American Meteorological Society

Analysis

American Meteorological Society is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 1959, 67 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Meteorological Society reported income of $17.5m and spending of $18.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.9m to $17.5m (-2.2%), an average of -0.6% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Meteorological Society sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Sullenberger Aviation Museum ($17.5m), Tate Americas Foundation ($17.5m) and Kauffman Center for the Performing Arts ($17.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.2m (6.7% of expenses). It paid $35k in professional fundraising fees. At year end it held assets of $26.7m against liabilities of $11.7m, net assets of $15.0m. It reported 99 employees.