Totals
- Total revenue
- $2,395,970
- Total expenses
- $2,376,616
- Contributions and grants received
- $1,790,565
- Grants paid
- $120,001
- Program service revenue
- $494,534
- Investment income
- $110,276
- Other revenue
- $595
- Total assets, end of year
- $4,829,963
- Total liabilities, end of year
- $335,926
- Net assets or fund balances, end of year
- $4,494,037
- Program services expenses (Part IX)
- $1,838,345
- Management and general expenses
- $210,034
- Fundraising expenses
- $328,237
- Program service expenses (Part III)
- $1,838,345
Program services were 77.4% 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.
-
1c · Fundraising events
$546,702
-
1e · Government grants (contributions)
$419,692
-
1f · All other contributions, gifts and grants
$824,171
-
1g · Noncash contributions included above
$91,367
-
2a · Program service revenue: ENTRY FEES
total $237,600 · related or exempt $237,600
-
2b · Program service revenue: MEDALLION SALES
total $137,637 · related or exempt $137,637
-
2c · Program service revenue: CONTRACT INCOME
total $68,297 · related or exempt $68,297
-
2d · Program service revenue: FINALIST FEES
total $51,000 · related or exempt $51,000
-
3 · Investment income
total $83,997 · excluded $83,997
-
5 · Royalties
total $595 · excluded $595
-
7a · Gross sales of assets other than inventory
securities $95,982
-
7b · Less cost or other basis and sales expenses
securities $69,703
-
7c · Gain or loss
securities $26,279
-
7d · Net gain or loss
total $26,279 · excluded $26,279
-
8a · Fundraising events: gross income
$396,025
-
8a · Fundraising events: contributions included on line 1c
$546,702
-
8b · Fundraising events: direct expenses
$396,025
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $120,001 · program services $120,001
-
5 · Compensation of officers, directors and key employees
total $279,844 · program services $223,876 · management and general $27,164 · fundraising $28,804
-
7 · Other salaries and wages
total $736,596 · program services $548,015 · management and general $58,871 · fundraising $129,710
-
8 · Pension plan contributions
total $24,669 · program services $18,102 · management and general $2,702 · fundraising $3,865
-
9 · Other employee benefits
total $108,943 · program services $81,952 · management and general $9,029 · fundraising $17,962
-
10 · Payroll taxes
total $66,216 · program services $50,204 · management and general $5,629 · fundraising $10,383
-
11c · Fees: accounting
total $65,331 · management and general $65,331
-
11g · Fees: other
total $27,618 · program services $14,788 · management and general $11,370 · fundraising $1,460
-
12 · Advertising and promotion
total $12,830 · program services $1,393 · management and general $1,734 · fundraising $9,703
-
13 · Office expenses
total $230,812 · program services $191,438 · management and general $13,888 · fundraising $25,486
-
16 · Occupancy
total $111,203 · program services $84,312 · management and general $9,453 · fundraising $17,438
-
17 · Travel
total $107,837 · program services $102,501 · management and general $3,317 · fundraising $2,019
-
22 · Depreciation, depletion and amortization
total $13,393 · program services $10,154 · management and general $1,139 · fundraising $2,100
-
23 · Insurance
total $1,832 · program services $1,389 · management and general $156 · fundraising $287
-
24a · Other expenses: HONORARIA
total $211,175 · program services $211,175
-
24b · Other expenses: BOOKS AND SUBSCRIPTIONS
total $134,060 · program services $133,809 · management and general $251
-
24c · Other expenses: INDIRECT AWARD DINNER E
total $76,064 · fundraising $76,064
-
24d · Other expenses: PHOTOGRAPHY
total $25,459 · program services $24,646 · fundraising $813
-
24e · All other expenses
total $22,733 · program services $20,590 · fundraising $2,143
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $558,312 · end of year $131,949
-
2 · Savings and temporary cash investments
beginning of year $554,478 · end of year $522,658
-
3 · Pledges and grants receivable
beginning of year $348,876 · end of year $707,258
-
4 · Accounts receivable
beginning of year $10,303 · end of year $46,994
-
9 · Prepaid expenses and deferred charges
beginning of year $59,815 · end of year $121,693
-
10a · Land, buildings and equipment: cost or other basis
$151,264
-
10b · Land, buildings and equipment: accumulated depreciation
$130,868
-
10c · Land, buildings and equipment, net
beginning of year $29,262 · end of year $20,396
-
11 · Investments: publicly traded securities
beginning of year $3,108,581 · end of year $3,098,765
-
15 · Other assets
beginning of year $26,989 · end of year $180,250
-
17 · Accounts payable and accrued expenses
beginning of year $70,916 · end of year $96,084
-
18 · Grants payable
beginning of year $45,000
-
19 · Deferred revenue
beginning of year $97,132 · end of year $84,725
-
25 · Other liabilities
beginning of year $550 · end of year $155,117
-
27 · Net assets without donor restrictions
beginning of year $3,473,494 · end of year $3,614,925
-
28 · Net assets with donor restrictions
beginning of year $1,009,524 · end of year $879,112
Mission and programs · 2022
Mission
THE MISSION OF THE NATIONAL BOOK FOUNDATION IS TO CELEBRATE THE BEST LITERATURE PUBLISHED IN THE UNITED STATES, EXPAND ITS AUDIENCE, AND ENSURE THAT BOOKS HAVE A PROMINENT PLACE IN OUR CULTURE.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $1,838,345 · Grants $120,001 · Revenue $494,534
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
David SteinbergerDAVID STEINBERGER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Fiona McCraeFIONA MCCRAE
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Elpidio VillarrealELPIDIO VILLARREAL
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Calvin SimsCALVIN SIMS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Quang BaoQUANG BAO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James DauntJAMES DAUNT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Markus DohleMARKUS DOHLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Morgan EntrekinMORGAN ENTREKIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lucia FerreiraLUCIA FERREIRA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kimball HastingsKIMBALL HASTINGS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amandeep KocharAMANDEEP KOCHAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lisa LucasLISA LUCAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anthony W MarxANTHONY W MARX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Deborah NeedlemanDEBORAH NEEDLEMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lynn NesbitLYNN NESBIT
BOARD MEMBER (THROUGH NOVEMBER 2022)
- Total calculated
- $0
- Hours/week
- 1
-
Julia ReidheadJULIA REIDHEAD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth L WallachKENNETH L WALLACH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michelle WeinerMICHELLE WEINER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ruth DickeyRUTH DICKEY
EXECUTIVE DIRECTOR
- Total calculated
- $274,472
- From this org
- $250,000
- From related orgs
- $0
- Other
- $24,472
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $250,000
- Bonus
- $0
- Other
- $0
- Deferred
- $9,375
- Nontaxable benefits
- $15,097
- Filer's total
- $274,472
-
Jordan SmithJORDAN SMITH
DEPUTY DIRECTOR
- Total calculated
- $144,549
- From this org
- $121,641
- From related orgs
- $0
- Other
- $22,908
- Hours/week
- 40
-
Margaret TanseyMARGARET TANSEY
DIRECTOR OF DEVELOPMENT
- Total calculated
- $135,159
- From this org
- $124,000
- From related orgs
- $0
- Other
- $11,159
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 22 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420539349301522
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.