What does a sustainable future for the Academic Library Component survey look like under the Institute of Museum and Library Services (IMLS)? The Academic Library component survey is currently under the National Center for Education Statistics – Integrated Postsecondary Education Data System (NCES/IPEDS) aegis. The Institute of Museum and Library Services (IMLS) following up on discussions with NCES/IPEDS has commissioned QualityMetrics to perform a sustainability study for a future transfer of the AL Component from IPEDS/NCES to IMLS. Academic library statistics have been collected by the federal government at NCES under the Higher Education General Information Survey (HEGIS) data collection in the 1970s-80s, the Library Statistics Program in the 1990s, and IPEDS after 2014. Recurring concerns about the burden of the IPEDS data collection on institutional research units raised questions as to whether the AL Component survey can continue under NCES/IPEDS. The Institute of Museum and Library Services (IMLS) is keenly interested in the future of libraries of all types including academic libraries. IMLS is studying what a sustainable future for the AL Component looks like. The study will be completed in the Fall of 2021. An presentation of the findings as of July 2021 was made at the ALA Annual Virtual Conference through ACRL. A recording of the session is available on the ACRL YouTube channel and slides are also available through QualityMetrics.