McSweeney's to become nonprofit

"Now there are all these things that seem possible": Author Dave Eggers' publishing house, famed McSweeney's, announces it's becoming a nonprofit. San Francisco publishing house McSweeney’s will become a nonprofit, allowing the acclaimed small press to continue taking on projects that don’t necessarily make money, founder Dave Eggers told The Chronicle.... Founded in 1998 ostensibly as a for-profit company, McSweeney’s, Eggers said, now operates as a fiscally sponsored project of SOMArts, an independent nonprofit that runs the South of Market Cultural Center in San Francisco. As a fiscally sponsored project — which allows McSweeney’s to accept tax-deductible donations through SOMArts — the publisher will on Thursday begin asking for donations for several projects on its website, www.mcsweeneys.net." -- John McMurtrie, SFGate.com

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