Civic Intelligence

Materials Research Society

990 • Fiscal year 2019 • EIN 31-1037979

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2020

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

49th percentile

0.19x

Higher debt load relative to assets than 49% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

54th percentile

0.26x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

50th percentile

3.2%

Higher net margin than 50% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

87th percentile

$409,002

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

66th percentile

9.0%

Faster asset growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

60th percentile

7.1%

Faster revenue growth than 60% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$15,488,767

Up $1,275,114 (+9.0%) from 2018

Net Assets

Up

$12,558,062

Up $585,020 (+4.9%) from 2018

Liabilities

Up

$2,930,705

Up $690,094 (+31%) from 2018

Revenue

Up

$11,129,995

Up $737,364 (+7.1%) from 2018

Expenses

Up

$10,777,779

Up $675,654 (+6.7%) from 2018

Net Income

Up

$352,216

Up $61,710 (+21%) from 2018

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

2019

Assets$15,488,767
Liabilities$2,930,705
Net Assets$12,558,062

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

2019

Revenue$11,129,995
Expenses$10,777,779
Net Income$352,216
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2020
Return Version
2019v5.1
Gross Receipts
$13,125,390
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$8,212,422$9,430,428▲ $1,218,006
Savings and Temporary Cash Investments$2,666,226$2,818,655▲ $152,429
Land, Buildings, and Equipment, Net$1,486,333$1,350,412▼ $135,921
Accounts Receivable$835,248$991,353▲ $156,105
Cash and Non-Interest-Bearing Accounts$635,383$504,728▼ $130,655
Prepaid Expenses and Deferred Charges$378,041$393,191▲ $15,150
Total Assets$14,213,653$15,488,767▲ $1,275,114
Liabilities
Accounts Payable and Accrued Expenses$1,695,517$1,712,064▲ $16,547
Deferred Revenue$545,094$1,218,641▲ $673,547
Total Liabilities$2,240,611$2,930,705▲ $690,094
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,185,266$11,644,206▲ $458,940
Net Assets With Donor Restrictions$787,776$913,856▲ $126,080
Total Net Assets Fund Balance$11,973,042$12,558,062▲ $585,020
Total Liabilities and Net Assets / Fund Balance$14,213,653$15,488,767▲ $1,275,114

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$252,908$3,042,273$3,295,181
Buildings$768,490$1,561,511$2,330,001
Land$329,014-$329,014

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$762,606$25,000▲ $134,008$31,000$890,614
2018$845,671-▼ $52,065$31,000$762,606
2017$632,158$155,000▲ $84,513$26,000$845,671
2016$491,818$100,000▲ $61,340$21,000$632,158
2015$499,121$25,000▼ $11,803$20,500$491,818
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd M OsmanExecutive DirectorFT$299,013$109,989$409,002
J Ardie DillenDirector Finance and AdministrationFT$161,544$40,425$201,969
Patricia a HastingsDirector of MeetingsFT$156,869$36,918$193,787
Damon DozierDirector of Government AffairsFT$126,206$35,588$161,794
Eileen KileyDirector of CommunicationsFT$137,235$24,190$161,425
Mary KaufoldAdvertising and Exhibits ManagerFT$110,797$17,128$127,925
Elizabeth FleischerPrincipal Development EditorFT$110,256$13,723$123,979

Highest Paid Contractors

ContractorServicesLocationCompensation
Cogent Global Solutions INCAudio Visual Support1198 WILLIAM D FITCH PKWY, College Station, TX 77845$416,874
Hyatt Regency BellevueIcns Conference Host900 BELLEVUE WAY NE, Bellevue, WA 98004$334,329
Clarivate Analytics (us) LLCAbstracts ProcessingPO BOX 3772, Carol Stream, IL 60132$332,894
AventuraSpring Meeting Food & Beverage100 NORTH 3RD STREET, Phoenix, AZ 85004$258,773
Production Resource Group LLCAudio Visual SupportPO BOX 731516, Dallas, TX 75373$247,061
Revenue and Support

Revenue Composition

Contributions and Grants
$1,148,794
Program Service Revenue
$7,184,581
Investment Income
$475,650
Other Revenue
$2,320,970
All Other Contributions
$949,695
Change in Net Assets
$352,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,119,995
Revenue Not Reported on Financial Statements
$10,000
Revenue Not Reported on Form 990
$999,775
Total Revenue per Audited Statements
$12,119,770
Total Revenue per Form 990
$11,129,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,852,306
Salaries, Compensation, and Employee Benefits$4,848,623
Grants and Similar Amounts Paid$76,850
Total Fundraising Expense$17,877
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,819,290$873,507$13,639$2,706,436
Current Officers, Directors, Trustees, and Key Employees$762,077$365,900-$1,127,977
Fees for Services Other$587,102$64,056-$651,158
Other Employee Benefits$394,094$189,219$2,498$585,811
Travel$475,944$88,710-$564,654
Payroll Taxes$192,626$92,486$1,055$286,167
Information Technology$159,622$75,116-$234,738
Depreciation Depletion$154,783$72,840-$227,623
Office Expenses$80,828$85,290-$166,118
Pension Plan Contributions$95,631$45,916$685$142,232
Occupancy$90,135$42,417-$132,552
Other Expenses$69,155$39,668-$108,823
Fees for Services Lobbying$71,064--$71,064
Grants to Domestic Individuals$57,000--$57,000
All Other Expenses$25,864$17,761-$43,625
Insurance$19,356$23,389-$42,745
Fees for Services Accounting-$20,710-$20,710
Fees for Services Legal-$20,624-$20,624
Advertising$14,941--$14,941
Grants to Domestic Orgs$10,450--$10,450
Fees for Service Investment Mgmnt Fees-$10,000-$10,000
Foreign Grants$9,400--$9,400
Total Functional Expenses$8,554,373$2,205,529$17,877$10,777,779

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,777,779
Expenses per Audited Statements$10,767,779
Total Expenses per Audited Statements$10,767,779
Expenses Not Reported on Financial Statements$10,000
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 14,000 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 operational oversight/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
2020-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd M Osman
Formed
1973
Legal Domicile
Pa
Voting Board Members
23
Independent Board Members
23
Employees
53
Volunteers
1,200

Preparer

Firm
Cliftonlarsonallen Llp
Address
KL GATES CENTER 210 SIXTH AVE STE, 200, PITTSBURGH, PA 15222
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.

PART X, LINE 2:

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, 2019 and 2018.

Raw XML AppendixShowing 400 of 968 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/TitleTxt26DIRECTOR OF GOVERNMENT AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR OF MEETINGS
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