American Society For Testing And Materials
- Assets
- $507.3m
- Revenue
- $135.7m
- Investments
- $0.0
- Employees
- 353
- Location
- West Conshohocken, PA
- Founding
- 06/1937
- Data as of
- 12/2021
- EIN
- 23-1352024
Organization Overview
American Society For Testing And Materials, operating under the name Astm International, is located in West Conshohocken, PA. The organization was established in 1937. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Astm International employed 353 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Astm International 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, Astm International generated $135.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $99.3m during the year ending 12/2021. While expenses have increased by 6.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Astm International has awarded 78 individual grants totaling $1,287,662. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING TOGETHER PRODUCERS, USERS, CONSUMERS AND OTHERS FROM ALL OVER THE WORLD (SEE SCH O)TO JOIN TOGETHER TO DEVELOP VOLUNTARY CONSENSUS STANDARDS.
Describe the Organization's Program Activity:
FOUNDED IN 1898, ASTM PROVIDES A FORUM FOR A BROAD RANGE OF INTERNATIONAL STAKEHOLDERS TO COME TOGETHER TO CREATE AND REVISE VOLUNTARY CONSENSUS STANDARDS. THESE STANDARDS SERVE AS BUILDING BLOCKS OF INTERNATIONAL TRADE, PRODUCT QUALITY, AND PUBLIC SAFETY, ULTIMATELY HELPING ASTM ACHIEVE ITS MISSION OF "HELPING OUR WORLD WORK BETTER." THESE STANDARDS ARE DEVELOPED BY MORE THAN 34,000 MEMBERS WORLDWIDE, WHO REPRESENT LARGE AND SMALL BUSINESSES, GOVERNMENT ENTITIES, ACADEMIA AND RESEARCH, CONSUMER GROUPS, AND OTHER STAKEHOLDERS. (CONTINUED ON SCHEDULE O)ASTM ALSO OFFERS WAYS FOR BUSINESS AND INDUSTRY TO BETTER USE STANDARDS THROUGH TRAINING, CERTIFICATION PROGRAMS, LABORATORY PROFICIENCY TESTING, AND MORE.THE FOLLOWING ARE EXAMPLES OF HOW ASTM MEMBERS AND STAFF SUPPORT OUR MISSION BY DEVELOPING VOLUNTARY CONSENSUS STANDARDS AND THROUGH OTHER ACTIVITIES AND OFFERINGS.STANDARDS DEVELOPMENT THAT SUPPORTS INNOVATION ACROSS MANY INDUSTRIESAT THE CORE OF ASTM'S MISSION IS THE DEVELOPMENT OF STANDARDS THAT POSITIVELY IMPACT PUBLIC HEALTH AND SAFETY, CONSUMER CONFIDENCE, AND OVERALL QUALITY OF LIFE. IN 2021, THE STAKEHOLDERS IN ASTM'S 147 TECHNICAL COMMITTEES CREATED MORE THAN 211 NEW STANDARDS TO SUPPORT EMERGING TECHNOLOGIES, CONSUMER SAFETY, THE ENVIRONMENT, AND OTHER AREAS. A SMALL SAMPLING OF NEW AND/OR REVISED STANDARDS FROM 2021 INCLUDES THOSE RELATED TO: - PHARMACEUTICAL PRODUCTION- RADIATION STERILIZATION- CONSTRUCTION 3D PRINTING- STANDARDS FOR PPE/BARRIER FACE COVERINGS- RESILIENT CONSTRUCTION- CIRCULAR ECONOMY- PLASTIC RECYCLING- EXOSKELETONS- COMMERCIAL SPACEFLIGHT- AVIATION STANDARDS- SUPPLY CHAINS/ADDITIVE MANUFACTURING- PLAYGROUNDS- ROBOTICS- CYBERSECURITY- CLIMATE AND COMMUNITY- DEVELOPING WORLD- WILDFIRES, AND MUCH MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katharine E Morgan President | Officer | 40 | $588,125 |
Thomas O'brien VP General Counsel | Officer | 40 | $447,706 |
Nicholas Ecart Director International Sales | 40 | $427,808 | |
Richard Lindberg VP & Chief Information Officer | Officer | 40 | $349,963 |
James S Thomas VP Sales & Marketing | Officer | 40 | $341,106 |
Daniel Smith Vice President, Tco | Officer | 40 | $329,732 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pricewaterhousecoopers Llp Org Strategic Srvcs | 12/30/21 | $12,632,300 |
Icreon Tech It Consulting | 12/30/21 | $4,700,191 |
Testingexperts Inc It Consulting | 12/30/21 | $4,005,007 |
Hero Digital Llc It Consulting | 12/30/21 | $3,493,862 |
Alpine Consulting Inc It Consulting | 12/30/21 | $2,902,354 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,429,852 |
| Noncash contributions included in lines 1a–1f | $1,252,162 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,429,852 |
| Total Program Service Revenue | $91,826,996 |
| Investment income | $5,307,866 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $36,673,320 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $135,712,233 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $178,154 |
| Grants and other assistance to domestic individuals. | $58,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,710,339 |
| Compensation of current officers, directors, key employees. | $601,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,633,872 |
| Pension plan accruals and contributions | $6,251,032 |
| Other employee benefits | $5,330,524 |
| Payroll taxes | $2,017,775 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $396,382 |
| Fees for services: Accounting | $338,652 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,568,011 |
| Fees for services: Other | $5,672,365 |
| Advertising and promotion | $298,978 |
| Office expenses | $1,022,685 |
| Information technology | $13,256,176 |
| Royalties | $2,771,551 |
| Occupancy | $1,123,464 |
| Travel | $297,900 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $914,293 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,497,930 |
| Insurance | $318,643 |
| All other expenses | $1,889,304 |
| Total functional expenses | $99,280,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,839,020 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,159,756 |
| Loans from Officers, Directors, or Controlling Persons | $21,980,739 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $94,058,906 |
| Investments—publicly traded securities | $283,638,732 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $86,585,064 |
| Total assets | $507,262,217 |
| Accounts payable and accrued expenses | $11,198,783 |
| Grants payable | $0 |
| Deferred revenue | $13,618,641 |
| 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 | $5,413,453 |
| Total liabilities | $30,230,877 |
| Net assets without donor restrictions | $473,104,982 |
| Net assets with donor restrictions | $3,926,358 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $507,262,217 |
Grants Awarded
Over the last fiscal year, American Society For Testing And Materials has awarded $169,795 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Conshohocken, PA PURPOSE: FURTHER ORGS MISSION | $57,295 |
Stamford, CT PURPOSE: FURTHER ORGS MISSION | $25,000 |
Conshohocken, PA PURPOSE: FURTHER ORGS MISSION | $21,000 |
Fort Washington, PA PURPOSE: FURTHER ORGS MISSION | $20,000 |
Plymouth Meeting, PA PURPOSE: FURTHER ORGS MISSION | $11,000 |
Philadelphia, PA PURPOSE: FURTHER ORGS MISSION | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Society For Testing And Materials has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Community Foundatio Of Louisville Depository Inc Louisville, KY PURPOSE: U: SCIENCE & TECHNOLOGY | $10,000 |
Endowment Analysis
| Beg. Balance | $1,421,843 |
| Earnings | $121,154 |
| Grants | $58,500 |
| Ending Balance | $1,484,497 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society For Testing And Materials West Conshohocken, PA | $507,262,217 | $135,712,233 |
Concurrent Technologies Corporation Johnstown, PA | $70,686,577 | $70,225,854 |
National Center For Defense Manufacturing And Machining Johnstown, PA | $25,200,761 | $55,952,153 |
Innovation Works Inc Pittsburgh, PA | $31,593,952 | $8,003,735 |
Catalyst Connection Pittsburgh, PA | $7,094,242 | $7,162,522 |
Military Health Research Foundation Inc Laurel, MD | $1,886,799 | $4,739,548 |
Ny Creates Albany, NY | $99,965 | $4,450,000 |
Mpc Corporation Pittsburgh, PA | $1,237,035 | $2,979,911 |
Western New York Technology Development Center Inc Buffalo, NY | $1,286,247 | $2,858,472 |
American Conference Of Governmental Industrial Hygienists Inc Sharonville, OH | $1,119,864 | $2,375,200 |
The Asme Foundation Inc New York, NY | $33,818,246 | $3,028,197 |
Hudson Valley Technology Development Center Inc Newburgh, NY | $824,479 | $1,255,790 |