Civic Intelligence

Materials Research Society

EIN 31-1037979 • 501(c)3 • Warrendale, PA

Profile

To foster interaction among scientists involved in the preparation, characterization, design, and utilization of various materials.

506 Keystone DriveWarrendale, PA 15086

www.mrs.org

Siviq Scores

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

Liabilities / Assets

54th percentile

0.21x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.25x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

44th percentile

2.4%

Higher net margin than 44% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

44th percentile

3.4%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

36th percentile

1.1%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Up

$12,907,116

Up $832,491 (+6.9%) from 2022

Liabilities

Down

$2,704,841

Down $350,811 (-11%) from 2022

Net Assets

Up

$10,202,275

Up $1,183,302 (+13%) from 2022

Revenue

Up

$10,720,989

Up $238,299 (+2.3%) from 2022

Expenses

Down

$10,468,910

Down $597,316 (-5.4%) from 2022

Net Income

Up

$252,079

Up $835,615 (+143%) from 2022

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2012: $11,692,439Liabilities 2012: $2,103,112Net Assets 2012: $9,589,3272012Assets 2013: $12,069,810Liabilities 2013: $1,892,742Net Assets 2013: $10,177,0682013Assets 2015: $12,236,984Liabilities 2015: $1,866,659Net Assets 2015: $10,370,3252015Assets 2016: $13,732,184Liabilities 2016: $2,412,418Net Assets 2016: $11,319,7662016Assets 2017: $14,891,028Liabilities 2017: $2,601,528Net Assets 2017: $12,289,5002017Assets 2018: $14,213,653Liabilities 2018: $2,240,611Net Assets 2018: $11,973,0422018Assets 2019: $15,488,767Liabilities 2019: $2,930,705Net Assets 2019: $12,558,0622019Assets 2020: $13,442,230Liabilities 2020: $2,400,302Net Assets 2020: $11,041,9282020Assets 2021: $13,527,707Liabilities 2021: $2,544,004Net Assets 2021: $10,983,7032021Assets 2022: $12,074,625Liabilities 2022: $3,055,652Net Assets 2022: $9,018,9732022Assets 2024: $12,907,116Liabilities 2024: $2,704,841Net Assets 2024: $10,202,2752024

Highlighted filing

2024

Assets$12,907,116
Liabilities$2,704,841
Net Assets$10,202,275

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2012: $10,110,4112012Revenue 2013: $10,737,531Expenses 2013: $10,637,135Net Income 2013: $100,3962013Revenue 2015: $10,477,692Expenses 2015: $10,279,748Net Income 2015: $197,9442015Revenue 2016: $11,690,515Expenses 2016: $10,966,864Net Income 2016: $723,6512016Revenue 2017: $11,033,270Expenses 2017: $10,468,003Net Income 2017: $565,2672017Revenue 2018: $10,392,631Expenses 2018: $10,102,125Net Income 2018: $290,5062018Revenue 2019: $11,129,995Expenses 2019: $10,777,779Net Income 2019: $352,2162019Revenue 2020: $5,532,198Expenses 2020: $7,795,805Net Income 2020: -$2,263,6072020Revenue 2021: $7,097,114Expenses 2021: $7,203,731Net Income 2021: -$106,6172021Revenue 2022: $10,482,690Expenses 2022: $11,066,226Net Income 2022: -$583,5362022Revenue 2024: $10,720,989Expenses 2024: $10,468,910Net Income 2024: $252,0792024

Highlighted filing

2024

Revenue$10,720,989
Expenses$10,468,910
Net Income$252,079

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$10,572,058
Mission and Program Overview

Mission

To foster interaction among scientists involved in the preparation, characterization, design, and utilization of various materials.

The materials research society (mrs) is an organization of materials researchers worldwide that promotes communication for the advancement of interdisciplinary materials research and technology to improve the quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,719,410$8,507,277▼ $1,212,133
Land, Buildings, and Equipment, Net$1,117,000$1,063,879▼ $53,121
Accounts Receivable$797,783$930,793▲ $133,010
Savings and Temporary Cash Investments$1,195,346$795,012▼ $400,334
Prepaid Expenses and Deferred Charges$551,768$416,439▼ $135,329
Cash and Non-Interest-Bearing Accounts$146,400$361,225▲ $214,825
Total Assets$13,527,707$12,074,625▼ $1,453,082
Liabilities
Accounts Payable and Accrued Expenses$1,436,498$1,814,706▲ $378,208
Deferred Revenue$1,107,506$1,240,946▲ $133,440
Total Liabilities$2,544,004$3,055,652▲ $511,648
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,896,408$8,101,313▼ $1,795,095
Net Assets With Donor Restrictions$1,087,295$917,660▼ $169,635
Total Net Assets Fund Balance$10,983,703$9,018,973▼ $1,964,730
Total Liabilities and Net Assets / Fund Balance$13,527,707$12,074,625▼ $1,453,082

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$160,332$3,273,752$3,434,084
Buildings$574,533$1,782,545$2,357,078
Land$329,014-$329,014

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,063,899$34,158▼ $153,142$49,677$895,238
2021$982,109$22,075▲ $94,715$35,000$1,063,899
2020$890,614$28,785▲ $96,710$34,000$982,109
2019$762,606$25,000▲ $134,008$31,000$890,614
2018$845,671-▼ $52,065$31,000$762,606
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd M OsmanExecutive DirectorFT$320,383$57,458$377,841
J Ardie DillenDirector Finance/admin Thru 12/22FT$181,989$44,585$226,574
Eileen KileyDirector of ProgramsFT$158,210$29,018$187,228
Gopal RaoChief Editor for TechnicalFT$118,351$30,203$148,554
Robert BraughlerDigital Media ManagerFT$107,725$28,445$136,170
Damon DozierDirector of Gov. Affairs Until Sept 2022FT$120,524$8,073$128,597
Beth PowellSr. Meetings & Exhibits ManagerFT$103,449$18,282$121,731

Board Members and Trustees

NameTitle
Cherie R KaganImmediate Past President
Carolyn R DuranPresident
Sabrina SartoriVice President
Aditi Risbud BartlDirector
Catherine DubourdieuDirector
Cheolmin ParkDirector
Chinedum OsujiDirector
Claudia FelserDirector
Coray M ColinaDirector
Ilke ArslanDirector
Kristen H BrosnanDirector
Kyoung-shin ChoiDirector
Leonard J BrillsonDirector
Nerissa DraegerDirector
Ting XuDirector
Baratunde ColaDirector Until June 2022
Dawnielle Farrar-gainesSecretary
Shenda BakerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Cogent Global Solutions INCMeeting Audio Visual Services1550 LARIMER STREET, Denver, CO 80202$920,075
Levy RestaurantsMeeting Food And Beverage Services415 SUMMER STREET, Boston, MA 02210$556,485
Conferencedirect LLCVirtual And On-site Meeting Services193 BLUE RAVINE ROAD SUITE 190, Folsom, CA 95630$307,695
Boston Park PlazaMeeting Venue50 PARK PLAZA, Boston, MA 02116$245,518
Smg Long Beach Convention CenterMeeting Venue300 E OCEAN BOULEVARD, Long Beach, CA 90802$241,258
Revenue and Support

Revenue Composition

Contributions and Grants
$882,777
Program Service Revenue
$7,577,983
Investment Income
$162,231
Other Revenue
$1,859,699
All Other Contributions
$670,268
Change in Net Assets
$-583,536

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,472,665
Revenue Not Reported on Financial Statements
$10,025
Revenue Not Reported on Form 990
$-1,381,194
Total Revenue per Audited Statements
$9,091,471
Total Revenue per Form 990
$10,482,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,128,647
Salaries, Compensation, and Employee Benefits$3,843,479
Grants and Similar Amounts Paid$94,100
Total Fundraising Expense$911
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,427,063$855,550$708$2,283,321
Fees for Services Other$719,261$166,644-$885,905
Current Officers, Directors, Trustees, and Key Employees$534,841$256,801-$791,642
Other Employee Benefits$267,814$155,997$114$423,925
Travel$379,558$36,577-$416,135
Information Technology$203,147$114,271-$317,418
Payroll Taxes$147,740$84,170$55$231,965
Occupancy$77,010$43,318-$120,328
Pension Plan Contributions$70,473$42,119$34$112,626
Depreciation Depletion$70,709$39,774-$110,483
Insurance$61,433$28,255-$89,688
Office Expenses$52,068$26,427-$78,495
Grants to Domestic Individuals$64,900--$64,900
Other Expenses$27,954$19,966-$47,920
All Other Expenses$29,135$8,418-$37,553
Advertising$36,456--$36,456
Fees for Services Lobbying$30,369--$30,369
Fees for Services Accounting-$27,349-$27,349
Foreign Grants$23,500--$23,500
Fees for Service Investment Mgmnt Fees-$10,025-$10,025
Grants to Domestic Orgs$5,700--$5,700
Fees for Services Legal-$4,383-$4,383
Total Functional Expenses$9,107,248$1,958,067$911$11,066,226

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$11,066,226
Expenses per Audited Statements$11,056,201
Total Expenses per Audited Statements$11,056,201
Expenses Not Reported on Financial Statements$10,025
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The society consists of more than 13,000 members from the united states of american and more than 90 other countries and members and the headquarters staff work together encouraging interdisciplinary communication and technical information exchange across the various fields of science affecting materials of technological importance.

Form 990, Part VI, Section A, Line 7A

Members of the society are entitled to vote for directors, for the vice president and the secretary.

Form 990, Part VI, Section A, Line 7B

Members of the society are entitled to vote on amendments to the constitution; on member-initiated referendums related to bylaws adopted or changed by the board of directors; on proposals submitted by members to remove officers or directors.

Form 990, Part VI, Section B, Line 11B

The board has appointed the finance and audit committee to review the 990 before submission. The 990 is made available to the entire board before submission.

Form 990, Part VI, Section B, Line 12C

Each year; during the fall board meeting, each board member is required to complete a conflict of interest policy acknowledgement. The employee conflict of interest policy is included in the employee handbook, and requires a signature of acknowledgement on an annual basis.

Form 990, Part VI, Section B, Line 15

Annual compensation adjustments are based on individual performance, market influences and the financial performance of the society. Market influences include: cpi information, comparability data from consultants and/or benchmark surveys, information from industry where applicable, and compa ratio method established in prior years by compensation consultants. All compensation adjustments for staff are approved by the executive director with comparability data and compensation for top management staff being reviewed by the governance committee the executive director's compensation adjustment is set by the board of directors.

Form 990, Part VI, Section C, Line 19

The governing documents, and a financial statement summary are available on the mrs website. Financial statements and the conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Materials Research Society
EIN
31-1037979
Phone
7247793003
Address
506 KEYSTONE DRIVE, WARRENDALE, PA 15086

Signing Officer

Name
Todd M Osman
Title
Executive Director
Phone
7247793003
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd M Osman
Formed
1973
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
18
Employees
43
Volunteers
1,200

Preparer

Firm
Cliftonlarsonallen Llp
Address
501 GRANT STREET SUITE 425, PITTSBURGH, PA 15219
Preparer
Jennifer Coleman
Phone
3304972000
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

A quasi-endowment for the purpose of establishing a graduate student, materials characterization, materials theory, mid-career researcher and mrs medal awards. A portion of the funds also relate to the david turnbull lectureship fund which was established to recognize the career of a scientist who made outstanding contributions in the area of materials research and the robinson science & technology award established to recognize a student/post doctorate young professional in the area of renewable sources of energy. Also includes endowments for the jounral of materials research prize and materials research society diversity and inclusion fund.

PART X, LINE 2:

The society has been determined to be exempt from federal income taxes pursuant to section 501(c)(3) of the internal revenue code of 1986 (irc). Accordingly, no provision for federal and state income taxes is required. However, income from certain activities not directly related to the society's tax-exempt purpose is subject to taxation as unrelated business income. Such income, pursuant to the irc and related regulations, includes portions of the income of mrs bulletin, meeting scene, and other nonrelated sources. For the years ended december 31, 2022 and 2021, no material tax liability is anticipated. The society has been further classified as an organization which is not a private foundation. Further, the society annually files a form 990 and form 990-t, as well as several required state returns. The society follows the income tax standard for uncertain tax positions. This standard prescribes a recognition threshold and measurement principle for the financial statement recognition and measurement of tax positions taken or expected to be taken on a tax return that are not certain to be realized. As a result of the application of the income tax standard and in light of its tax-exempt status, the society evaluated its tax positions and determined it had no uncertain tax positions as of december 31, 2022 and 2021.

Raw XML AppendixShowing 400 of 907 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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