Bookmarks
- Assets
- $2.4m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 24
- Location
- Winstonsalem, NC
- Founding
- 12/2005
- Data as of
- 12/2022
- EIN
- 54-2152610
Organization Overview
Bookmarks is located in Winstonsalem, NC. The organization was established in 2005. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Bookmarks employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bookmarks 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, Bookmarks generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.9% each year . All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 37.0% 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
BOOKMARK, INC. (BOOKMARKS) IS A LITERARY ARTS ORGANIZATION THAT FOSTERS A LOVE OF READING AND WRITING IN THE FORSYTH COUNTY COMMUNITY. BOOKMARKS CONNECTS READERS WITH AUTHORS AND BOOKS IN THE FOLLOWING WAYS: AN ANNUAL FESTIVAL OF BOOKS, AN AUTHORS IN SCHOOLS PROGRAM, AND YEAR-ROUND EVENTS IN THEIR NONPROFIT INDEPENDENT BOOKSTORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZING AND PRESENTING A STREET-TYPE BOOK FESTIVAL INCLUDING READINGS BY AUTHORS, WORKSHOPS, BOOKS SIGNINGS, AND PROGRAMS FOR CHILDREN, ALL FREE TO THE PUBLIC. ORGANIZING AUTHOR VISITS TO SCHOOLS IN NORTH CAROLINA, PRIMARILY IN THE TRIAD AREA AND SURROUNDING COUNTIES. WORK WITH TEACHERS TO INCORPORATE AUTHORS AND THEIR BOOKS INTO THE CURRICULUM. THESE VISITS ARE AT NO COST TO SCHOOLS. ORGANIZE AUTHOR EVENTS FEATURING BESTSELLING AND AWARD-WINNING AUTHORS TO FURTHER CONNECT READERS WITH AUTHORS THROUGH EVENTS AND BOOK SALES. SOME FREE, SOME TICKETED FUNDRAISING EVENTS. IN ADDITION, THE ORGANIZATION OPERATES AN INDEPENDENT BOOKSTORE TO FURTHER PROMOTE READING AND SERVES AS A GATHERING PLACE FOR READERS TO CONNECT WITH OTHER READERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Rogers-Southern Executive Di | Officer | 40 | $65,565 |
Candice Wooten Brown Director | Trustee | 1 | $0 |
Susan Conger Director | Trustee | 1 | $0 |
Andy Dreyfuss Director | Trustee | 1 | $0 |
Kelly Eisenbraun Director | Trustee | 1 | $0 |
Stephanie Flores DE Valgaz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $20,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,345 |
| All other contributions, gifts, grants, and similar amounts not included above | $562,022 |
| Noncash contributions included in lines 1a–1f | $25,487 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $660,367 |
| Total Program Service Revenue | $1,607,037 |
| Investment income | $4,054 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,328 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,327,418 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $73,457 |
| Compensation of current officers, directors, key employees. | $5,588 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $423,507 |
| Pension plan accruals and contributions | $3,471 |
| Other employee benefits | $31,754 |
| Payroll taxes | $38,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,260 |
| Advertising and promotion | $126,981 |
| Office expenses | $103,077 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $117,440 |
| Travel | $5,862 |
| 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 | $22,553 |
| Insurance | $5,675 |
| All other expenses | $4,085 |
| Total functional expenses | $2,086,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $851,722 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $29,750 |
| Accounts receivable, net | $55,209 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $266,116 |
| Prepaid expenses and deferred charges | $3,028 |
| Net Land, buildings, and equipment | $392,094 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $793,274 |
| Total assets | $2,391,193 |
| Accounts payable and accrued expenses | $128,459 |
| Grants payable | $0 |
| Deferred revenue | $53,778 |
| 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 | $825,182 |
| Total liabilities | $1,007,419 |
| Net assets without donor restrictions | $1,312,272 |
| Net assets with donor restrictions | $71,502 |
| 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 | $2,391,193 |