2025-02-12T15:44:59-06:00 2024-04-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2023-05-01 133347524 NATIONAL BOOK FOUNDATION INC NATI 2126850261 90 BROAD STREET 604 NEW YORK NY 10004 RUTH DICKEY EXECUTIVE DIRECTOR 2126850261 2025-02-12 1 0 MICHAEL WALLACE P00881958 2126972299 2023 2025-03-06 01:10:19Z RUTH DICKEY 90 BROAD STREET 604 NEW YORK NY 10004 3718057 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. 20 20 13 32 0 0 1790565 2528742 494534 438159 110276 124305 595 15313 2395970 3106519 120001 95000 0 0 1216268 1446687 0 0 390633 1040347 1117223 2376616 2658910 19354 447609 4829963 5643387 335926 319937 4494037 5323450 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. NBF CARRIES OUT ITS MISSION THROUGH AWARDS & HONORS (MOST NOTABLY THE NATIONAL BOOK AWARDS FOUNDED IN 1950), PUBLIC PROGRAMS (BRINGING NBA-HONORED AUTHORS TO COMMUNITIES ACROSS THE US), EDUCATION & ACCESS (INSPIRING A LOVE OF READING IN YOUNG PEOPLE), AND SUPPORT FOR THE LITERARY FIELD. MORE DETAILED INFORMATION IS IN THE DESCRIPTION OF PROGRAM SERVICES ON SCHEDULE O 0 0 1974774 95000 438159 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. 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, LSZL 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 2024 THE WINNERS WERE, RESPECTIVELY: BLACKOUTS BY JUSTIN TORRES; THE REDISCOVERY OF AMERICA BY NED BLACKHAWK; FROM UNINCORPORATED TERRITORY [AMOT] BY CRAIG SANTOS PEREZ; THE WORDS THAT REMAIN BY STNIO GARDEL, TRANSLATED BY BRUNA DANTAS LOBATO; AND A FIRST TIME FOR EVERYTHING BY DAN SANTAT. 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 2024, THE MEDAL WAS PRESENTED TO POET RITA DOVE. THE NATIONAL BOOK FOUNDATION ALSO PRESENTS AN ANNUAL LITERARIAN AWARD FOR OUTSTANDING SERVICE TO THE AMERICAN LITERARY COMMUNITY, WHICH IN FISCAL YEAR 2024 WAS AWARDED TO BOOKSELLER PAUL YAMAZAKI. 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 2024, THE HONOREES WERE ANTONIA ANGRESS, TYRIEK WHITE, ZAIN KHALID, JENNY TINGHUI ZHANG, AND MAYA BINYAM.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 TOPICAL CONVERSATIONS WITH NATIONAL BOOK FOUNDATION-HONORED AUTHORS AT COLLEGES, UNIVERSITIES, LIBRARIES, PRISONS, PERFORMANCE VENUES, AND BOOK FESTIVALS ACROSS THE COUNTRY, AND INCLUDES TOPICAL PROGRAMS LIKE SCIENCE + LITERATURE, 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 2024 WERE THE BATHYSPHERE BOOK: EFFECTS OF THE LUMINOUS OCEAN DEPTHS BY BRAD FOX, THE GLASS CONSTELLATIONS: NEW AND COLLECTED POEMS BY ARTHUR SZE, AND DIGGING STARS BY NOVUYO ROSA TSHUMA. IN FISCAL YEAR 2024, NBF PRESENTS INCLUDED HYBRID AND IN-PERSON PROGRAMMING, AND CURATED 28 EVENTS FEATURING 71 NATIONAL BOOK FOUNDATION-HONORED AUTHORS, DISTRIBUTING 1,000 FREE BOOKS, AND ENGAGING OVER 7,362 AUDIENCE MEMBERS. 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 2024 DISTRIBUTED OVER 308,000 FREE BOOKS TO CHILDREN AND FAMILIES LIVING IN PUBLIC HOUSING AUTHORITIES IN 60 COMMUNITIES ACROSS 37 STATES AND WASHINGTON, DC; TEEN PRESS CONFERENCE, AN OPPORTUNITY FOR STUDENTS IN NEW YORK CITY AND MIAMI TO HEAR FROM AND ASK QUESTIONS OF THE 2023 NATIONAL BOOK AWARD FINALISTS IN YOUNG PEOPLE'S LITERATURE; AND THE NBF TEACHER FELLOWSHIP, WHICH SUPPORTS EIGHT 6TH-12TH GRADE CLASSROOM TEACHERS WITH BOTH A BOOK BUYING BUDGET AND WORK STIPEND AS THEY MADE READING FOR PLEASURE A PART OF THEIR STUDENTS' EVERYDAY SCHOOL EXPERIENCE. 1974774 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 1 113 0 1 13 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 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 SAMIRA NASR BOARD MEMBER 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 JONATHAN YAGED BOARD MEMBER 1.00 X 0 0 0 CHARLES YU BOARD MEMBER 1.00 X 0 0 0 RUTH DICKEY EXECUTIVE DIRECTOR 40.00 X 250000 0 31638 JORDAN SMITH DEPUTY DIRECTOR 40.00 X 160000 0 23146 MARGARET TANSEY DIRECTOR OF DEVELOPMENT 40.00 X 132720 0 6038 542720 0 60822 3 0 1 0 0 598277 173890 1756575 95695 2528742 ENTRY FEES 900099 260821 260821 MEDALLION SALES 900099 103246 103246 FINALIST FEES 900099 47250 47250 CONTRACT INCOME 900099 26842 26842 438159 124305 124305 361 361 93361 93361 0 0 518177 598277 518177 0 OTHER INCOME 900099 14952 14952 14952 3106519 438159 0 139618 95000 95000 281302 225042 27310 28950 919386 659888 70537 188961 34490 24432 3375 6683 117304 85163 9274 22867 94205 69272 7696 17237 70462 70462 32062 32062 2771 901 970 900 286719 197579 56533 32607 110316 81369 8700 20247 101988 94744 4305 2939 9184 6753 751 1680 9232 6789 754 1689 HONORARIA 231894 231894 BOOKS AND SUBSCRIPTIONS 139428 139146 263 19 INDIRECT AWARD DINNER E 58768 58768 PHOTOGRAPHY 30045 29295 750 34354 27507 511 6336 2658910 1974774 293503 390633 131949 433968 522658 705147 707258 844352 46994 25473 121693 40670 151264 140052 20396 11212 3098765 3485024 180250 97541 4829963 5643387 96084 88303 84725 103567 155117 128067 335926 319937 X 3614925 3490502 879112 1832948 4494037 5323450 4829963 5643387 447609 381804 0 X X 0 1 X 1 0 X 862603 2602803 3324591 1790565 2528742 11109304 862603 2602803 3324591 1790565 2528742 11109304 5047565 6061739 69265 32332 27347 84592 124666 338202 2584 1088 14952 18624 11466130 2541140 0.52870 0.54030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3098765 479620 -93361 3485024 3108581 86166 -95982 3098765 3167263 -58682 3108581 2592562 584701 -10000 3167263 2556595 35967 2592562 0.87611 0.09326 0.03063 0 0 110586 99374 11212 40678 40678 0 11212 OPERATING LEASE 68067 REFUNDABLE ADVANCE 60000 128067 3521268 381804 32945 414749 3106519 0 3106519 2691855 32945 32945 2658910 0 2658910 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 1116454 598277 518177 22050 328020 168107 1116454 598277 518177 22050 328020 168107 518177 0 1 NATIONAL BOOK AWARDS 6 55000 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). PART I, LINE 2 X 0 0 0 0 0 0 0 0 0 RUTH DICKEY EXECUTIVE DIRECTOR 250000 0 0 0 0 0 15000 0 16638 0 281638 0 0 0 JORDAN SMITH DEPUTY DIRECTOR 160000 0 0 0 0 0 6400 0 16746 0 183146 0 0 0 X 95695 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.