EIN 13-2986916

The Library of America

IRS 501(c) type
501(c)(3)
Num. employees
23
Year formed
1979
Most recent tax filings
2024-06-01
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
$6,077,874
2024
Total expenses
$6,652,313
2024
Total assets
$37,499,151
2024
Num. employees
23
2024

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 450 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
New York Community TrustFor A Fellowship Program.$317,500
The Sidney J Weinberg JR FoundationGeneral Purpose$250,000
New York Community TrustFor Program Support.$110,000
...and 27 more grants received totalling $1,267,075

Financials for The Library of America

RevenuesFYE 06/2024
Total grants, contributions, etc.$2,881,421
Program services$0
Investment income and dividends$547,034
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,079
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$2,648,340
Miscellaneous revenues$0
Total revenues$6,077,874
Data update history
July 8, 2025
Posted financials
Added Form 990 for fiscal year 2024
June 30, 2025
Used new vendors
Identified 1 new vendor, including
June 28, 2025
Received grants
Identified 1 new grant, including a grant for $1,000 from The Grubb Family Foundation
January 14, 2025
Received grants
Identified 11 new grant, including a grant for $317,500 from New York Community Trust
December 29, 2024
Received grants
Identified 2 new grant, including a grant for $250,000 from The Sidney J Weinberg JR Foundation
Nonprofit Types
Libraries and archivesArts, culture, and humanities nonprofitsMedia and communications organizationsCharities
Issues
Arts, cultural, and humanitiesCommunity improvementBusiness and industry
Characteristics
State / 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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