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← TORCH LITERARY ARTS

Form 990 for tax year 2024

Filed by TORCH LITERARY ARTS.

Totals

Total revenue
$324,087
Total expenses
$298,351
Contributions and grants received
$312,365
Grants paid
$0
Program service revenue
$11,604
Investment income
$118
Other revenue
$0
Total assets, end of year
$152,750
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$152,750
Program services expenses (Part IX)
$272,113
Management and general expenses
$26,238
Fundraising expenses
$0
Program service expenses (Part III)
$272,113

Program services were 91.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $160,000

  • 1f · All other contributions, gifts and grants

    $152,365

  • 2a · Program service revenue: PROGRAM SERVICES

    total $7,300 · related or exempt $7,300

  • 2b · Program service revenue: TICKET SALES

    total $4,304 · related or exempt $4,304

  • 3 · Investment income

    total $118 · excluded $118

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $82,731 · program services $82,731

  • 7 · Other salaries and wages

    total $29,969 · program services $29,969

  • 10 · Payroll taxes

    total $7,665 · program services $7,665

  • 11b · Fees: legal

    total $1,000 · management and general $1,000

  • 11c · Fees: accounting

    total $6,488 · management and general $6,488

  • 11g · Fees: other

    total $95,847 · program services $95,847

  • 12 · Advertising and promotion

    total $5,309 · program services $5,309

  • 13 · Office expenses

    total $2,082 · management and general $2,082

  • 14 · Information technology

    total $8,063 · management and general $8,063

  • 17 · Travel

    total $9,589 · program services $9,589

  • 19 · Conferences, conventions and meetings

    total $41,003 · program services $41,003

  • 23 · Insurance

    total $1,703 · management and general $1,703

  • 24a · Other expenses: EQUIPMENT

    total $2,078 · management and general $2,078

  • 24b · Other expenses: OFFICE MEALS

    total $2,074 · management and general $2,074

  • 24c · Other expenses: BOOKS AND SUBSCRIPTIONS

    total $1,133 · management and general $1,133

  • 24d · Other expenses: PHONE/INTERNET

    total $900 · management and general $900

  • 24e · All other expenses

    total $717 · management and general $717

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $96,581 · end of year $55,561

  • 2 · Savings and temporary cash investments

    beginning of year $29,633 · end of year $97,189

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $126,214 · end of year $152,750

Mission and programs · 2024

Mission

TO PROMOTE THE WORK OF BLACK WOMEN BY PUBLISHING CONTEMPORARY CREATIVE WRITING BY EMERGING AND EXPERIENCED WRITERS ALIKE, TO ARCHIVE CONTRIBUTORS' LITERARY WORK FOR POSTERITY AND EDUCATIONAL PURPOSES, AND PROVIDE RESOURCES AND OPPORTUNITIES FOR THE ADVANCEMENT OF BLACK WOMEN THROUGH LITERARY ARTS.

  • TORCH MAGAZINE: ONLINE LITERARY MAGAZINE THAT PUBLISHES FEATURES MONTHLY ACROSS POETRY, FICTION, CREATIVE NONFICTION, AND SCRIPT (PLAYS AND SCREENPLAYS).

    Expenses $65,307

  • READING SERIES FEATURES NOTABLE AUTHORS AT A PUBLIC READING TO CELEBRATE AND PROMOTE THEIR CURRENT PUBLICATIONS AND ENGAGE THE LOCAL LITERARY COMMUNITY.

    Expenses $57,144 · Revenue $4,304

  • SPECIAL EVENTS: READINGS, PANELS, AND CRAFT CONVERSATIONS TO AMPLIFY BLACK WOMEN WRITERS AND INCREASE AWARENESS OF LITERARY ARTS.

    Expenses $149,662 · Revenue $7,300

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sequoia Maner

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Stephanie Lang

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Candace Lopez

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Omi Jones

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Shannon Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Dana Weekes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Erin Waelder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Amanda Johnston

    EXECUTIVE DIRECTOR

    Total calculated
    $82,731
    From this org
    $82,731
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202533189349308053

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