Acoustical Society of America

Analysis

Acoustical Society of America is a registered charity in United States, based in Melville, NY. It received its IRS tax-exemption ruling in March 1957, 69 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, Acoustical Society of America reported income of $8.0m and spending of $6.3m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $8.0m (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 52%. 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, Acoustical Society of America sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Film Forum Inc ($8.0m), National Council for State Authorization Reciprocity Agreemen ($8.0m) and International Center of Photography ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $461k (7.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $24.3m against liabilities of $930k, net assets of $23.3m. It reported 17 employees.