KWELI JOURNAL INC

EIN: 270318769 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$182,440
Total Expenses
$361,492
Total Assets
$97,000
Net Assets
$95,500
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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
LAURA PEGRAM
Phone
2124727444
Tax Period
2023-01-01 to 2023-12-31

KWELI JOURNAL INC, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $182K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $361K exceeded revenue, resulting in a 98% operating deficit.

Mission

KWELI'S MISSION IS TO NURTURE EMERGING WRITERS OF COLOR AND CREATE OPPORTUNITIES FOR THEIR VOICES TO BE RECOGNIZED AND VALUED. BY CREATING A COMMUNITY OF BLACK, INDIGENOUS AND POC ARTISTS AND PROGRAMMING BASED ON ARTISTIC EXCELLENCE AND RIGOR, KWELI EMPOWERS WRITERS TO SHARE STORIES THAT ENGAGE AND IMPACT OUR COMMUNITIES. OUR VISION IS FOR A WORLD WHERE THE NARRATIVES BEING TOLD REFLECT THE TRUTH OF OUR HISTORIES AND THE POSSIBILITIES FOR OUR FUTURE.

Program Service Accomplishments

Program 1
Expenses: $320,917 Revenue: $49,746

NARRATIVE OF 2023 PROGRAM SERVICESANNUAL COLOR OF CHILDREN'S LITERATURE CONFERENCE CONFERENCE PROVIDING CRAFT LESSONS, PANEL DISCUSSIONS ON BUSINESS OF PUBLISHING, 3 HOUR MASTER CLASSES FOR...

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NARRATIVE OF 2023 PROGRAM SERVICESANNUAL COLOR OF CHILDREN'S LITERATURE CONFERENCE CONFERENCE PROVIDING CRAFT LESSONS, PANEL DISCUSSIONS ON BUSINESS OF PUBLISHING, 3 HOUR MASTER CLASSES FOR INTERMEDIATE WRITERS AND ILLUSTRATORS AND WORKSHOPS FOR BEGINNING STUDENTS. APPROXIMATELY 235 STUDENTS BENEFITED. ANNUAL INTERNATIONAL LITERARY FESTIVALFESTIVAL PROVIDING READINGS AND CONVERSATIONS WITH DEBUT AND AWARD-WINNING WRITERS, MASTER CLASSES, CRAFT TALKS, AND MUCH MORE, AS WELL AS THE YEAR'S BEST OPPORTUNITY TO CONNECT WITH AGENTS, EDITORS, AND FELLOW CREATIVES OF COLOR. APPROXIMATELY 135 STUDENTS BENEFITED. ART OF THE SHORT STORY WORKSHOPSTHE ART OF THE SHORT STORY WORKSHOP IS A MULTI SESSION WORKSHOP FOR SHORT STORY WRITERS AND NOVELISTS OF COLOR WITH KWELI FOUNDING EDITOR AND PUBLISHER, LAURA PEGRAM. THE WORKSHOP IS TAILOR-MADE FOR WRITERS OF ADULT FICTION. IT IS A SAFER SPACE FOR ALL PEOPLE OF COLOR, INCLUDING BLACK, INDIGENOUS, AAPI, LATINX, LGBTQIA+ WRITERS AT ALL LEVELS. IT INCLUDES SEMINARS FOCUSED ON CRAFT AND IN-CLASS WRITING EXERCISES. THERE WILL BE READING ASSIGNMENTS AND A STUDY OF WORKS BY WELL-KNOWN ADULT FICTION WRITERS AND POETS. WRITING WILL BEGIN ON THE FIRST DAY OF WORKSHOP. PEER REVIEW SESSIONS WILL TAKE PLACE DURING THE FINAL THREE WEEKS OF WORKSHOP.KWELI FELLOWSHIP PROGRAMFELLOWSHIP PROGRAM PROVIDES THREE OR MORE EARLY-STAGE WRITERS WITH 11-MONTH WRITING FELLOWSHIPS. EACH FELLOWS RECEIVES TEN MONTHS OF EDITORIAL SUPPORT FROM KWELI JOURNAL EDITORS TO PREPARE A PIECE FOR PUBLICATION IN THE MAGAZINE; A $2,000 STIPEND; ADMISSION-FREE ENROLLMENT IN THREE PROFESSIONALLY LED WRITING WORKSHOPS ON LITERARY FICTION, CREATIVE NONFICTION AND POETRY; PARTICIPATION IN FOUR PUBLIC READINGS BY WORKSHOP PARTICIPANTS; ADMISSION-FREE PARTICIPATION IN OUR INTERNATIONAL LITERARY FESTIVAL, INCLUSIVE OF PITCH SESSIONS WITH LITERARY AGENTS AND EDITORS; OPTIONALLY, ADMISSION-FREE PARTICIPATION IN OUR COLOR OF CHILDREN LITERATURE CONFERENCE; PUBLICATION IN KWELI JOURNAL; AN ALL EXPENSE PAID WRITING RETREAT HOSTED AT AKWAABA. 9 STUDENTS BENEFITEDKWELI MULTI MEDIA READING AND CONVERSATIONKWELI FORMED A NEW PARTNERSHIP WITH BALLET HISPANICO IN 2023 AND, IN SO DOING, EXPANDED OUR HYBRID PUBLIC PROGRAMMING. WE ADDED DANCE NARRATIVES TO OUR STAGED READINGS AND CONVERSATIONS THROUGHOUT THE YEAR. WE OPENED THE YEAR WITH A READING AND DANCE INTERPRETATION FOR PLATANOS GO WITH EVERYTHING BY LISSETTE NORMAN AT BALLET HISPANICO. DURING OUR KWELI COLOR OF CHILDREN'S LITERATURE CONFERENCE, DANCE NARRATIVES WERE CREATED FOR A NUMBER OF AWARD WINNING BOOKS, INCLUDING JOVITA WORE PANTS BY AIDA SALAZAR AND THE COURAGE OF THE LITTLE HUMMINGBIRD BY LEAH HENDERSON. DURING OUR KWELI INTERNATIONAL LITERARY FESTIVAL, WE FEATURED DANCE INTERPRETATIONS FOR THE MAN WHO COULD MOVE CLOUDS: A MEMOIR BY INGRID ROJAS CONTRERAS, AND DRINKING FROM GRAVEYARD WELLS BY YVETTE LISA NDLOVU. WE ENDED THE YEAR WITH READINGS AND DANCE NARRATIVES FOR REMEMBER US BY JACQUELINE WOODSON AND ALL YOU HAVE TO DO BY AUTUMN ALLEN. 275 STUDENTS BENEFITED. KWELI MASTER CLASSES, CRAFT TALKS AND MULTI SESSION WORKSHOPSKWELI OFFERED MULTI SESSION ART OF THE SHORT STORY WORKSHOPS; A MULTI SESSION CREATIVE NONFICTION TOOLKIT WORKSHOP WITH HANNAH BAE, A ONE HOUR CRAFT TALK WITH MEGHA MAJUMDAR ON APPROACHES TO PLOT; A CRAFT TALK WITH FATIMA ASGHAR AND MORE. MORE THAN 125 STUDENTS BENEFITED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $132,694
Program Service Revenue $49,746
Investment Income $0
Other Revenue $0
TOTAL REVENUE $182,440

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $88,397
Fundraising Expenses $1,234
Program Expenses $320,917
Other Expenses $272,095
TOTAL EXPENSES $361,492

Year-over-Year Comparison

2023 2022 Change
Revenue $182,440 $382,513 -0.5%
Expenses $361,492 $315,157 +0.1%
Net Income $-179,052 $67,356 -3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
10

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OZIER MUHAMMAD BOARD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ALISON MEYERS TREASURER 1.00
Officer Director
$0 $0 $0
NEELA VASWANI SECRETARY 1.00
Officer Director
$0 $0 $0
LAURA PEGRAM EXECUTIVE DIRECTOR 40.00
Officer Director
$0 $0 $0
IWALANI KIM DIRECTOR 1.00
Director
$0 $0 $0
EMILY MEI LAU DIRECTOR 1.00
Director
$0 $0 $0
CLEM RICHARDSON DIRECTOR 1.00
Director
$0 $0 $0
MORAN SHEKEL DIRECTOR 1.00
Director
$0 $0 $0
CHIKA UNIGWE DIRECTOR 1.00
Director
$0 $0 $0
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
2023 $182,440 $361,492 $97,000 $-179,052
2022 $382,513 $315,157 $348,802 $67,356
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