Council Of Literary Magazines And Presses
- Assets
- $859.6k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 09/1967
- Data as of
- 06/2021
- EIN
- 52-6074500
Organization Overview
Council Of Literary Magazines And Presses, operating under the name Community Of Literary Magazines And Presses, is located in New York, NY. The organization was established in 1967. 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 06/2021, Community Of Literary Magazines And Presses employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Of Literary Magazines And Presses 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, Community Of Literary Magazines And Presses generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.8% each year . All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 29.3% 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
CLMP PROVIDES TECHNICAL ASSISTANCE TO THE COMMUNITY OF INDEPENDENT LITERARY PUBLISHERS AND ADVOCATES ON THEIR BEHALF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL ASSISTANCE TO INDEPENDENT LITERARY PUBLISHERS: PROVIDING TECHNICAL ASSISTANCE TO INDEPENDENT LITERARY PUBLISHERS IS OUR CORE PROGRAM. IT INCLUDES SEVERAL REGRANT PROGRAMS, ONEONONE MEETINGS WITH PUBLISHERS TO HELP WITH THINGS INCLUDING MARKETING, FUNDRAISING, AND OTHER PUBLISHING AND NONPROFIT ISSUES, A REGULAR SERIES OF VIRTUAL AND LIVE ROUNDTABLES, A SERIES OF TECHNICAL ASSISTANCE PUBLICATIONS AND PRODUCTS, AND A MARKETING PROGRAM TO ENCOURAGE THE USE OF LITERARY JOURNALS IN COURSE CURRICULA. CLMP'S TECHNICAL ASSISTANCE PROGRAM SERVES MORE THAN 500 SMALL PUBLISHERS ANNUALLY.
PUBLIC PROGRAMS: CLMP'S PUBLIC PROGRAMS INCLUDE AN ANNUAL LITERARY WRITERS CONFERENCE, NATIONAL SMALL PRESS AND LITERARY MAGAZINE FAIRS(MANY INCLUDING READINGS AND PANEL DISCUSSIONS),AND READING/DISCUSSION EVENTS SUCH AS THE "PERIODICALLY SPEAKING" SERIES AT THE NEW YORK PUBLIC LIBRARY. MANY OF THESE PROGRAMS ARE THEN MADE AVAILABLE TO A LARGER PUBLIC THROUGH THE WEB, IN WRITTEN DOCUMENTS AND IN AUDIO/VIDEO ARCHIVES.
MEMBERSHIP SERVICES: CLMP PROVIDES SERVICES TO MORE THAN 500 INDEPENDENT LITERARY PUBLISHERS. WE CONDUCT AN ANNUAL CONFERENCE,MODERATE AND ARCHIVE THREE LISTSERVES, COMPILE AN ANNUAL DIRECTORY OF INDEPENDENT LITERARY PUBLISHERS AND WORK TO COORDINATE PUBLISHERS TO SHARE RESOURCES, NETWORK,AND COME TOGETHER AS A SINGLE COMMUNITY SERVING LITERATURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Gannon Executive Dir. | Officer | 40 | $96,552 |
Nicole Dewey Co-Chair | OfficerTrustee | 1 | $0 |
Gerald Howard Co-Chair | OfficerTrustee | 1 | $0 |
Ellis B Levine ESQ Treasurer | OfficerTrustee | 1 | $0 |
Kathryn Court Secretary | OfficerTrustee | 1 | $0 |
Jarrod Annis Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $48,380 |
| Related organizations | $0 |
| Government grants | $272,160 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,850,455 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,170,995 |
| Total Program Service Revenue | $124,345 |
| Investment income | $125 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,528 |
| 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 | $2,321,993 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,377,987 |
| 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. | $118,735 |
| Compensation of current officers, directors, key employees. | $17,810 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,516 |
| Pension plan accruals and contributions | $1,663 |
| Other employee benefits | $23,820 |
| Payroll taxes | $16,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,057 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,812 |
| Advertising and promotion | $0 |
| Office expenses | $2,333 |
| Information technology | $29,429 |
| Royalties | $0 |
| Occupancy | $28,405 |
| 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 | $0 |
| Insurance | $3,534 |
| All other expenses | $0 |
| Total functional expenses | $1,807,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $673,484 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $180,030 |
| Accounts receivable, net | $1,082 |
| 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 | $3,011 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,033 |
| Total assets | $859,640 |
| Accounts payable and accrued expenses | $32,895 |
| Grants payable | $0 |
| Deferred revenue | $52,980 |
| 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 | $38,907 |
| Other liabilities | $4,217 |
| Total liabilities | $128,999 |
| Net assets without donor restrictions | $574,721 |
| Net assets with donor restrictions | $155,920 |
| 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 | $859,640 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Council Of Literary Magazines And Presses has recieved totaling $2,888,500.
| Awarding Organization | Amount |
|---|---|
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT THE LITERARY ARTS EMERGENCY FUND | $1,778,500 |
Hawthornden Literary Retreat Pittsburgh, PA PURPOSE: EXPAND REGRANTS PROGRAM BY PROVIDING FUNDS TO LITERARY MAGAZINES AND PRESSES TO SUPPORT PROJECTS THAT BUILD THEIR ORGANIZATIONAL CAPACITY, THEREBY SECURING THEIR FUTURE,AUGMENT COLLECTION OF DIGITAL OFFERING TO COMPLEMENT REGRANTS PROGRAM, PROVIDING PUBLISHERS WITH THE RESOURCES THEY NEED TO THRIVE IN A COMPLEX, INCREASINGLY COMMERCIAL MARKETPLACE; ANDADD CASH PRIZES TO THE FIRECRACKER AWARDS, RAISING THE VISIBILITY OF THIS SINGULAR PROGRAM AND SHINING A BRIGHTER LIGHT ON THOSE PUBLISHERS THAT SERVE AS MODELS FOR EXCELLENCE IN THEIR PUBLISHING PRACTICES. | $1,100,000 |
Just Buffalo Literary Center Inc Buffalo, NY PURPOSE: LITNYS ADVANCEMENT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Technology Review Inc Cambridge, MA | $6,822,000 | $19,424,000 |
Project Veritas Mamaroneck, NY | $11,883,753 | $22,034,786 |
Journal Of Bone And Joint Surgery Inc Needham, MA | $35,717,891 | $10,120,492 |
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
Retro Report Inc Mystic, CT | $1,128,827 | $6,590,447 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
National Braille Press Inc Boston, MA | $10,542,006 | $5,176,920 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |
University Of Pennsylvania Press Incorporated Philadelphia, PA | $1,805,477 | $4,286,513 |
Harvard Magazine Incorporated Cambridge, MA | $2,271,377 | $3,610,627 |
American Booksellers Assoc Inc White Plains, NY | $43,213,298 | $1,963,902 |