EIN 36-2490808

Poetry Foundation

IRS 501(c) type
501(c)(3)
Num. employees
39
Year formed
1946
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Poetry Foundation is independent literary organization committed to a vigorous presence for poetry in our culture. It exists to discover and celebrate the best poetry and to place it before the largest possible audience.
Total revenues
$7,644,729
2023
Total expenses
$18,575,315
2023
Total assets
$300,431,923
2023
Num. employees
39
2023

Program areas at Poetry Foundation

The Poetry Foundation offers an array of free programs,events and awards to amplify Poetry, celebrate poets, and foster spaces for all to create, experience, and share Poetry. Events include an option to connect virtually, welcoming 2,061 attendees in-person and 1,064 virtual to 28 events in 2023. The library hosted 12 book clubs and 104 writing workshops, engaging 1,718 participants. Additionally, The Foundation had a presence at two offsite partner events: one poem, one chicago and The words of wonder literary festival. The Poetry Foundation also co-led The summer Poetry teachers institute, during which 104 educators experienced two days of invigorating performances, breakout sessions, and virtual panels led by 20 poets; and Poetry out loud, a national Poetry recitation competition for high school students. In 2023, Poetry out loud engaged 159,830 students from 1,447 schools and organizations across every state and several territories.
Poetryfoundation.org is The largest free online archive of Poetry, with 47,122 poems as of 2023. It also hosts a full digital archive of Poetry magazine, author bios, poem guides, audio poems, content for educators, and more. Weekly updates include new Poetry collections, book reviews, podcasts, and blogs. The website averaged 4.56 million monthly visitors throughout 2023. Newsletters went out to 106,000 subscribers, including 65,767 of whom receive poem of The day daily; and podcasts garnered more than 1.9 million listeners.
Poetry magazine celebrated its 111-year anniversary in 2023; it remains The oldest monthly devoted to verse in The english-speaking world. Poetry concluded its guest editor program with charif shanahan, who edited three issues in 2023. Poetry received 20,439 submission packets, paid $414,000 to poets, donated 13,000 issues to community organizations, building visitors, and event attendees; and brought Poetry to 23,150 print subscribers and 33,000 Poetry magazine app users. The magazine continues to prioritize discovering and providing a platform for emerging poets, publishing 126 first-time contributors, which is 50% of The poets published in 2023. The full digital archive of Poetry magazine is available to users for free via poetryfoundation.org.
Support distrib of magazine to bring Poetry to largest audience

Grants made by Poetry Foundation

GranteeGrant descriptionAmount
University of Nebraska FoundationSpecial Projects and Opportunities for African Poetry Book Fund at the University of Nebraska$110,128
Woodland PatternPoetry Programs, Partnerships, and Innovation and Equity in Verse for In-Na-Po, Indigenous Nations Poets$95,000
Cave Canem (CC)Equity in Verse$65,000
...and 87 more grants made totalling $2,527,803

Who funds Poetry Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
TAWANI FoundationGeneral Support$4,800

Personnel at Poetry Foundation

NameTitleCompensation
Lawrence T ManganChief Operating Officer$290,453
Allison M ClaybonVice President of Marketing and Co$195,227
Keri CascioInformation Technology$168,142
Ydalmi NoriegaVice President of Programs and Engagement / Director Community and Foun / Community and Foundation Relations / Director Community / Library Director$180,220
Marilynn RubioDirector of Strategi$170,129
...and 9 more key personnel

Financials for Poetry Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$53,503
Investment income and dividends$8,136,669
Net rental income$0
Net gain from sale of non-inventory assets$-1,275,807
Gross sales of inventory$0
Miscellaneous revenues$730,364
Total revenues$7,644,729

Form 990s for Poetry Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
2018-122020-01-16990PFView PDF
...and 7 more Form 990s
Data update history
January 25, 2024
Updated personnel
Identified 5 new personnel
January 21, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 21, 2024
Updated personnel
Identified 5 new personnel
December 31, 2023
Used new vendors
Identified 3 new vendors, including , , and
December 28, 2023
Received grants
Identified 2 new grant, including a grant for $100,000 from John S. and James L. Knight Foundation
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donationsAccepts online donations
General information
Address
61 W Superior St
Chicago, IL 60654
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
poetryfoundation.org/ 
Phone
(312) 787-7070
Facebook page
poetryfoundation 
Twitter profile
@poetryfound 
IRS details
EIN
36-2490808
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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