2024-02-22T15:12:15-06:00 2023-04-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2022-05-01 133347524 NATIONAL BOOK FOUNDATION INC NATI 2126850261 90 BROAD STREET 604 NEW YORK NY 10004 RUTH DICKEY EXECUTIVE DIRECTOR 2126850261 2024-02-22 1 RUTH DICKEY 999009999 0 MICHAEL WALLACE P00881958 2126972299 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RUTH DICKEY 90 BROAD STREET 604 NEW YORK NY 10004 2861698 0 X WWW.NATIONALBOOK.ORG X 1986 NY THE MISSION OF THE NATIONAL BOOK FOUNDATION IS TO CELEBRATE THE BEST LITERATURE PUBLISHED IN THE UNITED STATES, EXPAND ITS AUDIENCE, AND ENSURE THAT BOOKS HAVE A PROMINENT PLACE IN OUR CULTURE. 17 17 13 30 0 0 3324591 1790565 518852 494534 -7731 110276 663 595 3836375 2395970 1826000 120001 0 0 1028397 1216268 0 0 328237 817212 1040347 3671609 2376616 164766 19354 4696616 4829963 213598 335926 4483018 4494037 X THE MISSION OF THE NATIONAL BOOK FOUNDATION IS TO CELEBRATE THE BEST LITERATURE PUBLISHED IN THE UNITED STATES, EXPAND ITS AUDIENCE, AND ENSURE THAT BOOKS HAVE A PROMINENT PLACE IN OUR CULTURE. 0 0 1838345 120001 494534 AWARDS AND HONORSTHE NATIONAL BOOK AWARDS (NBAS) ARE ONE OF THE NATION'S MOST PRESTIGIOUS LITERARY PRIZES, WITH A STELLAR RECORD OF IDENTIFYING AND REWARDING QUALITY WRITING. WITHIN A DECADE OF ITS FOUNDING IN 1950, THE NBAS ACKNOWLEDGED THE WORK OF WRITERS SUCH AS HANNAH ARENDT, W.H. AUDEN, SAUL BELLOW, TRUMAN CAPOTE, RACHEL CARSON, RALPH ELLISON, WILLIAM FAULKNER, MARIANNE MOORE, VLADIMIR NABOKOV, FLANNERY O'CONNOR, KATHERINE ANNE PORTER, ADRIENNE RICH, EUDORA WELTY, AND WILLIAM CARLOS WILLIAMS-AUTHORS WHO HAVE HELPED SHAPE THE FOUNDATION OF LITERATURE IN THE UNITED STATES. (CONTINUES ON SCHEDULE O)THIS TRADITION CONTINUES, WITH THE NBAS TODAY HONORING A DIVERSE COMMUNITY OF WRITERS INCLUDING ELIZABETH ACEVEDO, ROBERT A. CARO, MASHA GESSEN, TERRANCE HAYES, IBRAM X. KENDI, LASZLO KRASZNAHORKAI, JACQUELINE WOODSON, JESMYN WARD, AND COLSON WHITEHEAD, AMONG MANY OTHERS. AWARDS ARE SELECTED BY A PANEL OF PEER WRITERS AND LITERARY LEADERS, AND ARE CURRENTLY PRESENTED IN FIVE CATEGORIES: FICTION, NONFICTION, POETRY, TRANSLATED LITERATURE, AND YOUNG PEOPLE'S LITERATURE. IN FISCAL YEAR 2023 THE WINNERS WERE, RESPECTIVELY: RABBIT HUTCH BY TESS GUNTY; SOUTH TO AMERICA: A JOURNEY BELOW THE MASON-DIXON TO UNDERSTAND THE SOUL OF A NATION BY IMANI PERRY; PUNKS BY JOHN KEENE; SEVEN EMPTY HOUSES BY SAMANTA SCHWEBLIN, TRANSLATED BY MEGAN MCDOWELL; AND ALL MY RAGE BY SABAA TAHIR. THE NATIONAL BOOK FOUNDATION ALSO AWARDS AN ANNUAL MEDAL FOR DISTINGUISHED CONTRIBUTION TO AMERICAN LETTERS TO A PERSON OR ENTITY "WHO, IN THE OPINION OF THE BOARD OF DIRECTORS OF THE NATIONAL BOOK FOUNDATION, HAS ENRICHED OUR LITERARY HERITAGE OVER A LIFE OF SERVICE, OR CORPUS OF WORK." IN FISCAL YEAR 2023, THE MEDAL WAS PRESENTED TO AUTHOR AND COMIC ARTIST ART SPIEGELMAN. THE NATIONAL BOOK FOUNDATION ALSO PRESENTS AN ANNUAL LITERARIAN AWARD FOR OUTSTANDING SERVICE TO THE AMERICAN LITERARY COMMUNITY, WHICH IN FISCAL YEAR 2023 WAS AWARDED TO LIBRARIAN TRACIE HALL. FINALLY, THE 5 UNDER 35 PROGRAM IDENTIFIES AND CELEBRATES FIVE EMERGING FICTION WRITERS ANNUALLY, SELECTED BY FORMER NATIONAL BOOK AWARD FINALISTS AND WINNERS. IN FISCAL YEAR 2023, THE HONOREES WERE MATEO ASKARIPOUR, CHELSEA T. HICKS, MORGAN TALTY, JENNY XIE, AND ADA ZHANG.NBA-HONORED AUTHORS ARE THE CORNERSTONE OF THE NATIONAL BOOK FOUNDATION'S PROGRAMS, WHICH SERVE READERS OF ALL AGES ACROSS THE COUNTRY, FREE-OF-CHARGE, WITH A STRONG EMPHASIS ON URBAN AND RURAL COMMUNITIES WHERE THERE ARE BARRIERS TO ENGAGEMENT WITH THE LITERARY ARTS.PUBLIC PROGRAMSTHE NATIONAL BOOK FOUNDATION'S PUBLIC PROGRAMS FALL UNDER THE MONIKER OF NBF PRESENTS, A SERIES OF PUBLIC READINGS AND BOOK-BASED DISCUSSIONS WITH NBA-HONORED AUTHORS AT COLLEGES, UNIVERSITIES, LIBRARIES, PERFORMANCE VENUES, AND BOOK FESTIVALS ACROSS THE COUNTRY, AND INCLUDES TOPICAL PROGRAMS LIKE LITERATURE FOR JUSTICE, A NATIONAL PROJECT THAT DISTRIBUTES NBA-HONORED TITLES TO PRISONS AND DETENTION CENTERS AROUND THE COUNTRY IN PARTNERSHIP WITH LITERATURE FOR JUSTICE COMMITTEE MEMBER REGINALD DWAYNE BETTS ORGANIZATION FREEDOM READS. IN FISCAL YEAR 2023, NBF PRESENTS INCLUDED BOTH VIRTUAL AND IN-PERSON PROGRAMMING, AND CURATED 22 EVENTS FEATURING 63 NATIONAL BOOK FOUNDATION-HONORED AUTHORS, AND ENGAGING OVER 5,000 AUDIENCE MEMBERS. NBF ALSO CONTINUED ITS NEW SCIENCE + LITERATURE PROGRAM, WHICH IDENTIFIES THREE BOOKS ANNUALLY TO DEEPEN READERS' UNDERSTANDING OF SCIENCE AND TECHNOLOGY WITH A FOCUS ON WORK THAT HIGHLIGHTS THE DIVERSITY OF VOICES IN SCIENTIFIC WRITING. THE SCIENCE + LITERATURE SELECTIONS IN FISCAL YEAR 2023 WERE DYKE (GEOLOGY) BY SABRINA IMBLER, REAL LIFE BY BRANDON TAYLOR, AND BLOCKCHAIN CHICKEN FARM: AND OTHER STORIES OF TECH IN CHINA'S COUNTRYSIDE BY XIAOWEI WANG. EDUCATION AND ACCESSTHE NATIONAL BOOK FOUNDATION IS COMMITTED TO INSPIRING A LOVE OF READING AMONG YOUNG PEOPLE THROUGH EDUCATIONAL PROGRAMS SUCH AS BOOKUP, A WRITER-LED, AFTER-SCHOOL PROGRAM FOR MIDDLE-SCHOOL STUDENTS IN THREE US CITIES; BOOK RICH ENVIRONMENTS, WHICH IN FISCAL YEAR 2023 DISTRIBUTED CLOSE TO 325,000 FREE BOOKS TO CHILDREN AND FAMILIES LIVING IN PUBLIC HOUSING AUTHORITIES IN 56 COMMUNITIES ACROSS 34 STATES AND WASHINGTON, DC; AND TEEN PRESS CONFERENCE, AN OPPORTUNITY FOR STUDENTS IN NEW YORK CITY AND MIAMI TO HEAR FROM AND ASK QUESTIONS OF THE 2022 NATIONAL BOOK AWARD FINALISTS IN YOUNG PEOPLE'S LITERATURE. 1838345 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 200 0 1 13 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X THE ORGANIZATION 2126850261 90 BROAD STREET SUITE 604 NEW YORK NY 10004 DAVID STEINBERGER BOARD CHAIR 1.00 X X 0 0 0 FIONA MCCRAE BOARD VICE CHAIR 1.00 X X 0 0 0 ELPIDIO VILLARREAL BOARD TREASURER 1.00 X X 0 0 0 CALVIN SIMS SECRETARY 1.00 X X 0 0 0 QUANG BAO BOARD MEMBER 1.00 X 0 0 0 JAMES DAUNT BOARD MEMBER 1.00 X 0 0 0 MARKUS DOHLE BOARD MEMBER 1.00 X 0 0 0 MORGAN ENTREKIN BOARD MEMBER 1.00 X 0 0 0 LUCIA FERREIRA BOARD MEMBER 1.00 X 0 0 0 KIMBALL HASTINGS BOARD MEMBER 1.00 X 0 0 0 AMANDEEP KOCHAR BOARD MEMBER 1.00 X 0 0 0 LISA LUCAS BOARD MEMBER 1.00 X 0 0 0 ANTHONY W MARX BOARD MEMBER 1.00 X 0 0 0 DEBORAH NEEDLEMAN BOARD MEMBER 1.00 X 0 0 0 LYNN NESBIT BOARD MEMBER (THROUGH NOVEMBER 2022) 1.00 X 0 0 0 JULIA REIDHEAD BOARD MEMBER 1.00 X 0 0 0 KENNETH L WALLACH BOARD MEMBER 1.00 X 0 0 0 MICHELLE WEINER BOARD MEMBER 1.00 X 0 0 0 RUTH DICKEY EXECUTIVE DIRECTOR 40.00 X 250000 0 24472 JORDAN SMITH DEPUTY DIRECTOR 40.00 X 121641 0 22908 MARGARET TANSEY DIRECTOR OF DEVELOPMENT 40.00 X 124000 0 11159 495641 0 58539 3 0 1 0 0 546702 419692 824171 91367 1790565 ENTRY FEES 900099 237600 237600 MEDALLION SALES 900099 137637 137637 CONTRACT INCOME 900099 68297 68297 FINALIST FEES 900099 51000 51000 494534 83997 83997 595 595 95982 69703 26279 26279 26279 396025 546702 396025 0 2395970 494534 0 110871 120001 120001 279844 223876 27164 28804 736596 548015 58871 129710 24669 18102 2702 3865 108943 81952 9029 17962 66216 50204 5629 10383 65331 65331 27618 14788 11370 1460 12830 1393 1734 9703 230812 191438 13888 25486 111203 84312 9453 17438 107837 102501 3317 2019 13393 10154 1139 2100 1832 1389 156 287 HONORARIA 211175 211175 BOOKS AND SUBSCRIPTIONS 134060 133809 251 INDIRECT AWARD DINNER E 76064 76064 PHOTOGRAPHY 25459 24646 813 22733 20590 2143 2376616 1838345 210034 328237 558312 131949 554478 522658 348876 707258 10303 46994 59815 121693 151264 130868 29262 20396 3108581 3098765 26989 180250 4696616 4829963 70916 96084 45000 97132 84725 550 155117 213598 335926 X 3473494 3614925 1009524 879112 4483018 4494037 4696616 4829963 19354 -8335 0 X X 0 1 X 1 0 X 1283898 862603 2602803 3324591 1790565 9864460 1283898 862603 2602803 3324591 1790565 9864460 4378773 5485687 67003 69265 32332 27347 84592 280539 3523 2584 1088 7195 10152194 2658184 0.54030 0.47400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3108581 86166 -95982 3098765 3167263 -58682 3108581 2592562 584701 -10000 3167263 2556595 35967 2592562 2355640 200955 2556595 0.87650 0.10480 0.01870 0 0 110586 94204 16382 40678 36664 4014 20396 OPERATING LEASE 155117 155117 2387635 -8335 -8335 2395970 0 2395970 2376616 0 2376616 0 2376616 PART V, LINE 4: THE FOUNDATION'S ENDOWMENTS CONSIST OF A BOARD DESIGNATED FUND ESTABLISHED FOR GENERAL SUPPORT AND ONE DONOR-RESTRICTED FUND FOR THE FOUNDATION'S LITERARIAN AWARD. BENEFIT EVENT 942727 546702 396025 247235 136600 12190 942727 546702 396025 247235 136600 12190 396025 0 1 NATIONAL BOOK AWARDS 34 80001 FMV DCAL PRIZE 1 10000 FMV NBF SCIENCE AND LITERAURE PRIZES 3 30000 FMV PART I, LINE 2: AWARD WINNERS FOR THE NATIONAL BOOK AWARDS ARE SELECTED BY FIVE PANELS OF FIVE JUDGES EACH. THE JUDGES ARE SUGGESTED BY AMERICAN WRITERS AND RECRUITED BY THE NATIONAL BOOK FOUNDATION'S EXECUTIVE DIRECTOR. PANEL DELIBERATIONS ARE THEN INDEPENDENT OF THE FOUNDATION. BOOKS ARE SUBMITTED BY PUBLISHERS ONLY. PANELS SELECT TEN LONGLISTED TITLES, FROM WHICH THEY SELECT FIVE FINALISTS, FROM WHICH THEY CHOOSE ONE NATIONAL BOOK AWARD WINNER. THE NATIONAL BOOK FOUNDATION'S LIFETIME ACHIEVEMENT AWARDS, THE MEDAL FOR DISTINGUISHED CONTRIBUTION TO AMERICAN LETTERS (DCAL) AND LITERARIAN AWARD FOR OUTSTANDING SERVICE TO THE AMERICAN LITERARY COMMUNITY, ARE SELECTED BY THE FOUNDATION'S BOARD OF DIRECTORS. RECIPIENTS OF 5 UNDER 35 ARE SELECTED BY FORMER NATIONAL BOOK AWARD FINALISTS AND WINNERS IN FICTION, OR THOSE RECOGNIZED WITH THE MEDAL FOR DISTINGUISHED CONTRIBUTION TO AMERICAN LETTERS OR THE LITERARIAN AWARD FOR OUTSTANDING SERVICE TO THE AMERICAN LITERARY COMMUNITY. THE SCIENCE + LITERATURE PRIZE IDENTIFIES THREE BOOKS ANNUALLY, STEERED BY A COMMITTEE OF SCIENTIFIC AND LITERARY EXPERTS. RECIPIENTS OF THE PRIZE ARE SELECTED AT THE DISCRETION OF THE COMMITTEE INDEPENDENT OF THE FOUNDATION AND THE PRIZE IS FUNDED BY THE ALFRED P. SLOAN FOUNDATION. NBF HAS A CLEAR AND ORGANIZED PROCEDURE FOR TRACKING GRANT FUNDS. UPON NOTIFICATION OF A GRANT AWARD, THE AMOUNT IS ENTERED AS A PLEDGE INTO ETAPESTRY AND QUICKBOOKS, AND UPDATED WHEN ACTUAL PAYMENT IS RECEIVED. THE STAFF MEMBER(S) MANAGING GRANT-FUNDED PROGRAMS TRACKS PROGRAM COSTS AS ACTIVITIES TAKE PLACE, TO ENSURE ALIGNMENT WITH BUDGET PROJECTIONS. ALL INCOME AND EXPENDITURES ARE CODED TO THE PROGRAM THE FUNDING IS RESTRICTED TO AND TRACKED MONTHLY TO ENSURE THAT SPENDING IS ON TRACK AND BEING ALLOCATED PROPERLY. IN THE EVENT OF A SIGNIFICANT VARIANCE BETWEEN PROJECTED COSTS AND ACTUAL SPENDING, STAFF COMMUNICATES WITH THE FUNDER'S PROGRAM OFFICER TO MAKE NECESSARY ADJUSTMENTS TO THE GRANT TERMS (I.E. AN EXTENSION TO THE GRANT PERIOD). X 0 0 0 0 0 0 0 0 0 RUTH DICKEY EXECUTIVE DIRECTOR 250000 0 0 0 0 0 9375 0 15097 0 274472 0 0 0 X 91367 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE EXECUTIVE DIRECTOR AND THEN IT IS PROVIDED TO BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO DIVULGE ALL OUTSIDE EMPLOYMENT AND/OR VOLUNTEER WORK THAT MAY CONFLICT OR OVERLAP WITH THE GOALS OF THE NATIONAL BOOK FOUNDATION. JUDGES ARE REQUIRED TO DIVULGE ALL PERSONAL AND PROFESSIONAL RELATIONSHIPS THAT MAY CONFLICT OR OVERLAP WITH THE GOALS OF THE NATIONAL BOOK FOUNDATION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS RECOMMENDED BY THE EXECUTIVE COMMITTEE USING COMPARABILITY DATA OF OTHER SIMILAR ORGANIZATIONS. THE EXECUTIVE COMMITTEE'S RECOMMENDATION IS INCLUDED IN THE ORGANIZATION'S ANNUAL BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESSES OF THE AUDIT COMMITTEE HAVE NOT CHANGED SINCE LAST YEAR.