Minnesota Library Association FY2020 filing

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An association of library supporters, respresenting all types of libraries by helping them accomplish together what none can do alone. MLA serves the interests of its members by facilitating educational opportunities, supporting ethical standard, legislative assestance and fostering connections.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $7K a year · 3% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
9 mo
of spending, in cash
Looks good: 9.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$22K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$135K
Spent
$171K
To programs
0%
Net assets
$126K
By yearFY2020–FY2024
Revenue
$135K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$135K
FY2021$147K
FY2022$284K
FY2023$328K
FY2024$282K
Expenses
$171K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$171K
FY2021$157K
FY2022$270K
FY2023$318K
FY2024$295K
Net assets
$126K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$126K
FY2021$116K
FY2022$151K
FY2023$175K
FY2024$163K

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1968.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
Attachment
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports libraries by offering education, ethical guidance, and legislative help to achieve common goals.

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Provided by the organization

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2 programs · in their own filed words · FY2020
01

The organization was engaged in legislative efforts to secure funding to provide quality library services for all Minnesota citizens; advocated for inellectual freedom and opposed library censorship; and educated library advocates and elected officials about community centers and destination points.

Pt IX · col B
02

Provided continuing education for members and supporters through events and conferences. Hhsted a state-wide conference and a handful of smaller events during the year, involving approximately 930 participants.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$135K
Ln 12
Fees for servicesLn 2g$128K
Gifts and grantsLn 1h$8K
Money outPt IX
$171K
Ln 25
Owns and owesPt X
$126K
net assets · Ln 32
Cash and savingsLn 1–2$131K
Total assetsLn 16$148K
LiabilitiesLn 26$22K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8K
Fees for servicesLn 2g$128K
Total revenueLn 12$135K
Assets in detailPt X, end of year
CashLn 1$131K
Cash and savings togetherLn 1–2$131K
Total assetsLn 16$148K
LiabilitiesLn 26$22K
Net assetsLn 32$126K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$147K$131K
Total assetsLn 16$177K$148K
LiabilitiesLn 26$7K$22K
Net assetsLn 32$169K$126K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$93K$0$0$0
Accounting feesLn 11c$5K$0$0$0
Lobbying feesLn 11d$63K$0$0$0
Office expensesLn 13$74$0$0$0
TravelLn 17$463$0$0$0
InsuranceLn 23$1K$0$0$0
Other expenses (24a–d)Ln 24$8K$0$0$0
Total functional expensesLn 25$171K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $282K$295K−$13K$163K 990 PDF
FY2023 $328K$318K$10K$175K 990 PDF
FY2022 $284K$270K$13K$151K 990 PDF
FY2021 $147K$157K−$10K$116K 990 PDF
FY2020 Viewing $135K$171K−$36K$126K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $135,464 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $23,806$7,593
I-9 Program service revenuePrior year $267,199$127,871
I-10 Investment incomePrior year $81$0
I-11 Other revenuePrior year $2,275$0
I-12 Total revenuePrior year $293,361$135,464
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $341,889$170,966
I-18 Total expensesPrior year $341,889$170,966
I-19 Revenue less expensesPrior year −$48,528−$35,502
Part VI · Governance 12 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $135,464 across 4 lines filed
VIII-1f All other contributions, gifts and grants$7,593
VIII-1h Total contributions, gifts and grants$7,593
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$127,871
VIII-12 Total revenueRelated to mission $127,871 · Unrelated business $0 · Excluded from tax $0$135,464
Part IX · Statement of functional expenses $170,966 across 7 lines filed
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$92,517
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$5,200
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$63,100
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$74
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$463
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$1,408
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $0$8,204
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$170,966
Part X · Balance sheet $147,973 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $147,366$131,206
X-4 Accounts receivableStart of year $12,504$3,359
X-9 Prepaid expenses and deferred chargesStart of year $16,694$13,408
X-16 Total assetsStart of year $176,564$147,973
X-17 Accounts payable and accrued expensesStart of year $7,415$3,500
X-19 Deferred revenue$18,650
X-26 Total liabilitiesStart of year $7,415$22,150
X-27 Net assets without donor restrictionsStart of year $169,149$125,823
X-32 Total net assets or fund balancesStart of year $169,149$125,823
X-33 Total liabilities and net assetsStart of year $176,564$147,973
Part XI · Reconciliation of net assets $125,823 net assets at year end
XI-1 Total revenue$135,464
XI-2 Total expenses$170,966
XI-3 Revenue less expenses−$35,502
XI-4 Net assets at start of year$169,149
XI-10 Net assets at end of year$125,823

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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