Civic Intelligence

American Musicological Society Inc

EIN 23-1577392 • 501(c)3 • New York, NY

Profile

The American Musicological Society, Inc. (AMS), founded in 1942, is committed to advancing research, education, and public understanding of music, musicology, and performance, as a branch of learning and scholarship.

20 Cooper Square Flr 3New York, NY 10003
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.12x

Higher debt load relative to revenue than 41% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2024

Net Margin

45th percentile

-0.3%

Higher net margin than 45% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$185,166

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

NTEE A • $10M-$25M nonprofits • Source year 2024

Asset Growth

72nd percentile

11%

Faster asset growth than 72% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

1.7%

Faster revenue growth than 32% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets35th percentile

Assets

Up

$10,737,918

Up $1,061,635 (+11%) from 2023

Liabilities

Up

$171,135

Up $63,073 (+58%) from 2023

Net Assets

Up

$10,566,783

Up $998,562 (+10%) from 2023

Operations
Liabilities / Revenue41st percentileNet Margin45th percentile

Revenue

Up

$1,478,815

Up $24,112 (+1.7%) from 2023

Expenses

Up

$1,483,904

Up $2,625 (+0.2%) from 2023

Net Income

Up

-$5,089

Up $21,487 (+81%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth72nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $4,917,469Liabilities 2011: $16,833Net Assets 2011: $4,900,6362011Assets 2012: $4,862,743Liabilities 2012: $18,136Net Assets 2012: $4,844,6072012Assets 2013: $5,340,728Liabilities 2013: $16,479Net Assets 2013: $5,324,2492013Assets 2014: $6,027,185Liabilities 2014: $33,612Net Assets 2014: $5,993,5732014Assets 2015: $6,321,218Liabilities 2015: $26,907Net Assets 2015: $6,294,3112015Assets 2016: $6,660,495Liabilities 2016: $14,750Net Assets 2016: $6,645,7452016Assets 2017: $7,187,293Liabilities 2017: $30,834Net Assets 2017: $7,156,4592017Assets 2018: $7,564,274Liabilities 2018: $77,558Net Assets 2018: $7,486,7162018Assets 2019: $7,841,594Liabilities 2019: $66,942Net Assets 2019: $7,774,6522019Assets 2020: $8,389,359Liabilities 2020: $113,891Net Assets 2020: $8,275,4682020Assets 2021: $10,384,064Liabilities 2021: $102,742Net Assets 2021: $10,281,3222021Assets 2022: $9,117,936Liabilities 2022: $182,095Net Assets 2022: $8,935,8412022Assets 2023: $9,676,283Liabilities 2023: $108,062Net Assets 2023: $9,568,2212023Assets 2024: $10,737,918Liabilities 2024: $171,135Net Assets 2024: $10,566,7832024

Highlighted filing

2024

Assets$10,737,918
Liabilities$171,135
Net Assets$10,566,783
Open 2024 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $859,725Expenses 2011: $794,574Net Income 2011: $65,1512011Revenue 2012: $981,563Expenses 2012: $878,505Net Income 2012: $103,0582012Revenue 2013: $1,089,562Expenses 2013: $902,627Net Income 2013: $186,9352013Revenue 2014: $861,587Expenses 2014: $691,796Net Income 2014: $169,7912014Revenue 2015: $1,233,597Expenses 2015: $819,490Net Income 2015: $414,1072015Revenue 2016: $1,343,714Expenses 2016: $736,526Net Income 2016: $607,1882016Revenue 2017: $912,620Expenses 2017: $925,504Net Income 2017: -$12,8842017Revenue 2018: $1,164,659Expenses 2018: $860,714Net Income 2018: $303,9452018Revenue 2019: $1,166,620Expenses 2019: $1,034,094Net Income 2019: $132,5262019Revenue 2020: $1,394,592Expenses 2020: $867,832Net Income 2020: $526,7602020Revenue 2021: $3,294,751Expenses 2021: $939,307Net Income 2021: $2,355,4442021Revenue 2022: $1,406,300Expenses 2022: $954,498Net Income 2022: $451,8022022Revenue 2023: $1,454,703Expenses 2023: $1,481,279Net Income 2023: -$26,5762023Revenue 2024: $1,478,815Expenses 2024: $1,483,904Net Income 2024: -$5,0892024

Highlighted filing

2024

Revenue$1,478,815
Expenses$1,483,904
Net Income-$5,089
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$10,737,918
Liabilities
$171,135
Net assets
$10,566,783
Revenue
$1,478,815
Expenses
$1,483,904
Net income
-$5,089
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.7$0.17$10.6$1.48$1.48$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.68$0.11$9.57$1.45$1.48$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.12$0.18$8.94$1.41$0.95$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$0.10$10.3$3.29$0.94$2.36
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.39$0.11$8.28$1.39$0.87$0.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.84$0.07$7.77$1.17$1.03$0.13
2018Summary only. Only limited summary data is available for this year.$7.56$0.08$7.49$1.16$0.86$0.30
2017Summary only. Only limited summary data is available for this year.$7.19$0.03$7.16$0.91$0.93$0.01
2016Summary only. Only limited summary data is available for this year.$6.66$0.01$6.65$1.34$0.74$0.61
2015Summary only. Only limited summary data is available for this year.$6.32$0.03$6.29$1.23$0.82$0.41
2014Summary only. Only limited summary data is available for this year.$6.03$0.03$5.99$0.86$0.69$0.17
2013Summary only. Only limited summary data is available for this year.$5.34$0.02$5.32$1.09$0.90$0.19
2012Summary only. Only limited summary data is available for this year.$4.86$0.02$4.84$0.98$0.88$0.10
2011Summary only. Only limited summary data is available for this year.$4.92$0.02$4.90$0.86$0.79$0.07
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 12, 2021
Return Version
2019v5.0
Gross Receipts
$4,073,112
Mission and Program Overview

Mission

The American Musicological Society, Inc. (AMS), founded in 1942, is committed to advancing research, education, and public understanding of music, musicology, and performance, as a branch of learning and scholarship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,723,940$7,609,034▼ $114,906
Cash and Non-Interest-Bearing Accounts$29,113$330,451▲ $301,338
Prepaid Expenses and Deferred Charges$12,342$4,268▼ $8,074
Accounts Receivable$9,987$1,894▼ $8,093
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$7,841,594$8,389,359▲ $547,765
Other Assets Total$66,212$443,712▲ $377,500
Liabilities
Accounts Payable and Accrued Expenses$49,077$109,841▲ $60,764
Deferred Revenue$13,670--
Escrow Account Liability$4,195$4,050▼ $145
Total Liabilities$66,942$113,891▲ $46,949
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,453,620$6,249,775▼ $203,845
Net Assets Without Donor Restrictions$1,321,032$2,025,693▲ $704,661
Total Net Assets Fund Balance$7,774,652$8,275,468▲ $500,816
Total Liabilities and Net Assets / Fund Balance$7,841,594$8,389,359▲ $547,765

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,696,889$7,678▲ $56,499$547,823$1,213,243
2018$1,593,099$65,150▲ $96,848$58,208$1,696,889
2017$4,472,083$138,211▲ $319,583$167,655$4,762,222
2016$4,030,646$111,248▲ $492,158$161,969$1,212
2015----$1,212
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Siovahn WalkerExecutive DirectorPT$76,633$76,633
Robert JuddFormer Exec DirectorFT$31,607$31,607
Carla ZecherFormer Exec DirectorPT$10,290$10,290

Board Members and Trustees

NameTitle
Martha FeldmanPast President
Suzanne CusickPresident
Tammy KernodlePresident
Steve SwaynePresident-Elect
Judy TsouVice President
Lydia HamessleyBoard Secretary
Douglas ShadleCoun. Secretary
Alejandro MadridMember-At-Large
Charles Hiroshi GarrettMember-At-Large
Joy CalicoMember-At-Large
Julie CummingMember-At-Large
Leonora SaavedraMember-At-Large
Bonnie GordonPast Member
Daniel GoldmarkPast Member
Katharine EllisPast Member
Michael TusaPast tary
James LadewigTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$685,085
Program Service Revenue
$317,865
Investment Income
$391,642
Other Revenue
$0
All Other Contributions
$468,058
Change in Net Assets
$526,760

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$116,243Fair Market Value (FMV)
Total Noncash Contributions5$116,243-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,394,592
Revenue Not Reported on Form 990
$-25,944
Total Revenue per Audited Statements
$1,368,648
Total Revenue per Form 990
$1,394,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$513,238
Salaries, Compensation, and Employee Benefits$207,192
Grants and Similar Amounts Paid$147,402
Total Fundraising Expense$14,468
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$219,811$15,574$1,209$236,594
Grants to Domestic Individuals$147,402--$147,402
Current Officers, Directors, Trustees, and Key Employees$53,339$59,266$5,926$118,531
Other Salaries and Wages$6,563$55,784$3,282$65,629
Fees for Services Accounting-$55,131-$55,131
Office Expenses$10,854$22,842$1,773$35,469
Other Employee Benefits$1,874$12,577$760$15,211
Fees for Services Other-$9,768-$9,768
Payroll Taxes$1,628$5,801$392$7,821
Other Expenses$1,179$2,482$193$3,854
Fees for Services Legal-$1,050-$1,050
All Other Expenses$104$218$17$339
Total Functional Expenses$601,072$252,292$14,468$867,832

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$867,832
Total Expenses per Audited Statements$867,832
Total Expenses per Form 990$867,832
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“All board members get a copy of the form 990 to be reviewed before filing.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board determines the salary level based on similar positions with other organizations and makes sure the salaries are reasonable in nature.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Through guidestar and the new york charities bureau websites”

Part VI, Line 11B.

“Form 990 is made available to all board members for review.”

Part VI, Line 19

“Documents are available upon request from the organization's administrative offices.”

Part VI, Line 6

“Ams is a membership organization for music education professionals.”

Filing and Contact Details

Filer

Filer Name
American Musicological Society Inc
EIN
23-1577392
Phone
2129926340
Address
20 COOPER SQUARE, NEW YORK, NY 10003

Signing Officer

Name
Siovahn Walker
Title
Executive Director
Signed
2021-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Siovahn Walker
Formed
1942
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
300

Preparer

Firm
Dinowitz & Bove CPAs
Address
150 Broadway Ste 1010, New York, NY 10038
Preparer
Frank Bove
Phone
2129730935
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization follows the provisions of Financial Accounting Standards Boards Accounting Standards Codification (ASC) 740-10-05 relating to accounting and reporting for uncertainty in income taxes. Since the Organization reports its activities on the accrual basis of accounting, and due to its general not-for-profit status, ASC 740-10-05 has not had, and is not expected to have, a material impact on the Organizations financial statements.”

Raw XML AppendixShowing 400 of 652 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The American Musicological Society, Inc. (AMS or the Organization) is a membership-based organization founded in 1934 to advance research and teaching in the various fields of music as a branch of learning and scholarship. About 3,000 individuals and 700 library subscribers from over forty nations participate in the Society.The primary program activities of the society are: the publication of its Journal publications grantmaking (support for published musicological research) an annual meeting where music research is presented and discussed fellowships for graduate study in musicology evaluation and presentation of awards for outstanding publications travel and research grants for all aspects of musicology support for public lecture series on musicological topics for a wider publicThe programs are supported and managed by a board of directors (twelve members), a governing body with wide representation (AMS Council), and a paid administrative staff (3.5 FTE). Financial support for activities is provided through the Society's host institution, New York University. The National Endowment for the Humanities and the University of Michigan also support the Society's effort to publish a series of critical editions focused on American music and titled Music of in the United States of America (MUSA). Over three hundred members of the Society serve voluntarily on committees and boards to assist in accomplishing its goals. During the fiscal year ended June 30, 2020, AMS added a new permanent program, the Sustainable Mentorship Program, and one new temporary program, Emergency Relief Grants. Sustainable Mentorship Program (SMP), designed to provide robust support to members transitioning from graduate student to a variety of career paths. In response to the COVID-19 pandemic, the Society launched two new, short-term grant programs designed to provide immediate, one-time support to current and recent members of the American Musicological Society. - AMS Emergency Income Support Grants provide $500 in supplementary income and one year of AMS membership to individuals who have been negatively affected by the COVID-19 crisis and meet the eligibility guidelines. - AMS Grants for Material Support provide one year of AMS membership and a $500 grant to defray the cost of materials or services necessary for teaching, research, and professional development, including the purchase of equipment and technology, software, course materials, continuing education courses, etc.
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