GRUB STREET INC

EIN: 800005516 501(c)(3) Arts, Culture & Humanities

BOSTON, MA

Total Revenue
$4,414,308
Total Expenses
$5,121,512
Total Assets
$14,088,372
Net Assets
$11,920,111
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MA
Principal Officer
EVE BRIDBURG
Phone
6176950075
Tax Period
2023-01-01 to 2023-12-31

GRUB STREET INC, founded in 2002, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.4M in total revenue in fiscal year 2023. Expenses of $5.1M exceeded revenue, resulting in a 16% operating deficit.

Mission

GRUBSTREET'S MISSION IS TO REMOVE BARRIERS - SOCIAL, FINANCIAL, AND CULTURAL - TO THE WRITING WORLD, AND PROVIDE RIGOROUS ARTISTIC GUIDANCE IN A SUPPORTIVE COMMUNITY. GRUBSTREET WORKS TO ENSURE WRITERS OF ALL BACKGROUNDS HAVE WHAT THEY NEED TO DEVELOP THEIR VOICES AND SHARE THEIR STORIES.

Program Service Accomplishments

Program 1
Expenses: $3,451,053 Revenue: $1,572,895

THE ORGANIZATION OFFERS SEMINARS AND CLASSES TO STUDENTS OF ALL AGES AND BACKGROUNDS, HOSTS AN ANNUAL PUBLISHING CONFERENCE, AND RUNS PROGRAMS BOTH ONLINE AND IN MANY BOSTON NEIGHBORHOODS...

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THE ORGANIZATION OFFERS SEMINARS AND CLASSES TO STUDENTS OF ALL AGES AND BACKGROUNDS, HOSTS AN ANNUAL PUBLISHING CONFERENCE, AND RUNS PROGRAMS BOTH ONLINE AND IN MANY BOSTON NEIGHBORHOODS. SCHOLARSHIPS ARE AVAILABLE FOR ALL PROGRAMS AND MANY OFFERINGS ARE TUITION-FREE.

Program 2
Expenses: $46,096 Revenue: $169,825

THE MUSE & THE MARKETPLACE EVENT IS HELD ANNUALLY AND IS DESIGNED TO GIVE ASPIRING WRITERS A BETTER UNDERSTANDING OF THE CRAFT OF WRITING FICTION AND NON-FICTION, INSIDE INFORMATION ABOUT THE...

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THE MUSE & THE MARKETPLACE EVENT IS HELD ANNUALLY AND IS DESIGNED TO GIVE ASPIRING WRITERS A BETTER UNDERSTANDING OF THE CRAFT OF WRITING FICTION AND NON-FICTION, INSIDE INFORMATION ABOUT THE PUBLISHING WORLD AND NETWORKING OPPORTUNITIES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,545,060
Program Service Revenue $1,742,720
Investment Income $132,231
Other Revenue $-5,703
TOTAL REVENUE $4,414,308

Expense Breakdown

Grants Paid $41,000
Salaries & Benefits $3,046,183
Fundraising Expenses $590,881
Program Expenses $3,497,149
Other Expenses $2,034,329
TOTAL EXPENSES $5,121,512

Year-over-Year Comparison

2023 2022 Change
Revenue $4,414,308 $4,636,667 0.0%
Expenses $5,121,512 $5,036,109 +0.0%
Net Income $-707,204 $-399,442 +0.8%
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
13
Independent Members
11
Employees
133
Volunteers
78

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
$156,193
Total Directors
13
$156,193
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVE BRIDBURG EXECUTIVE DI 40.00
Officer Director
$150,034 $6,159 $156,193
DARIEL SUAREZ ARTISTIC DIR 40.00
Highest
$101,115 $17,308 $118,423
STEPHANIE POGGI DIR. OF DEVE 40.00
Highest
$102,972 $4,396 $107,368
JEANNE BLASBERG CLERK 1.00
Officer Director
$0 $0 $0
TINA CASSIDY DIRECTOR 1.00
Director
$0 $0 $0
REGIE GIBSON INSTRUCTOR R 1.00
Director
$0 $0 $0
RICK HENDRIE DIRECTOR 1.00
Director
$0 $0 $0
CARLOS HOYT DIRECTOR 1.00
Director
$0 $0 $0
SHARISSA JONES BOARD CHAIR 1.00
Officer Director
$0 $0 $0
PAMELA MASON DIRECTOR 1.00
Director
$0 $0 $0
MARC SKVIRSKY DIRECTOR 1.00
Director
$0 $0 $0
DAPHNE SANTANA STRASSMANN DIRECTOR 1.00
Director
$0 $0 $0
SANDRA TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
ANRI WHEELER DIRECTOR 1.00
Director
$0 $0 $0
ENRIQUE ZUNIGA TREASURER 1.00
Officer 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 $4,414,308 $5,121,512 $14,088,372 $-707,204
2022 $4,636,667 $5,036,109 $15,335,375 $-399,442
2021 $6,194,111 $4,559,933 $11,789,751 $1,634,178
2020 $5,664,764 $3,673,466 $10,323,025 $1,991,298
2019 $8,335,705 $3,794,324 $6,791,351 $4,541,381
2018 $3,198,234 $3,142,466 $2,159,300 $55,768
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