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Nonprofiteer
← LYRASIS

Form 990 for tax year 2023

Filed by LYRASIS.

Totals

Total revenue
$129,673,975
Total expenses
$126,243,185
Contributions and grants received
$1,510,421
Grants paid
$460,106
Program service revenue
$121,674,544
Investment income
$6,489,010
Other revenue
$0
Total assets, end of year
$82,067,198
Total liabilities, end of year
$59,602,697
Net assets or fund balances, end of year
$22,464,501
Program services expenses (Part IX)
$119,647,427
Management and general expenses
$6,595,758
Fundraising expenses
$0
Program service expenses (Part III)
$119,647,427

Program services were 94.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $154,995

  • 1f · All other contributions, gifts and grants

    $1,355,426

  • 2a · Program service revenue: LIBRARY SERVICES

    total $117,096,281 · related or exempt $117,096,281

  • 2b · Program service revenue: OCLC SERVICES

    total $2,941,308 · related or exempt $2,941,308

  • 2c · Program service revenue: MEMBERSHIP DUES

    total $1,404,569 · related or exempt $1,404,569

  • 2d · Program service revenue: CONSULTING

    total $210,951 · related or exempt $210,951

  • 2e · Program service revenue: PROJECT SERVICES

    total $14,325 · related or exempt $14,325

  • 2f · All other program service revenue

    total $7,110 · related or exempt $7,110

  • 3 · Investment income

    total $1,001,945 · excluded $1,001,945

  • 7a · Gross sales of assets other than inventory

    securities $29,216,498

  • 7b · Less cost or other basis and sales expenses

    securities $23,729,433

  • 7c · Gain or loss

    securities $5,487,065

  • 7d · Net gain or loss

    total $5,487,065 · excluded $5,487,065

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $460,106 · program services $460,106

  • 5 · Compensation of officers, directors and key employees

    total $448,133 · management and general $448,133

  • 7 · Other salaries and wages

    total $9,918,223 · program services $6,731,024 · management and general $3,187,199

  • 8 · Pension plan contributions

    total $643,000 · program services $414,245 · management and general $228,755

  • 9 · Other employee benefits

    total $1,522,727 · program services $980,998 · management and general $541,729

  • 10 · Payroll taxes

    total $683,093 · program services $443,542 · management and general $239,551

  • 11b · Fees: legal

    total $32,765 · program services $13,379 · management and general $19,386

  • 11c · Fees: accounting

    total $57,700 · management and general $57,700

  • 11f · Fees: investment management

    total $96,719 · management and general $96,719

  • 11g · Fees: other

    total $1,350,716 · program services $1,196,505 · management and general $154,211

  • 12 · Advertising and promotion

    total $80,125 · program services $69,180 · management and general $10,945

  • 13 · Office expenses

    total $145,112 · program services $57,858 · management and general $87,254

  • 14 · Information technology

    total $1,066,546 · program services $635,639 · management and general $430,907

  • 16 · Occupancy

    total $150,073 · program services $660 · management and general $149,413

  • 17 · Travel

    total $498,434 · program services $279,397 · management and general $219,037

  • 19 · Conferences, conventions and meetings

    total $152,836 · management and general $152,836

  • 20 · Interest

    total $150,954 · management and general $150,954

  • 22 · Depreciation, depletion and amortization

    total $344,207 · management and general $344,207

  • 23 · Insurance

    total $74,392 · management and general $74,392

  • 24a · Other expenses: ELECTRONIC RESOURCES

    total $108,364,894 · program services $108,364,894

  • 24b · Other expenses: SOCIAL ACTIVITIES - OTH

    total $2,430 · management and general $2,430

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,322,989 · end of year $1,281,747

  • 2 · Savings and temporary cash investments

    beginning of year $37,601 · end of year $16,751

  • 3 · Pledges and grants receivable

    beginning of year $28,034 · end of year $0

  • 4 · Accounts receivable

    beginning of year $8,597,106 · end of year $8,643,341

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,488,110 · end of year $19,305,345

  • 10a · Land, buildings and equipment: cost or other basis

    $1,269,158

  • 10b · Land, buildings and equipment: accumulated depreciation

    $861,802

  • 10c · Land, buildings and equipment, net

    beginning of year $25,314 · end of year $407,356

  • 12 · Investments: other securities

    beginning of year $39,834,130 · end of year $46,487,880

  • 14 · Intangible assets

    beginning of year $5,602,507 · end of year $5,262,507

  • 15 · Other assets

    beginning of year $797,535 · end of year $662,271

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,822,222 · end of year $24,175,750

  • 19 · Deferred revenue

    beginning of year $25,763,708 · end of year $28,876,414

  • 23 · Secured mortgages and notes payable

    beginning of year $5,431,852 · end of year $485,306

  • 24 · Unsecured notes and loans payable

    beginning of year $2,666,678 · end of year $1,872,733

  • 25 · Other liabilities

    beginning of year $4,366,001 · end of year $4,192,494

  • 27 · Net assets without donor restrictions

    beginning of year $18,682,865 · end of year $22,464,501

Mission and programs · 2023

Mission

LYRASIS CATALYZES AND ENABLES EQUITABLE ACCESS TO THE WORLD'S KNOWLEDGE AND CULTURAL HERITAGE.

Activities or mission (Part I)

SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF LYRASIS' MISSION.LYRASIS CATALYZES AND ENABLES EQUITABLE ACCESS TO THE WORLD'S KNOWLEDGE AND CULTURAL HERITAGE.THE ORGANIZATION IS A COMMUNITY-SUPPORTED NON-PROFIT WHOSE MISSION IS TO SUPPORT ENDURING ACCESS TO OUR SHARED ACADEMIC, SCIENTIFIC AND CULTURAL HERITAGE FOR ARCHIVES, LIBRARIES, MUSEUMS AND RESEARCH COMMUNITIES. WITH MORE THAN 80 YEARS OF EXPERIENCE, LYRASIS OFFERS TECHNOLOGIES, SERVICES AND SPECIAL PROGRAMS DESIGNED BY AND FOR KNOWLEDGE PROFESSIONALS AND BRINGS TOGETHER MORE THAN 2000 COLLECTIONS-HOLDING ORGANIZATIONS WORLDWIDE FOR COLLABORATION, INNOVATION AND SCALE.

  • LIBRARY PRODUCTS AND SERVICES SUPPLIED BY VENDORS ARE DISTRIBUTED BY THE ORGANIZATION TO MEMBER INSTITUTIONS.

    Expenses $108,364,894 · Revenue $117,096,281

  • VENDOR PRODUCTS AND SERVICES DISTRIBUTED AND SUPPORTED BY LYRASIS.

    Expenses $9,026,026

  • OTHER SERVICES PROVIDED TO MEMBER AND NON-MEMBER LIBRARIES INCLUDING EDUCATIONAL PROGRAMS, CONSULTING SERVICES, GRANT ADMINISTRATION, AND COLLABORATIVE PROGRAMS.

    Expenses $2,256,507 · Grants $460,106 · Revenue $4,578,263

As filed on the 2023 return.

Listed in Part VII

  • Wendy Cornelisen

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • Maurice York

    BOARD VICE-CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • Kaitlin Thaney

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    2.5

  • Rhea Brown Lawson

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    2.5

  • Bianca Amaro

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • Lee Bagby Ceperich

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • Anne Huang

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • Felton Thomas

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • John Wang

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • Courtney L Young

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • Evviva Weinraub Lajoie

    PAST BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • John Wilkin

    CEO, EX-OFFICIO

    Total calculated
    $367,846
    From this org
    $335,050
    From related orgs
    $0
    Other
    $32,796
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $335,050
    Bonus
    $0
    Other
    $0
    Deferred
    $26,804
    Nontaxable benefits
    $5,992
    Filer's total
    $367,846

  • Michelle Tiller

    CFO

    Total calculated
    $0
    Hours/week
    40

  • Michael Atwood

    SR. DIRECTOR, EBOOKS/CE

    Total calculated
    $248,246
    From this org
    $218,939
    From related orgs
    $0
    Other
    $29,307
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,939
    Bonus
    $0
    Other
    $0
    Deferred
    $17,515
    Nontaxable benefits
    $11,792
    Filer's total
    $248,246

  • Erin Tripp

    COO, EX-OFFICIO

    Total calculated
    $211,846
    From this org
    $194,258
    From related orgs
    $0
    Other
    $17,588
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,258
    Bonus
    $0
    Other
    $0
    Deferred
    $11,908
    Nontaxable benefits
    $5,680
    Filer's total
    $211,846

  • John McGarl

    TREASURER

    Total calculated
    $221,158
    From this org
    $193,456
    From related orgs
    $0
    Other
    $27,702
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,456
    Bonus
    $0
    Other
    $0
    Deferred
    $15,477
    Nontaxable benefits
    $12,225
    Filer's total
    $221,158

  • David Harp

    SR. ENGINEER LEAD

    Total calculated
    $192,551
    From this org
    $177,469
    From related orgs
    $0
    Other
    $15,082
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,469
    Bonus
    $0
    Other
    $0
    Deferred
    $14,197
    Nontaxable benefits
    $885
    Filer's total
    $192,551

  • Valerie Kavanagh

    MGR, OUTREACH EBOOKS/CE

    Total calculated
    $191,473
    From this org
    $176,351
    From related orgs
    $0
    Other
    $15,122
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,351
    Bonus
    $0
    Other
    $0
    Deferred
    $8,568
    Nontaxable benefits
    $6,554
    Filer's total
    $191,473

  • Robert Miller

    CEO (FORMER)

    Total calculated
    $210,853
    From this org
    $210,853
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $210,853
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $210,853

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE ORGANIZATION COMPENSATED OFFICERS AND HIGHEST COMPENSATED EMPLOYEES IN THE FISCAL YEAR WITH BONUSES THAT ARE NON-FIXED (VARIABLE) PAYMENTS, CONTINGENT UPON FINANCIAL PERFORMANCE OF THE ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BIBLIOLABS LLC

    SOFTWARE-MEDIA SERVICE · SC · income $0 · assets $0

    Directly controlled by LYRASIS

Provenance

Return type
form_990
Tax year
2023
Filed
4 April 2025
IRS schema version
2023v6.0
Source object
202511069349301006

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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