2024-05-15T12:14:17-05:00 2023-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2022-07-01 131879953 THE ACADEMY OF AMERICAN POETS INC ACAD 2122740343 75 MAIDEN LANE 901 NEW YORK NY 10038 RICARDO MALDONADO BOARD CHAIR 2122740343 2024-05-15 1 RICARDO MALDONADO XXX-XX-XXXX 0 JENNIFER COATES P02247728 2126972299 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TESS O'DWYER 75 MAIDEN LANE 901 NEW YORK NY 10038 7203006 0 X WWW.POETS.ORG X 1934 NY THE ACADEMY SUPPORTS POETS THROUGH FELLOWSHIPS AND PRIZES AND PROMOTES POETRY. 22 21 23 22 0 0 4667481 2360462 190221 210842 3608066 -177948 30198 22658 8495966 2416014 3260638 2547500 0 0 1253791 1363171 0 0 334623 1121695 1430396 5636124 5341067 2859842 -2925053 14577206 13544286 1558991 2308800 13018215 11235486 X TO ENCOURAGE, STIMULATE, AND FOSTER THE PRODUCTION OF AMERICAN POETRY BY PROVIDING FELLOWSHIPS FOR POETS OF PROVEN MERIT, BY GRANTING SCHOLARSHIPS, AWARDS AND PRIZES FOR POETIC ACHIEVEMENT, AND BY OTHER SUCH MEANS AS THE BOARD OF DIRECTORS MAY DEVISE AND DETERMINE. 0 0 3139841 2547500 AWARDS AND GRANTS - THE ACADEMY ADMINISTERED AND AWARDED MORE THAN $2.5M IN POETRY AWARDS AND PRIZES INCLUDING: POETS LAUREATE FELLOWSHIPS, LETRAS BORICUAS FELLOWSHIP, AMAZON LITERARY PARTNERSHIPS, THE WALLACE STEVENS AWARD, THE ACADEMY FELLOWSHIP, THE LENORE MARSHALL PRIZE, THE JAMES LAUGHLIN AWARD, THE WALT WHITMAN AWARD, THE RAIZISS/ DE PALCHI TRANSLATION AWARD (ITALIAN TRANSLATION AWARD), THE HAROLD MORTON LANDON TRANSLATION AWARD, THE AMERICAN POETS EMERGENCY FUND, TREEHOUSE CLIMATE ACTION POETRY PRIZE, AS WELL AS STUDENT PRIZES AT HUNDREDS OF COLLEGES AND UNIVERSITIES NATIONWIDE.POETRY COALITION - THE ACADEMY SERVED AS THE COORDINATOR AND FISCAL ADMINISTRATOR OF A POETRY COALITION, AN INTENTIONALLY INCLUSIVE ALLIANCE OF THIRTY ORGANIZATIONS, ALMOST ALL OF WHICH ARE LED BY WORKING, PUBLISHED POETS WHO ARE ALSO ARTS ADMINISTRATORS. EACH OF THESE ORGANIZATIONS HAVE PAID STAFF WHO ARE PUBLISHED POETS AND A PRIMARY MISSION TO PROMOTE POETS AND POETRY AND ARE MULTI-GENRE LITERARY ORGANIZATIONS THAT SERVE POETS AND READERS OF SPECIFIC RACIAL, ETHNIC OR GENDER IDENTITIES AND COMMUNITIES, INCLUDING ASIAN AMERICAN, AFRICAN ANERICAM, LATINX, AND LGBTQ, AS WELL AS YOUTH, ACROSS THE UNITED STATES. 475201 107294 WEBSITE - LAUNCHED IN 1996, POETS.ORG IS THE AWARD-WINNING WEBSITE OF THE ACADEMY OF AMERICAN POETS. VISITORS TO POETS.ORG WILL FIND THOUSANDS OF POEMS AS WELL AS HUNDREDS OF POETS' BIOGRAPHIES, ESSAYS, INTERVIEWS, AND POETRY RECORDINGS WITH THE CONSTANT ADDITION OF NEW MATERIALS. IN ADDITION, RESOURCES SUCH AS A NATIONAL EVENTS CALENDAR, AND DEVELOPMENT OF POETRY LESSON PLANS FOR TEACHERS ARE AVAILABLE. POETS.ORG RECEIVES MORE THAN FIVE MILLION VISITS EACH MONTH, MAKING IT ONE OF THE MOST POPULAR POETRY SITES ON THE WEB. 184037 115176 THE AMERICAN POETS MAGAZINE THE AMERICAN POETS MAGAZINE (AMPO) LAUNCHED IN 1996 AND PUBLISHED TWICE ANNUALLY IN APRIL AND OCTOBER, EXCLUSIVELY FOR THE MEMBERS OF THE ACADEMY OF AMERICAN POETS. THIS MAGAZINE REACHES DEVOTED READERS AND WRITERS OF POETRY AND LITERATURE, STUDENTS OF POETRY, SOME OF THE MOST RENOWNED AND RESPECTED POETS OF OUR TIME AND SOME OF THE NATION'S MOST GENEROUS PATRONS OF POETRY. 758221 POETRY FORUM, POETRY COALITION, EDUCATION, NATIONAL POETRY MONTH, READING SERIES, PROGRAM MEMBERSHIP, AND CHANCELLORS FUND. 758221 4557300 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 131 0 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X THE ORGANIZATION 2122740343 75 MAIDEN LANE SUITE 901 NEW YORK NY 10038 JENNIFER BENKA PRESIDENT/EXECUTIVE DIRECTOR 35.00 X X 206518 0 2085 LEONARD EJIOGU VP OF FINANCE & ADMINISTRATION 35.00 X 136399 0 2720 JEFFERY GLEAVES CONTENT DIRECTOR 35.00 X 111733 0 264 TESS O'DWYER CHAIR 5.00 X X 0 0 0 ALEXANDRA C JACKSON SECRETARY 1.00 X X 0 0 0 ANDREW SCHIFF TREASURER 1.00 X X 0 0 0 FREDERICK LUIS ALDAMA DIRECTOR 1.00 X 0 0 0 LARRY BERGER DIRECTOR 1.00 X 0 0 0 SIDNEY CLIFTON DIRECTOR 1.00 X 0 0 0 TRACIE C HALL DIRECTOR 1.00 X 0 0 0 MICHAEL JACOBS DIRECTOR 1.00 X 0 0 0 JAMES JOHNSON DIRECTOR 1.00 X 0 0 0 ANJALI KHOSLA DIRECTOR 1.00 X 0 0 0 CAMILLE LANNAN DIRECTOR 1.00 X 0 0 0 ALBERT LEE DIRECTOR 1.00 X 0 0 0 DANIEL J NADLER DIRECTOR 1.00 X 0 0 0 BRUNO NAVASKY DIRECTOR 1.00 X 0 0 0 ERIC RAYMAN DIRECTOR 1.00 X 0 0 0 GERALD RICHARDS DIRECTOR 1.00 X 0 0 0 ELDA ROTOR DIRECTOR 1.00 X 0 0 0 ELIZABETH SOBOL DIRECTOR 1.00 X 0 0 0 ROSE STYRON DIRECTOR 1.00 X 0 0 0 MAURICE TEMPELSMAN DIRECTOR 1.00 X 0 0 0 WILLIAM D ZABEL DIRECTOR 1.00 X 0 0 0 454650 0 5069 3 0 1 0 THE STANDARD GROUP PO BOX 4684 LANCASTER PA 17604 MEMBERSHIP PRINTING, POSTAGE AND MAILING 154698 1 581776 136726 143680 1498280 2360462 PUBLICATION & WEBSITE 541800 95666 95666 PROGRAM FEES 711300 68320 68320 EVENT ADMISSIONS 711300 46856 46856 210842 249035 249035 11030 11030 4360009 4786992 -426983 -426983 -426983 0 136726 0 0 11628 0 11628 11628 2416014 222470 0 -166918 711080 711080 1836420 1836420 290589 176523 73055 41011 835628 775737 14318 45573 39677 33549 3078 3050 115876 97977 8990 8909 81401 68828 6315 6258 3312 3312 87873 87873 362576 260870 101706 142795 31456 109337 2002 284464 93499 98014 92951 212275 179487 16468 16320 57672 54651 958 2063 16237 4479 4140 7618 28407 28407 PROGRAM DEVELOPMENT 118295 118295 MISCELLANEOUS EXPENSES 53673 45382 4164 4127 TECHNICAL PRODUCTION 48412 31030 17382 BOOK PURCHASES 12633 9381 1160 2092 1772 249 580 943 5341067 4557300 449144 334623 317686 144899 370038 5861 414470 221335 121836 140134 7519 24383 234686 207030 54394 27656 13238645 11541123 52618 1438895 14577206 13544286 184268 268363 1239800 510000 134923 1530437 1558991 2308800 X 1257194 584634 11761021 10650852 13018215 11235486 14577206 13544286 -2925053 1142324 0 X 0 1 X 1 0 X 3653761 6239493 3201876 4667481 2360462 20123073 3653761 6239493 3201876 4667481 2360462 20123073 10778300 9344773 427328 238266 220564 261810 260065 1408033 3348 3348 21534454 944413 0.43390 0.48300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9190463 5000 669484 368580 9496367 10758062 5000 -1153099 419500 9190463 7902055 3137007 281000 10758062 8133068 5000 45687 281700 7902055 8214998 10000 206715 298645 8133068 0.00000 0.50093 0.49907 0 0 45298 45298 0 67097 61028 6069 122291 100704 21587 27656 SECURITY DEPOSIT 52618 OPERATING LEASE RIGHT-OF-USE ASSET 1386277 1438895 OPERATING LEASE LIABILITY 1530437 1530437 4042485 1142324 484147 1626471 2416014 0 2416014 5825214 484147 484147 5341067 0 5341067 PART V, LINE 4: TO SUPPORT PARTICULAR PROGRAMS OR FUNCTIONS IN ACCORDANCE WITH THE DESIGNATION OF THE FUNDS' DONORS. VIRTUAL GALA 136726 136726 136726 136726 1 826 NATIONAL 1388 HAIGHT STREET 245 SAN FRANCISCO CA 94117 263217538 501 (C)(3 25000 0 HAWTHORNDEN REGRANT ALTADENA LIBRARY FOUNDATION 600 EAST MARIPOSA STREET ALTADENA CA 91001 270999622 501 (C)(3) 10000 0 POETS LAUREATE SUPPORT MATCH ARTSWESTCHESTER INC 31 MAMARONECK AVENUE WHITE PLAINS NY 10601 132604827 501 (C)(3) 10000 0 POETS LAUREATE SUPPORT MATCH BROOKLYN BOOK FESTIVAL INC 249 SMITH STREET 106 BROOKLYN NY 11231 465328190 501 (C)(3) 12500 0 HAWTHORNDEN REGRANT CAVE CANEM FOUNDATION INC 20 JAY STREET BROOKLYN NY 11201 133932909 501 (C)(3) 25000 0 HAWTHORNDEN REGRANT CHAPTER 510 INK 546 9TH STREET OAKLAND CA 94607 472793034 501 (C)(3) 25000 0 HAWTHORNDEN REGRANT DAY EIGHT (V) 1366 SHERIDAN ST NW WASHINGTON DC 20011 383746016 501 (C)(3) 10000 0 POETS LAUREATE SUPPORT MATCH HAVEN VIOLENCE PREVENTION AND SUPPORT SER 20 INTERNATIONAL DRIVE PORTSMOUTH NH 03801 020337620 501 (C)(3) 7500 0 POETS LAUREATE SUPPORT MATCH HAWAII COUNCIL FOR THE HUMANITIES 3599 WAIALAE AVENUE 25 HONOLULU HI 96816 990153704 501 (C)(3) 10000 0 POETS LAUREATE SUPPORT MATCH HUMANITIES NEBRASKA 215 CENTENNIAL MALL SOUTH STE 330 LINCOLN NE 68508 237359778 501 (C)(3) 10000 0 POETS LAUREATE SUPPORT MATCH HUMANITIES WASHINGTON 5137 47TH AVENUE NORTHEAST SEATTLE WA 98105 510191115 501 (C)(3) 10000 0 POETS LAUREATE SUPPORT MATCH KENTUCKY PUBLIC RADIO INC 619 SOUTH 4TH STREET LOUISVILLE KY 40202 611259787 501 (C)(3) 10000 0 POETS LAUREATE SUPPORT MATCH KUNDIMAN INC 113 WEST 60TH STREET ROOM 924 NEW YORK NY 10023 061650662 501 (C)(3) 25000 0 HAWTHORNDEN REGRANT MASSACHUSETTS POETRY OUTREACH PROJECT 15 CHANNEL CENTER STREET SUITE 500 BOSTON MA 02210 270584283 501 (C)(3) 19720 0 POETRY COALITION FELLOWSHIP NEBRASKA WRITERS COLLECTIVE 6001 DODGE ST CEC 11713 OMAHA NE 68182 208109537 501 (C)(3) 12500 0 HAWTHORNDEN REGRANT SPLIT THIS ROCK INC 1301 CONNECTICUT AVE NW SUITE 600 WASHINGTON DC 20036 264559492 501 (C)(3) 25000 0 HAWTHORNDEN REGRANT THE AMERICAN LITERARY TRANSLATORS ASSOCIA ESQUIRE BLDG 205 1230 N PARK AVE TUSCON AZ 85721 742157964 501 (C)(3) 25000 0 HAWTHORNDEN REGRANT THE BOARD OF REGENTS OF THE UNIVERSITY OF 151 PREM S PAUL RESEARCH CENTER 220 VINE STREET LINCOLN NE 68583 470049123 501 (C)(3) 25000 0 HAWTHORNDEN REGRANT THE WATERING HOLE POETRY ORGANIZATION 1931 SOUTH PARAHAM ROAD YORK SC 29745 465074303 501 (C)(3) 10000 0 POETS LAUREATE SUPPORT MATCH UNIVERSITY OF NOTRE DAME 315 BOND HALL NOTRE DAME IN 46556 350868188 501 (C)(3) 25000 0 HAWTHORNDEN REGRANT URBAN WORD NYC PO BOX 1813 NEW YORK NY 10113 320250944 501 (C)(3) 19720 0 POETRY COALITION FELLOWSHIP WOODLAND PATTERN BOOK CENTER 720 EAST LOCUST STREET MILWAUKEE WI 53212 391332252 501 (C)(3) 55090 0 HAWTHORNDEN REGRANT WORDPLAY CINCY 1556 CHASE AVENUE CINCINNATI OH 45223 453969713 501 (C)(3) 12500 0 HAWTHORNDEN REGRANT YOUTH SPEAKS 1446 MARKET STREET SAN FRANCISCO CA 94102 912134499 501 (C)(3) 19720 0 POETRY COALITION FELLOWSHIP ZOEGLOSSIA 824 W MAGNOLIA SAN ANTONIO TX 78212 813965839 501 (C)(3) 12500 0 HAWTHORNDEN REGRANT 26 2022 ALIKI PERROTI AND SETH FRANK MOST PROMISING YOUNG POET AWARD 1 1000 2023 POET LAUREATE FELLOWSHIP AWARD 42 1100000 2023 RAIZISS/DEL PALCHI FELLOWSHIP 1 25000 AMAZON REGRANT - HONORARIUM 4 1750 COLLEGE PRIZES 55 5350 EMERGENCY FUND 1 4000 FIRST BOOK AWARD 3 6100 HAWTHORNDEN REGRANT 1 25000 HONORARIUM 5 6700 JAMES LAUGHLIN AWARD 1 5000 LAUGHLIN AWARDS 1 300 LETRAS FELLOWSHIP REGRANT 20 500000 MARSHALL PRIZE 1 25000 POETRY COALITION FELLOWSHIP 11 19720 POETS EMERGENCY FUND GRANT 1 1500 POETS LAUREATE SUPPORT MATCH 1 10000 WALLACE STEVENS AWARD 2 100000 PART I, LINE 2: THE ORGANIZATION AWARDS LITERARY PRIZES TO INDIVIDUALS BASED ON ARTISTIC MERIT IN RECOGNITION OF SIGNIFICANT ACCOMPLISHMENTS IN THE FIELD. THEREFORE, SINCE THE AWARDS AND PRIZES ARE NOT MADE TO FUND SPECIFIC PROJECTS OR ACTIVITIES OF THE RECIPIENTS, THE ORGANIZATION DOES NOT MONITOR THE EXPENDITURES OF THE RECIPIENTS. POETRY AWARDS ARE GIVEN TO INDIVIDUALS OF PROVEN MERIT FOR THEIR PERSONAL USE. X X 0 0 0 0 0 0 0 0 0 JENNIFER BENKA PRESIDENT/EXECUTIVE DIRECTOR 191380 0 15000 0 138 0 0 0 2085 0 208603 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS ELECTED BY RESOLUTION ON AN ANNUAL BASIS IN ACCORDANCE WITH THE ORGANIZATION'S BY-LAWS. THE COMMITTEE CONSISTS OF THE CHAIRMAN, THE TREASURER, THE SECRETARY, AND AT LEAST TWO OTHER DIRECTORS ON THE BOARD OF THE ORGANIZATION. THE COMMITTEE IS EMPOWERED TO ACT ON BEHALF OF THE BOARD, AS NEEDED. THE COMMITTEE MUST MAKE A REPORT TO THE FULL BOARD OF ANY ACTIONS THAT IT HAS UNDERTAKEN ON THE BOARD'S BEHALF SINCE ITS LAST MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE ACADEMY'S INDEPENDENT ACCOUNTANTS, REVIEWED BY THE EXECUTIVE DIRECTOR AND STAFF ACCOUNTANT, AS WELL AS THE FINANCE COMMITTEE. UPON COMPLETION OF THAT REVIEW, THE 990 IS DISTRIBUTED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C FOR EACH INTEREST DISCLOSED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE CHAIRMAN WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY; (C) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ORGANIZATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ORGANIZATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ORGANIZATION'S REMOVAL PROCEDURES. THE ORGANIZATION'S CHIEF EMPLOYED EXECUTIVE AND CHIEF EMPLOYED FINANCE EXECUTIVE WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE CHAIRMAN OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS INCLUDES THE FOLLOWING ELEMENTS: (1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE ORGANIZATION; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING. 1. REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE ORGANIZATION, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 2. USE OF DATA AS TO COMPARABLE COMPENSATION. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE AND UPON REQUEST. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.