American Chemical Society
- Assets
- $130.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 05/1946
- Data as of
- 12/2021
- EIN
- 35-6031737
Organization Overview
American Chemical Society is located in Indianapolis, IN. The organization was established in 1946. According to its NTEE Classification (U33) the organization is classified as: Chemistry & Chemical Engineering, under the broad grouping of Science & Technology and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Chemical 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, American Chemical Society generated $70.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $47.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) 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
PROJECT STEM - TRACK-1: PROJECT STEM WAS A SUBSTITUTE FOR THE ANNUAL PROJECT SEED OWING TO THE COVID-19 PANDEMIC. THIS PROGRAM OFFERS STUDENTS FROM MINORITY AND UNDERREPRESENTED COMMUNITIES AN OPPORTUNITY TO INTERACT WITH SCIENTISTS AND MENTORS IN STEM FIELDS. THIS YEAR, THE PROGRAM WAS HELD VIRTUALLY. MANY OF THE STUDENTS WERE GIVEN VIRTUAL TOURS OF LABS AND FACILITIES AND HAD NUMEROUS VIRTUAL MENTORING AND PANEL DISCUSSION SESSIONS. THE STUDENTS GREATLY BENEFITED FROM THESE INTERACTIONS AS THEY BECAME MORE WELL-VERSED WITH THE OPPORTUNITIES IN STEM FIELDS AS WELL AS CAREER PATHS AVAILABLE.
PROJECT STEM - TRACK-1: PROJECT STEM WAS A SUBSTITUTE FOR THE ANNUAL PROJECT SEED OWING TO THE COVID-19 PANDEMIC. THIS PROGRAM OFFERS STUDENTS FROM MINORITY AND UNDERREPRESENTED COMMUNITIES AN OPPORTUNITY TO INTERACT WITH SCIENTISTS AND MENTORS IN STEM FIELDS. THIS YEAR, THE PROGRAM WAS HELD VIRTUALLY. MANY OF THE STUDENTS WERE GIVEN VIRTUAL TOURS OF LABS AND FACILITIES AND HAD NUMEROUS VIRTUAL MENTORING AND PANEL DISCUSSION SESSIONS. THE STUDENTS GREATLY BENEFITED FROM THESE INTERACTIONS AS THEY BECAME MORE WELL-VERSED WITH THE OPPORTUNITIES IN STEM FIELDS AS WELL AS CAREER PATHS AVAILABLE.
PROJECT STEM - TRACK-1: PROJECT STEM WAS A SUBSTITUTE FOR THE ANNUAL PROJECT SEED OWING TO THE COVID-19 PANDEMIC. THIS PROGRAM OFFERS STUDENTS FROM MINORITY AND UNDERREPRESENTED COMMUNITIES AN OPPORTUNITY TO INTERACT WITH SCIENTISTS AND MENTORS IN STEM FIELDS. THIS YEAR, THE PROGRAM WAS HELD VIRTUALLY. MANY OF THE STUDENTS WERE GIVEN VIRTUAL TOURS OF LABS AND FACILITIES AND HAD NUMEROUS VIRTUAL MENTORING AND PANEL DISCUSSION SESSIONS. THE STUDENTS GREATLY BENEFITED FROM THESE INTERACTIONS AS THEY BECAME MORE WELL-VERSED WITH THE OPPORTUNITIES IN STEM FIELDS AS WELL AS CAREER PATHS AVAILABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Mathes Councilor | 4 | $0 | |
Abdallah Diagne Chair Elect | 4 | $0 | |
Arvind Jaganathan Treasurer | 4 | $0 | |
Carmin Burrell Member-At-Large | 4 | $0 | |
Beth Lorsbach Councilor | 4 | $0 | |
Christine Skaggs Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,367 |
| Total Program Service Revenue | $396 |
| Membership dues | $7,488 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,251 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $308 |
| Other expenses | $25,681 |
| Total expenses | $47,570 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $130,493 |
| Other assets | $0 |
| Total assets | $130,493 |
| Total liabilities | $0 |
| Net assets or fund balances | $130,493 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Chemical Society has recieved totaling $10,250.
| Awarding Organization | Amount |
|---|---|
American Chemical Society Washington, DC PURPOSE: GENERAL SUPPORT | $10,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Oil Chemists Society Urbana, IL | $5,203,190 | $4,965,547 |
National Biodiesel Foundation Jefferson City, MO | $368,400 | $275,504 |
American Chemical Society Park Ridge, IL | $2,051,727 | $148,469 |
American Chemical Society Columbia, MO | $752,965 | $102,455 |
American Chemical Society Indianapolis, IN | $130,493 | $0 |
American Chemical Society Eureka, MO | $360,841 | $0 |
Polymer Processing Society Madison, WI | $363,192 | $0 |
Society Of Cosmetic Chemists Chicago, IL | $365,914 | $0 |
Friends Of The Royal Society Of Chemistry Inc Milwaukee, WI | $40,963 | $6 |