Overview
What is The Poetry Project Ltd?
The Poetry Project Ltd, situated in New York, New York, is a nonprofit organization dedicated to promoting and fostering contemporary poetry. They achieve this through various means, including hosting readings, lectures, poetry workshops, symposiums, and publishing newsletters and publications. Their mission is multifaceted, aiming to present contemporary poetry to diverse audiences, increase public recognition and appreciation of poetry and other arts, provide a community setting for poets and artists to exchange ideas and information, and encourage the participation and development of new poets from a wide range of styles. With a team of seven employees, the organization serves as a hub for poetry enthusiasts and creators alike.
Official website here: www.poetryproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating
The Poetry Project Ltd has achieved an overall score of 87%, reflecting a strong performance in accountability and finance. This rating is based entirely on their accountability metrics, indicating that the organization has robust governance and financial practices. The presence of a fully independent board and comprehensive policies in place for conflict of interest, whistleblowing, and document retention further underscores their commitment to transparency.
Among the strengths highlighted are the organization's financial oversight, with a solid audit and oversight committee in place. They have demonstrated responsible financial management with a relatively low liabilities-to-assets ratio of 38.09% and a program expense ratio of 62.66%, suggesting that a significant portion of their expenditures goes towards their programs. However, while their program expense ratio is commendable, it is slightly below the ideal threshold, which may indicate opportunities for further improvement in programmatic spending.
Despite these strengths, the organization faces some limitations, particularly in the program expense ratio, which could be enhanced to better align resources with mission-driven activities. The executive director's salary of $103,458 is noted but not elaborated on in terms of how it compares within the sector. Overall, The Poetry Project Ltd demonstrates a solid commitment to accountability, though there are areas where they could further optimize their financial strategy to maximize impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Poetry Project Ltd?
90% of 54 reviewers on Facebook recommend The Poetry Project Ltd. Here is a summary of their reviews:
The Poetry Project is viewed as a vital part of New York City's literary scene, appreciated for its long-standing commitment to fostering creativity and community among writers. Many reviewers express admiration for its role in supporting poets and providing resources for artistic expression. The project encourages support for the National Endowment for the Arts, indicating a broader commitment to arts funding and advocacy.
Overall, it appears that contributors feel a strong sense of value and appreciation for the nonprofit's contributions to the local arts community, emphasizing its importance as a historical institution in the world of poetry.
This AI summary has been generated from reviews found on Facebook.
Is The Poetry Project Ltd legitimate?
The Poetry Project Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Poetry Project Ltd 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: $103,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $368,793
For more financial information, click here
Official website here: www.poetryproject.org
What is the mission statement of The Poetry Project Ltd?
The Poetry Project Ltd is an organization committed to promoting, fostering, and inspiring the reading and writing of contemporary poetry. It achieves this by presenting contemporary poetry to diverse audiences, increasing public recognition, awareness, and appreciation of poetry and other arts. The organization also provides a community setting where poets and artists can exchange ideas and information. Furthermore, The Poetry Project Ltd encourages the participation and development of new poets from a wide range of styles. By doing so, it aims to nurture a vibrant poetry culture, fostering creativity and engagement with poetry among various audiences.
Official website here: www.poetryproject.org
What is the revenue of The Poetry Project Ltd?
The Poetry Project Ltd's revenue in 2023 was $1,137,700.
Official website here: www.poetryproject.org
Who are the executives of The Poetry Project Ltd and what are their salaries?
The average compensation at The Poetry Project Ltd during 2023 was $59,013. There are 8 employees and 30 volunteers at The Poetry Project Ltd.
Here are 6 key members and their salaries:
- Compensation: $103,458
- Related: $0
- Other: $13,789
- 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.poetryproject.org
Where can I find the form 990 for The Poetry Project Ltd?
The Poetry Project Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.poetryproject.org
Learn more at the official website: www.poetryproject.org
Mission Statement of The Poetry Project Ltd
The Poetry Project Ltd is an organization dedicated to promoting, fostering, and inspiring the reading and writing of contemporary poetry. In pursuit of its mission, the organization presents contemporary poetry to diverse audiences, aiming to increase public recognition, awareness, and appreciation of poetry and other arts. By providing a community setting, The Poetry Project Ltd allows poets and artists to exchange ideas and information, fostering a creative and supportive environment. Moreover, the organization encourages the participation and development of new poets from a broad range of styles, nurturing talent and diversity in the poetry community.
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Impact
July, 2024
The Poetry Project Ltd has a significant impact in promoting, fostering, and inspiring the reading and writing of contemporary poetry. Through a range of activities such as readings, lectures, workshops, symposiums, and publications, the organization increases public recognition, awareness, and appreciation of poetry and other arts. It provides a valuable community setting for poets and artists to exchange ideas and information, while also encouraging the participation and development of new poets from a diverse range of styles. Based in New York, NY, The Poetry Project Ltd plays a crucial role in nurturing the poetry community and enriching cultural life in the city.
This information is meant to be a general summary of The Poetry Project Ltd. 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 2023.
- Investment Income: $4,451
- Program Service Revenue: $105,354
- Gross Receipts: $1,523,583
Assets and Liabilities:
- Total Assets: $594,368
- Total Liabilities: $79,739
- Net Assets: $514,629
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP
Revenue
$25,841
AUDIENCE ADMISSION
Revenue
$24,368
WORKSHOP TUITION
Revenue
$32,315
PUBLICATIONS
Revenue
$22,830
Organization Details
Founding Year
1984
Principal Officer
Kyle Dacuyan
Website
www.poetryproject.orgNTEE Category
Code: A70 - Arts
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