NonprofitsMilkweed Editions Inc

Arts, Culture & Humanities

Milkweed Editions Inc

MINNEAPOLIS, MN

Total revenue

$4.8M

Total expenses

$4.4M

Net assets

$7.0M

Grants received

$2.7M

87 grants

EIN

411365177

Tax year

2024

Mission

To identify, nurture and publish transformative literature, and build an engaged community around it.

Programs

2 programs

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. - 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.

Expenses: $963K

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 2024, 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.

Expenses: $575K

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$161K
Investment income$308K
Other revenue$3.2M
Total revenue$4.8M

Expenses

Grants paid
Salaries & benefits$1.6M
Fundraising$433K
Other expenses$2.8M
Total expenses$4.4M
Total assets$8.3M
Net assets$7.0M

People

29 listed

NameRoleCompensation

DANIEL SLAGER

PUBLISHER AND CEO

Board

$218K

40 hrs/wk

JACK DEMPSEY

BOARD MEMBER

Board

1 hrs/wk

PAMELA FLETCHER BUSH

BOARD MEMBER

Board

1 hrs/wk

NED HANCOCK

BOARD MEMBER

Board

1 hrs/wk

SHAWN MONAGHAN

BOARD MEMBER

Board

1 hrs/wk

MARY REYELTS

BOARD MEMBER

Board

1 hrs/wk

NELL SMITH

BOARD MEMBER

Board

1 hrs/wk

STEVE SPENCER

TREASURER

Board

1 hrs/wk

JONATHAN GAW

BOARD MEMBER

Board

1 hrs/wk

LEAH LAMON

BOARD MEMBER

Board

1 hrs/wk

MOLLY SULLIVAN

BOARD MEMBER

Board

1 hrs/wk

DEANNA THOMPSON

BOARD MEMBER

Board

1 hrs/wk

AMY VARGO

BOARD MEMBER

Board

1 hrs/wk

MARNE ZAFAR

BOARD MEMBER

Board

1 hrs/wk

SHELLY GILL MURRAY

SECRETARY

Board

1 hrs/wk

STEPHANIE MATZ

BOARD MEMBER

Board

1 hrs/wk

DEEPINDER MAYELL

BOARD MEMBER

Board

1 hrs/wk

SARAH STOESZ

BOARD MEMBER

Board

1 hrs/wk

PAULITA LAPLANTE

BOARD MEMBER

Board

1 hrs/wk

CHUCK KNAPP

BOARD MEMBER

Board

1 hrs/wk

HEATHER ANFANG

BOARD MEMBER

Board

1 hrs/wk

KEITH BEDNAROWSKI

BOARD MEMBER

Board

1 hrs/wk

EMILY NICOLL

BOARD MEMBER

Board

1 hrs/wk

LYNN ABRAHAMSEN

PAST CHAIR

Board

1 hrs/wk

NIMA DESAI

VICE CHAIR

Board

1 hrs/wk

SHEILA LETSCHER

CHAIR

Board

1 hrs/wk

JANE TOWNSEND

VICE PRESIDENT, ADVANCEMENT

Staff

$146K

40 hrs/wk

CRAIG POPELARS

VICE PRESIDENT OF MARKETING & SALES

Staff

$119K

40 hrs/wk

KATHERINE HILL

VICE PRESIDENT OF ENGAGEMENT

Staff

$111K

40 hrs/wk

Independent contractors

INGRAM (PGW)

DISTRIBUTES AND STORES INVENTORY

$1.1M

ROBIN WALL KIMMERER

ROYALTY PAYMENT

$855K

BOOKMOBILE

PRINT PRODUCTION

$542K

FRIESENS CORPORATION

PRINT PRODUCTION

$490K

Grants received

Showing 87 of 87

FromAmountPurposeYear
$71K
DONOR ADVISED, ARTS, CULTURE, HUMANITIES
2024
$60K
for general operating support
2024
$33K
ENTREPRENEURSHIP
2024
$20K
GENERAL OPERATING SUPPORT
2024
$10K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.
2024
$8K
UNRESTRICTED GENERAL SUPPORT
2024
$1K
GENERAL OPERATING
2024
$321K
DONOR-ADVISED, ARTS- CULTURE- HUMANITIES
2023
$100K
GENERAL OPERATING
2023
$60K
For general operating support
2023
$46K
ARTS, CULTURE & HUMANITIES
2023
$40K
POETRY PROGRAMS, PARTNERSHIPS, AND INNOVATION
2023
$34K
ENTREPRENUERSHIP
2023
$23K
For grant recipient's exempt purposes
2023
$20K
GENERAL OPERATING SUPPORT
2023
$20K
GENERAL OPERATING
2023
$8K
UNRESTRICTED GENERAL SUPPORT
2023
$8K
CAPITAL CAMPAIGN IN HONOR OF LIBBY DRISCOLL'S LEADERSHIP
2023
$5K
GENERAL OPERATING
2023
$2K
FELLOWSHIP FUND
2023
$1K
GENERAL OPERATING
2023
$1K
GENERAL OPERATING
2023
$1K
GENERAL SUPPORT
2023
$500
GENERAL SUPPORT
2023
$315
MATCHING GIFTS
2023
$125K
GENERAL OPERATING
2022
$90K
ARTS, CULTURE & HUMANITIES
2022
$60K
For general operating support
2022
$41K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.
2022
$40K
DONOR-RECOMMENDED, INFORMATION & COMMUNICATIONS
2022
$38K
UNRESTRICTED GENERAL SUPPORT
2022
$23K
GENERAL OPERATING
2022
$20K
CAPITAL CAMPAIGN IN HONOR OF LIBBY DRISCOLL'S LEADERSHIP
2022
$14K
For grant recipient's exempt purposes
2022
$6K
MUSIC PROGRAM
2022
$5K
EDUCATION
2022
$2K
GENERAL OPERATING
2022
$1K
GENERAL OPERATING SUPPORT
2022
$1K
GENERAL OPERATING
2022
$1K
GENERAL OPERATING
2022
$1K
GENERAL SUPPORT
2022
$500
GENERAL SUPPORT
2022
$125K
GENERAL OPERATING
2021
$77K
ARTS, CULTURE & HUMANITIES
2021
$60K
for general operating support
2021
$60K
for general operating support
2021
$41K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.
2021
$34K
DONOR-RECOMMENDED, INFORMATION & COMMUNICATIONS
2021
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$5K
CONTRIBUTION TO HELP WITH MISSION
2021
$1K
GENERAL OPERATING
2021
$1K
GENERAL OPERATING
2021
$1K
GENERAL OPERATING SUPPORT
2021
$500
GENERAL
2021
$135K
GENERAL OPERATING SUPPORT
2020
$93K
ARTS, CULTURE & HUMANITIES
2020
$73K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.
2020
$60K
For general operating support
2020
$60K
For general operating support
2020
$44K
TRANSITION FUNDING
2020
$15K
GENERAL OPERATING SUPPORT
2020
$11K
GENERAL OPERATING
2020
$2K
GENERAL OPERATING
2020
$1K
GENERAL OPERATING
2020
$1K
GENERAL OPERATING
2020
$500
GENERAL PURPOSE
2020
$200
GENERAL SUPPORT
2020
$46K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.
2019
$22K
GENERAL OPERATING SUPPORT
2019
$22K
ARTS, CULTURE & HUMANITIES
2019
$10K
SUPPORT OF FELLOWSHIP ACTIVITIES IN LITERATURE
2019
$6K
For grant recipient's exempt purposes
2019
$1K
GENERAL OPERATING SUPPORT
2019
$400
GENERAL CHARITABLE PURPOSES
2019
$171K
GENERAL OPERATING SUPPORT
2018
$23K
SUPPORT FOR PROGRAMS FOR EARLY CAREER WRITERS
2018
$9K
For grant recipient's exempt purposes
2018
$7K
ARTS, CULTURE & HUMANITIES
2018
$2K
PROVIDE SUPPORT FOR BOOK PUBLISHING
2018
$1K
GENERAL OPERATING SUPPORT
2018
$500
GENERAL SUPPORT
2018
$200
GENERAL SUPPORT
2018
$46K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.
2017
$12K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$9K
AUTHOR ADVANCE FUND
2017

Funded by

$2.7M from 25 funders · 87 grants · 2017–2024

The Minneapolis Foundation

$803K · 8 grants · 2017–2024

The McKnight Foundation

$420K · 7 grants · 2020–2024

Lenzmeier Family Foundation

$350K · 3 grants · 2021–2023

Donor Advised Charitable Giving Inc

$334K · 6 grants · 2018–2023

Alan B Slifka Foundation

$255K · 6 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$84K · 7 grants · 2017–2023

Amy And Chip Pearson

$77K · 4 grants · 2021–2024

Minneapolis Jewish Federation

$55K · 3 grants · 2020–2024

Details

EIN411365177
NTEE codeA76Z
Subsection03
Ruling date1980-02
Formed1979
Employees24
Volunteers24
MILKWEED EDITIONS INC — Mission, Financials & Grants Received | Grantivo