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.
Public Charity
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, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.2M in revenue, $6.3M in expenses, $39.6M in total assets. 32 publicly reported grants to this organization, totaling roughly $2.4M, appear in IRS filings.
EIN: 132986916
NEW YORK, NY
Arts, Culture & Humanities
NTEE: A
Latest filing: 2025
Total Revenue$6.2M
Total Expenses$6.3M
Total Assets$39.6M
Grant Records32
Funding Total$2.4M
Filing Years2021–2025
Where $100 goes at The Literary Classics of the US Inc D/B/a Library of America
How The Literary Classics of the US Inc D/B/a Library of America divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$68
Programs
the work itself
$20
Management
running the organization
$12
Fundraising
raising the next dollar
Inside the $68 for programs
$68
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…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FOR A FELLOWSHIP PROGRAM.
$278,000
Arts & Culture
$200,000
For grant recipient's exempt purposes
$163,580
FOR PROGRAM SUPPORT.
$100,000
FOR PROGRAM SUPPORT.
$75,000
Showing up to 5 of 32 total records — full history available with membership.
Officers & Directors
DIRECTOR
Adam Gopnik
DIRECTOR
Alan M Klein
DIRECTOR
Amor Towles
DIRECTOR
Amy Davidson Sorkin
DIRECTOR
Benito Cachinero-Sanchez
ASSOCIATE PUBLISHER
Brian Mccarthy
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $6.2M | $6.3M | $39.6M |
| 2024 | $6.1M | $6.7M | $37.5M |
| 2023 | $6.0M | $6.1M | $35.3M |
| 2022 | $6.7M | $6.2M | $30.4M |
| 2021 | $7.8M | $6.7M | $32.5M |
Between 2021 and 2025, reported annual revenue declined from $7.8M to $6.2M (-20%), with total assets most recently reported at $39.6M.
Interactive year-over-year charts and full filing details available with membership.