American Economic Association Inc
- Assets
- $56.3m
- Revenue
- $13.3m
- Investments
- $0.0
- Employees
- 99
- Location
- Nashville, TN
- Founding
- 04/1944
- Data as of
- 12/2021
- EIN
- 36-2166945
Organization Overview
American Economic Association Inc is located in Nashville, TN. The organization was established in 1944. According to its NTEE Classification (V03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Social Science and related organizations. As of 12/2021, American Economic Association Inc employed 99 individuals. This organization is the central organization for a national or regional group of organizations. American Economic 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 Economic Association Inc generated $13.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $11.8m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
THE AEA HOLDS CONFERENCES AND PROGRAMS THROUGHOUT THE YEAR INCLUDING THE ANNUAL MEETING - WHERE THE AEA IN CONJUNCTION WITH 64 ASSOCIATIONS IN RELATED DISCIPLINES KNOWN AS THE ALLIED SOCIAL SCIENCES ASSOCIATIONS (ASSA), HOLDS A THREE-DAY MEETING EACH JANUARY TO PRESENT PAPERS ON GENERAL ECONOMICS TOPICS. OTHER CONFERENCE/WORKSHOPS HELD INCLUDE THE AEA SUMMER PROGRAM, CONTINUING EDUCATION CONFERENCE, CEMENT WORKSHOPS, EDUCATE AND THE CTREE CONFERENCE.
PRODUCTION AND MAINTENANCE OF "ECONLIT" - A DATABASE OF ECONOMIC PAPERS, ARTICLES, ETC FROM TOP ECONOMIC SOURCES WHICH CAN BE USED FOR RESEARCH.
PUBLISHING OF "AMERICAN ECONOMIC REVIEW," "JOURNAL OF ECONOMIC LITERATURE," "JOURNAL OF ECONOMIC PERSPECTIVES," "AEJ:ECONOMIC POLICY," "AEJ:APPLIED ECONOMICS," "AEJ:MACROECONOMICS," "AEJ:MICROECONOMICS AND "AER: INSIGHTS." APPROXIMATELY 22,000 MEMBERS AND SUBSCRIBERS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter L Rousseau Secretary/treas | Officer | 20 | $309,564 |
Timothy Taylor Jep Manag Editor | 40 | $205,476 | |
Elizabeth Braunstein Dir Publication Services | 40 | $169,250 | |
Barbara Fiser Dir Finance & Admin | 40 | $169,016 | |
Esther Duflo Editor, Aer | Officer | 10 | $129,067 |
Amy N Finkelstein Editor, Aer: Insights | Officer | 10 | $107,469 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,300 |
| Total Program Service Revenue | $10,097,800 |
| Investment income | $1,275,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,897,568 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,278,131 |
| 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. | $1,233,451 |
| Compensation of current officers, directors, key employees. | $124,737 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,069,188 |
| Pension plan accruals and contributions | $365,672 |
| Other employee benefits | $198,485 |
| Payroll taxes | $299,500 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $180,602 |
| Fees for services: Accounting | $82,420 |
| Fees for services: Lobbying | $116,495 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $229,019 |
| Information technology | $318,118 |
| Royalties | $0 |
| Occupancy | $350,012 |
| Travel | $12,899 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,699 |
| Insurance | $60,488 |
| All other expenses | $806,595 |
| Total functional expenses | $11,805,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,592,105 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,643,933 |
| 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 | $196,044 |
| Net Land, buildings, and equipment | $71,828 |
| Investments—publicly traded securities | $52,781,393 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $56,285,303 |
| Accounts payable and accrued expenses | $504,427 |
| Grants payable | $0 |
| Deferred revenue | $2,521,674 |
| 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 | $3,026,101 |
| Net assets without donor restrictions | $53,085,903 |
| Net assets with donor restrictions | $173,299 |
| 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 | $56,285,303 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Economic Association Inc has recieved totaling $84.
| Awarding Organization | Amount |
|---|---|
Hausman Family Charitable Trust Boston, MA PURPOSE: UNRESTRICTED GIFT | $84 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Economic Association Inc Nashville, TN | $56,285,303 | $13,278,131 |
Population Association Of America Inc Alexandria, VA | $3,645,715 | $2,473,272 |
Society For Prevention Research Incorporated Fairfax, VA | $1,265,673 | $447,371 |
Economic Club Of Memphis Memphis, TN | $210,039 | $164,365 |
National Association Of Blacks In Criminal Justice Inc Durham, NC | $0 | $0 |