Tucson Festival Of Books
- Assets
- $559.2k
- Revenue
- $788.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Tucson, AZ
- Founding
- 09/2008
- Data as of
- 06/2022
- EIN
- 26-2145432
Organization Overview
Tucson Festival Of Books is located in Tucson, AZ. The organization was established in 2008. 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 06/2022, Tucson Festival Of Books employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tucson Festival Of Books 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, Tucson Festival Of Books generated $788.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $825.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tucson Festival Of Books has awarded 36 individual grants totaling $1,422,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE TUCSON FESTIVAL OF BOOKS BRINGS TOGETHER AUTHORS, PUBLISHERS AND THE READING PUBLIC IN A FAMILY-FRIENDLY COMMUNITY EVENT. NET PROCEEDS OF THE FESTIVAL ARE USED TO PROMOTE LITERACY IN SOUTHERN ARIZONA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTARTING THE FESTIVAL SUCCESSFULLY DURING COVID. THE TUCSON FESTIVAL OF BOOKS IS A COMMUNITY-WIDE CELEBRATION OF LITERATURE. OFFERED FREE-OF-CHARGE, THE FESTIVAL EXISTS TO IMPROVE LITERACY RATES AMONG CHILDREN AND ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Strange Director | Trustee | 3 | $0 |
John Dorlando Director | Trustee | 3 | $0 |
Mary Chinwe Okoye Director | Trustee | 1 | $0 |
David Nix Director | Trustee | 1 | $0 |
Lindy Mullinax Director | Trustee | 1 | $0 |
John M Humenik Director | Trustee | 13 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,760 |
| All other contributions, gifts, grants, and similar amounts not included above | $616,982 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $645,742 |
| Total Program Service Revenue | $142,561 |
| Investment income | $28 |
| 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 | $788,331 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,405 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,628 |
| Advertising and promotion | $15,095 |
| Office expenses | $840 |
| Information technology | $4,298 |
| Royalties | $0 |
| Occupancy | $21,900 |
| Travel | $112,219 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $39 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,072 |
| Insurance | $11,449 |
| All other expenses | $8,801 |
| Total functional expenses | $825,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,562 |
| Savings and temporary cash investments | $162,273 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $10,809 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $532 |
| Other assets | $0 |
| Total assets | $559,176 |
| Accounts payable and accrued expenses | $2,198 |
| 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 | $2,198 |
| Net assets without donor restrictions | $0 |
| 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 | $556,978 |
| Total liabilities and net assets/fund balances | $559,176 |
Grants Awarded
Over the last fiscal year, Tucson Festival Of Books has awarded $100,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LITERACY CONNECTS PURPOSE: Help children to learn to read | $66,667 |
UA BOOK STORE PURPOSE: Help children to learn to read | $33,333 |
READING SEED INC PURPOSE: Help children to learn to read | $0 |
NEWSPAPERS IN EDUCATION PURPOSE: Help children to learn to read | $0 |