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California · Nonprofit

MCSWEENEY'S LITERARY ARTS FUND

MCSWEENEY'S LITERARY ARTS FUND (California) receives grants from 16 organizations whose IRS filings report $991,270 to it, the largest being THE HAWKINS PROJECT ($489,531). 6 of them have funded it in more than one year.

Revenue FY2025
$2.8M
Funders on record
16
Grants received
$991k
Net assets
$1.5M
6/16 repeat funderspeak grant-dependency 13%
01What it does

What McSweeney's Literary Arts Fund does

Mission

To support, create, and distribute to the public, non-commercial literature, including but not limited to translations, poetry, and other literary works that foster inclusivity, promote empathy and understanding, and bridge cultural divides.

As stated on its FY2025 Form 990.

Program

  1. Support, create, and distribute to the public literary work that fosters inclusivity, promotes empathy and understanding, and bridges cultural divides. Mlaf books provide an opportunity to share stories that more tightly weave the social fabric of a vast, multicultural country where individuals are isolated by geography, political or religious beliefs, class, gender, race, and sexuality. Americans live vastly different lives from one another, even when living side by side, and mlaf publications seek to bring people to a closer understanding of one another so that people may live in greater understanding of each other, and thus with greater unity among with dignity for each other.

    $2,116,798 spent$1,869,455 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $2,116,798.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($1.6M) Expenses 100 ($609k) Net assets 100 ($1.0M)2020 Revenue 63 ($1.0M) Expenses 167 ($1.0M) Net assets 102 ($1.1M)2021 Revenue 78 ($1.3M) Expenses 211 ($1.3M) Net assets 102 ($1.1M)2022 Revenue 148 ($2.4M) Expenses 326 ($2.0M) Net assets 145 ($1.5M)2023 Revenue 112 ($1.8M) Expenses 355 ($2.2M) Net assets 114 ($1.2M)2024 Revenue 163 ($2.7M) Expenses 410 ($2.5M) Net assets 132 ($1.4M)2025 Revenue 171 ($2.8M) Expenses 432 ($2.6M) Net assets 149 ($1.5M)
2019202020212022202320242025
Revenue (171)Expenses (432)Net assets (149)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.4M to $1.9M (+38%).

$1.2M
$1.4M
$1.4M
$1.9M
$1.7M
$2.0M
$2.3M
2019202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 7% · 2022 2% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

33% of MCSWEENEY'S LITERARY ARTS FUND’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$1.0M
’19
$24k
’20
−$836
’21
$441k
’22
−$319k
’23
$182k
’24
$183k
’25
1.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2019202020212022202320242025
Listed13131211121212
Joined·+0+0+0+1+0+0
No longer listed·011000
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 7 funders, grant income rose $110k → $136k.

8 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MCSWEENEY'S LITERARY ARTS FUND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MCSWEENEY'S LITERARY ARTS FUND leans on a few funders — its largest provides 49% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

96% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MCSWEENEY'S LITERARY ARTS FUND.

49%
largest funder
72%
top three
~4
effective funders

Largest funder’s share by year: 2019 91% · 2020 93% · 2021 72% · 2022 63% · 2023 44% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of MCSWEENEY'S LITERARY ARTS FUND's funders are still giving 3 years after their first grant; 38% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

MCSWEENEY'S LITERARY ARTS FUND draws 98% of its grant income from funders outside California, across 6 states in all.

MI
NY
CA
MD
DE
NC

In-state vs out-of-state, by year

’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $454k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MCSWEENEY'S LITERARY ARTS FUND runs a healthier operating margin than half of the 3,230 arts & culture nonprofits its size.

Operating margin7% · above the median
Months of reserve1.3mo · bottom quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like MCSWEENEY'S LITERARY ARTS FUND

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 19%Fundraising 1%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

81%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for MCSWEENEY'S LITERARY ARTS FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MCSWEENEY'S LITERARY ARTS FUND?
MCSWEENEY'S LITERARY ARTS FUND (California) receives grants from 16 organizations whose IRS filings report $991,270 to it, the largest being THE HAWKINS PROJECT ($489,531). 6 of them have funded it in more than one year.
How many funders does MCSWEENEY'S LITERARY ARTS FUND have?
IRS filings report 16 organizations giving $991,270 in grants to MCSWEENEY'S LITERARY ARTS FUND, 6 of which have funded it in more than one year.
Who is the largest funder of MCSWEENEY'S LITERARY ARTS FUND?
THE HAWKINS PROJECT is the largest funder on record, with $489,531 in grants. The full list of funders is on this page.
How can an organization like MCSWEENEY'S LITERARY ARTS FUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds McSweeney's Literary Arts →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing