American Society Of Perfumers Inc
- Assets
- $362.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Piscataway, NJ
- Founding
- 05/1982
- Data as of
- 12/2021
- EIN
- 22-2392465
Organization Overview
American Society Of Perfumers Inc is located in Piscataway, NJ. The organization was established in 1982. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society Of Perfumers Inc 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 12/2021, American Society Of Perfumers Inc generated $22.5k 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 (12.3%) each year. All expenses for the organization totaled $69.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE WORLD PERFUMERY CONGRESS (WPC) IS A UNIQUE THREE-DAY EDUCATIONAL AND NETWORKING FORUM UNITING FRAGRANCE INDUSTRY PROFESSIONALS, THEIR SUPPLIERS AND BRAND MARKETERS TO DISCUSS CURRENT AND FUTURE OPPORTUNITIES. THE EVENT IS HELD BI-ANNUALLY AND WAS CANCELLED IN 2020 DUE TO THE COVID-19 PANDEMIC. THE EVENT WILL BE HELD NEXT IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Fassold Financial Director | 5 | $12,500 | |
Vincent Kuczinski President | 10 | $2,500 | |
Christoper Diienno Chairperson | 5 | $1,000 | |
James Krivda Secretary | 5 | $1,000 | |
Sheri Sebatian Vice President | 5 | $1,000 | |
John Gamba Treasurer | 5 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $23,222 |
| Investment income | $125 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$814 |
| Other Revenue | $0 |
| Total Revenue | $22,533 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,100 |
| Professional fees and other payments to independent contractors | $1,784 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,156 |
| Total expenses | $69,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $362,293 |
| Other assets | $0 |
| Total assets | $362,293 |
| Total liabilities | $0 |
| Net assets or fund balances | $362,293 |
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