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Deep Vellum Publishing

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

EIN: 463099904 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Deep Vellum Publishing?

Deep Vellum Publishing is a renowned nonprofit organization located in Dallas, Texas. Known for its significant growth in 2022, the publishing house published 52 books, maintaining the same number as the previous year but with increased sales and critical attention. Deep Vellum highlights authors from various corners of the world, including Ukraine, Mauritius, Mexico, and more, with a focus on becoming the largest publisher of new translations into English. With a catalog of books by authors from more than 90 countries and 65 languages, they have become a global leader in this field. Offering both in-person and virtual events, their bookstore serves as the heart of their operations, providing a platform for underrepresented authors to showcase their work. In 2022, Deep Vellum partnered with D Magazine and the Communities Foundation of Texas to relaunch a citywide book club, Big D Reads, distributing 30,000 free copies of their books and hosting over 200 events to discuss contemporary issues. The organization's mission is to bring diverse literary voices into conversation, fostering a more vibrant literary community beyond Dallas.


Official website here: www.deepvellum.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 73%)

Deep Vellum Publishing has received a rating of "Needs Improvement" from Charity Navigator, indicating some areas of concern in its operational practices. The organization has a strong Culture & Community score of 95, reflecting a positive internal environment and engagement with its community. However, the overall Accountability & Finance score of 70 suggests room for improvement in financial management and governance practices.

The organization demonstrates a commendable commitment to transparency and accountability, with 100% of its board members being independent and a well-documented approach to conflict of interest and financial disclosures. Its program expense ratio of 84.69% indicates that a significant portion of its funds is directed towards programmatic activities, which is a positive sign for its mission-driven operations.

Despite these strengths, the absence of a whistleblower policy raises concerns about internal reporting mechanisms and employee protections. Additionally, the liabilities to assets ratio of 64.73% may point to potential financial vulnerabilities. Overall, while Deep Vellum Publishing shows promising attributes, addressing these gaps could enhance its standing and operational effectiveness in the nonprofit sector.


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

What do the Facebook reviews say about Deep Vellum Publishing?

100% of 10 reviewers on Facebook recommend Deep Vellum Publishing. Here is a summary of their reviews:

The atmosphere at Deep Vellum Publishing is praised for being inviting and relaxed, creating a wonderful environment for readers to enjoy. Many users appreciate the charm and accessibility of the space, highlighting its welcoming nature.

Overall, patrons feel positively about their experiences here, indicating that the nonprofit successfully fulfills its mission to foster a love of literature and support the reading community. This sentiment reflects a strong connection between Deep Vellum Publishing and its audience.


This AI summary has been generated from reviews found on Facebook.

Is Deep Vellum Publishing legitimate?

Deep Vellum Publishing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deep Vellum Publishing 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: $76,364
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,894

For more financial information, click here


Official website here: www.deepvellum.org

What is the mission statement of Deep Vellum Publishing?

Deep Vellum Publishing strives to foster global dialogue through literature by showcasing underrepresented, marginalized, and significant literary voices. Their mission is to build a more vibrant literary community, not just in Dallas, but beyond. In 2022, they published an impressive 52 books, maintaining their status as the world's largest publisher of new translations into English. These books hailed from various authors across the globe, furthering their commitment to diversity. Through their literary events and initiatives, they aim to make these authors' voices heard, ensuring their works reach a broader audience. Their bookstore serves as the heart of their organization, offering a platform for these authors and their literary contributions.


Official website here: www.deepvellum.org

Who is the CEO of Deep Vellum Publishing?

Will Evans is the President of Deep Vellum Publishing.


Official website here: www.deepvellum.org

What is the revenue of Deep Vellum Publishing?

Deep Vellum Publishing's revenue in 2022 was $1,158,801.


Official website here: www.deepvellum.org

Who are the executives of Deep Vellum Publishing and what are their salaries?

The average compensation at Deep Vellum Publishing during 2022 was $31,438. There are 12 employees and 75 volunteers at Deep Vellum Publishing.


Here are 9 key members and their salaries:


Linda Mowl (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlo Melucci (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Restrepo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Flabiano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Kornajcik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bemnet Meshesha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jhubin Moghaddamfar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Evans (Executive Director)
  • Compensation: $69,504
  • Related: $0
  • Other: $6,860


Official website here: www.deepvellum.org

Where can I find the form 990 for Deep Vellum Publishing?

Deep Vellum Publishing's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.deepvellum.org

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

Mission Statement of Deep Vellum Publishing

Deep Vellum Publishing, an organization dedicated to literature, strives to foster conversation globally by promoting underrepresented, marginalized, and vital literary voices. Their mission is multifaceted, encompassing the publication of diverse authors from various corners of the world and the cultivation of a more vibrant literary community beyond Dallas. Deep Vellum Publishing has become a leader in publishing new translations, showcasing works from authors in over 90 countries, writing in 65 languages. In 2022, they published 52 books, maintaining their commitment to diversity and excellence, with many titles receiving critical acclaim and attracting widespread attention.

Deep Vellum Publishing's mission extends beyond publishing. They are committed to fostering a literary community and engaging with readers through various events. Their bookstore serves as a hub for their activities, providing a platform for authors who may not receive the recognition they deserve elsewhere. In 2022, they hosted numerous literary events, including author readings, open mic nights, and poetry sessions, allowing readers to connect with the authors and their work. They also initiated the appointment of Dallas's first-ever Poet Laureate, Joaquin Zihuatanejo, further strengthening their role in nurturing the literary community. Deep Vellum Publishing's mission is to bring the world into conversation through literature, providing a platform for diverse voices and fostering a more engaged and vibrant literary community.

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Impact




July, 2024

Deep Vellum Publishing has made a significant impact by bringing underrepresented, marginalized, and vital literary voices to the forefront. In 2022 alone, they published 52 books by authors from 25 different countries, showcasing a diverse range of perspectives. Their work has not gone unnoticed, with many of their books receiving coverage in prestigious publications like The New York Times and The New Yorker.

Furthermore, Deep Vellum is responsible for hosting numerous literary events in their bookstore and across Dallas, fostering a vibrant literary community. Their initiatives, such as partnering with the city to create the first-ever Dallas Poet Laureate position, demonstrate their commitment to promoting the literary arts.

One of Deep Vellum's most impactful programs was the relaunch of the citywide book club Big D Reads, where they distributed 30,000 free copies of a book to engage the community in discussions on important social issues. This initiative has been praised as the largest publishing event in Dallas's history, underscoring Deep Vellum's dedication to sparking meaningful conversations through literature.




This information is meant to be a general summary of Deep Vellum Publishing. 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
$1,158,801 (2022)
Expenses
$1,187,802 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $22,332
  • Gross Receipts: $1,796,122

Assets and Liabilities:

  • Total Assets: $936,264
  • Total Liabilities: $606,187
  • Net Assets: $330,077

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Programs

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

PUBLISHING FEES

Revenue

$22,332

Organization Details

Founding Year

2013

Principal Officer

Will Evans

Main Address

3000 COMMERCE ST, DALLAS, TX, 75226

NTEE Category

Code: A33 - Arts

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