Indiana Library Federation Incorported
- Assets
- $1.4m
- Revenue
- $491.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Indianapolis, IN
- Founding
- 12/1977
- Data as of
- 12/2020
- EIN
- 35-1389309
Organization Overview
Indiana Library Federation Incorported is located in Indianapolis, IN. The organization was established in 1977. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2020, Indiana Library Federation Incorported employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Library Federation Incorported 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 12/2020, Indiana Library Federation Incorported generated $491.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $394.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
INDIANA LIBRARY FEDERATION LEADS, EDUCATES AND ADVOCATES TO ADVANCE LIBRARY SERVICES FOR THE BENEFIT OF INDIANA RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL DEVELOPMENT CONFERENCES: THE FEDERATION HOLDS A THREE-DAY MAJOR CONFERENCE WITH APPROXIMATELY 110 SESSIONS FOR 700 ATTENDEES AND INCLUDES MORE THAN 70 VENDOR EXHIBITORS. THE FEDERATION HOLDS SEVERAL SHORTER PROFESSIONAL DEVELOPMENT CONFERENCES, INCLUDING SEVERAL ONE-DAY WORKSHOPS TO BUILD SPECIFIC SKILLS AND KNOWLEDGE FOR STAFF ACROSS ALL LIBRARY TYPES AND A TWO-DAY SPECIALTY CONFERENCE FOR CHILDREN, TEEN AND SCHOOL LIBRARIANS. THE CHILDREN AND TEEN DIVISION CONFERENCE INCLUDES MORE THAN 20 SESSIONS AND 10 VENDOR EXHIBITORS FOR OVER 200 ATTENDEES.
OTHER PROGRAMS AND SERVICES: THE FEDERATION PROVIDES SPECIAL PROGRAMS AND PROJECTS INCLUDING AWARDS AND HONORS, ACADEMIC SCHOLARSHIPS TO PURSUE LIBRARIANSHIP, BOOK AWARD PROGRAMS AND SPECIAL COLLABORATIVE PROJECTS. THE FEDERATION'S BOOK AWARD PROGRAMS PROMOTE RECREATIONAL READING AMONG YOUNG PEOPLE AND INCLUDE THE YOUNG HOOSIER BOOK AWARD PROGRAM, THE ELIOT ROSEWATER HIGH SCHOOL BOOK AWARD AND THE READ ALOUD TOO GOOD TO MISS AWARD. IN 2019, SPECIAL PROJECTS INCLUDED THE "I LOVE MY LIBRARY" YARD SIGN AND "I LOVE LIBRARIES" LICENSE PLATE CAMPAIGNS.
ADVOCACY PROGRAM: THE FEDERATION'S ADVOCACY PROGRAM MONITORS ADMINISTRATIVE AND LEGISLATIVE ISSUES THAT AFFECT LIBRARIES, CONVENES MEMBERS AND STAKEHOLDERS TO DISCUSS ISSUES AND COMMUNICATES WITH POLICYMAKERS, INFLUENCERS AND LIBRARY SUPPORTERS.
MEMBER SERVICES: THE FEDERATION PROVIDES SERVICES TO MEMBERS, INCLUDING DOWNLOADABLE TOOLKITS AND GUIDES, BEST-PRACTICE SHARING RESOURCES AND FACILITATED SESSIONS FOR NETWORKING AND ENGAGEMENT. THE FEDERATION CONNECTS LIBRARIES AND LIBRARY STAFF-WITHIN AND ACROSS LIBRARY TYPES, GEOGRAPHY, POSITIONS AND INTERESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucinda Nord Ilf Executive Director | Officer | 50 | $84,709 |
Diane Rogers School Library Representative | Trustee | 2 | $0 |
Chad Heck School Library Representative | Trustee | 2 | $0 |
Marna Hostetler Academic Library Representative | Trustee | 2 | $0 |
Christopher Proctor Academic Library Representative | Trustee | 2 | $0 |
Ingrid Norris Public Library Representative | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $251,663 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,665 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,810 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,138 |
| Total Program Service Revenue | $156,640 |
| Investment income | $22,609 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,918 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $38 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $491,344 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,001 |
| Grants and other assistance to domestic individuals. | $6,990 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,676 |
| Compensation of current officers, directors, key employees. | $18,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,872 |
| Pension plan accruals and contributions | $2,389 |
| Other employee benefits | $0 |
| Payroll taxes | $13,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,101 |
| Fees for services: Lobbying | $51,410 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,127 |
| Fees for services: Other | $5,777 |
| Advertising and promotion | $0 |
| Office expenses | $9,470 |
| Information technology | $18,759 |
| Royalties | $0 |
| Occupancy | $22,857 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $46,187 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,689 |
| Insurance | $5,235 |
| All other expenses | $1,435 |
| Total functional expenses | $393,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365,738 |
| Savings and temporary cash investments | $25,025 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,848 |
| 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 | $6,688 |
| Net Land, buildings, and equipment | $9,094 |
| Investments—publicly traded securities | $1,003,670 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,644 |
| Total assets | $1,428,707 |
| Accounts payable and accrued expenses | $32,132 |
| Grants payable | $0 |
| Deferred revenue | $46,742 |
| 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 | $9,094 |
| Total liabilities | $87,968 |
| Net assets without donor restrictions | $1,155,839 |
| Net assets with donor restrictions | $184,900 |
| 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 | $1,428,707 |