Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $479,588

• 1f · All other contributions, gifts and grants

  $3,374,343

• 1g · Noncash contributions included above

  $679,201

• 2a · Program service revenue: CLE PROGRAMS, PRODUCTS, AND PARTN

  total $4,445,634 · related or exempt $4,445,634

• 2b · Program service revenue: ALI PUBLICATIONS AND RELATED ROYA

  total $3,304,018 · related or exempt $3,304,018

• 3 · Investment income

  total $2,672,503 · excluded $2,672,503

• 6a · Gross rents

  real property $537,491

• 6b · Less rental expenses

  real property $380,882

• 6c · Rental income or loss

  real property $156,609

• 6d · Net rental income or loss

  total $156,609 · excluded $156,609

• 7a · Gross sales of assets other than inventory

  securities $7,518,540

• 7b · Less cost or other basis and sales expenses

  securities $7,222,575

• 7c · Gain or loss

  securities $295,965

• 7d · Net gain or loss

  total $295,965 · excluded $295,965

• 10a · Gross sales of inventory

  $439,944

• 10b · Cost of goods sold

  $271,690

• 10c · Net income from sales of inventory

  total $168,254 · related or exempt $168,254

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $41,534 · program services $41,534

• 2 · Grants to domestic individuals

  total $1,012,078 · program services $1,012,078

• 5 · Compensation of officers, directors and key employees

  total $892,928 · program services $502,542 · management and general $350,310 · fundraising $40,076

• 7 · Other salaries and wages

  total $4,639,317 · program services $3,310,676 · management and general $1,225,358 · fundraising $103,283

• 8 · Pension plan contributions

  total $330,078 · program services $235,547 · management and general $87,182 · fundraising $7,349

• 9 · Other employee benefits

  total $860,102 · program services $613,780 · management and general $227,174 · fundraising $19,148

• 10 · Payroll taxes

  total $413,742 · program services $297,072 · management and general $106,287 · fundraising $10,383

• 11a · Fees: management

  total $100,000 · management and general $100,000

• 11b · Fees: legal

  total $117,428 · management and general $117,428

• 11c · Fees: accounting

  total $68,600 · program services $332 · management and general $68,268

• 11d · Fees: lobbying

  total $30,000 · program services $30,000

• 11f · Fees: investment management

  total $382,388 · management and general $382,388

• 12 · Advertising and promotion

  total $203,588 · program services $186,333 · management and general $10,922 · fundraising $6,333

• 13 · Office expenses

  total $201,565 · program services $116,193 · management and general $83,504 · fundraising $1,868

• 14 · Information technology

  total $238,490 · program services $165,750 · management and general $66,716 · fundraising $6,024

• 15 · Royalties

  total $7,599 · program services $7,599

• 16 · Occupancy

  total $252,517 · program services $154,447 · management and general $91,692 · fundraising $6,378

• 17 · Travel

  total $456,883 · program services $442,710 · management and general $14,173

• 18 · Travel or entertainment for public officials

  total $24,610 · program services $24,610

• 19 · Conferences, conventions and meetings

  total $2,283,887 · program services $2,054,185 · management and general $228,908 · fundraising $794

• 22 · Depreciation, depletion and amortization

  total $246,001 · program services $207,183 · management and general $32,605 · fundraising $6,213

• 23 · Insurance

  total $116,569 · management and general $116,569

• 24e · All other expenses

  total $559,977 · program services $458,843 · management and general $101,119 · fundraising $15

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,244,500 · end of year $3,424,714

• 4 · Accounts receivable

  beginning of year $3,144,928 · end of year $3,951,572

• 8 · Inventories for sale or use

  beginning of year $3,798 · end of year $201

• 9 · Prepaid expenses and deferred charges

  beginning of year $269,052 · end of year $238,942

• 10a · Land, buildings and equipment: cost or other basis

  $10,745,999

• 10b · Land, buildings and equipment: accumulated depreciation

  $8,376,993

• 10c · Land, buildings and equipment, net

  beginning of year $2,232,519 · end of year $2,369,006

• 11 · Investments: publicly traded securities

  beginning of year $78,134,091 · end of year $84,149,895

• 12 · Investments: other securities

  beginning of year $1,012,980 · end of year $1,174,998

• 13 · Investments: program-related

  beginning of year $853,749 · end of year $868,158

• 15 · Other assets

  beginning of year $1,067,857 · end of year $1,063,418

• 17 · Accounts payable and accrued expenses

  beginning of year $1,909,811 · end of year $1,577,819

• 19 · Deferred revenue

  beginning of year $601,934 · end of year $491,461

• 21 · Escrow or custodial account liability

  beginning of year $22,735 · end of year $22,735

• 25 · Other liabilities

  beginning of year $1,501,983 · end of year $1,384,614

• 27 · Net assets without donor restrictions

  beginning of year $78,143,128 · end of year $84,916,291

• 28 · Net assets with donor restrictions

  beginning of year $7,783,883 · end of year $8,847,984

The filer's explanations (Part III)

PART I, LINE 7

DISCRETIONARY BONUSES WERE PAID IN ACCORDANCE WITH ALI'S COMMITMENT TO PAYING TOTAL COMPENSATION THAT IS REASONABLE AND THAT REFLECTS AN AMOUNT THAT MAY BE PAID BY SIMILAR ORGANIZATIONS FOR SIMILAR SERVICES.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• AMERICAN LAW INSTITUTE PUBLISHERS

  RELATED · PUBLISHES LAW BOOKS · MN · 75% owned · share of income $2,139,252 · share of assets $868,156