GRAYWOLF PRESS: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GRAYWOLF PRESS (EIN 91-1257237)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-15
- IRS object ID
- 201221369349306857
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T15:48:23-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET SUITE 300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911257237 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRAYWOLF PRESS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GRAY | NameControl |
| Phone | 6516410077 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 THIRD AVENUE N NO 600 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55401 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FIONA MCCRAE | Name |
| Title | DIRECTOR AND PUBLISHER | Title |
| Phone | 6516410077 | Phone |
| Date Signed | 2012-04-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LARRY ADAMS | Name |
| PTIN | P01314654 | PTIN |
| Phone | 6123764500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | FIONA MCCRAE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 THIRD AVENUE N NO 600 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2986628 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GRAYWOLFPRESS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1974 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | GRAYWOLF PRESS IS DEDICATED TO THE CREATION OF THOUGHFUL AND IMAGINATIVE CONTEMPORARY LITERATURE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 19 | NbrIndependentVotingMembers |
| Total Nbr Employees | 11 | TotalNbrEmployees |
| Total Nbr Volunteers | 37 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 640774 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1690830 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 180479 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 109497 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5562 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1787 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 604393 | OtherRevenuePriorYear |
| Other Revenue Current Year | 727435 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1431208 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2529549 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 481897 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 595225 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 209131 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1048851 | OtherExpensePriorYear |
| Other Expenses Current Year | 1016620 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1530748 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1611845 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -99540 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 917704 | RevenuesLessExpensesCY |
| Total Assets BOY | 1551745 | TotalAssetsBOY |
| Total Assets EOY | 2483971 | TotalAssetsEOY |
| Total Liabilities BOY | 273181 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 287703 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1278564 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2196268 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | GRAYWOLF PRESS IS DEDICATED TO THE CREATION AND PROMOTION OF THOUGHTFUL AND IMAGINATIVE CONTEMPORARY LITERATURE ESSENTIAL TO A VITAL AND DIVERSE CULTURE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 430128 | Expense |
| Grants | 0 | Grants |
| Revenue | 728202 | Revenue |
| Description | GRAYWOLF PRESS, FOUNDED IN 1974, PUBLISHES HIGH-QUALITY POETRY, FICTION, AND LITERARY NONFICTION THAT IS NOT WELL SERVED BY MAINSTREAM PUBLISHERS, AND BRINGS THAT WORK TO THE WIDEST POSSIBLE AUDIENCE. OUR ANNUAL OPERATING BUDGET OF $2.3 MILLION RANKS GRAYWOLF AS ONE OF THE COUNTRY'S LARGEST LITERARY NONPROFIT PRESSES. THE CONTINUED ABSORPTION OF INDEPENDENT LITERARY PRESSES BY COMMERCIAL CONGLOMERATES THREATENS THE LITERARY LANDSCAPE: CURRENTLY FIVE MEDIA CONGLOMERATES PUBLISH 80 PERCENT OF U.S. BOOKS. GRAYWOLF'S ROLE, AS A ROBUST NONPROFIT LITERARY PUBLISHER, IS TO COUNTER THAT TREND AND GIVE PROMINENCE TO LITERATURE, RECOGNIZE AND NURTURE THE WRITERS WHO PRODUCE IT, AND CONNECT NEW AUTHORS TO AUDIENCES HUNGRY FOR UNIQUE LITERARY VOICES. COST OF SALES - COST OF SALES INCLUDES SERVICES DIRECTLY RELATED TO THE PRODUCTION AND SELLING OF BOOKS, INCLUDING ACTUAL MANUFACTURING COSTS, ROYALTIES DUE TO AUTHORS, CONTRACT FEES CHARGED TO GRAYWOLF FOR DISTRIBUTION SERVICES AND THE COST OF THE ESTIMATED INCREASE IN UNSALEABLE INVENTORY.GRAYWOLF PUBLISHED TWENTY-NINE BOOKS IN 2011 THAT GENERATED A RECORD AMOUNT OF SALES AND RECEIVED AN UNPRECEDENTED LEVEL OF RECOGNITION. WE REACHED AN ESTIMATED AUDIENCE OF 225,000 PEOPLE. GRAYWOLF AUTHORS READ AT MORE THAN 300 EVENTS AND REACHED MORE THAN 9,500 READERS. -TWO GRAYWOLF AUTHORS ARE FINALISTS FOR THE 2012 MINNESOTA BOOK AWARDS - "IN CADDIS WOOD" BY MARY FRANCOIS ROCKCASTLE AND "INVISIBLE STRINGS" BY JIM MOORE.-OF THE TWENTY-NINE TITLES WE PUBLISHED IN 2011, ELEVEN RECEIVED POSITIVE REVIEWS IN THE STAR TRIBUNE AND MORE THAN ONE-THIRD RECEIVED POSITIVE REVIEWS IN THE NEW YORK TIMES AND THE NEW YORK TIMES BOOK REVIEW. -"THE LAST BROTHER" BY NATHACHA APPANAH, "VOLT" BY ALAN HEATHCOCK, AND "CHILD WONDER" BY NORWEGIAN AUTHOR ROY JACOBSEN WERE NAMED BARNES & NOBLE DISCOVER GREAT NEW WRITERS SELECTIONS FOR 2011. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 420962 | Expense |
| Grants | 0 | Grants |
| Revenue | 57206 | Revenue |
| Description | PROMOTION AND OUTREACH EFFORTS FOR THE PUBLICATIONS THAT INCLUDE AUTHOR READINGS, DISCUSSION PANELS, LECTURES AND CLASSES CONDUCTED BY STAFF.-SWEDISH POET TOMAS TRANSTROMER WAS AWARDED THE 2011 NOBEL PRIZE IN LITERATURE. IN 2001, GRAYWOLF PUBLISHED "THE HALF-FINISHED HEAVEN: THE BEST POEMS OF TOMAS TRANSTROMER," CHOSEN AND TRANSLATED BY ROBERT BLY, TO CRITICAL ACCLAIM. MORE THAN 500 PEOPLE CELEBRATED THE HONOR WHEN ROBERT BLY READ AT PLYMOUTH CONGREGATIONAL CHURCH IN MINNEAPOLIS IN DECEMBER, 2011.-DEBORAH BAKER'S "THE CONVERT: A TALE OF EXILE AND EXTREMISM" WAS NAMED A FINALIST FOR THE NATIONAL BOOK AWARD IN NONFICTION. "THE CONVERT" ALSO RECEIVED STARRED REVIEWS FROM PUBLISHERS WEEKLY, KIRKUS REVIEWS, AND LIBRARY JOURNAL, AND WAS CHOSEN AS ONE OF THE TOP 100 BOOKS OF 2011 BY THE KANSAS CITY STAR. -THE UNIVERSITY OF CINCINNATI AND THE BLAKE SCHOOL OF MINNEAPOLIS SELECTED "NOTES FROM NO MAN'S LAND" BY EULA BISS, WINNER OF THE 2009 NATIONAL BOOK CRITICS CIRCLE AWARD FOR CRITICISM, AS THEIR COMMON READ FOR THE 2011-2012 SCHOOL YEAR. BISS VISITED BLAKE AND LED A DISCUSSION ABOUT RACE WITH AN AUDIENCE OF OVER SIXTY STUDENTS, PARENTS, TEACHERS, AND COMMUNITY MEMBERS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 384792 | Expense |
| Grants | 0 | Grants |
| Revenue | 52291 | Revenue |
| Description | EDITORIAL SERVICES - INCLUDES DEVELOPING MANUSCRIPTS AND PREPARING THEM FOR PUBLICATION, CULTIVATING AUTHORS AND DEVELOPING AND MAINTAINING AN AUDIENCE FOR CONTEMPORARY LITERATURE. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1235882 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 97 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 11 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 19 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIT BRIEM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6516410077 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 THIRD AVENUE N SUITE 600 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55401 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| BETSY HANNAFORD | ||||||
| CHAIR | 2.00 | X | X | 0 | 0 | 0 |
| COLIN HAMILTON | ||||||
| VICE-CHAIR | 2.00 | X | X | 0 | 0 | 0 |
| LENI DARROW MOORE | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| JOHN JUNEK | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| RONNIE BROOKS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| SHIRLEY HUGHES | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ED MCCONAGHAY | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JENNIFER MELIN MILLER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| GLENN MILLER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| WENDA MOORE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| GEORGIA MURPHY JOHNSON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| BRUNO QUINSON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| GAIL SEE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| KIM SEVERSON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| KATE TABNER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| KIM VAPPIE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JOANNE VON BLON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| MELINDA WARD | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| FIONA MCCRAE | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 115145 | 0 | 12029 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 115145 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 12029 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 160911 | GovernmentGrants |
| All Other Contributions | 1529919 | AllOtherContributions |
| Noncash Contributions | 15239 | NoncashContributions |
| Total Contributions | 1690830 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RIGHTS REVENUE | Description |
| Business Code | 511130 | BusinessCode |
| Total Revenue Column | 109497 | TotalRevenueColumn |
| Related Or Exempt Function Income | 109497 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 109497 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1787 | TotalRevenueColumn |
| Exclusion | $1,787 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 49973 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 49973 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 4332 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 5099 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -767 | TotalRevenueColumn |
| Exclusion | -$767 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1130209 | GrossSalesOfInventory |
| Cost Of Goods Sold | 402007 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 728202 | TotalRevenueColumn |
| Related Or Exempt Function Income | 728202 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2529549 | TotalRevenueColumn |
| Related Or Exempt Function Income | 837699 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,020 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127174 | Total |
| Program Services | 80057 | ProgramServices |
| Management And General | 17845 | ManagementAndGeneral |
| Fundraising | 29272 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 359868 | Total |
| Program Services | 226684 | ProgramServices |
| Management And General | 50751 | ManagementAndGeneral |
| Fundraising | 82433 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12649 | Total |
| Program Services | 7915 | ProgramServices |
| Management And General | 1689 | ManagementAndGeneral |
| Fundraising | 3045 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61137 | Total |
| Program Services | 38254 | ProgramServices |
| Management And General | 8164 | ManagementAndGeneral |
| Fundraising | 14719 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34397 | Total |
| Program Services | 21522 | ProgramServices |
| Management And General | 5125 | ManagementAndGeneral |
| Fundraising | 7750 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12222 | Total |
| Management And General | 12222 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84846 | Total |
| Program Services | 58642 | ProgramServices |
| Management And General | 23296 | ManagementAndGeneral |
| Fundraising | 2908 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33907 | Total |
| Program Services | 33907 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103594 | Total |
| Program Services | 75923 | ProgramServices |
| Management And General | 15278 | ManagementAndGeneral |
| Fundraising | 12393 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31194 | Total |
| Program Services | 19750 | ProgramServices |
| Management And General | 5038 | ManagementAndGeneral |
| Fundraising | 6406 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 216670 | Total |
| Program Services | 216670 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51902 | Total |
| Program Services | 27583 | ProgramServices |
| Management And General | 16545 | ManagementAndGeneral |
| Fundraising | 7774 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39148 | Total |
| Program Services | 34907 | ProgramServices |
| Fundraising | 4241 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11850 | Total |
| Program Services | 2422 | ProgramServices |
| Management And General | 1725 | ManagementAndGeneral |
| Fundraising | 7703 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20693 | Total |
| Program Services | 13102 | ProgramServices |
| Management And General | 3342 | ManagementAndGeneral |
| Fundraising | 4249 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6302 | Total |
| Program Services | 3990 | ProgramServices |
| Management And General | 1018 | ManagementAndGeneral |
| Fundraising | 1294 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|
| DISTRIBUTION FEES | 213459 | 213459 | |
| PROMOTION EXPENSES | 123620 | 106803 | 16817 |
| COMPLIMENTARY COPIES | 23535 | 23535 | |
| DUES AND SUBSCRIPTIONS | 14007 | 9390 | 4617 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29671 | Total |
| Program Services | 21367 | ProgramServices |
| Management And General | 4794 | ManagementAndGeneral |
| Fundraising | 3510 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1611845 | Total |
| Program Services | 1235882 | ProgramServices |
| Management And General | 166832 | ManagementAndGeneral |
| Fundraising | 209131 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 549260 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 593225 | BOY |
| EOY | 102653 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 157895 | BOY |
| EOY | 799051 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 206869 | BOY |
| EOY | 300286 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 366859 | BOY |
| EOY | 427081 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22125 | BOY |
| EOY | 28901 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 161120 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 96502 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60021 | BOY |
| EOY | 64618 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144751 | BOY |
| EOY | 212121 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1551745 | BOY |
| EOY | 2483971 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45360 | BOY |
| EOY | 41469 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 129787 | BOY |
| EOY | 140035 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98034 | BOY |
| EOY | 106199 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 273181 | BOY |
| EOY | 287703 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 657537 | BOY |
| EOY | 905061 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 521027 | BOY |
| EOY | 1191207 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100000 | BOY |
| EOY | 100000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1278564 | BOY |
| EOY | 2196268 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1551745 | BOY |
| EOY | 2483971 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 917704 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 509308 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 551366 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 676164 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 640774 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1690830 | CurrentTaxYear |
| Total | 4068442 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 509308 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 551366 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 676164 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 640774 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1690830 | CurrentTaxYear |
| Total | 4068442 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 903250 | AmountsSubstContributorsTotal |
| Public Support Total170 | 3165192 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 32393 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 19525 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9717 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5562 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1787 | CurrentTaxYear |
| Total | 68984 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 140482 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 349639 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 180479 | CurrentTaxYearMinus1Year |
| Current Tax Year | 109497 | CurrentTaxYear |
| Total | 780097 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 4917523 | TotalSupport |
| Public Support Pertcentage170 | 0.64370 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.60700 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: RIGHTS REVENUE | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 0 | PoliticalExpenditures |
| Volunteer Hours | 0 | VolunteerHours |
| Amt Of4955 Tax | 0 | AmtOf4955Tax |
| Amt Of4955 Tax On Managers | 0 | AmtOf4955TaxOnManagers |
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 1 | GrantsOtherOrganizations |
| Grants Other Organizations | $3,567 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 3567 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART IV, SUPPLEMENTAL INFORMATION: | Identifier |
| Explanation | SCHEDULE C, PART II-B, LINE 1F: THE ORGANIZATION PAYS MEMBERSHIP DUES TO TWO ORGANIZATIONS THAT LOBBY ON BEHALF OF THE ORGANIZATION. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 103731 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 766 | InvestmentEarningsOrLosses |
| Other Expenditures | 2826 | OtherExpenditures |
| End Of Year Balance | 101671 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 103367 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 1364 | InvestmentEarningsOrLosses |
| Other Expenditures | 1000 | OtherExpenditures |
| End Of Year Balance | 103731 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 102926 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 1771 | InvestmentEarningsOrLosses |
| Other Expenditures | 1000 | OtherExpenditures |
| End Of Year Balance | 103697 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 102330 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 2596 | InvestmentEarningsOrLosses |
| Other Expenditures | 1000 | OtherExpenditures |
| End Of Year Balance | 103926 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.98400 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01600 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 85995 | OtherCostOrOtherBasis |
| Depreciation | 34140 | Depreciation |
| Book Value | 51855 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 75125 | OtherCostOrOtherBasis |
| Depreciation | 62362 | Depreciation |
| Book Value | 12763 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 64618 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ROYALTY ADVANCES | Description |
| Book Value | 212121 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 212121 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ROYALTY PAYABLE | Description |
| Amount | $106,199 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 106199 | TotalOfAmounts |
| Total Revenue | 2529549 | TotalRevenue |
| Total Expenses | 1611845 | TotalExpenses |
| Excess Or Deficit For Year | 917704 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 917704 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2932181 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 625 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 402007 | OtherRevenues |
| Revenue Not Rptd F990 | 402632 | RevenueNotRptdF990 |
| Revenue Subtotal | 2529549 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2529549 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2014477 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 625 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 402007 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 402632 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1611845 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1611845 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE FUNDS DRAWN FROM THE ENDOWMENT SHALL BE USED FOR THE PURPOSE OF SUPPORTING THE GRAYWOLF PRESS NONFICTION PRIZE UNTIL SUCH TIME AS SUCH CHARITABLE USE, IN THE JUDGMENT OF THE TRUSTEE (OR THE TRUSTEES DESIGNATED REPRESENTATIVE) AND THE BOARD OF DIRECTORS OF GRAYWOLF PRESS, BECOMES UNDESIRABLE, IMPRACTICAL, IMPOSSIBLE, OR NO LONGER ADAPTS TO THE MISSION OF GRAYWOLF PRESS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE ORGANIZATION HAS A TAX-EXEMPT STATUS UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ASC 740-10. THE ORGANIZATION'S POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS, AT LEAST ANNUALLY, FOR THE POTENTIAL FOR INCOME TAX EXPOSURE FROM UNRELATED BUSINESS INCOME OR FROM LOSS OF NONPROFIT STATUS. THE ORGANIZATION CONTINUES TO OPERATE CONSISTENT WITH ITS ORIGINAL EXEMPTION APPLICATION AND EACH YEAR TAKES THE NECESSARY ACTIONS TO MAINTAIN ITS EXEMPT STATUS. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. THE ORGANIZATION'S 2008 TO 2011 TAX RETURNS ARE SUBJECT TO REVIEW BY FEDERAL AND STATE AUTHORITIES. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 402,007. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 402,007. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CONTINUATION OF ORGANIZATION'S MISSION | FORM 990, PART III, LINE 1 | ALL OF THE ORGANIZATION'S PUBLICATIONS ARE DISTRIBUTED AND PROMOTED INTERNATIONALLY. PROMOTION AND OUTREACH EFFORTS ALSO INCLUDE AUTHOR READINGS, DISCUSSION PANELS, LECTURES AND CLASSES CONDUCTED BY GRAYWOLF PRESS STAFF. |
| FORM 990, PART VI, SECTION A, LINE 1 | THE ORGANIZATION'S EXECUTIVE COMMITTEE IS COMPRISED OF THE PRESIDENT AND OTHER DIRECTORS APPOINTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS SUBJECT TO SUCH LIMITATIONS THE BOARD MAY IMPOSE FROM TIME TO TIME. UNLESS SPECIFICALLY AUTHORIZED BY THE BOARD OF DIRECTORS BY RESOLUTION APPROVED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DIRECTORS, THE EXECUTIVE COMMITTEE DOES NOT HAVE THE AUTHORITY OR POWER TO ELECT OFFICERS, TO AMEND THE ARTICLES OF INCORPORATION, TO ADOPT A PLAN OF MERGER OR CONSOLIDATION, TO AUTHORIZE THE SALE, ENCUMBRANCE OR DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE ORGANIZATION, TO AUTHORIZE A VOLUNTARY DISSOLUTION OF THE CORPORATION OR A REVOCATION THEREOF, OR TO AMEND THE BYLAWS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE DRAFT FORM 990 IS REVIEWED IN DETAIL BY THE FINANCE AND OPERATIONS COMMITTEE. THE BOARD WILL BE PROVIDED AN ELECTRIC OR PAPER COPY OF THE FINAL FORM 990, REFLECTING ANY CHANGES MADE AT THE DIRECTION OF THE COMMITTEE, ALONG WITH THE COMMITTEE'S RECOMMENDATION THAT THE BOARD AUTHORIZE ITS EXECUTION AND FILING ON BEHALF OF THE ORGANIZATION. BEFORE TAKING ACTION ON THE COMMITTEE'S RECOMMENDATION, THE BOARD WILL BE AFFORDED THE OPPORTUNITY TO RAISE QUESTIONS ABOUT THE CONTENT OF THE FORM 990 WITH MEMBERS OF THE COMMITTEE AND/OR THE FIRM'S EXTERNAL AUDITORS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS BOARD DIRECTORS, OFFICERS, AND EMPLOYEES (RESPONSIBLE PERSONS). EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. BEFORE BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE IS DOCUMENTED IN THE MINUTES OF THE MEETING. A PERSON WHO HAS AS CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION AND DETERMINATION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACTOR OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS BY SECRET BALLOT. SUCH PERSON'S INELIGIBILITY TO VOTE IS DOCUMENTED IN THE MINUTES OF THE MEETING. RESPONSIBLE PERSONS WHO ARE NOT MEMBERS OF THE BOARD OF DIRECTORS OF THE ORGANIZATION, OR WHO HAVE A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT IS NOT THE SUBJECT OF BOARD OR COMMITTEE ACTION, SHALL DISCLOSE TO THE CHIEF EXECUTIVE OR TO THE BOARD CHAIR OR THE CHAIR'S DESIGNEE, ANY CONFLICT OF INTEREST THAT SUCH RESPONSIBLE PERSON HAS WITH RESPECT TO A CONTACT OR TRANSACTION. SUCH DISCLOSURE SHALL BE MADE AS SOON AS THE CONFLICT OF INTEREST IS KNOWN TO THE RESPONSIBLE PERSON. THE RESPONSIBLE PERSON SHALL REFRAIN FROM ANY ACTION THAT MAY AFFECT THE ORGANIZATION'S PARTICIPATION IN SUCH CONTRACT OR TRANSACTION. IN THE EVENT IT IS NOT ENTIRELY CLEAR THAT A CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL WITH THE POTENTIAL CONFLICT SHALL DISCLOSE THE CIRCUMSTANCES TO THE CHIEF EXECUTIVE OR BOARD CHAIR OR THE CHAIR'S DESIGNEE, WHO SHALL DETERMINE WHETHER THERE EXISTS A CONFLICT OF INTEREST THAT IS SUBJECT TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | ACTIONS AFFECTING THE COMPENSATION OF THE EXECUTIVE DIRECTOR ARE APPROVED BY THE BOARD OF DIRECTORS BASED UPON THE RECOMMENDATION OF THE BOARD CHAIR AND THE CHAIR OF THE BOARD'S FINANCE AND OPERATIONS COMMITTEE. THESE RECOMMENDATIONS ARE BASED ON, AMONG OTHER THINGS, (1) THE RESPONSIBILITIES AND REQUIREMENTS OF THE EXECUTIVE DIRECTOR, AS DETERMINED BY THE BOARD OF DIRECTORS; (2) REFERENCE TO THE COMPENSATION OF INDIVIDUALS IN POSITIONS DEEMED COMPARABLE TO THAT OF THE EXECUTIVE DIRECTOR, AS FOUND (FOR EXAMPLE) IN THE MINNESOTA NONPROFIT SURVEY; AND (3) THE PERFORMANCE OF THE ORGANIZATION UNDER THE EXECUTIVE DIRECTOR'S LEADERSHIP, IN ACHIEVING THE GOALS ESTABLISHED IN ITS STRATEGIC PLAN ADOPTED BY THE BOARD. THE DELIBERATIONS AND DECISION OF THE BOARD ARE UNDERTAKEN IN A MINUTED EXECUTIVE SESSION. THE PROCESS WAS UNDERTAKEN IN 2011 TO APPROVE THE CURRENT COMPENSATION OF THE EXECUTIVE DIRECTOR, F. MCCRAE. AS PART OF THE ANNUAL BUDGET PROCESS, THE EXECUTIVE DIRECTOR WILL RECOMMEND THE COMPENSATION FOR EACH MEMBER OF THE STAFF WHICH WILL BE REVIEWED WITH THE CHAIR OF THE BOARD OF DIRECTORS AND THE CHAIR OF THE BOARD'S FINANCE AND OPERATIONS COMMITTEE. ON THE BASIS OF THIS REVIEW, THE BOARD CHAIR AND THE COMMITTEE CHAIR WILL RECOMMEND APPROVAL BY THE BOARD OF THE AGGREGATE AMOUNT BUDGETED FOR STAFF COMPENSATION FOR THE RELEVANT PERIOD. OUTSIDE THE ANNUAL BUDGETING PROCESS, THE EXECUTIVE DIRECTOR MAY APPROVE COMPENSATION INCREASES AND OFFERS OF EMPLOYMENT SPECIFYING COMPENSATION, FOR INDIVIDUAL STAFF MEMBERS UPON PRIOR CONSULTATION WITH THE BOARD CHAIR AND/OR THE COMMITTEE CHAIR. THIS PROCESS WAS UNDERTAKEN IN 2011 AS PART OF THE APPROVAL OF THE ORGANIZATION'S 2012 BUDGET. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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