Sarabande Books Inc
- Assets
- $958.5k
- Revenue
- $379.7k
- Investments
- $274.0k
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 07/1995
- Data as of
- 06/2023
- EIN
- 61-1256352
Organization Overview
Sarabande Books Inc is located in Louisville, KY. The organization was established in 1995. 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. Sarabande Books 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 06/2023, Sarabande Books Inc generated $379.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $426.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 4 years. 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
BOOK PUBLISHING & EDUCATIONAL PROGRAMS - 247,181 BOOKS PUBLISHED IN FY23 INCLUDE THE FOLLOWING TITLES: WITCH WIFE BY KIKI PETROSINO (AUGUST 2023) BRIGHT BY KIKI PETROSINO (AUGUST 2023) ANIMALS STRIKE CURIOUS POSES BY ELENA PASSARELLO (SEPTEMBER 2023) THOT BY CHANTE REID (OCTOBER 2023) TEAM PHOTOGRAPH BY LAUREN HALDEMAN (NOVEMBER 2023) A NEW RACE OF MEN FROM HEAVEN BY CHAITALI SEN (JANUARY 2023) IFM ALWAYS SO SERIOUS BY KARISMA PRICE (FEBRUARY 2023) NIGHTS FROM THIS GALAXY BY WIL WEITZEL (MARCH 2023) MAREFS NEST BY HOLLY MITCHELL (MAY 2023) ONCE A CITY SAID: A LOUISVILLE POETS ANTHOLOGY EDITED B JOY PRIEST (JUNE 2023) PROGRAMS IN FY23 INCLUDE THE FOLLOWING: ZINE LUNCH - 40 ONLINE FREE CREATIVE WRITING/ZINE WORKSHOPS 12 IN Q1 8 IN Q2 10 IN Q3 10 IN Q3 FLO GAULT STUDENT POETRY PRIZE AND READING (APRIL 2023) READERS GUIDES (JANUARY, FEB, MARCH 2023)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Renee Miller Executive Di | 35 | $50,000 | |
Kat Abner Treasurer | 2 | $0 | |
Lacey Trautwein Secretary | 2 | $0 | |
John Brooks Director | 2 | $0 | |
Sarah Gorham Director | 2 | $0 | |
Erin Keane Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $399,422 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,602 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$70,915 |
| Other Income | $42,529 |
| Total Revenue | $379,680 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Other employee salaries and wages | $166,130 |
| Pension plans, employee benefits | $62,223 |
| Interest | $0 |
| Taxes | $2,401 |
| Depreciation | $1,796 |
| Occupancy | $25,340 |
| Travel, conferences, and meetings | $29,499 |
| Printing and publications | $0 |
| Other expenses | $70,957 |
| Total operating and administrative expenses | $421,632 |
| Contributions, gifts, grants paid | $4,850 |
| Total expenses and disbursements | $426,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,757 |
| Savings and temporary cash investments | $270,905 |
| Net Accounts receivable | $26,872 |
| 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 | $198,766 |
| Prepaid expenses and deferred charges | $1,040 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $6,826 |
| Other assets | $67,379 |
| Total assets | $958,509 |
| Accounts payable and accrued expenses | $16,403 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $35,471 |
| Total liabilities | $51,874 |
Grants Awarded
Over the last fiscal year, Sarabande Books Inc has awarded $4,850 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DAVID MORSE PURPOSE: MARY MCCARTHY PRIZE | $2,000 |
SIMON SHIEH PURPOSE: KATHRYN A MORTON PRIZE | $2,000 |
HAILIE FORD PURPOSE: FLO GAULT 2023 PRIZE | $500 |
RIKKI KEETON PURPOSE: FLO GAULT 2023 PRIZE | $250 |
HAILEY SMALL PURPOSE: FLO GAULT 2023 PRIZE | $100 |