Clay Minerals Society
- Assets
- $3.6m
- Revenue
- $572.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chantilly, VA
- Founding
- 02/1964
- Data as of
- 12/2021
- EIN
- 22-6049437
Organization Overview
Clay Minerals Society is located in Chantilly, VA. The organization was established in 1964. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, 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. Clay Minerals Society 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, Clay Minerals Society generated $572.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $336.6k during the year ending 12/2021. 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
CLAY MINERALS SCIENCE EDUCATION, RESEARCH, PROMOTION AND ADVANCEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIMONTHLY JOURNAL - PUBLICATION OF CURRENT TECHNICAL EDUCATIONAL AND SCIENTIFIC RESEARCH PAPERS IN CLAY SCIENCE FOR DIRECT DISTRIBUTION TO CMS MEMBERS, THE PUBLIC, EDUCATIONAL INSTITUTIONS, AND COMMERCIAL ORGANIZATIONS.MAKING NON-JOURNAL PUBLICATIONS( I.E., WORKBOOKS, ANNUAL ABSTRACT BOOKS, TEXT BOOKS, AUDIO VISUAL SETS AND INZA PUBLICATIONS) PRODUCED BY THE CMS AVAILABLE TO THE GENERAL PUBLIC, AND ARRANGING TO SELL RELEVANT BOOKS FROM OTHER PUBLISHERS AT A DISCOUNT TO CMS MEMBERS.
GRANTS - CMS STUDENT RESEARCH GRANTS PROVIDE SUPPORT FOR WORTHY GRADUATE LEVEL RESEARCH IN CLAY SCIENCE. CMS STUDENT TRAVEL GRANTS PROVIDE SUPPORT FOR STUDENTS FOR CLAY MINERALOGY WHO ARE PRESENTING A PAPER AT THE MEETING. CMS PROFESSIONAL AWARDS PROVIDE HONORARIA FOR DISTINGUISHED SPEAKERS AT THE CMS ANNUAL MEETING.
SOURCE CLAYS REPOSITORY - THE SOCIETY SUPPORTS THE SOURCE CLAYS REPOSITORY (HOUSED AT PURDUE UNIVERSITY SINCE 2002), WHICH MAKES SMALL AMOUNTS OF HOMOGENEOUS CLAYS AVAILABLE FOR RESEARCH PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Greathouse President | OfficerTrustee | 25 | $0 |
Yuji Arai Treasurer | OfficerTrustee | 7 | $0 |
Stephen Hillier Vice President | OfficerTrustee | 1 | $0 |
Bruno Lanson Past President | OfficerTrustee | 1 | $0 |
Katerina Dontsova Secretary | OfficerTrustee | 1 | $0 |
Sabine Pettit Vice President Elect | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,602 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,782 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,384 |
| Total Program Service Revenue | $82,269 |
| Investment income | $68,135 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $31,899 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $314,806 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,342 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $571,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,107 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,188 |
| 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 | $65,196 |
| Pension plan accruals and contributions | $5,216 |
| Other employee benefits | $1,004 |
| Payroll taxes | $4,961 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $175 |
| Fees for services: Accounting | $6,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,350 |
| Fees for services: Other | $124,954 |
| Advertising and promotion | $0 |
| Office expenses | $41,470 |
| Information technology | $17,564 |
| Royalties | $0 |
| Occupancy | $14,894 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,452 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $583 |
| Insurance | $2,595 |
| All other expenses | $0 |
| Total functional expenses | $336,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,061 |
| Savings and temporary cash investments | $3 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,757 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $55,285 |
| Prepaid expenses and deferred charges | $1,375 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,341,207 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,552,688 |
| Accounts payable and accrued expenses | $48,034 |
| Grants payable | $0 |
| Deferred revenue | $14,733 |
| 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 | $62,767 |
| Net assets without donor restrictions | $3,489,921 |
| Net assets with donor restrictions | $0 |
| 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 | $3,552,688 |
Endowment Analysis
| Beg. Balance | $3,003,891 |
| Earnings | $436,666 |
| Admin Expense | $19,350 |
| Other Expense | $80,000 |
| Ending Balance | $3,341,207 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Institute Of Physics Incorporated College Park, MD | $265,323,832 | $79,890,854 |
American Physical Society College Park, MD | $294,467,482 | $83,272,367 |
American Society Of Civil Engineers Reston, VA | $80,247,990 | $62,671,354 |
American Society For Microbiology Washington, DC | $150,116,878 | $47,169,263 |
Society For Science And The Public Washington, DC | $102,112,945 | $28,541,247 |
National Mining Association Washington, DC | $46,237,284 | $38,836,744 |
American Society For Engineering Education Washington, DC | $9,064,314 | $18,727,509 |
Information Technology Industry Council Ltd Washington, DC | $23,400,672 | $20,714,529 |
International Society Of Automation Research Triangle Park, NC | $48,395,753 | $20,258,072 |
The Computing Research Association Inc Washington, DC | $7,343,840 | $10,008,552 |
American Society For Biochemistry And Molecular Biology Inc Rockville, MD | $126,574,647 | $17,687,280 |
American Association Of Physicists In Medicine Alexandria, VA | $31,609,322 | $9,947,196 |