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Filing year 2023

LIBRARY OF MICHIGAN FOUNDATION

Lansing, Michigan·EIN 38-2611742·NTEE B80 · Education·3
Total revenue
$213k
Total assets
$2.7M
Total expenses
$209k
Reported officers
14
Mission

TO PROMOTE, ADVOCATE, AND CONSISTENTLY WORK TO ACHIEVE THE HIGHEST LEVEL OF LIBRARY SERVICE TO THE STATE OF MICHIGAN AND ITS RESIDENTS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Executive Director/chief Development
Director (Operational)
25th percentile to median
$100k
$110k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LIBRARY OF MICHIGAN FOUNDATION equaled 48% of the organization's total expenses. The median for education organizations is 6%.

This organization (2023)
48%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 6%
from 2022

From $107k in 2022 to $100k in 2023.

$107k
2022
$100k
2023
In today's dollarsEst.
Down 10% in real terms$122k to $110k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Director (Operational) pay fell 6% from 2022 to 2023, while revenue rose 5%.

$107k in 2022 to $100k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LIBRARY OF MICHIGAN FOUNDATION

What does the Director (Operational) of LIBRARY OF MICHIGAN FOUNDATION earn?

In 2023, the Director (Operational) of LIBRARY OF MICHIGAN FOUNDATION received $99,591 in total compensation. This pay is below the median (the midpoint) for Director (Operational) roles among Education organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at LIBRARY OF MICHIGAN FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Director (Operational) at LIBRARY OF MICHIGAN FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at LIBRARY OF MICHIGAN FOUNDATION equaled 48% of the organization's total expenses. The median for education organizations is 6%.

What are LIBRARY OF MICHIGAN FOUNDATION's revenue and expenses?

In 2023, LIBRARY OF MICHIGAN FOUNDATION reported $213k in total revenue and $209k in total expenses on its IRS Form 990.

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