American Institute Of The History Of Pharmacy
- Assets
- $1.9m
- Revenue
- $163.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Madison, WI
- Founding
- 09/1943
- Data as of
- 06/2023
- EIN
- 39-0128183
Organization Overview
American Institute Of The History Of Pharmacy is located in Madison, WI. The organization was established in 1943. As of 06/2023, American Institute Of The History Of Pharmacy employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Institute Of The History Of Pharmacy 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 06/2023, American Institute Of The History Of Pharmacy generated $163.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $247.1k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH IN THE HISTORY OF PHARMACY, PUBLISHING OF HISTORICAL WORKS, ORGANIZING OF CONFERENCES AND GRANTING OF SCHOLARSHIPS AND AWARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH IN THE HISTORY OF PHARMACY, PUBLISHING OF HISTORICAL WORKS, ORGANIZING OF CONFERENCES AND GRANTING OF SCHOLARSHIPS AND AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Birke Executive Direc | OfficerTrustee | 40 | $80,520 |
Lucas Richert Board Member | Trustee | 0.5 | $0 |
John E Clark Board Member | Trustee | 0.5 | $0 |
Arthur Daemmrich Board Member | Trustee | 0.5 | $0 |
Robert Buerki Secretary | OfficerTrustee | 0.5 | $0 |
Nancy A Alvarez Board Member | Trustee | 0.5 | $0 |
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 | $12,350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,350 |
| Total Program Service Revenue | $81,725 |
| Investment income | $68,422 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,107 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,113 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $163,623 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,994 |
| Compensation of current officers, directors, key employees. | $28,995 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,660 |
| Pension plan accruals and contributions | $2,098 |
| Other employee benefits | $7,998 |
| Payroll taxes | $10,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,889 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,547 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,883 |
| Information technology | $1,782 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,108 |
| All other expenses | $2,671 |
| Total functional expenses | $247,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $90,170 |
| 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 | $10,729 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,787,199 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $53,810 |
| Total assets | $1,941,908 |
| Accounts payable and accrued expenses | $5,516 |
| 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 | $5,516 |
| Net assets without donor restrictions | $1,718,533 |
| Net assets with donor restrictions | $217,859 |
| 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 | $1,941,908 |