Academy Of Management Inc
- Assets
- $55.7m
- Revenue
- $15.6m
- Investments
- $0.0
- Employees
- 41
- Location
- Valhalla, NY
- Founding
- 02/1997
- Data as of
- 12/2023
- EIN
- 13-3916164
Organization Overview
Academy Of Management Inc is located in Valhalla, NY. The organization was established in 1997. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2023, Academy Of Management Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Management Inc 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 12/2023, Academy Of Management Inc generated $15.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $14.3m during the year ending 12/2023. While expenses have increased by 6.7% per year over the past 8 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE THE PROFESSIONAL DEVELOPMENT OF MANAGEMENT AND ORGANIZATION SCHOLARS.
Describe the Organization's Program Activity:
ANNUAL MEETING TO PRESENT RESEARCH AND OFFER DISCUSSION GROUPS AND SIMILAR PROGRAMS FOR SCHOLARLY DEVELOPMENT.
MEMBERSHIPS, PLACEMENT, AND ALL OTHER PROGRAMS.
PRODUCTION OF SIX SCHOLARLY PUBLICATIONS INCLUDING ACADEMY OF MANAGEMENT JOURNAL, ACADEMY OF MANAGEMENT REVIEW, ACADEMY OF MANAGEMENT PERSPECTIVES, ACADEMY OF MANAGEMENT LEARNING AND EDUCATION, ACADEMY OF MANAGEMENT ANNALS, ACADEMY OF MANAGEMENT DISCOVERIES, IN ADDITION TO THE ACADEMY OF MANAGEMENT PROCEEDINGS AND MYACADEMY NEWS.
DIVISIONS AND INTEREST GROUPS REFLECT A BROAD RANGE OF MEMBER INTERESTS WITHIN 25 MANAGEMENT DISCIPLINES. THEY PROVIDE DISCIPLINARY HOME BASES FOR MEMBERS WITH SPECIFIC SCHOLARLY AND PROFESSIONAL INTERESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Alvarez President | OfficerTrustee | 1.7 | $0 |
Peter Bamberger President-Elect | OfficerTrustee | 1.7 | $0 |
Tammy Madsen Vice President & Program Chair | OfficerTrustee | 1.7 | $0 |
Christopher Tucci Vice President-Elect & Program Chair-Elect | OfficerTrustee | 1.7 | $0 |
Amy Hillman Past President | OfficerTrustee | 1.7 | $0 |
Peer Fiss Representative At Large | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Projection Presentation Technology Inc Annual Meeting Platform | 12/30/23 | $1,422,401 |
Fusion Span Customer Relations Management | 12/30/23 | $322,914 |
Reputation Partners Llc Public Relations | 12/30/23 | $335,436 |
Atypon Systems Journal Publishing | 12/30/23 | $281,319 |
The Sheridan Press Journal Production | 12/30/23 | $225,276 |
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 | $22,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,000 |
| Total Program Service Revenue | $13,823,594 |
| Investment income | $1,038,777 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $730,532 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,615,301 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $135,596 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,584,045 |
| Compensation of current officers, directors, key employees. | $914,540 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,460,621 |
| Pension plan accruals and contributions | $308,785 |
| Other employee benefits | $446,756 |
| Payroll taxes | $527,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,713 |
| Fees for services: Accounting | $59,891 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $212,211 |
| Fees for services: Other | $1,092,646 |
| Advertising and promotion | $153,789 |
| Office expenses | $80,556 |
| Information technology | $1,049,790 |
| Royalties | $0 |
| Occupancy | $206,804 |
| Travel | $493,243 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,498,464 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,885 |
| Insurance | $87,197 |
| All other expenses | $800,799 |
| Total functional expenses | $14,295,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,827,406 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $479,582 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $274,770 |
| Net Land, buildings, and equipment | $257,713 |
| Investments—publicly traded securities | $49,750,101 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $110,143 |
| Total assets | $55,699,715 |
| Accounts payable and accrued expenses | $274,694 |
| Grants payable | $0 |
| Deferred revenue | $1,717,320 |
| 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 | $0 |
| Total liabilities | $1,992,014 |
| Net assets without donor restrictions | $53,635,872 |
| Net assets with donor restrictions | $71,829 |
| 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 | $55,699,715 |