Lyrasis
Lyrasis reported $136.0 million in revenue and $137.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $94.54 went to program services, $5.46 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.9% of the total. The highest compensation it reported for one person was $362,285 (CEO). 48 people received more than $100,000 in reportable compensation. Revenue rose 74% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $138MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $136MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 97.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $362,285 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.26% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 48 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 11 of 12 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseLyrasis creates and sustains technologies, services and programs that are uniquely designed to help libraries, archives, museums and research organizations access and share their vital collections, data and knowledge. The organization helps community members be more efficient, effective and impactful to the communities they serve.lyrasis is a leader in open technologies, hosting, data-migration, content licensing, and community supported software programs for libraries, archives, museums and research organizations worldwide.lyrasis negotiates best-in-class group license agreements and more…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Director/trustee, officer, 40.00 hrs/week | $334,815 | $0 | $27,470 | $362,285 |
| SR. DIRECTOR, EBOOKS/CE Key employee, 40.00 hrs/week | $222,382 | $0 | $29,903 | $252,285 |
| CFO Officer, 40.00 hrs/week | $228,833 | $0 | $20,052 | $248,885 |
| CHRO Key employee, 40.00 hrs/week | $207,783 | $0 | $36,420 | $244,203 |
| COO Key employee, 40.00 hrs/week | $215,842 | $0 | $19,942 | $235,784 |
| TREASURER Key employee, 40.00 hrs/week | $198,867 | $0 | $27,014 | $225,881 |
| SR. DIRECTOR, CONTENT/SCI Key employee, 40.00 hrs/week | $177,650 | $0 | $32,273 | $209,923 |
| SR. DIRECTOR, OUTREACH/ENGAGEMENT Key employee, 40.00 hrs/week | $178,115 | $0 | $27,225 | $205,340 |
48 people received more than $100,000 in reportable compensation from Lyrasis (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5100
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| RSM US LLP Consulting services | $1,098,032 |
| UNLIMITED LISTENS LLC Audiobook services | $207,570 |
| LENOX TOWERS LP Real estate | $159,454 |
| CHICAGO REVIEW PRESS IPG Publishing services | $116,246 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Lyrasis totaling $1.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Lyrasis's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lyrasis, you can publish a response that is linked from this page.
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Of every $100 Lyrasis spent in FY2025, $94.54 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Year UpBoston, MA · revenue $136M · programs 79.7% · 2025
- University of Mary Hardin-BaylorBelton, TX · revenue $136M · programs 92.3% · FY2025
- New York Medical CollegeValhalla, NY · revenue $136M · programs 75.6% · FY2025
- Seattle Pacific UniversitySeattle, WA · revenue $136M · programs 88.8% · FY2025
- California State University Fresno FoundationFresno, CA · revenue $135M · programs 83.5% · FY2025
Questions people ask
How much of Lyrasis's spending goes to programs?
In the fiscal year ending June 30, 2025, Lyrasis reported that 94.5% of its $137.8 million in expenses went to program services, 5.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Lyrasis pay its top executive?
The largest total compensation Lyrasis reported for one person in the fiscal year ending June 30, 2025 was $362,285, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lyrasis get its money?
Of $136.0 million in revenue in the fiscal year ending June 30, 2025, 1.1% came from contributions and grants and 97.9% from program service revenue (Form 990, Part VIII).
Is Lyrasis a registered charity?
The IRS lists EIN 23-1365979 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621319349304802 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511069349301006 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401359349302785 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349305709 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201319349305180 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120849349301657 · read the filing
All filings for EIN 23-1365979: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.