The Margaret Herrick Library is the main repository of print, graphic and research materials of the Academy of Motion Picture Arts and Sciences (AMPAS).

[8] According to the Academy Museum of Motion Pictures, the library holds 32,000 books, 80,000 screenplays, and 300,000 files of clippings.

[9] Their digital collections has a curated selection of lobby cards, books, film magazines and industry publications, totaling 35,000 items.

Dedicated to AMPAS' mission of broadening the film industry's educational and cultural outreach, Herrick was responsible for establishing the library as a world-class research institution.

[15] In 1988, the Academy and the city signed a 55-year lease agreement to renovate the building into a new location for the library, on a rehabilitation budget of $6 million.