Deep Vellum Publishing is located in Dallas, TX. The organization was established in 2015. 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, Deep Vellum Publishing employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deep Vellum Publishing 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, Deep Vellum Publishing generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 37.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING THE WORLD INTO CONVERSATION THROUGH LITERATURE BY PUBLISHING UNDERREPRESENTED, MARGINALIZED, AND VITAL LITERARY VOICES, WHILE BUILDING A MORE VIBRANT LITERARY COMMUNITY IN DALLAS AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, DEEP VELLUM FULFILLED OUR MOST ROBUST PUBLISHING SCHEDULE TO DATE INCLUDING 30 TRANSLATIONS AND 20 ENGLISH-ORIGINAL WORKS ACROSS FIVE EDITORIAL IMPRINTS, INCLUDING THE FIRST BOOKS PUBLISHED AFTER DALKEY ARCHIVE PRESS BECAME PART OF DEEP VELLUM. THESE BOOKS SPANNED VARIOUS GENRESINCLUDING POETRY, FICTION, NONFICTION, MEMOIR, AND OUR FIRST EVER PLAYAND SUBJECT MATTERS, TACKLING MANY CONTEMPORARY THEMES THAT RESONATE WITH OUR READERSHIP. WE WERE ABLE TO SPOTLIGHT STORIES FROM DALLAS THROUGH WORKS SUCH AS PENNY CANDY: A CONFECTION BY THE FIRST-EVER DALLAS THEATER CENTER PLAYWRIGHT-IN-RESIDENCE, JONATHAN NORTON; LEGENDARY PORTUGUESE WRITER ANTONIO LOBO ANTUNESS WARNING TO THE CROCODILES, AND A REPRINT OF THE MOST DANGEROUS BOOK IN DALLAS, THE ACCOMMODATION: THE POLITICS OF RACE IN AN AMERICAN CITY BY JIM SCHUTZE, WHILE ALSO BRINGING AUTHORS FROM AROUND THE WORLD READERS FROM OUR HOMEBASE IN DALLAS. SOME OF OUR MOST NOTABLE TRANSLATIONS THIS YEAR INCLUDE RAISED BY WOLVES: POEMS AND CONVERSATIONS BY TAIWANESE POET AND FILMMAKER AMANG, WINNER OF THE PEN TRANSLATION PRIZE FOR POETRY; FEM BY MAGDA CARNECI FROM ROMANIA, SHORTLISTED FOR THE PEN TRANSLATION PRIZE FOR FICTION; AND WINTER PHOENIX, THE DEBUT BOOK BY VIETNAMESE-AMERICAN POET SOPHIA TERAZAWA, SHORTLISTED FOR THE CLMP FIRECRACKER AWARD FOR POETRY.IN ORDER TO FULFILL OUR MISSION OF BEGINNING THE WORLD INTO CONVERSATION THROUGH LITERATURE, WE AIM TO HOLD EVENTS PUTTING LITERATURE AT THE FOREFRONT SO THAT WE MAY CONNECT READERS AND WRITERS MORE INTIMATELY, BOTH ON THE PAGE AND THROUGH DISCUSSION-DRIVEN EVENTS IN PERSON AND VIRTUAL. OUR MOST NOTABLE AUTHOR DISCUSSION IN 2021 WAS ON SEPTEMBER 14TH AT THE PITTMAN HOTEL IN DALLAS. DEEP VELLUM HELD A LAUNCH EVENT CELEBRATING THE RELAUNCH OF THE ACCOMMODATION. FOR THIS EVENT, WE INVITED 150 INFLUENTIAL MEMBERS OF THE DALLAS COMMUNITY TO HEAR A CONVERSATION BETWEEN AUTHOR JIM SCHUTZE AND DALLAS COUNTY COMMISSIONER JOHN WILEY PRICE, WHO WROTE THE FOREWORD TO THE BOOK. DEEP VELLUM HAS ALSO MADE EFFORTS IN THE PAST YEAR TO EXPAND THE LITERARY COMMUNITY IN DALLAS AND ENGAGE WITH THE WIDER ARTS AND CULTURE COMMUNITY, INCLUDING HOSTING DOZENS OF EVENTS WITH AUTHORS, INCLUDING MULTIPLE BOOK CLUBS. THE DEEP VELLUM ZINE FEST WAS HELD ON OCTOBER 10TH TO ENCOURAGE LOCAL ARTISTS TO DISPLAY THEIR WORK, AND MEMBERS OF THE COMMUNITY WERE ABLE TO PATRONIZE AND SPOTLIGHT THESE ARTISTS, WITH APPROXIMATELY 250 ATTENDEES.THE ACQUISITION OF DALKEY ARCHIVE PRESS ("DAP") BROUGHT APPROXIMATELY 900 BACKLIST TITLES, INCLUDING 3 NOBEL PRIZE WINNERS, INTO DEEP VELLUMS LIST OF PUBLISHED BOOKS, TO KEEP THE MISSION OF STRUGGLING DAP GOING TO PUBLISH THE WORLDS GREATEST LITERATURE AND TO KEEP THESE WORKS IN PRINT FOR READERS TO DISCOVER AND ENJOY THROUGH THE YEARS. THIS ACQUISITION BROUGHT DEEP VELLUMS LIST OF BOOKS IN PRINT ACROSS ITS FIVE IMPRINTS TO 1,000 INDIVIDUAL TITLES, ORIGINALLY WRITTEN IN 60 LANGUAGES, BY RENOWNED AND DEBUT AUTHORS ALIKE FROM OVER 80 COUNTRIES. DEEP VELLUMS STAFF GREW ACCORDINGLY TO MATCH THIS INCREASE IN PRODUCTION, TITLE MANAGEMENT, AND PROGRAMMING TO PROMOTE THESE TITLES. THE INTEGRATION OF DAP IS ONGOING, AND THE IMPRINT WILL BE PROPERLY RELAUNCHED IN 2022 AS A FRONTLIST PUBLISHING SEASON WITH DEEP VELLUMS DISTRIBUTOR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Will Evans Executive Dir. | Officer | 40 | $39,233 |
Steven Kornajcik President | OfficerTrustee | 2 | $0 |
Linda Mowl Vice President | OfficerTrustee | 2 | $0 |
Joel Garza Secretary | OfficerTrustee | 2 | $0 |
Valerie Boyd Treasurer | OfficerTrustee | 2 | $0 |
Jhubin Moghaddamfar Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $7,833 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $76,092 |
All other contributions, gifts, grants, and similar amounts not included above | $661,446 |
Noncash contributions included in lines 1a–1f | $249,129 |
Total Revenue from Contributions, Gifts, Grants & Similar | $745,371 |
Total Program Service Revenue | $8,488 |
Investment income | $0 |
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 | $364,972 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,118,831 |
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. | $53,010 |
Compensation of current officers, directors, key employees. | $10,602 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $179,779 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,669 |
Payroll taxes | $16,468 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,932 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $91,166 |
Advertising and promotion | $34,883 |
Office expenses | $14,920 |
Information technology | $0 |
Royalties | $286,315 |
Occupancy | $25,327 |
Travel | $3,103 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $370 |
Interest | $4,690 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,560 |
Insurance | $9,011 |
All other expenses | $2,322 |
Total functional expenses | $1,088,698 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $153,560 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $15,000 |
Accounts receivable, net | $53,951 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $281,507 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $423,847 |
Total assets | $927,865 |
Accounts payable and accrued expenses | $90,548 |
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 | $156,512 |
Unsecured mortgages and notes payable | $300,542 |
Other liabilities | $0 |
Total liabilities | $547,602 |
Net assets without donor restrictions | $305,963 |
Net assets with donor restrictions | $74,300 |
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 | $927,865 |
Over the last fiscal year, we have identified 7 grants that Deep Vellum Publishing has recieved totaling $352,610.
Awarding Organization | Amount |
---|---|
George And Fay Young Foundation Inc Dallas, TX PURPOSE: GENERAL | $150,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $134,083 |
Addy Foundation Dallas, TX PURPOSE: EDUCATION | $25,000 |
Lesley Family Foundation Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $25,000 |
Summerlee Foundation Dallas, TX PURPOSE: GENERAL SUPPORT | $10,000 |
Organization Name not Listed PURPOSE: GENERAL SUPPORT | | $8,500 |
Organization Name | Assets | Revenue |
---|---|---|
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 |
San Antonio Report San Antonio, TX | $504,406 | $2,163,484 |
The Texas Democracy Foundation Austin, TX | $1,291,717 | $1,907,878 |
Oxford American Literary Project Inc Little Rock, AR | $826,347 | $1,575,021 |
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 |
Christian Chronicle Corporation Oklahoma City, OK | $2,045,077 | $1,297,343 |
Deep Vellum Publishing Dallas, TX | $927,865 | $1,118,831 |
Land Grant University Tax Education Foundation Inc College Station, TX | $503,284 | $859,742 |