Incorporated Salt Lake City, UT | $2,375,394 | $2,902,540 |
San Antonio Report San Antonio, TX | $504,406 | $2,163,484 |
The Texas Democracy Foundation Austin, TX | $1,291,717 | $1,907,878 |
Odyssey Dance Theatre Salt Lake City, UT | $553,353 | $2,315,359 |
University Press Of Colorado Denver, CO | $1,480,778 | $1,794,065 |
Radius Books Inc Santa Fe, NM | $4,533,597 | $2,674,449 |
Texas Conservative Coalition Research Institute Austin, TX | $668,794 | $1,384,176 |
Native American Journalists Association Norman, OK | $1,160,008 | $1,560,878 |