Totals
- Total revenue
- $683,731
- Total expenses
- $666,517
- Contributions and grants received
- $544,881
- Grants paid
- $72,616
- Program service revenue
- $0
- Investment income
- $9,238
- Other revenue
- $129,612
- Total assets, end of year
- $833,829
- Total liabilities, end of year
- $219,029
- Net assets or fund balances, end of year
- $614,800
- Program services expenses (Part IX)
- $352,241
- Management and general expenses
- $108,249
- Fundraising expenses
- $206,027
- Program service expenses (Part III)
- $352,241
Program services were 52.8% 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)
$145,022
-
1f · All other contributions, gifts and grants
$399,859
-
1g · Noncash contributions included above
$3,600
-
3 · Investment income
total $8,490 · related or exempt $8,490
-
7a · Gross sales of assets other than inventory
securities $748
-
7c · Gain or loss
securities $748
-
7d · Net gain or loss
total $748 · related or exempt $748
-
8a · Fundraising events: gross income
$82,922
-
8c · Net income from fundraising events
total $82,922
-
10a · Gross sales of inventory
$55
-
10c · Net income from sales of inventory
total $55 · related or exempt $55
-
11a · Other revenue: PEN/FAULKNER AWARD SUBMISSION
total $36,156 · related or exempt $36,156
-
11b · Other revenue: TICKET SALES
total $8,793 · related or exempt $8,793
-
11c · Other revenue: MISC REVENUES
total $1,686 · related or exempt $1,686
-
11e · Other revenue, total
$46,635
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $72,616 · program services $72,616
-
7 · Other salaries and wages
total $345,474 · program services $175,300 · management and general $46,788 · fundraising $123,386
-
9 · Other employee benefits
total $30,385 · program services $15,639 · management and general $3,687 · fundraising $11,059
-
10 · Payroll taxes
total $27,154 · program services $14,016 · management and general $3,290 · fundraising $9,848
-
11b · Fees: legal
total $1,075 · management and general $1,075
-
11c · Fees: accounting
total $30,600 · management and general $30,600
-
11f · Fees: investment management
total $350 · management and general $350
-
11g · Fees: other
total $22,217 · program services $20,415 · management and general $1,580 · fundraising $222
-
12 · Advertising and promotion
total $1,060 · program services $869 · management and general $191
-
13 · Office expenses
total $19,433 · program services $7,775 · management and general $7,824 · fundraising $3,834
-
16 · Occupancy
total $14,595 · program services $7,357 · management and general $2,338 · fundraising $4,900
-
17 · Travel
total $5,131 · program services $3,947 · management and general $377 · fundraising $807
-
19 · Conferences, conventions and meetings
total $58,945 · program services $6,945 · management and general $156 · fundraising $51,844
-
23 · Insurance
total $9,993 · management and general $9,993
-
24a · Other expenses: BOOKS
total $27,489 · program services $27,362 · fundraising $127
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $289,001 · end of year $464,611
-
4 · Accounts receivable
beginning of year $35,307 · end of year $19,054
-
9 · Prepaid expenses and deferred charges
beginning of year $6,068 · end of year $5,737
-
10a · Land, buildings and equipment: cost or other basis
$27,689
-
10b · Land, buildings and equipment: accumulated depreciation
$27,689
-
12 · Investments: other securities
beginning of year $311,420 · end of year $344,427
-
17 · Accounts payable and accrued expenses
beginning of year $11,735
-
19 · Deferred revenue
beginning of year $40,000 · end of year $190,000
-
25 · Other liabilities
beginning of year $19,623 · end of year $29,029
-
27 · Net assets without donor restrictions
beginning of year $570,438 · end of year $614,800
Mission and programs · 2023
Mission
THE PEN/FAULKNER FOUNDATION CHAMPIONS THE BREADTH ABD POWER OF FICTION IN AMERICA.
-
WRITERS IN SCHOOLS BRINGS A DIVERSE RANGE OF AUTHORS, ALONG WITH FREE COPIES OF THEIR CULTURALLY RELEVANT BOOKS, INTO DC CLASSROOMS TO SERVE STUDENTS IN GRADES 3-12 AND INSPIRE THE NEXT GENERATION OF READERS AND WRITERS. WE CONDUCTED 75 AUTHOR VISITS, ALONG WITH 50 WRITING WORKSHOPS AND THREE YEAR-LONG RESIDENCIES.
Expenses $161,211 · Grants $16,934
-
OUR LITERARY CONVERSATIONS BRING TOGETHER HIGHLY-ACCLAIMED WRITERS TO DISCUSS THE URGENT ISSUES THAT SURROUND THEIR WORK AND LET FICTION SERVE AS A SPRINGBOARD FOR CIVIL DISCOURSE. OVER THE PAST 35+ YEARS, OUR LITERARY PROGRAMS HAVE FEATURED AUTHORS READING FROM THEIR WORK AND ENGAGING IN THRILLING, THOUGHT-PROVOKING CONVERSATIONS.
Expenses $96,549 · Grants $850
-
THE PEN/FAUKNER AWARD HONORS THE BEST PUBLISHED WORKS OF FICTION BY AMERICAN PERMANENT RESIDENTS IN A CALENDAR YEAR. THREE WRITERS ARE CHOSEN ANNUALLY BY THE BOARD OF DIRECTORS OF THE PEN/FAULKNER FOUNDATION TO SERVE AS JUDGES, ENSURING THAT OUR AWARDS SELECTION PROCESS IS FREE OF COMMERCIAL INFLUENCE. THESE JUDGES SELECT AN INITAL LONGLIST OF TEN BOOKS, FOLLOWED BY FIVE FINALISTS, AND FINALLY ONE WINNER AS THE "FIRST AMONG EQUALS."
Expenses $94,481 · Grants $54,832
As filed on the 2023 return.
Listed in Part VII
-
Gwydion SuilebhanGWYDION SUILEBHAN
EXECUTIVE DI
- Total calculated
- $109,693
- From this org
- $104,579
- From related orgs
- $0
- Other
- $5,114
- Hours/week
- 40
-
Susan Keselenko CollSUSAN KESELENKO COLL
BOARD PRESID
- Total calculated
- $0
- Hours/week
- 10
-
Tope FolarinTOPE FOLARIN
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 10
-
Thomas LloydTHOMAS LLOYD
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Renee GardnerRENEE GARDNER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elliot AckermanELLIOT ACKERMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marie AranaMARIE ARANA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jabari AsimJABARI ASIM
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Louis BayardLOUIS BAYARD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Katherine BooneKATHERINE BOONE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lauren Francis-SharmaLAUREN FRANCIS-SHARMA
FIRST VICE P
- Total calculated
- $0
- Hours/week
- 10
-
Susan GinsburgSUSAN GINSBURG
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sophia McCrocklinSOPHIA MCCROCKLIN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jojo RufJOJO RUF
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 10
-
Clay SmithCLAY SMITH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Martha Anne TollMARTHA ANNE TOLL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jung YunJUNG YUN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Donna HemansDONNA HEMANS
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Linette S HwuLINETTE S HWU
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ericka TaylorERICKA TAYLOR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
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
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541359349310994
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