A cup lid dispenser is characterized by a cylindrical housing for containing a stack of relatively flexible cup lids in vertical orientation with a lip of the bottommost lid supported at points around its circumference on a plurality of shelves within and around a base of the dispenser at a lower end of the housing. The base has a forward opening that exposes just a front portion of the lip of only the bottommost lid of the stack for being gripped by a user. To dispense the bottommost lid, a user grips the exposed lip and pulls the lid downward to flex it away from the overlying stack and forward to move it off of the shelves and release it from the overlying stack of lids for downward movement into an underlying pocket in the base, with continued forward pulling of the lid then moving it through and out of a forward dispense opening from the base. Upon dispense of the bottommost lid, the stack gravitationally moves downward and the lip of the next lid up moves into the support shelves and into position for dispensing.