Overview
What is Brooklyn Book Festival Inc?
Brooklyn Book Festival Inc, based in Brooklyn, New York, is a nonprofit organization with a mission to enhance the literary and cultural environment of the area. They achieve this by organizing an annual literary festival in downtown Brooklyn. This event showcases a variety of authors, promoting diverse voices and perspectives in literature. With a team of nine dedicated individuals, Brooklyn Book Festival Inc contributes to the community by fostering a love for reading and fostering cultural exchange through their annual event.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars
Brooklyn Book Festival Inc has earned a commendable Four-Star rating from Charity Navigator, indicating strong financial health and accountability. With an overall score of 92%, the organization excels particularly in its Accountability & Finance, scoring 83%. Highlights include a highly independent board, a robust program expense ratio of 88.61%, and comprehensive policies that effectively safeguard against conflicts of interest and ensure responsible financial practices.
The organization demonstrates excellent engagement with its constituents, achieving a perfect score in feedback collection, usage, and practices. This suggests a strong commitment to community involvement and responsiveness to the needs of those they serve. The high ratings in these areas reflect a vibrant culture focused on inclusivity and transparency.
However, there are some areas for improvement, particularly in the Equity Strategies score, which stands at 73. The organization has not fully developed its equity policies and processes, scoring just 1 out of 7 points. Addressing these limitations could enhance Brooklyn Book Festival Inc's impact and outreach within diverse community sectors.
This AI summary has been generated from information found on Charity Navigator.
Is Brooklyn Book Festival Inc legitimate?
Brooklyn Book Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Book Festival 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: $127,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,949
For more financial information, click here
What is the mission statement of Brooklyn Book Festival Inc?
Brooklyn Book Festival Inc's mission is centered around enhancing the literary and cultural landscape. They achieve this by organizing an annual literary festival. This event serves as a platform to showcase a diverse range of literature and fosters a spirit of cultural exchange. The festival aims to engage and inspire the community, providing an opportunity for authors, readers, and enthusiasts to connect and share their passion for literature. The festival's presence in Brooklyn contributes to the city's rich literary tradition, enriching its cultural fabric.
Who is the CEO of Brooklyn Book Festival Inc?
Marisa Farina is the President of Brooklyn Book Festival Inc.
What is the revenue of Brooklyn Book Festival Inc?
Brooklyn Book Festival Inc's revenue in 2022 was $459,408.
Who are the executives of Brooklyn Book Festival Inc and what are their salaries?
The average compensation at Brooklyn Book Festival Inc during 2022 was $20,661. There are 9 employees at Brooklyn Book Festival Inc.
Here are 13 key members and their salaries:
- Compensation: $63,500
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Where can I find the form 990 for Brooklyn Book Festival Inc?
Brooklyn Book Festival Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Brooklyn Book Festival Inc
Brooklyn Book Festival Inc, as a nonprofit organization, aims to elevate the literary and cultural landscape of Brooklyn. They achieve this goal by annually organizing a literary festival, serving as a platform for authors, writers, and literature enthusiasts to engage and share their work. By doing so, the festival enhances the literary environment, fostering a sense of community and appreciation for literature in Brooklyn.
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Impact
July, 2024
Brooklyn Book Festival Inc's impact lies in enriching the literary and cultural environment of Brooklyn through the annual presentation of a literary festival in downtown Brooklyn. This event serves as a platform for authors, readers, and literary enthusiasts to come together, celebrate literature, and engage in meaningful discussions. By fostering a community of readers and writers, Brooklyn Book Festival Inc contributes to the vibrant cultural landscape of Brooklyn, promoting education and artistic expression.
This information is meant to be a general summary of Brooklyn Book Festival 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: $19
- Program Service Revenue: $101,991
- Gross Receipts: $459,408
Assets and Liabilities:
- Total Assets: $120,585
- Total Liabilities: $23,405
- Net Assets: $97,180
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Services
Revenue
$101,991
Organization Details
Founding Year
2014
Phone
(718) 625-1235Principal Officer
Marisa Farina
Main Address
249 Smith Street PMB 106, Brooklyn, NY, 11231
NTEE Category
Code: B19 - Education
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