Treasurer’s Financial Page

Dr. Peter Hepburn
ALA Treasurer (2022-2025)
College of the Canyons
Santa Clarita, CA

Contact the Treasurer or Executive Board

An Update from the Treasurer

When 2023 began, I was optimistic about ALA’s financial situation. I remain so, though there are some things that bear watching and even correcting course on. ALA has historically drawn significant revenue from conferences and publishing, two sources that still face challenges to stability and growth. The divisions and round tables have worked hard to control expenses and have contributed significantly to ALA’s fiscal viability. The association continues to seek to develop new revenue streams, such as data design and research. Most critically, though, is how the strength of contributed revenues has bolstered our financial fortunes. Sustaining this revenue stream will be a challenge, but it provides us with some cushion needed for growing the newer revenue streams even as we seek to stabilize more established ones. Now that we have begun FY2024, ALA staff, member leaders, and I will work to preserve reason for ongoing optimism.

Key documents

In general, the financial documents that such bodies as the Executive Board, Council, the Finance and Audit Subcommittee, and the Budget Analysis and Review Committee discuss are available to all ALA members. A number of key documents are linked below.

• Current FY budget
• 5-year plan
• Financial Handbook
• FY23 Audited Financials

All non-confidential Council and Executive Board documents are available on the ALA site.

ALA Endowment

The ALA Endowment Fund is a long-term measure designed to support the mission and programs of the association. The ALA Treasurer serves on the board of the Endowment Trustees in an ex officio capacity. Use the links below to learn more about or give to the Endowment.

• About the Endowment
• Give to the Endowment

Financial Orientation & Learning

ALA offers orientation to and education regarding its finances. The links below provide members with access to the various resources.

• Orientation
• Learning Series