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Lambda Literary Foundation

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

EIN: 521996380 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Lambda Literary Foundation?

The Lambda Literary Foundation, situated in New York, New York, is a nonprofit organization dedicated to nurturing and advocating for writers within the LGBTQ+ community. Their primary mission is to celebrate, promote, and preserve lesbian, gay, bisexual, and transgender literature. This is achieved through various programs that honor excellence, boost visibility, and support the development of emerging writers. The foundation hosts an annual award gala, known as the Lambda Literary Awards, to recognize authors of outstanding LGBTQ+ books. With a team of 10 dedicated individuals, the Lambda Literary Foundation works tirelessly to elevate the impact of LGBTQ+ literature and foster a sense of community within this literary sphere.


Official website here: www.lambdaliterary.org

Is Lambda Literary Foundation legitimate?

Lambda Literary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lambda Literary Foundation 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: $137,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $455,963

For more financial information, click here


Official website here: www.lambdaliterary.org

What is the mission statement of Lambda Literary Foundation?

The Lambda Literary Foundation's mission is to support, celebrate, and preserve lesbian, gay, bisexual, and transgender (LGBT) literature. They achieve this by implementing programs that honor excellence, promote visibility, and encourage the development of emerging writers. One of their primary initiatives is the Lambda Literary Awards, an annual event that recognizes authors of outstanding LGBT books based on the evaluations of a panel of experts. The foundation's efforts aim to nurture and elevate the impact of LGBT literature, thereby fostering a sense of community within this literary sector.


Official website here: www.lambdaliterary.org

What is the revenue of Lambda Literary Foundation?

Lambda Literary Foundation's revenue in 2023 was $1,694,395.


Official website here: www.lambdaliterary.org

Who are the executives of Lambda Literary Foundation and what are their salaries?

The average compensation at Lambda Literary Foundation during 2023 was $53,945. There are 11 employees and 42 volunteers at Lambda Literary Foundation.

Here are 12 key members and their salaries:


Roz Lee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Marra (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Guinsler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Michael Samuel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Beckstead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Blackmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Tm Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darnell Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Mobley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent D Wolf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samiya Bashir (Executive Director (Former))
  • Compensation: $54,375
  • Related: $0
  • Other: $1,450
Dolph Goldenburg (Interim Executive Dir. (From 11/23))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lambdaliterary.org

Where can I find the form 990 for Lambda Literary Foundation?

Lambda Literary Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lambdaliterary.org

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

Mission Statement of Lambda Literary Foundation

The Lambda Literary Foundation, an organization dedicated to nurturing and advocating for LGBTQ writers, strives to elevate the impact of their words and create a sense of community. Its mission is threefold: to honor excellence in LGBT literature, promote visibility for these authors, and encourage the development of emerging writers. The foundation achieves this by organizing the Lambda Literary Awards, an annual event that recognizes authors of outstanding LGBT books, selected based on their literary merit by a panel of experts. By nurturing, celebrating, and preserving LGBT literature, the Lambda Literary Foundation plays a significant role in fostering a vibrant and inclusive literary landscape.

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Impact




October, 2024

The Lambda Literary Foundation plays a vital role in nurturing and advocating for LGBTQ writers, significantly elevating the impact of their words within the community. Through initiatives like the Lambda Literary Awards, the foundation honors exceptional authors of LGBTQ literature, providing recognition that helps elevate their voices and stories. By curating a panel of experts to review and select outstanding works, the foundation not only celebrates literary excellence but also promotes visibility for LGBTQ narratives, ensuring these vital stories are shared widely. Additionally, the foundation fosters the development of emerging writers, helping to shape the future of LGBTQ literature and create a vibrant, inclusive literary community. Through its programs, Lambda Literary Foundation preserves and celebrates the rich tapestry of LGBTQ literature, making a lasting impact on both writers and readers.




This information is meant to be a general summary of Lambda Literary Foundation. 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
$1,694,395 (2023)
Expenses
$1,677,991 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,256
  • Program Service Revenue: $255,784
  • Gross Receipts: $1,694,395

Assets and Liabilities:

  • Total Assets: $1,297,653
  • Total Liabilities: $245,564
  • Net Assets: $1,052,089

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Programs

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

PROGRAM SERVICE FEES

Revenue

$203,982

WRITERS' RETREAT

Revenue

$47,327

LAMBDA LITERARY REVIEW

Revenue

$3,437

LAMBDA LITERARY AWARDS

Revenue

$1,038

Organization Details

Founding Year

1996

Principal Officer

Dolph Goldenburg

NTEE Category

Code: A70 - Arts

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