Society For Experimental Mechanics
- Assets
- $1.6m
- Revenue
- $746.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Bethel, CT
- Founding
- 05/1989
- Data as of
- 12/2021
- EIN
- 06-0763080
Organization Overview
Society For Experimental Mechanics is located in Bethel, CT. The organization was established in 1989. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Experimental Mechanics is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Society For Experimental Mechanics generated $746.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $742.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE STATEMENT ON PAGE 2 OF FORM 990.
Describe the Organization's Program Activity:
PUBLICATIONS - "EXPERIMENTAL TECHNIQUES" - EDUCATIONAL PUBLICATIONS FOR THE ENHANCEMENT OF ENGINEERING KNOWLEDGE.
PUBLICATIONS - OTHER - EDUCATIONAL PUBLICATIONS FOR THE ENHANCEMENT OF ENGINEERING KNOWLEDGE.
CONFERENCES - SEMINARS - EDUCATIONAL SEMINARS AND CONFERENCES FOR THE ENHANCEMENT OF ENGINEERING KNOWLEDGE.
OTHER INCOME- DUES, ROYALTIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nuno Lopes Managing Director | 40 | $100,628 | |
Kristin Zimmerman Secretary | OfficerTrustee | 20 | $45,000 |
Eric Brown President | OfficerTrustee | 0.25 | $0 |
Raman Singh Vice President | OfficerTrustee | 0.25 | $0 |
James Declerck President Elect | OfficerTrustee | 0.25 | $0 |
Jon Rogers Treasurer | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,062 |
| All other contributions, gifts, grants, and similar amounts not included above | $900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,962 |
| Total Program Service Revenue | $576,767 |
| Investment income | $19,311 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,706 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $746,229 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $45,000 |
| Compensation of current officers, directors, key employees. | $6,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $360,221 |
| Pension plan accruals and contributions | $7,988 |
| Other employee benefits | $68,499 |
| Payroll taxes | $30,333 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $604 |
| Fees for services: Accounting | $14,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,973 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $999 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,549 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,470 |
| Insurance | $0 |
| All other expenses | $45,881 |
| Total functional expenses | $742,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,871 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $136,135 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,000 |
| Prepaid expenses and deferred charges | $22,291 |
| Net Land, buildings, and equipment | $10,632 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,143,195 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,632,124 |
| Accounts payable and accrued expenses | $4,184 |
| Grants payable | $0 |
| Deferred revenue | $147,257 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $151,441 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $45,000 |
| Retained earnings, endowment, accumulated income, or other funds | $1,435,683 |
| Total liabilities and net assets/fund balances | $1,632,124 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Rhode Island Research Foundation Kingston, RI | $7,209,460 | $8,986,945 |
Public Archaeology Laboratory Inc Pawtucket, RI | $13,550,975 | $5,708,480 |
William & Mary Greve Foundation Inc Norfolk, CT | $26,806,956 | $4,445,583 |
American Vacuum Society Incorporated New York, NY | $15,639,477 | $3,580,323 |
Art Science Research Laboratory Inc New York, NY | $240,453 | $3,090,633 |
Interaction Institute Boston, MA | $4,627,027 | $4,733,561 |
New York Wine Grape Foundation Penn Yan, NY | $1,037,774 | $2,662,535 |
Fragrance Foundation Inc New York, NY | $4,383,743 | $2,574,957 |
Policy Research Inc Delmar, NY | $614,854 | $1,916,396 |
The Solar Foundation Albany, NY | $0 | $1,336,664 |
Research Institute For Learning And Development Lexington, MA | $900,600 | $1,374,678 |
New York State Association For Latham, NY | $359,200 | $986,634 |