2021-03-31T11:05:13-05:00 2020-06-30 133597814 SKODY SCOT & CO CPAS PC 520 EIGHTH AVE SUITE 2200 NEW YORK NY 10018 990 2019-07-01 521996380 LAMBDA LITERARY FOUNDATION LAMB 2132775755 PO BOX 20186 NEW YORK NY 10014 SUSAN R LANDERS EXECUTIVE DIR. 2132775755 2021-03-31 1 WILLIAM SKODY P00631754 2129671100 2021-03-29 2019 2022-09-23 18:48:47Z X SUSAN R LANDERS PO BOX 20186 NEW YORK NY 10014 1023684 0 X LAMBDALITERARY.ORG X 1996 DC NURTURES AND ADVOCATES FOR LGBTQ WRITERS, ELEVATING THE IMPACT OF THEIR WORDS TO CREATE COMMUNITY 11 11 7 111 5528 0 176993 869606 155081 153971 20 107 0 0 332094 1023684 8710 9500 0 0 154971 321980 0 0 56855 187668 270938 351349 602418 -19255 421266 188926 561947 66605 18360 122321 543587 X TO NURTURE, CELEBRATE AND PRESERVE LESBIAN, GAY, BISEXUAL AND TRANSGENDER (LGBT) LITERATURE THROUGH PROGRAMS THAT HONOR EXCELLENCE, PROMOTE VISIBILITY AND ENCOURAGE DEVELOPMENT OF EMERGING WRITERS. 0 0 114320 9500 60820 LAMBDA LITERARY AWARDS - AN ANNUAL AWARD GALA HONORING AUTHORS OF LGBT BOOKS WHICH HAVE BEEN REVIEWED BY A PANEL OF EXPERTS AND SELECTED FOR THEIR EXCELLENCE IN WRITING. 107644 87623 WRITERS' RETREAT - A WEEK-LONG RETREAT OFFERING LGBT WRITERS THE CHANCE TO BE IMMERSED IN FICTION, NONFICTION, OR POETRY, AND TO LEARN FROM OTHER LGBT WRITERS AND PUBLISHING INDUSTRY PROFESSIONALS. 89589 WRITERS IN SCHOOLS - BRINGING AWARD-WINNING LGBT WRITERS INTO SCHOOLS TO DISCUSS THEIR BOOKS AND LIVES WITH STUDENTS. 44930 THE LAMBDA LITERARY REVIEW 48924 LAMBDA LITFEST 93854 405407 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 76 0 1 7 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 CA DC NY X THE ORGANIZATION 2132775755 PO BOX 20186 NEW YORK NY 10014 KIM HOOVER PRESIDENT 3.00 X X 0 0 0 RAKESH SATAYL VICE PRESIDENT 3.00 X X 0 0 0 ROBERT GUINSLER SECRETARY 3.00 X X 0 0 0 J MICHAEL SAMUELS TREASURER 3.00 X X 0 0 0 TAMIKA BUTLER DIRECTOR 3.00 X 0 0 0 DAVID JENSEN DIRECTOR 3.00 X 0 0 0 DARNELL MOORE DIRECTOR 3.00 X 0 0 0 CHRISTOPHER SOTO DIRECTOR 3.00 X 0 0 0 JOE GARRETT DIRECTOR 3.00 X 0 0 0 KENT D WOLF DIRECTOR 3.00 X 0 0 0 CAROLINE YOUNG DIRECTOR 3.00 X 0 0 0 SUE LANDERS EXECUTIVE DIRECTOR 50.00 X 106638 0 7433 106638 0 7433 1 0 0 0 0 234859 634747 869606 WRITERS' RETREAT 900099 87623 87623 LAMBDA LITERARY AWARDS 900099 60820 60820 LAMBDA LITERARY REVIEW 541800 5528 5528 153971 107 107 1023684 148443 5528 107 X 4500 4500 5000 5000 114815 86111 11482 17222 173314 112777 43886 16651 12240 4042 7509 689 21611 14919 4151 2541 15850 15850 86864 61221 11640 14003 5684 5634 50 15987 969 9269 5749 2579 2579 14346 14346 946 946 VENUE RENTAL 55007 55007 SUPPLIES 19040 18404 636 HONORARIA 13802 13802 MEALS & ENTERTAINMENT 12661 8525 4136 28172 11917 16255 602418 405407 140156 56855 110980 354098 59087 111936 7500 95913 11359 0 41166 41166 0 0 188926 561947 22113 18360 44492 0 66605 18360 X 122321 487143 56444 122321 543587 188926 561947 421266 0 X X 0 1 X 1 0 X 247028 366704 367433 176993 869606 2027764 247028 366704 367433 176993 869606 2027764 72212 1955552 3 5 31 20 107 166 6317 11882 9293 4439 5528 37459 2065389 910830 0.94680 0.85560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38797 38797 0 2369 2369 0 0 X PART X, LINE 2: THE ORGANIZATION IS GENERALLY EXEMPT FROM INCOME TAXES, HOWEVER, IT DOES PAY INCOME TAXES ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION HAS ADVERTISING REVENUES WHICH IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. AT JUNE 30, 2020 AND JUNE 30, 2019, THE ORGANIZATION INCURRED A TAX EXPENSE ON THIS UNRELATED BUSINESS ACTIVITY OF $5,528 AND $4,439, RESPECTIVELY. ANY CURRENT TAX LIABILITY FOR THIS ACTIVITY IS NOT SEPARATELY STATED BECAUSE IT IS IMMATERIAL. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE TAX RETURNS THAT MAY BE SUBJECT TO TAX EXAMINATION BY THE VARIOUS TAX AGENCIES ARE 2015 AND THEREAFTER. 1 0 0 0 0 0 0 0 0 0 LAMBDA LITERARY AWARDS NORTH AMERICA CANADA 1 5000 LAMBDA LITERARY AWARDS CASH 0 0 0 0 0 0 PART I, LINE 2: RANTS ARE AWARDED BASED ON SPECIFIC CRITERIA AND ARE APPROVED BY THE BOARD COMMITTEE THAT OVERSEES ALL RECIPIENTS OF GRANTS. PART III ACCOUNTING METHOD: FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL FORM 990 (FILED WITH THE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION. IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IF THERE ARE ANY MATERIAL CHANGES, AN AMENDED FORM 990 WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION. ANY CONFLICT IS REVIEWED BY THE BOARD BEFORE A DECISION IS MADE AS TO WHETHER TO APPROVE THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THIS REVIEW INCLUDES RESEARCHING GUIDESTAR, 990S, NY NON-PROFIT NETWORK ANNUAL SALARY SURVEY, PHONE CALLS TO OTHER ORGANIZATIONS TO COLLECT DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS - LAMBDA LITERARY AWARDS: PROGRAM SERVICE EXPENSES 6,085. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,085. CONSULTANTS - WRITERS' RETREAT: PROGRAM SERVICE EXPENSES 12,077. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,077. CONSULTANTS - LAMBDA LITERARY REVIEW: PROGRAM SERVICE EXPENSES 22,434. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,434. CONSULTANTS - WRITERS IN SCHOOLS: PROGRAM SERVICE EXPENSES 17,275. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,275. CONSULTANTS - LITFEST: PROGRAM SERVICE EXPENSES 3,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,350. CONSULTANTS - OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,640. FUNDRAISING EXPENSES 14,003. TOTAL EXPENSES 25,643. FORM 990. PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.