Association For Information Science & Technology
- Assets
- $2.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Leesburg, VA
- Founding
- 06/1939
- Data as of
- 06/2024
- EIN
- 53-0259452
Organization Overview
Association For Information Science & Technology is located in Leesburg, VA. The organization was established in 1939. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 06/2024, Association For Information Science & Technology employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For Information Science & Technology 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 06/2024, Association For Information Science & Technology generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND LEAD THE ADVANCEMENT OF INFORMATION SCIENCE AND TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND MEETINGS - EACH YEAR, ASIS&T SPONSORS HIGHLY REGARDED MEETINGS IN THE INFORMATION SCIENCE FIELD FOCUSING ON THE BREADTH OF ACTIVITIES AND ENDEAVORS OF THE INFORMATION COMMUNITY WITH TECHNICAL SESSIONS COVERING VIRTUALLY ALL THE SPECIALTIES OF THE INFORMATION PROFESSION.
PUBLICATIONS - ASIS&T PROVIDES TO ITS MEMBERS SEVERAL OF THE LEADING PUBLICATIONS IN THE FIELD OF SCIENCE; "ANNUAL REVIEW OF INFORMATION SCIENCE AND TECHNOLOGY", "JOURNAL OF THE AMERICAN SOCIETY FOR INFORMATION SCIENCE AND TECHNOLOGY", AND "BULLETIN OF THE AMERICAN SOCIETY FOR INFORMATION SCIENCE AND TECHNOLOGY."
MEMBERSHIP - ASIS&T IS THE ONLY PROFESSIONAL ASSOCIATION THAT BRIDGES THE GAP BETWEEN INFORMATION SCIENCE PRACTICE AND RESEARCH. FOR NEARLY 80 YEARS, ASIS&T HAS BEEN LEADING THE SEARCH FOR NEW AND BETTER THEORIES, TECHNIQUES, AND TECHNOLOGIES TO IMPROVE ACCESS TO INFORMATION. ASIS&T'S MEMBERS REPRESENT THOUSANDS OF RESEARCHERS, DEVELOPERS, PRACTITIONERS, STUDENTS AND PROFESSORS IN THE FIELD OF INFORMATION SCIENCE AND TECHNOLOGY FROM 50 COUNTRIES AROUND THE WORLD. THEY HAVE MADE ASIS&T AN IMPORTANT PART OF THEIR PROFESSIONAL DEVELOPMENT. MEMBERS SHARE A COMMON INTEREST IN IMPROVING THE WAYS SOCIETY STORES, RETRIEVES, ANALYZES, MANAGES, ARCHIVES, AND DISSEMINATES INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abebe Rorissa Immediate Past President | OfficerTrustee | 1 | $0 |
Crystal Fulton President | OfficerTrustee | 2 | $0 |
Ian Ruthven President-Elect | OfficerTrustee | 1 | $0 |
Chris Cunnigham Treasurer | OfficerTrustee | 0.5 | $0 |
Joan Bartlett Director-At-Large | Trustee | 0.5 | $0 |
Maria Bonn Director-At-Large | 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 | $105,891 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,891 |
| Total Program Service Revenue | $1,148,497 |
| Investment income | $77,772 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,325 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,362,660 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,772 |
| Grants and other assistance to domestic individuals. | $9,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $12,520 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $236,060 |
| Compensation of current officers, directors, key employees. | $72,020 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $371,662 |
| Pension plan accruals and contributions | $26,243 |
| Other employee benefits | $24,948 |
| Payroll taxes | $42,730 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,300 |
| Fees for services: Accounting | $39,388 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,054 |
| Fees for services: Other | $201,779 |
| Advertising and promotion | $0 |
| Office expenses | $86,462 |
| Information technology | $1,972 |
| Royalties | $0 |
| Occupancy | $50,181 |
| Travel | $212,361 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,976 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $307 |
| Insurance | $10,053 |
| All other expenses | $0 |
| Total functional expenses | $1,419,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,915 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,434 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $70,163 |
| Net Land, buildings, and equipment | $614 |
| Investments—publicly traded securities | $2,280,299 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,593,425 |
| Accounts payable and accrued expenses | $66,862 |
| Grants payable | $0 |
| Deferred revenue | $147,890 |
| 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 | $214,752 |
| Net assets without donor restrictions | $2,377,609 |
| Net assets with donor restrictions | $1,064 |
| 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 | $2,593,425 |