Form 990 for tax year 2022
Filed by AMERICAN INSTITUTE OF MINING METALLURGICAL AND PETROLEUM ENGINE.
Totals
- Total revenue
- $2,339,112
- Total expenses
- $1,828,992
- Contributions and grants received
- $0
- Grants paid
- $1,399,418
- Program service revenue
- $1,328,921
- Investment income
- $1,006,832
- Other revenue
- $3,359
- Total assets, end of year
- $11,233,526
- Total liabilities, end of year
- $53,979
- Net assets or fund balances, end of year
- $11,179,547
- Program services expenses (Part IX)
- $1,641,863
- Management and general expenses
- $187,129
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,641,863
Program services were 89.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: CONFERENCE FEES
total $1,328,921 · related or exempt $1,328,921
-
3 · Investment income
total $266,537 · excluded $266,537
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $3,359 · excluded $3,359
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $2,152,485 · other assets $400,000
-
7b · Less cost or other basis and sales expenses
securities $1,812,190
-
7c · Gain or loss
securities $340,295 · other assets $400,000
-
7d · Net gain or loss
total $740,295 · related or exempt $0 · unrelated business $0 · excluded $740,295
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,399,418 · program services $1,399,418
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $137,662 · program services $89,234 · management and general $48,428
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $8,605 · program services $5,578 · management and general $3,027
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $4,269 · program services $492 · management and general $3,777
-
11c · Fees: accounting
total $25,922 · management and general $25,922
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $59,956 · management and general $59,956
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $1,570 · program services $1,228 · management and general $342
-
13 · Office expenses
total $4,783 · management and general $4,783
-
14 · Information technology
total $18,582 · management and general $18,582
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $22,644 · program services $15,511 · management and general $7,133
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $139,944 · program services $128,197 · management and general $11,747
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $5,637 · program services $2,205 · management and general $3,432
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $50,422
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $255,058
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $12,911
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $43,837
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $10,523,291
-
12 · Investments: other securities
beginning of year $0 · end of year $348,007
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $19,811
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $34,168
-
27 · Net assets without donor restrictions
beginning of year $0 · end of year $6,705,704
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $4,473,843
Mission and programs · 2022
Mission
AIME SUPPORTS ITS MEMBER SOCIETIES BY EXERCISING FISCAL RESPONSIBILITY, DISTRIBUTING FUNDS, FACILITATING INTERACTION WITH THE COMMUNITY, (CONTINUED ON SCH 0)
Activities or mission (Part I)
AIME SUPPORTS ITS MEMBER SOCIETIES BY EXERCISING FISCAL RESPONSIBILITY, DISTRIBUTING FUNDS, FACILITATING INTERACTION WITH THE COMMUNITY, (continued on schedule o)
-
DURING THE 2022 YEAR, AIME (FILING ORGANIZATION) WAS THE RECIPIENT ORGANIZATION OF A MERGER WITH An aime organized in NEW-YORK. ALL PROGRAM ACTIVITIES OF AIME CONTINUE TO BE OPERATED BY AIME UNDER THE EIN: 61-18551499. AIME PROVIDES GRANTS TO ENCOURAGE COLLABORATION AMONG THE MEMBER SOCIETIES AND SUPPORT EFFORTS THAT CUT ACROSS ALL DISCIPLINES.
Expenses $1,386,629 · Grants $1,247,418 · Revenue $1,332,280
-
AIME AWARDS SCHOLARSHIPS AS WELL AS CERTAIN MEDALS AND AWARDS, INCLUDING HONORARY MEMBERSHIP. MANY AWARDS CARRY THE NAMESAKE OF ICONS WITHIN THE AIME DISCIPLINES OF MINING, METALLURGICAL, AND PETROLEUM ENGINEERING, THE STEEL AND IRON INDUSTRY, AND MATERIALS SCIENCE. AIME ALSO PROVIDES THE MEMBER SOCIETIES THE ANNUAL INCOME FROM ENDOWMENT FUNDS TO SUPPORT SPECIFIC PROGRAMS SUCH AS DISTINGUISHED LECTURERS, STUDENTS, YOUNG PROFESSIONALS, AND THE TECHNICAL LIBRARIES.
Expenses $152,000 · Grants $152,000
-
AIME HAS A UNIQUE POSITION IN THE ENGINEERING AND SCIENTIFIC THE COMMUNITY; IT IS A LIAISON BETWEEN ITS MEMBER SOCIETIES AND THE RELEVANT ENGINEERING AND SCIENTIFIC COMMUNITY. AIME REPRESENTS ITS MEMBER SOCIETIES AT JOINT FUNCTIONS AND CONNECT THEM TO THE COMMUNITIES, SHARING BEST PRACTICES, AND SUPPORTING OTHER COLLABORATIVE EFFORTS TO WORK JOINTLY FOR THE GREATER GOOD OF THE PROFESSION AND SOCIETY AS A WHOLE.
Expenses $39,500
-
LEGACY PRESERVATION AND PROMOTION (cont'd sch o)
Expenses $63,734
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michele Lawrie-Munro
Exec. Director, Secretary
- Total calculated
- $137,552
- From this org
- $113,183
- From related orgs
- $0
- Other
- $24,369
- Hours/week
- 40
-
George Luxbacher
Past President (to 8/2022)
- Total calculated
- $0
- Hours/week
- 4
-
Kevin Zeik
Past Pres (8/22), Pres to 8/22
- Total calculated
- $0
- Hours/week
- 4
-
Jennifer Miskimins
Pres(from 8/22), Treas.(8/22)
- Total calculated
- $0
- Hours/week
- 4
-
Elizabeth Holm
Pres.Elect, Treas(from 8/22)
- Total calculated
- $0
- Hours/week
- 4
-
Steve Gardner
Pres. Elect Design.(from 8/22)
- Total calculated
- $0
- Hours/week
- 4
-
Ron Ashburn
Trustee
- Total calculated
- $0
- Hours/week
- 4 + 40 related
-
Dave Kanagy
trustee
- Total calculated
- $0
- Hours/week
- 4 + 40 related
-
Jim Robinson
Trustee
- Total calculated
- $0
- Hours/week
- 4 + 40 related
-
Mark Rubin
Trustee
- Total calculated
- $0
- Hours/week
- 4 + 40 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
Society of Petroleum Engineers
$1,060,979
Offshore Technology Conference Surplus Share Grant, Endowment Fund Grants (Mudd, Douglas Library, Hayden, Doherty, and AIME Petroleum Research Funds)
-
Offshore Technology Conference Surplus Share Grant, Endowment Fund Grants (Mudd, Douglas Library, Hayden, and Eavenson Funds)
-
ASSN IRON AND STEEL TECHNOLOGY
$99,244
Tech Conf & scholarships
-
Offshore Technology Conference Surplus Share Grant, Endowment Fund Grants (Mudd, Douglas Library, and Hayden Funds)
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ASSOCIATION FOR IRON AND STEEL TECHNOLOG
501(C)(3) · MEMBER PROG. · PA
-
SOCIETY FOR MINING METALLURGY AND EXPLOR
501(C)(3) · MEMBER PROG. · CO
-
SOCIETY OF PETROLEUM ENGINEERS
501(C)(3) · MEMBER PROG. · TX
-
THE MINERALS METALS AND MATERIALS SOCIET
501(C)(3) · MEMBER PROG. · PA
-
AMERICAN INSTITUTE OF MINING METALLURGIC
501(c)(3) · liaison · NY
Directly controlled by see part vii
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332069349301003
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