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Filing year 2024

LYRIC FOUNDATION INC FOR TRADITIONAL POETRY

Los Angeles, California·EIN 13-6095791·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$55k
Total assets
$50k
Total expenses
$66k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California.

President/treasurer
Board President
Below 10th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LYRIC FOUNDATION INC FOR TRADITIONAL POETRY equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$61k

Itemized grants

14

Median grant

$3k

RecipientLocationPurposeAmount
LYRIC LITERARY ARTSSAVANNAH, GATO SUPPORT PUBLICATION OF THE LYRIC MAGAZINE AND POETRY CONTEST PRIZES$20k
ENGAGE GLOBALLYASHEVILLE, NCTO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$6k
POETRY SOCIETY OF AMERICABROOKLYN, NYTO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$5k
STUDENT ACTION WITH FARMWORKERSDURHAM, NCTO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$5k
ALEXANDRIA HOUSELOS ANGELES, CATO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$5k
FISHER CENTER FOR ALZHEIMERS RESEARCHNEW YORK, NYTO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$3k
CHESAPEAKE MULTICULTURAL RESOURCE CENTEREASTON, MDTO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$3k
CALIFORNIA POETS IN THE SCHOOLSSANTA ROSA, CATO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$3k
NORCAL RESISTSACRAMENTO, CATO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$3k
CHESAPEAKE BAY FOUNDATIONANNAPOLIS, MDTO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$2k
TALBOT INTERFAITH SHELTEREASTON, MDTO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$2k
826 LALOS ANGELES, CATO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$2k
DEMOCRACY FORWARDWASHINGTON, DCTO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$1k
CARECENLOS ANGELES, CATO SUPPORT THE ORGANIZATION'S GENERAL TAX EXEMPT PURPOSES$1k
Compare this foundation's grantees
Pay for the position

Board President pay rose 10% from 2023 to 2024, while revenue fell 16%.

$2k in 2023 to $2k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

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

FAQ

Common questions about LYRIC FOUNDATION INC FOR TRADITIONAL POETRY

What does the Board President of LYRIC FOUNDATION INC FOR TRADITIONAL POETRY earn?

In 2024, the Board President of LYRIC FOUNDATION INC FOR TRADITIONAL POETRY received $2,300 in total compensation. This pay is in the bottom 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in California: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board President pay at LYRIC FOUNDATION INC FOR TRADITIONAL POETRY compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California, the 2024 pay of the Board President at LYRIC FOUNDATION INC FOR TRADITIONAL POETRY falls in the bottom 10%. In 2024, the highest total compensation at LYRIC FOUNDATION INC FOR TRADITIONAL POETRY equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LYRIC FOUNDATION INC FOR TRADITIONAL POETRY's revenue and expenses?

In 2024, LYRIC FOUNDATION INC FOR TRADITIONAL POETRY reported $55k in total revenue and $66k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.