funder logo

THE POETRY FOUNDATION

THE POETRY FOUNDATION

Chicago, IL, US
501(c)3
EIN
36-2490808
Open for Solicitation
Private Foundation
Regional Funder
funder logo

THE POETRY FOUNDATION

Chicago, IL, US
501(c)3
EIN
36-2490808
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$13,753,554

Other
51%
Investments
49%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$16,739,498

Salaries & Benefits
32%
Other
26%
Grants
22%
Advertising & Promotion
7%
Fees to Service Providers
7%
Depreciation
5%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$53,503
$5,696
-89%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$8,136,669
$6,770,449
-17%
Other
-$545,443
$6,977,409
-1379%
Total Revenues
$7,644,729
$13,753,554
+80%
Expenses
2023
2024
Change
Grants
$3,369,494
$3,742,625
+11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,967,288
$5,355,478
-10%
Fees to Service Providers
$2,416,961
$1,120,991
-54%
Advertising & Promotion
$1,068,186
$1,223,012
+14%
Offices, Occupancy & IT
$37,133
$41,914
+13%
Interest
$0
$0
-
Depreciation
$695,102
$825,013
+19%
Other
$5,021,151
$4,430,465
-12%
Total Expenses
$18,575,315
$16,739,498
-10%
Net income
2023
2024
Change
Net income
-$10,930,586
-$2,985,944
+73%
Income Statement
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