Radius Books Inc

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.

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)Compensation
David Chickey
Exec Directo
$62,000
David Arment
Secretary
$0
Trey Jordan
Director
$0
Christie Davis
Director
$0
Darius Himes
Director
$0
Margot Anne Kelley
Director
$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

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Radius Books Inc has recieved totaling $400,702.

Awarding OrganizationAmount
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
View Grant Recipient Profile

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

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