The Poetry Foundation

Organization Overview

The Poetry Foundation is located in Chicago, IL. The organization was established in 1946. 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.

For the year ending 12/2019, Poetry Foundation generated $18.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $12.0m during the year ending 12/2019. While expenses have increased by 4.4% per year over the past 5 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.

Since 2014, Poetry Foundation has awarded 2,574 individual grants totaling $7,667,922. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2019

Describe the Organization's Program Activity:

Part 3 - Line 4a

POETRY PUBLIC PROGRAMS, EDUCATION, PRIZES AND AWARDS


POETRYFOUNDATION.ORG


"POETRY" MAGAZINE (EXPENSE IS NET OF $714 K PROGRAM REVENUE)


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0
Harlan Wallach
Digital Dir Cto
$182,236
Don Share
Poetry Editor
$124,320
Steven Young
Program Director
$120,554
Sarah Whitcher
Media Director
$118,679
Ydalmi Noriega
Dir Community
$79,649

Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Sheridan Press Inc
$292,167
Table Xi Partners Llc
$287,925
Ecogeek Llc
$212,750
Cenveo Worldwide Limited
$195,530
One Design Company
$177,266
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $153,276
Interest on Savings $482
Dividends & Interest $6,395,248
Net Rental Income$0
Net Gain on Sale of Assets $10,970,964
Capital Gain Net Income $10,369,620
Net ST Capital Gain $228,656
Income Modifications $0
Profit on Inventory Sales $0
Other Income $775,440
Total Revenue $18,295,410

Grants Awarded

Over the last fiscal year, The Poetry Foundation has awarded $1,366,950 in support to 274 organizations.

Grant RecipientAmount

MARILYN RAE NELSON

PURPOSE: RUTH LILLY POETRY PRIZE

$100,000

VERSE VIDEO EDUCATION INC

PURPOSE: GENERAL SUPPORT OF POETRY PROGRAMS

$100,000

AMERICAN PUBLIC MEDIA

PURPOSE: SUPPORT FOR THE SLOWDOWN

$70,000

THE JOFFREY BALLET

Org PageRecipient Profile

Chicago, IL

PURPOSE: EVENT SUPPORT

$50,000

Chicago, IL

PURPOSE: EVENT SUPPORT

$50,000

THE CHICAGO HIGH SCHOOL FOR THE ARTS

Org PageRecipient Profile

Chicago, IL

PURPOSE: GENERAL SUPPORT OF POETRY PROGRAMS

$42,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Poetry Foundation has recieved totaling $100,000.

Awarding OrganizationAmount
John S And James L Knight Foundation Inc

Miami, FL

PURPOSE: TO OFFER, IN COLLABORATION WITH O, MIAMI, A COMPLIMENTARY WEEK-LONG SUMMER POETRY TEACHERS INSTITUTE IN 2019 AND 2020 TO 90 K-12 AND COMMUNITY COLLEGE EDUCATORS FROM MIAMI-DADE COUNTY.

$100,000
View Grant Recipient Profile

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