Financial Learning

The accompanying financial data represent the accounts of the American Library Association (the Association) and its affiliate, the ALA Allied Professional Association, Inc. (the ALA-APA).

The Association, a not for profit corporation under Section 501(c)3 of the Internal Revenue Code the (the Code) and the oldest and largest national library association in the world, is organized to promote libraries and librarianship.  Governed by a council of 182 members (the Council) and representing more than 64,700 personal and organizational members, the mission of the Association is to provide leadership for the development, promotion, and improvement of library and information services and the profession of librarianship in order to enhance learning and ensure access to information for all.

The Association is a tax-exempt organization under Section 501(c)(3) of the Code.  The ALA-APA is exempt under Section 501(c)(6) of the Code.  Section 501(c)(3) and Section 501(c)(6) organizations are taxed only on income classified as unrelated business income.  The ALA-APA does not currently have any unrelated business income.  The Association has income derived from dues, conference, publishing, grants and investment income.  Unrelated business income is taxed in accordance with federal and state income tax regulations.

Learning/Information Sections

ALA Finance 101

Financial Principles Overview 
Financial Primer 
Operating Agreement  
Operating Agreement Presentation 
Operating Agreement Handout 
Indirect Cost Fact Sheet  
Round Tables Financial Planning  
ALA Primer
BARC Orientation

Oversight Groups

ALA Financial Team
Budget Analysis and Review Committee (BARC)
Endowment Trustees
Finance and Audit Committee (F&A)
Planning and Budget Assembly (PBA)

Other Links

Operating Agreement
Indirect Cost Fact Sheet (PDF)
Endowment Fund Fact Sheet (Word)
Endowment Policy 8.5.1 (Word)