American Chemical Society
- Assets
- $260.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eagan, MN
- Founding
- 05/1946
- Data as of
- 12/2022
- EIN
- 41-6024526
Organization Overview
American Chemical Society is located in Eagan, MN. The organization was established in 1946. According to its NTEE Classification (U33) the organization is classified as: Chemistry & Chemical Engineering, under the broad grouping of Science & Technology and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Chemical Society 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 12/2022, American Chemical Society generated $50.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $44.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF CHEMISTRY IN EDUCATION AND AS A PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ekaterina Kadnikova Chair | 2 | $0 | |
Catherine Sutton Chair Elect | 1 | $0 | |
Rebecca Haley Secretary | 2 | $0 | |
Sarah Dimick Gray Treasurer | 2 | $0 | |
Sarah Mullins Councilor | 1 | $0 | |
Nick Schlotter Councilor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,986 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,106 |
| Investment income | $7,060 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $50,652 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $535 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $304 |
| Other expenses | $31,932 |
| Total expenses | $44,794 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,695 |
| Other assets | $0 |
| Total assets | $260,219 |
| Total liabilities | $0 |
| Net assets or fund balances | $260,219 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Senior Chemical Dependency Counseling & Assistance Maplewood, MN | $7,477 | $296,513 |
American Chemical Society Ames, IA | $416,648 | $208,344 |
American Chemical Society Eagan, MN | $260,219 | $0 |
Polymer Processing Society Madison, WI | $341,672 | $0 |
Minnesota Chromatography Forum Minneapolis, MN | $51,119 | $0 |
90th Division Association Nevada, IA | $21,858 | $0 |
Friends Of The Royal Society Of Chemistry Inc Milwaukee, WI | $29,306 | $553 |