Michigan Academic Library Association is located in Lansing, MI. The organization was established in 2015. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Academic Library 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 06/2022, Michigan Academic Library Association generated $76.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $50.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HOSTED SEVERAL EVENTS, ONLINE TRAINING, AND CONFERENCES THROUGHOUT THE TAX YEAR: MIALA CATALOGING & METADATA INTEREST GROUP COFFEE-HOUR - 13 ATTENDEES ANNUAL CONFERENCE 2022 - 195 ATTENDEESWEB/UX LUNCHTIME CHAT - 1 ATTENDEECREATING EQUITABLE SPACES, MIALA/MHSLA - 53 ATTENDEES
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,900 |
Total Program Service Revenue | $10,509 |
Membership dues | $51,480 |
Investment income | $28 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $76,917 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $38,524 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $16 |
Other expenses | $11,774 |
Total expenses | $50,314 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $232,129 |
Other assets | $0 |
Total assets | $234,872 |
Total liabilities | $29,720 |
Net assets or fund balances | $205,152 |
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