Lantern Publishing & Media Inc
- Assets
- $250.4k
- Revenue
- $341.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Woodstock, NY
- Founding
- Data as of
- 12/2021
- EIN
- 84-3932903
Organization Overview
Lantern Publishing & Media Inc is located in Woodstock, NY. 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 12/2021, Lantern Publishing & Media Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lantern Publishing & Media 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 12/2021, Lantern Publishing & Media Inc generated $341.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 63.5% each year . All expenses for the organization totaled $246.8k during the year ending 12/2021. 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
TO EDUCATE INFORM, AND INSPIRE A NEW GENERATION OF GLOBAL CITIZENS TO CREATE A HEALTHY, COMPASSIONATE, AND RESILIENT WORLD FOR ANIMALS AND HUMANS ALIKE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOOK PUBLISHING AND DISTRIBUTION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Rowe President | OfficerTrustee | 40 | $50,000 |
Brian Normoyle Treasurer / VP | OfficerTrustee | 40 | $50,000 |
Kirsti Bronwyn Gholson Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $158,620 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,620 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,200 |
| 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 | $147,331 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $341,001 |
| 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. | $100,000 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,083 |
| Payroll taxes | $10,003 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,226 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,714 |
| Advertising and promotion | $622 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $151 |
| 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 | $935 |
| Insurance | $0 |
| All other expenses | $2,187 |
| Total functional expenses | $246,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,962 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,158 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $135,907 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,402 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $250,429 |
| Accounts payable and accrued expenses | $10,382 |
| 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 | $0 |
| Total liabilities | $10,382 |
| Net assets without donor restrictions | $240,047 |
| 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 | $250,429 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lantern Publishing & Media Inc has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Karuna Foundation Niwot, CO PURPOSE: Advocate for the wellbeing of animals. | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Performance Review Institute Inc Warrendale, PA | $74,694,465 | $42,815,654 |
First Look Media Works Inc New York, NY | $8,923,263 | $13,712,748 |
Princeton University Press Princeton, NJ | $151,044,829 | $27,595,157 |
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 |