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Poetry Society Of America

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136019220 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Poetry Society Of America?

The Poetry Society of America, established in 1910, is a prominent nonprofit organization located in New York, New York. With a mission to broaden and diversify poetry's audience, encourage a deeper appreciation of its vitality and breadth in cultural discourse, and position poetry as a significant element in American life, the society presents live and digital programs. These events explore individual poets' works and significant themes in contemporary poetry. Notably, the Poetry Society partners with Harlem Academy to deliver the Visiting Poets Program, which invites professional poets to instruct middle school students on poetry reading and writing. Despite the COVID-19 pandemic, the organization shifted its public programs to digital platforms, resulting in an increase in presented programs and a wider reach, serving numerous poets and readers annually. The Poetry Society of America currently employs 4 individuals.


Official website here: www.poetrysociety.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 79%, Three-Star out of Four Star rating.

The Poetry Society of America holds a three-star rating with a score of 79%, reflecting a strong emphasis on accountability and finance. The charity has achieved a perfect score in several areas, such as having a fully independent board and a robust audit and oversight committee, indicating effective governance and fiscal oversight. Its financial practices, including a low ratio of liabilities to assets, demonstrate a solid financial foundation.

However, there are areas for improvement, particularly in the program expense ratio, which stands at 59.82%. This suggests that while the organization is managing its finances well, a significant portion of its expenditures may not be going directly towards programs. Additionally, the absence of a whistleblower policy may raise concerns regarding transparency and internal accountability.

Overall, the Poetry Society of America demonstrates strong organizational strengths through effective governance structures and financial practices, though attention to program funding efficiency and policy completeness could enhance its standing further.


This AI summary has been generated from information found on Charity Navigator.

Is Poetry Society Of America legitimate?

Poetry Society Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poetry Society Of America 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: $123,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,531

For more financial information, click here


Official website here: www.poetrysociety.org

What is the mission statement of Poetry Society Of America?

The Poetry Society of America, established in 1910, aims to expand and diversify the audience for poetry. Its mission is to foster a deeper appreciation of poetry's vitality and breadth within the cultural discourse, and to position poetry as a significant part of American life. Through live and digital public programs, the society showcases individual poets and important poetry themes, partnering with Harlem Academy to bring professional poets into classrooms and teach poetry to middle school students. Due to the COVID-19 pandemic, most of the society's public programs transitioned to digital in 2022, allowing the society to present more programs and serve a larger number of poets and readers.


Official website here: www.poetrysociety.org

Who is the CEO of Poetry Society Of America?

Matt Brogan is the President of Poetry Society Of America.


Official website here: www.poetrysociety.org

What is the revenue of Poetry Society Of America?

Poetry Society Of America's revenue in 2022 was $1,187,140.


Official website here: www.poetrysociety.org

Who are the executives of Poetry Society Of America and what are their salaries?

The average compensation at Poetry Society Of America during 2022 was $77,689. There are 4 employees at Poetry Society Of America.


Here are 22 key members and their salaries:


Allison Binns (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Karpowich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Rachlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abigail Wender (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Collins (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cornelius Eady (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Ellis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Rothman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Boyd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth J Coleman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Freeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Gale (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Indira Goris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimiko Hahn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Major Jackson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Otto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elise Paschen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Rose (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter G Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Woodard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Woodson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Brogan (Executive Director)
  • Compensation: $115,388
  • Related: $0
  • Other: $2,117


Official website here: www.poetrysociety.org

Where can I find the form 990 for Poetry Society Of America?

Poetry Society Of America's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.poetrysociety.org

Learn more at the official website: www.poetrysociety.org

Mission Statement of Poetry Society Of America

The Poetry Society of America, established in 1910, is committed to expanding and diversifying the audience for poetry. Its mission is to foster a deeper appreciation of poetry's vitality and breadth within the broader cultural dialogue, and to position poetry as a significant influence in various aspects of American life. The organization aims to achieve this goal by presenting live and digital programs that explore the works of individual poets and significant themes in contemporary poetry. Furthermore, the Poetry Society partners with Harlem Academy to deliver the Visiting Poets Program, which brings professional poets into classrooms to teach middle school students the art of reading and writing poetry. Through these initiatives, the Poetry Society serves hundreds of poets and engages tens of thousands of readers annually. During the COVID-19 pandemic, most of its public programs transitioned to digital platforms, enabling the organization to present more programs and reach a broader audience.

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Impact




October, 2024

The Poetry Society of America significantly enhances the landscape of poetry in the United States by fostering a larger and more diverse audience through various initiatives. Established in 1910, the organization actively promotes a deeper appreciation of poetry's vitality and breadth, recognizing its essential role in cultural discourse.

Through a variety of public programs, both live and digital, the Poetry Society engages with individual poets and explores pressing themes in contemporary poetry. These initiatives include partnerships, such as with Harlem Academy, which facilitate the Visiting Poets Program, bringing professional poets into middle school classrooms to impart the reading and writing of poetry to young students. This educational outreach not only nurtures a new generation of poets but also cultivates an appreciation for the art form among younger audiences.

Despite challenges brought on by the COVID-19 pandemic, the Poetry Society adapted by shifting many of its programs online, allowing for an expanded reach. As a result, the organization served hundreds of poets and tens of thousands of readers annually, further cementing its role as a pivotal force in the poetry community. By placing poetry at the crossroads of American life, the Poetry Society plays an instrumental role in enriching cultural conversations and ensuring the continued relevance of poetry in contemporary society.




This information is meant to be a general summary of Poetry Society Of America. 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.

Revenue
$1,187,140 (2022)
Expenses
$722,108 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $280,988
  • Program Service Revenue: $36,093
  • Gross Receipts: $1,203,327

Assets and Liabilities:

  • Total Assets: $4,975,099
  • Total Liabilities: $38,431
  • Net Assets: $4,936,668

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AWARD ENTRY FEES

Revenue

$36,093

Organization Details

Founding Year

1910

Principal Officer

Matt Brogan

Main Address

119 SMITH STREET, NEW YORK, NY, 11201

NTEE Category

Code: A70 - Arts

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