Keplers Literary Foundation
- Assets
- $410.3k
- Revenue
- $263.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Menlo Park, CA
- Founding
- 01/2018
- Data as of
- 06/2022
- EIN
- 81-4833778
Organization Overview
Keplers Literary Foundation is located in Menlo Park, CA. The organization was established in 2018. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Keplers Literary Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keplers Literary Foundation 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 06/2022, Keplers Literary Foundation generated $263.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $341.0k during the year ending 06/2022. 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
THE MISSION OF KEPLER'S LITERARY FOUNDATION ("KLF") IS TO ENGAGE, ENRICH AND INSPIRE OUR COMMUNITY THROUGH CULTURAL AND LITERARY PROGRAMS THAT FOSTER INTELLECTUAL DISCOURSE AND CIVIC ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PUBLIC PROGRAM: KLF OFFERS A NATIONALLY RECOGNIZED PROGRAM OF LIVE AND ONLINE CULTURAL AND LITERARY EVENTS FOR THE GENERAL PUBLIC THAT COVERS A RANGE OF GLOBAL AND LOCAL TOPICS. PROGRAMS ENCOURAGE PEOPLE TO RECOGNIZE DIFFERENT PERSPECTIVES, ENGAGE IN STIMULATING CONVERSATIONS, FOSTER CREATIVE THINKING, AND EXPLORE NEW IDEAS. KLF PRODUCED LITERARY EVENTS REACHING OVER 10,000 PEOPLE.
YOUTH PROGRAM: THE GOAL OF THE YOUTH PROGRAM IS TO IGNITE A PASSION IN YOUNG PEOPLE FOR READING AND WRITING. OUTSTANDING WRITERS AND ARTISTS MEET ONLINE AND FACE-TO-FACE WITH YOUNG PEOPLE TO DISCUSS THE IMPORTANCE AND POWER OF STORYTELLING. YOUTH EVENTS TAKE PLACE ONLINE, AT KEPLERS BOOKS AND IN LOCAL PUBLIC SCHOOLS. KLF PRODUCED CULTURAL AND LITERARY EVENTS ENGAGING OVER 5,000 YOUNG READERS.
UNDER-SERVED YOUTH PROGRAM:THIS PROGRAM SERVES LOW-INCOME STUDENTS IN THE SCHOOLS IN EAST PALO ALTO AND BELLE HAVEN WHO LACK ACCESS TO CULTURAL OPPORTUNITIES. WE PRODUCE LITERARY EVENTS IN EACH OF TITLE I PUBLIC SCHOOLS FEATURING TOP CHILDRENS AUTHORS. WE DONATE COPIES OF THE PRESENTING AUTHORS BOOKS TO THE SCHOOLS WITH EACH VISIT. WE REGULARLY INVITE HIGH SCHOOL STUDENTS FROM THIS COMMUNITY TO ATTEND OUR PREMIER EVENTS, GIFTING THEM BOOKS AND ARRANGING FOR THEM TO MEET TOP-TIER WRITERS BACKSTAGE. KLF PRODUCED LITERARY EVENTS REACHING 1800 LOW-INCOME STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Forstner Executive Dir. | Officer | 40 | $49,577 |
Patrick Corman Treasurer | OfficerTrustee | 5 | $0 |
Dan Gilbert Board Chair | OfficerTrustee | 5 | $0 |
Praveen Madan Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,723 |
| All other contributions, gifts, grants, and similar amounts not included above | $159,196 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,919 |
| Total Program Service Revenue | $54,387 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,276 |
| 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. | $49,578 |
| Compensation of current officers, directors, key employees. | $5,916 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $125,125 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,247 |
| Payroll taxes | $16,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,498 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,500 |
| Advertising and promotion | $3,174 |
| Office expenses | $185 |
| Information technology | $8,869 |
| Royalties | $0 |
| Occupancy | $43,165 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,530 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,310 |
| All other expenses | $5,685 |
| Total functional expenses | $340,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $391,756 |
| Savings and temporary cash investments | $82 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,869 |
| 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 | $803 |
| Net Land, buildings, and equipment | $1,795 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,044 |
| Total assets | $410,349 |
| Accounts payable and accrued expenses | $12,944 |
| 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 | $15,663 |
| Total liabilities | $28,607 |
| Net assets without donor restrictions | $381,742 |
| Net assets with donor restrictions | $0 |
| 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 | $410,349 |