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Nonprofiteer
← AMERICAN VACUUM SOCIETY INCORPORATED

Form 990 for tax year 2023

Filed by AMERICAN VACUUM SOCIETY INCORPORATED.

Totals

Total revenue
$5,947,790
Total expenses
$5,875,321
Contributions and grants received
$133,806
Grants paid
$0
Program service revenue
$5,455,346
Investment income
$351,086
Other revenue
$7,552
Total assets, end of year
$17,723,146
Total liabilities, end of year
$2,222,190
Net assets or fund balances, end of year
$15,500,956
Program services expenses (Part IX)
$5,206,613
Management and general expenses
$668,708
Fundraising expenses
$0
Program service expenses (Part III)
$5,206,613

Program services were 88.6% 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

    $133,806

  • 2a · Program service revenue: TECHNICAL JOURNALS

    total $1,556,899 · related or exempt $1,556,899

  • 2b · Program service revenue: OTHER CONFERENCES

    total $1,553,526 · related or exempt $1,553,526

  • 2c · Program service revenue: SYMPOSIUMS

    total $1,245,833 · related or exempt $1,245,833

  • 2d · Program service revenue: SHORT COURSES

    total $323,408 · related or exempt $323,408

  • 2e · Program service revenue: MEMBERSHIP COMMITTEE

    total $242,953 · related or exempt $242,953

  • 2f · All other program service revenue

    total $532,727 · related or exempt $532,727

  • 3 · Investment income

    total $351,086 · excluded $351,086

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $7,552 · related or exempt $7,552

  • 11e · Other revenue, total

    $7,552

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $323,261 · program services $258,609 · management and general $64,652

  • 7 · Other salaries and wages

    total $1,817,545 · program services $1,435,133 · management and general $382,412

  • 11a · Fees: management

    total $74,988 · program services $74,988

  • 11g · Fees: other

    total $100,343 · program services $86,788 · management and general $13,555

  • 12 · Advertising and promotion

    total $65,197 · program services $57,675 · management and general $7,522

  • 13 · Office expenses

    total $166,843 · program services $155,943 · management and general $10,900

  • 16 · Occupancy

    total $94,165 · program services $74,391 · management and general $19,774

  • 17 · Travel

    total $185,674 · program services $129,442 · management and general $56,232

  • 19 · Conferences, conventions and meetings

    total $462,455 · program services $457,904 · management and general $4,551

  • 22 · Depreciation, depletion and amortization

    total $140,215 · program services $110,770 · management and general $29,445

  • 23 · Insurance

    total $55,538 · program services $38,224 · management and general $17,314

  • 24a · Other expenses: FOOD & BEVERAGES

    total $1,070,678 · program services $1,048,917 · management and general $21,761

  • 24b · Other expenses: COMPUTER MANAGEMENT

    total $372,676 · program services $348,365 · management and general $24,311

  • 24c · Other expenses: ALLOCATIONS

    total $369,992 · program services $369,992

  • 24d · Other expenses: INSTRUCTORS & HONORARIA

    total $220,879 · program services $220,879

  • 24e · All other expenses

    total $354,872 · program services $338,593 · management and general $16,279

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,197,638 · end of year $3,123,176

  • 4 · Accounts receivable

    beginning of year $811,761 · end of year $851,705

  • 9 · Prepaid expenses and deferred charges

    beginning of year $156,508 · end of year $211,717

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

    $3,316,772

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

    $1,441,041

  • 10c · Land, buildings and equipment, net

    beginning of year $1,955,292 · end of year $1,875,731

  • 11 · Investments: publicly traded securities

    beginning of year $9,243,646 · end of year $11,115,544

  • 14 · Intangible assets

    beginning of year $376,195 · end of year $363,124

  • 15 · Other assets

    beginning of year $65,273 · end of year $182,149

  • 17 · Accounts payable and accrued expenses

    beginning of year $854,255 · end of year $1,196,926

  • 19 · Deferred revenue

    beginning of year $810,385 · end of year $838,186

  • 25 · Other liabilities

    beginning of year $65,273 · end of year $187,078

  • 27 · Net assets without donor restrictions

    beginning of year $11,617,045 · end of year $12,760,836

  • 28 · Net assets with donor restrictions

    beginning of year $2,459,355 · end of year $2,740,120

Mission and programs · 2023

Mission

PROMOTE USE OF VACUUM ENVIRONMENTS FOR BETTERMENT OF SOCIETY

  • THE SOCIETY HOLDS AN ANNUAL SYMPOSIUM THAT ALLOWS THE MEMBERSHIP TO ATTEND VARIOUS WORKSHOPS, CONCURRENT READINGS OF PAPERS AND MANUFACTURERS EXHIBITS OF EQUIPMENT USED.

    Expenses $1,413,733 · Revenue $2,799,359

  • THE SOCIETY PRESENTS TECHNICAL SEMINARS ON VARIOUS SUBJECTS RELATING TO VACUUM SCIENCE.

    Expenses $1,814,543 · Revenue $323,408

  • THE SOCIETY PUBLISHES NEWSLETTERS DURING THE YEAR. THE NEWSLETTERS SERVE TO MAKE THE MEMBERSHIP AWARE OF THE ACTIVITIES OF THE SOCIETY.

    Expenses $610,109 · Revenue $1,556,899

  • CHAPTERS, DIVISIONS AND TECHNICAL GROUPS PERFORMING ACTIVITIES OF THE SOCIETY.

    Expenses $540,096 · Revenue $129,057

  • OTHER PROGRAMS INCLUDE: MEMBERSHIP AND OUTREACH, EDUCATION, AWARDS, PHYSICS TODAY AND RECOMMENDED PRACTICES.

    Expenses $828,132 · Revenue $654,175

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael D Williams

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • David P Adams

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    1

  • Timothy A Gessert

    IMMEDIATE PAST-PRESIDENT

    Total calculated
    $62,962
    From this org
    $62,962
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • David Surman

    CLERK

    Total calculated
    $0
    Hours/week
    1

  • Gregory J Exarhos

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ashleigh E Baber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Erica A Douglas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Engelhard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robert K Grubbs

    DIRECTOR

    Total calculated
    $2,700
    From this org
    $2,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Jessica L Hilton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • R Mohan Sankaran

    DIRECTOR

    Total calculated
    $6,500
    From this org
    $6,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Yvonne Towse

    CHIEF OPERATING OFFICER

    Total calculated
    $335,791
    From this org
    $251,099
    From related orgs
    $0
    Other
    $84,692
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,099
    Bonus
    $0
    Other
    $0
    Deferred
    $25,296
    Nontaxable benefits
    $59,396
    Filer's total
    $335,791

  • Jeannette Degennaro

    EXHIBIT AND SALES MANAGER

    Total calculated
    $186,139
    From this org
    $151,007
    From related orgs
    $0
    Other
    $35,132
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,007
    Bonus
    $0
    Other
    $0
    Deferred
    $14,962
    Nontaxable benefits
    $20,170
    Filer's total
    $186,139

  • Della J Miller

    MKTG COMMUNICATIONS MGR

    Total calculated
    $214,626
    From this org
    $158,574
    From related orgs
    $0
    Other
    $56,052
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,574
    Bonus
    $0
    Other
    $0
    Deferred
    $15,975
    Nontaxable benefits
    $40,077
    Filer's total
    $214,626

  • Keith Mitchell

    IT/WEB ADMIN

    Total calculated
    $199,816
    From this org
    $127,366
    From related orgs
    $0
    Other
    $72,450
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $127,366
    Bonus
    $0
    Other
    $0
    Deferred
    $13,054
    Nontaxable benefits
    $59,396
    Filer's total
    $199,816

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
1 August 2024
IRS schema version
2023v5.1
Source object
202412119349301076

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