In short, 90% of journals don't pay. The most a writer can expect from most literary magazines is a couple of contributor copies - provided the journal has a print version.
I have listed primarily those journals accepting simultaneous submissions. (Editors who offer a token payment, take 6 months to reply and require exclusivity are living in a dreamworld.) Exceptions are journals with a reputation, and those which offer more than a token payment.
If you submit to several journals at once, keep careful records. As soon as your story is accepted make sure to withdraw it immediately from the remaining journals, either through an email notification or directly on submittable. (If you have submitted through submittable, just click "withdraw".)
Also see: Speculative Fiction Magazines Accepting Submissions
"We publish everything from sonnets to science fiction, and we are always on the lookout for fresh work in all genres that reflects current realities of living with HIV, whether the writers or characters identify as negative or positive, as world citizens, or as members of specific diverse communities. Although A&U has published several moving and insightful accounts from the first decades of the epidemic, we are excited by work that challenges older narratives about illness and reflects instead a complex and contemporary global reality."
"The mission of The Baltimore Review is to showcase Baltimore as a literary hub of diverse writing and promote the work of emerging and established writers."
Submission periods: August 1 through November 30 and February 1 through May 31. Simultaneous submissions allowed. Payment: $40 Amazon gift certificate or $40 through PayPal, if preferred. Response time: 3 months.
"Black Denim Lit welcomes thoughtful writers, new and established. We are looking for fiction up to 7,500 words that has unique and lasting artistic merit. We may consider novelettes on a case by case basis." Genre fiction: Scifi, fantasy, mysteries, thrillers.
"Blunderbuss Magazine is a web magazine of arts, culture, and politics, an ordnance of fire and improvisation. What ties together these essays, stories, poems, photographs, comics, and other bits of aesthetic shrapnel is a common attitude of visceral humanism. We aim for earnest noise. We want to splash in the mud of lived experience, to battle for a radical empathy, and to provide a megaphone to howling assertions of human subjectivity."
"Buffalo Almanack considers fiction of all styles and genres. We neither discriminate against the traditional nor the experimental, neither the “literary” nor the fantastic. Our interest in domestic micro-fiction is as great as our interest in space-travel novellas and we’ll always save a seat for the remarkable and unexpected."
"At carte blanche we believe there is more than one way to tell a story. Our mandate is to provide a venue for narrative of all forms from fiction and nonfiction, to poetry and photo essays. carte blanche is published three times a year in the winter, spring/summer, and fall. carte blanche is a volunteer, not-for-profit literary project published by the Quebec Writers’ Federation, with support from the Canada Council for the Arts and individual sponsors.
"Contrary is a quarterly literary journal that publishes commentary, fiction, and poetry and especially specimens that defy those categories. Founded at the University of Chicago in 2003, it operates independently on the South Side of Chicago and publishes writers from throughout the world."
"Falling Star Magazine is a print quarterly featuring short fiction, poetry and art of all mediums. Founded in Winter 2000, Falling Star presents work from the world's emerging writers and established literary voices; recent contributors hail from Michigan and Poland, L.A. and the U.K."
"The Fiction Desk publishes a range of short stories from new and emerging authors, with a focus on strong plots and characters. We're based in the UK, but we accept submissions from authors around the world."
"freeze frame fiction is a quarterly flash fiction publication. The idea: any genre, no content restrictions—just good flash fiction. freeze frame fiction is looking for stories that stick with you, despite how short they are. We want to showcase just how powerful flash fiction can be. We want developed characters and interesting plots. One thing we're not looking for is vignettes: all stories must be complete stories, even if the ending is left open to the reader's interpretation."
"We have a special focus on emerging writers, holding the Short Story Award for New Writers four times a year. In a recent Best American Short Stories, of the top "100 distinguished short stories," six appeared in Glimmer Train Stories, second only to the New Yorker. We are pleased to say that, of those six, two were those authors' first stories accepted for publication. Every year we pay writers over $50,000, nearly a third of that going to new writers."
Submission period: May, September, January. Simultaneous submissions allowed. Payment: $700. Response time: 3 months. Charges $2 to submit.
Journal of Compressed Creative Arts
"The Journal of Compressed Creative Arts is looking for, as you might guess, "compressed creative arts." We accept fiction, creative nonfiction, poetry, mixed media, visual arts, and even kitchen sinks, if they are compressed in some way. Work is published weekly, without labels, and the labels here only exist to help us determine its best readers."
Submission period: Until July 15. Simultaneous submissions allowed. Payment: $50. Response time: 1-3 days.
Kansas City Voices
"There is no “type” of work we are looking for, and while we would love for you to read through our previous issues, it is not an indicator of what kind of work we actively seek. Our editors rotate, our tastes evolve, and good work is just good work. We want to feel something when we encounter a piece. We want to be excited, surprised, thoughtful, and interested. We want to have a reaction. We want to share the best voices we find. Send us that one."
Submission period: All year. Simultaneous submissions allowed. Payment: Small. Response time: 3-6 months.
"The editors of LONTAR are looking for quality literary writing with elements of the fantastic, which is in some way connected with the cultures, traditions, mythologies, folk religions, and/or daily life in Southeast Asia. While we are happy to look at works by writers outside of the region, we want to actively encourage Southeast Asian writers to submit your work." Located in Singapore.
Submission period: All year. Simultaneous submissions allowed. Payment: $25 SGD per story (or $10 SGD per poem). Response time: 3-6 months.
"Our New Voices category is open year round to any new or emerging author who has not published a work of fiction or narrative nonfiction of novel length. Authors with short story collections are free to submit."
"We seek work that is beautiful, shocking, intense and memorable. Darker pieces are generally favoured over humorous ones - as are free verse poems over those that rhyme. Genre work is welcome, experimentation is encouraged. There are no limits on form or word count."
The Pedestal Magazine
"As editors of The Pedestal Magazine, we intend to support both established and burgeoning writers. We are committed to promoting diversity and celebrating the voice of the individual."
Submission period: See guidelines for schedule. Simultaneous submissions allowed. Payment: $40 per poem, $.03 cents per word for flash fiction. Response time: 4-8 weeks.
"Punchnel’s is a general-interest web magazine written for a smart, discerning audience of adults around the world. We publish continually, with new material appearing every weekday. We don’t have a specific editorial focus. We buy what we like."
"The Puritan is an online, quarterly publication based in Toronto, Ontario committed to publishing the best in new fiction, poetry, interviews, and reviews. The Puritan seeks, above all, a pioneering literature. Work featured here may push toward the symbolic frontier, challenging limitations and forging into previously unexplored aesthetic territory. But it may also revisit and revitalize traditional forms. The Puritan embraces work wherever it lands on the conceptual spectrum, so long as it is original, intelligent, and engaging."
Read Short Fiction
"Read Short Fiction is dedicated to publishing quality stories of almost all genres (we don’t publish erotica, and, as we are seeking stories designed for a large audience, we will rarely publish work that is too experimental). Word lengths should be between 1,500 and 4,000 words."
Accepts fiction, poetry, drama, art. All genres.
Still Point Arts Quarterly
"Still Point Arts Quarterly is a publication with a clear focus on art, artists, and artistry. Within this focus, the Quarterly addresses topics such as inspiration, imagination, and creativity as well as offering articles on art history, artist biographies, and art criticism. Both non-fiction and fiction are published (up to approximately 5000 words), and poetry is published on occasion."
"We’ll look at any genre. We like serious, comic, lighthearted, dark, emotional, and acerbic. The important factor for us is that the work use story, characters, emotions, and other fundamental elements of storytelling to think, to ask questions, to move the mind forward. "
"Tin House is a haven for authors at the peak of their powers and also a jumping-off point for unpublished writers and anyone taking risks, pushing form and language. We're a magazine not identified with any one region but international, drawing writers and contributing editors from all over the globe. Each issue seeks to be tantamount to an invitation to the greatest literary house party ever."
"Founded in late 2011, by Publishing Editor, Jessica Bell, Vine Leaves Literary Journal offers the vignette, a forgotten literary form, the exposure and credit it deserves. The journal, published quarterly online, is a lush synergy of atmospheric prose, poetry, photography and illustrations, put together with an eye for aesthetics as well as literary merit." 800 word max.
"Each issue of Workers Write! contains stories and poems from a particular workplace. The 12th issue will be Tales from the Construction Site and will contain stories and poems from laborers, carpenters, plumbers, welders, foremen, safety inspectors, individual contractors - anyone who builds or works in construction for a living."