Indian River Literary Society Inc is located in Vero Beach, FL. The organization was established in 1999. 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. Indian River Literary Society 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, Indian River Literary Society Inc generated $178.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $114.3k during the year ending 06/2023. While expenses have increased by 3.5% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
GUEST AUTHORS ARE INVITED TO ADDRESS THE MEMBERS OF THE SOCIETY ON THEIR LITERARY WORKS. MEETINGS ARE HELD APPROXIMATELY SEVEN TIMES A YEAR TO PROMOTE LITERATURE AND LITERARY DISCUSSIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricki Michals President | 1 | $0 | |
Elizabeth Bass Director | 0.5 | $0 | |
Janet Hoffman Secretary | 0.5 | $0 | |
Lucinda Gedeon Director | 0.5 | $0 | |
Marion Martin Director | 0.5 | $0 | |
Charlotte Terry Vice President | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,575 |
| Total Program Service Revenue | $78,103 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $178,707 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,443 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $107,811 |
| Total expenses | $114,254 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,948 |
| Other assets | $0 |
| Total assets | $95,948 |
| Total liabilities | $0 |
| Net assets or fund balances | $95,948 |