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Nonprofiteer
← ECONOMETRIC SOCIETY INC

Form 990 for tax year 2022

Filed by ECONOMETRIC SOCIETY INC.

Totals

Total revenue
$2,132,546
Total expenses
$1,772,354
Contributions and grants received
$1,318,318
Grants paid
$0
Program service revenue
$691,797
Investment income
$122,431
Other revenue
$0
Total assets, end of year
$5,384,362
Total liabilities, end of year
$652,108
Net assets or fund balances, end of year
$4,732,254
Program services expenses (Part IX)
$1,450,873
Management and general expenses
$321,481
Fundraising expenses
$0
Program service expenses (Part III)
$1,450,873

Program services were 81.9% 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.

  • 1b · Membership dues

    $1,318,318

  • 2a · Program service revenue: MEETING INCOME

    total $391,234 · related or exempt $391,234

  • 2b · Program service revenue: SPONSORSHIPS

    total $104,000 · related or exempt $104,000

  • 2c · Program service revenue: SUBMISSIONS

    total $69,100 · related or exempt $69,100

  • 2d · Program service revenue: ROYALTIIES AND DONATIO

    total $47,419 · related or exempt $47,419

  • 2e · Program service revenue: PUBLISHING

    total $39,110 · related or exempt $39,110

  • 2f · All other program service revenue

    total $40,934 · related or exempt $40,934

  • 3 · Investment income

    total $123,222 · excluded $123,222

  • 7a · Gross sales of assets other than inventory

    securities $228,975

  • 7b · Less cost or other basis and sales expenses

    securities $229,766

  • 7c · Gain or loss

    securities -$791

  • 7d · Net gain or loss

    total -$791 · excluded -$791

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $165,342 · program services $82,671 · management and general $82,671

  • 6 · Compensation of disqualified persons

    total $239,705 · program services $119,852 · management and general $119,853

  • 11c · Fees: accounting

    total $64,050 · management and general $64,050

  • 13 · Office expenses

    total $59,189 · program services $29,594 · management and general $29,595

  • 14 · Information technology

    total $49,721 · program services $24,860 · management and general $24,861

  • 17 · Travel

    total $52,667 · program services $52,667

  • 22 · Depreciation, depletion and amortization

    total $4,291 · program services $4,291

  • 24a · Other expenses: PRINTING & PUBLICATIONS

    total $738,814 · program services $738,814

  • 24b · Other expenses: REGIONAL GRANTS

    total $353,389 · program services $353,389

  • 24c · Other expenses: WORLD CONGRESS EXPENSES

    total $20,000 · program services $20,000

  • 24d · Other expenses: YOUNG ECONOMIST ACTIVIT

    total $13,000 · program services $13,000

  • 24e · All other expenses

    total $12,186 · program services $11,735 · management and general $451

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $511,732 · end of year $613,127

  • 4 · Accounts receivable

    beginning of year $171,942 · end of year $161,203

  • 8 · Inventories for sale or use

    beginning of year $7,656 · end of year $6,864

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,000 · end of year $33,725

  • 10a · Land, buildings and equipment: cost or other basis

    $73,134

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,291

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $68,843

  • 11 · Investments: publicly traded securities

    beginning of year $5,029,267 · end of year $4,500,600

  • 17 · Accounts payable and accrued expenses

    beginning of year $93,701 · end of year $141,341

  • 19 · Deferred revenue

    beginning of year $430,102 · end of year $510,767

  • 27 · Net assets without donor restrictions

    beginning of year $5,204,174 · end of year $4,717,407

  • 28 · Net assets with donor restrictions

    beginning of year $14,620 · end of year $14,847

Mission and programs · 2022

Mission

PROMOTING RESEARCH ACROSS ALL AREAS OF ECONOMICS, USING AND DEVELOPING APPROPRIATE THEORETICAL AND EMPIRICAL TOOLS TO ADDRESS IMPORTANT ECONOMIC QUESTIONS.

Activities or mission (Part I)

PROMOTE ECONOMIC RESEARCH & IMPLEMENT SOLUTIONS TO ADDRESS IMPORTANT ECONOMIC ISSUES.

  • PUBLICATION OF SCHOLARLY JOURNALS, ECONOMETRICA, QUANTITATIVE ECONOMICS, AND THEORETICAL ECONOMICS; PUBLICATION OF A MONOGRAPH SERIES; ORGANIZATION OF SCIENTIFIC MEETINGS IN SIX REGIONS OF THE WORLD; AND CONDUCTING ELECTIONS FOR FELLOWS OF THE ECONOMETRIC SOCIETY.

    Expenses $1,450,873 · Revenue $691,797

As filed on the 2022 return.

Listed in Part VII

  • Pinelopi Koujianou-Goldberg

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Enrique Sentana

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Michael Keane

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Guido Tabellini

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Guido Imbens

    TRUSTEE/EDITOR

    Total calculated
    $67,639
    From this org
    $67,639
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5
  • Rosa Matzkin

    FIRST VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Hidehiko Ichimura -

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Itzhak Gilboa

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Michihiro Kandori

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Larry Samuelson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • George Mailath

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dilip Mookherjee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Joseph G Altonji

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Oriana Bandiera

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Xiaohong Chen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Gabrielle Demange

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Nobuhiro Kiyotaki

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Paul Klemperer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Helene Rey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Jean-Marc Robin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Steve Berry

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Amy Finkelstein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Katherine Ho

    TRUSTEE

    Total calculated
    $33,820
    From this org
    $33,820
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5
  • Monika Piazzesi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dirk Bergemann

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Eliana La Ferrara Comm 1122

    SECOND VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Aureo De Paula Comm 1122

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Jan Eeckhout Comm 1122

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Simon Board Comm 7122

    TRUSTEE/EDITOR

    Total calculated
    $33,820
    From this org
    $33,820
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5
  • Stephane Bonhommme Comm 7122

    TRUSTEE/EDITOR

    Total calculated
    $30,062
    From this org
    $30,062
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
7 September 2023
IRS schema version
2022v5.0
Source object
202342549349300524

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