Treasurer’s Financial Page

ƵFinancial Information by Treasurer and Budget Analysis Review Committtee (BARC)

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ƵTreasurer Peter Hepburn

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

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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. Ƶhas 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, Ƶstaff, member leaders, and I will work to preserve reason for ongoing optimism.


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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 Ƶmembers. A number of key documents are linked below.

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

ƵEndowment

The ƵEndowment Fund is a long-term measure designed to support the mission and programs of the association. The ƵTreasurer 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.

Financial Orientation & Learning

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


Upcoming meetings

Pre-Annual Conference Finance Meetings

Monday, June 24, 2024
Virtual Budget Analysis & Review Committee (BARC)/Finance & Audit Subcommittee Meeting
11:00 am - 1:30 pm CT

Virtual Planning & Budget Assembly (PBA), Division Leadership, & BARC Meeting
2:30 pm - 4:30 pm CT

Use this form to contact the Treasurer or Executive Board