Civic Intelligence

Archipelago Books Inc.

990 • Fiscal year 2016 • EIN 61-1423856

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 20, 2018

Organization ProfileWWW.ARCHIPELAGOBOOKS.ORG
232 3rd Street No A111Brooklyn, NY 11215

(718) 852-6134

Siviq Scores

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Balance Sheet

Assets

Up

$840,448

Up $40,426 (+5.1%) from 2015

Net Assets

Down

$490,939

Down $23,062 (-4.5%) from 2015

Liabilities

Up

$349,509

Up $63,488 (+22%) from 2015

Revenue And Expenses

Revenue

Up

$749,820

Up $36,275 (+5.1%) from 2015

Expenses

Up

$700,981

Up $74,931 (+12%) from 2015

Net Income

Down

$48,839

Down $38,656 (-44%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $379,578Liabilities 2010: $224,967Net Assets 2010: $154,6112010Assets 2011: $366,082Liabilities 2011: $251,073Net Assets 2011: $115,0092011Assets 2012: $487,735Liabilities 2012: $244,307Net Assets 2012: $243,4282012Assets 2013: $475,949Liabilities 2013: $283,811Net Assets 2013: $192,1382013Assets 2014: $738,950Liabilities 2014: $290,525Net Assets 2014: $448,4252014Assets 2015: $800,022Liabilities 2015: $286,021Net Assets 2015: $514,0012015Assets 2016: $950,435Liabilities 2016: $367,509Net Assets 2016: $582,9262016Assets 2016: $840,448Liabilities 2016: $349,509Net Assets 2016: $490,9392016Assets 2017: $845,499Liabilities 2017: $306,795Net Assets 2017: $538,7042017Assets 2018: $831,740Liabilities 2018: $213,437Net Assets 2018: $618,3032018Assets 2019: $871,515Liabilities 2019: $214,720Net Assets 2019: $656,7952019Assets 2020: $1,030,167Liabilities 2020: $158,002Net Assets 2020: $872,1652020Assets 2021: $1,023,676Liabilities 2021: $93,374Net Assets 2021: $930,3022021Assets 2022: $1,204,113Liabilities 2022: $138,469Net Assets 2022: $1,065,6442022Assets 2023: $1,037,924Liabilities 2023: $168,636Net Assets 2023: $869,2882023Assets 2024: $1,220,595Liabilities 2024: $343,402Net Assets 2024: $877,1932024

Highlighted filing

2016

Assets$840,448
Liabilities$349,509
Net Assets$490,939
Open 2016 Filing

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $364,176Expenses 2010: $387,397Net Income 2010: -$23,2212010Revenue 2011: $323,739Expenses 2011: $363,341Net Income 2011: -$39,6022011Revenue 2012: $454,298Expenses 2012: $342,879Net Income 2012: $111,4192012Revenue 2013: $372,537Expenses 2013: $390,816Net Income 2013: -$18,2792013Revenue 2014: $731,962Expenses 2014: $469,675Net Income 2014: $262,2872014Revenue 2015: $713,545Expenses 2015: $626,050Net Income 2015: $87,4952015Revenue 2016: $740,780Expenses 2016: $701,706Net Income 2016: $39,0742016Revenue 2016: $749,820Expenses 2016: $700,981Net Income 2016: $48,8392016Revenue 2017: $702,323Expenses 2017: $709,558Net Income 2017: -$7,2352017Revenue 2018: $715,499Expenses 2018: $635,900Net Income 2018: $79,5992018Revenue 2019: $636,110Expenses 2019: $597,618Net Income 2019: $38,4922019Revenue 2020: $823,168Expenses 2020: $607,798Net Income 2020: $215,3702020Revenue 2021: $791,928Expenses 2021: $736,541Net Income 2021: $55,3872021Revenue 2022: $872,596Expenses 2022: $737,254Net Income 2022: $135,3422022Revenue 2023: $909,104Expenses 2023: $933,456Net Income 2023: -$24,3522023Revenue 2024: $987,364Expenses 2024: $979,459Net Income 2024: $7,9052024

Highlighted filing

2016

Revenue$749,820
Expenses$700,981
Net Income$48,839
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 20, 2018
Return Version
2016v3.0
Gross Receipts
$967,481
Mission and Program Overview

Mission

Archipelago books is a not-for-profit press devoted to publishing outstanding translations of vital works of classic and contemporary world literature. In our fifteen years, we have brought out more than one hundred and seventy books from more than thirty-five languages.artistic exchange between cultures is a crucial aspect of global understanding. It has never been more important for voices from around the world to be heard in this country-our place in the world depends upon it. Sadly, less than three percent of new literature published in the united states originates outside the anglosphere. By publishing diverse and innovative literary translations we are doing what we can to change this lamentable circumstance and to broaden the american literary landscape.

Archipelago books is a not-for-profit press devoted to publishing outstanding translations of vital works of classic and contemporary world literature. In our first decade, we have brought out more than ninety-five books from more than twenty-five languages.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$326,582$408,792▲ $82,210
Prepaid Expenses and Deferred Charges$227,170$263,207▲ $36,037
Accounts Receivable$52,061$91,413▲ $39,352
Cash and Non-Interest-Bearing Accounts$141,012$62,287▼ $78,725
Loans From Officers Directors$83,025$57,557▼ $25,468
Savings and Temporary Cash Investments$25,018$5,027▼ $19,991
Pledges and Grants Receivable$17,000$4,543▼ $12,457
Land, Buildings, and Equipment, Net$3,332$1,999▼ $1,333
Total Assets$795,355$840,448▲ $45,093
Other Assets Total$3,180$3,180→ $0
Liabilities
Accounts Payable and Accrued Expenses$154,014$277,649▲ $123,635
Deferred Revenue$5,379$13,466▲ $8,087
Other Liabilities$837$837→ $0
Total Liabilities$243,255$349,509▲ $106,254
Net Assets / Fund Balance
Unrestricted Net Assets$464,521$427,015▼ $37,506
Temporarily Rstr Net Assets$83,279$59,624▼ $23,655
Permanently Rstr Net Assets$4,300$4,300→ $0
Total Net Assets Fund Balance$552,100$490,939▼ $61,161
Total Liabilities and Net Assets / Fund Balance$795,355$840,448▲ $45,093

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,999$10,580$12,579
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jill SchoolmanPublisher/board MemberFT$65,167$4,361$69,528

Board Members and Trustees

NameTitle
Violaine HuismanPresident
Daniel FrankVice President
Breon MitchellBoard Member
Dave HaanBoard Member
Florence LuiBoard Member
GEOFFREY O'BRIENBoard Member
Martha CooleyBoard Member
Patricia BegleyBoard Member
Rick MoodyBoard Member
Tess LewisBoard Member
Todd LesterBoard Member
Peter Von ZiegesarSecretary
David DeanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$396,252
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$353,568
All Other Contributions
$285,541
Change in Net Assets
$48,839
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$521,262
Salaries, Compensation, and Employee Benefits$179,719
Total Fundraising Expense$7,293
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Royalties$115,041--$115,041
Other Salaries and Wages$75,721$11,353$2,009$89,083
Office Expenses$78,841$2,141$443$81,425
Current Officers, Directors, Trustees, and Key Employees$59,099$8,343$2,086$69,528
Advertising$60,036--$60,036
Fees for Services Accounting-$33,625-$33,625
Fees for Services Other$25,768$61-$25,829
Occupancy$17,538$2,565$530$20,633
Payroll Taxes$11,212$1,640$339$13,191
Conferences and Meetings$7,512-$1,667$9,179
Other Employee Benefits$6,729$1,003$185$7,917
Other Expenses$4,424$3,255-$7,679
Travel$6,886--$6,886
Insurance-$1,971-$1,971
Depreciation Depletion$1,133$166$34$1,333
Total Functional Expenses$627,565$66,123$7,293$700,981
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$12,294
Fundraising Gross Income$12,294
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Anniversary Gala$30,467$12,294-$12,294
Total Events$30,467$12,294$12,294$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$83,025$57,557▼ $25,468
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$837
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no committees with the authority to act on behalf of the board of directors.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is prepared by the organization's independent accountants. It is reviewed by the publisher and one or more members of the board of directors prior to filing.”

Form 990, Part VI, Section B, Line 15A

“The salary of the publisher, the organization's only compensated officer, is determined and approved by the board of directors. The organization has no other compensated officers or key employees. The salary of the associate editor / publicist, the only other full-time, compensated employee aside from the publisher--but not an officer--is likewise determined and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“These documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Archipelago Books Inc
EIN
61-1423856
Phone
7188526134
Address
232 3RD STREET NO A111, BROOKLYN, NY 11215

Signing Officer

Name
Jill Schoolman
Title
Publisher
Phone
7188526134
Signed
2018-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Schoolman
Formed
2002
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
13
Employees
3
Volunteers
27

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Frederick Martens
Phone
2126972299
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Reserve for inventory -110,000.”

Form 990 - Amended Return

“The following have been amended based on the completion of the review of the organization's 2015 financial statements: part i, lines 8 - 22 part ii, line 4a part vii, lines 1, 3, 10 and 11 part ix, lines 9, 10, 11g, 12, 13, 19, and 24 part x, lines 8, 9, 22, 27 and 28 part xi, lines 1, 2 and 8 and 9 part xii, lines 2a and 2c schedule a, part iii, lines 1, 7a, 10a and 12 schedule b, part i schedule l, part ii”

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IRS990/ActivityOrMissionDesc0ARCHIPELAGO BOOKS IS A NOT-FOR-PROFIT PRESS DEVOTED TO PUBLISHING OUTSTANDING TRANSLATIONS OF VITAL WORKS OF CLASSIC AND CONTEMPORARY WORLD LITERATURE. IN OUR FIRST DECADE, WE HAVE BROUGHT OUT MORE THAN NINETY-FIVE BOOKS FROM MORE THAN TWENTY-FIVE LANGUAGES.
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IRS990/Desc0DURING THE PAST YEAR, OUR ACTIVITIES WERE TO ACQUIRE, TRANSLATE, EDIT, DESIGN, PRINT, AND PROMOTE THE FOLLOWING WORKS OF INTERNATIONAL LITERATURE: BROKEN MIRRORS: SINALCOL BY ELIAS KHOURY, TRANSLATED BY HUMPHREY DAVIES (FEBRUARY 2016); MY STRUGGLE: BOOK 5 BY KARL OVE KNAUSGAARD, TRANSLATED BY DON BARTLETT (APRIL 2016); NEWCOMERS BY LOJZA KOVACIC, TRANSLATED BY MICHAEL BIGGINS (MAY 2016); THE BIRDS BY TARJEI VESAAS, TRANSLATED BY MICHAEL BARNES AND TORBJ RN ST VERUD (MAY 2016); ABSOLUTE SOLITUDE BY DULCE MARIA LOYNAZ, TRANSLATED BY JAMES O'CONNOR (MAY 2016); THE FIRST WIFE BY PAULINA CHIZIANE, TRANSLATED BY DAVID BROOKSHAW (AUGUST 2016); ANGEL OF OBLIVION BY MAJA HADERLAP, TRANSLATED BY TESS LEWIS (AUGUST 2016); COCKROACHES BY SCHOLASTIQUE MUKASONGA, TRANSLATED BY JORDAN STUMP (OCTOBER 2016); KONUNDRUM: SELECTED PROSE OF FRANZ KAFKA BY FRANZ KAFKA, TRANSLATED BY PETER WORTSMAN (OCTOBER 2016); WAYWARD HEROES BY HALLD R LAXNESS, TRANSLATED BY PHILIP ROUGHTON (NOVEMBER 2016); VULTURE IN A CAGE BY SOLOMON IBN GABIROL, TRANSLATED BY RAYMOND SCHEINDLIN (DECEMBER 2016); DANCE ON THE VOLCANO BY MARIE VIEUX-CHAUVET, TRANSLATED BY KAIAMA GLOVER (JANUARY 2017); AND IN PRAISE OF DEFEAT BY ABDELLATIF LA BI, TRANSLATED BY DONALD NICHOLSON SMITH (JANUARY 2017). WE RELEASED EACH OF THESE TITLES IN BOTH PRINT AND E-BOOK FORM. CRITICAL ACCOLADES HAVE REINFORCED OUR WORK AND MISSION. ELIZABETH HARRIS'S TRANSLATION OF ANTONIO TABUCCHI'S TRISTANO DIES: A LIFE WAS AWARDED THE 2016 NATIONAL TRANSLATION AWARD, OUR LADY OF THE NILE BY SCHOLASTIQUE MUKASONGA WAS SHORTLISTED FOR THE 2016 DUBLIN INTERNATIONAL LITERARY AWARD (FORMERLY THE IMPAC), A GENERAL THEORY OF OBLIVION BY JOS EDUARDO AGUALUSA WON THE 2016 DUBLIN INTERNATIONAL LITERARY AWARD AND SCHOLASTIQUE MUKASONGA'S COCKROACHES WAS A FINALIST FOR THE L.A. TIMES PRIZE IN THE MEMOIR CATEGORY AND A FINALIST FOR THE FRENCH-AMERICAN TRANSLATION PRIZE IN NON-FICTION. TESS LEWIS' TRANSLATION OF MAJA HADERLAP'S ANGEL OF OBLIVION WON THE 2017 PEN TRANSLATION PRIZE, AND TWO OTHER ARCHIPELAGO TITLES WERE SHORTLISTED FOR THE PEN POETRY IN TRANSLATION PRIZE: ABSOLUTE SOLITUDE BY DULCE MAR A LOYNAZ, TRANSLATED BY JAMES O'CONNOR; AND IN PRAISE OF DEFEAT BY ABDELLATIF LA BI, TRANSLATED BY DONALD NICHOLSON-SMITH. OUR TITLES WERE PRAISED IN WORLD LITERATURE TODAY, THE WALL STREET JOURNAL, THE NEW YORK TIMES BOOK REVIEW, THE NEW YORK REVIEW OF BOOKS, THE LOS ANGELES TIMES, PUBLISHERS WEEKLY, NATIONAL PUBLIC RADIO, THE LARB, THE WASHINGTON POST, HARPER'S MAGAZINE, AND THE NEW YORKER, TO NAME A FEW. MY STRUGGLE CONTINUES TO RECEIVE GENEROUS MEDIA ATTENTION WITH FEATURES AND REVIEWS FOR BOOK FIVE IN THE NEW YORK TIMES BOOK REVIEW, THE NEW YORK REVIEW OF BOOKS, THE WALL STREET JOURNAL, THE WASHINGTON POST, AND NATIONAL PUBLIC RADIO (NPR), AND AMONG OTHERS. WE ALSO UNDERTOOK PROMOTIONAL EFFORTS FOR OUR BOOKS, INCLUDING THE PRINTING OF ADVANCE READING COPIES FOR EACH BOOK, WHICH ALLOWS US TO REACH A WIDE COMMUNITY OF CRITICS, WRITERS, PROFESSORS, AND BOOKSELLERS, ALL OF WHOM PLAY A MAJOR ROLE IN OUR EFFORTS TO CONNECT WITH READERS.ARCHIPELAGO SAW THE ACQUISITION AND TRANSLATION COSTS OF THE FOLLOWING FORTHCOMING TITLES: QUESTIONS ASKED BY JOSTEIN GAARDER (NORWAY), TRANSLATED FROM THE NORWEGIAN BY DON BARTLETT; FOR ISABEL: A MANDALA BY ANTONIO TABUCCHI (ITALY), TRANSLATED FROM THE ITALIAN BY ELIZABETH HARRIS; TWIST BY HARKAITZ CANO (BASQUE COUNTRY), TRANSLATED FROM THE BASQUE BY AMAIA GABANTXO; FEATHER BY CAO WENXUAN (CHINA) AND ILLUSTRATED BY ROGER MELLO (BRAZIL), TRANSLATED FROM THE CHINESE BY CHLOE GARCIA-ROBERTS; INCEST BY CHRISTINE ANGOT (FRANCE), TRANSLATED FROM THE FRENCH BY TESS LEWIS; MAP DRAWN BY A SPY BY GUILLERMO CABRERA INFANTE (CUBA), TRANSLATED FROM THE SPANISH BY MARK FRIED; HORSEMAN OF THE SANDS BY LEONID YUZEFOVICH (RUSSIA), TRANSLATED FROM THE RUSSIAN BY MARIAN SCHWARTZ; SELECTED STORIES OF HEBE UHART (ARGENTINA), TRANSLATED FROM THE SPANISH BY MAUREEN SHAUGHNESSY; KIN BY MILJENKO JERGOVIC (CROATIA), TRA
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IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$840,448
Liabilities
$349,509
Net assets
$490,939
Revenue
$749,820
Expenses
$700,981
Net income
$48,839
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.22$0.34$0.88$0.99$0.98$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.04$0.17$0.87$0.91$0.93$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.14$1.07$0.87$0.74$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.02$0.09$0.93$0.79$0.74$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.16$0.87$0.82$0.61$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.21$0.66$0.64$0.60$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.21$0.62$0.72$0.64$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.31$0.54$0.70$0.71$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.95$0.37$0.58$0.74$0.70$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.84$0.35$0.49$0.75$0.70$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.80$0.29$0.51$0.71$0.63$0.09
2014Summary only. Only limited summary data is available for this year.$0.74$0.29$0.45$0.73$0.47$0.26
2013Summary only. Only limited summary data is available for this year.$0.48$0.28$0.19$0.37$0.39$0.02
2012Summary only. Only limited summary data is available for this year.$0.49$0.24$0.24$0.45$0.34$0.11
2011Summary only. Only limited summary data is available for this year.$0.37$0.25$0.12$0.32$0.36$0.04
2010Summary only. Only limited summary data is available for this year.$0.38$0.22$0.15$0.36$0.39$0.02