Being a nonprofit requires securing funding to continue operating into the future. This means that building trust and transparency is necessary for foundational support, individual donors, partners, and friends. We feel that clear, accessible information about Torch’s plans, review of yearly programmatic impact, and financial reporting to the IRS are important ways to show our community that we are committed to amplifying Black women writers. 

As a nonprofit, tax-exempt organization, Torch wants to ensure all of our donors and friends know how much their contributions make an impact in the lives of the Black women writers we support. The easiest way is to remain transparent by making our financials and planning documents available to the public. You can now view Torch’s transparency documents by visiting torchliteraryarts.org/reports.

How is Torch ensuring sustainable progress and setting measurable goals for the future? Starting last fall, Torch began a strategic planning process to envision detailed and measurable progress toward the mission to amplify Black women writers. The plan details priorities for the board, leadership and team, and community members. The three-year plan ends with the 20-year celebration of Torch in 2026 – a milestone for a community that will only continue to grow. View our strategic plan here.

How is Torch keeping track of its impact? 2022 was Torch’s first year as a nonprofit organization. It’s also the first year of recording our programmatic impact – the many free workshops we’ve held, the amount of Friday Features we’ve published, and our financial statement. While annual reports aren’t required by law, we want to give you an inside look at Torch’s first year as a nonprofit. Celebrate the growth of Torch Literary Arts, our award-winning and globally recognized programs, and our partners and donors by viewing our 2022 annual report here.

How is Torch keeping it really, real? We have the necessary Internal Revenue Service documentation to back it up. Our 2022 Form 990 is the necessary document all nonprofits must file to maintain their nonprofit status. If you want to take a deeper look into Torch’s financials including revenues, expenses, programmatic costs, etc. You can view our 2022 IRS Form 990 here.

We hope that you review each of our documents and continue supporting Torch Literary Arts in the future. Be on the lookout for more transparency documents like our 2023 IRS Form 990 and 2023 annual report coming later this year!

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About Torch Literary Arts

Torch Literary Arts is a 501(c)3 nonprofit established with love and intention in 2006 to publish and promote creative writing by Black women. We publish contemporary writing by experienced and emerging writers alike. Torch has featured work by Toi Derricotte, Tayari Jones, Sharon Bridgforth, Crystal Wilkinson, Patricia Smith, Natasha Trethewey, Elizabeth Alexander, and others. Programs include the Wildfire Reading Series, workshops, an annual retreat, and special events. 

Help Torch continue to publish and promote Black women writers by donating today.

Media Contact Information:

Brittany Heckard

Communications Associate

bheckard@torchliteraryarts.org 

(512) 641-9251