Overview
What is Printed Matter Inc?
Printed Matter Inc, a New York-based nonprofit, is dedicated to disseminating, understanding, and appreciating artists' books. With two physical bookstores and an online platform, they circulated thousands of artistic publications in 2021. Besides providing vital services and opportunities to artists and publishers, they held engaging virtual events such as talks, discussions, and book launches. The organization also hosted its first virtual art book fair, showcasing over 400 global artists, and an outdoor zine fair celebrating the East Village's artistic past and present. Due to the ongoing COVID-19 pandemic, Printed Matter focused on delivering virtual programs, ensuring that artists' books continued to reach audiences and foster creative exploration. Word Count: 116
Official website here: www.printedmatter.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 90%, Four-Star out of Four Star rating.
Printed Matter Inc has achieved a high overall score of 90%, reflecting strong accountability and financial practices. The organization boasts a fully independent board, which enhances its governance, and it has demonstrated extensive compliance with policies related to conflict of interest and whistleblower protections. Financial oversight is robust, as evidenced by a dedicated audit and oversight committee.
Strengths include a high program expense ratio of 70.70%, indicating that a significant portion of resources is directed toward its programs. Furthermore, the organization has no reported material diversion of assets, which assures donors of the integrity of their contributions. The transparency in financial reporting is evident through the availability of financial statements on its website.
However, the liabilities to assets ratio of 58.26% suggests that Printed Matter Inc may have moderate financial obligations compared to its total assets. While not alarming, it is a point to keep in mind for those considering long-term sustainability. Overall, the organization demonstrates strong financial health and accountability practices, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Printed Matter Inc legitimate?
Printed Matter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Printed Matter 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: $135,855
Professional Fundraising Fees: $0
Other Salaries and Wages: $975,813
For more financial information, click here
Official website here: www.printedmatter.org
What is the mission statement of Printed Matter Inc?
Printed Matter Inc, as an organization, is dedicated to promoting the dissemination of ideas from the visual arts field. They accomplish this through various means such as artist's books, exhibitions, special events, installations, and other forms. The mission of Printed Matter Inc is to foster appreciation, dissemination, and understanding of artists' publications, which are defined as books or other editioned publications conceived by artists as art works. The organization specializes in publications produced in large, inexpensive editions, distinguishing itself from entities that deal in book arts or book objects, which are often produced in smaller, more expensive editions due to the craft and labor involved in their fabrication.
Official website here: www.printedmatter.org
Who is the CEO of Printed Matter Inc?
Philip Aarons is the President of Printed Matter Inc.
Official website here: www.printedmatter.org
What is the revenue of Printed Matter Inc?
Printed Matter Inc's revenue in 2022 was $2,451,148.
Official website here: www.printedmatter.org
Who are the executives of Printed Matter Inc and what are their salaries?
The average compensation at Printed Matter Inc during 2022 was $55,583. There are 20 employees and 18 volunteers at Printed Matter Inc.
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- Compensation: $115,910
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- Other: $8,954
Official website here: www.printedmatter.org
Where can I find the form 990 for Printed Matter Inc?
Printed Matter Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.printedmatter.org
Learn more at the official website: www.printedmatter.org
Mission Statement of Printed Matter Inc
Printed Matter Inc, a nonprofit organization, is dedicated to promoting the dissemination of ideas from the visual arts field. They achieve this through various mediums such as artists' books, exhibitions, special events, installations, and other forms. The primary mission of Printed Matter Inc is to foster the appreciation, dissemination, and understanding of artists' publications. These publications, referred to as "artworks for the page," are conceived by artists as artistic expressions. The organization specializes in publications produced in large, inexpensive editions, distinguishing itself from other entities that deal in book arts or book objects, which are often produced in smaller, more expensive editions due to the craft and labor involved in their fabrication.
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Impact
August, 2024
Printed Matter Inc's impact lies in its significant contributions to the dissemination and appreciation of artists' publications within the visual arts field. As the world's largest nonprofit distributor of artists' books, Printed Matter plays a crucial role in ensuring that these unique and diverse forms of artistic expression reach audiences worldwide. Through its two nonprofit bookstores and website, Printed Matter circulates tens of thousands of books and related works annually, providing artists and publishers with essential services and opportunities to showcase their creations.
Moreover, Printed Matter's extensive range of free public programs, including virtual events like artists' talks, panel discussions, and book launches, encourages exploration and dialogue within the artistic community. Notably, the organization hosted its first-ever virtual art book fair, featuring over 400 global artists and publishers and attracting approximately 40,000 visitors from around the world. Additionally, Printed Matter co-presented an outdoor spring zine fair that celebrated the artistic heritage of the East Village, showcasing more than 40 exhibitors.
Despite the challenges posed by the COVID-19 pandemic, Printed Matter continued to adapt by focusing on virtual delivery methods, ensuring that artists' books remain accessible to audiences and continue to spark conversation, inspire creativity, and provide solace during a time of social distancing. Through its commitment to fostering the appreciation and understanding of artists' publications, Printed Matter's impact reverberates through the arts community, opening doors to creative expression and collaboration.
This information is meant to be a general summary of Printed Matter 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: -$2,732
- Program Service Revenue: $31,191
- Gross Receipts: $4,373,082
Assets and Liabilities:
- Total Assets: $3,490,140
- Total Liabilities: $1,009,106
- Net Assets: $2,481,034
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXHIBITOR FEES
Revenue
$28,605
MEMBERSHIPS
Revenue
$2,586
Organization Details
Founding Year
1976
Phone
(212) 925-0325Principal Officer
Philip Aarons
Main Address
231 11TH AVENUE, NEW YORK, NY, 10001
Website
www.printedmatter.orgNTEE Category
Code: A330 - Arts
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