Multi-State Lottery Association FY2021 filing

Tax-deductible

Johnston, IA501(c)(3)Since 1988Public & Societal BenefitEIN 42-1302701Revenue $1.3M in FY2021

On file with the IRS8101 Birchwood Court, 50131-2930 · Johnston, IATax-exempt since Mar 1990Supporting organization — 509(a)(3)

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The Multi-State Lottery Association MUSL is a non-profit government benefit voluntary association that is entirely owned and operated by its 38 member lotteries. Each MUSL member lottery offers one or more multi-jurisdictional lottery games administered with the assistance of MUSL. All profits are retained by the individual lotteries and are used to fund projects or purposes approved by their authorizing legislatures. Among the services offered to member and licensee lotteries MUSL conducts drawings; performs game development and research; provides central accounting including multi-jurisdictional prize fund holdings and transfer; and purchases government securities and annuities to fund prize payments.

501(c)(3) charity; gifts are tax-deductible.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $10.5M a year · 43% of revenue · last 5 filings
Worth a look: a surplus in 3 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
Pay to officers and key staff
$1.1M
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
Cash reserves
1639 mo
of spending, in cash
Looks good: 1638.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$836.4M
99% of total assets
Concern: liabilities are 99% of assets; over 80%.
Pt X · Ln 26
Independent board members
38
of 38 voting members
Looks good: 38 of 38 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
Spent
$4.8M
To programs
0%
Net assets
$12.2M
By yearFY2021–FY2025
Revenue
$1.3M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$1.3M
FY2022$3.4M
FY2023$30.9M
FY2024$45.6M
FY2025$40.6M
Expenses
$4.8M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$4.8M
FY2022$5.6M
FY2023$6.4M
FY2024$17.4M
FY2025$35.5M
Net assets
$12.2M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$12.2M
FY2022$10.1M
FY2023$34.7M
FY2024$62.8M
FY2025$68.0M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1990.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $4.8M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

44 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$327,506Pt VII · Sec A
Deputy Executive Director
$179,031Pt VII · Sec A
Chief Audit Executive and Ethics Officer
$169,864Pt VII · Sec A
Director of Information Security
$153,191Pt VII · Sec A
Senior Developer
$126,904Pt VII · Sec A
General Counsel
$125,230Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

J Bret Toyne’s $372K as Executive Director is at the 64th percentile of top reported officer pay among 232 $10–100M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
J Bret Toyne$371,730$373,463$355,387$319,755$327,506
Wayne Dolezal$215,541$206,548$197,821$181,152$179,031
Robert Nitz$194,327$188,191$177,980$149,560$153,191
Patricia Lantz$182,397$174,305$151,008$128,348$125,230
Charles Phillips——$181,501$167,280$169,864
Shannon Underwood$168,911$161,490$150,877——
Dallas Beek$164,141$153,300$146,387$132,369$126,904
Sue Dooley$132,380$126,812———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes

Programs and updates

Administers multi-jurisdictional lottery games, conducts drawings, and provides accounting and security-purchasing services for its 38 member and licensee government lotteries.

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Investment incomeLn 3$818K
Other incomeLn 4–11$506K
Money outPt IX
$4.8M
Ln 25
Managementcol C$4.8M
Owns and owesPt X
$12.2M
net assets · Ln 32
Cash and savingsLn 1–2$659.9M
Total assetsLn 16$848.6M
LiabilitiesLn 26$836.4M
PeoplePt VI, VII
44
listed · VII A
PaidVII A6
Voting boardVI 1a38
IndependentVI 1b38
2In more detail
Revenue in detailPt VIII
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$818K
Other incomeLn 4–11$506K
Gains on assetsLn 7$0
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$659.9M
Cash and savings togetherLn 1–2$659.9M
InvestmentsLn 11–13$133.5M
Land, buildings, equipmentLn 10c$1.6M
Total assetsLn 16$848.6M
LiabilitiesLn 26$836.4M
Net assetsLn 32$12.2M
OperationsPt I, VI
EmployeesI 530
VolunteersI 60
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$362.3M$659.9M
InvestmentsLn 11–13$143.7M$133.5M
Land, buildings, equipmentLn 10c$536K$1.6M
Total assetsLn 16$534.3M$848.6M
LiabilitiesLn 26$519.6M$836.4M
Net assetsLn 32$14.7M$12.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$320K$0$320K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$1.8M$0$1.8M$0
Pension plan contributionsLn 8$169K$0$169K$0
Other employee benefitsLn 9$255K$0$255K$0
Payroll taxesLn 10$149K$0$149K$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$262K$0$262K$0
Accounting feesLn 11c$91K$0$91K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$267K$0$267K$0
Other fees for servicesLn 11g$385K$0$385K$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$28K$0$28K$0
Information technologyLn 14$394K$0$394K$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$169K$0$169K$0
TravelLn 17$29K$0$29K$0
Travel and entertainment for public officialsLn 18$318$0$318$0
Conferences, conventions and meetingsLn 19$51$0$51$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$255K$0$255K$0
InsuranceLn 23$173K$0$173K$0
Other expenses (24a–d)Ln 24$61K$0$61K$0
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$4.8M$0$4.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $40.6M$35.5M$5.2M$68.0M 990 PDF
FY2024 $45.6M$17.4M$28.2M$62.8M 990 PDF
FY2023 $30.9M$6.4M$24.6M$34.7M 990 PDF
FY2022 $3.4M$5.6M−$2.1M$10.1M 990 PDF
FY2021 Viewing $1.3M$4.8M−$3.5M$12.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $1,324,240 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $373,757$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $6,678,268$818,386
I-11 Other revenuePrior year $471,121$505,854
I-12 Total revenuePrior year $7,523,146$1,324,240
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,647,576$2,717,325
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $11,133,959$2,114,937
I-18 Total expensesPrior year $13,781,535$4,832,262
I-19 Revenue less expensesPrior year −$6,258,389−$3,508,022
Part VI · Governance 38 of 38 board members independent, no flags
VI-1a Voting members of the governing body38
VI-1b Independent voting members38
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,324,240 across 14 lines filed
Lines not itemized here account for $480,719 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeRelated to mission $818,386 · Unrelated business $0 · Excluded from tax $0$818,386
VIII-5 RoyaltiesRelated to mission $25,135 · Unrelated business $0 · Excluded from tax $0$25,135
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $1,230,112 · Unrelated business $94,128 · Excluded from tax $0$1,324,240
Part IX · Statement of functional expenses $4,832,262 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $319,632 · Fundraising $0$319,632
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $1,825,267 · Fundraising $0$1,825,267
IX-8 Pension plan contributionsPrograms $0 · Management $168,560 · Fundraising $0$168,560
IX-9 Other employee benefitsPrograms $0 · Management $254,637 · Fundraising $0$254,637
IX-10 Payroll taxesPrograms $0 · Management $149,229 · Fundraising $0$149,229
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $262,373 · Fundraising $0$262,373
IX-11c Accounting feesPrograms $0 · Management $91,243 · Fundraising $0$91,243
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $267,423 · Fundraising $0$267,423
IX-11g Other fees for servicesPrograms $0 · Management $385,196 · Fundraising $0$385,196
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $0 · Management $27,753 · Fundraising $0$27,753
IX-14 Information technologyPrograms $0 · Management $393,930 · Fundraising $0$393,930
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $168,747 · Fundraising $0$168,747
IX-17 TravelPrograms $0 · Management $29,311 · Fundraising $0$29,311
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $318 · Fundraising $0$318
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $51 · Fundraising $0$51
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $254,940 · Fundraising $0$254,940
IX-23 InsurancePrograms $0 · Management $172,701 · Fundraising $0$172,701
IX-24 Other expenses (24a–d)Programs $0 · Management $60,951 · Fundraising $0$60,951
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $0 · Management $4,832,262 · Fundraising $0$4,832,262
Part X · Balance sheet $848,609,729 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $362,307,495$659,857,498
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $27,316,232$53,325,555
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $54,027$56,385
X-10c Land, buildings and equipment, netStart of year $535,719$1,647,396
X-11 Publicly traded securities$0
X-12 Other securitiesStart of year $143,729,675$133,466,538
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $0$256,357
X-16 Total assetsStart of year $534,266,385$848,609,729
X-17 Accounts payable and accrued expensesStart of year $420,540$559,411
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $2,484,634$768,745
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $516,650,522$835,067,715
X-26 Total liabilitiesStart of year $519,555,696$836,395,871
X-27 Net assets without donor restrictionsStart of year $14,710,689$12,213,858
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $14,710,689$12,213,858
X-33 Total liabilities and net assetsStart of year $534,266,385$848,609,729
Part XI · Reconciliation of net assets $12,213,858 net assets at year end
XI-1 Total revenue$1,324,240
XI-2 Total expenses$4,832,262
XI-3 Revenue less expenses−$3,508,022
XI-4 Net assets at start of year$14,710,689
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$1,011,191
XI-10 Net assets at end of year$12,213,858

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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