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 Executive Board governs the Indiana Library Federation.
The ILF Treasurer and Assistant Treasurer review the detail of the finances for each month before presenting the summaries for review the by ILF Executive Board. An outside accounting firm reviews financial statements and prepares the Form 990 tax returns for filing with the Internal Revenue Service.