An Open Book Foundation is located in Washington, DC. The organization was established in 2011. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, An Open Book Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. An Open Book Foundation 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 06/2023, An Open Book Foundation generated $642.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $697.6k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AN OPEN BOOK FOUNDATION CONNECTS WASHINGTON, DC-AREA STUDENTS WITH AUTHORS, ILLUSTRATORS, AND THEIR BOOKS TO NURTURE A LIFELONG LOVE OF READING. WE SUPPORT EDUCATIONAL JUSTICE BY BUILDING EQUITABLE ACCESS TO INTERACTIVE LITERACY ENRICHMENT AND HIGH-QUALITY BOOKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN OPEN BOOK FOUNDATION'S MISSION IS TO CONNECT WASHINGTON, DC-AREA STUDENTS WITH AUTHORS, ILLUSTRATORS, AND THEIR BOOKS TO NURTURE A LIFELONG LOVE OF READING. WE SUPPORT EDUCATIONAL JUSTICE BY BUILDING EQUITABLE ACCESS TO INTERACTIVE LITERACY ENRICHMENT AND HIGH-QUALITY BOOKS. OUR VISION IS THAT CHILDREN SEE THEMSELVES AS READERS, WHO USE THEIR WRITTEN AND VISUAL LITERACY SKILLS TO NAVIGATE A COMPLEX WORLD AND DEFINE THEIR OWN FUTURES. AOB PARTNERS WITH TITLE 1 SCHOOLS IN THE DC METRO AREA: WARDS 1,2,4,5,6,7,8 IN DC; MONTGOMERY COUNTY AND PRINCE GEORGE'S COUNTY, MD; AND ALEXANDRIA CITY AND FAIRFAX COUNTY, VA. BECAUSE WE WORK IN MULTIPLE JURISDICTIONS, WE ALSO CONSIDER OTHER DATA POINTS TO DETERMINE ELIGIBILITY. DUE TO A LONG HISTORY OF DISCRIMINATORY POLICIES IN OUR COUNTRY, STUDENTS AT THE SCHOOLS WE SERVE ARE PREDOMINANTLY BLACK, INDIGENOUS, AND PEOPLE OF COLOR. NOT ONLY DO AOB'S LITERACY PROGRAMS ADDRESS THESE DISPARITIES, BUT THEY ALSO INFUSE JOY IN THE STUDENTS, EDUCATORS, AND AUTHORS WHO EXPERIENCE THEM. AUTHORS AND ILLUSTRATORS PRESENT ENGAGING BOOK TALKS AND INTERACTIVE WRITING AND DRAWING DEMONSTRATIONS AND AOB GIVES EVERY STUDENT ATTENDING THE EVENT A COPY OF THE AUTHOR'S BOOK TO ADD TO THEIR HOME LIBRARY. SCHOOL AND CLASSROOM LIBRARIES RECEIVE A SET OF THE AUTHOR'S TITLES. SINCE OUR FIRST EVENT IN 2010, WE HAVE GIVEN OVER 125,000 BOOKS TO STUDENTS AND SCHOOLS AT NEARLY 1,400 SCHOOL VISITS WHERE AUTHORS AND ILLUSTRATORS MADE NEARLY 2,500 PRESENTATIONS. DURING PRESENTATIONS, AUTHORS INTERACT WITH CLASSES; WHILE SIGNING STUDENTS' BOOKS AUTHORS ENGAGE IN ONE-ON-ONE CONVERSATIONS WITH EACH STUDENT. THESE TALENTED AUTHORS AND ILLUSTRATORS DONATE THEIR TIME TO PROVIDE DYNAMIC, INTERACTIVE EXPERIENCES INCLUDING WRITING WORKSHOPS, READ-ALOUDS, AND LITERACY-BASED ART PROJECTS. MEETING PROFESSIONAL BOOK CREATORS CAN INTRODUCE STUDENTS TO A FUTURE CAREER PATH THEY MAY NOT HAVE OTHERWISE CONSIDERED. STUDENTS CAN IMAGINE THEMSELVES AS WRITERS OR ARTISTS WHEN THEY MEET AUTHORS AND ILLUSTRATORS WHO SHARE THEIR LIFE EXPERIENCE OR CULTURE. FURTHERMORE, WITH THE ADDITION OF BOOKS TO HOMES AND SCHOOLS, LIBRARY CIRCULATION INCREASES, HOME LIBRARIES EXPAND, AND STUDENTS' ENTHUSIASM GROWS. IN ADDITION TO OUR FLAGSHIP AUTHOR AND ILLUSTRATOR SCHOOL VISITS PROGRAM, AN OPEN BOOK OFFERS SEVERAL OTHER PROGRAMS: -NEW AND EMERGING ARTISTS OF COLOR - AMPLIFYING THE CREATIVE VOICES OF DEBUT BIPOC AUTHORS/ILLUSTRATORS.-ARTIST-IN-RESIDENCE - MULTI-SESSION VISUAL ART LESSONS.-STEM RESIDENCE - MULTI-SESSION LESSONS EXPLORING STEM-RELATED SKILLS AND CONCEPTS.-EXTENSION ACTIVITIES - FOLLOW-UP EVENTS THAT DEEPEN STUDENTS' EXPERIENCES WITH THE BOOKS THEY RECEIVE.-COHORT INITIATIVE - OFFERS OUR FULL RANGE OF PROGRAMMING ACROSS THE ELEMENTARY SCHOOL CAREER OF AN ENTIRE GRADE AT SELECTED SCHOOLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carolyn Vinson Bou Board Chair | OfficerTrustee | 2 | $0 |
Hope Harrod Board Vice Chair | OfficerTrustee | 2 | $0 |
Deborah Litt Secretary | OfficerTrustee | 2 | $0 |
Deep Master Treasurer | OfficerTrustee | 2 | $0 |
Drew Ades Director | Trustee | 2 | $0 |
Michelle Edwards Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $250,683 |
All other contributions, gifts, grants, and similar amounts not included above | $380,457 |
Noncash contributions included in lines 1a–1f | $26,638 |
Total Revenue from Contributions, Gifts, Grants & Similar | $631,140 |
Total Program Service Revenue | $0 |
Investment income | $11,081 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $642,221 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $13,550 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $74,510 |
Compensation of current officers, directors, key employees. | $2,019 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $335,911 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,474 |
Payroll taxes | $34,064 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,415 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $23,767 |
Advertising and promotion | $1,712 |
Office expenses | $8,917 |
Information technology | $8,725 |
Royalties | $0 |
Occupancy | $33,689 |
Travel | $9,391 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,532 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,735 |
All other expenses | $0 |
Total functional expenses | $697,605 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $248 |
Savings and temporary cash investments | $76,252 |
Pledges and grants receivable | $12,460 |
Accounts receivable, net | $2,000 |
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 | $404,722 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,500 |
Total assets | $498,182 |
Accounts payable and accrued expenses | $8,235 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $8,235 |
Net assets without donor restrictions | $191,179 |
Net assets with donor restrictions | $298,768 |
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 | $498,182 |