Indianapolis Bar Association
- Assets
- $2.6m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 10
- Location
- Indianapolis, IN
- Founding
- 10/1942
- Data as of
- 12/2021
- EIN
- 35-0412670
Organization Overview
Indianapolis Bar Association is located in Indianapolis, IN. The organization was established in 1942. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Indianapolis Bar Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis Bar Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Indianapolis Bar Association generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE ITS MEMBERS, PROMOTE JUSTICE, AND ENHANCE THE LEGAL PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE ITS MEMBERS, PROMOTE JUSTICE, AND ENHANCE THE LEGAL PROFESSION THROUGH CONTINUING EDUCATION (EDUCATIONAL EVENTS, PROGRAMMING, AND NETWORKING OPPORTUNITIES FOR ATTORNEYS, PARALEGALS, AND LAW STUDENTS), BAR REVIEW (COSTS ASSOCIATED WITH THE PRODUCTION AND IMPLEMENTATION OF 28 DAY COURSE OFFERED TWICE ANNUALLY FOR LAW STUDENTS PREPARING TO SIT FOR THE BAR EXAMINATION) AND DIVERSITY JOB FAIR - EXPENSES RELATED TO TWO DAY JOB FAIR SPECIFICALLY FOCUSED ON MINORITY LAW STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Armstrong Executive Director | Officer | 40 | $181,838 |
Alicia Gooden President Elect | OfficerTrustee | 1 | $0 |
Rebecca Geyer 1st Vice President | OfficerTrustee | 1 | $0 |
Vanessa Lopez Aguilera Vice President | OfficerTrustee | 1 | $0 |
John Chavis Vice President | OfficerTrustee | 1 | $0 |
Jimmie Mcmillian President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $851,167 |
| Fundraising events | $0 |
| Related organizations | $184,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,035,167 |
| Total Program Service Revenue | $804,803 |
| Investment income | $68,215 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $59,004 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$4,165 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,963,024 |
| 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. | $230,840 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $465,915 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $159,840 |
| Payroll taxes | $48,786 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,500 |
| Fees for services: Other | $6,857 |
| Advertising and promotion | $59,149 |
| Office expenses | $45,619 |
| Information technology | $12,798 |
| Royalties | $0 |
| Occupancy | $254,516 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $336,706 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,825 |
| Insurance | $10,300 |
| All other expenses | $21,965 |
| Total functional expenses | $1,882,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $814,457 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $110,435 |
| Net Land, buildings, and equipment | $288,396 |
| Investments—publicly traded securities | $1,407,870 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,066 |
| Total assets | $2,640,224 |
| Accounts payable and accrued expenses | $93,048 |
| Grants payable | $0 |
| Deferred revenue | $512,371 |
| 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 | $157,242 |
| Other liabilities | $118,837 |
| Total liabilities | $881,498 |
| Net assets without donor restrictions | $1,758,726 |
| Net assets with donor restrictions | $0 |
| 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 | $2,640,224 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indianapolis Bar Association has recieved totaling $109,000.
| Awarding Organization | Amount |
|---|---|
Indianapolis Bar Foundation Inc Indianapolis, IN PURPOSE: TO FUND VARIOUS PROGRAMS WHICH SERVE THEIR MEMBERS, PROMOTE JUSTICE, AND ENHANCE THE LEGAL PROFESSION. | $109,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Bar Foundation Chicago, IL | $37,925,650 | $9,357,330 |
Illinois State Bar Association Springfield, IL | $19,242,841 | $8,740,125 |
Association Of Legal Administrators Chicago, IL | $3,426,402 | $6,090,392 |
Kentucky Bar Association Frankfort, KY | $11,804,122 | $7,180,578 |
Teamsters Local Union No 727 Legal Assistance Trust Fund Park Ridge, IL | $2,977,778 | $5,048,167 |
Chicago Bar Association Chicago, IL | $12,652,985 | $5,014,967 |
Legal Marketing Association Chicago, IL | $3,459,145 | $3,787,273 |
International Association Of Defense Counsel Chicago, IL | $5,596,400 | $3,119,794 |
Indiana State Bar Association Indianapolis, IN | $4,394,271 | $3,135,204 |
Il Board Of Admissions To The Bar Springfield, IL | $10,500,041 | $2,819,422 |
Kentucky Bar Foundation In Frankfort, KY | $9,276,329 | $1,606,050 |
Illinois Trial Lawyers Association Springfield, IL | $4,123,310 | $2,286,760 |