Overview
What is Booklyn Inc?
Brooklyn Inc, based at 140 58th Street B-7G, Brooklyn, NY 11220, is a nonprofit organization dedicated to fostering artists' books as a unique art form and educational resource. Their mission involves providing services and programming related to contemporary artist books for the general public and educational institutions, offering affordable and free book-making education both in-person and online, and aiding artists in showcasing, disseminating, and publishing their work. With a team of five employees, Brooklyn Inc strives to support and promote the documentation, exhibition, and distribution of artists' books and archives.
Official website here: www.booklyn.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 65%)
Booklyn Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting an overall score of 65%. The organization demonstrates strong accountability with a fully independent board and a solid conflict of interest policy. However, there are significant concerns regarding financial transparency and program expenses, which negatively impact their overall score.
While Booklyn Inc has scored perfectly in several areas, including board independence and policies for whistleblowers, they have notable weaknesses in documentation and financial management. Specifically, they received zero points for posting board meeting minutes and tax forms on their website, indicating a lack of transparency that could influence donor trust.
Additionally, the organization's program expense ratio is low at 11 out of 25 points, suggesting that a smaller portion of their resources is allocated directly to their programs. The liabilities to assets ratio has also raised concerns, as it scored zero. These limitations emphasize the need for improvements in fiscal management and public reporting to enhance their accountability and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Booklyn Inc legitimate?
Booklyn Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Booklyn Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $76,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $169,586
For more financial information, click here
Official website here: www.booklyn.org/
What is the mission statement of Booklyn Inc?
Booklyn Inc's mission is centered around promoting artists' books as both art and research material. The organization strives to assist artists and organizations in documenting, showcasing, and disseminating their artistic works and archives. By providing services and programming related to contemporary artist books, Booklyn Inc aims to engage the general public and educational institutions. Furthermore, they offer free or low-cost educational resources for book, print, and zine-making, both in person and online, and help artists in exhibiting, distributing, and publishing their works.
Official website here: www.booklyn.org/
Who is the CEO of Booklyn Inc?
Kurt Allerslev is the President of Booklyn Inc.
Official website here: www.booklyn.org/
What is the revenue of Booklyn Inc?
Booklyn Inc's revenue in 2022 was $488,256.
Official website here: www.booklyn.org/
Who are the executives of Booklyn Inc and what are their salaries?
The average compensation at Booklyn Inc during 2022 was $49,290. There are 5 employees at Booklyn Inc.
Here are 7 key members and their salaries:
- Compensation: $63,954
- Related: $0
- Other: $12,909
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.booklyn.org/
Where can I find the form 990 for Booklyn Inc?
Booklyn Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.booklyn.org/
Learn more at the official website: www.booklyn.org/
Mission Statement of Booklyn Inc
Brooklyn Inc, as a nonprofit organization, is dedicated to elevating the status of artists' books as both art and research material. Their mission is to support artists and organizations in documenting, showcasing, and distributing their creative works and archives. By doing so, they aim to make contemporary artist books accessible to the general public and educational institutions. Additionally, Brooklyn Inc offers free and low-cost book-, print-, and zine-making education, both in person and online, to foster creativity and learning among artists. The organization's ultimate goal is to assist artists in exhibiting, distributing, and publishing their artist books, thereby promoting their work and contributing to the rich tapestry of the artistic community.
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Impact
July, 2024
Booklyn Inc's impact lies in promoting artists' books as art and research material, providing educational resources to the general public and institutions, offering free and low-cost book-making education, and assisting artists in exhibiting, distributing, and publishing their work. Their focus on artist books as an art form contributes to the enrichment of artistic expression and facilitates greater access to diverse artistic creations. Through their activities, Booklyn Inc plays a crucial role in supporting artists and organizations in documenting, exhibiting, and disseminating their artwork and archives, ultimately enhancing the cultural landscape in the arts sector.
This information is meant to be a general summary of Booklyn Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $713
- Program Service Revenue: $8,950
- Gross Receipts: $890,302
Assets and Liabilities:
- Total Assets: $275,334
- Total Liabilities: $415,036
- Net Assets: -$139,702
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Teaching and lectures
Revenue
$7,000
Tuition
Revenue
$1,950
Organization Details
Founding Year
2001
Phone
(718) 383-9621Principal Officer
Kurt Allerslev
Main Address
140 58th Street B-7G, Brookyln, NY, 11220
Website
www.booklyn.org/NTEE Category
Code: A33 - Arts
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