American Musicological Society Inc is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, American Musicological Society Inc employed 5 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Musicological 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 06/2022, American Musicological Society Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $954.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN MUSICOLOGICAL SOCIETY, INC. (AMS), FOUNDED IN 1942, IS COMMITTED TO ADVANCING RESEARCH, EDUCATION, AND PUBLIC UNDERSTANDING OF MUSIC, MUSICOLOGY, AND PERFORMANCE, AS A BRANCH OF LEARNING AND SCHOLARSHIP.
Describe the Organization's Program Activity:
THE AMERICAN MUSICOLOGICAL SOCIETY, INC. (AMS OR THE ORGANIZATION) IS A MEMBERSHIP-BASED ORGANIZATION FOUNDED IN 1934 TO ADVANCE RESEARCH AND TEACHING IN THE VARIOUS FIELDS OF MUSIC AS A BRANCH OF LEARNING AND SCHOLARSHIP. ABOUT 3,000 INDIVIDUALS AND 700 LIBRARY SUBSCRIBERS FROM OVER FORTY NATIONS PARTICIPATE IN THE SOCIETY.THE PRIMARY PROGRAM ACTIVITIES OF THE SOCIETY ARE: THE PUBLICATION OF ITS JOURNAL PUBLICATIONS GRANTMAKING (SUPPORT FOR PUBLISHED MUSICOLOGICAL RESEARCH) AN ANNUAL MEETING WHERE MUSIC RESEARCH IS PRESENTED AND DISCUSSED FELLOWSHIPS FOR GRADUATE STUDY IN MUSICOLOGY EVALUATION AND PRESENTATION OF AWARDS FOR OUTSTANDING PUBLICATIONS TRAVEL AND RESEARCH GRANTS FOR ALL ASPECTS OF MUSICOLOGY SUPPORT FOR PUBLIC LECTURE SERIES ON MUSICOLOGICAL TOPICS FOR A WIDER PUBLICTHE PROGRAMS ARE SUPPORTED AND MANAGED BY THE BOARD OF DIRECTORS, THE GOVERNING BODY WITH WIDE REPRESENTATION (AMS COUNCIL), AND PAID ADMINISTRATIVE STAFF. FINANCIAL SUPPORT FOR ACTIVITIES IS PROVIDED THROUGH THE SOCIETY'S HOST INSTITUTION, NEW YORK UNIVERSITY. THE NATIONAL ENDOWMENT FOR THE HUMANITIES AND THE UNIVERSITY OF MICHIGAN ALSO SUPPORT THE SOCIETY'S EFFORT TO PUBLISH A SERIES OF CRITICAL EDITIONS FOCUSED ON AMERICAN MUSIC AND TITLED MUSIC OF IN THE UNITED STATES OF AMERICA (MUSA). OVER THREE HUNDRED MEMBERS OF THE SOCIETY SERVE VOLUNTARILY ON COMMITTEES AND BOARDS TO ASSIST IN ACCOMPLISHING ITS GOALS. IN THE FISCAL YEAR ENDED JUNE 30, 2022, THE FOLLOWING PROGRAMS/PUBLICATIONS WERE NEW OR REVISED.A.MANY MUSICS OF AMERICA (EVENT SERIES): THE MANY MUSICS OF AMERICA PROJECT IS A LANDMARK EVENT SERIES ORGANIZED BY THE AMERICAN MUSICOLOGICAL SOCIETY TO SPOTLIGHT THE RICHNESS AND DIVERSITY OF AMERICAS MUSICAL TRADITIONS AS THE COUNTRY APPROACHES ITS 250TH ANNIVERSARY. PARTIALLY FUNDED BY A GRANT FROM THE NATIONAL WRITING PROJECT, THE MANY MUSICS OF AMERICA PROJECT IS ANCHORED AND CO-ORGANIZED BY VOLUNTEERS FROM THE AMERICAN MUSICOLOGICAL SOCIETYS NETWORK OF FIFTEEN REGIONAL CHAPTERS. THE SERIES INCLUDES A MIX OF ONLINE AND IN-PERSON EVENTS ORGANIZED BY MUSIC STUDIES EXPERTS FOR MUSIC ENTHUSIASTS AND A WIDER PUBLIC INTERESTED IN THE HISTORY, RICHNESS AND DIVERSITY OF AMERICAS MUSICAL TRADITIONS. ALL EVENTS ARE FREE OR LOW-COST AND WILL BE ACCOMPANIED BY ARTICLES ILLUMINATING THE DEVELOPMENT AND UNIQUE FEATURES OF THE MUSIC EXPLORED. MOST EVENTS WILL BE RECORDED AND MADE AVAILABLE FOR LATER VIEWING ONLINE.B.MUSIC MEANS (PUBLICATION): MUSIC MEANS EXPLORES THE COMPLEX ARTISTIC, SOCIAL, COMMERCIAL, POLITICAL, AND MATERIAL HISTORIES OF AMERICAN MUSIC. LAUNCHED AS PART OF THE MANY MUSICS OF AMERICA PROJECT, A SPECIAL EVENT SERIES ORGANIZED BY THE AMERICAN MUSICOLOGICAL SOCIETY, MUSIC MEANS PUBLISHES ORIGINAL NARRATIVE AND COMMENTARY, ALONGSIDE MULTIMEDIA FEATURES, EDUCATIONAL RESOURCES, AND MORE. IT PROVIDES A WEALTH OF INFORMATION TO HELP USERS UNDERSTAND HOW DIFFERENT FORMS OF MUSIC SIMPLE AND MULTI-LAYERED, HARMONIOUS AND DISSONANT, TRADITIONAL AND INNOVATIVE ARE WOVEN INTO THE STORY OF AMERICA AND ITS PEOPLES.C.MEETING & EVENTS BULLETIN (PUBLICATION): THE AMS PUBLISHES MEETING & EVENTS BULLETIN, EVOLVED FROM THE ANNUAL MEETING BULLETIN, PROVIDE REGULAR UPDATES ON AMS MEETINGS AND EVENT IN THE FORM OF A REGULAR E-NEWSLETTER. PUBLISHED AROUND THE 15TH OF MOST MONTHS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Siovahn Walker Executive Dir. | Officer | 40 | $113,771 |
Danielle Fosler-Lussier Vice President | OfficerTrustee | 8 | $0 |
Samuel Dorf Treasurer | OfficerTrustee | 2 | $0 |
Jason Geary Director | Trustee | 2 | $0 |
Laurie Stras Director | Trustee | 2 | $0 |
Georgia Cowart President-Elect | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $243,073 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $353,071 |
Noncash contributions included in lines 1a–1f | $32,956 |
Total Revenue from Contributions, Gifts, Grants & Similar | $596,144 |
Total Program Service Revenue | $329,972 |
Investment income | $156,937 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $323,247 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,406,300 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $151,607 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $136,903 |
Compensation of current officers, directors, key employees. | $27,381 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $168,381 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $21,201 |
Payroll taxes | $17,546 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,349 |
Fees for services: Accounting | $42,328 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $28,475 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $61,891 |
Information technology | $0 |
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 | $55,753 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $2,802 |
Total functional expenses | $954,498 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $317,626 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $36,419 |
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 | $117,056 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $8,162,414 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $484,421 |
Total assets | $9,117,936 |
Accounts payable and accrued expenses | $96,627 |
Grants payable | $0 |
Deferred revenue | $79,625 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $5,843 |
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 | $182,095 |
Net assets without donor restrictions | $1,894,791 |
Net assets with donor restrictions | $7,041,050 |
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 | $9,117,936 |