The Libro.fm NOligarchy Profile
T
R
U
S
T
E
D
Libro.fm earned a NOligarchy Score of 90.41 out of 100 — a high mark driven by an absence of recorded political spending and regulatory penalties, tempered by an estimated executive pay gap that public filings cannot fully resolve.
Current Pillar Scores
Political Access
100.0
Wealth Extraction
61.2
Playing by the Rules
100.0
Score history — 23 quarters
Tier bands show where each quarter's score falls — no numeric y-axis needed. The dashed ring marks the year-over-year comparison point. Tap any quarter but the first to see its pillar breakdown.
•
Political Access Grade: 100/100. No federal lobbying expenditure, no Political Action Committee (PAC) contributions, and no recorded executive political donations appear across the tracked sources from Q3 2024 through Q2 2026 (8 quarters — the two-year tracking period).
•
Wealth Extraction Grade: 61.16/100. No stock buyback or dividend data is on record, and Libro.fm is a private company with no obligation to publicly disclose its CEO pay ratio — leaving the score anchored to an industry benchmark estimate rather than a verified disclosure.
•
Playing by the Rules Grade: 100/100. No regulatory fines, penalties, or subsidy receipts appear in the tracked sources for the two-year period.
The Sector Context: Libro.fm ranks 2nd out of 15 among companies sharing its federal industry classification (Book retailers and news dealers, North American Industry Classification System code 459210). With a score of 90.41 against a sector average of 83.5, it stands as an accountability outlier among industry peers — scoring notably above the group’s midpoint. Readers looking for higher-scoring alternatives will find that the sector contains at least one company that outpaces Libro.fm on this measure.
The Bottom Line: No Matched Records — the Picture Stays Incomplete
Across every source this project tracks — federal lobbying filings, PAC databases, Federal Election Commission (FEC) records, executive-pay disclosures, stock buyback filings, regulatory penalty databases, and public subsidy records — no data has been matched to Libro.fm for the two-year tracking period from Q3 2024 through Q2 2026. That absence could mean genuine inactivity across all these categories, or it could mean that matching records exist under a slightly different legal entity name and have not yet been linked. This reflects the current state of available public records, not a confirmed finding of compliance or of spending in any direction.
Outside the Current Public Record
No federal lobbying filings, PAC disbursements, or executive political contributions attributed to Libro.fm appear in the Lobbying Disclosure Act (LDA) database or FEC records across the two-year period from Q3 2024 through Q2 2026. The Senate LDA search returns no filings; the FEC individual contribution search returns no records. Whether that reflects a genuine decision to stay out of federal politics or a gap in how records are currently attributed to the company is not determinable from what is publicly available. No revolving-door hires — former government officials brought on for their political connections — appear in the record either.
EXHIBIT — THE RESERVED SEAT
$0 in lobbying · $0 in PAC money
Libro.fm filed no federal lobbying and ran no corporate PAC in this window — the reserved seat at the witness table sits empty.
A Pay Gap Without a Paper Trail
Libro.fm is a private company organized as a special-purpose corporation, which means it faces no legal requirement to publicly disclose its CEO pay ratio. The best available figure comes from industry benchmarking: the CEO pay ratio is 430:1, based on AFL-CIO Executive Paywatch industry benchmarks for comparable companies in this sector. That estimate means the person at the top of a company like this one takes home roughly 430 times what a typical frontline worker earns — but because Libro.fm is not required to file the underlying numbers, there is no public document that confirms or contradicts that figure.
No stock buyback or dividend data is recorded for Libro.fm across the two-year period. Because the company is privately held, those figures — if they exist — are not publicly disclosed, and no per-worker calculation can be made from what is currently available.
Beyond the Reach of Current Records
No regulatory fines, penalty orders, or government subsidy grants attributed to Libro.fm appear in the tracked sources for the period from Q3 2024 through Q2 2026. Penalty and subsidy databases aggregate records from dozens of federal and state agencies, and whether Libro.fm’s full history is captured under this name or under a related legal entity is not something the current data can confirm. The absence of matched records is noted as a data-coverage limit, not as a verified clean bill of health.