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Open Book

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

EIN: 411922193 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Open Book?

Open Book is a thriving literary arts center situated in an unspecified location. It serves as a welcoming hub for a diverse Book community, fostering artistic collaboration between various organizations and individuals. The center encourages engagement with Book arts and the written and spoken word, aiming to broaden the community's perspective. Moreover, Open Book provides a stable home for three prominent non-profit literary and Book arts organizations, thereby ensuring a sustainable future for these organizations. The center's mission is to inspire and support the literary community, acting as a catalyst for artistic growth and development.


Official website here: www.openbookmn.org

Is Open Book legitimate?

Open Book is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Book 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,161

For more financial information, click here


Official website here: www.openbookmn.org

What is the mission statement of Open Book?

Open Book, as a literary arts center, aims to foster a thriving literary community by serving as a hub for artistic collaboration. It encourages engagement with Book arts and the spoken and written word. Furthermore, Open Book provides a long-term home for various non-profit literary and Book arts organizations. By doing so, it aims to act as a catalyst, bringing these organizations together and inviting broader community involvement.


Official website here: www.openbookmn.org

Who is the CEO of Open Book?

Unavailable


Official website here: www.openbookmn.org

What is the revenue of Open Book?

Open Book's revenue in 2022 was $449,004.


Official website here: www.openbookmn.org

Who are the executives of Open Book and what are their salaries?

The average compensation at Open Book during 2022 was $14,880. There are 7 employees at Open Book.


Here are 11 key members and their salaries:


Susan Lenfestey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Collison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Evenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Schott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hema Viswanathan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elysa Voshell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Slager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Crosby (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Murphy (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arleta Little (Acting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.openbookmn.org

Where can I find the form 990 for Open Book?

Open Book's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.openbookmn.org

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

Mission Statement of Open Book

Open Book, a prominent literary arts center, serves as a hub for artistic collaboration and community engagement in Book arts and the written and spoken word. Its mission is to foster a vibrant Book community by acting as a catalyst for artistic collaboration and encouraging broader participation in Book arts. Additionally, Open Book provides a stable home for three leading non-profit literary arts organizations, serving as a vital resource within the literary arts community. By bringing together artists and the broader community, Open Book inspires and supports the growth and development of Book arts and literature.

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Impact




October, 2024

Open Book significantly enhances the literary landscape in Minneapolis by fostering a dynamic environment for artistic collaboration and community engagement. It serves as a central hub for book arts, welcoming diverse voices and encouraging creative expression through various literary activities. By housing three prominent literary arts organizations, Open Book helps to nurture and support writers, poets, and artists, ensuring that the literary community thrives.

The center's commitment to engaging the broader public in the written and spoken word cultivates a vibrant culture of literacy and appreciation for the arts. It provides resources, programs, and events that inspire individuals of all ages to explore literature, expand their creativity, and participate in discussions that matter. Through its efforts, Open Book plays a crucial role in elevating the visibility and accessibility of book arts, promoting a love for storytelling, and strengthening community ties around shared literary experiences. This impact not only enriches the lives of individuals but also contributes to the cultural fabric of Minneapolis as a whole.




This information is meant to be a general summary of Open Book. 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
$449,004 (2022)
Expenses
$761,376 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19,162
  • Program Service Revenue: $372,351
  • Gross Receipts: $449,004

Assets and Liabilities:

  • Total Assets: $3,876,583
  • Total Liabilities: $98,056
  • Net Assets: $3,778,527

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Programs

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

Rental income

Revenue

$372,351

Organization Details

Founding Year

1998

Main Address

1011 Washington Ave S STE 2, Minneapolis, MN, 55415

NTEE Category

Code: A70 - Arts

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