Republic Of Letters

EIN: 853108387 501(c)(3) Arts, Culture & Humanities

Shoreline, WA

Total Revenue
$236,809
Total Expenses
$110,198
Total Assets
$293,079
Net Assets
$293,079
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
WA
Principal Officer
Gregory Wolfe
Phone
2067993451
Tax Period
2024-01-01 to 2024-12-31

Republic Of Letters, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $237K in total revenue in fiscal year 2024. Revenue surged 113% from the prior year, signaling strong growth momentum. The organization ran a surplus of $127K, a strong 53% operating margin.

Mission

The Organization principally exists to (a) cultivate writing that extends the literary tradition while enabling the public to confront the challenges of the present; (b) develop literature using meticulous craft and discerning curation that is harder and harder to come by amid the machinery of instant publishing; (c) create literary art that celebrates diverse voices and seeks a deeper form of communion and a love for the common good rather than furthering the ideological polarization of the nation; (d) host educational conferences and workshops for authors, editors, etc.

Program Service Accomplishments

Program 1
Expenses: $66,247 Revenue: $0

Doing business as "Slant Books" The Republic of Letters published a number of titles in the fields of literature, philosophy, theology, and history. During that time we also published a twice-weekly...

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Doing business as "Slant Books" The Republic of Letters published a number of titles in the fields of literature, philosophy, theology, and history. During that time we also published a twice-weekly blog featuring essays about contemporary literature and culture. We also launched a podcast featuring conversations with Slant authors and others. A representative from Slant attended a couple major national conferences to promote Slant. In 2024 Slant published nine outstanding literary titles, several of which won major literary awards

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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 $209,125
Program Service Revenue $0
Investment Income $198
Other Revenue $27,486
TOTAL REVENUE $236,809

Expense Breakdown

Grants Paid $0
Salaries & Benefits $73,384
Fundraising Expenses $832
Program Expenses $66,247
Other Expenses $36,814
TOTAL EXPENSES $110,198

Year-over-Year Comparison

2024 2023 Change
Revenue $236,809 $111,120 +1.1%
Expenses $110,198 $85,090 +0.3%
Net Income $126,611 $26,030 +3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
5
Employees
1
Volunteers
1

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
3
$67,750
Total Directors
6
$67,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gregory Wolfe President, Publisher, Editor 40
Officer Director
$67,750 $0 $67,750
Caroline Langston Jarboe Secretary 1
Officer Director
$0 $0 $0
Angelo Matera Treasurer 1
Officer Director
$0 $0 $0
Jeanne Murray Walker Director 1
Director
$0 $0 $0
Suzanne M Wolfe Director 1
Director
$0 $0 $0
Santiago Ramos Director 1
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 $236,809 $110,198 $293,079 $126,611
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