Law Library Microform Consortium
- Assets
- $11.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Eagan, MN
- Founding
- 09/1983
- Data as of
- 04/2020
- EIN
- 99-0169126
Organization Overview
Law Library Microform Consortium is located in Eagan, MN. The organization was established in 1983. 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 04/2020, Law Library Microform Consortium employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 04/2020, Law Library Microform Consortium generated $2.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $1.7m during the year ending 04/2020. While expenses have increased by 0.8% per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVING SOURCE DOCUMENTS AND PROVIDING DIGITAL REPRODUCTIONS OF LEGAL MATERIALS TO SUBSCRIBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAW LIBRARY MICROFORM CONSORTIUM'S (LLMC) PRIMARY MISSION IS TO DIGITIZE AND PRESERVE HISTORICAL LEGAL AND GOVERNMENT MATERIALS. THIS SERVICE IS CRITICAL TO UNIVERSITIES AND SCHOLARS ACROSS THE WORLD ESPECIALLY AS HISTORICAL DOCUMENTS DECAY, SPACE IS LIMITED, AND LIBRARY BUDGETS DECLINE. LLMC IS THE ONLY NONPROFIT ORGANIZATION THAT IS ACTIVELY DIGITIZING AND PRESERVING HISTORICAL LEGAL DOCUMENTS. FROM MAY 1, 2019 - APRIL 30, 2020, LLMC DIGITIZED AND PRESERVED AN ADDITIONAL 2,249 TITLES INCLUDING 8,741 VOLUMES. FOLLOWING THE AUTHORITATIVE DIGITIZATION AND CATALOGING OF THE CONTENT, BOOKS ARE SHIPPED TO SALT MINES FOR PERMANENT PRESERVATION. BY DIGITIZING AND PRESERVING THESE DOCUMENTS, LLMC ASSISTED WITH SPACE ALLOCATION INITIATIVES OF OVER 500 LIBRARIES AND PROVIDED THE EDUCATIONAL COMMUNITY ACCESS TO RARE, UNIQUE LEGAL DOCUMENTS. WITHOUT THIS INITIATIVE, SOME OF THESE HISTORICAL DOCUMENTS WOULD BE LOST FOREVER.AMONG OTHER INITIATIVES, LLMC IS CURRENTLY WORKING ON DIGITIZING THE EARLY STATE RECORDS (ESR). BY DIGITIZING AND ADDING VITAL METADATA TO ALL TITLES ON THIS SUBSTANTIAL MICROFILM COMPILATION, ESR DOCUMENTS WILL BE EASILY DISCOVERABLE BY THE EDUCATIONAL AND LEGAL COMMUNITY. IN 2020, THE ESR COLLECTION WAS THE MOST HEAVILY SEARCHED COLLECTION ON LLMC DIGITAL (LLMC'S ONLINE SERVICE). ESR IS MADE POSSIBLE THROUGH FUNDING BY PATRON LIBRARIES AND LLMC IS ACTIVELY SEEKING ADDITIONAL FUNDING TO COMPLETE THIS IMPORTANT PROJECT.LLMC'S MISSION IS BOTH COST-EFFECTIVE AND ESSENTIAL FOR LIBRARIES AND THE RESEARCH COMMUNITY. THROUGH THE SUPPORT OF OUR MEMBERS, AND OUR ELECTED BOARD OF DIRECTORS, LLMC WILL CONTINUE TO MOVE FORWARD IN ITS MISSION TO PRESERVE A PIECE OF HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Richman Executive Director | OfficerTrustee | 40 | $175,723 |
Kurt Meyer Assistant Director | 40 | $101,605 | |
Richard Amelung Board Chair | OfficerTrustee | 20 | $0 |
Anne Matthewman Treasurer | OfficerTrustee | 2 | $0 |
Lyonette Louis-Jacques Director | Trustee | 1 | $0 |
Judith Russell Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
St Louis University Cataloging | 4/29/20 | $165,800 |
National Business Systems Inc Digital Scanning | 4/29/20 | $625,330 |
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 | $349,537 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $349,537 |
| Total Program Service Revenue | $1,738,702 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,088,239 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $184,132 |
| Compensation of current officers, directors, key employees. | $27,620 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,888 |
| Pension plan accruals and contributions | $22,511 |
| Other employee benefits | $0 |
| Payroll taxes | $23,234 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,356 |
| Fees for services: Accounting | $41,151 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,125 |
| Advertising and promotion | $1,698 |
| Office expenses | $39,771 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,601 |
| Travel | $43,513 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,279 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $261,244 |
| Insurance | $2,911 |
| All other expenses | $3,583 |
| Total functional expenses | $1,716,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,946,527 |
| Savings and temporary cash investments | $125,000 |
| Pledges and grants receivable | $80,000 |
| Accounts receivable, net | $27,229 |
| 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 | $20,923 |
| Net Land, buildings, and equipment | $32,824 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,761,222 |
| Total assets | $10,993,725 |
| Accounts payable and accrued expenses | $121,386 |
| Grants payable | $0 |
| Deferred revenue | $850,534 |
| 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 | $971,920 |
| Net assets without donor restrictions | $9,493,045 |
| Net assets with donor restrictions | $528,760 |
| 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 | $10,993,725 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maharishi Foundation Usa Inc Fairfield, IA | $12,159,563 | $14,805,981 |
Wisconsin Library Services Madison, WI | $3,700,604 | $9,622,100 |
Wildflower Foundation Minneapolis, MN | $6,819,384 | $9,278,118 |
Wisconsin Manufacturing Extension Partnership Inc Madison, WI | $4,911,200 | $6,010,114 |
Law Library Microform Consortium Eagan, MN | $10,993,725 | $2,088,239 |
1house2hands Inc Saint Paul, MN | $14,668,671 | $1,320,728 |
Des Moines Area Medical Education Consortium Inc Des Moines, IA | $394,468 | $922,844 |
Edvisions Schools Inc Bloomington, MN | $607,288 | $1,042,385 |
Arc Upper Valley Inc Grand Forks, ND | $396,067 | $280,819 |
Iowa Farm House Association Des Moines, IA | $4,093,095 | $400,458 |
School Administrators Of South Dakota Pierre, SD | $428,330 | $365,063 |
Blackhawk Technical College Foundation Inc Janesville, WI | $4,645,189 | $1,284,981 |