2023-10-03T11:41:57-07:00 2022-12-31 202747426 RICH AND BANDER LLP 79 Madison Avenue 2nd Floor New York NY 10016 990 2022-01-01 133932909 CAVE CANEM FOUNDATION INC CAVE 7188580000 20 JAY STREET BROOKLYN NY 112018301 HAO WANG TREASURER 7188580000 2023-10-03 true HAO WANG XXX-XX-XXXX true JONATHAN A BANDER P00561220 2126842470 2023-10-03 X 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z HAO WANG SAME AS C ABOVE Brooklyn NY 112018301 1828809 false X WWW.CAVECANEMPOETS.ORG X 1997 NY TO CULTIVATE THE ARTISTIC AND PROFESSIONAL GROWTH OF AFRICAN AMERICAN POETS; PROMOTE PUBLIC APPRECIATION OF THE MANY VOICES OF AFRICAN AMERICAN POETRY. 9 9 10 0 0 0 717445 1808971 500 5537 46 76 3722 14225 721713 1828809 26040 6500 0 440180 657794 0 267939 312665 556442 778885 1220736 -57172 608073 666716 1340180 51468 112392 615248 1227788 TO CULTIVATE THE ARTISTIC AND PROFESSIONAL GROWTH OF AFRICAN AMERICAN POETS; PROMOTE PUBLIC APPRECIATION OF THE MANY VOICES OF AFRICAN AMERICAN POETRY. false false 391700 6500 3287 ALL OTHER ACCOMPLISHMENTS ANNUAL RETREAT CONSISTS OF A WEEK-LONG FLAGSHIP WRITING RETREAT PROVIDING BLACK POETS THE OPPORTUNITY TO LEARN AND WRITE ALONGSIDE PEERS AND WORLD-CLASS FACULTY AT THE UNIVERSITY OF PITTSBURGH AT GREENBURG, PA. PRIZES EXTEND AN AVENUE TO THE PUBLISHING SECTOR FOR BLACK POETS. AMONG OUR THREE AWARDS, THE EPONYMOUS CC POETRY PRIZE (ESTABLISHED IN 2000) IS THE MOST SIGNIFICANT AWARD, GIVEN TO A POET FOR A FULL LENGTH, DEBUT COLLECTION, ALONG WITH MONETARY SUPPLEMENT. PARTICIPATION IN CONFERENCES AND CONVENING SUCH AS AWP AND DODGE POETRY FESTIVAL. OTHER PROGRAMS INCLUDE GRANTS & RE-GRANTING AND RESIDENCES. 112026 0 2250 READINGS ARE HOSTED VIRTUALLY AND IN VENUES ACROSS NEW YORK CITY. FOUR READING SERIES FEATURE RECENT PUBLICATIONS (NEW WORKS), DEBUT COLLECTIONS (FIRST BOOKS), TALKS WITH PREEMINENT POETS (IN CONVERSATION), AN ANNUAL SYMPOSIUM (LEGACY SERIES), AND MORE. 71089 0 0 REGIONAL WORKSHOPS ACROSS THE U.S. PROVIDE EMERGING ADULT POETS A RARE OPPORTUNITY TO RECEIVE RIGOROUS INSTRUCTION WITH ACCOMPLISHED POETS. 574815 true true false false false false false false false false true false false false true true true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 53 0 false 10 true false false false false false false false false false false false false X 9 9 false false false false false false false true true false false false true true true true true true true false NY X X CAVE CANEM FOUNDATION INC 7188580000 20 JAY STREET SUITE 310-A BROOKLYN NY 112018301 ELISHA WILLIS INTERIM EXECUTIVE DIRECTOR 40.00 X 121617 0 11987 TOI DERRICOTTE DIRECTOR 1.00 X 1000 0 0 TYEHIMBA JESS PRESIDENT 20.00 X X 0 0 0 CORNELIUS EADY VICE PRESIDENT 20.00 X X 0 0 0 ALLEN A DREXEL ESQ SECRETARY 20.00 X X 0 0 0 HAO WANG TREASURER 20.00 X X 0 0 0 NOVELLA FORD DIRECTOR 1.00 X 0 0 0 LYNNE THOMPSON DIRECTOR 1.00 X 0 0 0 ROBERT POLITO DIRECTOR 1.00 X 0 0 0 MARCUS MAPLES DIRECTOR (RESIGNED SEPTEMBER 2022) 1.00 X 0 0 0 KELLY DAVIS DIRECTOR 1.00 X 0 0 0 122617 0 11987 1 false false false 136920 1672051 1808971 PROGRAM FEES 711300 5537 0 0 5537 76 0 76 MISCELLANEOUS INCOME 900099 14225 14225 0 0 14225 1828809 19762 0 76 6500 6500 130480 53378 11862 65240 408407 224453 124906 59048 79358 40914 20141 18303 39549 20768 10405 8376 71023 0 71023 0 199236 22230 94808 82198 10809 1428 8266 1115 19216 9726 4004 5486 30707 15161 7460 8086 26891 23559 2664 668 4584 2327 989 1268 8376 4310 1566 2500 ARTISTS FEES & HONORARIA 70706 69606 0 1100 OFFICE EQUIPMENT 6491 3317 1391 1783 CATERING AND HOSPITALITY 32041 12734 10574 8733 PRINTING, POSTAGE AND SHIPPING 907 109 491 307 75455 64295 7432 3728 1220736 574815 377982 267939 168829 245786 203026 578059 271200 398484 900 2173 7779 37248 26065 5592 2495 20473 2848 7357 9639 50600 666716 1340180 51468 72689 39703 51468 112392 X 371748 354868 243500 872920 615248 1227788 666716 1340180 608073 4467 X false true X true false X 0 0 444369 344193 744774 717445 1808971 4059752 7050 10236 17898 500 5537 41221 0 0 451419 354429 762672 717945 1814508 4100973 8771 107177 854865 970813 2373 2373 11144 107177 854865 973186 3127787 6 46 76 128 6 46 76 128 12389 26778 39167 4140268 0.75550 0.94020 0.00000 0.00000 X Pt III Ln 12 Other Income Part III, Line 12 Description: PROGRAM FEES 2018: 12389. 2019: 26778. Other Addl Info Schedule A Part III Section A Line 7a was updated to reflect amounts including disqualified persons for the years 2020 through 2022; and accordingly, Schedule A Part III Section C Line 16 2021 public support percentage was updated to reflect the aforementioned change. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 26065 5592 20473 20473 LEASE LIABILITIES 39703 39703 X 1883535 4467 50259 54726 1828809 1828809 1270995 50259 50259 1220736 1220736 Pt X, Line 2 CAVE CANEM'S CURRENT ACCOUNTING POLICY IS TO DISCLOSE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLY AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR IS IT AWARE OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. true EMERGENCY AND COMMUNITY RELIEF 13 6500 Pt VI, Line 12c CAVE CANEM REQUIRES ITS BOARD MEMBERS TO CONDUCT BUSINESS ACCORDING TO THE HIGHEST ETHICAL STANDARDS. BUSINESS DEALINGS THAT APPEAR TO CREATE A CONFLICT BETWEEN THE INTERESTS OF CAVE CANEM AND A BOARD MEMBER ARE UNACCEPTABLE. BOARD MEMBERS MUST DISCLOSE ANY POSSIBLE CONFLICTS TO THE EXECUTIVE COMMITTEE OF THE BOARD SO THAT THE COMMITTEE MAY ASSESS AND PREVENT POTENTIAL CONFLICTS OF INTEREST FROM ARISING. IF CONFLICTS OF INTEREST ARE DETERMINED TO EXIST, BOARD MEMBERS WITH SUCH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE BARRED FROM PARTICIPATING IN DELIBERATIONS AND/OR VOTING WITH RESPECT TO AFFECTED TRANSACTIONS. Pt VI, Line 15a THE EXECUTIVE COMMITTEE SETS COMPENSATION BASED ON BUDGET, INDUSTRY STANDARDS AND EXPERIENCE OF THE EMPLOYEE. THE EXECUTIVE COMMITTEE BRINGS THE COMPENSATION ARRANGEMENT TO THE FULL BOARD OF DIRECTORS FOR FINAL APPROVAL UPON RECOMMENDATION BY THE EXECUTIVE COMMITTEE, VIA A DETAILED ANNUAL BUDGET. Pt VI, Line 15b EXECUTIVE DIRECTOR PRESENTS A SALARY RANGE TO THE EXECUTIVE COMMITTEE, AND CONFERRING WITH THE HUMAN RESOURCES COMMITTEE CHAIR, SETS COMPENSATION BASED ON BUDGET, INDUSTRY STANDARDS AND EXPERIENCE OF THE EMPLOYEE. COMPENSATION IS APPROVED BY THE BOARD AS PART OF THE BUDGET RATIFICATION PROCESS. Pt VI, Line 19 CAVE CANEM FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON DEMAND. Pt VI, Line 11b BOARD REVIEWS 990 DURING THEIR ANNUAL MEETING. Form 990, Part IX, Line 11g FUNDRAISING CONSULTANT FEES 79000. 0. 0. 79000. Form 990, Part IX, Line 11g OTHER ADMINISTRATIVE 109354. 11348. 94808. 3198. Form 990, Part IX, Line 11g PRODUCTION/TECHNICAL 8874. 8874. 0. 0. Form 990, Part IX, Line 11g PAYROLL FEES 2008. 2008. 0. 0.