2026-05-11T13:57:39-05:00 2025-06-30 994625061 CRI ADVISORS LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2024-07-01 231365979 LYRASIS LYRA 4048920943 4920 ATLANTA HIGHWAY 1015 ALPHARETTA GA 30004 JOHN MCGARL CFO 4048920943 2026-05-08 1 1 PAMELA D HARDISTER CPA P00240127 7703948000 2026-05-08 2024 2025-03-06 01:10:19Z JOHN WILKIN 4920 ATLANTA HIGHWAY 1015 ALPHARETTA GA 30004 139129078 0 X WWW.LYRASIS.ORG X 1936 PA SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF LYRASIS' MISSION.LYRASIS IS A NONPROFIT MEMBERSHIP ORGANIZATION WHOSE MISSION IS TO SUPPORT ENDURING ACCESS TO THE WORLD'S SHARED ACADEMIC, SCIENTIFIC AND CULTURAL HERITAGE THROUGH LEADERSHIP IN OPEN TECHNOLOGIES, CONTENT SERVICES, DIGITAL SOLUTIONS AND COLLABORATION WITH ARCHIVES, LIBRARIES, MUSEUMS AND KNOWLEDGE COMMUNITIES WORLDWIDE. LYRASIS ORGANIZATIONAL AND STAFF VALUES ARE: COMMUNICATION, RESPECT, COLLABORATION, IMPACT AND SERVICE. LYRASIS WAS CREATED BY ITS MEMBERS TO HELP THEM TACKLE WIDE-REACHING CHALLENGES WITH A COLLECTIVE STRENGTH, INCLUDING: THE DEVELOPMENT AND SELECTION OF NEW TECHNOLOGY SOLUTIONS; FOSTERING COMMUNITY-WIDE PROJECTS THAT HELP DELIVER BETTER OUTCOMES AND SERVICES; CONTENT CREATION, ACQUISITION AND MANAGEMENT; SUPPORT FOR NEW CONTENT MODELS AND STRATEGIES; AND LARGE-SCALE KNOWLEDGE MANAGEMENT PROGRAMS UNIQUE TO COLLECTIONS-HOLDING INSTITUTIONS. 12 11 100 0 0 0 1510421 1476729 121674544 133096120 6489010 1386261 0 0 129673975 135959110 460106 106137 0 0 13215176 14254350 0 0 0 112567903 123402909 126243185 137763396 3430790 -1804286 82067198 96587207 59602697 73170959 22464501 23416248 X LYRASIS EMPOWERS LIBRARIES, ARCHIVES AND MUSEUMS THROUGH CONTENT SERVICES, OPEN TECHNOLOGIES AND COMMUNITY-BASED SOLUTIONS THAT EXPAND ACCESS TO INFORMATION, PRESERVE CULTURAL HERITAGE, AND ADVANCE THE SHARED GOALS OF OUR MEMBERS AND THE COMMUNITIES WE SERVE. COLLABORATIVELY, WE BUILD A FUTURE THAT IS INCLUSIVE, EQUITABLE, ACCESSIBLE AND SUSTAINABLE. 0 0 130246627 106137 133096120 LYRASIS 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 EQUITABLE AND SUSTAINABLE PRICING FOR ELECTRONIC RESOURCES AND SERVICES. WE WORK AT SCALE TO SIMPLIFY LIBRARY ACQUISITION WORKFLOWS AND STRENGHTHEN VALUE ON INVESTMENT FOR OUR MEMBERS. LYRASIS ADVANCES A BROAD ARRAY OF OPEN ACCESS PROGRAMS THAT EMPOWER DIVERSE INSTITUTIONS TO SHAPE THE FUTURE OF SCHOLARLY COMMUNICATION.LYRASIS BUILDS NEW COMMUNITIES TO FOSTER DATA EXCHANGE AND INTEROPERABILITY SERVICES THAT ENHANCE SCHOLARLY COMMUNICATION, SUCH AS THE ORCID US AND LYRASIS DATACITE COMMUNITIES. 130246627 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 273 0 1 100 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 GA PA X X X JOHN MCGARL 4045924828 4920 ATLANTA HIGHWAY 1015 ALPHARETTA GA 30004 COURTNEY L YOUNG BOARD CHAIR 2.50 X X 0 0 0 MAURICE YORK BOARD VICE-CHAIR 2.50 X X 0 0 0 KAITLIN THANEY BOARD TREASURER 2.50 X X 0 0 0 JASON KUCSMA BOARD SECRETARY 2.50 X X 0 0 0 MIGELL ACOSTA BOARD DIRECTOR 2.50 X 0 0 0 KRISTINA ALAYAN BOARD DIRECTOR 2.50 X 0 0 0 BIANCA AMARO BOARD DIRECTOR 2.50 X 0 0 0 MEREDITH EVANS BOARD DIRECTOR 2.50 X 0 0 0 EVVIVA WEINRAUB LAJOIE BOARD DIRECTOR 2.50 X 0 0 0 FELTON THOMAS BOARD DIRECTOR 2.50 X 0 0 0 JOHN WANG BOARD DIRECTOR 2.50 X 0 0 0 WENDY CORNELISEN PAST BOARD CHAIR 2.50 X 0 0 0 JOHN WILKIN CEO 40.00 X X 334815 0 27470 MICHELLE TILLER CFO 40.00 X 228833 0 20052 MICHAEL ATWOOD SR. DIRECTOR, EBOOKS/CE 40.00 X 222382 0 29903 ERIN TRIPP COO 40.00 X 215842 0 19942 TAKEYA MCLAURIN CHRO 40.00 X 207783 0 36420 JOHN MCGARL TREASURER 40.00 X 198867 0 27014 LISA LARSON SR. DIRECTOR, OUTREACH/ENGAGEMENT 40.00 X 178115 0 27225 KAREN FEATHER SR. DIRECTOR, CONTENT/SCI 40.00 X 177650 0 32273 LAURIE ARP SR. DIRECTOR 40.00 X 176900 0 21075 RAILI THRONDSON SR. DIRECTOR, IT 40.00 X 158152 0 13251 VALERIE KAVANAGH MGR, OUTREACH EBOOKS/CE 40.00 X 182134 0 15917 DAVID HARP SR. ENGINEERING LEAD 40.00 X 180083 0 15199 JESSICA DUGGAN DIRECTOR OF OPERATIONS 40.00 X 151962 0 13207 MARK COOPER SR. ENGINEERING LEAD 40.00 X 147479 0 12586 JAMES ENGLISH DIRECTOR OF BD EBOOKS/CE 40.00 X 147093 0 31648 2908090 0 343182 48 0 1 0 RSM US LLP 1861 INTERNATIONAL DRIVE STE 400 MCLEAN VA 22102 CONSULTING SERVICES 1098032 UNLIMITED LISTENS LLC 1207 DELAWARE AVE 257 WILMINGTON DE 19806 AUDIOBOOK SERVICES 207570 LENOX TOWERS LP 3390 PEACHTREE ROAD STE 1200 ATLANTA GA 30326 REAL ESTATE 159454 CHICAGO REVIEW PRESS IPG 814 N FRANKLIN STREET CHICAGO IL 60610 PUBLISHING SERVICES 116246 JOHN WILEY AND SONS PO BOX 22308 NEW YORK NY 100872308 PUBLISHING/RESEARCH SERVICES 104724 5 1476729 1476729 LIBRARY SERVICES 519200 131516421 131516421 MEMBERSHIP DUES 900099 1388144 1388144 CONSULTING 541900 177856 177856 PROJECT SERVICES 519200 7585 7585 OTHER PROGRAM SERVICES 519200 6114 6114 133096120 1323029 1323029 3233200 3169968 63232 63232 63232 135959110 133096120 0 1386261 106137 106137 2107095 2107095 9575755 7211423 2364332 639000 388227 250773 1932500 1102523 829977 36768 18439 18329 57114 57114 21066 21066 941572 795696 145876 81164 81044 120 149975 60977 88998 916094 463303 452791 149924 224 149700 723080 249158 473922 694 694 57529 57348 181 496139 496139 59662 59662 ELECTRONIC RESOURCES 119608105 119608105 SOCIAL ACTIVITIES - OTH 104023 104023 137763396 130246627 7516769 0 1281747 628456 16751 45371 8643341 3709203 19305345 35585000 1473361 1017940 407356 455421 46487880 50716479 5262507 4922507 662271 524770 82067198 96587207 24175750 23042561 28876414 41088201 485306 4600000 1872733 1055455 4192494 3384742 59602697 73170959 X 22464501 23416248 22464501 23416248 82067198 96587207 X -1804286 3162132 -405392 -707 X X 0 1 X 1 0 X 2532975 4001790 1924766 1510421 1476729 11446681 75054719 85650910 120241014 121674544 133096120 535717307 77587694 89652700 122165780 123184965 134572849 547163988 0 0 0 547163988 720472 839243 963951 1001945 1323029 4848640 720472 839243 963951 1001945 1323029 4848640 78308166 90491943 123129731 124186910 135895878 552012628 0.99120 0.99140 0.00880 0.00860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1473361 1017940 455421 455421 INVESTMENTS- OTHER SECURITIES 50716479 F 50716479 MEMBER DEPOSITS 2631561 RIGHT OF USE LIABILITY - OCCUPANCY LEASES 753181 3384742 X 139100176 3162132 3162132 135938044 21066 21066 135959110 137743037 707 707 137742330 21066 21066 137763396 PART X, LINE 2: UNDER SECTION 501(C)(3) AND SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE, THE ORGANIZATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME RESULTS FROM RENT, ADMINISTRATION OF SELF-INSURANCE ACTIVITIES, AND COMMISSIONS. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2025 AND 2024, THE ORGANIZATION HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: FOREIGN EXCHANGE RATE CONVERSIONS 707. NORTH AMERICA 0 6 PROGRAM SERVICES COMPUTER SUPPORT AND CONSULTING 754566 0 6 0 0 0 6 754566 0 754566 0 0 0 0 0 0 1 LEHIGH UNIVERSITY 306 S NEW ST STE 500 BETHLEHEM PA 18015 240795445 501(C)(3) 29600 0 FINANCIAL ASSISTANCE WILMINGTON INSTITUTE FREE LIBRARY 10 E 10TH ST WILMINGTON DE 19801 510064340 501(C)(3) 28000 0 FINANCIAL ASSISTANCE TUSKEGEE UNIVERSITY PO BOX 1304 TUSKEGEE AL 36087 630288878 501(C)(3) 23975 0 FINANCIAL ASSISTANCE STORY TAPESTRIES 19301 HEMPSTONE AVENUE POOLESVILLE MD 20837 273352560 501(C)(3) 12780 0 FINANCIAL ASSISTANCE BRANDON TOWNSHIP PUBLIC LIBRARY 304 SOUTH ST ORTONVILLE MI 48462 770177829 501(C)(3) 11500 0 FINANCIAL ASSISTANCE 5 0 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS AND THE CRITERIA FOR AWARDING THOSE GRANTS. THE GRANT MANAGER OVERSEES GRANTS AND REPORTS ANNUALLY. X 1 1 X X 1 0 0 0 0 0 0 1 0 JOHN WILKIN CEO 334815 0 0 0 0 0 26785 0 685 0 362285 0 0 0 MICHELLE TILLER CFO 228833 0 0 0 0 0 9709 0 10343 0 248885 0 0 0 MICHAEL ATWOOD SR. DIRECTOR, EBOOKS/CE 222382 0 0 0 0 0 17790 0 12113 0 252285 0 0 0 ERIN TRIPP COO 215842 0 0 0 0 0 13665 0 6277 0 235784 0 0 0 TAKEYA MCLAURIN CHRO 207783 0 0 0 0 0 16623 0 19797 0 244203 0 0 0 JOHN MCGARL TREASURER 198867 0 0 0 0 0 15774 0 11240 0 225881 0 0 0 LISA LARSON SR. DIRECTOR, OUTREACH/ENGAGEMENT 178115 0 0 0 0 0 14159 0 13066 0 205340 0 0 0 KAREN FEATHER SR. DIRECTOR, CONTENT/SCI 177650 0 0 0 0 0 14212 0 18061 0 209923 0 0 0 LAURIE ARP SR. DIRECTOR 176900 0 0 0 0 0 14152 0 6923 0 197975 0 0 0 RAILI THRONDSON SR. DIRECTOR, IT 158152 0 0 0 0 0 12456 0 795 0 171403 0 0 0 VALERIE KAVANAGH MGR, OUTREACH EBOOKS/CE 182134 0 0 0 0 0 9478 0 6439 0 198051 0 0 0 DAVID HARP SR. ENGINEERING LEAD 180083 0 0 0 0 0 14407 0 792 0 195282 0 0 0 JESSICA DUGGAN DIRECTOR OF OPERATIONS 151962 0 0 0 0 0 12157 0 1050 0 165169 0 0 0 MARK COOPER SR. ENGINEERING LEAD 147479 0 0 0 0 0 11798 0 788 0 160065 0 0 0 JAMES ENGLISH DIRECTOR OF BD EBOOKS/CE 147093 0 0 0 0 0 11722 0 19926 0 178741 0 0 0 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. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE PRIMARY AREAS OF FOCUS FOR LYRASIS ARE: CONTENT AND SCHOLARLY COMMUNICATIONS - LYRASIS USES OUR SCALE, STAFF EXPERTISE AND CAPACITY TO ADVANCE COMMUNITY INTERESTS WITH CRITICAL AND COLLABORATIVE RESOURCES, INCLUDING OPEN ACCESS, FOR LIBRARIES, ARCHIVES, MUSEUMS AND RESEARCH ORGANIZATIONS. HOSTING AND SOFTWARE SUPPORT - LYRASIS IS A RECOGNIZED PARTNER IN OPEN-SOURCE SOFTWARE FOR LIBRARIES, ARCHIVES, MUSEUMS AND RESEARCH COMMUNITIES, OFFERING HOSTING INFRASTRUCTURE AND COMMUNITY-LED TECHNOLOGIES AS A LEADER, A CONTRIBUTOR AND AS A SERVICE PROVIDER. LYRASIS IS PARTICIPATES IN AND IS HOME TO MULTIPLE OPEN SOURCE TECHNOLOGY COMMUNITIES, INCLUDING ARCHIVESSPACE, COLLECTIONSPACE, DSPACE, FEDORA AND VIVO. IN ADDITION, LYRASIS OFFERS HOSTING, MIGRATION, DATA MANAGEMENT AND SUPPORT. EBOOKS AND COMMUNITY ENGAGEMENT - LYRASIS OFFERS MULTI-MODAL TOOLS THAT HELP LIBRARIES OFFER EBOOKS AND UNIQUE LOCAL CONTENT TO THEIR PATRONS AND USERS, INCLUDING BIBLIOBOARD, THE INDIE AUTHOR PROJECT AND THE PALACE PROJECT, BOOSTING ENGAGEMENT AND PUTTING THE LIBRARY AT THE CENTER OF THEIR COMMUNITY. PROGRAMS AND SERVICES FOR MEMBERS - LYRASIS OFFERS UNIQUE SERVICES FOR MEMBERS AND BEYOND, INCLUDING PROFESSIONAL DEVELOPMENT, CONSULTING, PARTNERSHIP ON GRANTS AND SPECIAL PROJECTS AND OPPORTUNITIES TO COLLABORATE WITH COLLEAGUES FOR LIBRARY, ARCHIVES, MUSEUM AND KNOWLEDGE PROFESSIONALS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS, MOSTLY ACADEMIC LIBRARIES, WHO PAY ANNUAL MEMBERSHIP FEES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE POWER TO ELECT A PORTION OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, WHO SHARES IT WITH THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C THOSE CHARGED WITH ORGANIZATIONAL GOVERNANCE ARE REQUIRED TO FILL OUT AN ANNUAL QUESTIONNAIRE REGARDING THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER IS COMPARED TO MARKET EVERY TWO TO THREE YEARS BY THE DIRECTOR OF HUMAN RESOURCES. THE PERSONNEL COMMITTEE RECOMMENDS ANY CHANGES TO THE CHIEF EXECUTIVE OFFICER'S COMPENSATION TO THE BOARD OF TRUSTEES FOR APPROVAL. THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER APPROVES ANY COMPENSATION CHANGES FOR HIGHLY-COMPENSATED EMPLOYEES, AFTER THIRD-PARTY COMPENSATION ANALYSIS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST OR ON THE CANDID/GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BYLAWS AND ARTICLES OF INCORPORATION ARE AVAILABLE ON ITS WEBSITE. FORM 990, PART XI, LINE 9: FOREIGN EXCHANGE RATE CONVERSIONS -707. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS OF THE AUDIT COMMITTEE HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENT: CHANGE IN ACCOUNTING PRINCIPLE: EFFECTIVE JUNE 30, 2025, THE ORGANIZATION ADOPTED A CHANGE IN ITS REVENUE RECOGNITION POLICY FROM RECOGNIZING REVENUE AT A POINT IN TIME TO RECOGNIZING REVENUE OVER TIME. MANAGEMENT DETERMINED THAT RECOGNIZING REVENUE OVER TIME PROVIDES MORE RELEVANT AND RELIABLE INFORMATION TO USERS OF THE CONSOLIDATED FINANCIAL STATEMENTS WHILE REMAINING CONSISTENT WITH THE GUIDANCE IN ASC 606, REVENUE FROM CONTRACTS WITH CUSTOMERS. THE CHANGE IN ACCOUNTING PRINCIPLE HAS BEEN APPLIED PROSPECTIVELY. MANAGEMENT BELIEVES THIS CHANGE RESULTS IN CONSOLIDATED FINANCIAL STATEMENTS THAT PROVIDE ENHANCED TRANSPARENCY REGARDING THE TIMING AND PATTERN OF REVENUE RECOGNITION. THE IMPACT OF THE CHANGE IN ACCOUNTING PRINCIPLE WAS A DECREASE IN NET ASSETS OF $405,392 AS PREVIOUSLY STATED AS OF JUNE 30, 2024. BIBLIOLABS LLC 4920 ATLANTA HIGHWAY 1015 ALPHARETTA GA 30004 263401579 SOFTWARE-MEDIA SERVICE SC 0 0 LYRASIS