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California · Nonprofit

THREEPENNY REVIEW

THREEPENNY REVIEW (California) receives grants from 13 organizations whose IRS filings report $194,425 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($59,950). 11 of them have funded it in more than one year.

Revenue FY2025
$226k
Funders on record
13
Grants received
$194k
Net assets
$296k
11/13 repeat funderspeak grant-dependency 14%
01What it does

What Threepenny Review does

Mission

Production of literary magazine

As stated on its FY2025 Form 990.

Program

  1. Production of quarterly literary and cultural magazine titled The Threepenny Review. Associated with magazine are related literary activities. Magazine is available to the general public.

    $143,249 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $143,249.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($197k) Expenses 100 ($214k) Net assets 100 ($290k)2018 Revenue 90 ($177k) Expenses 98 ($208k) Net assets 89 ($258k)2019 Revenue 103 ($203k) Expenses 105 ($225k) Net assets 82 ($236k)2020 Revenue 100 ($197k) Expenses 88 ($187k) Net assets 85 ($247k)2021 Revenue 93 ($182k) Expenses 91 ($194k) Net assets 81 ($235k)2022 Revenue 112 ($220k) Expenses 86 ($184k) Net assets 94 ($271k)2023 Revenue 98 ($192k) Expenses 88 ($187k) Net assets 95 ($276k)2024 Revenue 100 ($197k) Expenses 102 ($218k) Net assets 88 ($255k)2025 Revenue 115 ($226k) Expenses 89 ($191k) Net assets 102 ($296k)
'17'18'19'20'21'22'23'24'25
Revenue (115)Expenses (89)Net assets (102)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $255k to $296k (+16%).

$290k
$258k
$236k
$247k
$235k
$271k
$276k
$255k
$296k
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$17k
’17
−$32k
’18
−$22k
’19
$11k
’20
−$12k
’21
$36k
’22
$5k
’23
−$21k
’24
$35k
’25
7.0
months of
reserve
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 5 funders, grant income fell $20k → $19k.

3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% 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 THREEPENNY REVIEW’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

THREEPENNY REVIEW has a broad base — no single funder exceeds 31% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

49% 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 THREEPENNY REVIEW.

31%
largest funder
61%
top three
~6
effective funders

Largest funder’s share by year: 2017 51% · 2018 51% · 2019 44% · 2020 64% · 2021 45% · 2022 34% · 2023 39% — 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

36% of THREEPENNY REVIEW's funders are still giving 3 years after their first grant; 85% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

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

68% of THREEPENNY REVIEW's grant income comes from California funders.

NY
MA
NJ
CA

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

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $95k arriving through sponsors registered in 3 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

Organizations like THREEPENNY REVIEW

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

75% of spending goes to programs.

Program 75%Management 20%Fundraising 5%

Governance

8
board members
75%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

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

Screen this organization

A dated, signed PDF of the compliance screen for THREEPENNY REVIEW: 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 THREEPENNY REVIEW?
THREEPENNY REVIEW (California) receives grants from 13 organizations whose IRS filings report $194,425 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($59,950). 11 of them have funded it in more than one year.
How many funders does THREEPENNY REVIEW have?
IRS filings report 13 organizations giving $194,425 in grants to THREEPENNY REVIEW, 11 of which have funded it in more than one year.
Who is the largest funder of THREEPENNY REVIEW?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $59,950 in grants. The full list of funders is on this page.
How can an organization like THREEPENNY REVIEW 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 Threepenny Review →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 13 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 22, 2026. What this page cannot tell you · view filing