The Beloit Poetry Journal Foundation Inc
- Assets
- $114.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Windham, ME
- Founding
- 09/1989
- Data as of
- 06/2022
- EIN
- 22-2946728
Organization Overview
The Beloit Poetry Journal Foundation Inc is located in Windham, ME. The organization was established in 1989. 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. Beloit Poetry Journal Foundation 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 06/2022, Beloit Poetry Journal Foundation Inc generated $73.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $69.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR LONGSTANDING MISSION IS TO SEEK OUT AND SHARE WORK OF FRESH AND LASTING POWER, POEMS THAT SPEAK STARTLING, COMPLICATED, NECESSARY TRUTHS AND THAT DO SO IN SUPRISING AND BEAUTIFUL WAYS. SINCE 1950, THE BELOIT POETRY FOUNDATION HAS CLEAVED TO SET A SET OF EDITORIAL PRACTICES THAT ENABLE DISCOVERY OF VIBRANT NEW VOICES AND THE FOSTER LONG-LASTING RELATIONSHIPS WITH SOME OF THE MOST GIFTED, IMPORTANT POETS OF THE TWENTIETH AND TWENTI- FIRST CENTURY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Contreni Flynn Treasurer | 4 | $8,619 | |
Kirun Kapur President | 4 | $8,500 | |
Elizabeth Gray Jr Director | 2 | $0 | |
Ross White Director | 2 | $0 | |
Oliver Payne Director | 2 | $0 | |
Arden Levine Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,949 |
| Total Program Service Revenue | $44,126 |
| Membership dues | $0 |
| Investment income | $2,294 |
| Gain or Loss | $3,011 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,380 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,000 |
| Professional fees and other payments to independent contractors | $20,275 |
| Occupancy, rent, utilities, and maintenance | $258 |
| Printing, publications, postage, and shipping | $18,674 |
| Other expenses | $20,466 |
| Total expenses | $69,673 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,449 |
| Other assets | $0 |
| Total assets | $114,027 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,027 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Beloit Poetry Journal Foundation Inc has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Center For Public Interest Reporting Hallowell, ME | $59,010 | $440,168 |
Marion Mckenney & Emery W Booker Brunswick, ME | $4,510,905 | $697,087 |
Maine Writers And Publishers Alliance Portland, ME | $182,962 | $299,360 |
Solon Center For Research And Publishing Solon, ME | $256,002 | $285,531 |
Harpswell News Harpswell, ME | $285,389 | $388,910 |
Abba A Womens Resource Center Portland, ME | $667,556 | $289,632 |
New Energy Foundation Inc Concord, NH | $30,775 | $0 |
New England Peer Review In Bedford, NH | $203,957 | $195,141 |
Hanover Review Inc Hanover, NH | $308,869 | $0 |
Gorham Times Inc Gorham, ME | $39,521 | $0 |
The Beloit Poetry Journal Foundation Inc Windham, ME | $114,027 | $0 |
Communication Workers Of America Westbrook, ME | $331,104 | $0 |