American Chemical Society is located in Washington, DC. The organization was established in 1946. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, 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 $52.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $39.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alessandra Zimmermann President | 8 | $0 | |
Lauren Ragle President-Elect | 4 | $0 | |
Lakesha Perry Immediate Past President | 4 | $0 | |
Reyniak Richards Treasurer | 4 | $0 | |
Brian Rolczynski Secretary | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,820 |
| Investment income | $18,582 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,402 |
| 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 | $14,547 |
| Occupancy, rent, utilities, and maintenance | $4,398 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,090 |
| Total expenses | $39,816 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $440,117 |
| Other assets | $0 |
| Total assets | $440,117 |
| Total liabilities | $0 |
| Net assets or fund balances | $440,117 |