American Society Of Journalists And Authors Foundation is located in New York, NY. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. American Society Of Journalists And Authors Foundation 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 12/2022, American Society Of Journalists And Authors Foundation generated $385.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $518.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE AND MISSION OF THE FOUNDATION IS TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR INDEPENDENT NONFICTION WRITERS AND AUTHORS; TO PROMOTE AND DEFEND THE PROFESSION OF INDEPENDENT NONFICTION WRITERS AND AUTHORS; TO EXCHANGE INFORMATION AND ENHANCE AWARENESS OF THE PROFESSION OF INDEPENDENT NONFICTION WRITERS AND AUTHORS; AND, TO ASSIST AND HELP INDEPENDENT NONFICTION WRITERS THAT ARE IN SEVERE FINANCIAL DISTRESS AND DURING TIMES OF NATIONAL EMERGENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL AND REGIONAL CONFERENCES ARE HELD TO PROVIDE EDUCATIONALPROGRAMS FOR THE FOUNDATION'S MEMBERSHIP OF INDEPENDENT NONFICTIONWRITERS AND AUTHORS.
PUBLIC SUPPORT AND GRANTS ARE RECEIVED TO PROVIDE AWARDS AND GRANTS TO CERTAIN SELECTED INDIVIDUALS FOR EDUCATIONAL PURPOSES.
ANNUAL AND REGIONAL CONFERENCES ARE HELD TO PROVIDE EDUCATIONALPROGRAMS FOR THE FOUNDATION'S MEMBERSHIP OF INDEPENDENT NONFICTIONWRITERS AND AUTHORS.
PUBLIC SUPPORT AND GRANTS ARE RECEIVED TO PROVIDE AWARDS AND GRANTS TO CERTAIN SELECTED INDIVIDUALS FOR EDUCATIONAL PURPOSES.
THE FOUNDATION HAS ESTABLISHED A WRITERS EMERGENCY ASSISTANCE FUND(WEAF) THAT HELPS ESTABLISHED INDEPENDENT NONFICTION WRITERS ANDAUTHORS BY PROVIDING AND AWARDING FUNDING TO ELIGIBLE INDIVIDUALS WHOARE UNABLE TO WORK DUE TO ILLNESS, DISABILITY, A NATURAL DISASTER,SEVERE FINANCIAL DISTRESS, OR AN EXTRAORDINARY PROFESSIONAL CRISIS.
THE FOUNDATION HAS ESTABLISHED A WRITERS EMERGENCY ASSISTANCE FUND(WEAF) THAT HELPS ESTABLISHED INDEPENDENT NONFICTION WRITERS ANDAUTHORS BY PROVIDING AND AWARDING FUNDING TO ELIGIBLE INDIVIDUALS WHOARE UNABLE TO WORK DUE TO ILLNESS, DISABILITY, A NATURAL DISASTER,SEVERE FINANCIAL DISTRESS, OR AN EXTRAORDINARY PROFESSIONAL CRISIS.
THE FOUNDATION SETS ASIDE CERTAIN RESERVE FUNDS (EISENBERG, ROBINSONAND ROTH) TO PROVIDE AWARDS TO CERTAIN QUALIFIED INDIVIDUALS BASED ONACHIEVEMENT.
THE FOUNDATION SETS ASIDE CERTAIN RESERVE FUNDS (EISENBERG, ROBINSONAND ROTH) TO PROVIDE AWARDS TO CERTAIN QUALIFIED INDIVIDUALS BASED ONACHIEVEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Laing President | OfficerTrustee | 5 | $0 |
Emily Paulsen Vice-President | OfficerTrustee | 5 | $0 |
Milt Toby Past President | OfficerTrustee | 5 | $0 |
Lisa Rapasca Roepe Secretary | OfficerTrustee | 5 | $0 |
Stacey Freed Treasurer | OfficerTrustee | 5 | $0 |
Lottie Joiner Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $170,460 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $129,778 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $300,238 |
Total Program Service Revenue | $67,875 |
Investment income | $3,440 |
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 | $385,523 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $15,000 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $275,000 |
Fees for services: Legal | $4,258 |
Fees for services: Accounting | $3,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $45,975 |
Advertising and promotion | $1,740 |
Office expenses | $16,507 |
Information technology | $16,308 |
Royalties | $0 |
Occupancy | $0 |
Travel | $292 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $69,527 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $40,045 |
Insurance | $1,594 |
All other expenses | $28 |
Total functional expenses | $518,886 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $40,453 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,329 |
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 | $8,257 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $174,671 |
Investments—program-related | $0 |
Intangible assets | $82,894 |
Other assets | $0 |
Total assets | $315,604 |
Accounts payable and accrued expenses | $26,634 |
Grants payable | $0 |
Deferred revenue | $98,677 |
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 | $125,311 |
Net assets without donor restrictions | $80,200 |
Net assets with donor restrictions | $110,093 |
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 | $0 |
Total liabilities and net assets/fund balances | $315,604 |