Savannah Book Festival Inc
- Assets
- $612.4k
- Revenue
- $242.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Savannah, GA
- Founding
- 08/2007
- Data as of
- 06/2021
- EIN
- 20-5945596
Organization Overview
Savannah Book Festival Inc is located in Savannah, GA. The organization was established in 2007. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Savannah Book Festival Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Savannah Book Festival 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 06/2021, Savannah Book Festival Inc generated $242.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $190.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 6 years. 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
THE SAVANNAH BOOK FESTIVAL IS AN ANNUAL EVENT, FREE AND OPEN TO THE PUBLIC, IN CELEBRATION OF THE WRITTEN WORK AND ITS ROLE IN IMPROVING THE HUMAN EXPERIENCE. OUR MISSION IS TO PROMOTE READING, WRITING, AND CIVIL CONVERSATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LITERARY FESTIVAL HELD EACH FEBRUARY IN SAVANNAH THAT FEATURES AUTHORS AND EDUCATIONAL EVENTS. THE FESTIVAL IS A FUN, INFORMATIVE, AND ENTERTAINING THREE-DAY EVENT IN FEBRUARY EACH YEAR THAT CELEBRATES BOOKS AND THE WRITTEN WORD. THE 2017 FESTIVAL ATTRACTED OVER 10,000 ATTENDEES. OVER FORTY BEST SELLING AUTHORS FROM AROUND THE COUNTRY COME TO SAVANNAH TO SHOWCASE THEIR WORK TO AUDIENCES OF BOOK LOVERS. THE AUTHORS PERFORM COMMUNITY OUTREACH BY PRESENTING THEIR WORK TO STUDENTS IN THE LOCAL HIGH SCHOOLS, COLLEGES, AND UNIVERSITIES. OVER 240 INDIVIDUALS FROM THE COMMUNITY VOLUNTEER THEIR TIME TO MAKE THE FESTIVAL A SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Dongre Executive Di | Officer | 40 | $56,000 |
Carter Eagle Secretary | OfficerTrustee | 1 | $0 |
Ivy Council Vice-Preside | OfficerTrustee | 1 | $0 |
Beau Anders President | OfficerTrustee | 1 | $0 |
Bob Zerbe Treasurer | OfficerTrustee | 1 | $0 |
Rachel Young Fields Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $28,138 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $31,120 |
| All other contributions, gifts, grants, and similar amounts not included above | $156,599 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $215,857 |
| Total Program Service Revenue | $7,373 |
| Investment income | $10,394 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,421 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $242,945 |
| 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. | $56,000 |
| Compensation of current officers, directors, key employees. | $8,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,385 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,680 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,747 |
| Advertising and promotion | $13,467 |
| Office expenses | $1,711 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,953 |
| Travel | $38 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $223 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,473 |
| All other expenses | $5,441 |
| Total functional expenses | $190,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,657 |
| Savings and temporary cash investments | $4,967 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $470,737 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $612,361 |
| Accounts payable and accrued expenses | $5,418 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| 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 | $23,648 |
| Other liabilities | $2,523 |
| Total liabilities | $36,589 |
| Net assets without donor restrictions | $575,772 |
| Net assets with donor restrictions | $0 |
| 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 | $612,361 |
Grants Awarded
Over the last fiscal year, Savannah Book Festival Inc has awarded $13,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Savannah, GA PURPOSE: LITERACY DEVELOPMENT | $6,500 |
Savannah, GA PURPOSE: LITERACY DEVELOPMENT | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Savannah Book Festival Inc has recieved totaling $26,387.
| Awarding Organization | Amount |
|---|---|
Philip E And Nancy B Beekman Foundation Inc Zionsville, IN PURPOSE: REGULAR DONATION | $13,783 |
The Savannah Community Foundation Inc Savannah, GA PURPOSE: FINANCIAL SUPPORT | $5,500 |
Zerbe Family Foundation Ann Arbor, MI PURPOSE: CHARITABLE | $5,000 |
Walter O Evans Foundation For Art And Literature Savannah, GA PURPOSE: FURTHER THE ORG'S EXEMPT PURPOSE | $1,500 |
Brenneman Family Charitable Foundation Inc Savannah, GA PURPOSE: CELEBRATES LOCAL AUTHORS | $450 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $154 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fair Fight Action Inc Atlanta, GA | $4,976,834 | $29,928,008 |
South Carolina Connections Academy Inc Columbia, SC | $14,632,201 | $47,709,935 |
South Carolina Learns Greenville, SC | $20,739,195 | $35,702,373 |
South Carolina Virtual Charter School West Columbia, SC | $14,646,057 | $37,851,009 |
Plato Academy Schools Corporation Clearwater, FL | $134,350,424 | $31,890,679 |
Early Learning Coalition Of Northwest Florida Inc Marianna, FL | $3,346,474 | $28,789,946 |
Early Learning Coalition Of Osceola County Inc Kissimmee, FL | $3,012,946 | $27,905,401 |
Faculty Associates Incorporated Gainesville, FL | $18,354,841 | $24,140,038 |
Landmark Christian School Fairburn, GA | $28,586,929 | $25,037,540 |
Georgia Advanced Technology Ventures Inc Atlanta, GA | $206,195,666 | $20,980,407 |
North Raleigh Christian Academy Raleigh, NC | $50,620,236 | $15,888,714 |
Galileo School Foundation Inc Sanford, FL | $34,481,901 | $12,247,750 |