THE LIBRARY FOUNDATION OF LOS ANGELES

EIN: 954368250 501(c)(3) Education

LOS ANGELES, CA

Total Revenue
$9,316,123
Total Expenses
$9,908,588
Total Assets
$68,590,202
Net Assets
$68,106,594
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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
CA
Principal Officer
STACY LIEBERMAN
Phone
2132287500
Tax Period
2024-07-01 to 2025-06-30

THE LIBRARY FOUNDATION OF LOS ANGELES, founded in 1992, is a community nonprofit in the Education sector that reported $9.3M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Net assets of $68.1M represent 88 months of operating reserves.

Mission

THE LIBRARY FOUNDATION OF LOS ANGELES (LFLA) PROVIDES CRITICAL SUPPORT TO THE LOS ANGELES PUBLIC LIBRARY (LAPL), RESULTING IN FREE PROGRAMS, RESOURCES, AND SERVICES AVAILABLE TO THE MILLIONS OF ADULTS, CHILDREN, AND YOUTH IN LOS ANGELES. THROUGH FUNDRAISING, ADVOCACY, AND INNOVATIVE PROGRAMS, LFLA STRENGTHENS LAPL AND PROMOTES GREATER AWARENESS OF ITS VALUABLE RESOURCES.

Program Service Accomplishments

Program 1
Expenses: $2,078,632

HELPING STUDENTS SUCCEED:LFLA HELPS LAPL PROVIDE A RANGE OF SERVICES, PROGRAMS, EVENTS, AND OTHER RESOURCES THAT HELP CHILDREN AND TEENS THRIVE. FOR CHILDREN AGES 0-10, LAPL'S WE READ TOGETHER...

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HELPING STUDENTS SUCCEED:LFLA HELPS LAPL PROVIDE A RANGE OF SERVICES, PROGRAMS, EVENTS, AND OTHER RESOURCES THAT HELP CHILDREN AND TEENS THRIVE. FOR CHILDREN AGES 0-10, LAPL'S WE READ TOGETHER INITIATIVE ENGAGES EARLY AND EMERGING READERS AND THEIR PARENTS WITH STORY TIMES TO MODEL EVIDENCE-BASED LITERACY PRACTICES, PARENT WORKSHOPS TO HELP FAMILIES INTEGRATE LITERACY PRACTICES INTO THEIR DAILY ROUTINES, AND FAMILY-FRIENDLY EVENTS. THESE OFFERINGS PROMOTE SCHOOL-READINESS, LITERACY, LEARNING, PLAY, CURIOSITY, AND COMMUNITY. FOR SCHOOL-AGE YOUTH, LFLA HELPS LAPL DELIVER EXPERT ONLINE PRIVATE TUTORING TO ALL K-12 YOUTH AND COLLEGE STUDENTS WITH A LIBRARY CARD BETWEEN 11 AM AND 11 PM EVERY DAY, STUDENT ZONES THAT PROVIDE DEDICATED AND DIRECT ACCESS TO COMPUTERS AND IN-PERSON HOMEWORK ASSISTANCE AT 38 LOCAL LIBRARIES IN LOW-INCOME COMMUNITIES, AND COLLEGE-PREP SERVICES TO HELP YOUTH AND FAMILIES PREPARE FOR COLLEGE. THE TEENS LEADING CHANGE PROGRAM PROVIDES LFLA-FUNDED MINI-GRANTS TO GROUPS OF YOUTH AND LIBRARIANS TO RESEARCH AND PILOT STRATEGIES TO ADDRESS LOCAL SOCIAL ISSUES.

Program 2
Expenses: $2,056,818

INVESTING IN LIFELONG LEARNING:LFLA SUPPORTS ADULTS WHO WANT TO IMPROVE ESSENTIAL LITERACIES. THE ADULT LITERACY INITIATIVE OFFERS ONE-ON-ONE TUTORING FOR ADULTS READING BELOW THE SIXTH-GRADE LEVEL...

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INVESTING IN LIFELONG LEARNING:LFLA SUPPORTS ADULTS WHO WANT TO IMPROVE ESSENTIAL LITERACIES. THE ADULT LITERACY INITIATIVE OFFERS ONE-ON-ONE TUTORING FOR ADULTS READING BELOW THE SIXTH-GRADE LEVEL. THE PROGRAM'S FAMILY LITERACY SERVICES PROVIDE COACHING FOR ADULT LITERACY LEARNERS TO SUPPORT THEIR CHILDREN'S EARLY LITERACY DEVELOPMENT. ADDITIONAL ADULT LITERACY COMPONENTS INCLUDE DROP-IN TUTORING, CLASSES, AND ESL SERVICES. CAREER ONLINE HIGH SCHOOL GIVES ADULTS ANOTHER CHANCE TO EARN AN ACCREDITED HIGH SCHOOL DIPLOMA. LAPL'S CYBERNAUT DIGITAL NAVIGATORS, STATIONED AT 37 LIBRARIES AND VIA A REMOTE SERVICE, PROMOTE DIGITAL INCLUSION BY PROVIDING ON-DEMAND TECH SUPPORT AND TRAINING AND LEADING DIGITAL LITERACY WORKSHOPS AND CLASSES FOR SMALL GROUPS. LAPL'S FULL STEAM AHEAD INITIATIVE PROMOTES SCIENCE AND ENVIRONMENTAL LITERACY BY OFFERING WORKSHOPS, EVENTS, AND KITS THAT FOSTER NEIGHBORHOOD SCIENCE, CREATIVITY, AND INQUIRY-BASED PROBLEM-SOLVING FOR PEOPLE OF ALL AGES.

Program 3
Expenses: $1,962,578

ENGAGING THE IMAGINATION:THROUGH ITS ACCLAIMED ALOUD CULTURAL PROGRAMMING SERIES, LFLA BRINGS RENOWNED AND EMERGING LITERARY ARTISTS, FILMMAKERS, SCIENTISTS, MUSICIANS, POLICYMAKERS, AND OTHER...

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ENGAGING THE IMAGINATION:THROUGH ITS ACCLAIMED ALOUD CULTURAL PROGRAMMING SERIES, LFLA BRINGS RENOWNED AND EMERGING LITERARY ARTISTS, FILMMAKERS, SCIENTISTS, MUSICIANS, POLICYMAKERS, AND OTHER LUMINOUS MINDS INTO DIRECT CONVERSATION WITH THE LIBRARY'S PATRONS. LFLA ALSO SUPPORTS LAPL'S L.A. MADE SERIES, WHICH DELIVERS HUMANITIES-BASED PROGRAMMING ACROSS THE CITY'S DIVERSE COMMUNITIES. LFLA AND LAPL EXHIBITION PROJECTS HIGHLIGHT LAPL'S HISTORIC COLLECTIONS AND SERVICES, THE DIVERSE STORIES AND PEOPLE OF THE CITY OF L.A., AND CONTEMPORARY ISSUES. IN 2024-2025, LFLA AND LAPL LAUNCHED THE THIRD COHORT OF THE LAPL CREATORS IN RESIDENCE INITIATIVE. THE FELLOWSHIP PROGRAM ENGAGED TWO CREATIVE PRACTITIONERS, FASHION DESIGNER AND ENTREPRENEUR ASHLEY WALKER AND FOOD WRITER AND AUTHOR TIEN NGUYEN, WHO ARE PRODUCING UNIQUE NEW WORK INFORMED BY LAPL'S COLLECTION AND SERVICES. THEIR PROJECTS, INCLUDING DISPLAYS OF MENUS FROM THE LIBRARY'S SPECIAL COLLECTIONS AND NEWLY DESIGNED OUTFITS INSPIRED BY LA HISTORY AT BRANCH LIBRARIES ACROSS THE CITY, WILL LAUNCH PUBLICLY IN DECEMBER 2025. OUR MOST RECENT MAJOR EXHIBITION, NO PRIOR ART: ILLUSTRATIONS OF INVENTION, WAS ON VIEW FROM SEPTEMBER 2024 THROUGH MAY 2025 AND WELCOMED MORE THAN 43,000 VISITORS THE PROJECT ALSO INCLUDED 81 FREE PUBLIC PROGRAMS AT 23 LIBRARY LOCATIONS. LFLA ALSO SUPPORTS DIGITIZATION PROJECTS AT LAPL THAT ARCHIVE AND PRESERVE COLLECTIONS OF PHOTOS, EPHEMERAL, MAPS, AND OTHER ITEMS SO THEY CAN BE ACCESSED ONLINE BY RESEARCHERS, STUDENTS, AND OTHER CURIOUS MINDS. WITH LIBRARY FOUNDATION SUPPORT, LAPL COMPLETED THE PLANNING PHASE OF "COMMUNITY: MEMORY AND BELONGING IN L.A." THE FIVE-YEAR PROJECT FUNDED BY A MELLON FOUNDATION GRANT WILL CULTIVATE COMMUNITY ARCHIVING PRACTICES AND HELP LAPL ENHANCE ITS DIGITAL SPECIAL COLLECTIONS RELATED TO L.A.'S BLACK, LGBT+ LATINX, AND SKID ROW COMMUNITIES. LFLA ALSO SUPPORTED LAPL CULTURAL CELEBRATIONS THROUGHOUT 2024-2025, INCLUDING THE L.A. LIBROS FESTIVAL, THE AAPI JOY FESTIVAL, AND THE JUNE JUBILEE IN HONOR OF BLACK EXCELLENCE.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,291,156
Program Service Revenue $0
Investment Income $3,297,411
Other Revenue $-272,444
TOTAL REVENUE $9,316,123

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,932,926
Fundraising Expenses $2,019,859
Program Expenses $6,098,028
Other Expenses $5,975,662
TOTAL EXPENSES $9,908,588

Year-over-Year Comparison

2024 2023 Change
Revenue $9,316,123 $10,753,353 -0.1%
Expenses $9,908,588 $9,240,248 +0.1%
Net Income $-592,465 $1,513,105 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
36
Independent Members
36
Employees
49
Volunteers
37

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$743,797
Total Directors
36
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBRA ALBIN-RILEY CHAIR 6.00
Officer Director
$0 $0 $0
DEAN HANSELL VICE-CHAIR 4.00
Officer Director
$0 $0 $0
KIM SONNENBLICK SECRETARY 3.00
Officer Director
$0 $0 $0
DAVID ROSENBLUM TREASURER 1.00
Officer Director
$0 $0 $0
BETSY APPLEBAUM DIRECTOR 1.00
Director
$0 $0 $0
NICOLE NEEMAN BRADY DIRECTOR 1.00
Director
$0 $0 $0
HELEN BREMER DIRECTOR 3.00
Director
$0 $0 $0
BRENDON CASSIDY DIRECTOR 1.00
Director
$0 $0 $0
ANDREW CHICK DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER CHU DIRECTOR 1.00
Director
$0 $0 $0
NANCY DEBRIER DIRECTOR 1.00
Director
$0 $0 $0
SUNITA DESHMUKH DIRECTOR 1.00
Director
$0 $0 $0
SANDY DUNLEAVY DIRECTOR 1.00
Director
$0 $0 $0
AMANDA FAIREY DIRECTOR 1.00
Director
$0 $0 $0
TOM GEISER DIRECTOR 1.00
Director
$0 $0 $0
THOMAS HECK DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL T M JONES DIRECTOR 1.00
Director
$0 $0 $0
JUDY KAMINS DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA KAO DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL KEEGAN DIRECTOR 1.00
Director
$0 $0 $0
SANDRA KULLI DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY LILLY DIRECTOR 1.00
Director
$0 $0 $0
KEVIN MCKEON DIRECTOR 1.00
Director
$0 $0 $0
BETH MICHELSON DIRECTOR 1.00
Director
$0 $0 $0
KEVIN PHILIP DIRECTOR 1.00
Director
$0 $0 $0
CELIA RAMOS DIRECTOR 1.00
Director
$0 $0 $0
LISA RICHARDSON DIRECTOR 1.00
Director
$0 $0 $0
KATE ROBERTS DIRECTOR 1.00
Director
$0 $0 $0
ALLISON SAMEK DIRECTOR 1.00
Director
$0 $0 $0
LAURA SEIGLE DIRECTOR 1.00
Director
$0 $0 $0
NYANZA SHAW DIRECTOR 1.00
Director
$0 $0 $0
RACHEL SMALL DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SPEAKER DIRECTOR 1.00
Director
$0 $0 $0
BETSY WANNER DIRECTOR 1.00
Director
$0 $0 $0
NONA FARAHNIK YADEGAR DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE YONEKURA DIRECTOR 1.00
Director
$0 $0 $0
STACY LIEBERMAN PRESIDENT & CEO 40.00
Officer
$319,807 $18,143 $337,950
MELISSA KHAMVONGSA CHIEF DEVELOPMENT OFFICER 40.00
Officer
$141,580 $22,806 $164,386
SHAWN RUBIN CHIEF FINANCIAL & OPERATING OFFICER 40.00
Officer
$207,156 $34,305 $241,461
IMANI HARRIS SR DIR OF CORP AND FDN RELATIONS 40.00
Highest
$155,253 $16,584 $171,837
JESSICA STRAND SR DIR OF PROGRAMMING & STRATEGIC ENGAGEMENT 40.00
Highest
$138,713 $29,902 $168,615
ELIZABETH CHANDLER DIRECTOR OF HUMAN RESOURCES 40.00
Highest
$115,703 $15,029 $130,732
SARAH CHARLETON DIR OF M&AG (UNTIL 11/2024) 40.00
Highest
$114,743 $9,892 $124,635
ALEX NGUYEN DIRECTOR OF MAJOR & PLANNED GIVING 40.00
Highest
$125,763 $13,792 $139,555
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,316,123 $9,908,588 $68,590,202 $-592,465
2024 No data No data No data No data
2023 $8,508,811 $8,596,648 $62,273,934 $-87,837
2022 $7,634,238 $7,844,414 $59,949,612 $-210,176
2021 $9,315,587 $5,539,828 $63,810,856 $3,775,759
2020 $7,745,776 $6,434,603 $50,864,800 $1,311,173
2019 $6,700,397 $6,828,816 $50,200,676 $-128,419
2018 $7,496,388 $7,293,096 $48,093,445 $203,292
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