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The Academy Of American Poets Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131879953 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Academy Of American Poets Inc?

The Academy of American Poets Inc, situated in New York City, New York, is a distinguished nonprofit organization that champions American poetry. Their primary mission is to uplift poets by offering fellowships, awards, and prizes, such as the Poets Laureate Fellowships, Letras Boricuas Fellowship, and Amazon Literary Partnerships. They also bestow prestigious awards like the Wallace Stevens Award, Academy Fellowship, Lenore Marshall Prize, James Laughlin Award, Walt Whitman Award, Raiziss/de Palchi Translation Award, Harold Morton Landon Translation Award, American Poets Emergency Fund, and Treehouse Climate Action Poetry Prize. In addition, they grant student prizes at numerous colleges and universities nationwide. During the COVID-19 pandemic, The Academy of American Poets, in collaboration with the Community of Literary Magazine & Presses (CLMP) and the National Book Foundation, launched the Literary Arts Emergency Fund (LAEF). This initiative distributed and regranted $1 million in funding to 24 nonprofit literary arts organizations and publishers in the U.S. that suffered continued financial losses due to the pandemic. Their efforts serve to promote and support American poetry, thereby fostering a vibrant and creative literary landscape.


Official website here: www.poets.org

Is The Academy Of American Poets Inc legitimate?

The Academy Of American Poets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Academy Of American Poets Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $180,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $867,969

For more financial information, click here


Official website here: www.poets.org

What is the mission statement of The Academy Of American Poets Inc?

The Academy of American Poets Inc has a mission to encourage, stimulate, and foster the production of American poetry. They achieve this by providing fellowships for accomplished poets, granting scholarships, awards, and prizes for poetic achievements, and employing various means as determined by their board of directors. The organization's objectives include supporting poets financially through various awards and prizes, such as the Poets Laureate Fellowships, Letras Boricuas Fellowship, Amazon Literary Partnerships, and numerous student prizes at colleges and universities nationwide. Additionally, the Academy administered and awarded more than $2.1 million in poetry awards and prizes in 2020. In response to the COVID-19 pandemic, the organization launched and administered the Literary Arts Emergency Fund (LAEF) alongside the Community of Literary Magazine & Presses (CLMP) and the National Book Foundation. This fund distributed and regranted $1 million to 24 nonprofit literary arts organizations and publishers experiencing financial losses due to the pandemic, made possible by a grant from the Mellon Foundation.


Official website here: www.poets.org

Who is the CEO of The Academy Of American Poets Inc?

Tess O'Dwyer is the Chair of The Academy Of American Poets Inc.


Official website here: www.poets.org

What is the revenue of The Academy Of American Poets Inc?

The Academy Of American Poets Inc's revenue in 2022 was $5,154,434.


Official website here: www.poets.org

Who are the executives of The Academy Of American Poets Inc and what are their salaries?

The average compensation at The Academy Of American Poets Inc during 2022 was $47,657. There are 22 employees and 21 volunteers at The Academy Of American Poets Inc.

Here are 24 key members and their salaries:

    Jennifer Benka (President/Executive Director)
  • Compensation: $189,006
  • Related: $0
  • Other: $1,882

    • Leonard Ejiogu (Vp Of Finance & Admin)
  • Compensation: $119,583
  • Related: $0
  • Other: $3,747

    • Jeffery Gleaves (Digital Engagement & Content Director)
  • Compensation: $106,904
  • Related: $0
  • Other: $256

    • Tess O'Dwyer (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexandra C Jackson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Schiff (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frederick Luis Aldama (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sidney Clifton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracie C Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anjali Khosla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Camille Lannan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Albert Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel J Nadler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruno Navasky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Rayman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elda Rotor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Sobol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rose Styron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maurice Tempelsman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William D Zabel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.poets.org

    Where can I find the form 990 for The Academy Of American Poets Inc?

    The The Academy Of American Poets Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.poets.org

    Learn more at the official website: www.poets.org

    Mission Statement of The Academy Of American Poets Inc

    The Academy of American Poets Inc is dedicated to supporting American poets and promoting poetry. In line with its mission, the organization provides fellowships and awards to poets of proven merit, grants scholarships, awards, and prizes for poetic achievement, and employs various methods to encourage and stimulate the production of poetry, as determined by its Board of Directors.

    The Academy of American Poets Inc plays a significant role in recognizing and rewarding talented poets through various awards and grants. Some of the notable awards and prizes administered and awarded by the organization include the Poets Laureate Fellowships, Letras Boricuas Fellowship, Amazon Literary Partnerships, Wallace Stevens Award, Academy Fellowship, Lenore Marshall Prize, James Laughlin Award, Walt Whitman Award, Raiziss/ de Palchi Translation Award, Harold Morton Landon Translation Award, American Poets Emergency Fund, Treehouse Climate Action Poetry Prize, and student prizes at numerous colleges and universities across the nation.

    Furthermore, during the COVID-19 pandemic, the Academy of American Poets collaborated with the Community of Literary Magazine & Presses (CLMP) and the National Book Foundation to launch and administer the Literary Arts Emergency Fund (LAEF). This fund distributed and regranted $1 million to 24 nonprofit literary arts organizations and publishers across the United States that experienced financial losses as a result of the pandemic. The Academy of American Poets' commitment to supporting and uplifting poets and the literary community is exemplified through their various awards, grants, and collaborative initiatives.

    Impact

    This information is meant to be a general summary of The Academy Of American Poets Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Academy of American Poets Inc has a significant impact on the literary world by supporting poets through fellowships and prizes and promoting poetry. They have administered and awarded over $2.1 million in poetry awards and prizes, including prestigious honors such as Poets Laureate Fellowships, Letras Boricuas Fellowship, and the Wallace Stevens Award. Additionally, the Academy provides support through initiatives like the American Poets Emergency Fund and the Treehouse Climate Action Poetry Prize. Their efforts contribute to the encouragement, stimulation, and fostering of American poetry, showcasing the organization's dedication to furthering the art form.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $266,534
  • Program Service Revenue: $190,221
  • Gross Receipts: $5,154,434

    • Assets and Liabilities:
  • Total Assets: $14,577,206
  • Total Liabilities: $1,542,430
  • Net Assets: $13,034,776
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PUBLICATION & WEBSITE

    Revenue

    $101,617

    PROGRAM FEES

    Revenue

    $44,920

    EVENT ADMISSIONS

    Revenue

    $43,684

    Organization Details

    Founding Year

    1934

    Principal Officer

    Tess O'Dwyer

    Main Address

    75 MAIDEN LANE 901, NEW YORK, NY, 10038

    NTEE Category

    Code: A700 - Arts

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