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 12/2022, Deep Vellum Publishing employed 12 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 12/2022, Deep Vellum Publishing generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 33.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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
SEE SCHEDULE O2022 WAS A YEAR OF INCREDIBLE GROWTH FOR DEEP VELLUM! FOLLOWING THE SUCCESS OF LAST YEAR'S PUBLISHING ENDEAVORS, WE MANAGED TO PUBLISH ANOTHER 52 BOOKS IN 2022, THE SAME NUMBER AS LAST YEAR, BUT WITH EVEN GREATER SUCCESS THIS YEAR, WITH OUR HIGHEST SALES TOTALS AND CRITICAL ATTENTION THAN ANY YEAR YET! MUCH LIKE THE YEARS PRIOR, WE WERE ABLE TO SPOTLIGHT VARIOUS AUTHORS FROM EVERY CORNER OF THE WORLD, INCLUDING BOOKS BY WRITERS FROM 25 DIFFERENT COUNTRIES, INCLUDING UKRAINE, MAURITIUS, MEXICO, BELARUS, NORWAY, CYPRUS, INDIA, AND IRAN, TO NAME A FEW, ALONGSIDE WRITERS FROM DALLAS, ACROSS TEXAS, AND AROUND THE UNITED STATES. OVER THE PAST YEAR WE HAVE BECOME THE LARGEST PUBLISHER OF NEW TRANSLATIONS INTO ENGLISH IN THE WORLD, WITH A CATALOG OF BOOKS BY AUTHORS FROM MORE COUNTRIES (90) WRITING ORIGINALLY IN MORE LANGUAGES (65) THAN ANY OTHER PUBLISHER IN THE HISTORY OF THE ENGLISH LANGUAGE. OF THE 52 BOOKS PUBLISHED IN 2022, 32 ARE NOVELS, 5 ARE STORY COLLECTIONS, 8 ARE BOOKS OF POETRY, 6 ARE WORKS OF VARIOUS TYPES OF NONFICTION, AND 1 WAS OUR VERY FIRST CHILDREN'S BOOK. REGULAR NEW YORK TIMES COVERAGE FEATURED MANY OF OUR BOOKS, AND OFFERED A GLIMPSE ON THE LIVES OF THREE OF OUR CURRENT AND FUTURE AUTHORS AND TRANSLATORS. FROM NIVEN GOVINDEN'S DIARY OF A FILM, OUR FIRST NYT EDITOR'S PICK. IN THE WEEK OF JULY 17, TO OFFERING A FULL-PAGE ARTS SECTION WINDOW IN THE LIFE OF RUSSIAN - BUT UKRANIAN AT HEART - AUTHOR VLADIMIR SOROKIN WHOSE NOVEL, THEIR FOUR HEARTS, WE RELEASED IN APRIL. GREY BEES AND ITS AUTHOR ANDREY KURKOV WERE FEATURED AS THE REVIEW ON THE COVER OF THE NEW YORK TIMES BOOK REVIEW IN MARCH AND AS THE FEATURE ARTICLE OF THE NEW YORK TIMES MAGAZINE IN MAY. UZMA ASLAM KHAN'S THE MIRACULOUS TRUE HISTORY OF NOMI ALI WAS FEATURED AS ONE OF THE NYT'S TOP 10 BOOKS OF HISTORICAL FICTION FOR 2022 AS WELL! IN APRIL, THE NEW YORKER PUBLISHED A FEATURE ARTICLE ON ANDREY KURKOV AND GREY BEES. AT THE END OF THE YEAR, GREY BEES AND ANOTHER DEEP VELLUM BOOK IN TRANSLATION, SOLENOID, BY MIRCEA CARTARESCU AND TRANSLATED FROM ROMANIAN BY SEAN COTTER, WERE LISTED AS TWO OF THE BEST BOOKS OF 2022 BY THE NEW YORKER. SOLENOID WAS ALSO NAMED A FINANCIAL TIMES BEST BOOK OF 2022, AND GREY BEES WAS A BEST BOOK OF 2022 SELECTED BY VARIOUS OUTLETS INCLUDING THE GLOBE & MAIL (CANADA'S MOST WIDELY READ NEWSPAPER), THE SPECTATOR, AND THE CHICAGO PUBLIC LIBRARY! WE WERE ALSO ABLE TO HOST DOZENS OF LITERARY EVENTS IN OUR BOOKSTORE HOME AND ACROSS DALLAS, MANY OF WHICH WERE HYBRIDIZED IN ORDER TO ALLOW FOR IN-PERSON AND VIRTUAL ATTENDANCE. OUR BOOKSTORE IS THE HEART OF OUR ORGANIZATION AND THE CORE OF OUR PROGRAMMING. IT'S THE ONLY PLACE IN THE WORLD WHERE YOU CAN SEE EVERY BOOK WE HAVE EVERY PUBLISHED OUR MAIN PROGRAMMATIC ACTIVITY AND TO US THAT MAKES HAVING OUR OWN STORE VITAL TO EVERYTHING WE DO, TO SHOWCASE THE AUTHORS WHO NEED THEIR VOICES HEARD, WHO NEED TO BE DISCOVERED. EVEN OUR MOST SUPPORTIVE BOOKSTORE PARTNERS ONLY STOCK 10-20 OF OUR TITLES AT ANY GIVEN TIME, BUT WE NOW HAVE OVER 1000 BOOKS IN OUR LIST, AND EVERY SINGLE ONE OF THEM DESERVE TO BE DISCOVERED BY READERS. THIS YEAR IN OUR BOOKSTORE WE HOSTED 40 IN-PERSON EVENTS, THE FIRST PUBLIC EVENTS IN-STORE SINCE THE FIRST WEEK OF MARCH 2020. THESE EVENTS INCLUDED, BUT WERE NOT LIMITED TO, THE DEEP VELLUM ZINE FEST; CHILDREN'S STORY TIMES; NATIONAL BOOK AWARD-WINNER DAVE EGGERS DISCUSSING HIS LATEST NOVEL, THE EVERY, WITH DALLAS WRITER SANDERIA FAYE; OPEN MIC POETRY NIGHTS; SOFAR SOUNDS CONCERTS; BESTSELLING POET RUPI KAUR STOPPING BY AHEAD OF HER SOLD-OUT READING AT THE MAJESTIC THEATRE TO SIGN COPIES OF HER BOOKS; AND BOOK CLUB MEETINGS HOSTED BY DEEP VELLUM STAFF.IN APRIL 2022, JOAQUN ZIHUATANEJO WAS NAMED THE FIRST-EVER DALLAS POET LAUREATE WAS ANNOUNCED, THE CULMINATION OF YEARS OF PLANNING BY DEEP VELLUM, AS WE TEAMED UP WITH THE CITY OF DALLAS OFFICE OF ARTS AND CULTURE AND THE DALLAS PUBLIC LIBRARY TO CREATE THIS NEW POSITION, THE FIRST-EVER AMBASSADOR OF THE LITERARY ARTS OUR CITY HAS EVER HAD. AS DALLAS POET LAUREATE, ZIHUATANEJO PARTICIPATED IN HUNDREDS OF EVENTS THROUGHOUT THE CITY THROUGH 2022, AND HELD OPEN OFFICE HOURS EACH WEEK AT HIS OFFICE IN THE DOWNTOWN MAIN LOCATION OF THE DALLAS PUBLIC LIBRARY, AND HIS FIRST BOOK PUBLISHED WITH DEEP VELLUM AS PART OF THE POSITION WILL BE RELEASED IN EARLY 2024.OUR MOST NOTABLE PROGRAM THIS YEAR OCCURRED IN SEPTEMBER 2022, WHEN DEEP VELLUM PARTNERED WITH D MAGAZINE AND THE COMMUNITIES FOUNDATION OF TEXAS, ALONGSIDE OVER 70 ADDITIONAL COMMUNITY ORGANIZATIONS AND CORPORATIONS, TO RELAUNCH A CITYWIDE BOOK CLUB, BIG D READS. THROUGH THIS PROGRAM, ALONG DOZENS MORE COMMUNITY PARTNERS, WE DISTRIBUTED 30,000 FREE COPIES OF A PAPERBACK EDITION OF THE ACCOMMODATION: THE POLITICS OF RACE IN AN AMERICAN CITY BY JIM SCHUTZE, WHICH WE ORIGINALLY PUBLISHED IN HARDCOVER IN SEPTEMBER 2021, TO HIGH SCHOOL AND COLLEGE STUDENTS, DART TRAIN RIDERS, LIBRARY PATRONS, CHURCH GROUPS, BOOK CLUBS, AND CITIZENS THROUGHOUT DALLAS. IN ADDITION TO GIVING AWAY BOOKS, BIG D READS ORGANIZED AND SPONSORED OVER 200 EVENTS THROUGHOUT DALLAS IN SEPTEMBER AND OCTOBER TO DISCUSS THE ISSUES RAISED BY THE BOOKS, HOW THEY AFFECT THE LIVES OF DALLAS RESIDENTS TODAY, AND HOW CITIZENS COULD COME TOGETHER TO BUILD A BETTER CITY IN THE FUTURE. THIS HAS BEEN THE LARGEST PUBLISHING EVENT IN THE HISTORY OF DALLAS, AND THE MOST IMPACTFUL THAT DEEP VELLUM HAS EXPERIENCED, WITH COMMUNITY MEMBERS AND LEADERS JOINING TOGETHER TO DISCUSS THE LASTING IMPACT OF THE ACCOMMODATION AND THE SOCIAL ISSUES THAT CONTINUE TO FACE THE CITY. ONE OF DEEP VELLUM'S GOALS HAS ALWAYS BEEN TO BRING ATTENTION TO CONTEMPORARY ISSUES THROUGH THE CONTEXT OF VARYING WORKS OF LITERATURE, AND THIS BIG D READS PROGRAM IS A PERFECT EXAMPLE OF DEEP VELLUM'S MISSION IN PRACTICE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Linda Mowl President | OfficerTrustee | 2 | $0 |
Marlo Melucci Vice President | OfficerTrustee | 2 | $0 |
Ron Restrepo Secretary | OfficerTrustee | 2 | $0 |
Heather Flabiano Treasurer | OfficerTrustee | 2 | $0 |
Jerry Hawkins Director | Trustee | 1 | $0 |
Steven Kornajcik Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $33,350 |
All other contributions, gifts, grants, and similar amounts not included above | $621,546 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $654,896 |
Total Program Service Revenue | $22,332 |
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 | $478,061 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,158,801 |
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. | $76,364 |
Compensation of current officers, directors, key employees. | $30,546 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $300,894 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,526 |
Payroll taxes | $30,825 |
Fees for services: Management | $0 |
Fees for services: Legal | $715 |
Fees for services: Accounting | $28,515 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $149,963 |
Advertising and promotion | $12,362 |
Office expenses | $83,025 |
Information technology | $0 |
Royalties | $185,420 |
Occupancy | $45,626 |
Travel | $21,299 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $377 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,560 |
Insurance | $10,856 |
All other expenses | $16,681 |
Total functional expenses | $1,187,802 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,912 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $11,000 |
Accounts receivable, net | $53,713 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $329,387 |
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 | $525,252 |
Total assets | $936,264 |
Accounts payable and accrued expenses | $161,873 |
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 | $194,314 |
Unsecured mortgages and notes payable | $250,000 |
Other liabilities | $0 |
Total liabilities | $606,187 |
Net assets without donor restrictions | $67,577 |
Net assets with donor restrictions | $262,500 |
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 | $936,264 |