American Geological Institute
- Assets
- $15.8m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 56
- Location
- Alexandria, VA
- Founding
- 02/1964
- Data as of
- 09/2023
- EIN
- 52-0786946
Organization Overview
American Geological Institute, operating under the name American Geosciences Institute, is located in Alexandria, VA. The organization was established in 1964. According to its NTEE Classification (U36) the organization is classified as: Geology, under the broad grouping of Science & Technology and related organizations. As of 09/2023, American Geosciences Institute employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Geosciences Institute 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 09/2023, American Geosciences Institute generated $5.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $5.7m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO SERVING THE GEOSCIENCE COMMUNITY AND ADDRESSING THE NEEDS OF SOCIETY. SEE SCH O
Describe the Organization's Program Activity:
GEOREF: THE COMPUTERIZED BIBLIOGRAPHIC DATABASE RECORDS AND INDEXES THE WORLD'S GEOSCIENCE LITERATURE MAKING THIS INFORMATION ACCESSIBLE TO EARTH SCIENTISTS AND THE GENERAL PUBLIC. ESTABLISHED BY THE AMERICAN GEOSCIENCES INSTITUTE IN 1966, THE GEOREF DATABASE PROVIDES ACCESS TO THE GEOSCIENCE LITERATURE OF THE WORLD. GEOREF IS THE MOST COMPREHENSIVE DATABASE IN THE GEOSCIENCES AND CONTINUES TO GROW BY MORE THAN 100,000 REFERENCES A YEAR. THE DATABASE CONTAINS OVER 4 MILLION REFERENCES TO GEOSCIENCE JOURNAL ARTICLES, BOOKS, MAPS, CONFERENCE PAPERS, REPORTS AND THESES.
EDUCATION: AGI'S EDUCATION PROGRAM INCLUDE AWARDS FOR EXCELLENCE IN TEACHING K-12 EARTH SCIENCE, WORKING IN PARTNERSHIP WITH COMMERCIAL PUBLISHERS TO PROVIDE EXEMPLARY EARTH SCIENCE CURRICULA, OFFERING BOTH FACE-TO-FACE AND ONLINE EARTH SCIENCE PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR K-12 TEACHERS, A COLLECTION OF RESOURCES TO AID IN K-12 EARTH SCIENCE TEACHING, AND ONLINE RESOURCES FOR PROFESSIONAL GEOSCIENTISTS WORKING WITH CLASSROOM TEACHERS.
WORKFORCE: INCLUDES GEOSCIENCE WORKFORCE DATA, RESOURCES FOR HIGHER EDUCATION AND CAREERS IN THE GEOSCIENCES, AND SPECIAL PROGRAMS SUCH AS THE GEOSCIENCE ONLINE LEARNING INITIATIVE (GOLI), AN AGI-AIPG COLLABORATION PROVIDING FREE ON-DEMAND COURSES.THE AGI WORKFORCE PROGRAM WAS BUILT ON DATA COLLECTION AND ANALYSIS. SINCE 1955, AGI HAS MAINTAINED DATABASES OF ACADEMIC GEOSCIENCE PROGRAMS IN THE UNITED STATES, AND MORE RECENTLY, GLOBALLY. IN ADDITION, THE WORKFORCE PROGRAM ALSO CONDUCTS REGULAR SURVEYS ON GEOSCIENCE GRADUATES AND REPORTS ON THE STATE OF THE GEOSCIENCE WORKFORCE BIENNIALLY. WE ALSO PROVIDE BASELINE DATA FROM FEDERAL AND INDUSTRY SOURCES ON GENERAL INTEREST ITEMS, SUCH AS SALARIES AND EMPLOYMENT LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan G Price President | OfficerTrustee | 2 | $0 |
Keri Nutter President- Elect | OfficerTrustee | 2 | $0 |
Paul Weimer Past President | OfficerTrustee | 2 | $0 |
Rebecca Caldwell Secretary | OfficerTrustee | 1 | $0 |
Ron Wallace Treasurer | OfficerTrustee | 2 | $0 |
Aida Farough Member At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,061,652 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,071,552 |
| Total Program Service Revenue | $4,087,629 |
| Investment income | $175,401 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,952 |
| Net Gain/Loss on Asset Sales | -$178,407 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,203,026 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $21,648 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $645,798 |
| Compensation of current officers, directors, key employees. | $168,262 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,524,915 |
| Pension plan accruals and contributions | $116,899 |
| Other employee benefits | $468,576 |
| Payroll taxes | $141,517 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,039 |
| Fees for services: Accounting | $172,724 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $79,210 |
| Fees for services: Other | $211,186 |
| Advertising and promotion | $0 |
| Office expenses | $165,020 |
| Information technology | $176,470 |
| Royalties | $57,024 |
| Occupancy | $45,195 |
| Travel | $77,346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,309 |
| Interest | $73,189 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $282,606 |
| Insurance | $23,345 |
| All other expenses | $0 |
| Total functional expenses | $5,682,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,585,390 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $613,377 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,990 |
| Prepaid expenses and deferred charges | $58,343 |
| Net Land, buildings, and equipment | $3,030,235 |
| Investments—publicly traded securities | $5,841,425 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $108,540 |
| Other assets | $4,513,363 |
| Total assets | $15,757,663 |
| Accounts payable and accrued expenses | $455,489 |
| 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 | $1,291,606 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,747,095 |
| Net assets without donor restrictions | $9,294,796 |
| Net assets with donor restrictions | $4,715,772 |
| 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 | $15,757,663 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazon Conservation Team Falls Church, VA | $24,388,458 | $10,305,630 |
Geoscienceworld Mclean, VA | $6,949,561 | $10,244,736 |
American Geological Institute Alexandria, VA | $15,757,663 | $5,203,026 |
American Geosciences Institute Foundation Alexandria, VA | $0 | $235,070 |
International Union Of Geological Sciences Reston, VA | $1,621,012 | $710,193 |
Mineral Volunteer Dept Mineral, VA | $2,058,277 | $712,678 |
Appalachian Underground Corrosion Short Course Morgantown, WV | $483,862 | $231,667 |
Sorptive Minerals Institute Washington, DC | $117,818 | $125,988 |
Energy And Mineral Law Foundation Wheeling, WV | $1,061,706 | $52,943 |
Forsyth Gem And Mineral Club Pfafftown, NC | $37,043 | $0 |
International Center For Remore Sensing Educati0n Elkridge, MD | $2,986 | $0 |