Overview
What is Radius Books Inc?
Radius Books Inc, based in Santa Fe, New Mexico, is a distinguished nonprofit organization dedicated to promoting artistic and cultural value for a wide audience. Since its establishment in 2007, they have produced over 185 unique titles and donated over 85,000 books to libraries, schools, and art programs across the USA. Their mission is to make diverse artistic visions and voices accessible, particularly for students and young adults. Twice a year, local students and community members join Radius Books Inc in packing and shipping over 300 boxes of recent titles. The organization donates around 5,000 to 6,000 books annually, with an average production cost of $30 per book and an average retail value of $60 per book, resulting in an estimated retail value of $360,000. To further support its mission, Radius Books Inc provides about 20% of every print run free of charge and offers its list prices below market standard, enabling all customers to benefit from its non-profit status. Radius Books Inc's activities and projects comprise lectures, workshops, and books that are recognized for their exceptional form and content. With a dedicated workforce of five individuals, Radius Books Inc continues to make a lasting impact through its publishing and donation programs.
Official website here: www.radiusbooks.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
Radius Books Inc has earned an overall score of 88%, reflecting strong performance in accountability and finance. The nonprofit boasts an entirely independent board, which contributes positively to its governance structure. Additionally, the organization performs well in key financial metrics, such as a low liabilities-to-assets ratio and a high program expense ratio, indicating effective allocation of resources towards its mission.
However, there are notable limitations in Radius Books Inc's governance practices. The absence of a whistleblower policy and a document retention and destruction policy is a significant oversight, as these are crucial for transparency and responsible management. Furthermore, the organization does not have its tax form readily available on its website, which could hinder stakeholders' ability to review its financial health comprehensively.
Overall, while Radius Books Inc demonstrates commendable accountability and financial practices, addressing the identified gaps in governance policies would enhance its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Radius Books Inc legitimate?
Radius Books Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Radius Books 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: $86,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,626
For more financial information, click here
Official website here: www.radiusbooks.org
What is the mission statement of Radius Books Inc?
Radius Books Inc's mission is focused on promoting artistic and cultural projects for a wide audience. The organization achieves this through various initiatives, including lectures, workshops, and publishing distinguished books. Their goal is to make these resources accessible to as many individuals as possible, particularly students and young adults. Twice a year, they engage local communities in packing and shipping books to various locations. Furthermore, Radius Books Inc donates a significant portion of its print runs for free and sells its books at lower prices due to its non-profit status, ensuring that the benefits extend to all customers.
Official website here: www.radiusbooks.org
Who is the CEO of Radius Books Inc?
David Chickey is the President of Radius Books Inc.
Official website here: www.radiusbooks.org
What is the revenue of Radius Books Inc?
Radius Books Inc's revenue in 2022 was $879,783.
Official website here: www.radiusbooks.org
Who are the executives of Radius Books Inc and what are their salaries?
The average compensation at Radius Books Inc during 2022 was $60,325. There are 5 employees and 40 volunteers at Radius Books Inc.
Here are 9 key members and their salaries:
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Official website here: www.radiusbooks.org
Where can I find the form 990 for Radius Books Inc?
Radius Books Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.radiusbooks.org
Learn more at the official website: www.radiusbooks.org
Mission Statement of Radius Books Inc
Radius Books Inc, a nonprofit organization, is dedicated to encouraging projects and events of artistic and cultural value for a wide audience. Their mission is to make a significant impact by producing distinguished lectures, workshops, and books that resonate with the public. The organization's projects aim to bring diverse artistic visions and voices into the hands of as many people as possible, with a particular focus on students and young adults.
Twice a year, Radius Books Inc engages local students and the broader Santa Fe community in its efforts to donate over 300 boxes of recent titles. The organization donates about 20% of every print run for free and prices its books below market standard, allowing all customers to benefit from its non-profit status. As a result, Radius Books Inc's list prices typically range from $40 to $65, while books of similar production quality usually retail for between $65 and $150. This approach allows the organization to make its unique and valuable artistic and cultural projects accessible to a wide audience.
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Impact
October, 2024
Radius Books Inc has made a significant impact on the artistic and cultural landscape, particularly in promoting access to diverse artistic visions and voices. Since its inception in 2007, the organization has published over 185 titles, showcasing high-quality content that reflects a wide array of cultural perspectives.
One of its most notable contributions is the extensive donation program, which has provided more than 85,000 books to libraries, schools, and art programs across all 50 states. This effort is particularly aimed at students and young adults, ensuring that emerging voices in the art world are accessible to the next generation. By annually donating thousands of books and inviting local students and community members to participate in packing and shipping efforts, Radius Books fosters a sense of community involvement and support for the arts.
In addition to its philanthropic initiatives, Radius Books also makes a commitment to affordability. By pricing its books below market standards while maintaining high production quality, the organization ensures that art-related literature is accessible to a broader audience. This dual focus on distribution and affordability not only bolsters artistic engagement but also enriches cultural dialogue within communities.
Ultimately, Radius Books Inc's influence extends well beyond publishing; it cultivates artistic appreciation, supports educational initiatives, and champions diverse voices, all while making art accessible to a wide audience.
This information is meant to be a general summary of Radius Books 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: $202,997
- Gross Receipts: $2,310,155
Assets and Liabilities:
- Total Assets: $3,940,457
- Total Liabilities: $638,115
- Net Assets: $3,302,342
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Organization Details
Founding Year
2007
Phone
(505) 983-4068Principal Officer
David Chickey
Main Address
227 EAST PALACE AVE SUITE W, SANTA FE, NM, 87501
Website
www.radiusbooks.orgNTEE Category
Code: A33 - Arts
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