Mycological Society Of America The
- Assets
- $2.6m
- Revenue
- $233.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 04/1965
- Data as of
- 12/2021
- EIN
- 16-6077141
Organization Overview
Mycological Society Of America The is located in Madison, WI. The organization was established in 1965. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mycological Society Of America The 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 12/2021, Mycological Society Of America The generated $233.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $139.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 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
PROMOTION AND ADVANCEMENT OF SCIENCE AND MYCOLOGY, WHICH INCLUDES AS AN INTEGRAL PART THE CREATION AND DISTRIBUTION OF A JOURNAL PRIMARILY FOR PUBLICATION OF MYCOLOGICAL PAPERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION AND ADVANCEMENT OF SCIENCE AND MYCOLOGY WHICH INCLUDES AS AN INTEGRAL PART THE CREATION AND DISTRIBUTION OF A JOURNAL PRIMARILY FOR PUBLICATION OF MYCOLOGICAL PAPERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Catherine Aime Vice Preside | OfficerTrustee | $0 | |
Marin Talbot Brewer Executive VP | OfficerTrustee | $0 | |
A Elizabeth Arnold President | OfficerTrustee | $0 | |
Marc Cubeta Past Preside | OfficerTrustee | $0 | |
Julia Kerrigan President El | OfficerTrustee | $0 | |
Jessie Glaeser Treasurer | OfficerTrustee | $0 |
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 | $19,290 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,290 |
| Total Program Service Revenue | $175,523 |
| Investment income | $39,003 |
| 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 | $233,916 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,000 |
| Grants and other assistance to domestic individuals. | $25,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $51,291 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,239 |
| Information technology | $9,906 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,374 |
| All other expenses | $1,711 |
| Total functional expenses | $139,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,792 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,332,615 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,596,407 |
| Accounts payable and accrued expenses | $1,353 |
| Grants payable | $0 |
| Deferred revenue | $21,280 |
| 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 | $22,633 |
| Net assets without donor restrictions | $1,721,413 |
| Net assets with donor restrictions | $852,361 |
| 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 | $2,596,407 |
Endowment Analysis
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Forward Biolabs Inc Madison, WI | $2,153,879 | $1,288,327 |
American Society Of Agricultural Engineers St Joseph, MI | $4,809,234 | $408,843 |
Mycological Society Of America The Madison, WI | $2,596,407 | $233,916 |
Wisconsin Turfgrass Association Incorporated Verona, WI | $217,016 | $0 |
Institute Of Neuromodulation Chicago, IL | $99,824 | $0 |
Academy Of Clinical Electro Physiology And Wound Mgt Apta Inc La Crosse, WI | $385,391 | $0 |