Overview
What is Milkweed Editions Inc?
Milkweed Editions Inc, established in 1980 in Minneapolis, Minnesota, is a distinguished independent publisher recognized nationwide for its diverse and acclaimed literary catalog. With around 25 employees, the organization annually releases approximately thirty titles in the genres of poetry, fiction, and nonfiction. Milkweed Editions makes its publications readily available in both print and ebook formats, and its titles often find international distribution through foreign and audiobook publishers. The organization enriches its publications by incorporating original digital content, and since 2018, has started publishing selected poetry titles as audiobooks. Milkweed Editions' mission is to discover, cultivate, and promote transformative literature, ultimately fostering a committed community around it.
Official website here: www.milkweed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% - Four-Star out of Four Star rating
Milkweed Editions Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is based entirely on its accountability metrics, showcasing the organization's commitment to transparency and effective management of resources. The high score indicates that donors can trust the organization to use their contributions wisely.
The nonprofit's strengths include a highly independent board comprising 96% independent members, ensuring unbiased governance. Additionally, it maintains robust financial oversight with a well-structured Audit and Oversight Committee. The organization's policies regarding conflict of interest and whistleblowing further enhance its operational integrity, all contributing to a solid financial health indicated by favorable ratios in program expenses and asset management.
There are no significant limitations noted in the available data, which highlights the organization's dedication to maintaining high standards of accountability. With an exceptional program expense ratio of 85.85%, Milkweed Editions Inc demonstrates a focus on fulfilling its mission effectively while ensuring that a substantial portion of its resources directly supports its programs.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Milkweed Editions Inc?
86% of 39 reviewers on Facebook recommend Milkweed Editions Inc. Here’s what they had to say:
Many users expressed their appreciation for the quality of the books published by Milkweed Editions, highlighting titles such as "Braiding Sweetgrass" by Robin Wall Kimmerer. Reviewers noted the insightful and enriching nature of the content, which reflects the nonprofit's commitment to literary excellence.
Overall, supporters feel that Milkweed Editions effectively curates thought-provoking literature, demonstrating a strong dedication to both authors and readers. The positive sentiments suggest that the organization successfully delivers on its mission to promote important voices and narratives in the literary community.
This AI summary has been generated from reviews found on Facebook.
Is Milkweed Editions Inc legitimate?
Milkweed Editions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milkweed Editions Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $216,951
Professional Fundraising Fees: $72,015
Other Salaries and Wages: $878,853
For more financial information, click here
Official website here: www.milkweed.org
What is the mission statement of Milkweed Editions Inc?
Milkweed Editions Inc's mission is to discover and promote transformative literature, while fostering an engaged community around it. They achieve this by publishing a diverse range of poetry, fiction, and nonfiction titles annually, releasing them simultaneously in print and eBook formats. The publisher enhances its titles with original digital content, licenses publications to foreign and audiobook publishers, and has over four hundred titles in print and nearly two hundred titles available as eBooks. With a catalog of nearly five million copies in circulation globally, Milkweed Editions continues to make significant contributions to the literary world.
Official website here: www.milkweed.org
Who is the CEO of Milkweed Editions Inc?
Daniel Slager is the Publisher/ Ceo of Milkweed Editions Inc. The CEO's salary of Milkweed Editions Inc is $209,615 and their total compensation is $216,951.
Official website here: www.milkweed.org
What is the revenue of Milkweed Editions Inc?
Milkweed Editions Inc's revenue in 2022 was $4,851,055.
Official website here: www.milkweed.org
Who are the executives of Milkweed Editions Inc and what are their salaries?
The average compensation at Milkweed Editions Inc during 2022 was $43,832. There are 25 employees and 23 volunteers at Milkweed Editions Inc.
Here are 28 key members and their salaries (Milkweed Editions Inc's CEO's salary is $209,615 and their total compensation is $216,951):
- Compensation: $209,615
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Official website here: www.milkweed.org
Where can I find the form 990 for Milkweed Editions Inc?
Milkweed Editions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.milkweed.org
Learn more at the official website: www.milkweed.org
Mission Statement of Milkweed Editions Inc
Milkweed Editions Inc, established in 1980, is recognized as one of the leading independent publishers of literature in the United States. The organization's mission is threefold: to identify, nurture, and publish transformative literature, and to build an engaged community around it.
At the heart of Milkweed Editions Inc's activities is the task of curating literature that has the power to impact and inspire. Each year, they publish approximately thirty titles in the genres of poetry, fiction, and nonfiction. The diversity and quality of their list are highly regarded, and they release every title simultaneously in print and ebook formats. To further enrich their publications, Milkweed Editions Inc incorporates original digital content and licenses publication rights for many titles to foreign and audiobook publishers. As of now, they have over four hundred titles in print, nearly two hundred titles available as ebooks, and nearly five million copies of their books circulating worldwide.
In addition to book production and distribution, Milkweed Editions Inc also seeks to engage a community around the literature they publish. They achieve this by offering a range of digital content and by licensing their titles to various publishing platforms. This approach enables their work to reach a broader audience, fostering a deeper appreciation for the transformative literature they publish.
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Impact
July, 2024
Milkweed Editions Inc's impact lies in its innovative approach to identifying, nurturing, and publishing transformative literature. By releasing every title simultaneously in print and ebook editions, enhancing publications with original digital content, and licensing titles to foreign and audiobook publishers, Milkweed Editions expands the reach of literature to a global audience. With a diverse list acclaimed for its distinction and variety, their more than four hundred titles in print and nearly five million copies circulating worldwide contribute significantly to the literary landscape. Through their mission to build an engaged community around literature, Milkweed Editions fosters a deeper appreciation for the arts and encourages dialogue and connection among readers and writers.
This information is meant to be a general summary of Milkweed Editions Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,298
- Program Service Revenue: $139,358
- Gross Receipts: $8,167,404
Assets and Liabilities:
- Total Assets: $7,640,334
- Total Liabilities: $1,386,199
- Net Assets: $6,254,135
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RIGHTS INCOME
Revenue
$139,358
Organization Details
Founding Year
1979
Phone
(612) 332-3192Principal Officer
Daniel Slager
Main Address
1011 WASHINGTON AVENUE SOUTH 300, MINNEAPOLIS, MN, 554151246
Website
www.milkweed.orgNTEE Category
Code: A76Z - Arts
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