The Economic Science Association is located in Tuscaloosa, AL. The organization was established in 1987. According to its NTEE Classification (V30) the organization is classified as: Interdisciplinary Research, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Science Association 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, Economic Science Association generated $176.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $109.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AN EDUCATIONAL AND SCIENTIFIC ORGANIZATION THAT SPONSORS CONFERENCES, MAINTAINS A PROFESSIONAL WEBSITE AND IS A CONTRACTUAL HOLDER OF RIGHTS IN TWO PROFESSIONAL JOURNALS (EXPERIMENTAL ECONOMICS AND THE JOURNAL OF THE ECONOMIC SCIENCE ASSOCIATION).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ESA CONDUCTED 1 VIRTUAL AROUND-THE-CLOCK GLOBAL CONFERENCE THIS YEAR IN AUGUST 2021, AND 1 IN-PERSON NORTH AMERICAN REGIONAL MEETING IN TUCSON, AZ IN OCTOBER 2021.
THE ESA WAS INVOLVED IN PUBLISHING TWO JOURNALS. THE EXPENSES INVOLVE PAYMENTS TO THE PUBLISHER FOR PRODUCING AND CIRCULATING THE JOURNALS AS WELL AS A PRIZE FOR THE BEST PAPER PUBLISHED DURING THE YEAR. THE REVENUE CONSISTS OF THE JOURNAL ROYALTIES AND THE PORTION OF MEMBERSHIP DUES NECESSARY TO COVER THE COSTS OF THE JOURNAL.
THE ESA MAINTAINS A WEBSITE TO PROVIDE INFORMATION ABOUT THE ASSOCIATION'S ACTIVITIES AND ITS CONFERENCES. THERE ARE EXPENSES TO RUN THAT AS WELL AS MISCELLANEOUS BACK OFFICE EXPENSES. EXPENSES ALSO INCLUDE FEES FROM THE CREDIT CARD GATEWAY. REVENUES FROM THE PORTION OF THE MEMBERSHIP DUES NOT REQUIRED TO PAY FOR JOURNAL PUBLICATION ARE USED TO PAY FOR THESE EXPENSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marie-Claire Villeval President | Officer | 3 | $0 |
Charles Noussair President El | Officer | 3 | $0 |
David Cooper N American V | Officer | 3 | $0 |
Dorothea Kubler European Vic | Officer | 3 | $0 |
Dan Friedman Past Preside | Officer | 3 | $0 |
Nick Feltovich Asia-Pacific | Officer | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $30,970 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $30,970 |
Total Program Service Revenue | $145,895 |
Investment income | $32 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $176,897 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,600 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
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 | $90,305 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $800 |
All other expenses | $0 |
Total functional expenses | $109,794 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $348,178 |
Savings and temporary cash investments | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $348,178 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $348,178 |
Net assets with donor restrictions | $0 |
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 | $348,178 |
Organization Name | Assets | Revenue |
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Project South The Institution For The Elimination Poverty & Genocide Atlanta, GA | $27,866,929 | $28,428,472 |
Step Up Savannah Inc Savannah, GA | $717,377 | $706,772 |
Crosswinds Foundation For Faith And Culture Trussville, AL | $94,637 | $258,050 |
National Extension Association Of Family And Consumer Sciences Tallahassee, FL | $2,029,651 | $387,847 |
American Academy Of Underwater Sciences Mobile, AL | $223,489 | $200,461 |
The Economic Science Association Tuscaloosa, AL | $348,178 | $176,897 |
Veterans Organization Of Resource & Recovery For The Homele Eustis, FL | $4,160 | $28,999 |
International Weed Science Society Gilmore Annex Mississippi, MS | $79,049 | $0 |