Civic Intelligence

Deep Vellum Publishing Inc

990EZ • Fiscal year 2018 • EIN 46-3099904

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 17, 2019

Refreshing map…

3000 Commerce StDallas, TX 75226

(972) 638-7741

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.27x

Higher debt load relative to assets than 85% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

90th percentile

0.36x

Higher debt load relative to revenue than 90% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

24th percentile

-10%

Higher net margin than 24% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

100th percentile

12159%

Faster asset growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-48%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$117,445

Up $116,487 (+12159%) from 2017

Net Assets

Up

$85,417

Up $89,431 (+2228%) from 2017

Liabilities

Up

$32,028

Up $27,056 (+544%) from 2017

Revenue

Down

$89,264

Down $81,217 (-48%) from 2017

Expenses

Down

$98,323

Down $49,903 (-34%) from 2017

Net Income

Down

-$9,059

Down $31,314 (-141%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2016: $23,501Liabilities 2016: $32,966Net Assets 2016: -$9,4652016Assets 2017: $958Liabilities 2017: $4,972Net Assets 2017: -$4,0142017Assets 2018: $117,445Liabilities 2018: $32,028Net Assets 2018: $85,4172018Assets 2019: $186,805Liabilities 2019: $15,550Net Assets 2019: $171,2552019Assets 2020: $599,827Liabilities 2020: $249,697Net Assets 2020: $350,1302020Assets 2021: $927,865Liabilities 2021: $547,602Net Assets 2021: $380,2632021Assets 2022: $936,264Liabilities 2022: $606,187Net Assets 2022: $330,0772022Assets 2023: $1,003,966Liabilities 2023: $509,366Net Assets 2023: $494,6002023Assets 2024: $1,732,672Liabilities 2024: $1,375,324Net Assets 2024: $357,3482024

Highlighted filing

2018

Assets$117,445
Liabilities$32,028
Net Assets$85,417

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $177,589Expenses 2016: $161,048Net Income 2016: $16,5412016Revenue 2017: $170,481Expenses 2017: $148,226Net Income 2017: $22,2552017Revenue 2018: $89,264Expenses 2018: $98,323Net Income 2018: -$9,0592018Revenue 2019: $365,893Expenses 2019: $279,246Net Income 2019: $86,6472019Revenue 2020: $354,040Expenses 2020: $306,193Net Income 2020: $47,8472020Revenue 2021: $1,118,831Expenses 2021: $1,088,698Net Income 2021: $30,1332021Revenue 2022: $1,158,801Expenses 2022: $1,187,802Net Income 2022: -$29,0012022Revenue 2023: $1,536,337Expenses 2023: $1,371,454Net Income 2023: $164,8832023Revenue 2024: $1,115,565Expenses 2024: $1,252,817Net Income 2024: -$137,2522024

Highlighted filing

2018

Revenue$89,264
Expenses$98,323
Net Income-$9,059
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 17, 2019
Return Version
2018v3.1
Gross Receipts
$109,165
Mission and Program Overview

Mission

Deep Vellum Publishing is a not-for-profit literary publisher that seeks to enhance the open exchange of ideas among cultures and to connect the worlds greatest untranslated contemporary writers of literature and creative nonfiction with English-language readers for the first time through original translations, while facilitating educational opportunities for students of translation in the Dallas community.

Program Services

DescriptionGrantsExpenses
By the end of 2018, Deep Vellum published 38 books written by 32 authors from 5 continents and 18 countries, translated from 15 different languages, including debut novels alongside renowned authors in original translations. Our books are also available as e-books on all digital bookselling platforms, in addition to high-quality trade print books. Deep Vellum measures success by: - Book Sales: Through data from our national distributor, ebook retailers, subscriptions, and direct sales. We project average sales of 3,000 copies per title, reaching many more through library and school outreach, plus our writer event programming. Between book sales, books shared, and through related author, translator, and other literary events, our programming initiatives reached an estimated audience of 75,000 individuals in 2018.- Critical Reception: Maintaining positive, broad critical reception, awards, and word-of-mouth enthusiasm from the literary community is one indicator of programmatic success. In 2018, Deep Vellum's book Not One Day by Anne Garrta, and translated from the French by Emma Ramadan, won the Albertine Prize. Our book Of Darkness by Josefine Klougart, translated from the Danish by Martin Aitken, was nominated for the International Dublin Literary Award. And Deep Vellum's books continued to receive major critical attention, including a major feature-length review in the world's oldest literary review, the Times Literary Supplement, of The Geography of Rebels Trilogy by Maria Gabriela Llansol, translated from the Portuguese by Audrey Young; a major review of Revenge of the Translator by Brice Matthieussent, translated from the French by Emma Ramadan, in the Los Angeles Review of Books; and many end-of-year accolades, including 4 Deep Vellum books included in World Literature Today's 75 Notable Translations of 2018.- Event Attendance Tracking: Through monitoring event-related book sales, email newsletter sign-ups, post- engagement feedback from attendees, and maintaining demographic diversity in the audiences served. These include the 110 attendees of our Banthology book launch in April 2018, supported with a City of Dallas Office of Cultural Affairs grant, at the Dallas Institute of Humanities and Culture, as well as 40 attendees to Icelandic author feigur Sigurdssons book launch for rfi: The Wasteland held at Deep Vellum Books in Dallas, where the author was in conversation with Dallas-based writer David Searcy (Sigurdssons audience ranged from 20 to 60 attendees at the other 10 events on his 2-week tour of the US in October 2018); and the 20 attendees to each of the inaugural five Deep Vellum Book Club discussions. - Digital Audience Growth: Through data compiled from Google Analytics, and social media reports. We project an increase in website traffic to 50,000 visits by 2020, with an increase to 10,000+ followers on Facebook, 10,000+ followers on Twitter, and 10,000+ followers on Instagram. On average, we have an organic reach of nearly 25,000 (18% Texas-based) weekly impressions via Twitter; 4,500 weekly impressions (21% Texas-based) via Facebook; and 3,800 (25% Dallas-based) weekly impressions via Instagram. Our regular, monthly email marketing updates reach over 3,000 subscribers, in addition to hundreds more on separate lists for trade-specific email marketing targeting booksellers and librarians. - Grants: In 2018, Deep Vellum crossed the major anniversary threshold of 5 years, and in our first-time major government grant applications received our first grants from the City of Dallas Office of Cultural Affairs as well as from the Texas Commission on the Arts. We also received grants from Dallas's own Embrey Family Foundation, plus translation-specific grants from the Portuguese Ministry of Culture, the Russian Institute of Translation, and the Cultural Services of the French Embassy to support our literary programming initiatives, among other grant-making institutions. - Fellowships, Festivals, Conferences, Trade Shows: An integral part of Deep Vellum's success is participating in publishing industry programs around the world: in May 2018 Deep Vellum's director, Will Evans, attended the Finnish Literature Program's Editor's Week Fellowship in Helsinki; Deep Vellum exhibited at the American Library Association Conference in New Orleans, the Texas Book Festival in Austin, and the Tulsa Book Festival; and representatives from Deep Vellum attended the Consortium Book Sales and Distribution sales conferences in New York City (May) and Minneapolis (November).- Collaborations: Much of Deep Vellum's success is due to partnering with complementary organizations to expand the audience and reach of our programming. In addition to publishing books, Deep Vellum has collaborated with nationwide partners including independent bookstores, libraries, and universities; in 2018 Deep Vellum partnered with PEN America and the Embrey Family Foundation; the University of Texas at Dallas Translation Center; the French Embassy; and more to program well over 100 conversations with our authors and translators across the world since our founding.$83,766-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joel GarzaSecretary-$0--
Edward NawotkaPresident-$0--
Chad PostDirector-$0--
Jacob SilvermanTreasurer-$0--
Paul WingoVice President-$0--
Will EvansExecutive DirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Deep Vellum Publishing Inc
EIN
46-3099904
Phone
9726387741
Address
3000 Commerce St, Dallas, TX 75226

Signing Officer

Name
Will Evans
Title
Executive Director
Signed
2019-04-17
Discuss with paid preparer
Yes

Preparer

Firm
CMRosen LLC
Address
17440 Dallas Pkwy Ste 218, Dallas, TX 75287-7308
Preparer
Chad M Rosen CPA
Phone
9728181400
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $4156

Other Expenses.1002

Office Expenses $6658

Other Expenses.1005

Travel $3506

Other Expenses.1007

Conferences, Conventions, and Meetings $140

Other Expenses.1008

Interest $3496

Other Expenses.1

Dues and Subscriptions $175

Other Assets.1010

Inventories - Beginning $0 Inventories - Ending $103305

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $4972 Accounts Payable and Accrued Expenses - Ending $32028

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits