EIN 41-1365177

Milkweed Editions

IRS 501(c) type
501(c)(3)
Num. employees
18
Year formed
1979
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Milkweed Editions is one of the largest independent nonprofit literary presses in the nation. They publish fifteen-twenty books each year.
Total revenues
$4,600,767
2023
Total expenses
$4,639,785
2023
Total assets
$8,001,848
2023
Num. employees
18
2023

Program areas at Milkweed Editions

Book production, distribution, and promotion:founded in minneapolis in 1980, Milkweed Editions is one of the nation's leading independent publishers of literature. We currently publish some thirty titles each year in the categories of poetry, fiction, and nonfiction, and our list is acclaimed for its distinction and variety. We release every title simultaneously in print and ebook Editions, we enhance the publication of all titles with original digital content, we license publication of many titles we originate to foreign and audiobook publishers, and, since 2018, we publish some of our poetry titles as audiobooks. We currently have more than four hundred titles in print, nearly two hundred titles available as ebooks, and nearly five million copies of books we published originally in circulation around the world.
Editorial:we measure the success of our publishing program, how well we achieve our mission, in many ways, including book sales through our distributor, our website, and our bookstore. In 2023, revenue generated by sales of our books grossed more than $5 million. We also factor in awards, reviews, and other media attention garnered by our titles, authors, and organization. Our books saw reviews and media mentions in outlets ranging from the new york times, the wall street journal, the guardian, and the new yorker and recent titles were finalists for the pulitzer prize, the national book award, the national book critics circle award, pen/jean stein book award, the l.a. times book prize, and the Minnesota book award, among numerous other awards and prizes.
Outreach: - general -Milkweed is motivated by the fact that literature is fundamentally transformative. Every year we sell hundreds of thousands of books, many of our authors and titles receive awards, and most titles receive glowing reviews and recommendations in a wide range of media. These are some of the ways we measure success, but in addition to our publishing program, we actively seek to build community around literature and to serve an expanding, increasingly diverse constituency of writers and readers. We serve writers by providing financial and editorial support and by building a broad audience for their work. We serve readers by connecting them to the authors and books we publish. - reaching readers -our goal to build community is ultimately achieved by sharing our work with the widest range of participants and communicating why it is relevant and how it can be transformative in their lives. We work to make our books available in a variety of formats print, ebook, and increasingly audiobook; we have a variety of distribution partners to help books reach as many markets as possible; we also cultivate strong relationships with librarians, ensuring that many readers borrow our books; and each year we donate several thousand books. - open book - as one of three founding tenants of open book, the nation's largest literary center located in downtown minneapolis, we actively seek to build community around literature. In the years since its founding in 2000, open book is now a national success story. The center attracts more than 175,000 visitors annually, and we strengthened our commitment to this remarkable institution by opening a street-level bookstore in the building in late 2016. Milkweed books serves as a vibrant community space, a site where readers discover and interact with writers, many of whom are published by other organizations in our field. The building closed to the public in early 2020 due to the covid-19 pandemic but reopened in june of 2022. - fellowship program -the Milkweed fellowship program, launched in 2019, is grounded in the belief that books have the potential to change the way we see the world, and that equity is essential to a vibrant, diverse, and empowered literary ecosystem. This paid, one- to two-year immersion program is designed to offer the tools, experience, and exposure necessary to pursue a career in book publishing. Intended to provide an alternative route to success in an industry where the prerequisite to an entry level position is typically an unpaid internship, this learning-oriented position seeks to provide entry to those historically underrepresented among workers in book publishing - indigenous, people of color, lgbtqia+, and those with disabilities so they may advance, discover, and champion transformative literature for years to come.

Who funds Milkweed Editions

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lenzmeier Family FoundationGeneral Operating$100,000
Schwab Charitable FundArts, Culture & Humanities$90,150
The McKnight FoundationFor General Operating Support$60,000
...and 15 more grants received

Personnel at Milkweed Editions

NameTitleCompensation
Daniel SlagerPublisher and Chief Executive Officer$217,500
Katherine HillVice President of Engagement , Chief Innovation Officer$119,615
Katie HillVice President, Engagement and Chief Innovation Officer
Joanna YannaMarketing Director
Mary AustinSpeaker She and Her and Hers Creative Director
...and 7 more key personnel

Financials for Milkweed Editions

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,066,028
Program services$156,100
Investment income and dividends$68,688
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-95,381
Net income from fundraising events$-13,658
Net income from gaming activities$0
Net income from sales of inventory$3,396,085
Miscellaneous revenues$22,905
Total revenues$4,600,767

Form 990s for Milkweed Editions

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-01990View PDF
2022-122023-09-14990View PDF
2021-122022-05-12990View PDF
2020-122021-05-28990View PDF
2019-122021-02-19990View PDF
...and 9 more Form 990s

Organizations like Milkweed Editions

OrganizationLocationRevenue
Graywolf PressMinneapolis, MN$3,336,246
Paris Review FoundationNew York, NY$3,686,959
The Kenyon ReviewGambier, OH$2,922,738
Type Media CenterNew York, NY$4,047,638
BOMB MagazineBrooklyn, NY$1,566,162
New PressNew York, NY$4,787,117
ProgressiveMadison, WI$1,280,469
The Feminist PressNew York, NY$1,464,284
Radius BooksSanta Fe, NM$1,693,446
High Country NewsPaonia, CO$3,989,987
Data update history
September 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 21, 2024
Updated personnel
Identified 4 new personnel
August 26, 2024
Received grants
Identified 4 new grant, including a grant for $100,000 from Lenzmeier Family Foundation
July 12, 2024
Used new vendors
Identified 1 new vendor, including
May 19, 2024
Received grants
Identified 6 new grant, including a grant for $60,000 from The McKnight Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsMedia and communications organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
LobbyingFundraising eventsReceives government fundingEndowed supportGala fundraisersTax deductible donationsAccepts online donations
General information
Address
1011 Washington Ave S 300
Minneapolis, MN 55415
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
milkweed.org/ 
Phone
(612) 332-3192
IRS details
EIN
41-1365177
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A33: Printing, Publishing
NAICS code, primary
5111: Newspaper, Periodical, Book, and Directory Publishers
Parent/child status
Independent
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