EIN 13-2986916

The Library of America

IRS 501(c) type
501(c)(3)
Num. employees
21
Year formed
1979
Most recent tax filings
2023-06-01
Description
The Library of America was founded in 1979 with a mission to preserve and publish America's best and most significant writing in durable editions. Its goal is to foster greater appreciation for the nation's literary heritage by keeping authoritative editions of essential works permanently in print. The organization's stated purpose is to assure access by the general public to important works of the American literary and historical tradition, thereby preserving the country's past through its literary and historical achievements. Its headquarters are located in New York, NY.
Also known as...
The Literary Classics of the Us; Literary Classics of the United States; Literary Classics of the Us
Total revenues
$5,975,822
2023
Total expenses
$6,101,128
2023
Total assets
$35,285,749
2023
Num. employees
21
2023

Program areas at The Library of America

The main focus of The organization's stated exempt purpose is to assure access by The general public to essential works of The american Literary and historical tradition in order to preserve The american past through its Literary and historical achievements. All of The activities of The organization relate to one program, this program is known as The Library of America. The mission is carried out by compiling, editing and publishing inexpensively priced and textuallyaccurate editions of America's best and most significant writings of The past. The books are distributed to libraries, educational institutions, book stores, and directly to individuals, thus making them widely available to scholars, educators, students, and The entire general public. To date, The Library of America has published in excess of 500 volumes of literature, poetry, and anthologies, and, on average, ten new volumes are added annually. Most of The works are keptpermanently in print in order to assure continued access for future generations. The exact number of people who have been provided access to otherwise unavailable works of our greatest american authors through The efforts of The Library of America is not known. However, over 3,500 libraries with very limited resources have acquired The works from this program, and approximately 300,000 volumes are distributed annually to The general public, either directly or through bookstores. To date over thirteen million volumes have been printed and distributed. It is estimated that tens of millions of people have been provided access to these essential works of american literature through The activities carried on by The Library of America.

Who funds The Library of America

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Melanie and Matthew McLennan FoundationGeneral Support$150,000
The Melanie and Matthew McLennan FoundationGeneral Support$150,000
The Sidney J Weinberg JR FoundationPreserve Nation's Literary Heritage By Publishing$150,000
...and 25 more grants received totalling $911,057

Personnel at The Library of America

NameTitleCompensation
Daniel BakerVice President and Chief Financial Officer$199,674
Caroline HornDirector of Institutional Advancement
Matthew ParrDirector of Production
John KulkaEditorial Director$148,444
Carol M EinhornDirector of Institutional Adv. / Director of Institutional Advancement$144,792
...and 9 more key personnel

Financials for The Library of America

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,454,518
Program services$0
Investment income and dividends$502,470
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-11,201
Net income from gaming activities$0
Net income from sales of inventory$3,028,966
Miscellaneous revenues$1,069
Total revenues$5,975,822

Form 990s for The Library of America

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-08990View PDF
2022-062023-05-15990View PDF
2021-062022-07-11990View PDF
2020-062021-05-20990View PDF
2019-062020-10-16990View PDF
...and 9 more Form 990s
Data update history
August 10, 2024
Received grants
Identified 6 new grant, including a grant for $75,000 from The John Logan Foundation
July 20, 2024
Updated personnel
Identified 1 new personnel
July 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 10 new grant, including a grant for $150,000 from The Melanie and Matthew McLennan Foundation
December 24, 2023
Received grants
Identified 2 new grant, including a grant for $25,000 from Ambrose Monell Foundation
Nonprofit Types
Libraries and archivesArts, culture, and humanities nonprofitsMedia and communications organizationsCharities
Issues
Arts, cultural, and humanitiesCommunity improvementBusiness and industry
Characteristics
Fundraising eventsState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
14 E 60th St
New York, NY 10022
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
loa.org/ 
Phone
(212) 308-3360
Facebook page
libraryofamerica 
Twitter profile
@libraryamerica 
IRS details
EIN
13-2986916
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A03: Arts, Culture and Humanities Professional Societies and Associations
NAICS code, primary
51912: Libraries and Archives
Parent/child status
Independent
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