The Poetry Foundation in Chicago, Illinois (IL)

Organization representatives - add corrected or new information about The Poetry Foundation »

Non-representatives - add comments about The Poetry Foundation»

The Poetry Foundation
Employer Identification Number (EIN)362490808
Name of OrganizationThe Poetry Foundation
In Care of NameCaren Skoulas
Address61 W Superior St, Chicago, IL 60654-5457
ActivitiesOther cultural or historical activities, Other school related activities, Publishing activities
SubsectionEducational Organization, Literary Organization
Ruling Date11/1946
DeductibilityContributions are deductible
FoundationPrivate operating foundation exempt from paying excise taxes on investment income
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$238,760,639
Amount of Income$38,917,994
Form 990 Revenue Amount$4,027,224
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Humanities Organizations


Non-representatives - add comments:


CAPTCHA

Your IP address 18.117.151.198 will be logged.

Amount of income in 2013: $38,917,994
This organization: 

 $38,917,994
Other organizations performing similar types of work: 

 $58,064

Assets in 2013: $238,760,639
The Poetry Foundation: 

 $238,760,639
Other organizations performing similar types of work: 

 $31,483

Expenses in 2013: $9,022,416
The Poetry Foundation: 

 $9,022,416
Other organizations performing similar types of work: 

 $49,504

Income to expenses ratio in 2013: 4.3
This organization: 

 4.3
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2006: 79.6%
This organization: 

 79.6%
Other organizations performing similar types of work: 

 64.0%

Number of employees in 2006: 23
This organization: 

 23
Other organizations performing similar types of work: 

 2

Employees paid over $50,000 in 2006: 21.7%
The Poetry Foundation: 

 21.7%
Other organizations performing similar types of work: 

 21.7%

Grants share in income in 2013: 11.2%
The Poetry Foundation: 

 11.2%
Other organizations performing similar types of work: 

 63.6%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$11,347,359$9,544,383$4,650,630
Contributions, gifts, grants, etc., received$1,275,208
Interest on savings and temporary cash investments$454
Dividends and interest from securities$3,936,868
Gross rents$0
Gross sales price for all assets$32,913,369
Gross profit from sales of goods$0
Other income$792,095
Other$5,342,734
Total expenses and disbursements$9,022,416$690,987$1,410,785$6,757,801
Compensation of officers, directors, trustees, etc.$557,391
Pension plans, employee benefits$501,636
Legal fees$71,171
Accounting fees$65,551
Interest$0
Depreciation$702,200
Occupancy$1,062,513
Travel, conferences, and meetings$500,659
Printing and publications$1,283,780
Total operating and administrative expenses$8,058,316$690,987$5,798,601
Contributions, gifts, grants paid$964,100
Excess of revenue over expenses and disbursements$2,324,943
Net investment income$8,853,396
Adjusted net income$3,239,845
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$197,131,499$197,131,499$210,114,297$210,114,297$238,760,639$238,760,639
Cash - non-interest-bearing$99,838$85,062$566,135
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$92,416,837$103,022,227$128,551,993
Investments-corporate bonds$37,938,562$38,700,368$42,991,239
Investments-mortgage loans$0$0$0
Investments-other$13,815,535$19,652,276$22,859,965
Other assets$24,175,998$19,978,643
Total liabilities$16,381,814$15,803,077$15,658,111
Mortgages and other notes payable$15,000,000$14,730,000$14,450,000
Other liabilities$6,529$7,294
Total liabilities and net assets/fund balances$180,749,685$194,311,220$223,102,528
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$1,836,305$998,868$5,342,734
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$0$0$0
Total credits and payments$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$0$0
Overpayment$0$0
Amount to be credited to next year's estimated tax$0$0$0
Statements Regarding Activities
201120122013
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?YesYes
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?YesYesYes
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?YesYesYes
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?YesYesYes
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$168,051,259$159,789,773$181,917,662
Net value of noncharitable-use assets$157,268,813$179,077,461
Minimum investment return$8,269,137$7,863,441$8,953,873
Distributable Amount
201120122013
Distributable amount$0$0$0
Undistributed Income
201120122013
Distributable amount for this year$0$0$0
Undistributed income for this year. This amount must be distributed in the next year$0$0$0
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$3,239,845$3,058,845$2,503,127$2,470,356$11,272,173
Qualifying distributions made directly for active conduct of exempt activities$6,028,852$6,320,181$13,966,090$10,645,486$36,960,609
Value of all assets$1$0$0$0$1
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$5,969,249$5,242,294$5,512,758$4,809,713$21,534,014
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2013)
Grants approved for future payment$103,000
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
$0$601,345
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$454$0
Dividends and interest from securities$3,936,868$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20012003200420052006
Total revenue$135,118,940$807,852$1,332,168$1,683,289$4,027,224
Contributions, gifts, grants, and similar amounts received$134,740,457$228,228$208,404$132,229$135,097
Contributions to donor advised funds$0
Direct public support$134,731,457$228,228$208,404$132,229$135,097
Indirect public support$0$0$0$0$0
Government contributions (grants)$9,000$0$0$0$0
Program service revenue including government fees and contracts$285,456$387,606$391,513$530,442$571,688
Membership dues and assessments$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$589,949
Dividends and interest from securities$51,525$254,932$656,656$646,739$674,410
Net rental income or (loss)$0$0$0$0$0
Gross rents$0$0$0$0$0
Less: rental expenses$0$0$0$0$0
Other investment income$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$-66,155$72,485$367,449$2,049,425
Gross amount from sales of assets other than inventory$0$36,804,607$31,376,000$22,137,000$70,292,936
Less: cost or other basis and sales expenses$0$36,870,762$31,303,515$21,769,551$68,243,511
Net income or (loss) from special events and activities$34,946$0$0$0$0
Gross revenue$37,657$0$0$0$0
Less: direct expenses other than fundraising expenses$2,711$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0
Other revenue$6,556$3,241$3,110$6,430$6,655
Total expenses$639,484$1,911,430$2,606,927$5,204,095$5,978,923
Program services$517,583$604,851$1,294,398$3,774,382$4,760,777
Management and general$109,128$1,306,579$1,312,529$1,429,713$1,218,146
Fundraising$12,773$0$0$0$0
Payments to affiliates$0$0$0$0$0
Net assets or fund balances at end of year$135,241,378$167,897,343$174,578,269$176,605,695$218,359,244
Excess or (deficit) for the year$134,479,456$-1,103,578$-1,274,759$-3,520,806$-1,951,699
Net assets or fund balances at beginning of year$786,947$146,547,442$167,897,343$174,578,269$176,605,695
Other changes in net assets or fund balances$-25,025$22,453,484$7,955,685$5,548,232$43,705,248
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$5,978,923$4,760,777$1,218,146$0
Grants paid from donor advised funds$0
Other grants and allocations$794,513
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$533,762$111,378$422,384$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$649,424$563,328$86,096$0
Pension plan contributions not included above$39,643$33,140$6,503$0
Employee benefits not included above$132,824$101,220$31,604$0
Payroll taxes$69,825$44,398$25,427$0
Professional fundraising fees$0$0$0$0
Accounting fees$58,697$6$58,691$0
Legal fees$307,291$111,557$195,734$0
Supplies$28,999$25,183$3,816$0
Telephone$35,837$1,543$34,294$0
Postage and shipping$157,887$155,724$2,163$0
Occupancy$232,394$179,021$53,373$0
Equipment rental and maintenance$75,270$7,600$67,670$0
Printing and publications$266,684$263,343$3,341$0
Travel$316,529$294,137$22,392$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$230,976$198,292$32,684$0
Other expenses not covered above$2,048,368$1,876,394$171,974$0
Balance Sheets
20012003200420052006
Total assets$135,414,457$168,512,730$175,144,300$177,771,072$219,598,932
Cash - non-interest-bearing$15,539$41,961$139,031$107,675$56,927
Savings and temporary cash investments$127,223$0$0$0$10,075,662
Accounts receivable less allowance for doubtful accounts$32,123$26,262$41,700$76,567$322,069
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0
Grants receivable$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0
Prepaid expenses and deferred charges$1,256$22,259$24,907$113,119$107,701
Investments - publicly-traded securities$55,537,824
Investments - other securities$806,846$14,307,494$29,357,000$-87,608,769$0
Investments - land, buildings, and equipment less accumulated depreciation$0$79,003$71,662$0$0
Investments - other$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$5,555$0$0$477,226$505,055
Other assets, including program-related investments$134,425,915$154,035,751$145,510,000$264,605,254$152,993,694
Total liabilities$173,079$615,387$566,031$1,165,377$1,239,688
Accounts payable and accrued expenses$0$395,936$267,819$591,221$572,607
Grants payable$0$0$0$101,000$151,000
Deferred revenue$0$219,451$298,211$473,156$516,081
Loans from officers, directors, trustees, and key employees$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0
Other liabilities$173,079$0$0$0$0
Total liabilities and net assets/fund balances$135,414,457$168,512,730$175,144,300$177,771,072$219,598,932
Total net assets or fund balances$135,241,378$167,897,343$174,578,269$176,605,695$218,359,244
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20012003200420052006
Total revenue$135,118,940$807,852$1,332,168$1,683,289$4,027,224
Total revenue, gains, and other support per audited financial statements$135,123,826$23,274,503$9,287,150$7,232,050$47,680,815
Other expenses$4,886$22,466,651$8,021,790$5,548,761$43,705,248
Net unrealized gains on investments$-25,025$39,264$1,119,790$1,575,761$4,001,768
Donated services and use of facilities$27,200$13,167$0$0$0
Recoveries of prior year grants$0$0$0$0$0
Other$2,711$22,414,220$6,902,000$3,973,000$39,703,480
Other revenue$0$0$66,808$0$51,657
Investment expenses$0$0$66,808$0$51,657
Other$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20012003200420052006
Total expenses$639,484$1,911,430$2,606,926$5,204,095$5,978,923
Total expenses and losses per audited financial statements$669,395$1,924,597$2,606,926$5,204,095$5,927,266
Other revenue$29,911$13,167$0$0$0
Donated services and use of facilities$27,200$13,167$0$0$0
Prior year adjustments$0$0$0$0$0
Losses$0$0$0$0$0
Other$2,711$0$0$0$0
Other expenses$0$0$0$0$51,657
Investment expenses$0$0$0$0$51,657
Other$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings25
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200623
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$50,207$3,320,439$521,481
Program service revenue
Program service revenue 1000000$000$0$518,686
Program service revenue 2Advertising and related services$50,20700$0$0
Program service revenue 3000000$000$0$2,795
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$589,949$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$674,410$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$2,049,425$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Royalty income excluded by section 512(b)(2)$6,655$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$84,555$22,454$0
$83,241$19,249$0
$67,800$20,889$0
$63,100$23,465$0
$65,000$18,757$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
20002002200320042005
Total$660,459$495,536$865,895$1,326,293$1,224,055
Gifts, grants, and contributions received$303,134$247,937$213,490$287,341$132,229
Membership fees received$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$297,107$216,705$394,232$379,186$445,087
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$60,218$30,894$254,932$656,656$646,739
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$0$0$3,241$3,110$0
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$43,721$48,552$-4,831
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$43,721$48,552$-4,831
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend The Poetry Foundation to others? (optional)
  
Add photo of The Poetry Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Henryk Sienkiewicz Polish School Nfp5641 S 73rd Ave, Summit, IL 60501-1363IL2014-09$187,045
2Urantia Association International559 W Diversey Pky No 351, Chicago, IL 60614-7640IL2007-08$114,294
3Project Sycamore A Nfp Corporation, Sycamore Trust1250 N Dearborn St 17 E, Chicago, IL 60610IL2007-08$91,278
4Czech Heritage Inc, Divadlo Bohemia6238 W Addison St, Chicago, IL 60634-4101IL2010-01$34,387
5Tulip Nfp548 Mayfair Ln, Naperville, IL 60565-5387IL2003-01$30,552
6Midwest Chinese Language School Association327 Millcreek Ln, Naperville, IL 60540-8292IL2009-04$14,467
7Uttar Pradesh Association Of Greater Chicago Inc3934 Heinz Dr, Aurora, IL 60504-5376IL2012-03$9,526
8Marketplace Literacy Project3513 Cypress Creek Road, Champaign, IL 61822IL2004-10$2,375
9Living Legacy Farmstead Incorporated3759 N 900 Blvd, Mount Carmel, IL 62863IL2005-07$1,368
10One Village Nfp7944 South Oglesby Avenue, Chicago, IL 60617IL2004-01$1
11American Hegel Society Inc, Hegel Society Of America1032 West Sheridan Rd, Chicago, IL 60660IL2013-01$0
12Antinoupolis Foundation Inc4522 S Mcdowell Ave, Chicago, IL 60609IL2012-06$0
13Ariston FoundationPo Box 46064, Chicago, IL 60646IL2014-08$0
14Beacon Society16w603 3rd Ave, Bensenville, IL 60106IL2010-06$0
15Blue Island Public Library Foundation2433 York St, Blue Island, IL 60406-2011IL1996-04$0
16Boone County Jail MinistryPo Box 622, Belvidere, IL 61008IL2000-01$0
17Chicago Classical Club Inc2327 Lawndale, Evanston, IL 60201IL2010-02$0
18Chimera Inc1531 Wilder Street, Evanston, IL 60202IL1997-12$0
19Doorstep Project Inc550 Northern Lane, Dekalb, IL 60115IL2013-06$0
20Evanston Writers WorkshopPo Box 6322, Evanston, IL 60204IL2011-04$0
Number of organizations performing similar types of work
Alaska6
Alabama18
Arkansas6
Arizona22
California253
Colorado35
Connecticut25
District of Columbia16
Delaware9
Florida82
Georgia34
Hawaii14
Iowa10
Idaho6
Illinois57
Indiana16
Kansas7
Kentucky10
Louisiana11
Massachusetts41
Maryland34
Maine13
Michigan29
Minnesota21
Missouri28
Mississippi6
Montana7
North Carolina39
North Dakota1
Nebraska6
New Hampshire10
New Jersey43
New Mexico18
Nevada9
New York140
Ohio34
Oklahoma12
Oregon33
Pennsylvania51
Rhode Island6
South Carolina10
South Dakota3
Tennessee16
Texas91
Utah13
Virginia41
Vermont7
Washington41
Wisconsin20
West Virginia3
Wyoming2
International3
Total1,468

NonProfitFacts.com is not associated with, endorsed by, or sponsored by The Poetry Foundation and has no official or unofficial affiliation with The Poetry Foundation