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Object ID: 202203189349304985 - Rendered 2024-05-02
TIN: 53-0196572
Form
990
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
21
Open to Public Inspection
A
For the 2021 calendar year, or tax year beginning
01-01-2021
, and ending
12-31-2021
B
Check if applicable:
Address change
Name change
Initial return
Final return/terminated
Amended return
Application pending
C
Name of organization
AMERICAN CHEMICAL SOCIETY
% ALBERT HORVATH
Doing business as
Number and street (or P.O. box if mail is not delivered to street address)
1155 SIXTEENTH STREET NW
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON
,
DC
200364892
D Employer identification number
53-0196572
E Telephone number
G
Gross receipts $
911,141,251
F
Name and address of principal officer:
Thomas M Connelly Jr
1155 SIXTEENTH STREET NW
WASHINGTON
,
DC
200364892
I
Tax-exempt status:
501(c)(3)
501(c)
(
)
(insert no.)
4947(a)(1)
or
527
J
Website:
HTTPS://WWW.ACS.ORG
H(a)
Is this a group return for
subordinates?
Yes
No
H(b)
Are all subordinates
included?
Yes
No
If "No," attach a list. See instructions.
H(c)
Group exemption number
0945
K
Form of organization:
Corporation
Trust
Association
Other
L
Year of formation:
1938
M
State of legal domicile:
Part I
Summary
1
Briefly describe the organization’s mission or most significant activities:
The ACS is a federally chartered organization whose mission is to advance the broader chemistry ENTERPRISE & ITS PRACTITIONERS for the benefit of earth & its people.
2
Check this box
3
Number of voting members of the governing body (
Part VI
, line 1a)
........
3
15
4
Number of independent voting members of the governing body (
Part VI
, line 1b)
.....
4
14
5
Total number of individuals employed in calendar year 2021 (
Part V
, line 2a)
......
5
2,076
6
Total number of volunteers (estimate if necessary)
.............
6
120,799
7a
Total unrelated business revenue from
Part VIII
, column (C), line 12
........
7a
21,582,026
b
Net unrelated business taxable income from Form 990-T, Part I, line 11
.........
7b
0
Prior Year
Current Year
8
Contributions and grants (
Part VIII
, line 1h)
.........
6,907,370
5,145,330
9
Program service revenue (
Part VIII
, line 2g)
.........
602,076,021
645,577,733
10
Investment income (
Part VIII
, column (A), lines 3, 4, and 7d )
....
138,444,010
197,712,384
11
Other revenue (
Part VIII
, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)
2,789,808
2,821,245
12
Total revenue—add lines 8 through 11 (must equal
Part VIII
, column (A), line 12)
750,217,209
851,256,692
13
Grants and similar amounts paid (
Part IX
, column (A), lines 1–3 )
...
6,374,659
15,021,862
14
Benefits paid to or for members (
Part IX
, column (A), line 4)
.....
0
0
15
Salaries, other compensation, employee benefits (
Part IX
, column (A), lines 5–10)
271,806,580
286,428,626
16a
Professional fundraising fees (
Part IX
, column (A), line 11e)
.....
0
0
b
Total fundraising expenses (
Part IX
, column (D), line 25)
1,469,056
17
Other expenses (
Part IX
, column (A), lines 11a–11d, 11f–24e)
....
292,965,538
305,617,269
18
Total expenses. Add lines 13–17 (must equal
Part IX
, column (A), line 25)
571,146,777
607,067,757
19
Revenue less expenses. Subtract line 18 from line 12
.......
179,070,432
244,188,935
Beginning of Current Year
End of Year
20
Total assets (
Part X
, line 16)
.............
1,802,335,789
1,982,586,418
21
Total liabilities (
Part X
, line 26)
.............
372,850,755
364,234,223
22
Net assets or fund balances. Subtract line 21 from line 20
.....
1,429,485,034
1,618,352,195
Part II
Signature Block
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Signature of officer
Date
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
Check
if
self-employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions)
..........
Yes
No
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form
990
(2021)
Form 990 (2021)
Page
2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this
Part III
..............
1
Briefly describe the organization’s mission:
THE AMERICAN CHEMICAL SOCIETY IS A FEDERALLY CHARTERED ORGANIZATION WHOSE MISSION IS TO ADVANCE THE BROADER CHEMISTRY ENTERPRISE AND ITS PRACTITIONERS FOR THE BENEFIT OF EARTH AND ITS PEOPLE.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ?
.....................
Yes
No
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services?
...........................
Yes
No
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a
(Code:
) (Expenses $
471,377,282
including grants of $
) (Revenue $
626,100,009
)
INFORMATION SERVICES THE AMERICAN CHEMICAL SOCIETY (ACS) ACHIEVES ITS GOAL TO BE AN INDISPENSABLE PROFESSIONAL AND INFORMATION RESOURCE FOR MEMBERS AND OTHER CHEMISTRY-RELATED PRACTITIONERS THROUGH TWO PUBLISHING DIVISIONS, CAS, AND ACS PUBLICATIONS. THESE DIVISIONS PROVIDE SIGNIFICANT SERVICES TO ACS MEMBERS AND THE GLOBAL SCIENTIFIC COMMUNITY WITH ACCURATE, TIMELY, AND AUTHORITATIVE CHEMICAL AND RELATED SCIENTIFIC INFORMATION. CAS PROVIDES SCIENTIFIC INFORMATION SOLUTIONS, PARTNERING WITH INNOVATORS AROUND THE WORLD TO ACCELERATE SCIENTIFIC BREAKTHROUGHS. CAS EMPLOYS EXPERTS WHO CURATE, CONNECT, AND ANALYZE SCIENTIFIC KNOWLEDGE TO REVEAL UNSEEN CONNECTIONS. FOR OVER 100 YEARS, SCIENTISTS, PATENT PROFESSIONALS, AND BUSINESS LEADERS HAVE RELIED ON CAS SOLUTIONS AND EXPERTISE TO PROVIDE THE HINDSIGHT, INSIGHT, AND FORESIGHT THEY NEED SO THEY CAN BUILD UPON THE LEARNINGS OF THE PAST TO DISCOVER A BETTER FUTURE. CAS PROVIDES POWERFUL INFORMATION SOLUTIONS, INCLUDING THE CAS SCIFINDER DISCOVERY PLATFORM(TM) AND THE STN IP PROTECTION SUITE(TM) THAT IMPROVE PRODUCTIVITY AND HELP ADVANCE DISCIPLINES - BE IT IN CHEMISTRY AND RELATED SCIENCES OR INTELLECTUAL PROPERTY. CAS'S BROAD-BASED, EASY TO USE SOLUTIONS DRIVE DISCOVERY AND DEEP INSIGHTS FOR THE SCIENTIFIC ENTERPRISE THAT LEAD TO INNOVATIONS RANGING FROM PRODUCT IMPROVEMENTS TO REVELATIONS THAT SOLVE SOME OF THE WORLD'S GREATEST CHALLENGES IN AREAS FROM TREATMENT OF DISEASE TO SUSTAINABLE ENERGY, OR TO GLOBAL FOOD SUPPLY NEEDS. CAS BRINGS UNIQUE CAPABILITIES TO DESIGN CAS CUSTOM SERVICES THAT MAXIMIZE THE STRATEGIC IMPACT OF SCIENTIFIC INFORMATION, INCLUDING DIGITAL ASSETS, POWERING DATA-DRIVEN DECISIONS AND ENABLING ORGANIZATIONS TO INNOVATE MORE EFFICIENTLY. IN 2021, CAS CONTINUED TO PARTNER WITH GLOBAL INNOVATORS TO SPEED DISCOVERY IN DEVELOPING VACCINES AND THERAPEUTICS FOR COVID-19 RESEARCH, LEVERAGING INSIGHTS FROM THE COMPREHENSIVE CAS CONTENT COLLECTION. CAS ALSO ELEVATED THE SOPHISTICATION OF ITS SCIENTIFIC INFORMATION SOLUTIONS INCLUDING EXPANDING RETROSYNTHESIS CAPABILITIES, BIOSEQUENCE CONTENT AND SEARCH FUNCTIONALITY, AND FORMULATIONS CAPABILITIES, AS EXAMPLES. CAS DELIVERED ENHANCED COMMUNICATIONS, SHARING SCIENTIFIC INFORMATION INSIGHTS DERIVED FROM THE EXTENSIVE CAS CONTENT COLLECTION. ACS PUBLICATIONS DELIVERED A STRONG PERFORMANCE IN 2021 DESPITE THE GLOBAL CHALLENGES CAUSED BY THE COVID-19 PANDEMIC. THE DIVISION CONTINUED TO MAKE ALL COVID-19 RELEVANT CONTENT FREE-TO-ACCESS, SUPPORTING THE FIGHT AGAINST THE VIRUS, AND INCREASING PUBLIC AWARENESS THROUGH RELEVANT JOURNAL ARTICLES. ALTHOUGH THE DIFFICULT ENVIRONMENT REDUCED THE OUTPUT OF RESEARCH LABS WORLDWIDE, ACS JOURNALS CONTINUED TO GROW IN SUBMISSIONS, USAGE, AND CITATIONS. IN 2021, THE DIVISION COMPLETED ITS BOLD INITIATIVE TO SUPPORT OPEN ACCESS (OA) PUBLISHING WITH THE INTRODUCTION OF NINE 'ACS AU' PURE OA JOURNALS TO ACCOMPANY JACS AU. THESE JOURNALS EXPAND THE DIVISION'S ABILITY TO MEET THE NEEDS OF AUTHORS WHO ARE FACING OA PUBLICATION MANDATES FROM THEIR FUNDERS AND INSTITUTIONS. THE DIVISION'S NEW DIGITAL TRANSFORMATION GROUP BEGAN WORK TO ACCELERATE DIGITAL INITIATIVES AND INCREASE THE DIVERSIFICATION OF ACS PUBLICATIONS OFFERINGS. FOR 2021, THIS INCLUDED THE INTRODUCTION OF THE ACS INSTITUTE, AN ONLINE LEARNING PLATFORM OFFERING DEVELOPED IN COLLABORATION WITH THE EDUCATION DIVISION, DELIVERING A COLLECTION OF LEARNING AND TRAINING RESOURCES. A COMPREHENSIVE STRATEGIC PRODUCT ROADMAP COVERING FUTURE NEW PRODUCT INNOVATIONS WAS ALSO DEFINED. 2021 HIGHLIGHTS INCLUDED THE FOLLOWING: > ACS JOURNALS CONTINUED THEIR GLOBAL LEADERSHIP AND INFLUENCE - THE PORTFOLIO OF ACS PEER REVIEWED JOURNALS CONTINUED TO REPRESENT THE MOST TRUSTED, MOST CITED, MOST READ SCIENTIFIC PUBLICATIONS IN THEIR RESPECTIVE FIELDS. DURING 2021, KEY EDITORIAL AND QUALITY METRICS CONTINUED TO SHOW STRONG PERFORMANCE, WITH: - 62K ARTICLES PUBLISHED - OVER 220 MILLION FULL TEXT ARTICLE DOWNLOADS - NEARLY 4.2 MILLION TOTAL CITATIONS REPORTED, AN INCREASE OF 15% FROM PREVIOUS YEAR - 58% OF JOURNALS ACHIEVING THEIR HIGHEST EVER IMPACT FACTOR, AND - NEWLY INTRODUCED TITLES WERE INCLUDED IN KEY DATABASES SUCH AS THE WEB OF SCIENCE(TM), THE EMERGING SOURCES CITATION INDEX, AND THE DIRECTORY OF OPEN ACCESS JOURNALS > ACS JOURNALS EXPANDED THEIR GLOBAL PRESENCE. REFLECTING THE GLOBAL NATURE OF 21ST CENTURY SCIENCE, ACS JOURNALS INCREASED THEIR ENGAGEMENT WITH THE GLOBAL COMMUNITY OF RESEARCHERS THROUGH THE IDENTIFICATION AND APPOINTMENT OF RESEARCH-ACTIVE SCIENTISTS TO KEY EDITORIAL POSTS. > ACS JOURNALS ENABLED OPEN ACCESS/OPEN SCIENCE. ACS PUBLICATIONS CONTINUED ITS LEADING ACTIVITIES AND ENGAGEMENT TO ENABLE OPEN ACCESS/OPEN SCIENCE: - A SUITE OF FULL (GOLD) OPEN ACCESS JOURNALS WAS INTRODUCED INCLUDING JACS AU AND NINE ACS AU TITLES TO COVER THE BROAD DIVERSITY OF CHEMISTRY RESEARCH. THESE TEN NEW TITLES HELPED CEMENT ACS PUBLICATIONS AS A LEADER IN OPEN ACCESS AND COLLECTIVELY PUBLISHED OVER 500 ARTICLES IN THEIR FIRST YEAR WHILE MAINTAINING HIGH STANDARDS OF QUALITY. - INCLUDING ACS OMEGA AND ACS CENTRAL SCIENCE, THE DIVISION'S PORTFOLIO OF FULLY OPEN ACCESS JOURNALS PUBLISHED 4,000 ARTICLES IN 2021, AND ACROSS THE ENTIRE PORTFOLIO, APPROXIMATELY 19% OF TOTAL CONTENT WAS PUBLISHED OPEN ACCESS. - THE DIVISION CONTINUED TO SUPPORT A WIDE VARIETY OF ACCESS MODELS TO BEST MEET THE NEEDS OF AUTHORS, INSTITUTIONS, AND FUNDERS TRANSITIONING TO FULL OPEN ACCESS. TRANSFORMATIVE 'READ + PUBLISH' AGREEMENTS NOW COVER ALMOST 400 INSTITUTIONS IN 25 COUNTRIES. - A NEW PUBLICATION PROCESS WAS INTRODUCED TO SIMPLIFY THE WAY AUTHORS CAN MAKE THEIR ARTICLE OPEN ACCESS, UTILIZING INSTITUTIONAL OR FUNDER CREDITS, AND - CHEMRXIV, THE DIVISION'S PREPRINT COLLABORATION WITH THE CHINESE CHEMICAL SOCIETY, THE CHEMICAL SOCIETY OF JAPAN, THE GERMAN CHEMICAL SOCIETY, AND THE ROYAL SOCIETY OF CHEMISTRY, MIGRATED TO THE CAMBRIDGE OPEN ENGAGE PLATFORM. THE NEW PLATFORM PROVIDES AN IMPROVED, STREAMLINED EXPERIENCE FOR AUTHORS AND READERS. IN 2021, CHEMRXIV PASSED 10,000 POSTED PREPRINTS AND 28 MILLION VIEWS/DOWNLOADS. > ACS JOURNALS INTRODUCED NEW DATA POLICIES AND GUIDELINES. ACS PUBLICATIONS TOOK KEY STEPS TO ENSURE RESULTS REPORTED IN ACS JOURNALS ARE VERIFIABLE, REPRODUCIBLE, AND EASILY ACCESSIBLE TO RESEARCHERS THROUGH THE FOLLOWING INITIATIVES: - THE ACS RESEARCH DATA POLICY PROVIDED BEST PRACTICE RECOMMENDATIONS FOR DATA CITATION, DATA AVAILABILITY STATEMENTS, AND THE USE OF APPROPRIATE DATA REPOSITORIES. - AN EVOLVING SET OF DATA GUIDELINES BY SUB-FIELD AND DATA-TYPE PROVIDED AUTHORS WITH SPECIFIC INSTRUCTIONS ON HOW TO MAKE DATA AVAILABLE AND COMPLY WITH DISCIPLINE-SPECIFIC STANDARDS. - JOINED THE RESEARCH DATA ALLIANCE AND ENDORSED THE JOINT DECLARATION OF THE DATA CITATION PRINCIPLES. > DIGITAL TRANSFORMATION ACCELERATED PORTFOLIO DIVERSIFICATION. THE NEWLY FORMED DIGITAL TRANSFORMATION GROUP ACCELERATED VARIOUS DIGITAL INITIATIVES WITHIN THE PUBLICATIONS DIVISION TO INCREASE THE DIVERSIFICATION OF ITS OFFERINGS: - THE ACS INSTITUTE, AN ONLINE LEARNING PLATFORM DEVELOPED IN COLLABORATION WITH THE EDUCATION DIVISION WAS LAUNCHED. THE INSTITUTE IS ORGANIZED INTO SEVEN CENTERS OFFERING A COLLECTION OF LEARNING AND TRAINING RESOURCES. - OVER 5,000 POSTERS WERE UPLOADED TO SCIMEETINGS AND ATTRACTED OVER 210,000 EVENT PAGE VIEWS. - OVER 140 INSTITUTIONS ADOPTED ACS IN FOCUS BOOKS. - THE DIGITAL TRANSFORMATION OFFICE (DTO) WAS FORMED TO CONDUCT EXTERNAL CUSTOMER DISCOVERY, AND ALIGN INNOVATION INITIATIVES WITH FINANCIAL GOALS. > ACS JOURNALS ADVANCED PUBLISHING INTEGRITY AND DEIR INITIATIVES. THE PUBLICATIONS DIVISION ESTABLISHED A PUBLISHING INTEGRITY OFFICE TO ENCOMPASS THE AREAS OF PUBLICATION ETHICS, DATA AVAILABILITY AND REPRODUCIBILITY, AND DIVERSITY, EQUITY, INCLUSION, AND RESPECT (DEIR) IN PUBLISHING. THE DIVISION CONTINUED TO ADVANCE THE COMMITMENTS MADE IN 2020 TO CONFRONT RACISM IN CHEMISTRY JOURNALS AND ACCELERATE CHANGE WITHIN THE SCHOLARLY COMMUNICATIONS INDUSTRY: - MORE THAN 30,000 SURVEY RESPONSES COLLECTED FROM CONTRIBUTORS REPORTING ON THEIR DEMOGRAPHIC DATA. THIS INFORMATION, CONCLUSIONS, AND FUTURE DIRECTIONS ARE PROVIDED IN THE DIVERSITY DATA REPORT 2021. - A DEDICATED DEIR PAGE LAUNCHED IN THE ACS PUBLISHING CENTER TO BRING VISIBILITY TO ACS PUBLICATIONS' DEIR COMMITMENTS AND INITIATIVES WHILE HIGHLIGHTING NEWS AND EVENTS. - AN INAUGURAL OMBUDSPERSON WAS APPOINTED TO SERVE AS A LIAISON BETWEEN EDITORS AND THE COMMUNITY. THE COMMUNICATIONS DIVISION IS COMPRISED: ACS ADVERTISING SALES AND MARKETING, C&EN, COMMUNICATIONS, AND WEB STRATEGY & OPERATIONS. ITS MISSION IS TO PROVIDE NEWS AND ACS INFORMATION AND TO COMMUNICATE THE VITAL ROLE OF CHEMICAL PROFESSIONALS AND THE CHEMICAL SCIENCES IN SOLVING CRITICAL GLOBAL CHALLENGES AND IMPROVING EVERYDAY LIFE TO THE PUBLIC, POLICYMAKERS, NEWS MEDIA, AND ACS MEMBERS. THE FUNCTION COORDINATES MESSAGE DEVELOPMENT AND SPEECHWRITING; PROMOTION OF SOCIETY NEWS AND PUBLICATIONS TO THE MEDIA; COMMUNICATION OF SOCI
4b
(Code:
) (Expenses $
47,484,385
including grants of $
6,356,668
) (Revenue $
7,457,678
)
EDUCATION AND MEMBERSHIP SUPPORTING EXCELLENCE IN EDUCATION IS A STRATEGIC GOAL OF ACS. ACS RESOURCES, SERVICES, AND PRODUCTS FOSTER THE DEVELOPMENT OF INNOVATIVE, RELEVANT, AND EFFECTIVE CHEMISTRY AND CHEMISTRY-RELATED EDUCATION THAT PREPARES A SCIENTIFICALLY LITERATE CITIZENRY AND HIGHLY QUALIFIED CHEMICAL WORKFORCE READY TO ADDRESS GLOBAL CHALLENGES. IN 2021, ACS PROVIDED FORMAL AND INFORMAL EDUCATIONAL RESOURCES, INSTRUCTION, AND MENTORSHIP VIRTUALLY. ACS REACHED OUT TO NUMEROUS ELEMENTARY AND SECONDARY SCHOOL STUDENTS, TEACHERS, AND PARENTS IN NEW AND INNOVATIVE WAYS. ACS PROVIDED A NEW GENERATION OF UNDERGRADUATE AND GRADUATE STUDENTS AND FACULTY WITH OPPORTUNITIES TO LEARN SKILLS THAT THEY WILL NEED TO COMPETE AND SUCCEED AS THEY MOVE FORWARD WITH THEIR CAREERS. THE AMERICAN ASSOCIATION OF CHEMISTRY TEACHERS (AACT) LAUNCHED IN 2014, IS THE FIRST NATIONAL, CHEMISTRY-SPECIFIC ASSOCIATION OF ITS KIND DEDICATED TO K-12 TEACHERS. AACT ENDED 2021 WITH MORE THAN 8,700 MEMBERS, A 8.5 PERCENT GROWTH SINCE 2020. IN 2021, THE ACS WEBSITE FOR THE "GET THE FACTS OUT" PROJECT WAS PROMOTED, PROVIDING INFORMATION AND A TOOL KIT FOR CHANGING THE MISPERCEPTIONS AROUND CAREERS IN TEACHING SCIENCE AND MATH IN SECONDARY SCHOOLS. ONE OF FIVE SCIENTIFIC SOCIETIES THAT ESTABLISHED THE INCLUSIVE GRADUATE EDUCATION NETWORK IN 2019, ACS ESTABLISHED THE ACS BRIDGE PROJECT TO INCREASE THE NUMBER OF UNDERREPRESENTED MINORITY STUDENTS WHO RECEIVE DOCTORAL DEGREES IN CHEMICAL SCIENCES. IN 2021, THE ACS BRIDGE PROJECT EXTENDED ITS REACH, TO INCLUDE 29 CHEMICAL SCIENCES DEPARTMENTS, 59 ACS BRIDGE FELLOWS, AND A COLLECTION OF PROFESSIONAL DEVELOPMENT ACTIVITIES. ONE OF ACS'S MOST SUCCESSFUL EFFORTS, THE ACS SCHOLARS PROGRAM, CONTINUES TO HELP STUDENTS FROM UNDERREPRESENTED RACIAL/ETHNIC GROUPS ACHIEVE THEIR DREAMS OF OBTAINING DEGREES AND CAREERS IN A BROAD RANGE OF CHEMICAL SCIENCES. IN ALL, OVER 3,500 AFRICAN-AMERICAN, HISPANIC/LATINO, AND NATIVE AMERICAN STUDENTS HAVE PARTICIPATED IN THE PROGRAM SINCE 1995. OF THOSE, OVER 2,100 HAVE EARNED BACHELOR'S DEGREES IN A CHEMICAL SCIENCE AND OVER 450 OF THESE ACS SCHOLARS HAVE GONE ON TO EARN DOCTORAL DEGREES IN CHEMISTRY, CHEMICAL ENGINEERING, OR A RELATED DISCIPLINE. ANOTHER PREMIER PROGRAM, PROJECT SEED, OFFERS HIGH SCHOOL STUDENTS THE RARE OPPORTUNITY TO WORK IN ACADEMIC, GOVERNMENT, OR INDUSTRIAL RESEARCH LABORATORIES FOR AN EIGHT-TO-TEN WEEK TERM DURING THE SUMMER TO ENGAGE IN HANDS-ON SCIENCE RESEARCH PROJECTS UNDER THE SUPERVISION OF VOLUNTEER SCIENTISTS. SINCE IN-PERSON RESEARCH EXPERIENCES COULD NOT BE OFFERED IN 2021, OVER 345 STUDENTS PARTICIPATED IN A FIVE-WEEK VIRTUAL SUMMER CAMP AND 28 STUDENTS PARTICIPATED IN A PILOT VIRTUAL RESEARCH PROGRAM. FOR THE 2021-2022 SCHOOL YEAR, ACS AWARDED 42 PROJECT SEED COLLEGE SCHOLARSHIPS TO ALUMNI ENTERING THEIR FRESHMAN YEAR IN COLLEGE. THREE PROJECT SEED COLLEGE SCHOLARS RECEIVED THE CIBA SPECIALTY CHEMICALS SCHOLARSHIPS FOR THREE-RENEWABLE YEARS BEGINNING WITH THEIR SOPHOMORE YEAR. THE THIRD LOCONTI SCHOLAR WINNER WAS SELECTED, RECEIVING A FOUR-YEAR RENEWABLE SCHOLARSHIP STARTING AT THE FRESHMAN YEAR. ESTABLISHMENT OF THE ACS INSTITUTE ENHANCED ACCESS TO THE COLLECTION OF PROFESSIONAL AND CAREER DEVELOPMENT RESOURCES AND WAS ENHANCED WITH NEW AND ADDITIONAL WORKSHOPS. ELECTRONIC ACCESS TO CURRICULAR RESOURCES AND PUBLICATIONS WAS INCREASED. WORKSHOPS AND GRANTS WERE OFFERED TO STUDENTS AND EDUCATORS, INCLUDING A SPECIAL MINI-GRANT PROGRAM FOR LABORATORY SKILLS SHORT COURSES. A DISCUSSION SERIES FOCUSED ON UNDERGRADUATE EDUCATION FOR CHAIRS OF CHEMISTRY DEPARTMENTS, INITIATED IN 2020, CONTINUED IN 2021. IN 2021, THE US CHEMISTRY OLYMPIAD TEAM CONTINUED ITS HISTORICALLY STRONG PERFORMANCE, WINNING TWO GOLD AND TWO SILVER MEDALS AT THE 53RD INTERNATIONAL CHEMISTRY OLYMPIAD. IN 2021, THE OUTREACH TRAINING PROGRAM WAS UPDATED, ENHANCING THE IMPACT OF CHEMISTRY FESTIVALS AND OTHER SCIENCE OUTREACH, INCLUDING CHEMISTS CELEBRATE EARTH WEEK AND NATIONAL CHEMISTRY WEEK. ACS MEMBERSHIP PROGRAMS ARE ADMINISTERED WITH THE VISION THAT ACS WILL BE THE PREMIER PROFESSIONAL MEMBERSHIP ORGANIZATION FOR ALL PRACTITIONERS OF CHEMISTRY WORLDWIDE. IN 2021, THE SOCIETY CLOSED THE YEAR WITH A MEMBERSHIP OF OVER 149,000 INDIVIDUALS. ACS INTERNATIONAL MEMBERSHIP HAS CONTINUED TO BE AN ADDITIONAL BRIGHT SPOT WITH NEARLY 25% OF MEMBERS PRESENTLY RESIDING OUTSIDE THE U.S.; MAJOR MARKETS INCLUDE INDIA, CHINA, CANADA, JAPAN, UNITED KINGDOM, GERMANY, MEXICO, AND SOUTH KOREA. ACS MEETINGS WERE AGAIN IMPACTED IN 2021 BY THE COVID-19 PANDEMIC BUT CARRIED ON IN SUPPORT OF ACS GOAL TO PROMOTE INFORMATION SOLUTIONS. AS SAFETY IS A CORE VALUE FOR ACS, THE DEPARTMENT OF MEETINGS AND EXPOSITION SERVICES (DMES) CREATED HEALTH AND SAFETY GUIDELINES THAT WERE UTILIZED BY ALL HYBRID AND IN-PERSON MEETINGS AND EVENTS THAT TOOK PLACE SUCCESSFULLY IN 2021. THE SPRING 2021 MEETING WAS HELD VIRTUALLY WITH MORE THAN 12,500 REGISTRANTS, AND JUST OVER 7,700 SUBMITTED ABSTRACTS. THE MEETING CONTINUED TO EXPAND ITS REACH GLOBALLY AND ATTRACTED INTERNATIONAL PARTICIPANTS FROM 73 COUNTRIES. THE DEPARTMENT OF MEETINGS & EXPOSITION SERVICES (DMES) STAFF SUPPORTED THE VIRTUAL GREEN CHEMISTRY & ENGINEERING CONFERENCE. THE MEETING ATTRACTED MORE THAN 1,300 REGISTRANTS. THE TEAM ALSO SUPPORTED A VIRTUAL PACIFICHEM 2021, PRESENTED IN HAWAII-ALEUTIAN TIME ZONE, WHICH WAS POSTPONED FROM 2020 DUE TO THE PANDEMIC. THE MEETING ATTRACTED OVER 8,600 REGISTRANTS FROM 71 COUNTRIES. THERE WERE OVER 10,000 PRESENTATIONS (ORAL AND POSTER), DELIVERED IN MORE THAN 350 SESSIONS OVER A 5-DAY PERIOD. THE TEAM ALSO SUPPORTED SEVEN REGIONAL MEETINGS DURING THE YEAR, VIRTUALLY, HYBRID, AND IN-PERSON. COMBINED, THESE MEETINGS ATTRACTED MORE THAN 5,100 REGISTRANTS. THE ACS MEMBERSHIP DIVISION COMPLETED STEPS TO TRANSFORM THE ACS MEMBERSHIP MODEL AND PROVIDE ALL MEMBERS AND POTENTIAL MEMBERS WITH A BETTER EXPERIENCE, BETTER VALUE, AND BETTER CHOICE. THE OFFICE OF AWARDS & MEMBER RECOGNITION PROGRAMS CONTINUED IN 2021. MEMBERS WERE EITHER RECOGNIZED WITH A NATIONAL AWARD, HONORED FOR GRASSROOTS ACTIVITIES, OR PARTICIPATED IN SELECTION ACTIVITIES. IN ADDITION, THE 2021 ACS FELLOWS CLASS WAS INDUCTED IN THE FIRST HYBRID AWARDS CEREMONY. ACS CELEBRATED THE CHEMLUMINARY AWARDS AS A VIRTUAL EVENT, WITH 178 PARTICIPANTS. TO ENSURE ITS MEMBERS WERE SUPPORTED THROUGH THE COVID-19 CRISIS IN THEIR PROFESSIONAL AND PERSONAL LIVES, ACS PROVIDED ACCESS TO THE FOLLOWING HIGHLIGHTED RESOURCES: - COVID-19 DUES WAIVER: MEMBERS IMPACTED BY THE PANDEMIC IN THE BROADEST SENSE (EMPLOYMENT CHANGES, FAMILY CARE RESPONSIBILITIES, HEALTH CHALLENGES) RECEIVED A DUES WAIVER FOR A YEAR OF CONTINUED ACS DUES AT RENEWAL. THIS PROGRAM WAS SUNSET AT THE END OF 2021. - COVID-19 RESOURCES: A COMPREHENSIVE COLLECTION OF ACS RESOURCES WAS ASSEMBLED TO HELP COMBAT THE COVID 19 PANDEMIC. - VIRTUAL 1:1 CAREER CONSULTATIONS: 190 VIRTUAL 1:1 CAREER CONSULTATIONS WERE DELIVERED DURING THE YEAR. IN RESPONSE TO INCREASED WEBSITE TRAFFIC, RESULTING FROM THE TRANSITION TO VIRTUAL DELIVERY, THE CAREER CONSULTANT WEBSITE WAS REVAMPED IN 2021. IN DECEMBER, A PILOT "RETIREMENT CONSULTING" WORKSHOP WAS INTRODUCED. - VIRTUAL OFFICE HOURS: A STANDING TIME EACH WEEK ALLOWS MEMBERS TO SPEAK WITH CAREER CONSULTANTS AND NETWORK WITH FELLOW MEMBERS. THIS PROGRAM HAD 617 ATTENDEES FROM JANUARY - SEPTEMBER 2021. - THEMED VIRTUAL OFFICE HOURS: A PIVOT FROM VIRTUAL OFFICE HOURS TO MONTHLY THEMED EVENTS OCCURRED MIDWAY THROUGH THE YEAR (WITH SOME OVERLAP). THESE 90-MINUTE EVENTS WERE WELL ATTENDED, WITH 1,919 REGISTRANTS AND 684 ATTENDEES (JULY -- DECEMBER). DURING A YEAR WITH LIMITED ABILITY TO ASSIST MEMBERS IN-PERSON, THESE VIRTUAL PROGRAMS ENABLED NEARLY 1,500 PERSONALIZED CAREER ADVICE INTERACTIONS. THE SCIENTIFIC ADVANCEMENT DIVISION PROGRAMS ARE AIMED AT: - DELIVERING THE MOST AUTHORITATIVE, COMPREHENSIVE, AND INDISPENSABLE CHEMISTRY-RELATED INFORMATION AND KNOWLEDGE-BASED SOLUTIONS TO RESOLVE GLOBAL CHALLENGES AND TO ADDRESS FUTURE ISSUES FACING THE WORLD'S SCIENTIFIC COMMUNITY. - SUPPORTING EXCELLENCE IN EDUCATION THROUGH FOSTERING THE DEVELOPMENT OF INNOVATIVE, RELEVANT AND EFFECTIVE CHEMISTRY AND CHEMISTRY RELATED EDUCATION - COMMUNICATING TO THE PUBLIC AND TO POLICYMAKERS THE VITAL ROLE CHEMICAL PROFESSIONALS AND CHEMISTRY IN ADDRESSING THE WORLD'S CHALLENGES. TO ACHIEVE THE ABOVE GOALS, THE DIVISION HOSTED THE 25TH ANNUAL GREEN CHEMISTRY & ENGINEERING CONFERENCE WITH OVER 40 TECHNICAL SESSIONS, 5 POSTER SESSIONS, AND NUMEROUS NETWORKING EVENTS. OVER 1,300 REGISTRANTS FROM 55 COUNTRIES JOINTED THE VIRTUAL MEETING. THE ACS GREEN CHEMISTRY INSTITUTE INDUSTRIAL ROUNDTABLES CONTINUED IN 2021 WITH INCREASING MEMBERSHIPS AND DISTRIBUTED $300,000 IN RESEARCH GRANTS. THE GREEN CHEMISTRY EDUCATIONAL ACTIVITIES INCLUDED A VIRTUAL SUMMER SCHOOL ON GREEN CHEMISTRY AND SUSTAINABLE ENERGY, THE GREEN CHEMISTRY STUDENT TRAVEL AWARDS, AND EXPANSION OF THE ACS GREEN CHEMISTRY STUDENT CHAPTERS, AND CONTINUED PROGR
4c
(Code:
) (Expenses $
10,727,388
including grants of $
8,665,194
) (Revenue $
)
ACS PETROLEUM RESEARCH FUND THE ACS PETROLEUM RESEARCH FUND IS A PERMANENTLY RESTRICTED ENDOWMENT ESTABLISHED TO PROVIDE RESOURCES FOR ADVANCED SCIENTIFIC EDUCATION AND FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD, WHICH MAY INCLUDE ANY FIELD OF PURE SCIENCE WHICH AFFORDS A BASIS FOR SUBSEQUENT RESEARCH DIRECTLY CONNECTED WITH THE PETROLEUM FIELD. IN 2021, THE ACS PRF FUNDED 167 GRANTS, TOTALING $16.8 MILLION. THE GRANTS INCLUDED 69 NEW DIRECTIONS GRANTS; 67 DOCTORAL NEW INVESTIGATOR GRANTS; 13 UNDERGRADUATE RESEARCH GRANTS; AND 18 UNDERGRADUATE NEW INVESTIGATOR GRANTS. THE FOLLOWING TYPES OF GRANTS ARE AMONG THOSE FUNDED BY THE ACS PETROLEUM RESEARCH FUND: - RESEARCH GRANTS FOR FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD AT PHD-GRANTING INSTITUTIONS. RESEARCH GRANTS TO ACADEMIC INSTITUTIONS FOR REGULARLY APPOINTED FACULTY SCIENTISTS AND ENGINEERS TO ASSIST ADVANCED SCIENTIFIC EDUCATION AND FUNDAMENTAL RESEARCH. - RESEARCH GRANTS FOR FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD AT THE UNDERGRADUATE LEVEL. RESEARCH GRANTS TO ACADEMIC INSTITUTIONS ON BEHALF OF FACULTY MEMBERS IN DEPARTMENTS NOT OFFERING A DOCTORAL DEGREE, TO SUPPORT THEIR RESEARCH WITH PARTICIPATION BY UNDERGRADUATES. - RESEARCH GRANTS FOR FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD FOR NEW FACULTY. STARTER GRANTS TO ASSIST THE RESEARCH OF YOUNG FACULTY MEMBERS WITH A PHD DEGREE WHO ARE WITHIN THEIR FIRST THREE YEARS OF THEIR FIRST ACADEMIC APPOINTMENT AS REGULAR FACULTY MEMBERS OF COLLEGES AND UNIVERSITIES IN THE UNITED STATES.
4d
Other program services (Describe in Schedule O.)
(Expenses $
13,472,436
including grants of $
) (Revenue $
12,346,129
)
4e
Total program service expenses
543,061,491
Form
990
(2021)
Form 990 (2021)
Page
3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?
If "Yes," complete Schedule A
.....................
1
Yes
2
Is the organization required to complete
Schedule B, Schedule of Contributors
? See instructions.
...
2
Yes
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?
If "Yes," complete Schedule C,
Part I
.............
3
No
4
Section 501(c)(3) organizations.
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?
If "Yes," complete Schedule C,
Part II
.........
4
Yes
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19?
If "Yes," complete Schedule C,
Part III
..
5
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?
If "Yes," complete
Schedule D,
Part I
.........................
6
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures?
If "Yes," complete Schedule D,
Part II
....
7
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets?
If "Yes,"
complete Schedule D,
Part III
..............
8
No
9
Did the organization report an amount in
Part X
, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in
Part X
; or provide credit counseling, debt management, credit repair, or debt negotiation services?
If "Yes," complete Schedule D,
Part IV
..............
9
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments?
If "Yes," complete Schedule D,
Part V
......
10
Yes
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in
Part X
, line 10?
If "Yes," complete
Schedule D,
Part VI
.
...................
11a
Yes
b
Did the organization report an amount for investments—other securities in
Part X
, line 12 that is 5% or more of its total assets reported in
Part X
, line 16?
If "Yes," complete Schedule D,
Part VII
.......
11b
Yes
c
Did the organization report an amount for investments—program related in
Part X
, line 13 that is 5% or more of its total assets reported in
Part X
, line 16?
If "Yes," complete Schedule D,
Part VIII
.......
11c
No
d
Did the organization report an amount for other assets in
Part X
, line 15 that is 5% or more of its total assets reported in
Part X
, line 16?
If "Yes," complete Schedule D,
Part IX
............
11d
No
e
Did the organization report an amount for other liabilities in
Part X
, line 25?
If "Yes," complete Schedule D,
Part X
11e
Yes
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)?
If "Yes," complete Schedule D,
Part X
11f
Yes
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete
Schedule D, Parts XI and XII
......................
12a
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year?
If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional
12b
Yes
13
Is the organization a school described in section 170(b)(1)(A)(ii)?
If "Yes," complete Schedule E
13
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?
.....
14a
Yes
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?
If "Yes," complete Schedule F, Parts I and IV
.........
14b
Yes
15
Did the organization report on
Part IX
, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization?
If “Yes,” complete Schedule F, Parts II and IV
.....
15
Yes
16
Did the organization report on
Part IX
, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals?
If “Yes,” complete Schedule F, Parts III and IV
...
16
Yes
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on
Part IX
, column (A), lines 6 and 11e?
If "Yes," complete Schedule G,
Part I.
See instructions.
....
17
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on
Part VIII
, lines 1c and 8a?
If "Yes," complete Schedule G,
Part II
............
18
No
19
Did the organization report more than $15,000 of gross income from gaming activities on
Part VIII
, line 9a?
If "Yes," complete Schedule G,
Part III
...................
19
No
20a
Did the organization operate one or more hospital facilities?
If "Yes," complete Schedule H
....
20a
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on
Part IX
, column (A), line 1?
If “Yes,” complete Schedule I, Parts I and II
.....
21
Yes
Form
990
(2021)
Form 990 (2021)
Page
4
Part IV
Checklist of Required Schedules
(continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on
Part IX
, column (A), line 2?
If “Yes,” complete Schedule I, Parts I and III
........
22
Yes
23
Did the organization answer "Yes" to
Part VII
, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees?
If "Yes," complete Schedule J
.......................
23
Yes
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?
If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a
...............
24a
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?
...
24b
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?
...............
24c
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?
...
24d
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations.
Did the organization engage in an excess benefit transaction with a disqualified person during the year?
If "Yes," complete Schedule L,
Part I
....
25a
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ?
If "Yes," complete Schedule L,
Part I
.......................
25b
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons?
If "Yes," complete Schedule L,
Part II
...........
26
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L,
Part III
.........................
27
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L,
Part IV
instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor?
If "Yes," complete Schedule L,
Part IV
......................
28a
No
b
A family member of any individual described in line 28a?
If "Yes," complete Schedule L,
Part IV
.....
28b
Yes
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b?
If "Yes," complete Schedule L,
Part IV
.....................
28c
No
29
Did the organization receive more than $25,000 in non-cash contributions?
If "Yes," complete Schedule M
..
29
Yes
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?
If "Yes," complete Schedule M
.................
30
No
31
Did the organization liquidate, terminate, or dissolve and cease operations?
If "Yes," complete Schedule N,
Part I
31
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?
If "Yes," complete Schedule N,
Part II
........................
32
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?
If "Yes," complete Schedule R,
Part I
............
33
No
34
Was the organization related to any tax-exempt or taxable entity?
If "Yes," complete Schedule R,
Part II
, III, or IV, and
Part V
, line 1
.........................
34
Yes
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)?
If "Yes," complete Schedule R,
Part V
, line 2
...
35b
Yes
36
Section 501(c)(3) organizations.
Did the organization make any transfers to an exempt non-charitable related organization?
If "Yes," complete Schedule R,
Part V
, line 2
.............
36
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?
If "Yes," complete Schedule R,
Part VI
37
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for
Part VI
, lines 11b and 19?
Note.
All Form 990 filers are required to complete Schedule O.
............
38
Yes
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this
Part V
...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable
..
1a
1,688
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable
.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?
..................
1c
Yes
Form
990
(2021)
Form 990 (2021)
Page
5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
(continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return
..................
2a
2,076
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note.
If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. See instructions.
2b
Yes
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?
...
3a
Yes
b
If “Yes,” has it filed a Form 990-T for this year?
If “No” to line 3b, provide an explanation in Schedule O
...
3b
Yes
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?
..
4a
Yes
b
If "Yes," enter the name of the foreign country:
UK
,
IN
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?
..
5a
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T?
............
5c
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?
...
6a
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?
......................
6b
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?
....................
7a
Yes
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?
.....
7b
Yes
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?
.........................
7c
No
d
If "Yes," indicate the number of Forms 8282 filed during the year
....
7d
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
..
7f
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?
......................
7g
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?
..........................
7h
8
Sponsoring organizations maintaining donor advised funds.
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?
........
8
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?
........
9a
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?
...
9b
10
Section 501(c)(7) organizations.
Enter:
a
Initiation fees and capital contributions included on
Part VIII
, line 12
...
10a
b
Gross receipts, included on Form 990,
Part VIII
, line 12, for public use of club facilities
10b
11
Section 501(c)(12) organizations.
Enter:
a
Gross income from members or shareholders
.........
11a
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.)
..........
11b
12a
Section 4947(a)(1) non-exempt charitable trusts.
Is the organization filing Form 990 in lieu of Form 1041?
12a
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
.........
Note.
See the instructions for additional information the organization must report on Schedule O.
13a
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans
....
13b
c
Enter the amount of reserves on hand
............
13c
14a
Did the organization receive any payments for indoor tanning services during the tax year?
.....
14a
No
b
If "Yes," has it filed a Form 720 to report these payments?
If "No," provide an explanation in Schedule O
..
14b
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year?
....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
Yes
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income?
..
If "Yes," complete Form 4720, Schedule O.
16
No
17
Section 501(c)(21) organizations.
Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953?
..
If "Yes," complete Form 6069.
17
Form
990
(2021)
Form 990 (2021)
Page
6
Part VI
Governance, Management, and Disclosure.
For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines
8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this
Part VI
..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
15
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
14
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee?
.................
2
Yes
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person?
.
3
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
.
4
Yes
5
Did the organization become aware during the year of a significant diversion of the organization’s assets?
.
5
No
6
Did the organization have members or stockholders?
................
6
Yes
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body?
....................
7a
Yes
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body?
...................
7b
Yes
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body?
.......................
8a
Yes
b
Each committee with authority to act on behalf of the governing body?
............
8b
Yes
9
Is there any officer, director, trustee, or key employee listed in
Part VII
, Section A, who cannot be reached at the organization’s mailing address?
If "Yes," provide the names and addresses in Schedule O
.......
9
No
Section B. Policies
(
This Section B requests information about policies not required by the Internal Revenue Code.
)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates?
............
10a
Yes
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
Yes
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
............................
11a
Yes
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990.
.....
12a
Did the organization have a written conflict of interest policy?
If "No," go to line 13
.......
12a
Yes
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts?
..........................
12b
Yes
c
Did the organization regularly and consistently monitor and enforce compliance with the policy?
If "Yes," describe on Schedule O how this was done
...................
12c
Yes
13
Did the organization have a written whistleblower policy?
...............
13
Yes
14
Did the organization have a written document retention and destruction policy?
.........
14
Yes
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official
...........
15a
Yes
b
Other officers or key employees of the organization
................
15b
Yes
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year?
......................
16a
Yes
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements?
............
16b
Yes
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filed
AL
,
AR
,
CA
,
FL
,
GA
,
HI
,
IL
,
KS
,
KY
,
MD
,
MA
,
MI
,
MN
,
MS
,
NH
,
NJ
,
NM
,
NY
,
NC
,
OR
,
PA
,
RI
,
SC
,
TN
,
UT
,
VA
,
WV
,
WI
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
Own website
Another's website
Upon request
Other (explain in Schedule O)
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
ALBERT HORVATH
1155 SIXTEENTH STREET NW
WASHINGTON
,
DC
20036
(202) 872-4596
Form
990
(2021)
Form 990 (2021)
Page
7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this
Part VII
..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a
Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
List all of the organization’s
current
officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.
List all of the organization’s
current
key employees, if any. See the instructions for definition of "key employee."
List the organization’s five
current
highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the
organization and any related organizations.
List all of the organization’s
former
officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.
List all of the organization’s
former directors or trustees
that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.
See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
(1)
MR MANUEL GUZMAN
......................................................................
PRESIDENT, CAS
40.0
.................
2.0
X
1,186,967
0
63,403
(2)
DRTHOMAS MCONNELLYJR
......................................................................
CHIEF EXECUTIVE OFFICER
40.0
.................
0.5
X
X
1,141,030
0
63,285
(3)
MR BRANDON NORDIN
......................................................................
SVP SALES, MKTG DGT STGY PUBS
40.0
.................
2.0
X
703,482
0
42,199
(4)
DR JAMES MILNE
......................................................................
PRESIDENT, ACS PUBS
40.0
.................
1.0
X
0
668,167
45,710
(5)
MR BOLLAMPALLI RAO
......................................................................
CTO VP INFO TECH, CAS
40.0
.................
1.5
X
588,394
0
67,087
(6)
MR ALBERT HORVATH
......................................................................
TREASURER & CFO
40.0
.................
1.0
X
582,021
0
50,979
(7)
MR JOHN R SULLIVAN
......................................................................
CHIEF INFORMATION OFFICER
40.0
.................
0.0
X
552,017
0
64,414
(8)
MR FLINT H LEWIS
......................................................................
SECRETARY & GENERAL COUNSEL
40.0
.................
2.0
X
532,533
0
51,758
(9)
MR CRAIG STEPHENS
......................................................................
SVP SALES & MARKETING, CAS
40.0
.................
3.0
X
502,224
0
64,285
(10)
DR MICHAEL DENNIS
......................................................................
VP,LEGAL ADM, PMO & INNVTN,CAS
40.0
.................
1.0
X
505,130
0
60,686
(11)
MR ERIC R KIMBALL
......................................................................
VP FINANCE, CAS
40.0
.................
0.5
X
502,080
0
44,368
(12)
DR WAYNE E JONES JR
......................................................................
DIRECTOR-AT-LARGE
10.0
.................
0.0
X
3,500
0
0
(13)
DR PAUL W JAGODZINSKI
......................................................................
CHAIR & DIRECTOR, DISTRICT VI
20.0
.................
0.0
X
X
0
0
0
(14)
DR H N CHENG
......................................................................
PRESIDENT
20.0
.................
0.0
X
X
0
0
0
(15)
DR ANGELA K WILSON
......................................................................
PRESIDENT-ELECT
10.0
.................
0.0
X
X
0
0
0
(16)
DR LUIS A ECHEGOYEN
......................................................................
IMMEDIATE PAST PRESIDENT
10.0
.................
0.0
X
X
0
0
0
(17)
DR KATHERINE L LEE
......................................................................
DIRECTOR, DISTRICT I
10.0
.................
0.0
X
0
0
0
Form
990
(2021)
Form 990 (2021)
Page
8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
(continued)
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
(18)
DR CHRISTINA BODUROW
........................................................................
DIRECTOR, DISTRICT II
10.0
.......................
0.0
X
0
0
0
(19)
DR TERI QUINN GRAY
........................................................................
DIRECTOR, DISTRICT III
10.0
.......................
0.0
X
0
0
0
(20)
MS LISA HOUSTON
........................................................................
DIRECTOR, DISTRICT IV
10.0
.......................
0.0
X
0
0
0
(21)
DR JOHN E ADAMS
........................................................................
DIRECTOR, DISTRICT V
10.0
.......................
0.0
X
0
0
0
(22)
DR BRYAN BALAZS
........................................................................
DIRECTOR-AT-LARGE
10.0
.......................
0.0
X
0
0
0
(23)
DR LEE H LATIMER
........................................................................
DIRECTOR-AT-LARGE
10.0
.......................
0.0
X
0
0
0
(24)
DR INGRID MONTES
........................................................................
DIRECTOR-AT-LARGE
10.0
.......................
0.0
X
0
0
0
(25)
DR DOROTHY J PHILLIPS
........................................................................
DIRECTOR-AT-LARGE
10.0
.......................
0.0
X
0
0
0
(26)
DR CAROLYN RIBES
........................................................................
DIRECTOR-AT-LARGE
10.0
.......................
0.0
X
0
0
0
1b
Sub-Total
................
c
Total from continuation sheets to
Part VII
, Section A
....
d
Total (add lines 1b and 1c)
...........
6,799,378
668,167
618,174
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization
781
Yes
No
3
Did the organization list any
former
officer, director or trustee, key employee, or highest compensated employee on line 1a?
If "Yes," complete Schedule J for such individual
..............
3
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000?
If "Yes," complete Schedule J for such
individual
...........................
4
Yes
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization?
If "Yes," complete Schedule J for such person
........
5
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
JAICI
,
NAKAI BLDG 6-25-4 HONKOMAGOMA BUN
TOKYO
,
0
113
JA
ABSTRACTING SERVICES
7,392,733
MOLECULAR CONNECTIONS PVT LTD
,
KANDALA MANSIONS 2/2 KARIAPPA ROAD
BASAVANAGUDI BANGALORE
,
0
560004
IN
ABSTRACTING SERVICES
7,144,782
SCOPE E KNOWLEDGE CENTER PVT LTD
,
NANADANAM 672 ANNA SALAI
CHENNAI
,
0
60035
IN
DATABASE SERVICES
6,324,557
EXCELRA KNOWLEDGE SOL PVT LTD
,
PILOT NO 28A IDA NACHARAM
HYDERABAD
,
0
50076
IN
DATABASE SERVICES
4,923,863
G2O LLC
,
2500 CORPORATE EXCHANGE DRIVE SUITE
COLUMBUS
,
OH
43231
IT CONTRACTING SVCS
4,764,399
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization
173
Form
990
(2021)
Form 990 (2021)
Page
9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this
Part VIII
.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
1a
Federated campaigns
..
1a
b
Membership dues
..
1b
c
Fundraising events
..
1c
d
Related organizations
1d
e
Government grants (contributions)
1e
626,081
f
All other contributions, gifts, grants, and similar amounts not included above
1f
4,519,249
g
Noncash contributions included in lines 1a - 1f:$
1g
123,390
h Total.
Add lines 1a-1f
.......
5,145,330
Business Code
2a
INFORMATION SERVICES
541800
626,100,009
616,777,229
9,322,780
b
EDUCATION & MEMBERSHIP
541800
7,457,678
4,749,121
173,520
2,535,037
c
MEMBER INSURANCE PROGRAM
525920
12,020,046
12,020,046
d
e
f
All other program service revenue.
g
Total.
Add lines 2a–2f
.....
645,577,733
3
Investment income (including dividends, interest, and other
similar amounts)
......
29,641,617
65,680
29,575,937
4
Income from investment of tax-exempt bond proceeds
0
5
Royalties
...........
2,495,162
2,495,162
(ii) Personal
(i) Real
6a
Gross rents
0
3,942
6a
b
Less: rental expenses
0
5,203
6b
c
Rental income or (loss)
0
-1,261
6c
d
Net rental income or (loss)
.......
-1,261
-1,261
(ii) Other
(i) Securities
7a
Gross amount from sales of assets other than inventory
227,950,124
7a
b
Less: cost or other basis and sales expenses
59,879,356
7b
c
Gain or (loss)
168,070,768
7c
d
Net gain or (loss)
.........
168,070,767
168,070,767
8a
Gross income from fundraising events (not including $
of contributions reported on line 1c).
See
Part IV
, line 18
....
8a
0
b
Less: direct expenses
...
8b
0
c
Net income or (loss) from fundraising events
..
0
9a
Gross income from gaming activities.
See
Part IV
, line 19
...
9a
0
b
Less: direct expenses
...
9b
0
c
Net income or (loss) from gaming activities
..
0
10a
Gross sales of inventory, less
returns and allowances
..
10a
0
b
Less: cost of goods sold
..
10b
0
c
Net income or (loss) from sales of inventory
..
0
Business Code
Miscellaneous Revenue
11a
MISCELLANEOUS REVENUE
900099
327,344
327,344
b
c
d
All other revenue
....
e
Total.
Add lines 11a–11d
......
327,344
12
Total revenue.
See instructions
.....
851,256,692
621,852,433
21,582,026
202,676,903
Form
990
(2021)
Form 990 (2021)
Page
10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).
Check if Schedule O contains a response or note to any line in this
Part IX
..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of
Part VIII
.
(A)
Total expenses
(B)
Program service
expenses
(C)
Management and
general expenses
(D)
Fundraising
expenses
1
Grants and other assistance to domestic organizations and domestic governments. See
Part IV
, line 21
....
12,232,845
12,232,845
2
Grants and other assistance to domestic individuals. See
Part IV
, line 22
...........
1,975,835
1,975,835
3
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See
Part IV
, lines 15 and 16.
.............
813,182
813,182
4
Benefits paid to or for members
.......
0
5
Compensation of current officers, directors, trustees, and key employees
...........
5,005,784
1,967,747
3,038,037
6
Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
.........
0
7
Other salaries and wages
........
213,322,718
188,036,803
24,346,969
938,946
8
Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions)
....
18,770,094
5,705,792
13,040,565
23,737
9
Other employee benefits
.......
34,035,271
42,599,086
-8,743,512
179,697
10
Payroll taxes
...........
15,294,759
13,685,640
1,552,390
56,729
11
Fees for services (non-employees):
a
Management
......
0
b
Legal
.........
1,521,211
495,186
1,010,487
15,538
c
Accounting
...........
524,284
18,000
506,284
d
Lobbying
...........
0
e
Professional fundraising services.
See
Part IV
, line 17
0
f
Investment management fees
......
84,576
79,576
5,000
g
Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
142,424,571
138,855,739
3,480,642
88,190
12
Advertising and promotion
....
16,206,952
16,005,910
201,042
13
Office expenses
.......
3,941,458
3,401,231
482,259
57,968
14
Information technology
......
45,136,564
33,599,385
11,450,625
86,554
15
Royalties
..
5,016,978
5,016,978
16
Occupancy
...........
9,108,138
6,815,141
2,289,123
3,874
17
Travel
............
661,828
304,469
356,978
381
18
Payments of travel or entertainment expenses for any federal, state, or local public officials
.
0
19
Conferences, conventions, and meetings
....
5,639,028
5,572,752
66,276
20
Interest
...........
2,305,791
2,305,791
21
Payments to affiliates
.......
0
22
Depreciation, depletion, and amortization
..
34,506,994
27,670,165
6,836,829
23
Insurance
...
460,896
56,725
404,171
24
Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a
PREMIUM
11,645,711
11,645,711
b
LIBRARY
13,677,231
13,332,988
341,773
2,470
c
PUBLICATION AND DISTRIBUTION
4,481,673
4,551,087
-69,414
d
EMPL TRAIN/DEV/RECRUITMENT
3,192,546
2,032,734
1,159,376
436
e
All other expenses
5,080,839
6,590,784
-1,519,481
9,536
25
Total functional expenses.
Add lines 1 through 24e
607,067,757
543,061,491
62,537,210
1,469,056
26
Joint costs.
Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation.
Check here
if following SOP 98-2 (ASC 958-720).
Form
990
(2021)
Form 990 (2021)
Page
11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this
Part IX
..............
(A)
Beginning of year
(B)
End of year
1
Cash–non-interest-bearing
........
74,364,674
1
83,231,829
2
Savings and temporary cash investments
.........
52,525
2
52,511
3
Pledges and grants receivable, net
......
4,188,256
3
3,519,504
4
Accounts receivable, net
.............
46,158,062
4
53,484,093
5
Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons
.......
0
5
0
6
Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B)
...
0
6
0
7
Notes and loans receivable, net
...........
0
7
0
8
Inventories for sale or use
............
84,218
8
51,276
9
Prepaid expenses and deferred charges
......
43,447,322
9
32,936,464
10a
Land, buildings, and equipment: cost or other basis. Complete
Part VI
of Schedule D
10a
458,714,951
b
Less: accumulated depreciation
10b
330,934,095
133,260,247
10c
127,780,856
11
Investments—publicly traded securities
.
1,349,108,988
11
1,490,031,889
12
Investments—other securities. See
Part IV
, line 11
.....
137,658,244
12
175,122,868
13
Investments—program-related. See
Part IV
, line 11
..
0
13
0
14
Intangible assets
...............
0
14
0
15
Other assets. See
Part IV
, line 11
...........
14,013,253
15
16,375,128
16
Total assets.
Add lines 1 through 15 (must equal line 33)
...
1,802,335,789
16
1,982,586,418
17
Accounts payable and accrued expenses
.....
83,984,947
17
89,681,513
18
Grants payable
...
3,703,659
18
1,244,852
19
Deferred revenue
.........
148,196,630
19
145,545,255
20
Tax-exempt bond liabilities
.........
0
20
0
21
Escrow or custodial account liability.
Complete
Part IV
of Schedule D
0
21
0
22
Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons
.........
0
22
0
23
Secured mortgages and notes payable to unrelated third parties
..
0
23
0
24
Unsecured notes and loans payable to unrelated third parties
..
60,337,367
24
60,346,200
25
Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24).
Complete
Part X
of Schedule D
76,628,152
25
67,416,403
26
Total liabilities.
Add lines 17 through 25
..
372,850,755
26
364,234,223
Organizations that follow FASB ASC 958,
check here
and complete lines 27, 28, 32, and 33.
27
Net assets without donor restrictions
..........
586,953,321
27
727,639,429
28
Net assets with donor restrictions
...........
842,531,713
28
890,712,766
Organizations that do not follow FASB ASC 958,
check here
and complete lines 29 through 33.
29
Capital stock or trust principal, or current funds
.....
29
30
Paid-in or capital surplus, or land, building or equipment fund
...
30
31
Retained earnings, endowment, accumulated income, or other funds
31
32
Total net assets or fund balances
...........
1,429,485,034
32
1,618,352,195
33
Total liabilities and net assets/fund balances
........
1,802,335,789
33
1,982,586,418
Form
990
(2021)
Form 990 (2021)
Page
12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this
Part XI
..............
1
Total revenue (must equal
Part VIII
, column (A), line 12)
............
1
851,256,692
2
Total expenses (must equal
Part IX
, column (A), line 25)
............
2
607,067,757
3
Revenue less expenses. Subtract line 2 from line 1
..............
3
244,188,935
4
Net assets or fund balances at beginning of year (must equal
Part X
, line 32, column (A))
..
4
1,429,485,034
5
Net unrealized gains (losses) on investments
...............
5
-41,477,259
6
Donated services and use of facilities
.................
6
7
Investment expenses
.....................
7
8
Prior period adjustments
.....................
8
9
Other changes in net assets or fund balances (explain in Schedule O)
........
9
-13,844,515
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal
Part X
, line 32, column (B))
10
1,618,352,195
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this
Part XII
.............
Yes
No
1
Accounting method used to prepare the Form 990:
Cash
Accrual
Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
Separate basis
Consolidated basis
Both consolidated and separate basis
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
Separate basis
Consolidated basis
Both consolidated and separate basis
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight
of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
No
b
If "Yes," did the organization undergo the required audit or audits?
If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Form
990
(2021)
Form 990 (2021)
Additional Data
Software ID:
Software Version:
Form 990, Special Condition Description:
Special Condition Description