American Association Of Law Libraries
- Assets
- $8.0m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 13
- Location
- Chicago, IL
- Founding
- 12/1944
- Data as of
- 09/2022
- EIN
- 36-2536424
Organization Overview
American Association Of Law Libraries is located in Chicago, IL. The organization was established in 1944. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 09/2022, American Association Of Law Libraries employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association Of Law Libraries 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 09/2022, American Association Of Law Libraries generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $2.9m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE VALUE OF AND FOSTER THE PROFESSION OF LAW LIBRARIANSHIP.
Describe the Organization's Program Activity:
THE ASSOCIATION PRODUCES THREE PUBLICATIONS RELATED TO LAW LIBRARIANSHIP.
THE ASSOCIATION PROVIDES GRANTS AND SCHOLARSHIPS THAT PROMOTE LAW LIBRARY RESEARCH, ACADEMICS AND THE PROFESSION IN GENERAL. THE ASSOCIATION ALSO HAS ESTABLISHED A GOVERNMENT AFFAIRS OFFICE INTENDED TO PROVIDE THE ASSOCIATION WITH A STRONG VOICE ON A BROAD ARRAY OF INFORMATION POLICY ISSUES OF CONCERN TO OUR MEMBERS THROUGH ADVOCACY AT NATIONAL, STATE, AND INTERNATIONAL LEVELS.
THE ASSOCIATION HOLDS AN ANNUAL MEETING, WHICH REPRESENTS THE NATIONAL CONVENTION FOR THE LAW LIBRARY PROFESSION, AND OTHER EDUCATIONAL MEETINGS THROUGHOUT THE YEAR.
THE ASSOCIATION PROVIDES SERVICES TO ITS MEMBERS AND PROMOTES THE INTERESTS OF ITS MEMBERS THROUGH REPRESENTATION WITH OTHER GROUPS, COMMITTEES, OR SPECIALIZED AREAS OF LAW LIBRARIANSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth G Adelman President | OfficerTrustee | 1 | $0 |
June Hsiao Liebert Vice President | OfficerTrustee | 1 | $0 |
Diane M Rodriguez Immediate Past President | OfficerTrustee | 1 | $0 |
Mary Jenkins Secretary | OfficerTrustee | 1 | $0 |
Miriam D Childs Treasurer | OfficerTrustee | 1 | $0 |
Kristina J Alayan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $246,845 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,120 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $311,965 |
| Total Program Service Revenue | $3,230,171 |
| Investment income | $146,250 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $268,576 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,961,088 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,989 |
| Grants and other assistance to domestic individuals. | $100,148 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $244,549 |
| Compensation of current officers, directors, key employees. | $107,602 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $685,351 |
| Pension plan accruals and contributions | $48,110 |
| Other employee benefits | $69,210 |
| Payroll taxes | $69,953 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,243 |
| Fees for services: Accounting | $27,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $42,851 |
| Fees for services: Other | $446,044 |
| Advertising and promotion | $976 |
| Office expenses | $91,509 |
| Information technology | $40,592 |
| Royalties | $0 |
| Occupancy | $111,643 |
| Travel | $95,943 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $751,047 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,054 |
| Insurance | $11,472 |
| All other expenses | $0 |
| Total functional expenses | $2,918,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,258,899 |
| Savings and temporary cash investments | $71,084 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $293,381 |
| 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 | $87,329 |
| Net Land, buildings, and equipment | $29,877 |
| Investments—publicly traded securities | $6,305,862 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,046,432 |
| Accounts payable and accrued expenses | $177,253 |
| Grants payable | $0 |
| Deferred revenue | $650,994 |
| 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 | $1,955 |
| Total liabilities | $830,202 |
| Net assets without donor restrictions | $5,814,679 |
| Net assets with donor restrictions | $1,401,551 |
| 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 | $8,046,432 |