Society Of Ameican Archivists
- Assets
- $2.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 12
- Location
- Chicago, IL
- Founding
- 03/1959
- Data as of
- 06/2021
- EIN
- 84-6023531
Organization Overview
Society Of Ameican Archivists is located in Chicago, IL. The organization was established in 1959. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2021, Society Of Ameican Archivists employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Ameican Archivists is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Society Of Ameican Archivists generated $2.2m 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 (4.2%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND TRAINING TO ARCHIVISTS AND TO DEVELOP AND PROMULGATE SOUND PRINCIPLES AND TECHNIQUES OF ARCHIVAL AND RECORDS ADMINISTRATION THROUGH AN ANNUAL MEETING, EDUCATIONAL PROGRAMS, AND PERIODICALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING - PROVIDES SAA MEMBERS AND OTHER ARCHIVAL PROFESSIONALS WITH AN OPPORTUNITY TO ATTEND PROFESSIONAL SEMINARS, SPECIAL INTEREST GROUP MEETINGS, FORUMS, AND SAA BUSINESS MEETINGS. THE FY2021 ANNUAL MEETING WAS HELD VIRTUALLY DUE TO COVID-19. APPROXIMATELY 2,582 INDIVIDUALS ATTENDED THE VIRTUAL EVENT AND THERE WERE 24 EXHIBIT BOOTHS SOLD.
EDUCATION - SAA IS COMMITTED TO PROVIDING HIGH-QUALITY CONTINUING EDUCATION THAT IS RELEVANT AND ACCESSIBLE TO PROFESSIONAL ARCHIVISTS VIA A VARIETY OF DELIVERY METHODS. SAA OFFERED 30 TOTAL PROGRAMS IN 2020-2021, WITH 1,011 PARTICIPANTS AND 2,827 ON-DEMAND WEBCAST PURCHASES.
PERIODICALS--CONSISTS OF: THE PUBLICATION OF THE AMERICAN ARCHIVIST, A FORUM FOR DISCUSSING TRENDS AND SHARING RESEARCH ON ARCHIVAL SCIENCE, WITH A SEMI-ANNUAL CIRCULATION OF OVER 5,700; PUBLICATION OF ARCHIVAL OUTLOOK, A BI-MONTHLY MAGAZINE REPORTING ON NATIONAL AND INTERNATIONAL NEWS OF RELEVANCE TO THE NORTH AMERICAN ARCHIVES PROFESSION; AND IN THE LOOP, A BIWEEKLY E-NEWSLETTER PROVIDING MEMBERS OF SAA WITH UPDATES ABOUT SAA ACTIVITIES AND THE PROFESSION AT LARGE.
OTHER PROGRAMS INCLUDE PUBLICATIONS AND AWARDS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Beaumont Executive Director | Officer | 55 | $189,296 |
Peter Carlson Director Of Finance & Admi | Officer | 47.5 | $117,604 |
Teresa Brinati Director Of Publishing | 45 | $107,475 | |
Rachel Vagts President | OfficerTrustee | 3 | $0 |
Courtney Chartier Vice President | OfficerTrustee | 3 | $0 |
Amy Fitch Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,600 |
| Total Program Service Revenue | $1,967,474 |
| Investment income | $17,859 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $10,661 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $119,880 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,207,330 |
| 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. | $345,745 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $506,431 |
| Pension plan accruals and contributions | $40,780 |
| Other employee benefits | $51,928 |
| Payroll taxes | $60,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,873 |
| Fees for services: Accounting | $28,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $322,593 |
| Advertising and promotion | $7,658 |
| Office expenses | $228,473 |
| Information technology | $118,247 |
| Royalties | $0 |
| Occupancy | $102,490 |
| Travel | $286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,515 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,350 |
| Insurance | $5,891 |
| All other expenses | $340 |
| Total functional expenses | $2,062,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,680 |
| Savings and temporary cash investments | $895,165 |
| Pledges and grants receivable | $18,925 |
| Accounts receivable, net | $18,125 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $102,055 |
| Prepaid expenses and deferred charges | $195,830 |
| Net Land, buildings, and equipment | $40,236 |
| Investments—publicly traded securities | $1,059,144 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,707 |
| Total assets | $2,453,867 |
| Accounts payable and accrued expenses | $83,739 |
| Grants payable | $0 |
| Deferred revenue | $794,294 |
| 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 | $8,756 |
| Total liabilities | $886,789 |
| Net assets without donor restrictions | $1,548,153 |
| Net assets with donor restrictions | $18,925 |
| 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 | $2,453,867 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tenant Resource Center Inc Madison, WI | $4,020,377 | $17,889,286 |
Newberry Library Chicago, IL | $102,026,436 | $14,465,930 |
Lake County Public Library Merrillville, IN | $39,933,908 | $12,781,082 |
Mobius Columbia, MO | $4,062,831 | $7,262,645 |
Community Resource Center Inc Centralia, IL | $6,773,469 | $4,197,743 |
Society Of Ameican Archivists Chicago, IL | $2,453,867 | $2,207,330 |
Building And Construction Resource Center Inc Portage, IN | $5,030,482 | $2,435,257 |
Private Academic Library Network Of Indiana Inc Indianapolis, IN | $7,049,589 | $1,821,764 |
Louisville Free Public Library Foundation Inc Louisville, KY | $20,601,784 | $2,234,605 |
Hoover Presidential Foundation West Branch, IA | $16,155,016 | $4,574,597 |
Hopkinsville Christian County Public Library Hopkinsville, KY | $2,002,090 | $1,316,676 |
Simpson County Library District Franklin, KY | $8,465,490 | $1,064,264 |