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Graywolf Press

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911257237 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Graywolf Press?

Graywolf Press is a distinguished, independent publishing house situated in Minneapolis, Minnesota. With a team of 27 dedicated individuals, this nonprofit organization is committed to fostering thoughtful and innovative contemporary literature. They actively seek out works that engage with contemporary issues and underrepresented voices in the publishing industry, and in 2022, they acquired 24 new manuscripts. Graywolf Press has garnered recognition for its exceptional publishing program, with titles such as "Frank: Sonnets" by Diane Seuss winning the Pulitzer Prize for Poetry, and "Yellow Rain" by Mai Der Vang being a finalist for the same prize. Moreover, their publications have also been recognized with nominations for the Booker Prize and the National Book Award for Poetry. Graywolf Press's mission is to champion outstanding writers at various stages of their careers, ensuring a diverse range of voices can be discovered and appreciated in a crowded marketplace. The organization believes that literature enriches the reader's spirit and contributes to broader culture, and as such, it invests in meticulous editing, compelling design, and creative promotion to support these works.


Official website here: www.graywolfpress.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Graywolf Press has achieved an outstanding 100% rating from Charity Navigator, which reflects its exemplary accountability and finance practices. This score is derived entirely from its Accountability & Finance metrics, indicating strong governance and transparency in its operations. The organization boasts a fully independent board and has consistently met high standards in its financial oversight and policy transparency.

The nonprofit's financial health is robust, with an impressive program expense ratio of 82.05%, suggesting that a significant portion of its funding goes directly towards its mission-related activities. Additionally, its liabilities-to-assets ratio of 18.38% indicates a healthy balance sheet, ensuring that the organization is well-positioned to sustain its activities without over-leveraging itself.

While the data does not highlight any notable limitations, the comprehensive policies in place—such as conflict of interest and whistleblower protections—demonstrate Graywolf Press's commitment to ethical practices. Overall, its perfect rating underscores the organization's dedication to responsible management and the effective use of resources in advancing its literary and cultural initiatives.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Graywolf Press?

90% of 220 reviewers on Facebook recommend Graywolf Press. Here is a summary of their reviews:

Many individuals appreciate the supportive environment that Graywolf Press provides for writers. Reviewers express that it serves as a wonderful platform for sharing ideas and fostering growth among emerging authors. The sense of community that the nonprofit cultivates is routinely highlighted as a valuable aspect for personal and professional development in writing.

Overall, there is a strong sentiment of satisfaction among users, as they feel the organization effectively meets its mission to encourage and elevate writers. The positive sharing experiences are indicative of the impact this nonprofit has within the literary community.


This AI summary has been generated from reviews found on Facebook.

Is Graywolf Press legitimate?

Graywolf Press is a legitimate nonprofit organization registered as a 501(c)(3) entity. Graywolf Press 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: $170,382
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,230,607

For more financial information, click here


Official website here: www.graywolfpress.org

What is the mission statement of Graywolf Press?

Graywolf Press is a prominent independent publisher dedicated to promoting contemporary literature. Their mission is to discover and vigorously publish twenty-first century American and international literature, championing talented writers at various stages of their careers. They aim to provide adventurous readers with access to underrepresented and diverse voices, recognizing the importance of literature in nourishing the reader's spirit and enriching broader culture. This is achieved through meticulous editing, compelling design, and innovative promotion, ensuring that literature is supported effectively.


Official website here: www.graywolfpress.org

Who is the CEO of Graywolf Press?

Carmen Smith is the Chair of Graywolf Press.


Official website here: www.graywolfpress.org

What is the revenue of Graywolf Press?

Graywolf Press's revenue in 2022 was $3,376,814.


Official website here: www.graywolfpress.org

Who are the executives of Graywolf Press and what are their salaries?

The average compensation at Graywolf Press during 2022 was $51,888. There are 27 employees and 20 volunteers at Graywolf Press.


Here are 23 key members and their salaries:


Cathy Polasky (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milo Cumaranatunge (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Koosmann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Berman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Birkeland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Boe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Childs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Keeley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Kirwan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aimee Lagos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maura Rainey Mccormack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Mcmillan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Pierce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shahina Piyarali (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Short (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winifred Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Stone (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramona Advani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fiona Mccrae (Executive Director (January-July))
  • Compensation: $68,600
  • Related: $0
  • Other: $28,759
Carmen Smith (Executive Director (August-December))
  • Compensation: $68,692
  • Related: $0
  • Other: $4,331
Katharine Fischbach (Associate Publisher)
  • Compensation: $109,874
  • Related: $0
  • Other: $4,377


Official website here: www.graywolfpress.org

Where can I find the form 990 for Graywolf Press?

Graywolf Press's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.graywolfpress.org

Learn more at the official website: www.graywolfpress.org

Mission Statement of Graywolf Press

Graywolf Press, a distinguished independent publisher, is devoted to the creation and dissemination of thought-provoking and imaginative contemporary literature. Their mission is twofold: firstly, they are committed to discovering and publishing outstanding writers at various stages of their careers. This endeavor ensures that adventurous readers can access a wide array of underrepresented and diverse voices in a competitive marketplace. Secondly, Graywolf Press believes that works of literature have the power to nourish the reader's spirit and enrich broader culture. To achieve this, they employ meticulous editing, compelling design, and innovative promotion strategies to support these literary works. By doing so, they aim to ensure that these literary gems reach a wide audience and contribute significantly to the cultural landscape.

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Impact




July, 2024

Graywolf Press has had a significant impact on the literary world by dedicatedly seeking out singular works that engage with contemporary issues and amplify voices that are often marginalized in mainstream publishing. The press's commitment to publishing thoughtfully crafted, imaginative literature has earned it numerous accolades and recognition, including prestigious awards like the Pulitzer Prize and the Booker Prize. By championing outstanding writers and nurturing diverse voices, Graywolf Press plays a vital role in enriching literary culture and providing readers with access to unique and underrepresented perspectives.




This information is meant to be a general summary of Graywolf Press. 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.

Revenue
$3,376,814 (2022)
Expenses
$4,079,101 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $40,247
  • Program Service Revenue: $255,129
  • Gross Receipts: $4,473,816

Assets and Liabilities:

  • Total Assets: $6,102,830
  • Total Liabilities: $1,334,643
  • Net Assets: $4,768,187

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RIGHTS REVENUE

Revenue

$255,129

Organization Details

Founding Year

1974

Principal Officer

Carmen Smith

Main Address

212 THIRD AVENUE N 485, MINNEAPOLIS, MN, 55401

NTEE Category

Code: A33Z - Arts

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