The Book Arts Press Inc, operating under the name Rare Book School, is located in Charlottesville, VA. The organization was established in 2001. 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 09/2022, Rare Book School employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rare Book School 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 09/2022, Rare Book School generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $2.5m during the year ending 09/2022. While expenses have increased by 4.2% 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
ADVOCACY, EDUCATION AND OUTREACH FOR THE STUDY OF THE HISTORY OF BOOKS, PRINTING, & RELATED FIELDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
RARE BOOK SCHOOL ANNUALLY OFFERS APPROXIMATELY 40 WEEK-LONG COURSES IN THE STUDY, CARE, AND USES OF MANUSCRIPTS, PRINTED, AND BORN-DIGITAL MATERIALS. RBS OFFERED FOR THE FIRST TIME IN 2022 A FULL ROSTER OF COURSES BOTH ONLINE AND IN-PERSON. IN FISCAL YEAR 2022, MORE THAN 530 STUDENTS TOOK 39 COURSES OFFERED ONLINE OR IN PERSON IN CHARLOTTESVILLE OR AT A PARTNER INSTITUTION, ENGAGING IN COURSE DISCUSSIONS, LECTURES, AND RECEPTIONS ACROSS A DIGITAL PLATFORM. IN A TYPICAL YEAR, LIBRARIANS, SCHOLARS, CONSERVATORS, BOOK DEALERS, STUDENTS, COLLECTORS, AND EDUCATORS STUDIED TOPICS THAT RANGED FROM MEDIEVAL MANUSCRIPTS TO BOOKBINDING TO BORN-DIGITAL MATERIALS AND TEXTUAL ENCODING. RARE BOOK SCHOOL ALSO PROVIDES AN ONGOING SERIES OF WIDELY ADVERTISED, FREE PUBLIC LECTURES (BOTH DURING SCHOOL SESSIONS AND AT OTHER TIMES DURING THE YEAR) ON A WIDE VARIETY OF BIBLIOGRAPHICAL AND BOOK-HISTORICAL TOPICS. TO DATE, THE SCHOOL HAS PRESENTED MORE THAN 600 LECTURES, MANY OF WHICH ARE AVAILABLE FOR AUDIT STREAMING ON ITUNES OR OTHER PODCAST APPS (BY SEARCHING FOR "RARE BOOK SCHOOL").
RARE BOOK SCHOOL (RBS) OWNS A TEACHING COLLECTION OF MORE THAN 100,000 ITEMS ACQUIRED FOR THE PURPOSE OF BIBLIOGRAPHICAL INSTRUCTION. THE COLLECTION IS DESIGNED AS A TEACHING LABORATORY, NOT AS A LIBRARY. A SUBSTANTIAL NUMBER OF THE SCHOOL'S HOLDINGS WERE PURCHASED FOR LESS THAN $75 PER ITEM, OR WERE RECEIVED AS GIFTS (E.G., AS DUPLICATE OR DISCARDED BOOKS FROM LIBRARIES; AS DONATIONS FROM ANTIQUARIAN BOOKSELLERS; AS CONTRIBUTIONS FROM FORMER STUDENTS; &C.).WHAT SETS RARE BOOK SCHOOL APART FROM OTHER PROGRAMS OF ITS KIND IS THE SCHOOL'S STRONG FOCUS ON BOOKS AS PHYSICAL OBJECTS. RBS COURSES CONVEY METHODS FOR UNDERSTANDING THE HISTORIES OF MATERIAL TEXTSTHEIR PRODUCTION, MANUFACTURE, DISTRIBUTION, AND RECEPTIONTHROUGH INTENSIVE, HANDS-ON INSTRUCTION WITH ORIGINAL ARTIFACTS INDIVIDUALLY INTERPRETED FOR PEDAGOGICAL USE.
RARE BOOK SCHOOL OFFERS A NUMBER OF SCHOLARSHIP AND FELLOWSHIP OPPORTUNITIES FOR STUDENTS ATTENDING ITS PROGRAMS. RBS MAKES AWARDS AVAILABLE FOR NEW AND RETURNING STUDENTS, INCLUDING LIBRARIANS, BOOKSELLERS, CONSERVATORS, AND ACADEMICS. PROFESSIONALS FROM DIVERSE RACIAL AND ETHNIC BACKGROUNDS RECEIVED FUNDING TO ATTEND RARE BOOK SCHOOL THROUGH THE SCHOOL'S GLOBAL BOOK HISTORIES INITIATIVE, FUNDED IN PART BY THE NEH, AND FROM THE ANDREW W. MELLON FELLOWSHIP FOR DIVERSITY, INCLUSION, & CULTURAL HERITAGE. ADVANCED GRADUATE STUDENTS AND JUNIOR ACADEMICS ALSO HAD THE OPPORTUNITY TO PARTICIPATE IN THE ANDREW W. MELLON SOCIETY OF FELLOWS IN CRITICAL BIBLIOGRAPHY PROGRAM. IN ORDER TO SUSTAIN ITS COMMITMENT TO PROVIDING OPPORTUNITIES TO EDUCATION FOR PROSPECTIVE STUDENTS FROM VARIED BACKGROUNDS, THE SCHOOL'S BOARD OF DIRECTORS RE-INVESTS ANY APPROPRIATE SURPLUS FUNDS INTO ITS OWN SCHOLARSHIP FUNDS EACH YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
G Scott Clemons Vice-Chair | OfficerTrustee | 2 | $0 |
John Crichton Chair | OfficerTrustee | 2 | $0 |
Beppy Landrum Owen Secretary | OfficerTrustee | 2 | $0 |
Mary E Crawford Treasurer | OfficerTrustee | 2 | $0 |
Michael F Suarez Sj Executive Director | OfficerTrustee | 40 | $0 |
Cheryl Beredo Director | Trustee | 2 | $0 |
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 | $5,397,483 |
Noncash contributions included in lines 1a–1f | $830,759 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,397,483 |
Total Program Service Revenue | $672,230 |
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 | $2,794 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,073,430 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $487,370 |
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 | $912,795 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $213,363 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,359 |
Fees for services: Accounting | $18,745 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $82,259 |
Fees for services: Other | $94,250 |
Advertising and promotion | $2,961 |
Office expenses | $96,996 |
Information technology | $48,306 |
Royalties | $0 |
Occupancy | $48,809 |
Travel | $112,807 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $82,416 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,485 |
Insurance | $4,916 |
All other expenses | $70,617 |
Total functional expenses | $2,451,452 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $607,484 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $3,538,661 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $5,483 |
Prepaid expenses and deferred charges | $28,195 |
Net Land, buildings, and equipment | $16,015 |
Investments—publicly traded securities | $0 |
Investments—other securities | $14,591,413 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $212,169 |
Total assets | $18,999,420 |
Accounts payable and accrued expenses | $19,010 |
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 | $212,519 |
Total liabilities | $231,529 |
Net assets without donor restrictions | $3,063,554 |
Net assets with donor restrictions | $15,704,337 |
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 | $18,999,420 |
Over the last fiscal year, The Book Arts Press Inc has awarded $24,991 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Cambridge, MA PURPOSE: SYMPOSIA SPONSORSHIP | $11,000 |
Princeton, NJ PURPOSE: SYMPOSIA SPONSORSHIP | $8,000 |
Los Angeles, CA PURPOSE: SYMPOSIA SPONSORSHIP | $5,991 |
Over the last fiscal year, we have identified 4 grants that The Book Arts Press Inc has recieved totaling $58,000.
Awarding Organization | Amount |
---|---|
Community Foundation Of Western Nevada Reno, NV PURPOSE: Annual Fund | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $16,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $12,000 |
Molina Family Foundation South Pasadena, CA PURPOSE: OPERATING SUPPORT | $10,000 |
Beg. Balance | $8,823,913 |
Earnings | -$713,910 |
Admin Expense | $82,259 |
Net Contributions | $2,800,247 |
Other Expense | $160,993 |
Ending Balance | $10,666,998 |
Organization Name | Assets | Revenue |
---|---|---|
Editorial Projects In Education Inc Bethesda, MD | $35,486,255 | $21,641,400 |
Baltimore Teacher Network Baltimore, MD | $946,016 | $9,863,712 |
Association For Research And Enlightenment Inc Virginia Beach, VA | $20,084,486 | $11,379,644 |
Center For Education Reform Washington, DC | $1,738,343 | $7,208,228 |
Association Of Corporate Travel Executives Inc Bamkruptcy Alexandria, VA | $277,722 | $5,636,042 |
Global Fund For Children Washington, DC | $9,730,095 | $6,479,849 |
International Womens Media Foundation Washington, DC | $17,214,124 | $6,735,111 |
University Of North Carolina Press Chapel Hill, NC | $43,092,371 | $7,489,638 |
Sunlight For All Institute Baltimore, MD | $20,573,717 | $24,195,292 |
Boardsource Washington, DC | $10,860,434 | $3,803,950 |
National Energy Education Development Project Inc Manassas, VA | $4,802,187 | $4,327,526 |
National Newspapers Publishers Association Washington, DC | $4,689,524 | $3,875,356 |