2025-11-14T13:23:51-08:00 2024-12-31 271661785 CMRosen LLC 17440 Dallas Pkwy Ste 218 Dallas TX 75287 990 2024-01-01 463099904 Deep Vellum Publishing Inc DEEP 4697814881 3000 Commerce St Dallas TX 75226 Will Evans CEO 2025-11-13 true true Chad M Rosen CPA P01071321 9728181400 2024 2025-03-06 01:10:19Z Will Evans 3000 Commerce St Dallas TX 75226 1646344 false X deepvellum.org X 2013 TX Published work by writers from all over the world and held interactive, reader-centric discussions that promote literacy and a lifelong love of reading and writing among all populations. 6 6 11 25 0 994483 483341 44410 53229 0 497444 578995 1536337 1115565 2788 2164 0 459994 445971 0 39530 908672 804682 1371454 1252817 164883 -137252 1003966 1732672 509366 1375324 494600 357348 To bring the world into conversation through literature and enhance the open exchange of stories and ideas across cultures. false false 1055920 2164 627203 In 2024, Deep Vellum published 54 new books, distributed 250 free books to underserved communities in Texas and New York, and hosted over 100 events throughout Dallas, featuring bilingual readings, poetry festivals, and community conversations that strengthened the city's reputation as a literary and cultural hub.In spring 2024, our founder and publisher, Will Evans, was knighted by France as a Chevalier in the Order of Arts and Letters, in recognition for his role in promoting French literature, language, and culture internationally through Deep Vellums translated Francophone titles and French cultural programming in Dallas. Deep Vellums publishing program earned global acclaim in 2024:--Solenoid by Mircea Cartarescu, translated by Sean Cotter, was awarded the 100,000 Dublin Literary Award as the best book published in English anywhere in the world in the prior year;--The Villain's Dance by Fiston Mwanza Mujila, translated by Roland Glasser, was a finalist for the National Book Award for Translated Literature;--Recital of the Dark Verses, translated by Heather Cleary, won the Queen Sofa Spanish Institute Translation Prize as best book translated from Spanish in the previous year;--Little Seed by Wei Tchou was named one of the New Yorker's Best Books of 2024 and shortlisted for the National Book Critics Circle Award;--Deep Vellums work gained national attention this year with an April feature profile in the New York Times, recognizing our role in establishing Dallas as a global literary capital, alongside statewide and national profiles of Deep Vellum in Texas Highways and Duke Magazine; --Our literary arts center was named Best Bookstore for Local Authors by D Magazine.--Deep Vellum presented its authors, books, and mission with events and tabling at literary festivals and conferences in Dallas, Austin, Brooklyn, Kansas City, and Santa Fe. --Deep Vellum organized a series of four discussions with authors and civic leaders around books we have published, entitled We Are One City: Elevating the Story of Dallas, supported by an ArtsActivate grant from the City of Dallas Office of Arts and Culture, hosted by Communities Foundation of Texas. --Deep Vellum founder and publisher Will Evans gave keynote presentations on the importance of publishing international literature at the Atelier des Auteurs conference hosted by the Economic Development Board of Mauritius; at Princeton University; at the College of Charleston; and at SMUs Gartner Lecture Series. In Fall 2024, Deep Vellum bolstered its list as the largest publisher of translated literature in English and acquired renowned small press publisher Fum dEstampa, bringing its list of 30 extraordinary translated books, primarily from the Catalan language, into our inventory, and continuing to work with its founder, Douglas Suttle, as an editor and book designer. 1055920 true true false false false false false false false false false false false true true false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false true 70 0 true 11 true false false false false false true true false 0 false false false false false false false X 6 6 false false false false false false false true false false false true true true true false false true false false NY X X Will Evans 4697814881 3000 Commerce St Dallas TX 75226 Will Evans CEO 40.00 0.00 X 72374 0 7393 Cullen Schaar President 7.00 0.00 X X 0 0 0 Brian Bell Vice-President 5.00 0.00 X X 0 0 0 Ron Restrepo Secretary 2.00 0.00 X X 0 0 0 Slav Gabinsky Treasurer 2.00 0.00 X X 0 0 0 Urvi Dalal Director 2.00 0.00 X 0 0 0 Jhubin Moghaddamfar Director 2.00 0.00 X 0 0 0 72374 7393 0 false false false Consortium Book Sales & Distribution 34 Thirteenth Ave NE 101 Minneapolis MN 55413 Book distribution 233084 Friesens One Printers Way Altona Manitoba CA R0G 0B0 Book printing 228458 Ingram 1 Ingram Blvd La Vergne TN 37086 Book printing 133848 3 38420 444921 2164 483341 Event registrations 900099 110 110 Publishing fees 511130 53119 53119 53229 0 0 21 21 5000 5000 5000 5000 0 0 0 1104753 530779 573974 573974 0 1115565 627203 5021 X 2164 2164 0 0 0 79767 39883 31907 7977 0 317753 288215 14893 14645 0 19245 18454 36 755 29206 24120 3475 1611 0 0 67896 11264 56632 0 0 0 38408 29225 2308 6875 19570 19570 29198 14714 14484 0 192651 192651 96188 79983 10810 5395 15463 15463 0 988 983 5 18430 18430 0 2561 2129 288 144 11928 9966 1309 653 Distribution fees 233084 233084 Publication expenses 66853 66853 Business expenses 7723 4272 1976 1475 Dues and subscriptions 3741 2927 814 0 1252817 1055920 157367 39530 X 18451 30503 0 229217 167433 8339 19817 0 0 0 227370 296723 3205 2902 0 0 0 0 0 517384 1215294 1003966 1732672 163270 283748 346096 369180 722396 509366 1375324 X 37557 130922 457043 226426 494600 357348 1003966 1732672 -137252 X false false false X 276145 745371 654896 994483 483341 3154236 0 0 276145 745371 654896 994483 483341 3154236 582989 2571247 2135 5021 7156 0 0 3161392 4309558 0.81330 0.80880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Contract Assets 117423 Publication Costs, net 147294 Right of Use Asset 714308 Royalty Advances, net 236269 1215294 Lease Liability 722396 722396 East Asia and the Pacific 0 1 Program services Writing and/or translating 179 Europe 0 16 Program services Writing and/or translating 73742 North America 0 2 Program services Write, transl, print 162190 Russia and Neighboring States 0 1 Program services Writing and/or translating 5000 South Asia 0 1 Program services Writing and/or translating 164 21 21 241275 241275 false false false false false false Form 990, Part VI, Section A, Line 8b There were no committees during the year which had authority to act on behalf of the full board. Form 990, Part VI, Section B, Line 11b A draft of this Form 990 was emailed to directors and the CEO for review before filing. Form 990, Part VI, Section B, Line 12c Persons covered - Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest.Monitoring proposed or ongoing transactions for conflicts - An interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the governing board or committee with governing board delegated powers considering the proposed transaction or arrangement. Each covered person must annually sign a statement which affirms that such person has received, has read, and understands the Policy and agrees to comply with it. Periodic reviews are to be conducted which, at a minimum, include the following subjects: whether compensation arrangements and benefits are reasonable, based on competent survey information, and the results of arm's length bargaining; and whether partnerships, joint ventures, and arrangements with management organizations conform to the Organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in inurement, impermissible private benefit, or an excess benefit transaction.Dealing with potential conflicts and the level at which determinations of whether a conflict exists are made - After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.Dealing with actual conflicts, the level at which actual conflicts are reviewed, and restrictions imposed on the interested person - An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairman of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. Form 990, Part VI, Section B, Line 15a The CEO's compensation was determined by the board upon consultation with an independent consultant, review of Forms 990 of other nonprofit publishing houses and literary arts centers, and consideration of the GuideStar Nonprofit Compensation Report and informal surveys of other publishing industry professionals. This process was last undertaken in 2023 and documented in the minutes to a board meeting. Form 990, Part VI, Section B, Line 15b No such individuals are compensated. Form 990, Part VI, Section C, Line 19 These are available on our website and upon request. Form 990, Overall The Organization purchased the foreign business of Fum D'Estampa toward the end of the tax year, in December, for one British Pound. As of the date of filing, the accounting for this purchase has not yet been completed. Once finalized, the Organization anticipates amending this return should the impact be significant. Form 990, Part IX, Line 15 and 24 - Royalties and Other Expenses The reported amounts for prepaid royalty payments to authors and translators as well as capitalized publication costs have not been updated from that of the prior year. Accordingly, reported royalty expenses and expensed publication costs may change when a full clean-up of such transactions in the books is complete, and the Organization anticipates amending this Form 990 if the changes are significant. Form 990, Part X, Line 15 - Other assets The reported amounts for prepaid royalty payments to authors and translators as well as capitalized publication costs, both of which are included within "Other assets," have not been updated from that of the prior year. These figures may change when a full clean-up of such transactions in the books is complete, and the Organization anticipates amending this Form 990 if the changes are significant.