Audio Engineering Society Inc
- Assets
- $2.5m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 12/1966
- Data as of
- 12/2023
- EIN
- 13-5603831
Organization Overview
Audio Engineering Society Inc is located in New York, NY. The organization was established in 1966. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Audio Engineering Society Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Audio Engineering Society 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, Audio Engineering Society Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DISSEMINATION OF TECHNICAL AND SCIENTIFIC INFORMATION FOR AUDIO ENGINEERING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL THE EXPENSES OF THE SOCIETY, INCLUDING COST OF SALES, ARE PAID TO DISSEMINATE SCIENTIFIC AND OTHER TECHNICAL INFORMATION BY PUBLICATION OF A JOURNAL (AVG CIRC 11,000 PER MONTH), AS WELL AS DISTRIBUTION OF BOOKS & OTHER PUBLICATIONS AND MEMBERSHIP SERVICES TO APPROX. 11,000 MEMBERS AND WORLDWIDE SECTION SUPPORT.
TECHNICAL CONFERENCES AND CONVENTIONS IN US AND EUROPE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Agnieszka Roginska Director | Trustee | 1 | $0 |
Valerie Tyler Secretary | OfficerTrustee | 1 | $0 |
Cesar Lamschtein Director | Trustee | 1 | $0 |
Bruce Olson President | OfficerTrustee | 1 | $0 |
Josh Reiss Past President - Vice Chair | Trustee | 1 | $0 |
Leslie Gaston-Bird President Elect | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mci Usa Management | 12/30/23 | $692,589 |
National Association Of Broadcasters Event Management | 12/30/23 | $202,896 |
Jacob Jarvis Center Event Venue | 12/30/23 | $191,962 |
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 | $610,388 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $610,388 |
| Total Program Service Revenue | $2,537,618 |
| Investment income | $1,504 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,238,587 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $187,792 |
| Pension plan accruals and contributions | $7,512 |
| Other employee benefits | $21,098 |
| Payroll taxes | $15,332 |
| Fees for services: Management | $692,589 |
| Fees for services: Legal | $32,279 |
| Fees for services: Accounting | $39,983 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,727 |
| Advertising and promotion | $61,085 |
| Office expenses | $104,877 |
| Information technology | $33,723 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,064,103 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $20,280 |
| All other expenses | $110,939 |
| Total functional expenses | $2,851,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,193,513 |
| Savings and temporary cash investments | $706 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,986 |
| 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 | $1,950 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $259,313 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,477,468 |
| Accounts payable and accrued expenses | $531,550 |
| Grants payable | $0 |
| Deferred revenue | $683,901 |
| 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 | $259,637 |
| Total liabilities | $1,475,088 |
| Net assets without donor restrictions | $959,557 |
| Net assets with donor restrictions | $42,823 |
| 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 | $2,477,468 |