Civic Intelligence

Materials Research Society

990 • Fiscal year 2015 • EIN 31-1037979

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 11, 2016

506 Keystone DriveWarrendale, PA 15086

(724) 779-3003

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.15x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

42nd percentile

0.18x

Higher debt load relative to revenue than 42% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

46th percentile

1.9%

Higher net margin than 46% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

81st percentile

$316,523

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

34th percentile

-1.7%

Faster asset growth than 34% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

23rd percentile

-7.5%

Faster revenue growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$12,236,984

Up $167,174 (+1.4%) from 2013

Net Assets

Up

$10,370,325

Up $193,257 (+1.9%) from 2013

Liabilities

Down

$1,866,659

Down $26,083 (-1.4%) from 2013

Revenue

Down

$10,477,692

Down $259,839 (-2.4%) from 2013

Expenses

Down

$10,279,748

Down $357,387 (-3.4%) from 2013

Net Income

Up

$197,944

Up $97,548 (+97%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2015

Assets$12,236,984
Liabilities$1,866,659
Net Assets$10,370,325

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2015

Revenue$10,477,692
Expenses$10,279,748
Net Income$197,944
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 11, 2016
Return Version
2015v2.1
Gross Receipts
$10,477,692
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$7,240,246$6,764,240▼ $476,006
Savings and Temporary Cash Investments$2,439,678$3,051,631▲ $611,953
Land, Buildings, and Equipment, Net$1,717,918$1,679,208▼ $38,710
Accounts Receivable$758,059$550,757▼ $207,302
Prepaid Expenses and Deferred Charges$287,541$191,148▼ $96,393
Cash and Non-Interest-Bearing Accounts$2,080$0▼ $2,080
Total Assets$12,445,522$12,236,984▼ $208,538
Liabilities
Accounts Payable and Accrued Expenses$1,513,711$1,407,663▼ $106,048
Deferred Revenue$471,048$458,996▼ $12,052
Total Liabilities$1,984,759$1,866,659▼ $118,100
Net Assets / Fund Balance
Unrestricted Net Assets$9,940,362$9,854,412▼ $85,950
Permanently Rstr Net Assets$425,000$450,000▲ $25,000
Temporarily Rstr Net Assets$95,401$65,913▼ $29,488
Total Net Assets Fund Balance$10,460,763$10,370,325▼ $90,438
Total Liabilities and Net Assets / Fund Balance$12,445,522$12,236,984▼ $208,538

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$394,987$2,471,460$2,866,447
Buildings$955,207$1,272,052$2,227,259
Land$329,014-$329,014

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$425,000$25,000--$450,000
2014$425,000---$425,000
2013$425,000---$425,000
2012$400,000$25,000--$425,000
2011$291,310$108,690--$400,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd OsmanExecutive DirectorFT$256,640$59,883$316,523
J Ardie DillenDirector of Fin & AdministratioFT$142,426$32,934$175,360
Patricia HastingsDirector of MeetingsFT$137,139$31,073$168,212
Damon DozierDirector of Government AffairsFT$122,850$23,302$146,152
Eileen KileyDirector of CommunicationsFT$126,140$11,792$137,932
Mary KaufoldAdvertising and Exhibits MFT$106,018$11,541$117,559
Jeffrey HamidiMgr of Info Systems & DeveFT$105,057$11,031$116,088

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Production Resource Group LLCAudio Visual SupportPO BOX 731516, Dallas, TX 75373$609,838
Smgmoscone CenterSpring Meeting Venue74 HOWARD STREET, San Francisco, CA 94103$233,139
Sheraton Boston HotelFall Meeting Host39 DALTON STREET, Boston, MA 02199$225,388
Marriot Business ServicesSpring Meeting HostPO BOX 402642, Atlanta, GA 30384$188,473
Scholarone INCAbstracts Processing39327 TREASURY CENTER, Chicago, IL 60694$181,449
Revenue and Support

Revenue Composition

Contributions and Grants
$939,004
Program Service Revenue
$6,697,515
Investment Income
$192,486
Other Revenue
$2,648,687
All Other Contributions
$674,870
Change in Net Assets
$197,944

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,477,692
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-298,382
Total Revenue per Audited Statements
$10,179,310
Total Revenue per Form 990
$10,477,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,723,214
Salaries, Compensation, and Employee Benefits$4,447,375
Grants and Similar Amounts Paid$109,159
Total Fundraising Expense$34,967
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,967,520$783,862$21,303$2,772,685
Conferences and Meetings$1,324,248--$1,324,248
Other Employee Benefits$468,896$230,761$4,714$704,371
All Other Expenses$557,621$104,759$4,132$666,512
Current Officers, Directors, Trustees, and Key Employees$198,862$282,278$477$481,617
Travel$425,707$31,915-$457,622
Depreciation Depletion$191,069$183,577-$374,646
Fees for Services Other$283,851$86,644-$370,495
Payroll Taxes$219,637$108,081$2,208$329,926
Other Expenses$136,601$108,306$1,070$245,977
Information Technology$183,491$17,352-$200,843
Pension Plan Contributions$105,696$52,017$1,063$158,776
Occupancy$67,006$64,378-$131,384
Office Expenses$65,862$19,314-$85,176
Advertising$82,971--$82,971
Grants to Domestic Individuals$43,500--$43,500
Foreign Grants$41,500--$41,500
Insurance$30,043--$30,043
Grants to Domestic Orgs$24,159--$24,159
Fees for Services Accounting-$15,970-$15,970
Fees for Services Legal-$11,069-$11,069
Fees for Service Investment Mgmnt Fees-$10,000-$10,000
Total Functional Expenses$8,096,031$2,148,750$34,967$10,279,748

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,279,748
Total Expenses per Form 990$10,279,748
Total Expenses per Audited Statements$10,269,748
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-10,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rice UniversityHouston, TX501c3Mrs Foundation Grant$6,700

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 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's members elect the members of the governing body and approve significant decisions of the governing body.

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

Society consists of more than 16,000 members from the united states of america and more than 90 other countries. 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: (a) for directors; (b) for the vice president and secretary; (c) on amendments to the constitution; (d) on member-initiated referendums related to bylaws adopted or changed by the board of directors; and (e) on proposals submitted by members to remove officers or directors.

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

Members vote to elect the board of directors and on selected matters.

Form 990, Part VI, Section B, Line 11

The board has appointed the audit committee to review the 990 before submission. The audit committee reports back to the board on the 990. 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 acknowledgment. The employee conflict of interest policy is included in the employee handbook, which requires a signature of acknowledgment 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

Governing documents are available on the mrs website. Financial statements and conflict of interest policy are available upon request. Financial statement summary is on website.

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
2016-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd M Osman
Formed
1973
Legal Domicile
Pa
Voting Board Members
22
Independent Board Members
22
Employees
57
Volunteers
1,000

Preparer

Firm
MAHER DUESSEL CPA'S
Address
503 MARTINDALE STREET SUITE 600, PITTSBURGH, PA 15212
Preparer
Timothy J Morgus
Phone
4124715500
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

A quasi-endowment for the purpose of establishing a graduate student, materials characterization, materials theory and mid career researcher 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.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

MANAGEMENT FEES -10,000.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

MANAGEMENT FEES -10,000.

Raw XML AppendixShowing 400 of 922 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/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt26ADVERTISING AND EXHIBITS M
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