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Arts, Culture, Humanities : Performing Arts

Academy of American Poets

Serving poets and poetry since 1934

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Impact Information is available from our partner, GuideStar

three stars

88.01

75 Maiden Lane Suite 901
New York, NY 10038
tel: (212) 274-0343   Web Site
EIN: 13-1879953

Board Leadership
Michael Jacobs
Chairman

CEO
Jennifer Benka
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 88.01 three stars
  Financial 83.53 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

The Academy of American Poets was founded in 1934 to support American poets at all stages of their careers and to foster the appreciation of contemporary poetry. To fulfill this mission, the Academy produces Poets.org, our award-winning website which provides a wealth of content on contemporary American poetry and receives millions of unique users each month; Poem-a-Day; National Poetry Month (April), the largest literary celebration in the world; Teach This Poem and other K-12 resources for teachers; American Poets Magazine; an annual series of poetry readings and special events; and it awards more funds to poets than any other organization. It also coordinates and supports the work of a national Poetry Coalition, an alliance of more than 20 poetry organizations working to promote the value poets bring to our culture and the important contribution poetry makes in the lives of people of all ages and backgrounds.

The Academy of American Poets was founded in 1934 to support American poets at all stages of their careers and to foster the appreciation of contemporary poetry. To fulfill this mission, the Academy produces Poets.org, our award-winning website which provides a wealth of content on contemporary American poetry and receives millions of unique users each month; Poem-a-Day; National Poetry Month (April), the largest literary celebration in the world; Teach This Poem and other K-12 resources for teachers; American Poets Magazine; an annual series of poetry readings and special events; and it awards more funds to poets than any other organization. It also coordinates and supports the work of a national Poetry Coalition, an alliance of more than 20 poetry organizations working to promote the value poets bring to our culture and the important contribution poetry makes in the lives of people of all ages and backgrounds.

Impact Information

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This impact information is current as of July 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

83.53

Accountability & Transparency

four stars

96.00

This rating was published 09/03/2019 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)
72.9%
  Administrative Expenses 12.5%
  Fundraising Expenses 14.4%
  Fundraising Efficiency $0.20
  Working Capital Ratio (years) 2.86
  Program Expenses Growth 1.5%
  Liabilities to Assets 1.5%
All data for Financial Performance Metrics calculations was provided by Academy of American Poets on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Academy of American Poets on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Academy of American Poets (NY) 88.01 three stars
Lower Manhattan Cultural Council (NY) 89.60 three stars
Downtown Community Television Center (NY) 92.02 four stars
National Book Foundation (NY) 87.39 three stars
Santa Barbara Bowl Foundation (CA) 89.24 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $472,819
   Federated Campaigns $0
   Membership Dues $464,378
   Fundraising Events $152,953
   Related Organizations $0
   Government Grants $90,150
Total Contributions $1,180,300
   Program Service Revenue $167,498
Total Primary Revenue $1,347,798
   Other Revenue $268,100
TOTAL REVENUE $1,615,898
   
EXPENSES  
   Program Expenses $1,378,178
   Administrative Expenses $218,920
   Fundraising Expenses $310,729
TOTAL FUNCTIONAL EXPENSES $1,907,827
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-291,929
   
Net Assets $10,072,827

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
Awards and Prizes $779,735 56.6%
Poets.org $312,370 22.7%
National Poetry Month $84,871 6.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 09/03/2019 88.01 three stars
2017-06 07/01/2019 85.95 three stars
2017-06 12/21/2018 84.97 three stars
2016-06 03/01/2018 87.60 three stars
2015-06 12/01/2016 88.19 three stars
2014-06 06/01/2016 90.00 four stars
 
CN 2.0
2014-06 11/01/2015 90.25 four stars
2013-06 11/01/2014 86.49 three stars
2012-06 09/01/2013 92.19 four stars
2011-06 10/01/2012 89.25 three stars
2010-06 12/01/2011 87.47 three stars
2009-06 09/20/2011 83.60 three stars
 
CN 1.0
2009-06 12/22/2010 74.13 two stars
2008-06 12/15/2009 89.76 three stars
2007-06 08/01/2008 82.55 three stars
2006-06 09/01/2007 62.90 one star
2005-06 07/01/2006 64.38 one star
2004-06 12/01/2005 61.52 one star

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

EIN 13-1879953
Name in IRS Master File ACADEMY OF AMERICAN POETS INCORPORATED
NTEE Code A70
NTEE Classification Humanities Organizations
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (119) Other cultural or historical activities
(59) Other school related activities
(922) Endowment fund or financial services
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
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 February, 1936
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$140,341 7.35% Jennifer Benka President, Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Academy of American Poets (NY) 88.01 three stars
Seattle Arts and Lectures (WA) 89.27 three stars
Alliance for California Traditional Arts (CA) 89.00 three stars
Downtown Community Television Center (NY) 92.02 four stars
America-Israel Cultural Foundation (NY) 86.64 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Academy of American Poets
75 Maiden Lane
Suite 901
New York, NY 10038
tel: (212) 274-0343
fax: (212) 274-9427
EIN: 13-1879953

Visit Web Site

Board Leadership

Michael Jacobs
Chairman

CEO

Jennifer Benka
Executive Director

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