The Organization For Transformative Works Inc
- Assets
- $3.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 38-3765024
Organization Overview
The Organization For Transformative Works Inc is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Organization For Transformative Works 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 12/2022, Organization For Transformative Works Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $437.8k during the year ending 12/2022. While expenses have increased by 19.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION FOR TRANSFORMATIVE WORKS (OTW) IS A NON-PROFIT ORGANIZATION RUN BY AND FOR FANS TO PROVIDE ACCESS TO AND PRESERVE THE HISTORY OF FANWORKS AND FAN CULTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARCHIVE OF OUR OWN, THE FLAGSHIP PROGRAM OF OTW, OFFERS A NON-COMMERCIAL AND NON-PROFIT CENTRAL HOSTING PLACE FOR FANWORKS USING OPEN-SOURCE ARCHIVING SOFTWARE. IN 2022, THE ARCHIVE REACHED OVER TEN MILLION HOSTED TRANSFORMATIVE WORKS FROM OVER FIVE MILLION REGISTERED USERS.
THE MISSION OF FANLORE IS TO RECORD THE HISTORY AND THE CURRENT STATE OF FAN COMMUNITIES, SUCH AS FANWORKS, FAN ACTIVITIES, FAN TERMINOLOGY, INDIVIDUAL FANS, AND FANNISH RELATED EVENTS. IN 2022, FANLORE CUMULATIVELY PUBLISHED OVER 60,000 ARTICLES WHICH HAVE UNDERGONE OVER 1,200,000 EDITS BY VOLUNTEERS FROM OUR COMMUNITIES.
TRANSFORMATIVE WORKS AND CULTURES IS A PEER-REVIEWED ACADEMIC JOURNAL THAT SEEKS TO PROMOTE SCHOLARSHIP ON FANWORKS AND PRACTICES. THE JOURNAL PUBLISHED TWO ISSUES IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anh Pham President | Trustee | 5 | $0 |
Zixin Zhang Secretary | OfficerTrustee | 5 | $0 |
Jennifer Haynes Board Member | OfficerTrustee | 5 | $0 |
Kari Dayton Board Member | Trustee | 5 | $0 |
Michelle Schroeder Board Member | Trustee | 5 | $0 |
Katheryn Soderholm Board Member | Trustee | 5 | $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 | $1,012,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,012,647 |
| Total Program Service Revenue | $0 |
| Investment income | $146 |
| 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 | $1,012,980 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,589 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,107 |
| Advertising and promotion | $16,624 |
| Office expenses | $0 |
| Information technology | $182,219 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $143,275 |
| Insurance | $14,095 |
| All other expenses | $0 |
| Total functional expenses | $437,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,757,161 |
| Savings and temporary cash investments | $10,191 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,178 |
| 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 | $46,819 |
| Net Land, buildings, and equipment | $281,007 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,106,356 |
| Accounts payable and accrued expenses | $145 |
| 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 | $145 |
| Net assets without donor restrictions | $3,106,211 |
| 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 | $3,106,356 |