Graywolf Press

Analysis

Graywolf Press is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Graywolf Press reported income of $3.3m and spending of $3.8m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.6m to $3.3m (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Graywolf Press sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include National Womens Hall of Fame ($3.3m), Childrens Museum and Theatre of Maine ($3.3m) and Utah Heritage Highway 89 Alliance ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $187k (4.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.4m against liabilities of $991k, net assets of $4.4m. It reported 23 employees.