The Sun Publishing Company

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

EIN: 561187623 ✦ Chapel hill, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Sun Publishing Company?

The Sun Publishing Company, located at 107 N Roberston Street, Chapel Hill, North Carolina, is a distinguished nonprofit organization. Specializing in the production and distribution of a monthly literary magazine and a corresponding website, this company offers an ad-free platform for diverse content. The magazine showcases an assortment of personal essays, interviews, fiction, poetry, and photography, providing a unique blend of literary expression. The Sun Publishing Company employs a team of 17 individuals, dedicated to curating and disseminating this eclectic mix of literary treasures.


Official website here: www.thesunmagazine.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

The Sun Publishing Company has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored particularly well in areas such as independent board membership, asset management, and program expense ratio, reflecting a commitment to transparency and responsible financial practices. Its accountability score of 81% suggests that the charity effectively manages its resources and operates with a high level of integrity.

While the organization demonstrates solid governance by maintaining a majority of independent board members and a clear conflict of interest policy, it does have a notable limitation in the absence of a whistleblower policy. This gap could potentially affect the organization's ability to address internal concerns confidentially and protect those who report issues. However, the charity has adequate measures in place regarding document retention and meeting minutes, which contribute positively to its overall score.

Overall, The Sun Publishing Company shows commendable fiscal responsibility and governance practices, making it a reliable option for donors seeking to support nonprofits with transparent operations. Addressing the missing whistleblower policy would further enhance its accountability framework.


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

Is The Sun Publishing Company legitimate?

The Sun Publishing Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sun Publishing Company 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: $289,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thesunmagazine.org

What is the mission statement of The Sun Publishing Company?

The Sun Publishing Company operates an ad-free monthly magazine, publishing a diverse selection of content including personal essays, interviews, fiction, poetry, and photographs. Its mission, as stated, aligns with this, focusing on the publication of this eclectic mix. The company's objective is not explicitly mentioned in the provided information, but it can be inferred that the mission could be to provide a platform for diverse voices and perspectives in literature and art. The publication and distribution of this magazine, along with a corresponding website, are part of the company's activities.


Official website here: www.thesunmagazine.org

What is the revenue of The Sun Publishing Company?

The Sun Publishing Company's revenue in 2023 was $2,755,614.


Official website here: www.thesunmagazine.org

Who are the executives of The Sun Publishing Company and what are their salaries?

The average compensation at The Sun Publishing Company during 2023 was $17,007. There are 17 employees at The Sun Publishing Company.

Here are 5 key members and their salaries:


Seymour Safransky (President)
  • Compensation: $75,097
  • Related: $0
  • Other: $0
Lewis Lipsitz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Calderwood (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Safransky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bowers (Publisher)
  • Compensation: $197,700
  • Related: $0
  • Other: $0


Official website here: www.thesunmagazine.org

Where can I find the form 990 for The Sun Publishing Company?

The Sun Publishing Company's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thesunmagazine.org

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

Mission Statement of The Sun Publishing Company

The Sun Publishing Company, as a monthly magazine, embarks on a mission to disseminate an assortment of engaging content. This ad-free publication showcases a diverse array of personal essays, interviews, fiction, poetry, and photographs. By doing so, it offers readers an eclectic mix of thought-provoking and captivating material, thereby fostering intellectual curiosity and stimulation. The magazine's mission is not only limited to the printed pages but extends to its online presence as well, ensuring that its content reaches a broad audience.

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Impact




July, 2024

The Sun Publishing Company has made a significant impact in the literary world through its publication of an ad-free monthly magazine that showcases a diverse range of personal essays, interviews, fiction, poetry, and photographs. Based in Chapel Hill, North Carolina, the company's commitment to producing quality literary content has provided a platform for both established and emerging writers and artists to share their work with a wide audience. The Sun's dedication to promoting the arts and offering a space for creative expression has contributed to enriching the cultural landscape and providing a source of inspiration for readers around the world.




This information is meant to be a general summary of The Sun Publishing Company. 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
$2,755,614 (2023)
Expenses
$3,201,782 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $26,138
  • Program Service Revenue: $1,948,369
  • Gross Receipts: $2,755,614

Assets and Liabilities:

  • Total Assets: $2,884,454
  • Total Liabilities: $58,216
  • Net Assets: $2,826,238

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Programs

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

Subscriptions

Revenue

$1,878,192

Circulation

Revenue

$18,964

Books

Revenue

$17,389

Submittable

Revenue

$29,925

Back Issues

Revenue

$3,899

Organization Details

Founding Year

1977

Principal Officer

Robert Bowers

NTEE Category

Code: A33 - Arts

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