The ILF Executive Board of Directors meets in Indianapolis in even months (Feb, Apr, Jun, Aug, Oct, Dec). Because of the pace of work with the new executive director, the board also planned conference calls in odd months (Sept, Nov, Jan, Mar, May) for the 2016-2017 fiscal year. The Board governs the Indiana Library Federation.
The ILF Treasurer and Assistant Treasurer review the detail of the finances for each month. The Finance Committee reviews financials, prepares the budget and considers related policies before presenting recommending to the by ILF Board of Directors. An outside accounting firm reviews financial statements and prepares the Form 990 tax returns for filing with the Internal Revenue Service.