Overview
What is The Writers Room?
The Writers Room, established in 1979, is a nonprofit organization situated in the heart of New York City, specifically at 740 Broadway, 12th Floor. Its primary purpose is to cater to the needs of both emerging and established writers, hailing from various literary genres. The organization offers a unique benefit by providing them with a subsidized, 24/7 workspace, ensuring a serene and conducive environment for their creative pursuits. The Writers Room's mission is to support writers' growth and development, boasting a modest workforce of three individuals dedicated to their cause.
Official website here: www.writersroom.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The Writers Room has achieved an 82% score from Charity Navigator, reflecting a solid level of accountability and finance practices. This rating indicates that the organization maintains a strong oversight system, with 100% independent board members and comprehensive policies in place, such as conflict of interest and whistleblower policies. It also successfully lists its website on the tax form and provides access to board meeting minutes, ensuring transparency.
One of the significant strengths of The Writers Room is its program expense ratio, which stands at an impressive 78.30%, suggesting that a large portion of its funds directly supports its mission. However, the organization faces some challenges, particularly in its liabilities to assets ratio, which is relatively high at 68.83%. This could indicate potential financial instability if not managed carefully.
Overall, The Writers Room demonstrates a commitment to effective governance and transparency, making it a trustworthy option for donors. While it excels in many areas, it should remain vigilant regarding its financial liabilities to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Writers Room legitimate?
The Writers Room is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Writers Room 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: $152,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,215
For more financial information, click here
Official website here: www.writersroom.org
What is the mission statement of The Writers Room?
The Writers Room, an organization established in 1979, is committed to serving both emerging and established writers of varied literary genres. Its primary mission is to provide them with an affordable and serene workspace, ensuring they have a conducive environment to foster their creativity. This workspace is accessible 24/7, 365 days a year, offering writers the flexibility they need to pursue their craft without constraints. The Writers Room, a space founded by writers for writers, aims to support these writers in their journey towards literary success.
Official website here: www.writersroom.org
What is the revenue of The Writers Room?
The Writers Room's revenue in 2024 was $599,637.
Official website here: www.writersroom.org
Who are the executives of The Writers Room and what are their salaries?
The average compensation at The Writers Room during 2024 was $92,780. There are 3 employees and 9 volunteers at The Writers Room.
Here are 9 key members and their salaries:
- Compensation: $135,405
- Related: $0
- Other: $16,720
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.writersroom.org
Where can I find the form 990 for The Writers Room?
The Writers Room's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.writersroom.org
Learn more at the official website: www.writersroom.org
Mission Statement of The Writers Room
The Writers Room, established by writers for writers in 1979, is dedicated to serving both emerging and established writers of various literary genres. This nonprofit organization offers a unique mission by providing these writers with an affordable and serene workspace in New York City. The Writers Room operates on a 24/7 basis, allowing writers access to their workspace every day of the year. This tranquil environment is designed to foster creativity and concentration, ensuring writers have the ideal space to focus on their craft. The Writers Room is committed to supporting writers of serious intent, regardless of their genre, and provides a subsidized workspace that is both clean and quiet.
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Impact
July, 2024
The Writers Room provides a significant impact by offering a crucial space for emerging and established writers to create in a tranquil and supportive environment. By providing affordable workspace in New York City, The Writers Room empowers writers of all genres to focus on their craft and connect with a vibrant literary community. The accessibility of a clean and quiet workspace, available 24/7, helps foster creativity and productivity, ultimately enriching the cultural landscape and supporting the literary endeavors of dedicated writers.
This information is meant to be a general summary of The Writers Room. 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 2024.
- Investment Income: $11,463
- Program Service Revenue: $330,295
- Gross Receipts: $599,637
Assets and Liabilities:
- Total Assets: $586,506
- Total Liabilities: $68,725
- Net Assets: $517,781
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental and Writers Inc
Revenue
$330,295
Organization Details
Founding Year
1979
Principal Officer
Doron Weber
Website
www.writersroom.orgNTEE Category
Code: A90 - Arts
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