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← AMERICAN ACADEMY OF SCIENCES AND LETTERS INC

Form 990 for tax year 2023

Filed by AMERICAN ACADEMY OF SCIENCES AND LETTERS INC.

Totals

Total revenue
$1,500,111
Total expenses
$1,038,350
Contributions and grants received
$1,500,100
Grants paid
$510,000
Program service revenue
$0
Investment income
$11
Other revenue
$0
Total assets, end of year
$461,761
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$461,761
Program services expenses (Part IX)
$973,189
Management and general expenses
$53,961
Fundraising expenses
$11,200
Program service expenses (Part III)
$973,189

Program services were 93.7% 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.

  • 1f · All other contributions, gifts and grants

    $1,500,100

  • 3 · Investment income

    total $11 · excluded $11

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $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 $0

  • 2 · Grants to domestic individuals

    total $510,000 · program services $510,000

  • 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 $92,308 · program services $64,615 · management and general $18,462 · fundraising $9,231

  • 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 $7,489 · program services $5,242 · management and general $1,498 · fundraising $749

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $2,090 · management and general $2,090

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $82,093 · program services $65,625 · management and general $16,468

  • 12 · Advertising and promotion

    total $14,732 · program services $14,732

  • 13 · Office expenses

    total $1,175 · management and general $1,175

  • 14 · Information technology

    total $14,400 · program services $14,400

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $45,540 · program services $45,540

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $166,987 · program services $166,987

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $520 · management and general $520

  • 24a · Other expenses: Printing and Publications

    total $75,000 · program services $75,000

  • 24b · Other expenses: Reimbursements

    total $12,210 · program services $8,548 · management and general $2,442 · fundraising $1,220

  • 24c · Other expenses: AV Services

    total $10,471 · management and general $10,471

  • 24d · Other expenses: Honorarium

    total $2,500 · program services $2,500

  • 24e · All other expenses

    total $835 · management and general $835

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $461,761

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 27 · Net assets without donor restrictions

    end of year $461,761

Mission and programs · 2023

Mission

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

  • 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.

    Expenses $973,189

As filed on the 2023 return.

Listed in Part VII

  • Gregory Forster

    Exec. Director

    Total calculated
    $92,308
    From this org
    $92,308
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Donald Landry

    President

    Total calculated
    $0
    Hours/week
    1
  • William Allen

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Brandice Canes-Wrone

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Margaret Chisolm

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Carlos Eire

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Mary Ann Glendon

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Barry Honig

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Sergiu Klainerman

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Sanjeev Kulkarni

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Santiago Schnell

    Trustee

    Total calculated
    $0
    Hours/week
    1

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
2023
Filed
11 March 2024
IRS schema version
2023v4.0
Source object
202410719349300736

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