Modern Language Association Of America
- Assets
- $38.9m
- Revenue
- $17.0m
- Investments
- $12.8m
- Employees
- 163
- Location
- New York, NY
- Founding
- 05/1942
- Data as of
- 08/2023
- EIN
- 13-5253530
Organization Overview
Modern Language Association Of America is located in New York, NY. The organization was established in 1942. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Modern Language Association Of America employed 163 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Modern Language Association Of America 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 08/2023, Modern Language Association Of America generated $17.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $15.9m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MLA IS DEVOTED TO ENCOURAGING THE STUDY & TEACHING OF MODERN LANGUAGES AND LITERATURE.
Describe the Organization's Program Activity:
BIBLIOGRAPHY AND PUBLICATIONS:SEE SCHEDULE O.
CONVENTION, MEMBERSHIP, AND PROFESSIONAL ACTIVITIES:SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher John Newfield President (to 1/2023) | OfficerTrustee | 2 | $0 |
Frieda Ekotto President | OfficerTrustee | 5 | $0 |
Dana A Williams First Vice-President | OfficerTrustee | 5 | $0 |
Tina Lu Second Vice-President | OfficerTrustee | 5 | $0 |
Ama Bemma Adwetewa-Badu Executive Council Member | Trustee | 1 | $0 |
Anjali Prabhu Executive Council Member (to 1/2023) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thaumaturgix Inc Web Design | 8/30/23 | $269,419 |
Innodata Inc Website Consultant | 8/30/23 | $168,000 |
Stigroup Ltd It Support Services | 8/30/23 | $150,802 |
Convex Technologies Inc Website Consultant | 8/30/23 | $134,000 |
Silverchair Science & Communications Llc Web Design | 8/30/23 | $115,956 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,775,154 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,775,154 |
| Total Program Service Revenue | $13,991,775 |
| Investment income | $217,754 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,671 |
| Net Rental Income | $1,123,596 |
| Net Gain/Loss on Asset Sales | -$123,135 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,016,262 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $173,129 |
| Grants and other assistance to domestic individuals. | $109,054 |
| Grants and other assistance to Foreign Orgs/Individuals | $27,272 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $523,826 |
| Compensation of current officers, directors, key employees. | $397,929 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,968,083 |
| Pension plan accruals and contributions | $559,750 |
| Other employee benefits | $829,392 |
| Payroll taxes | $443,014 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $122,425 |
| Fees for services: Accounting | $122,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,452 |
| Fees for services: Other | $442,399 |
| Advertising and promotion | $27,167 |
| Office expenses | $288,914 |
| Information technology | $1,182,199 |
| Royalties | $9,106 |
| Occupancy | $1,651,216 |
| Travel | $156,689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $430,861 |
| Interest | $2,285 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $190,379 |
| Insurance | $85,334 |
| All other expenses | $0 |
| Total functional expenses | $15,887,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,236 |
| Savings and temporary cash investments | $3,198,476 |
| Pledges and grants receivable | $750,000 |
| Accounts receivable, net | $2,106,339 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $216,380 |
| Prepaid expenses and deferred charges | $1,643,136 |
| Net Land, buildings, and equipment | $700,150 |
| Investments—publicly traded securities | $4,642,954 |
| Investments—other securities | $12,823,245 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,733,911 |
| Total assets | $38,860,827 |
| Accounts payable and accrued expenses | $975,403 |
| Grants payable | $0 |
| Deferred revenue | $1,439,304 |
| 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 | $14,439,220 |
| Total liabilities | $16,853,927 |
| Net assets without donor restrictions | $15,775,698 |
| Net assets with donor restrictions | $6,231,202 |
| 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 | $38,860,827 |
Grants Awarded
Over the last fiscal year, Modern Language Association Of America has awarded $138,793 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL HUMANITIES ALLIANCE PURPOSE: OPERATIONAL SUPPORT | $41,495 |
TEXAS A&M UNIVERSITY PURPOSE: OPERATIONAL SUPPORT | $57,830 |
INDIANA UNIVERSITY PURPOSE: RESEARCH PROJECT | $16,150 |
SIGN LANGUAGE RESOURCES PURPOSE: ASL INTERPRETATION | $23,318 |