PEN AMERICAN CENTER INC

EIN: 133447888 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$15,931,942
Total Expenses
$25,197,771
Total Assets
$45,658,360
Net Assets
$36,519,864
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NY
Principal Officer
SUMMER LOPEZ
Phone
2123341660
Tax Period
2024-01-01 to 2024-12-31

PEN AMERICAN CENTER INC, founded in 1985, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $15.9M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $25.2M exceeded revenue, resulting in a 58% operating deficit.

Mission

PEN AMERICAN CENTER, INC. IS AN ASSOCIATION OF WRITERS AND OTHERS IN THE LITERARY COMMUNITY WORKING TO DEFEND FREE EXPRESSION, ADVANCE LITERATURE, AND FOSTER INTERNATIONAL LITERARY FELLOWSHIP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,076,275
Program Service Revenue $563,044
Investment Income $2,140,309
Other Revenue $152,314
TOTAL REVENUE $15,931,942

Expense Breakdown

Grants Paid $1,457,366
Salaries & Benefits $12,704,239
Fundraising Expenses $2,474,736
Program Expenses $16,998,574
Other Expenses $10,956,523
TOTAL EXPENSES $25,197,771

Year-over-Year Comparison

2024 2023 Change
Revenue $15,931,942 $21,777,695 -0.3%
Expenses $25,197,771 $20,250,417 +0.2%
Net Income $-9,265,829 $1,527,278 -7.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
41
Independent Members
41
Employees
84
Volunteers
44

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$1,054,280
Total Directors
41
$0
Key Employees
2
$573,152
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER FINNEY BOYLAN PRESIDENT 4.00
Officer Director
$0 $0 $0
TRACY HIGGINS EXECUTIVE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARIE ARANA VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DINAW MENGESTU VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARVIN PUTNAM VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARKUS DOHLE TREASURER 1.00
Officer Director
$0 $0 $0
AYAD AKHTAR TRUSTEE 1.00
Director
$0 $0 $0
PETER BARBEY TRUSTEE 1.00
Director
$0 $0 $0
SUSAN CHOI TRUSTEE 1.00
Director
$0 $0 $0
JOHN CHAO TRUSTEE 1.00
Director
$0 $0 $0
BRIDGET COLMAN TRUSTEE 1.00
Director
$0 $0 $0
ROXANNE DONOVAN TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA DUFF TRUSTEE 1.00
Director
$0 $0 $0
LAUREN EMBREY TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA FILI-KRUSHEL TRUSTEE 1.00
Director
$0 $0 $0
JAMES HANNAHAM TRUSTEE 1.00
Director
$0 $0 $0
TOM HEALY TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH HEMMERDINGER TRUSTEE 1.00
Director
$0 $0 $0
LINDA JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
ZACHARY KARABELL TRUSTEE 1.00
Director
$0 $0 $0
SEAN KELLY TRUSTEE 1.00
Director
$0 $0 $0
FRANKLIN LEONARD TRUSTEE 1.00
Director
$0 $0 $0
MARGARET LOEB TRUSTEE 1.00
Director
$0 $0 $0
MARGO LOWY TRUSTEE 1.00
Director
$0 $0 $0
ALLISON MARKIN POWELL TRUSTEE 1.00
Director
$0 $0 $0
YVONNE MARSH TRUSTEE 1.00
Director
$0 $0 $0
KEN MILLER TRUSTEE 1.00
Director
$0 $0 $0
PAUL MULDOON TRUSTEE 1.00
Director
$0 $0 $0
LYNN NOTTAGE TRUSTEE 1.00
Director
$0 $0 $0
GEORGE PACKER TRUSTEE 1.00
Director
$0 $0 $0
JODI PICOULT TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL PIETSCH TRUSTEE 1.00
Director
$0 $0 $0
KRYSTYNA PORAY GODDU TRUSTEE 1.00
Director
$0 $0 $0
ALIX RITCHIE TRUSTEE 1.00
Director
$0 $0 $0
ANYA SALAMA TRUSTEE 1.00
Director
$0 $0 $0
RICHARD SARNOFF TRUSTEE 1.00
Director
$0 $0 $0
ANDREW SOLOMON TRUSTEE 1.00
Director
$0 $0 $0
LUIS URREA TRUSTEE 1.00
Director
$0 $0 $0
SUZY WAHBA TRUSTEE 1.00
Director
$0 $0 $0
TARA WESTOVER TRUSTEE 1.00
Director
$0 $0 $0
JAMIE WOLF TRUSTEE 1.00
Director
$0 $0 $0
SUZANNE NOSSEL CHIEF EXECUTIVE OFFICER 40.00
Officer
$450,319 $12,598 $462,917
OLAKUNLE APAMPA CHIEF FINANCIAL OFFICER 40.00
Officer
$337,282 $20,748 $358,030
KIMBERLY THOMAS CHIEF OPERATING OFFICER 40.00
Officer
$211,766 $21,567 $233,333
SUMMER LOPEZ CHIEF PROGRAM OFFICER, FREE EXP 40.00
Key Emp
$264,140 $19,738 $283,878
CLARISSE ROSAZ SHARIYF CHIEF PROGRAM OFFICER, LIT PROG 40.00
Key Emp
$282,014 $7,260 $289,274
GERALDINE BAUM CHIEF COMMUNICATIONS OFFICER 40.00
Highest
$230,073 $46,168 $276,241
ALLISON LEE MANAGING DIRECTOR, LA 40.00
Highest
$236,322 $9,297 $245,619
JONATHAN FRIEDMAN MANAGING DIRECTOR, FREE EXP 40.00
Highest
$226,721 $6,052 $232,773
MAAYAN DAUBER CHIEF DEVELOPMENT OFFICER 40.00
Highest
$213,604 $40,696 $254,300
SHAWNNA JANNAH MANAGING DIRECTOR/HR 40.00
Highest
$202,258 $29,763 $232,021
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2024 $15,931,942 $25,197,771 $45,658,360 $-9,265,829
2023 $21,777,695 $20,250,417 $47,830,208 $1,527,278
2022 $25,786,149 $16,101,224 $45,475,752 $9,684,925
2021 $29,059,092 $10,783,207 $36,781,487 $18,275,885
2020 $14,855,317 $9,702,620 $18,457,364 $5,152,697
2019 $12,289,927 $9,447,972 $12,976,954 $2,841,955
2018 $9,896,899 $8,086,871 $9,951,939 $1,810,028
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