Overview
What is Electric Lit Inc?
Electric Lit Inc, operating under the name Electric Literature, is a distinguished nonprofit organization based in Kingston, New York. With a dedicated team of three individuals, they have carved a niche for themselves in the literary world, boasting one of the largest audiences for short stories globally with over 100,000 readers annually. Their primary endeavor is the publication of a weekly fiction magazine, known as Recommended Reading, which features experimental prose, poetry, and graphic narrative. Additionally, they release The Commuter, a weekly magazine that caters to short, innovative pieces. The organization's mission is threefold: to keep literature a vital part of popular culture, to amplify storytelling through digital innovation, and to support writers in their craft. They accomplish this by operating literary websites, developing innovative publishing projects, and hosting free literary events that are open to the public. This approach to literature aims to ensure that it remains a vibrant presence in contemporary culture.
Official website here: www.electricliterature.com
Is Electric Lit Inc legitimate?
Electric Lit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Electric Lit 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: $56,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,127
For more financial information, click here
Official website here: www.electricliterature.com
What is the mission statement of Electric Lit Inc?
Electric Literature, as an organization, is committed to keeping literature a significant part of modern culture through digital innovation and supporting writers. They aim to amplify the impact of storytelling by utilizing new technologies and fostering a literary community. To accomplish this mission, Electric Literature operates literary websites, develops innovative publishing projects, and hosts free literary events open to the public. This approach ensures that literature remains a vibrant and engaging aspect of popular culture, while also providing a platform for writers to showcase their work.
Official website here: www.electricliterature.com
Who is the CEO of Electric Lit Inc?
Russell A Hunter is the Executive Director of Electric Lit Inc.
Official website here: www.electricliterature.com
What is the revenue of Electric Lit Inc?
Electric Lit Inc's revenue in 2022 was $411,473.
Official website here: www.electricliterature.com
Who are the executives of Electric Lit Inc and what are their salaries?
The average compensation at Electric Lit Inc during 2022 was $65,367. There are 3 employees and 28 volunteers at Electric Lit Inc.
Here are 8 key members and their salaries:
- Compensation: $64,500
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Official website here: www.electricliterature.com
Where can I find the form 990 for Electric Lit Inc?
Electric Lit Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.electricliterature.com
Learn more at the official website: www.electricliterature.com
Mission Statement of Electric Lit Inc
Electric Lit Inc, a nonprofit organization, is committed to keeping literature an essential part of popular culture. They achieve this mission through digital innovation and supporting writers. Their strategy involves amplifying the power of storytelling by embracing new technologies and building a literary community. They operate literary websites, develop innovative publishing projects, and host free literary events open to the public. By doing so, Electric Lit Inc ensures literature remains a vibrant presence in contemporary culture, supporting writers and fostering a literary community.
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Impact
October, 2024
Electric Lit Inc significantly impacts the literary landscape by revitalizing the presence of literature in popular culture through innovative digital initiatives. By operating platforms like the *Recommended Reading* magazine, which attracts over 100,000 readers annually, it provides a crucial space for literary short stories and engages a vast audience. Their *Commuter* magazine further enriches this engagement by publishing short, experimental prose, poetry, and graphic narratives, showcasing diverse storytelling forms.
Through its commitment to supporting writers and fostering a literary community, Electric Lit empowers authors and promotes a wide array of voices. Their efforts in developing innovative publishing projects and hosting free literary events enhance accessibility to literature, nurturing a vibrant culture around storytelling. By embracing new technologies, Electric Lit connects contemporary audiences with literature, ensuring that storytelling continues to thrive in a rapidly evolving digital age.
This information is meant to be a general summary of Electric Lit 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.
- Program Service Revenue: $148,678
- Gross Receipts: $423,950
Assets and Liabilities:
- Total Assets: $24,342
- Total Liabilities: $39,200
- Net Assets: -$14,858
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING INCOME
Revenue
$75,358
SERVICES INCOME
Revenue
$73,320
Organization Details
Founding Year
2014
Phone
(323) 839-6204Principal Officer
Russell A Hunter
Main Address
15 Adams Street, Kingston, NY, 12401
Website
www.electricliterature.comNTEE Category
Code: S99 - Community improvement
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