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Filing year 2023

THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA

New York, New York·EIN 13-2986916·NTEE A76Z · Arts, Culture & Humanities·501(c)(3)
Total revenue
$6.1M
Total assets
$37.5M
Total expenses
$6.7M
Reported officers
24
Mission

THE MISSION OF THE LIBRARY OF AMERICA IS TO FOSTER GREATER APPRECIATION FOR OUR NATION'S LITERARY HERITAGE BY PUBLISHING, AND KEEPING PERMANENTLY IN PRINT, AUTHORITATIVE EDITIONS OF AMERICA'S BEST AND MOST SIGNIFICANT WRITING.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in New York.

President & Publisher
Above 90th percentile
$325k
$365k
Base
$306k
Bonus
Other
$618
Benefits
$3k
Vice President & CFO
75th to 90th percentile
$274k
$308k
Base
$204k
Bonus
Other
$792
Benefits
$58k
Editorial Director
Highest Compensated Employee
Median to 75th percentile
$192k
$216k
Base
$153k
Bonus
Other
Benefits
$31k
Dir. of Institutional Adv.
Highest Compensated Employee
Median to 75th percentile
$183k
$205k
Base
$147k
Bonus
Other
Benefits
$28k
Dir. of Prod. & Consumer
Highest Compensated Employee
25th percentile to median
$147k
$165k
Managing Editor
Highest Compensated Employee
10th to 25th percentile
$129k
$145k
Secretary
Officer (Unspecified)
$18k
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
5%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 2%
from 2022

From $319k in 2022 to $325k in 2023.

$319k
2022
$325k
2023
In today's dollarsEst.
Down 2% in real terms$372k to $365k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 2%.

$319k in 2022 to $325k in 2023.
  • Highest Compensated Employee pay rose 4% from 2022 to 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 THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA

What does the Chief Executive Officer of THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA earn?

In 2023, the Chief Executive Officer of THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA received $324,999 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in New York, the 2023 pay of the Chief Executive Officer at THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA falls in the top 10%. In 2023, the highest total compensation at THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA's revenue and expenses?

In 2023, THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA reported $6.1M in total revenue and $6.7M in total expenses on its IRS Form 990.

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