Special Libraries Association
- Assets
- $3.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- McLean, VA
- Founding
- 02/1938
- Data as of
- 12/2021
- EIN
- 13-5404745
Organization Overview
Special Libraries Association is located in McLean, VA. The organization was established in 1938. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Special Libraries Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Special Libraries Association generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GLOBAL ORGANIZATION FOR INNOVATIVE INFORMATION PROFESSIONALS AND THEIR STRATEGIC PARTNERS.
Describe the Organization's Program Activity:
ANNUAL CONFERENCE: THE ANNUAL CONFERENCE OFFERS THE PREMIER OPPORTUNITY FOR FACE-TO-FACE INTERACTION, LEARNING, AND RELATIONSHIP BUILDING BETWEEN THE FULL DIVERSITY OF MEMBERS, PROSPECTIVE MEMBERS, THOUGHT LEADERS, AND INDUSTRY PARTNERS. HERE THE ORGANIZATION FACILITATES CROSS POLLINATION AMONG GEOGRAPHICALLY AND PROFESSIONALLY DIVERSE MEMBERSHIP TO THE MUTUAL BENEFIT OF ALL. THE 2019 ANNUAL CONFERENCE WAS HELD IN CLEVELAND, OHIO. THE EVENT OFFERED MORE THAN 100 EDUCATIONAL SESSIONS AND WORKSHOPS THAT EXPLORED THE LATEST TRENDS IN GATHERING, ORGANIZING, ANALYZING AND SHARING INFORMATION AND KNOWLEDGE.
MEMBERSHIP: SLA OFFERS MEMBERS ACCESS TO EXCEPTIONAL EXPERIENCES, VIBRANT COMMUNITIES, EDUCATIONAL RESOURCES, AND ESSENTIAL TOOLS FOR SUCCESS. SLA MEMBERS-STAY ON TOP OF THE LATEST INDUSTRY TRENDS AND ISSUES THROUGH SLA'S ONLINE MAGAZINE, INFORMATION OUTLOOK, AND OUR SOCIAL MEDIA CHANNELS; EARN PROFESSIONAL CREDENTIALS AND SKILLS WITH SLA WEBINAR RECORDINGS, CONVENIENTLY ARCHIVED ONLINE; DEVELOP REWARDING PROFESSIONAL RELATIONSHIPS AT LOCAL CHAPTER MEETINGS AND EVENTS AND DISCIPLINE-SPECIFIC PROGRAMS AND AT THE SLA ANNUAL CONFERENCE; AND DEVELOP LEADERSHIP, MARKETING AND TECHNICAL SKILLS BY TAKING ADVANTAGE OF SLA VOLUNTEER OPPORTUNITIES. SEE SCH O
LEADERSHIP DEVELOPMENT: THE LEADERSHIP DEVELOPMENT PROGRAM FACILITATES THE GOVERNANCE/LEADERSHIP ROLES WITHIN THE ASSOCIATION BY SUPPORTING THE ACTIVITIES OF THE BOARD OF DIRECTORS, COMMITTEES, CHAPTERS, DIVISIONS, CAUCUSES, AND OTHER REPRESENTATIVES OF THE ORGANIZATION.
PUBLIC AFFAIRS AND MARKETING: INCLUDES SLA'S COMMUNICATIONS, PUBLIC RELATIONS, MARKETING, AND PUBLIC POLICY INITIATIVES. VARIOUS EFFORTS INCLUDE PRINTED, ORAL, AND RECORDED PRESENTATIONS; PRESS FUNCTIONS SUCH AS PRESS RELEASES, SCHOLARSHIP RECOGNITION, PHOTOGRAPHY AND MEETINGS WITH PRESS; MARKETING OF PRODUCTS AND SERVICES THROUGH PRINT, ELECTRONIC, EXHIBITIONS. PUBLIC POLICY INCLUDES OUTREACH TO MEMBERS, COLLABORATIVE EFFORTS WITH OTHER ORGANIZATIONS TO INFORM AND MOST EFFECTIVELY EDUCATE MEMBERS OF ISSUES WHICH MAY AFFECT THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tara Murray Grove President | OfficerTrustee | 10 | $0 |
Hal Kirkwood Past President | OfficerTrustee | 10 | $0 |
Catherine Lavalle-Welch President-Elect | OfficerTrustee | 10 | $0 |
Alicia Biggers Treasurer | OfficerTrustee | 10 | $0 |
Hildy Dworkin Secretary | OfficerTrustee | 10 | $0 |
Amy Lestition Burke Executive Director | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $102,785 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,896 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,681 |
| Total Program Service Revenue | $805,143 |
| Investment income | $51,134 |
| Tax Exempt Bond Proceeds | $17,260 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $31,905 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,056,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,130,730 |
| Fees for services: Legal | $14,231 |
| Fees for services: Accounting | $13,882 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,115 |
| Fees for services: Other | $58,801 |
| Advertising and promotion | $2,687 |
| Office expenses | $51,063 |
| Information technology | $104,642 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $600 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $128,613 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,391 |
| All other expenses | $0 |
| Total functional expenses | $1,540,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $612,355 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,900 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $114,331 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,606,290 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,337,876 |
| Accounts payable and accrued expenses | $46,292 |
| Grants payable | $0 |
| Deferred revenue | $197,844 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $244,136 |
| Net assets without donor restrictions | $1,930,633 |
| Net assets with donor restrictions | $1,163,107 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,337,876 |
Endowment Analysis
| Beg. Balance | $194,897 |
| Ending Balance | $194,897 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Community Colleges Washington, DC | $17,692,990 | $18,107,472 |
National Board For Professional Teaching Standards Inc Arlington, VA | $7,108,000 | $15,320,880 |
National Association Of Independent Schools Inc Washington, DC | $58,850,620 | $18,662,235 |
Air Force Association Arlington, VA | $41,846,008 | $19,163,734 |
American Association Of Colleges Of Nursing Washington, DC | $32,242,011 | $15,709,388 |
National Association For The Education Of Young Children Washington, DC | $62,448,452 | $19,211,047 |
National Association Of Student Personnel Administrators Inc Washington, DC | $24,499,016 | $16,009,937 |
National Association Of College And Washington, DC | $30,694,720 | $19,712,645 |
American Association Of Colleges And Universities Washington, DC | $16,161,995 | $12,506,275 |
Virginia Education Association Inc Richmond, VA | $23,884,810 | $14,278,542 |
Tennessee Education Association Inc Nashville, TN | $10,428,351 | $9,646,926 |
American Association Of Collegiate Registrars And Admissions Officers Washington, DC | $20,186,946 | $8,014,604 |