The Music Library Association
- Assets
- $2.3m
- Revenue
- $523.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Middleton, WI
- Founding
- 01/1993
- Data as of
- 06/2022
- EIN
- 52-6056338
Organization Overview
The Music Library Association is located in Middleton, WI. The organization was established in 1993. This organization is a parent organization of an affiliated group for tax-exemption purposes. Music 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, Music Library Association generated $523.3k 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 $312.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PROFESSIONAL FORUM FOR LIBRARIANS, ARCHIVISTS AND OTHERS WHO SUPPORT AND PRESERVE THE WORLD'S MUSICAL HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING: CONVENTION HELD MARCH 2-5, 2022, VIRTUALLY, RATHER THAN IN PERSON (DUE TO COVID). INTEREST GROUPS AND COMMITTEE MEETINGS WERE HELD IN THE WEEK PRECEDING AND THE WEEK FOLLOWING THE ANNUAL MEETING. THE TOTAL DATES WERE FROM FEBRUARY 21-MARCH 10, 2022. FROM THE WEBSITE: EACH YEAR MLA HOLDS AN ANNUAL NATIONAL MEETING TO DISCUSS ISSUES, PROMOTE NEW IDEAS, AND SHARE INFORMATION IN THE FIELD OF MUSIC LIBRARIANSHIP.
PUBLICATIONS AND ONLINE EDUCATION (MLA JOINT PUBLICATIONS WITH PUBLISHING/PRODUCTION PARTNERS)IN PARTNERSHIP WITH A-R EDITIONS: NOTES: THE QUARTERLY JOURNAL OF THE MUSIC LIBRARY ASSOCIATION, OFFERING THE READERS INTERESTING, INFORMATIVE AND WELL-WRITTEN ARTICLES IN THE AREAS OF MUSIC LIBRARIANSHIP, MUSIC BIBLIOGRAPHY AND DISCOGRAPHY, THE MUSIC TRADE AND ON CERTAIN ASPECTS OF MUSIC HISTORY.THE MUSIC CATALOGING BULLETIN: A MONTHLY PUBLICATION ANNOUNCING INTERNAL POLICY AND OPERATIONAL DECISIONS AND COMMUNICATIONS FROM THE LIBRARY OF CONGRESS AND REPORTING GENERAL CATALOGING NEWS THAT MAY IMPACT MUSIC CATALOGING.THE MLA NEWSLETTER: UPDATES FOR MEMBERS OF THE ASSOCIATION, PUBLISHED ONLINE.BASIC MANUAL SERIES: A COMPREHENSIVE SERIES OF MANUALS DESIGNED TO ASSIST THE LIBRARIAN IN DEALING WITH VARIOUS ASPECTS OF THE ORGANIZATION, ADMINISTRATION, AND USE OF A MUSIC LIBRARY.INDEX & BIBLIOGRAPHY SERIES: A SERIES OF BIBLIOGRAPHIES, INDEXES, DISCOGRAPHIES AND OTHER GUIDES TO MUSIC AND MUSIC LITERATURE, COVERING ALL AREAS OF MUSIC STUDY.TECHNICAL REPORTS: EACH VOLUME PROVIDES A FOCUSED, IN-DEPTH LOOK AT THE PRACTICAL SIDE OF THE MUSIC LIBRARY PROFESSION. TOPICS INCLUDE CATALOGING, AUDIO TECHNOLOGY, AND FACILITIES MANAGEMENT AS WELL AS REPORTS OF CURRENT RESEARCH IN MUSIC LIBRARIANSHIP.IN PARTNERSHIP WITH THE AMERICAN LIBRARY ASSOCIATION (ALA): WEBINARS AND E-COURSES TAUGHT BY EXPERIENCED MUSIC LIBRARIANS COVER A VARIETY OF TOPICS RELATED TO MUSIC LIBRARIANSHIP, TARGETING DIFFERENT EXPERIENCE AND KNOWLEDGE LEVELS, AND RANGING FROM BASIC MUSIC LIBRARIANSHIP SKILLS TO MORE SPECIALIZED AREAS OF LIBRARIANSHIP. THE FOCUS IS ON GAINING PRACTICAL SKILLS IN A SPECIFIC AREA.
PROGRAM EXPENSES SUPPORTING THE WORK OF COMMITTEE MEMBERS WHO REPRESENT MLA IN OTHER ASSOCIATIONS, PRIMARILY ALA, BUT ALSO MLA'S SUPPORT FOR THE U.S. BRANCHES OF THE INTERNATIONAL MUSIC RESEARCH PROGRAMS RISM AND RILM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Hille Cribbs Chief Financial Officer | OfficerTrustee | 20 | $1,400 |
Liza Vick President | OfficerTrustee | 20 | $0 |
Kristi Bergland Parliamentarian | OfficerTrustee | 5 | $0 |
Marci Cohen Fiscal Officer | OfficerTrustee | 5 | $0 |
Scott Stone Planning Officer | OfficerTrustee | 5 | $0 |
Paula Hickner Vice-President/president Elect | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,616 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,393 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,009 |
| Total Program Service Revenue | $208,662 |
| Investment income | $100,850 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $116,005 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $62,136 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $523,321 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $23,263 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,400 |
| Compensation of current officers, directors, key employees. | $1,400 |
| 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 | $82,620 |
| Fees for services: Legal | $4,700 |
| Fees for services: Accounting | $13,378 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,263 |
| Fees for services: Other | $36,000 |
| Advertising and promotion | $0 |
| Office expenses | $46,157 |
| Information technology | $15,935 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,311 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,048 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,738 |
| All other expenses | $110 |
| Total functional expenses | $312,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $241,897 |
| Savings and temporary cash investments | $132,793 |
| 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 | $5,933 |
| Prepaid expenses and deferred charges | $33,330 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,915,628 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,329,581 |
| 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 | $25,001 |
| Total liabilities | $25,001 |
| Net assets without donor restrictions | $1,690,017 |
| Net assets with donor restrictions | $614,563 |
| 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 | $2,329,581 |