New York · Nonprofit
THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA
THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA (New York) receives grants from 75 organizations whose IRS filings report $7,772,282 to it, the largest being THE SIDNEY J WEINBERG JR FOUNDATION ($1,250,000). 37 of them have funded it in more than one year.
- Revenue FY2025
- $6.2M
- Funders on record
- 75
- Grants received
- $7.8M
- Net assets
- $35M
What The Literary Classics of the US Inc D/B/A Library of America does
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.
As stated on its FY2025 Form 990.
Program
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…
$4,379,563 spent$2,900,622 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $4,379,563.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $27M to $32M (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 7% · 2025 7%. Grants only. Government contracts and fees sit inside program revenue.
43% of THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Elizabeth W Smith
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 17 funders to 28 funders, grant income rose $103k → $1.4M.
8 of 75 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA’s funders (the co-funder graph). Top 30 of 75 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA has a broad base — no single funder exceeds 16% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
31% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA.
Largest funder’s share by year: 2017 53% · 2018 48% · 2019 37% · 2020 22% · 2021 34% · 2022 24% · 2023 35% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
33% of THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA's funders are still giving 3 years after their first grant; 49% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
70% of THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.2M arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA is better cushioned than half of the 3,230 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025
Government funding THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.3M on record.
- National Endowment for the Humanities$1.3M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
69% of spending goes to programs.
Governance
Public support
91%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA?
- THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA (New York) receives grants from 75 organizations whose IRS filings report $7,772,282 to it, the largest being THE SIDNEY J WEINBERG JR FOUNDATION ($1,250,000). 37 of them have funded it in more than one year.
- How many funders does THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA have?
- IRS filings report 75 organizations giving $7,772,282 in grants to THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA, 37 of which have funded it in more than one year.
- Who is the largest funder of THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA?
- THE SIDNEY J WEINBERG JR FOUNDATION is the largest funder on record, with $1,250,000 in grants. The full list of funders is on this page.
- How can an organization like THE LITERARY CLASSICS OF THE US INC D/B/A LIBRARY OF AMERICA find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Literary Classics of the US Inc D/B/A Library of America →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 75 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing