The paper summarizes the findings of a pilot study for the National Humanities Alliance, including the methodology, research tools, analysis, and initial conclusions about the publishing business of eight association published humanities and social sciences journals in the context of a move to an open access (author/producer pays) publishing model. The eight disciplines represented by these journals are modern languages, history, religion, economics, sociology, anthropology, politics and statistics. Specific tools were developed for the study to enable like‐for‐like comparison of the journals. Detailed information on current trends in revenue, costs, and surplus is included. Significant differences between HSS and STM journals are reviewed. Open access to research articles on publication as the ‘gold’ author/producer‐pays approach would not be sustainable for this sample of HSS journals for reasons articulated in the report. Further studies using the tools and methodology developed are required to broaden and confirm these results.