McSweeney’s to seek non-profit status

US publisher McSweeney’s will seek status as a non-profit organisation from next year, reports Publishers Lunch. In a statement on its website, McSweeney’s said: ‘A nonprofit structure, with a board and members supporting our efforts alongside our staff and writers, will allow us to put new resources behind all our undertakings, and explore a number of exciting projects that, until now, were out of reach.’ McSweeney’s founder Dave Eggers said: ‘We’ve always been a hand-to-mouth operation, and every year it gets just a little harder to be an independent publisher. An independent literary title that might have sold 10,000 copies 10 years ago might sell 6,000 now, for example.’ McSweeney’s is currently run as a ‘fiscally sponsored’ project of San Francisco arts group SOMArts, and the publisher is asking for donations to fund a number of projects.

Category: International news