Law Library Microform Consortium
- Assets
- $11.3m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Eagan, MN
- Founding
- 09/1983
- Data as of
- 04/2024
- 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 04/2024, Law Library Microform Consortium employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Law Library Microform Consortium 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 04/2024, Law Library Microform Consortium generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $1.7m during the year ending 04/2024. 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
2024
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 (LLMC) ACCOMPLISHES ITS MISSION THROUGH THE DIGITIZATION AND THE DISSEMINATION OF THE CONTENT ELECTRONCIALLY THROUGH THE DATABASE, LLMC DIGITAL. LLMC PROVIDES GLOBAL ACCESS TO IMPORTANT LEGAL INFORMATION THAT WOULD OTHERWISE BE AVAILABLE TO A LIMITED NUMBER OF SELECT INDIVIDUALS IF THE CONTENT REMAINED IN PRINT FORMAT ONLY. LLMC REGUARLY PARTNERS WITH LIBRARIES TO DIGITIZE AND SAVE PRINT MATERIALS, ESPECIALLY AS HISTORICAL DOCUMENTS DECAY, LIBRARIES FACE SPACE LIMITATIONS, AND LIBRARY BUDGETS DECLINE. FOLLOWING DIGITZATION, ALL OF THE TITLES ARE EXPERTLY CATALOGED AND THE PHYSICAL BOOKS, MICROFICHE, AND MICROFILM ARE SENT TO SALT MINES FOR PERMANENT PRESERVATION. BY DIGITIZING AND PRESERVING THESE DOCUMENTS, LLMC ASSISTED SPACE ALLOCATION INITATIVES FOR HUNDREDS OF LIBRARIES AND PROVIDED THE EDUCATIONAL COMMUNITY ACCESS TO RARE AND SOMETIMES HARD TO FIND LEGAL DOCUMENTS.THROUGH THESE EFFORTS, LLMC HAS NEARLY 37,000 TITLES AND 97 MILLION IMAGES STORED AND AVAILABLE TO LAWYERS, SCHOLARS, AND OTHER RESEARCHERS AROUND THE WORLD. LLMC ADDITIONALLY PROVIDES FREE, PUBLIC OPEN ACCESS TO A GROWING COLLECTION OF MATERIALS INCLUDING EARLY STATE RECORDS AND INDIGENOUS MATERIALS. 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 THESE CRITICALLY IMPORTANT MATERIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Matthewman Board Chair | OfficerTrustee | 1 | $0 |
Ronald Wheeler Treasurer | OfficerTrustee | 2 | $0 |
Lucy Curci-Gonzalez Board Member | Trustee | 1 | $0 |
James Duggan Board Member | Trustee | 1 | $0 |
Judith Russell Board Member | Trustee | 1 | $0 |
Beth Williams Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Business Systems Inc Digital Scanning & Hosting | 4/29/24 | $1,012,149 |
Saint Louis University Cataloging | 4/29/24 | $223,700 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,627,315 |
| Investment income | $47,411 |
| 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 | $1,674,726 |
| 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. | $201,018 |
| Compensation of current officers, directors, key employees. | $20,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $189,011 |
| Pension plan accruals and contributions | $24,356 |
| Other employee benefits | $12,507 |
| Payroll taxes | $27,314 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,712 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,777 |
| Advertising and promotion | $860 |
| Office expenses | $40,352 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,166 |
| Travel | $28,936 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,794 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $295,816 |
| Insurance | $2,939 |
| All other expenses | $0 |
| Total functional expenses | $1,742,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,794 |
| Savings and temporary cash investments | $1,850,683 |
| Pledges and grants receivable | $27,000 |
| Accounts receivable, net | $56,536 |
| 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 | $86,940 |
| Net Land, buildings, and equipment | $4,208 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,159,180 |
| Total assets | $11,303,341 |
| Accounts payable and accrued expenses | $111,574 |
| Grants payable | $0 |
| Deferred revenue | $851,474 |
| 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 | $963,048 |
| Net assets without donor restrictions | $10,340,293 |
| Net assets with donor restrictions | $0 |
| 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 | $11,303,341 |