National Poetry Series Inc is located in Princeton, NJ. The organization was established in 1981. According to its NTEE Classification (A70) the organization is classified as: Humanities, 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. National Poetry Series 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 10/2023, National Poetry Series Inc generated $444.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $370.4k during the year ending 10/2023. While expenses have increased by 4.6% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECOGNITION AND PROMOTION OF EXCELLENCE IN CONTEMPORARY POETRY BY ENSURING THE PUBLICATION OF FIVE BOOKS OF POETRY A YEAR THROUGH A SERIES OF PARTICIPATING PUBLISHERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Halpern Director | 20 | $126,000 | |
Ann Marie Salem Treasurer | 7 | $29,178 | |
James R Berman Board Member | 1 | $0 | |
Mariana Cook Board Member | 1 | $0 | |
Natalie Diaz Board Member | 1 | $0 | |
Andrew Foote Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $367,208 |
| Interest on Savings | $60 |
| Dividends & Interest | $13,698 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63,860 |
| Total Revenue | $444,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $155,178 |
| Other employee salaries and wages | $40,905 |
| Pension plans, employee benefits | $16,071 |
| Interest | $0 |
| Taxes | $198 |
| Depreciation | $0 |
| Occupancy | $11,141 |
| Travel, conferences, and meetings | $22,353 |
| Printing and publications | $9,311 |
| Other expenses | $109,463 |
| Total operating and administrative expenses | $370,370 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $370,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,456 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,402 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $959,159 |
| Accounts payable and accrued expenses | $42,904 |
| Grants payable | $0 |
| Deferred revenue | $50,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $92,904 |