Overview
What is Pen American Center Inc?
Pen American Center Inc, based in New York, NY, is a nonprofit organization composed of writers and literary enthusiasts dedicated to defending free expression, promoting literature, and fostering international literary fellowship. With a team of 82 employees, they carry out their mission through research, reports, advocacy, and campaigns. Their work encompasses topics such as fraudulent news, censorship in countries like China, and policy issues, all with the aim to protect free expression rights both in the United States and globally. Additionally, they advocate for press freedom and support individual writers and journalists under threat.
Official website here: www.pen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Pen American Center Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its exceptional accountability and financial health. The organization scores a perfect 100% for Accountability & Finance, indicating strong governance practices and transparency. This rating is based solely on the accountability metrics, showcasing the charity's commitment to ethical management and responsible financial practices.
Strengths highlighted in the data include a completely independent board of directors, which enhances the organization’s integrity and decision-making processes. All financial oversight mechanisms, such as audits and conflict of interest policies, are in place and effective. Moreover, the organization demonstrates a high program expense ratio of over 71%, showing that a significant portion of its resources is directed towards its mission-driven activities.
One of the notable financial highlights is the low fundraising efficiency ratio of $0.08, suggesting that the organization is highly efficient in raising funds with minimal associated costs. Additionally, it maintains a strong working capital ratio, indicating good financial health and sustainability. Overall, Pen American Center Inc exemplifies a well-managed nonprofit with strong oversight and a focus on impactful programming.
This AI summary has been generated from information found on Charity Navigator.
Is Pen American Center Inc legitimate?
Pen American Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pen American Center 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: $1,091,445
Professional Fundraising Fees: $487,844
Other Salaries and Wages: $5,735,054
For more financial information, click here
Official website here: www.pen.org
What is the mission statement of Pen American Center Inc?
Pen American Center Inc is an organization comprised of writers and individuals within the literary community. Their mission is geared towards the defense of free expression, the promotion of literature, and the cultivation of international literary fellowship. Through their free expression programs, Pen America safeguards the rights of writers and journalists both in the United States and abroad. This includes conducting research and reporting on various issues, such as fraudulent news and censorship, advocating for press freedom and challenging free expression issues, and launching campaigns to address policy matters and support threatened individuals.
Official website here: www.pen.org
Who is the CEO of Pen American Center Inc?
Suzanne Nossel is the President of Pen American Center Inc. The CEO's salary of Pen American Center Inc is $465,257 and their total compensation is $476,859.
Official website here: www.pen.org
What is the revenue of Pen American Center Inc?
Pen American Center Inc's revenue in 2022 was $25,786,149.
Official website here: www.pen.org
Who are the executives of Pen American Center Inc and what are their salaries?
The average compensation at Pen American Center Inc during 2022 was $83,250. There are 82 employees and 80 volunteers at Pen American Center Inc.
Here are 48 key members and their salaries (Pen American Center Inc's CEO's salary is $465,257 and their total compensation is $476,859):
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- Other: $4,513
Official website here: www.pen.org
Where can I find the form 990 for Pen American Center Inc?
Pen American Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pen.org
Learn more at the official website: www.pen.org
Mission Statement of Pen American Center Inc
Pen American Center Inc, a renowned association comprised of writers and individuals connected to the literary community, is dedicated to safeguarding free expression, promoting literature, and cultivating international literary fellowship. This esteemed organization's mission is multifaceted, focusing on both domestic and international initiatives.
In the realm of free expression, Pen American Center Inc stands as a formidable advocate. Through its programs, the organization defends writers and journalists, protecting free expression rights in the United States and beyond. Their work encompasses researching and reporting on various topical issues, including fraudulent news and censorship in China. They also engage in advocacy efforts, both internationally and in the United States, to ensure press freedom and address other challenges to free expression. Furthermore, they launch campaigns on policy issues and champion individual writers and journalists who face threats.
Pen American Center Inc's commitment to fostering international literary fellowship is another crucial aspect of its mission. This includes promoting literacy, translating works, and hosting events to bring together authors and readers from diverse backgrounds. By facilitating these connections, the organization fosters a global appreciation for the power of the written word and the importance of free expression.
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Impact
October, 2024
Pen American Center Inc plays a crucial role in defending free expression and promoting literature on a global scale. By advocating for writers and journalists facing threats to their freedom, they actively work to protect the rights essential for a vibrant and democratic society. Their free expression programs conduct in-depth research and produce reports on pressing issues such as censorship and misinformation, contributing to a broader understanding of the challenges facing the literary community.
Additionally, Pen American Center engages in advocacy both domestically and internationally, effecting change on policy issues that impact press freedom and individual rights. Their campaigns not only highlight specific threats but also galvanize support for those under siege, fostering a culture where literature and open dialogue can thrive. Through these efforts, Pen American Center Inc enhances the dialogue around free speech and inspires a commitment to protect the fundamental rights of writers and journalists everywhere.
This information is meant to be a general summary of Pen American Center 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: $538,802
- Program Service Revenue: $189,646
- Gross Receipts: $39,377,026
Assets and Liabilities:
- Total Assets: $45,475,752
- Total Liabilities: $1,937,082
- Net Assets: $43,538,670
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES/PROGRAM FEES
Revenue
$141,942
PROGRAM MANAGEMENT FEE
Revenue
$47,704
Organization Details
Founding Year
1985
Phone
(212) 334-1660Principal Officer
Suzanne Nossel
Main Address
588 BROADWAY 303, NEW YORK, NY, 100125246
Website
www.pen.orgNTEE Category
Code: A700 - Arts
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