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Education : Youth Education Programs and Services

Texas Book Festival

Inspiring Texans of all ages to love reading

two stars

73.05

1023 Springdale Road Building 14
Austin, TX 78721
tel: (512) 477-4055   Web Site
EIN: 74-2776425

Board Leadership
Sarah Queen
Chair

CEO
Lois Kim
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 73.05 two stars
  Financial 82.80 three stars
  Accountability & Transparency 66.00 one star
This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Texas Book Festival connects authors and readers through experiences that celebrate the culture of literacy, ideas, and imagination. The Texas Book Festival (TBF) began with a simple purpose: to bring authors and readers together in a celebration of literature and literacy. Founded in 1995 by Laura Bush (a former librarian and then First Lady of Texas), Mary Margaret Farabee, and a dedicated group of volunteers, the TBF set out to honor Texas authors, promote the joys of reading, and benefit the state's public libraries. The first Festival took place in November 1996 and has grown into one of the nation's premier annual literary events, featuring 275+ authors of the year's best books and drawing 50,000 book lovers of all ages.

The Texas Book Festival connects authors and readers through experiences that celebrate the culture of literacy, ideas, and imagination. The Texas Book Festival (TBF) began with a simple purpose: to bring authors and readers together in a celebration of literature and literacy. Founded in 1995 by Laura Bush (a former librarian and then First Lady of Texas), Mary Margaret Farabee, and a dedicated group of volunteers, the TBF set out to honor Texas authors, promote the joys of reading, and benefit the state's public libraries. The first Festival took place in November 1996 and has grown into one of the nation's premier annual literary events, featuring 275+ authors of the year's best books and drawing 50,000 book lovers of all ages.

Impact Information

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Financial

three stars

82.80

Accountability & Transparency

one star

66.00

This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
72.1%
  Administrative Expenses 15.8%
  Fundraising Expenses 12.0%
  Fundraising Efficiency $0.15
  Working Capital Ratio (years) 0.81
  Program Expenses Growth 5.5%
  Liabilities to Assets 0.5%
All data for Financial Performance Metrics calculations was provided by Texas Book Festival on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Texas Book Festival on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Texas Book Festival (TX) 73.05 two stars
Spread the Word Nevada (NV) 95.54 four stars
Developments in Literacy (CA) 86.54 three stars
Book Trust (CO) 90.65 four stars
Reading Is Fundamental (DC) 88.82 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $922,041
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $198,451
   Related Organizations $0
   Government Grants $0
Total Contributions $1,120,492
   Program Service Revenue $162,726
Total Primary Revenue $1,283,218
   Other Revenue $113,564
TOTAL REVENUE $1,396,782
   
EXPENSES  
   Program Expenses $998,382
   Administrative Expenses $228,993
   Fundraising Expenses $184,703
TOTAL FUNCTIONAL EXPENSES $1,412,078
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-15,296
   
Net Assets $1,135,456

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Promoting Reading and Literacy $998,382 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 06/01/2020 73.05 two stars
2017-12 07/01/2019 83.11 three stars
2016-12 06/01/2018 75.57 two stars
2015-12 10/01/2017 86.32 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 74-2776425
Name in IRS Master File TEXAS BOOK FESTIVAL
NTEE Code N52
NTEE Classification Fairs, County and Other
NTEE Type Recreation, Sports, Leisure, Athletics
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(64) Commemorative event (centennial, festival, pageant, etc.)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 1996
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$112,111 7.93% Lois Kim Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Texas Book Festival (TX) 73.05 two stars
Reading Partners (CA) 87.60 three stars
Page Ahead Children's Literacy Program (WA) 97.98 four stars
Book Trust (CO) 90.65 four stars
Worldreader.org (CA) 90.37 four stars

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Charity Contact Info

Texas Book Festival
1023 Springdale Road
Building 14
Austin, TX 78721
tel: (512) 477-4055
fax: (512) 322-0722
EIN: 74-2776425

Visit Web Site

Board Leadership

Sarah Queen
Chair

CEO

Lois Kim
Executive Director

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