American Law And Economics Association Inc
- Assets
- $387.7k
- Revenue
- $117.6k
- Investments
- $0.0
- Employees
- 0
- Location
- New Haven, CT
- Founding
- 06/1991
- Data as of
- 12/2021
- EIN
- 22-3093764
Organization Overview
American Law And Economics Association Inc is located in New Haven, CT. The organization was established in 1991. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Law And Economics Association 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 12/2021, American Law And Economics Association Inc generated $117.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $99.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) 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
TO PROMOTE RESEARCH IN THE FIELD OF LAW AND ECONOMICS THROUGH THE ASSOCIATION'S ANNUAL MEETING AND ITS ACADEMIC JOURNAL THE "AMERICAN LAW AND ECONOMICS REVIEW."
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHILE THE ASSOCIATION TYPICALLY HOLDS AN ANNUAL MEETING FOR ITS MEMBERS WE WERE FORCED AFTER POSTPONING SEVERAL TIMES BECAUSE OF COVID TO CANCEL OUR 2020 ANNUAL MEETING. FOR 2021 WE DID END UP HAVING OUR ANNUAL MEETING BUT IT WAS HELD VIA ZOOM.
THE ASSOCIATION PUBLISHES AN ACADEMIC JOURNAL CALLED THE "AMERICAN LAW AND ECONOMICS REVIEW" KNOWN AS THE "ALER". THE ASSOCIATION TYPICALLY PUBLISHES TWO ISSUES A YEAR: SPRING AND FALL. THE ALER IS PROVIDED TO OUR MEMBERS AS PART OF THEIR YEARLY MEMBERSHIP BENEFITS. THE PUBLISHER OF THE ALER IS OXFORD UNIVERSITY PRESS AND WE PUBLISH ACADEMIC ARTICLES SUBMITTED BY OUR MEMBERS. WE ALSO AWARD A PRIZE IN THE AMOUNT OF $2,500 EACH FOR THE BEST THEORETICAL AND THE BEST EMPIRICAL ARTICLE PUBLISHED IN THE PRECEDING YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Bentley Macleod President 2021-22 | Officer | 0 | $0 |
James R Hines Jr Secretary-Treasurer 2021-22 | Officer | 0 | $0 |
Katherine Zeiler President 2012-22 | Officer | 0 | $0 |
Lisa Bernstein Director 2021-22 | Trustee | 0 | $0 |
Murat Mungan Director 2021-22 | Trustee | 0 | $0 |
Scott Baker Director 2021-22 | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $36,600 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,600 |
| Total Program Service Revenue | $80,947 |
| Investment income | $31 |
| 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 | $117,578 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $45,600 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $1,314 |
| Information technology | $3,955 |
| 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 | $18,070 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $99,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $298,417 |
| 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 | $89,264 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $387,681 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $387,681 |
| 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 | $387,681 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
All Stars Project Inc New York, NY | $22,721,562 | $11,310,796 |
The Hyams Foundation Inc Boston, MA | $163,844,341 | $20,347,329 |
Neighborhood Trust Financial Partners Inc New York, NY | $10,875,094 | $7,150,796 |
African Services Committee Inc New York, NY | $2,169,110 | $5,702,295 |
Urban Arts Partnership New York, NY | $4,790,105 | $5,921,037 |
Artpark & Company Inc Lewiston, NY | $3,327,523 | $5,321,157 |
Education Through Music Inc New York, NY | $3,082,173 | $4,504,496 |
Ridgefield Playhouse For Movies And The Performing Arts Inc Ridgefield, CT | $15,840,106 | $10,052,125 |
City Access New York Staten Island, NY | $3,686,366 | $4,897,308 |
Partnership Inc Boston, MA | $5,653,072 | $4,577,511 |
Multicultural Aids Coalition Inc Roxbury, MA | $1,116,469 | $3,034,089 |
Instituto Cervantes Usa Inc New York, NY | $12,513,057 | $1,591,640 |