American Society for Mass Spectrometry

Analysis

American Society for Mass Spectrometry is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in March 1970, 56 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Society for Mass Spectrometry reported income of $4.1m and spending of $3.8m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.1m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 100% 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 Society for Mass Spectrometry sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NM. Charities of a similar size with the same main cause include Orlando Shakespeare Theater Inc ($4.1m), Reynolda House Inc ($4.1m) and Bardavon 1869 Opera House Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 82% of the total. At year end it held assets of $6.1m against liabilities of $631k, net assets of $5.5m.