Overview
What is Texas Institute Of Letters?
The Texas Institute of Letters is a distinguished nonprofit organization situated in Texas. Their primary mission is to foster interest in Texas literature and acknowledge exceptional literary achievements. They accomplish this by honoring and rewarding exceptional writing in the Lone Star State through their literary awards program. Furthermore, they offer scholarships to budding writers, aiming to nurture and encourage talent in the field. In essence, the Texas Institute of Letters serves as a platform to recognize and support fine writing in Texas.
Official website here: www.texasinstituteofletters.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. This score reflects an overall strong performance in accountability and finance for the Texas Institute of Letters, primarily driven by its commitment to transparency and governance.
The organization boasts a perfect score in several key areas, including having a majority of independent board members and no material diversion of assets, which speaks to its solid governance structure. Additionally, the institute maintains a high program expense ratio of over 90%, indicating that most of its funds are directed toward its mission rather than administrative costs.
However, there are a couple of areas where the organization falls short, such as the absence of a whistleblower policy and document retention and destruction policies, which are currently marked as missing. While these gaps do not significantly impact its overall financial health, they are important aspects of organizational accountability that could be improved.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Institute Of Letters legitimate?
Texas Institute Of Letters is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Institute Of Letters 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:
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Official website here: www.texasinstituteofletters.org
What is the mission statement of Texas Institute Of Letters?
The Texas Institute of Letters, a non-profit organization, is dedicated to promoting interest in Texas literature and recognizing distinguished literary achievements. They accomplish this mission by honoring exceptional writing through their literary awards program and offering scholarships to emerging writers. The institution's purpose is to stimulate appreciation for Texas letters and celebrate notable literary accomplishments within the state.
Official website here: www.texasinstituteofletters.org
Who is the CEO of Texas Institute Of Letters?
Cliff Hudder is the President of Texas Institute Of Letters.
Official website here: www.texasinstituteofletters.org
What is the revenue of Texas Institute Of Letters?
Texas Institute Of Letters's revenue in 2022 was $100,800.
Official website here: www.texasinstituteofletters.org
Who are the executives of Texas Institute Of Letters and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.texasinstituteofletters.org
Where can I find the form 990 for Texas Institute Of Letters?
Texas Institute Of Letters's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texasinstituteofletters.org
Learn more at the official website: www.texasinstituteofletters.org
Mission Statement of Texas Institute Of Letters
The Texas Institute of Letters is a non-profit organization dedicated to fostering an interest in Texas literature and recognizing distinguished literary achievements. Its mission is twofold: firstly, to stimulate curiosity and appreciation for Texas letters; and secondly, to honor exceptional writing within the Lone Star State. To achieve these objectives, the Texas Institute of Letters implements a literary awards program and offers scholarships to aspiring writers, thereby recognizing and rewarding fine writing in Texas. By doing so, the organization contributes to the promotion and celebration of literary excellence in the state.
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Impact
October, 2024
The Texas Institute of Letters plays a crucial role in fostering and celebrating the literary arts in Texas. By recognizing and rewarding fine writing through a robust awards program, it highlights the achievements of authors and poets, thereby stimulating interest in Texas literature. This recognition not only honors established writers but also encourages aspiring writers via scholarships, nurturing the next generation of literary talent. The institute contributes to a vibrant literary culture in Texas, reinforcing the importance of literature as a means of expression and cultural reflection within the state. Its efforts unite writers and readers, promoting a shared appreciation for the diverse voices and stories that emerge from Texas.
This information is meant to be a general summary of Texas Institute Of Letters. 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: $23,302
- Program Service Revenue: $9,350
- Gross Receipts: $100,800
Assets and Liabilities:
- Total Assets: $1,032,175
- Total Liabilities: $938
- Net Assets: $1,031,237
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTEST ENTRY FEES
Revenue
$3,290
BANQUET
Revenue
$6,060
Organization Details
Founding Year
1936
Phone
(832) 721-9332Principal Officer
Cliff Hudder
Main Address
PO BOX 130294, SPRING, TX, 77393
NTEE Category
Code: B82 - Education
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