Overview
What is Lyrasis?
Lyrasis is a community-backed nonprofit organization based in Atlanta, Georgia. With over 80 years of experience, its mission is to ensure lasting access to academic, scientific, and cultural heritage for archives, libraries, museums, and research communities. Lyrasis offers a range of technologies, services, and special programs specifically designed for knowledge professionals. They bring together over 2000 collections-holding organizations globally for collaboration, innovation, and scaling their efforts. The organization, which employs 83 people, distributes library products and services supplied by vendors to its member institutions.
Official website here: www.lyrasis.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Lyrasis has received a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The organization scored particularly well in areas such as having a majority of independent board members and a robust audit and oversight committee, indicating strong governance practices. Their program expense ratio is impressively high at 94.65%, showcasing effective allocation of resources towards their mission.
The organization demonstrates a thorough approach to transparency, with policies for conflict of interest and whistleblower protections clearly listed. Additionally, they have successfully documented board meeting minutes and made their tax forms accessible on their website, further reinforcing their commitment to accountability.
While Lyrasis shows significant strengths in governance and financial management, the rating is solely based on their accountability and finance beacon scores. Future assessments could provide a more rounded view by including other aspects of performance and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Lyrasis legitimate?
Lyrasis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyrasis submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $448,133
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,918,223
For more financial information, click here
Official website here: www.lyrasis.org
What is the mission statement of Lyrasis?
Lyrasis is a community-driven non-profit organization with a mission to ensure lasting access to shared academic, scientific, and cultural heritage for archives, libraries, museums, and research communities. With over 80 years of experience, Lyrasis provides technologies, services, and specialized programs tailored to knowledge professionals. The organization brings together more than 2000 collections-holding institutions globally, fostering collaboration, innovation, and scale in the preservation and accessibility of valuable knowledge.
Official website here: www.lyrasis.org
Who is the CEO of Lyrasis?
Robert Miller is the CEO of Lyrasis The CEO's salary of Lyrasis is $210,853 and their total compensation is $210,853.
Official website here: www.lyrasis.org
What is the revenue of Lyrasis?
Lyrasis's revenue in 2024 was $129,673,975.
Official website here: www.lyrasis.org
Who are the executives of Lyrasis and what are their salaries?
The average compensation at Lyrasis during 2024 was $110,280. There are 94 employees at Lyrasis.
Here are 19 key members and their salaries (Lyrasis's CEO's salary is $210,853 and their total compensation is $210,853):
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- Compensation: $218,939
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- Compensation: $194,258
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- Compensation: $193,456
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- Compensation: $177,469
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- Compensation: $176,351
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- Other: $15,122
- Compensation: $210,853
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- Other: $0
Official website here: www.lyrasis.org
Where can I find the form 990 for Lyrasis?
Lyrasis's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lyrasis.org
Learn more at the official website: www.lyrasis.org
Mission Statement of Lyrasis
Lyrasis, a community-supported non-profit organization, is dedicated to ensuring lasting access to academic, scientific, and cultural heritage for archives, libraries, museums, and research communities. With over 80 years of experience, Lyrasis provides technologies, services, and specialized programs tailored to knowledge professionals. Their mission is to unite more than 2000 collections-holding organizations worldwide, fostering collaboration, innovation, and scale.
At the heart of Lyrasis' mission lies the commitment to preserve and make accessible our shared academic, scientific, and cultural heritage. Through their extensive expertise, they create and offer solutions designed specifically for archives, libraries, museums, and research institutions. By bringing these organizations together, Lyrasis facilitates the exchange of knowledge and resources, empowering each institution to thrive in their individual missions. Their long-term vision is to build a sustainable and robust infrastructure that supports the needs of these vital communities.
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Impact
October, 2024
Lyrasis plays a transformative role in the accessibility and preservation of academic, scientific, and cultural heritage. Through its extensive network, comprising over 2,000 collection-holding organizations globally, Lyrasis fosters collaboration and innovation among libraries, archives, and museums. This community-driven approach empowers knowledge professionals with tailored technologies and services, enhancing their ability to effectively manage and share their resources.
With more than 80 years of experience, Lyrasis facilitates enduring access to invaluable collections that hold significant cultural and historical importance. By providing essential support, Lyrasis not only helps institutions optimize their operations but also strengthens the broader research community, ensuring that vital information remains available for future generations. This impact extends across various education sectors, promoting a richer understanding of our collective heritage and encouraging lifelong learning.
This information is meant to be a general summary of Lyrasis. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,001,945
- Program Service Revenue: $121,674,544
- Gross Receipts: $153,403,408
Assets and Liabilities:
- Total Assets: $66,227,592
- Total Liabilities: $50,783,619
- Net Assets: $15,443,973
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIBRARY SERVICES
Revenue
$117,096,281
OCLC SERVICES
Revenue
$2,941,308
MEMBERSHIP DUES
Revenue
$1,404,569
CONSULTING
Revenue
$210,951
PROJECT SERVICES
Revenue
$14,325
Organization Details
Founding Year
1936
Principal Officer
John Wilkin
Website
www.lyrasis.orgNTEE Category
Code: B70C - Education
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