Sarabande Books Inc
- Assets
- $974.1k
- Revenue
- $596.0k
- Investments
- $340.4k
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 07/1995
- Data as of
- 06/2021
- EIN
- 61-1256352
Organization Overview
Sarabande Books Inc is located in Louisville, KY. The organization was established in 1995. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sarabande Books Inc 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, Sarabande Books Inc generated $596.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $418.5k during the year ending 06/2021. While expenses have increased by 1.0% per year over the past 3 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISH NUMEROUS EDUCATIONAL BOOKS AND PROVIDE EDUCATIONAL ACTIVITIES FOR THE PUBLIC - SEE ATTACHED LIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Gorham President And Editor-In-Chief | 40 | $69,996 | |
Bert Emke Director | 0.5 | $0 | |
Jeffrey Skinner Chair | 0.5 | $0 | |
Jamie Lee Cox Director | 0.5 | $0 | |
Karen Marple Long Director | 0.5 | $0 | |
David Anderson Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $522,020 |
| Interest on Savings | $149 |
| Dividends & Interest | $2,126 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,885 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $42,267 |
| Other Income | $38,322 |
| Total Revenue | $595,999 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $113,262 |
| Other employee salaries and wages | $177,661 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,487 |
| Occupancy | $15,600 |
| Travel, conferences, and meetings | $482 |
| Printing and publications | $0 |
| Other expenses | $88,234 |
| Total operating and administrative expenses | $410,521 |
| Contributions, gifts, grants paid | $8,000 |
| Total expenses and disbursements | $418,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $349,492 |
| Net Accounts receivable | $37,267 |
| Net Pledges Receivable | $54,928 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $167,005 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,219 |
| Net Land, buildings, and equipment | $2,287 |
| Other assets | $22,717 |
| Total assets | $974,111 |
| Accounts payable and accrued expenses | $23,668 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $54,000 |
| Total liabilities | $77,668 |
Grants Awarded
Over the last fiscal year, Sarabande Books Inc has awarded $8,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ELIZABETH HUGHEY BRANTLEY PURPOSE: PRIZE WINNER | $2,000 |
CJ EVANS PURPOSE: PRIZE WINNER | $2,000 |
LESLIE KIRK CAMPBELL PURPOSE: PRIZE WINNER | $2,000 |
CHAITALI SEN PURPOSE: PRIZE WINNER | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sarabande Books Inc has recieved totaling $50,928.
| Awarding Organization | Amount |
|---|---|
Fund For The Arts Inc Louisville, KY PURPOSE: Cultural Lou Recovery Grant, ArtsMatch | $49,928 |
Brooke Brown Barzun Philanthropic Foundation Inc Louisville, KY PURPOSE: ANNUAL FUND | $1,000 |
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