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
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Financial Vulnerability Assessment (Tuckman-Chang)

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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

MINNESOTA STATE BAR ASSOCIATION PROMOTES THE HIGHEST STANDARDS OF EXCELLENCE AND INCLUSION WITHIN THE LEGAL PROFESSION, PROVIDES VALUED RESOURCES TO ITS MEMBERS, AND STRIVES TO IMPROVE THE LAW AND THE EQUAL ADMINISTRATION OF JUSTICE FOR ALL.

Program Service Accomplishments

Program 1

BENCH & BAR IS MSBA'S PREMIER PUBLICATION, PROVIDING MEMBERS WITH MONTHLY UPDATES ON DEVELOPMENTS IN THE LAW, ISSUES FACING THE PROFESSION, PRACTICE TIPS, ANALYSIS, AND COMMENTARY. MSBA ALSO PROVIDES...

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BENCH & BAR IS MSBA'S PREMIER PUBLICATION, PROVIDING MEMBERS WITH MONTHLY UPDATES ON DEVELOPMENTS IN THE LAW, ISSUES FACING THE PROFESSION, PRACTICE TIPS, ANALYSIS, AND COMMENTARY. MSBA ALSO PROVIDES MANY ONLINE SERVICES FOR ITS MEMBERS, INCLUDING PRACTICE TOOLS FOR RESEARCH, CURRENT INFORMATION ON LEGISLATION, COURT DECISIONS, AND ETHICS; AND LINKS TO PROFESSIONAL AND SOCIAL MEDIA CONNECTIONS.

Program 2

SECTION INVOLVEMENT AND EDUCATION: MSBA PROVIDES EDUCATION PROGRAMMING THROUGHOUT THE YEAR, WITH MOST THROUGH ITS PRACTICE AREA SECTIONS,. PROGRAMS INCLUDE CONTINUING LEGAL EDUCATION (CLE) SEMINARS...

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SECTION INVOLVEMENT AND EDUCATION: MSBA PROVIDES EDUCATION PROGRAMMING THROUGHOUT THE YEAR, WITH MOST THROUGH ITS PRACTICE AREA SECTIONS,. PROGRAMS INCLUDE CONTINUING LEGAL EDUCATION (CLE) SEMINARS THAT ARE DELIVERED IN-PERSON, ONLINE, AND RECORDED FOR LATER ON-DEMAND VIEWING. IN ADDITION TO THESE CLE PROGRAMS, MSBA RUNS REGULAR BUSINESS MEETINGS, TRAININGS, SOCIAL EVENTS, AND OTHER ACTIVITIES FOR MEMBERS.

Program 3

THE ASSOCATION PROVIDES THE SERVICE OF COLLECTING DUES FOR VARIOUS OTHER ORGANIZATIONS. SUCH DUES ARE COLLECTED WITH THE ASSOCIATION'S DUES, AND ARE SUBSEQUENTLY FORWARDED TO THE APPROPRIATE...

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THE ASSOCATION PROVIDES THE SERVICE OF COLLECTING DUES FOR VARIOUS OTHER ORGANIZATIONS. SUCH DUES ARE COLLECTED WITH THE ASSOCIATION'S DUES, AND ARE SUBSEQUENTLY FORWARDED TO THE APPROPRIATE ORGANIZATIONS. DUES COLLECTED FOR/REMITTED TO: DISTRICTS $1,414,700, MN STATE BAR FOUNDATION $54,725.

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Trantor Score

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

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

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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
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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
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