American Academy Of Sciences And Letters Inc
- Assets
- $461.8k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Dover, DE
- Founding
- Data as of
- 12/2023
- EIN
- 92-3208317
Organization Overview
American Academy Of Sciences And Letters Inc is located in Dover, DE. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy Of Sciences And Letters Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN ACADEMY OF SCIENCES AND LETTERS (AASL) PROMOTES SCHOLARSHIP AND HONORS OUTSTANDING ACHIEVEMENT IN THE ARTS, SCIENCES, AND LEARNED PROFESSIONS. IT ENCOURAGES THE FRUITFUL EXCHANGE OF IDEAS WITHIN ACADEMIA AND SOCIETY AT LARGE BY SPONSORING OCCASIONS FOR SCHOLARLY INTERACTION AND PROVIDING PLATFORMS FOR THE PRESENTATION AND DISSEMINATION OF SCHOLARSHIP IN THE HUMANITIES, SOCIAL SCIENCES, NATURAL SCIENCES, MATHEMATICS, AND ENGINEERING.IN ADDITION TO AWARDING CASH PRIZES TO RENOWNED SCHOLARS,THE ORGANIZATION IS DEDICATED TO REVITALIZING INTELLECTUAL LIFE AND RESTORING THE INTELLECTUAL RIGOR AND DIVERSITY OF AMERICAN COLLEGES, UNIVERSITIES, AND PUBLIC INTELLECTUAL DISCOURSE. AASL SUPPORTS THE FUNDAMENTAL AND CONSTITUTIVE MISSION OF COLLEGES AND UNIVERSITIES AS TRUTH-SEEKING, KNOWLEDGE ADVANCING INSTITUTIONS IN NUMEROUS WAYS. IT PRODUCES WHITE PAPERS EXAMINING SUCH TOPICS AS ACADEMIC FREEDOM AND INTEGRITY, THE CRISIS OF THE HUMANITIES, AND THE RESPONSIBILITIES OF EDUCATORS, AND
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN ACADEMY OF SCIENCES AND LETTERS AWARDS THE BARRY PRIZE WHICH IS A CASH PRIZE FOR SCHOLARS ACROSS DIVERSE FIELDS AND DISCIPLINES AND IS INTENDED TO HONOR THOSE WHOSE WORK HAS MADE OUTSTANDING CONTRIBUTIONS TO HUMANITY'S KNOWLEDGE, APPRECIATION, AND CULTIVATION OF THE GOOD, THE TRUE, AND THE BEAUTIFUL. RECIPIENTS ARE NOMINATED BY THE MEMBERS OF THE ACADEMY AND APPOINTED BY THE BOARD OF DIRECTORS.THE ORGANIZATION ALSO AWARDS THE ROBERT J. ZIMMER MEDAL FOR INTELLECTUAL FREEDOM ON AN ANNUAL BASIS TO A PUBLIC THINKER WHO DISPLAYS EXTRAORDINARY COURAGE IN THE EXERCISE OF INTELLECTUAL FREEDOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Forster Exec. Director | Officer | 40 | $92,308 |
Donald Landry President | OfficerTrustee | 1 | $0 |
William Allen Trustee | Trustee | 1 | $0 |
Brandice Canes-Wrone Trustee | Trustee | 1 | $0 |
Margaret Chisolm Trustee | Trustee | 1 | $0 |
Carlos Eire Trustee | Trustee | 1 | $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 | $1,500,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500,100 |
| Total Program Service Revenue | $0 |
| Investment income | $11 |
| 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 | $1,500,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $510,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,308 |
| Compensation of current officers, directors, key employees. | $18,462 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,090 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,093 |
| Advertising and promotion | $14,732 |
| Office expenses | $1,175 |
| Information technology | $14,400 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $45,540 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $166,987 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $520 |
| All other expenses | $835 |
| Total functional expenses | $1,038,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $461,761 |
| 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 | $461,761 |
| 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 | $461,761 |
| 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 | $461,761 |