Overview
What is Texas Book Festival?
The Texas Book Festival is a nonprofit organization situated in Austin, Texas, specifically at 1023 Springdale Rd Bldg 14 Unit B. Their primary mission is to foster a love for reading and literacy within the state of Texas. They achieve this through their annual Texas Book Festival and various related events. The festival serves as a platform for connecting authors with readers, promoting the culture of ideas, literature, and imagination. Furthermore, the proceeds from these events are distributed to libraries across the state, contributing to their growth and development. With a team of 11 dedicated individuals, the Texas Book Festival plays a significant role in nurturing Texas's literary landscape.
Official website here: www.texasbookfestival.org
What are the reviews and ratings of this charity?
92% rating from Charity Navigator indicating a Four-Star out of Four Star rating reflects strong accountability and financial management for the Texas Book Festival. The organization's high score in Accountability & Finance is primarily attributed to its independent board, which consists entirely of independent members and demonstrates effective oversight through an audit committee.
Financial practices are robust, with no material diversion of assets reported and a low liabilities-to-assets ratio. Additionally, the Texas Book Festival maintains a high program expense ratio, indicating a significant portion of its funds is directed toward its programs, although there is a slight deduction in the score due to this ratio not being above the optimal threshold.
One noted limitation is the absence of a whistleblower policy, which could signal a gap in internal governance practices. Overall, the Texas Book Festival demonstrates a commitment to transparency and effective use of resources, making it a reliable organization for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Texas Book Festival?
90% of the 57 reviewers on Facebook recommend the Texas Book Festival. Here’s a summary of their insights:
Many attendees appreciate the engaging sessions and the insightful discussions led by notable speakers, which foster a stimulating atmosphere for book lovers. One reviewer highlighted a particularly informative talk with Walter Isaacson, indicating that the sessions leave a lasting impression and inspire curiosity about literature.
However, there are some concerns, notably regarding the book sales tent managed by BookPeople. One reviewer expressed disappointment due to the lack of availability of Isaacson’s book shortly after his session, suggesting that the local bookseller struggled with demand during a peak time. This oversight affected the experience, especially considering that proceeds from sales were intended to benefit Texas libraries and Hurricane Harvey relief efforts. While most feedback reflects a positive experience, the logistics of the festival could use some improvement to ensure all attendees leave satisfied.
This AI summary has been generated from reviews found on Facebook.
Is Texas Book Festival legitimate?
Texas Book Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Book Festival 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: $147,684
Professional Fundraising Fees: $0
Other Salaries and Wages: $454,799
For more financial information, click here
Official website here: www.texasbookfestival.org
What is the mission statement of Texas Book Festival?
The mission of the Texas Book Festival, as stated, is to foster a connection between authors and readers by providing engaging experiences that celebrate the value of literature, ideas, and imagination. This organization strives to promote literacy and inspire creativity by organizing events that bring both renowned authors and avid readers together. Proceeds from these activities, such as the annual Texas Book Festival, are typically channeled towards supporting libraries across the state, thereby encouraging a culture of reading.
Official website here: www.texasbookfestival.org
Who is the CEO of Texas Book Festival?
Dalia Azim is the Principal Officer of Texas Book Festival.
Official website here: www.texasbookfestival.org
What is the revenue of Texas Book Festival?
Texas Book Festival's revenue in 2022 was $2,413,338.
Official website here: www.texasbookfestival.org
Who are the executives of Texas Book Festival and what are their salaries?
The average compensation at Texas Book Festival during 2022 was $54,771. There are 11 employees and 901 volunteers at Texas Book Festival.
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Official website here: www.texasbookfestival.org
Where can I find the form 990 for Texas Book Festival?
Texas Book Festival's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texasbookfestival.org
Learn more at the official website: www.texasbookfestival.org
Mission Statement of Texas Book Festival
The Texas Book Festival, as a nonprofit organization, aims to foster a connection between authors and readers by organizing experiences that celebrate the essence of literacy, concepts, and creativity. Through these events, it promotes an environment that appreciates the significance of literature, ideas, and imagination. The primary objective of this organization is to engage readers and writers, thereby nurturing a culture that values literature and the power of ideas. To achieve this, the Texas Book Festival organizes various activities, with the annual Texas Book Festival serving as its flagship event. The proceeds generated from these events are utilized to support libraries across Texas, thereby promoting literacy in the state.
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Impact
July, 2024
The Texas Book Festival has a significant impact on promoting reading and literacy in Texas. Through its annual festival and related events, the organization connects authors and readers in experiences that celebrate the culture of literacy, ideas, and imagination. The funds raised by the festival are awarded to libraries throughout the state, further supporting literacy initiatives and education. The festival's impact extends beyond providing a platform for authors and readers to engage, contributing to the overall literary culture and community in Texas.
This information is meant to be a general summary of Texas Book Festival. 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: $44,541
- Program Service Revenue: $126,249
- Gross Receipts: $2,689,247
Assets and Liabilities:
- Total Assets: $2,088,094
- Total Liabilities: $6,240
- Net Assets: $2,081,854
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Festival revenues
Revenue
$126,249
Organization Details
Founding Year
1996
Phone
(512) 477-4055Principal Officer
Dalia Azim
Main Address
1023 Springdale Rd Bldg 14 Unit B, Austin, TX, 78721
Website
www.texasbookfestival.orgNTEE Category
Code: N52 - Recreation
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