State Bar of Arizona
The State Bar of Arizona (State Bar) is a private, nonprofit Arizona corporation that was founded in 1933 for the advancement of the administration of justice, the regulation of persons seeking to practice law, the regulation and discipline of persons engaged in the practice of law and other purposes. The State Bar has been determined exempt from federal income taxes under §501 (c)(6) of the Internal Revenue Code.
Client Protection Fund
The State Bar collects fees from its members in order to sustain a Client Protection Fund (the Fund) established to protect clients of State Bar members. The State Bar appoints trustees to administer the Fund. The Fund is maintained as a separate trust and is not included in the accounts of the State Bar.
The Bar's finances are audited every year by an independent accounting company. You can view the 2020 audit here. Please note the audit has a different format and content beginning 2019. The Financial Accounting Standards Board issued new reporting standards to improve the presentation of financial statements for not-for-profit entities which have been implemented for this audit. You can view previous audits below.