Law Library Microform Consortium

Analysis

Law Library Microform Consortium is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Law Library Microform Consortium reported income of $1.7m and spending of $1.7m, spending 104% of its income. Across the 6 years on record, from April 2019 to April 2024, income fell from $2.1m to $1.7m (-19%), an average of -4.1% a year. The sharpest change came in the year to April 2023, when income dropped by 18%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Law Library Microform Consortium sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Teen Challenge Illinois ($1.7m), San Luis Obispo Child Development Center ($1.7m) and Muslim Community of Western Suburbs of Detroit ($1.7m).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $201k (12% of expenses). Other salaries and wages came to $189k. At year end it held assets of $11.3m against liabilities of $963k, net assets of $10.3m. It reported 3 employees.