American Meteorological Society
- Assets
- $26.6m
- Revenue
- $17.1m
- Investments
- $0.0
- Employees
- 95
- Location
- Boston, MA
- Founding
- 01/1959
- Data as of
- 12/2022
- EIN
- 04-2103657
Organization Overview
American Meteorological Society is located in Boston, MA. The organization was established in 1959. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2022, American Meteorological Society employed 95 individuals. This organization is the central organization for a national or regional group of organizations. American Meteorological 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 Meteorological Society generated $17.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $16.4m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE NOTES FOR MISSION STATEMENT AND SIGNIFICANT ACTIVITIES.TO ADVANCE THE ATMOSPHERIC AND RELATED SCIENCES, TECHNOLOGIES, APPLICATIONS, AND SERVICES FOR THE BENEFIT OF SOCIETY.
Describe the Organization's Program Activity:
PUBLICATIONS - THE SOCIETY PUBLISHES 11 PEER-REVIEWED SCIENTIFIC JOURNALS CONSISTENTLY RANKED NEAR THE TOP OF THEIR FIELDS IN IMPACT FACTOR, INCLUDING THE HIGHLY REGARDED BULLETIN OF THE AMERICAN METEOROLOGICAL SOCIETY (BAMS), AS WELL AS AWARD-WINNING SCIENTIFIC AND HISTORICAL BOOKS AND A LONG-STANDING SERIES OF METEOROLOGICAL MONOGRAPHS.
ALL OTHER PROGRAM SERVICES
MEETINGS AND EXHIBITS - THE SOCIETY BRINGS TOGETHER ATMOSPHERIC SCIENTISTS, PROFESSIONALS, STUDENTS, AUTHORS, EDUCATORS, RESEARCHERS AND WEATHER ENTHUSIATS FROM AROUND THE WORLD TO SHARE AND COLLABORATE IDEAS ABOUT RESEARCH THROUGH SPECIALITY CONFERENCES, SHORT COURSES, AND EVENTS, INCLUSIVE OF THE SOCIETY'S ANNUAL MEETING.
MEMBERSHIP AND COMMUNICATION - THE SOCIETY HAS APPROXIMATELY 12,000 MEMBERS, INCLUDING STUDENTS, TEACHERS, SCIENTISTS AND OTHER PROFESSIONALS, ENTHUSIASTS, AND CORPORATION AND INSTITUTIONAL MEMBERS. IT PROVIDES A WIDE RANGE OF SERVICES TO MEMBERS, INCLUDING CERTIFICATIONS FOR PROFESSIONALS AND TEACHERS, CAREER INFORMATION, AND PROFESSIONAL DEVELOPMENT PROGRAMS THAT INCLUDE WEBINARS AND PODCASTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Farrar Past President | OfficerTrustee | 5 | $0 |
Richard Clark President | OfficerTrustee | 10 | $0 |
Mary Glackin Past President | Trustee | 5 | $0 |
Derek Arndt Councilor | Trustee | 2 | $0 |
Joan Alexander Councilor | Trustee | 2 | $0 |
Shuyi Chen Councilor | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Knowledgeworks Global Ltd Publishing | 12/30/22 | $987,575 |
The Sheridan Press Publishing | 12/30/22 | $372,982 |
Convex Technologies Inc Meeting & Event Services | 12/30/22 | $241,872 |
Centerplate Colorado Convention Center Meeting & Event Services | 12/30/22 | $178,514 |
Dartmouth Journal Services Publishing | 12/30/22 | $334,427 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,396,625 |
| All other contributions, gifts, grants, and similar amounts not included above | $462,394 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,859,019 |
| Total Program Service Revenue | $14,805,869 |
| Investment income | $192,808 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $89,725 |
| Net Rental Income | $9,786 |
| Net Gain/Loss on Asset Sales | $114,751 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,071,958 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $295,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,221,543 |
| Compensation of current officers, directors, key employees. | $229,459 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,453,735 |
| Pension plan accruals and contributions | $576,564 |
| Other employee benefits | $857,640 |
| Payroll taxes | $513,950 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $46,775 |
| Fees for services: Accounting | $97,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $34,661 |
| Fees for services: Investment Management | $69,904 |
| Fees for services: Other | $959,248 |
| Advertising and promotion | $0 |
| Office expenses | $268,993 |
| Information technology | $355,244 |
| Royalties | $0 |
| Occupancy | $288,759 |
| Travel | $7,098 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,525,143 |
| Interest | $57,030 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $301,728 |
| Insurance | $119,433 |
| All other expenses | $286,341 |
| Total functional expenses | $16,369,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,459,903 |
| Savings and temporary cash investments | $528,050 |
| Pledges and grants receivable | $162,881 |
| Accounts receivable, net | $984,314 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $39,580 |
| Prepaid expenses and deferred charges | $1,455,259 |
| Net Land, buildings, and equipment | $8,911,052 |
| Investments—publicly traded securities | $9,150,894 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $911,326 |
| Total assets | $26,603,259 |
| Accounts payable and accrued expenses | $1,273,687 |
| Grants payable | $0 |
| Deferred revenue | $7,082,063 |
| 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 | $3,271,459 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $832,906 |
| Total liabilities | $12,460,115 |
| Net assets without donor restrictions | $8,878,276 |
| Net assets with donor restrictions | $5,264,868 |
| 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 | $26,603,259 |