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Nonprofiteer
← ECONOMETRIC SOCIETY INC

Form 990 for tax year 2024

Filed by ECONOMETRIC SOCIETY INC.

Totals

Total revenue
$2,902,747
Total expenses
$2,328,723
Contributions and grants received
$1,472,179
Grants paid
$0
Program service revenue
$1,115,728
Investment income
$314,840
Other revenue
$0
Total assets, end of year
$7,216,515
Total liabilities, end of year
$743,450
Net assets or fund balances, end of year
$6,473,065
Program services expenses (Part IX)
$1,939,413
Management and general expenses
$389,310
Fundraising expenses
$0
Program service expenses (Part III)
$1,939,413

Program services were 83.3% 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

    $1,472,179

  • 2a · Program service revenue: MEETING INCOME

    total $710,930 · related or exempt $710,930

  • 2b · Program service revenue: SUBMISSIONS

    total $136,707 · related or exempt $136,707

  • 2c · Program service revenue: ROYALTIES AND DONATION

    total $70,889 · related or exempt $70,889

  • 2d · Program service revenue: PUBLISHING FEES

    total $63,860 · related or exempt $63,860

  • 2e · Program service revenue: SPONSORSHIPS

    total $63,335 · related or exempt $63,335

  • 2f · All other program service revenue

    total $70,007 · related or exempt $70,007

  • 3 · Investment income

    total $194,583 · excluded $194,583

  • 7a · Gross sales of assets other than inventory

    securities $300,267

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

    securities $180,010

  • 7c · Gain or loss

    securities $120,257

  • 7d · Net gain or loss

    total $120,257 · excluded $120,257

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $270,310 · program services $135,155 · management and general $135,155

  • 7 · Other salaries and wages

    total $239,664 · program services $119,832 · management and general $119,832

  • 11c · Fees: accounting

    total $76,909 · management and general $76,909

  • 13 · Office expenses

    total $79,686 · program services $39,843 · management and general $39,843

  • 14 · Information technology

    total $33,202 · program services $16,601 · management and general $16,601

  • 17 · Travel

    total $99,645 · program services $99,645

  • 22 · Depreciation, depletion and amortization

    total $31,134 · program services $31,134

  • 24a · Other expenses: PRINTING & PUBLICATIONS

    total $819,439 · program services $819,439

  • 24b · Other expenses: REGIONAL MEETING EXPENS

    total $592,987 · program services $592,987

  • 24c · Other expenses: YOUNG ECONOMIST ACTIVIT

    total $38,933 · program services $38,933

  • 24d · Other expenses: WORLD CONGRESS EXPENSES

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

  • 24e · All other expenses

    total $26,814 · program services $25,844 · management and general $970

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $634,224 · end of year $710,659

  • 4 · Accounts receivable

    beginning of year $194,186 · end of year $225,276

  • 8 · Inventories for sale or use

    beginning of year $10,176 · end of year $584

  • 9 · Prepaid expenses and deferred charges

    beginning of year $61,619 · end of year $52,359

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

    $95,396

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

    $64,564

  • 10c · Land, buildings and equipment, net

    beginning of year $60,103 · end of year $30,832

  • 11 · Investments: publicly traded securities

    beginning of year $5,672,895 · end of year $6,196,805

  • 17 · Accounts payable and accrued expenses

    beginning of year $347,480 · end of year $214,866

  • 19 · Deferred revenue

    beginning of year $623,486 · end of year $528,584

  • 27 · Net assets without donor restrictions

    beginning of year $5,658,662 · end of year $6,473,065

  • 28 · Net assets with donor restrictions

    beginning of year $3,575 · end of year $0

Mission and programs · 2024

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 $1,939,413 · Revenue $505,622

As filed on the 2024 return.

Listed in Part VII

  • GUIDO TABELLINI END 1224

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • GUIDO IMBENS

    TRUSTEE/EDITOR

    Total calculated
    $76,320
    From this org
    $76,320
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5
  • ROSA MATZKIN

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • HIDEHIKO ICHIMURA END 1224

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • ITZHAK GILBOA END 1224

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • MICHIHIRO KANDORI END 1224

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • LARRY SAMUELSON

    FIRST VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • GEORGE MAILATH END 1224

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • JOSEPH G ALTONJI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • ORIANA BANDIERA END 1224

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • XIAOHONG CHEN END 1224

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • GABRIELLE DEMANGE END 1224

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • NOBUHIRO KIYOTAKI

    SECOND VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • PAUL KLEMPERER END 1224

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • HELENE REY END 1224

    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
    $38,160
    From this org
    $38,160
    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

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • AUREO DE PAULA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • JAN EECKHOUT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • SIMON BOARD

    TRUSTEE/EDITOR

    Total calculated
    $38,160
    From this org
    $38,160
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5
  • STEPHANE BONHOMMME

    TRUSTEE/EDITOR

    Total calculated
    $39,910
    From this org
    $39,910
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5
  • BARTON L LIPMAN

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $77,760
    From this org
    $77,760
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5
  • RICHARD HOLDEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • YAW NYARKO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • HANMING FANG COMM 1-24

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • YUICHI KITAMURA COMM 1-24

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • DEBRAJ RAY COMM 1-24

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • SATORU TAKAHASHI COMM 1-24

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • ROHINI SOMANATHAN COMM 1-24

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • PER KRUSELL COMM 1-24

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • JEAN-CHARLES ROCHET COMM 1-24

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • MICHELE TERTILT COMM 1-24

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • JOHN VAN REENEN COMM 1-24

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • FRANCESCA MOLINARI COMM 1-24

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • ELIE TAMER COMM 1-24

    TRUSTEE

    Total calculated
    $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
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202543189349308519

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