Multi-state Lottery Association
Only null% goes to programs Strong reserves Growing revenue
Multi-state Lottery Association is a 501(c)(3) organization based in Johnston, Iowa, registered in 1990, with $40,627,021 in FY2024 revenue. CharityIndex grades it B.
8101 Birchwood Court, Johnston, IA, 50131 EIN 42-1302701 Since 1990
Revenue (FY2024)
$40.6M
▼ 10.9% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$35.5M
Net assets
$68.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Multi-state Lottery Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Multi-state Lottery Association: 23 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Multi-state Lottery Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Multi-state Lottery Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 8101 Birchwood Court, Johnston, IA, 50131
- City
- Johnston
- State
- Iowa
- Category
- Public & Societal Benefit
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue grew from $3.2M (FY2013) to $40.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $855.9MNet assets $68.0M
Operating margin
12.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$923.9M
Total liabilities
$855.9M
Net assets
$68.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $40,627,021▼10.9% | $35,453,998▲104% | $68,010,748▲8.2% | $923,899,374▲18.1% | 990 |
| 2023 | $45,604,280▲47.4% | $17,420,220▲174% | $62,837,725▲81.3% | $782,441,843▼8.7% | 990 |
| 2022 | $30,929,483▲799% | $6,353,212▲13.9% | $34,653,665▲244% | $857,187,900▲11.8% | 990 |
| 2021 | $3,442,102▲160% | $5,580,330▲15.5% | $10,075,630▼17.5% | $767,024,005▼9.6% | 990 |
| 2020 | $1,324,240▼82.4% | $4,832,262▼64.9% | $12,213,858▼17.0% | $848,609,729▲58.8% | 990 |
| 2019 | $7,523,146▼59.6% | $13,781,535▲105% | $14,710,689▼29.8% | $534,266,385▲5.2% | 990 |
| 2018 | $18,637,167▲78.8% | $6,716,528▲3.1% | $20,969,078▲132% | $507,711,452▲4.3% | 990 |
| 2017 | $10,421,784▲140% | $6,517,482▲6.1% | $9,048,439▲75.9% | $486,935,976▼13.3% | 990 |
| 2016 | $4,345,404▼5.9% | $6,143,671▲0.1% | $5,144,137▼25.9% | $561,369,336▼1.0% | 990 |
| 2015 | $4,617,665▲31.4% | $6,135,460▲16.7% | $6,942,404▼17.9% | $566,835,947▲41.3% | 990 |
| 2014 | $3,513,813▲10.8% | $5,256,492▲5.3% | $8,460,199▼17.1% | $401,081,678▼43.2% | 990 |
| 2013 | $3,170,118 | $4,991,276▼7.4% | $10,202,878▼15.1% | $706,151,292▲27.5% | 990 |
| 2012 | — | $5,389,927▲10.7% | $12,024,036▲7646% | $554,027,997▼5.0% | 990 |
| 2011 | — | $4,869,314▲11.6% | $155,223▼35.6% | $583,164,841▼9.1% | 990 |
| 2010 | — | $4,363,866 | $241,203 | $641,434,915 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Multi-state Lottery Association a legitimate nonprofit?
- Yes. Multi-state Lottery Association is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-1302701, based in Johnston, Iowa. Donations are tax-deductible.
- What is Multi-state Lottery Association's EIN?
- Multi-state Lottery Association's Employer Identification Number (EIN) is 42-1302701.
- How much revenue does Multi-state Lottery Association report?
- Multi-state Lottery Association reported $40,627,021 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Multi-state Lottery Association have?
- CharityIndex grades Multi-state Lottery Association B, based on financial health (reserves and operating margin).
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Data for Multi-state Lottery Association (EIN 42-1302701) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.