The Literary Arts Emergency Fund has released a report on the “state of the literary arts field in the U.S,” concluding that nonprofits and publishers are underfunded, yet provide great value to the literary world. The organization–made up of the Academy of American Poets, the Community of Literary Magazines & Presses, and the National Book Foundation–collaborated with marketing research firm WolfBrown to analyze 2021 applications to the Fund. Backed by the Mellon Foundation, the fund distributed $7.8 million to 376 nonprofit literary arts organizations in two cycles. The study included 410 nonprofit literary organizations and publishers that applied to the […]