MINNESOTA STATE BAR ASSOCIATION

EIN: 411112298

MINNEAPOLS, MN

Total Revenue
$5,751,146
Total Expenses
$6,178,276
Total Assets
$8,425,089
Net Assets
$3,975,266
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MN
Principal Officer
CHERYL DALBY
Phone
6123331183
Tax Period
2024-07-01 to 2025-06-30

MINNESOTA STATE BAR ASSOCIATION, founded in 1973, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.

Mission

PROMOTE THE STUDY & UNDERSTANDING OF LAW AMONG MEMBERS OF THE BAR & GENERAL PUBLIC

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,797
Program Service Revenue $5,374,900
Investment Income $322,704
Other Revenue $35,745
TOTAL REVENUE $5,751,146

Expense Breakdown

Grants Paid $391,253
Salaries & Benefits $2,445,629
Fundraising Expenses $0
Other Expenses $3,341,394
TOTAL EXPENSES $6,178,276

Year-over-Year Comparison

2024 2023 Change
Revenue $5,751,146 $7,080,970 -0.2%
Expenses $6,178,276 $5,914,027 +0.0%
Net Income $-427,130 $1,166,943 -1.4%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
49
Volunteers
200

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$381,909
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAMUEL J EDMUNDS PRESIDENT, BOARD MEMBER 24.00
Officer Director
$0 $0 $0
TOM PACK PRESIDENT-ELECT, BOARD MEMBER 15.00
Officer Director
$0 $0 $0
NICOLE KETTWICK SECRETARY, BOARD MEMBER 7.00
Officer Director
$0 $0 $0
KENYA BODDEN TREASURER, BOARD MEMBER 7.00
Officer Director
$0 $0 $0
LANDON ASCHEMAN BOARD MEMBER 0.50
Director
$0 $0 $0
CARYN A BOISEN BOARD MEMBER 0.50
Director
$0 $0 $0
CAMILLE BRYANT BOARD MEMBER 0.50
Director
$0 $0 $0
SARAH SOUCIE EYBERG BOARD MEMBER 0.50
Director
$0 $0 $0
LEANNE FUITH BOARD MEMBER 0.50
Director
$0 $0 $0
MICHELLE GIBBONS BOARD MEMBER 0.50
Director
$0 $0 $0
CHARLES MACLEAN BOARD MEMBER 0.50
Director
$0 $0 $0
BROOK MALLAK BOARD MEMBER 0.50
Director
$0 $0 $0
CHRISTA MOSENG BOARD MEMBER 0.50
Director
$0 $0 $0
VERONICA NEWCOMER BOARD MEMBER 0.50
Director
$0 $0 $0
CARRIE OSOWSKI BOARD MEMBER 0.50
Director
$0 $0 $0
GARRET PREHATNEY BOARD MEMBER 0.50
Director
$0 $0 $0
MATTHEW RALPH BOARD MEMBER 0.50
Director
$0 $0 $0
MAXWELL RIEBEL BOARD MEMBER 0.50
Director
$0 $0 $0
REGINALD SNELL BOARD MEMBER 0.50
Director
$0 $0 $0
JESSIE L SOGGE BOARD MEMBER 0.50
Director
$0 $0 $0
BRANDON VAUGHN BOARD MEMBER 0.50
Director
$0 $0 $0
CHERYL DALBY CEO 40.00
Officer
$228,255 $38,092 $266,347
TIM GIVING DIRECTOR OF FINANCE 26.00
Officer
$91,037 $24,525 $115,562
PAULA SCHULZE SENIOR DIRECTOR OF ADMINISTRATION 22.00
Highest
$137,121 $24,142 $161,263
JOSEPH SATTER SENIOR DIRECTOR OF COMMUNICATIONS 28.00
Highest
$133,266 $23,391 $156,657
NANCY MISCHEL SENIOR DIRECTOR OF POLICY 38.00
Highest
$146,453 $21,002 $167,455
JENNIFER CARTER SENIOR DIRECTOR OF LEGAL PRACTICE TECHNOLOGY 36.00
Highest
$103,768 $28,957 $132,725
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,751,146 $6,178,276 $8,425,089 $-427,130
2024 $7,080,970 $5,914,027 $7,368,268 $1,166,943
2023 $5,490,582 $5,855,235 $6,678,188 $-364,653
2022 $5,816,398 $5,483,860 $6,412,975 $332,538
2021 $5,629,437 $5,512,198 $7,007,453 $117,239
2020 $5,909,952 $5,970,280 $5,749,282 $-60,328
2019 $6,070,399 $6,328,182 $6,310,790 $-257,783
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MINNESOTA STATE BAR ASSOCIATION with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.