American Theological Library Assoc
- Assets
- $18.4m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 45
- Location
- Chicago, IL
- Founding
- 04/1960
- Data as of
- 08/2021
- EIN
- 74-1473899
Organization Overview
American Theological Library Assoc is located in Chicago, IL. The organization was established in 1960. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 08/2021, American Theological Library Assoc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Theological Library Assoc 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 08/2021, American Theological Library Assoc generated $8.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $7.3m during the year ending 08/2021. While expenses have increased by 3.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER THE STUDY OF THEOLOGY AND RELIGION BY ENHANCING THE DEVELOPMENT OF THEOLOGICAL AND RELIGIOUS STUDIES LIBRARIES AND LIBRARIANSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATLA SUPPORTS ITS MEMBERSHIP BY: 1) CREATING DATABASES FOR SCHOLARLY RESEARCH IN THEOLOGY AND RELIGION THAT LIBRARIES OFFER TO THE STUDENTS AND FACULTY THEY SERVE, AND 2) PROVIDING PROFESSIONAL DEVELOPMENT AND COLLABORATIVE PROJECTS FOR LIBRARIANS THAT ARE CREATED AND MANAGED BY THE MEMBER PROGRAMS DEPARTMENT. THESE OPPORTUNITIES INCLUDE AN ANNUAL CONFERENCE, WORKSHOPS, WEBINARS, RECIPROCAL BORROWING BETWEEN LIBRARIES, AND OPEN ACCESS PUBLICATIONS. DURING FISCAL YEAR 2021, ATLA EXPANDED THE AMOUNT OF CONTENT IN THE ATLA RELIGION DATABASE TO OVER 3 MILLION BIBLIOGRAPHIC REFERENCES. THE FULL TEXT CONTENT IN ATLAS AND ATLAS PLUS IS NOW 586 TITLES. THE ATLA ANNUAL CONFERENCE WAS HELD AS AN ONLINE ONLY EVENT AND ATTRACTED OVER 350 ATTENDEES. ATLA OPEN PRESS PUBLISHED 4 NEW BOOKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Bailey-Hainer Executive Director | Officer | 40 | $253,163 |
Maria Stanton Director Of Production | 40 | $166,231 | |
Margot Lyon Director Of Business Development | 40 | $163,033 | |
Marie Jacobsen Director Of Financial Servivces | Officer | 40 | $154,659 |
Douglas Scheftner Site Manager | 40 | $122,888 | |
James Butler Director Of Information Systems | 40 | $120,073 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $685,982 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,541 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $746,523 |
| Total Program Service Revenue | $7,413,090 |
| Investment income | $36,009 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $53 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,222,595 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $25,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $406,995 |
| Compensation of current officers, directors, key employees. | $383,932 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,776,401 |
| Pension plan accruals and contributions | $193,243 |
| Other employee benefits | $300,391 |
| Payroll taxes | $161,527 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,312 |
| Fees for services: Accounting | $45,770 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,960 |
| Fees for services: Other | $271,568 |
| Advertising and promotion | $35,095 |
| Office expenses | $116,241 |
| Information technology | $288,207 |
| Royalties | $1,085,927 |
| Occupancy | $382,556 |
| Travel | $36,457 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,241 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,045,829 |
| Insurance | $38,285 |
| All other expenses | $0 |
| Total functional expenses | $7,348,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $427,489 |
| Savings and temporary cash investments | $3,347,931 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,082,195 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $310,789 |
| Net Land, buildings, and equipment | $532,763 |
| Investments—publicly traded securities | $5,620,641 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,080,170 |
| Other assets | $0 |
| Total assets | $18,401,978 |
| Accounts payable and accrued expenses | $1,293,440 |
| Grants payable | $0 |
| Deferred revenue | $5,248,028 |
| 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 | $0 |
| Total liabilities | $6,541,468 |
| Net assets without donor restrictions | $11,235,496 |
| Net assets with donor restrictions | $625,014 |
| 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 | $18,401,978 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Theological Library Assoc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $852,228 |
| Earnings | $275,408 |
| Net Contributions | $8,654 |
| Ending Balance | $1,136,290 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Indiana Educational Service Center Indianapolis, IN | $10,545,189 | $14,759,345 |
Maharishi Foundation Usa Inc Fairfield, IA | $13,469,857 | $14,517,484 |
Wisconsin Library Services Madison, WI | $3,399,343 | $10,812,527 |
American Theological Library Assoc Chicago, IL | $18,401,978 | $8,222,595 |
Center For Research Libraries Chicago, IL | $24,550,966 | $8,516,170 |
Wisconsin Manufacturing Extension Partnership Inc Madison, WI | $4,454,463 | $6,124,357 |
Chicago Public Education Fund Chicago, IL | $21,727,022 | $5,321,467 |
Kuali Foundation Inc Bloomington, IN | $3,569,859 | $4,499,882 |
National Association Of Charter School Authorizers Chicago, IL | $6,426,889 | $6,470,575 |
Regeneration Schools Chicago, IL | $3,849,908 | $2,448,192 |
La Porte Elementary School Building Corporation Laporte, IN | $128,469,529 | $7,375,015 |
Center For Innovative Education Solutions Inc Indianapolis, IN | $11,425,691 | $2,252,415 |