Nonprofit · EIN 13-2986916
LITERARY CLASSICS OF THE UNITED STATES INC
Also known as DBA THE LIBRARY OF AMERICA
Tax-exempt · NEW YORK, NY 10022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,204,052 | $6,345,591 | -$141,539 | $39,645,339 | $4,422,049 | $35,223,290 |
| June 30, 2024 | 990 | $6,077,874 | $6,652,313 | -$574,439 | $37,499,151 | $4,610,583 | $32,888,568 |
| June 30, 2023 | 990 | $5,975,822 | $6,101,128 | -$125,306 | $35,285,749 | $4,680,475 | $30,605,274 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,689,798
- of which government grants
- $436,065
- Program service revenue
- $0
- Investment income
- $613,632
- Net income from sales of inventory
- $2,860,317
- Other revenue
- $2,900,622
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $620,830
- Other salaries and wages
- $1,539,641
- Salaries, compensation and benefits (total)
- $2,674,567
- Professional fundraising fees
- $0
- Occupancy
- $427,520
- Travel
- $23,330
- Depreciation
- $9,982
- Program services (functional)
- $4,379,563
- Management and general (functional)
- $1,271,032
- Fundraising (functional)
- $694,996
Balance sheet and other
- Total assets, start of year
- $37,499,151
- Total assets, end of year
- $39,645,339
- Total liabilities, end of year
- $4,422,049
- Net assets, end of year
- $35,223,290
- Land, buildings and equipment
- $23,475
- Publicly traded securities
- $25,282,482
- Net assets without donor restrictions
- $15,500,726
- Net assets with donor restrictions
- $19,722,564
- Gross receipts
- $8,875,609
- Employees
- 21
- Volunteers
- 50
- Year formed
- 1979
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAX RUDIN | PRESIDENT & PUBLISHER Officer | 50 | $303,863 | $19,475 |
| DANIEL BAKER | VICE PRESIDENT & CFO Officer | 50 | $207,251 | $68,039 |
| JOHN KULKA | EDITORIAL DIRECTOR Highest-paid employee | 50 | $151,687 | $39,101 |
| DAVID CLOYCE SMITH | DIR. OF PROD. & CONSUMER Highest-paid employee | 50 | $119,996 | $25,046 |
| BRIAN MCCARTHY | ASSOCIATE PUBLISHER Highest-paid employee | 50 | $101,828 | $37,118 |
| PATRICIA HOARD | MANAGING EDITOR Highest-paid employee | 50 | $111,780 | $6,004 |
| G THOMAS TANSELLE | SECRETARY Trustee or director, Officer | 10 | $18,000 | $0 |
| ADAM GOPNIK | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ALAN M KLEIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| AMOR TOWLES | DIRECTOR Trustee or director | 5 | $0 | $0 |
| AMY DAVIDSON SORKIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| BENITO CACHINERO-SANCHEZ | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DANIEL WEISS | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ELIHU ROSE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ELIZABETH W SMITH | CHAIR Trustee or director, Officer | 10 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDERICK W BEINECKE | DIRECTOR Trustee or director | 5 | $0 |
| HENRY LOUIS GATES JR | DIRECTOR Trustee or director | 5 | $0 |
| JOANNE FREEMAN | DIRECTOR Trustee or director | 5 | $0 |
| KATHLEEN KENNEDY | DIRECTOR Trustee or director | 5 | $0 |
| LES LEVI | DIRECTOR Trustee or director | 5 | $0 |
| MATTHEW MCLENNAN | TREASURER Trustee or director, Officer | 5 | $0 |
| MICHAEL BIERUT | DIRECTOR Trustee or director | 5 | $0 |
| MONA SIMPSON | DIRECTOR Trustee or director | 5 | $0 |
| TONY KUSHNER | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAX RUDIN | PRESIDENT & PUBLISHER Officer | 50 | $306,585 | $18,414 |
| DANIEL BAKER | VICE PRESIDENT & CFO Officer | 50 | $204,622 | $69,653 |
| JOHN KULKA | EDITORIAL DIRECTOR Highest-paid employee | 50 | $152,863 | $39,186 |
| CAROL M EINHORN | DIR. OF INSTITUTIONAL ADV. Highest-paid employee | 50 | $147,063 | $35,470 |
| DAVID CLOYCE SMITH | DIR. OF PROD. & CONSUMER Highest-paid employee | 50 | $121,087 | $25,960 |
| PATRICIA HOARD | MANAGING EDITOR Highest-paid employee | 50 | $110,194 | $18,932 |
| G THOMAS TANSELLE | SECRETARY Trustee or director, Officer | 10 | $18,000 | $0 |
| ADAM GOPNIK | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ALAN M KLEIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| AMOR TOWLES | DIRECTOR Trustee or director | 5 | $0 | $0 |
| AMY DAVIDSON SORKIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| BENITO CACHINERO-SANCHEZ | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| D RONALD DANIEL | DIRECTOR (OUTGOING) Trustee or director | 5 | $0 | $0 |
| DANIEL WEISS | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ELIHU ROSE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ELIZABETH W SMITH | CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| FREDERICK W BEINECKE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| HENRY LOUIS GATES JR | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOANNE FREEMAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| KATHLEEN KENNEDY | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MATTHEW MCLENNAN | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| MICHAEL BIERUT | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MONA SIMPSON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| TONY KUSHNER | DIRECTOR Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAX RUDIN | PRESIDENT & PUBLISHER Officer | 50 | $301,013 | $17,854 |
| DANIEL BAKER | VICE PRESIDENT & CFO Officer | 50 | $199,674 | $65,026 |
| JOHN KULKA | EDITORIAL DIRECTOR Highest-paid employee | 50 | $148,444 | $37,029 |
| CAROL M EINHORN | DIR. OF INSTITUTIONAL ADV. Highest-paid employee | 50 | $144,792 | $31,611 |
| DAVID CLOYCE SMITH | DIR. OF PROD. & CONSUMER Highest-paid employee | 50 | $119,393 | $22,990 |
| PATRICIA HOARD | MANAGING EDITOR Highest-paid employee | 50 | $108,111 | $17,246 |
| G THOMAS TANSELLE | SECRETARY Trustee or director, Officer | 10 | $18,000 | $0 |
| ADAM GOPNIK | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ALAN M KLEIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| AMOR TOWLES | DIRECTOR Trustee or director | 5 | $0 | $0 |
| AMY DAVIDSON SORKIN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ANDREW DELBANCO | DIRECTOR (OUTGOING) Trustee or director | 5 | $0 | $0 |
| BENITO CACHINERO-SANCHEZ | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| D RONALD DANIEL | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DANIEL WEISS | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ELIHU ROSE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ELIZABETH W SMITH | CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| FREDERICK W BEINECKE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| HENRY LOUIS GATES JR | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOANNE FREEMAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| KATHLEEN KENNEDY | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MATTHEW MCLENNAN | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| MICHAEL BIERUT | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MONA SIMPSON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| TONY KUSHNER | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 14 EAST 60TH STREET, NEW YORK, NY 10022-1006
- Principal officer (990 for 2024)
- MAX RUDIN, 14 EAST 60TH STREET, NEW YORK, NY 10022
- Signed the 990
- DANIEL BAKER, VP & CFO
- Phone
- (212) 308-3360
- Website
- WWW.LOA.ORG
- Return prepared by
- CBIZ ADVISORS LLC
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.
Program accomplishments
- 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 THISPROGRAM, AND APPROXIMATELY 300,000 VOLUMES ARE DISTRIBUTED ANNUALLY TO THE GENERAL PUBLIC, EITHER DIRECTLY OR THROUGH BOOKSTORES. TO DATE OVER TEN MILLION VOLUMES HAVE BEEN PRINTED AND DISTRIBUTED. IT IS ESTIMATED THAT TENS OF MILLIONS OF PEOPLE HAVE BEEN PROVIDED ACCESS TOTHESE ESSENTIAL WORKS OF AMERICAN LITERATURE THROUGH THE ACTIVITIES CARRIED ON BY THE LIBRARY OF AMERICA.Expenses $4,379,563 · revenue $2,900,622
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-2986916
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A76Z)
- Assets (IRS master file)
- $39,645,339
- Income (IRS master file)
- $8,875,609
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,204,052 | $6,345,591 | $39,645,339 | IRS |
| 990 | June 2024 | $6,077,874 | $6,652,313 | $37,499,151 | IRS |
| 990 | June 2023 | $5,975,822 | $6,101,128 | $35,285,749 | XML |
| 990 | June 2022 | $6,738,720 | $6,182,123 | $30,362,811 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-2986916).
Questions about LITERARY CLASSICS OF THE UNITED STATES INC
- What is the EIN of LITERARY CLASSICS OF THE UNITED STATES INC?
- The employer identification number (EIN) of LITERARY CLASSICS OF THE UNITED STATES INC is 13-2986916.
- Is LITERARY CLASSICS OF THE UNITED STATES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to LITERARY CLASSICS OF THE UNITED STATES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LITERARY CLASSICS OF THE UNITED STATES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LITERARY CLASSICS OF THE UNITED STATES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LITERARY CLASSICS OF THE UNITED STATES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LITERARY CLASSICS OF THE UNITED STATES INC?
- The 990 for the year ended June 30, 2025 names MAX RUDIN.
- Who are the officers and directors of LITERARY CLASSICS OF THE UNITED STATES INC?
- The 990 for the year ended June 30, 2025 lists 24 people; 7 received compensation from the organization, the highest $303,863 (MAX RUDIN, PRESIDENT & PUBLISHER).
- How much revenue does LITERARY CLASSICS OF THE UNITED STATES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,204,052, expenses of $6,345,591 and total assets of $39,645,339 at year end.
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