Laboratory Animal Management Association
- Assets
- $125.2k
- Revenue
- $86.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 04/1996
- Data as of
- 12/2021
- EIN
- 52-1828124
Organization Overview
Laboratory Animal Management Association is located in Wayzata, MN. The organization was established in 1996. According to its NTEE Classification (D03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laboratory Animal Management 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, Laboratory Animal Management Association generated $86.1k 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 (11.1%) each year. All expenses for the organization totaled $103.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.2%) 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
PUBLICATIONS AND SPEAKERS AT THE ANNUAL MEETINGS FOSTER THE SPREAD OF INFORMATION AND EDUCATION FOR THE PROPER MANAGEMENT OF LABORATORY ANIMALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES NEWSLETTERS, PUBLICATIONS AND ANNUAL MEETINGS INFORMING ITS MEMBERS OF NEW DEVELOPMENTS IN THE PROPER AND HUMANE TREATMENT OF LABORATORY ANIMALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard E Mosher Co-Treasurer | OfficerTrustee | 5 | $0 |
Jamie Wells President | OfficerTrustee | 10 | $0 |
Emily Slocum Vice President | OfficerTrustee | 5 | $0 |
Kim Benjamin Immediate Past President | OfficerTrustee | 5 | $0 |
James Champion Co-Treasurer | OfficerTrustee | 5 | $0 |
Bruce Wilkison Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $53,365 |
| Fundraising events | $0 |
| Related organizations | $0 |
| 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 | $53,365 |
| Total Program Service Revenue | $24,795 |
| Investment income | $7,776 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $86,070 |
| 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 | $65,302 |
| Fees for services: Legal | $94 |
| Fees for services: Accounting | $2,144 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,074 |
| Information technology | $4,323 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,312 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,350 |
| All other expenses | $235 |
| Total functional expenses | $103,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,571 |
| Savings and temporary cash investments | $102,654 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $125,225 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $125,225 |
| Total liabilities and net assets/fund balances | $125,225 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin State Horse Council Incorporated Columbus, WI | $2,198,959 | $1,909,508 |
Wisconsin Veterinary Medical Association Madison, WI | $1,657,355 | $809,167 |
National Wildlife Rehabilitators Association Bloomington, MN | $1,068,193 | $380,104 |
Minnesota Horse Council Monticello, MN | $755,708 | $75,513 |
Otter Tail Agricultural Society & Fair Association Fergus Falls, MN | $300,018 | $248,771 |
American College Of Veterinary Anesthesiologists Plymouth, MN | $584,818 | $272,430 |
White Bear Avenue Business Association Inc Saint Paul, MN | $104,047 | $136,272 |
Laboratory Animal Management Association Wayzata, MN | $125,225 | $86,070 |
Zoological Society Of Kewaunee County Inc Kewaunee, WI | $257,557 | $0 |
Wildlife Society Inc Bismarck, ND | $177,079 | $0 |
Deer Lake Improvement Association Inc St Croix Falls, WI | $105,574 | $0 |
Wright County Historical Society Eagle Grove, IA | $170,597 | $0 |