Civic Intelligence

American Society for Pharmacology And

EIN 58-6032060 • 501(c)3 • Rockville, MD

Profile

To promote pharmacological knowledge and its application and to conduct research pertaining thereto.

1801 Rockville Pike 210Rockville, MD 20852

www.aspet.org

Siviq Scores

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

Liabilities / Assets

41st percentile

0.13x

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.61x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

17th percentile

-9.3%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$338,072

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

41st percentile

2.9%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

18%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$31,116,051

Up $866,278 (+2.9%) from 2023

Liabilities

Up

$4,138,245

Up $507,423 (+14%) from 2023

Net Assets

Up

$26,977,806

Up $358,855 (+1.3%) from 2023

Revenue

Up

$6,734,604

Up $1,022,231 (+18%) from 2023

Expenses

Up

$7,360,722

Up $216,517 (+3.0%) from 2023

Net Income

Up

-$626,118

Up $805,714 (+56%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $15,330,950Liabilities 2010: $1,808,652Net Assets 2010: $13,522,2982010Assets 2011: $15,385,872Liabilities 2011: $1,910,169Net Assets 2011: $13,475,7032011Assets 2012: $17,025,916Liabilities 2012: $1,950,013Net Assets 2012: $15,075,9032012Assets 2013: $20,145,126Liabilities 2013: $1,623,527Net Assets 2013: $18,521,5992013Assets 2014: $21,632,136Liabilities 2014: $1,770,462Net Assets 2014: $19,861,6742014Assets 2015: $21,295,111Liabilities 2015: $1,817,452Net Assets 2015: $19,477,6592015Assets 2016: $21,527,248Liabilities 2016: $1,639,536Net Assets 2016: $19,887,7122016Assets 2017: $24,198,646Liabilities 2017: $2,241,158Net Assets 2017: $21,957,4882017Assets 2018: $22,578,825Liabilities 2018: $2,559,676Net Assets 2018: $20,019,1492018Assets 2019: $27,322,547Liabilities 2019: $3,079,285Net Assets 2019: $24,243,2622019Assets 2020: $30,160,576Liabilities 2020: $3,146,486Net Assets 2020: $27,014,0902020Assets 2021: $33,893,150Liabilities 2021: $2,394,425Net Assets 2021: $31,498,7252021Assets 2022: $29,344,018Liabilities 2022: $3,506,639Net Assets 2022: $25,837,3792022Assets 2023: $30,249,773Liabilities 2023: $3,630,822Net Assets 2023: $26,618,9512023Assets 2024: $31,116,051Liabilities 2024: $4,138,245Net Assets 2024: $26,977,8062024

Highlighted filing

2024

Assets$31,116,051
Liabilities$4,138,245
Net Assets$26,977,806

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $5,010,2982010Expenses 2011: $4,798,6802011Revenue 2012: $4,850,253Expenses 2012: $4,108,004Net Income 2012: $742,2492012Revenue 2013: $6,202,438Expenses 2013: $4,492,132Net Income 2013: $1,710,3062013Revenue 2014: $5,686,289Expenses 2014: $4,321,237Net Income 2014: $1,365,0522014Revenue 2015: $4,952,542Expenses 2015: $4,434,113Net Income 2015: $518,4292015Revenue 2016: $4,908,060Expenses 2016: $4,967,610Net Income 2016: -$59,5502016Revenue 2017: $5,233,510Expenses 2017: $5,115,743Net Income 2017: $117,7672017Revenue 2018: $5,505,934Expenses 2018: $5,134,580Net Income 2018: $371,3542018Revenue 2019: $5,562,695Expenses 2019: $5,083,355Net Income 2019: $479,3402019Revenue 2020: $4,904,674Expenses 2020: $4,608,155Net Income 2020: $296,5192020Revenue 2021: $7,613,751Expenses 2021: $4,699,167Net Income 2021: $2,914,5842021Revenue 2022: $4,463,274Expenses 2022: $5,114,519Net Income 2022: -$651,2452022Revenue 2023: $5,712,373Expenses 2023: $7,144,205Net Income 2023: -$1,431,8322023Revenue 2024: $6,734,604Expenses 2024: $7,360,722Net Income 2024: -$626,1182024

Highlighted filing

2024

Revenue$6,734,604
Expenses$7,360,722
Net Income-$626,118

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$4.14$27.0$6.73$7.36$0.63
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.2$3.63$26.6$5.71$7.14$1.43
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.3$3.51$25.8$4.46$5.11$0.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.9$2.39$31.5$7.61$4.70$2.91
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.2$3.15$27.0$4.90$4.61$0.30
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.3$3.08$24.2$5.56$5.08$0.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.6$2.56$20.0$5.51$5.13$0.37
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$2.24$22.0$5.23$5.12$0.12
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.5$1.64$19.9$4.91$4.97$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.3$1.82$19.5$4.95$4.43$0.52
2014Detailed filing. Detailed filing data is available for this year.$21.6$1.77$19.9$5.69$4.32$1.37
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.1$1.62$18.5$6.20$4.49$1.71
2012Summary only. Only limited summary data is available for this year.$17.0$1.95$15.1$4.85$4.11$0.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$1.91$13.5$4.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$1.81$13.5$5.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$14,937,215
Mission and Program Overview

Mission

The american society for pharmacology and experimental therapeutics (aspet) is a 5,000 member scientific society whose members conduct basic and clinical pharmacological research and work for academia, government, large pharmaceutical companies, small biotech companies, and non-profit organizations.

The american society for pharmacology and experimental therapeutics (aspet) is a 4,000 member scientific society whose members conduct basic and clinical pharmacological research and work for academia, government, large pharmaceutical companies, small biotech companies, and non-profit organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$27,673,092$29,537,653▲ $1,864,561
Cash and Non-Interest-Bearing Accounts$1,061,544$265,969▼ $795,575
Prepaid Expenses and Deferred Charges$196,772$254,600▲ $57,828
Land, Buildings, and Equipment, Net$249,034$200,042▼ $48,992
Accounts Receivable$83,508$76,736▼ $6,772
Savings and Temporary Cash Investments$52,953$10,817▼ $42,136
Total Assets$30,249,773$31,116,051▲ $866,278
Other Assets Total$932,870$770,234▼ $162,636
Liabilities
Deferred Revenue$1,684,716$2,346,993▲ $662,277
Other Liabilities$1,342,880$1,119,074▼ $223,806
Accounts Payable and Accrued Expenses$546,225$397,438▼ $148,787
Grants Payable-$265,000-
Escrow Account Liability$57,001$9,740▼ $47,261
Total Liabilities$3,630,822$4,138,245▲ $507,423
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,488,897$24,981,442▲ $492,545
Net Assets With Donor Restrictions$2,130,054$1,996,364▼ $133,690
Total Net Assets Fund Balance$26,618,951$26,977,806▲ $358,855
Total Liabilities and Net Assets / Fund Balance$30,249,773$31,116,051▲ $866,278

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$200,042$667,783$867,825

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,413,821$950▲ $189,014-$1,458,115
2023$1,353,759$1,265▲ $170,884-$1,413,821
2022$1,633,028-▼ $204,363-$1,353,759
2021$1,573,400-▲ $235,683-$1,633,028
2020$1,576,460-▲ $173,242-$1,573,400
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David JacksonExecutive OfficerFT$284,895$53,177$338,072
Robert StanleyChief Financial OfficerFT$209,603$56,289$265,892
Catherine FryEducation DirectorFT$160,383$44,884$205,267
Maria PashoJournal DirectorFT$162,240$41,282$203,522
Melissa HustonMeetings DirectorFT$155,435$47,325$202,760
Lynne HarrisMarketing DirectorFT$167,331$16,041$183,372
Carter AllemanGovt Affairs & Science Pol DirectorFT$157,358$6,942$164,300
Xinxin DingSec/treas, Then Past Sec/treasPT$25,525-$25,525
Nina IsoherranenCouncilorPT$800-$800

Board Members and Trustees

NameTitle
Randy HallCouncilor, Then President Elect
Michael L JarvisPast President (until 06/30/2024)
Namandje BumpusPresident
Carol BeckPresident Elect
Amy ArnoldCouncilor (as of 06/30/2024)
John TraynorCouncilor, Then Sec/treas Elect
Kenneth TewCouncilor, Then Sec/treas Elect
Kathryn CunninghamPast Sec/treas (until 06/30/2024)
Pam HornbySec/treas Elect, Then Sec/treas

Highest Paid Contractors

ContractorServicesLocationCompensation
FasebBenefits & Hr Services6120 EXECUTIVE BLVD STE 230, Rockville, MD 20852$892,294
Hyatt Regency Crystal CityAspet 2024 Meeting Venue2799 RICHMOND HIGHWAY, Arlington, VA 22202$677,418
Knowledgeworks Global LtdServices For Journal ProductionPO BOX 74007142, Chicago, IL 60674$394,421
Mps North AmericaOnline Peer Review & Journals5728 MAJOR BLVD STE 528, Orlando, FL 32819$357,127
Spectrum Financial ServicesContract/temp LaborPO BOX 3526, Reston, VA 20195$161,908
Revenue and Support

Revenue Composition

Contributions and Grants
$20,474
Program Service Revenue
$4,193,028
Investment Income
$2,477,137
Other Revenue
$43,965
All Other Contributions
$20,474
Change in Net Assets
$-626,118

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,563,562
Revenue Not Reported on Financial Statements
$171,042
Revenue Not Reported on Form 990
$984,973
Total Revenue per Audited Statements
$7,548,535
Total Revenue per Form 990
$6,734,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,695,712
Salaries, Compensation, and Employee Benefits$3,389,010
Grants and Similar Amounts Paid$276,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,700,714$441,996-$2,142,710
Fees for Services Other$1,030,548$231,279-$1,261,827
Conferences and Meetings$848,104$34,219-$882,323
Current Officers, Directors, Trustees, and Key Employees$479,379$124,585-$603,964
Travel$304,256$28,146-$332,402
Grants to Domestic Orgs$276,000--$276,000
Information Technology$169,311$80,765-$250,076
Pension Plan Contributions$186,745$48,533-$235,278
Other Employee Benefits$182,040$47,310-$229,350
Occupancy$33,035$152,954-$185,989
Payroll Taxes$141,051$36,657-$177,708
Fees for Service Investment Mgmnt Fees-$171,042-$171,042
Office Expenses$78,876$33,955-$112,831
Other Expenses$56,811$12,539-$69,350
Insurance$6,915$51,337-$58,252
Advertising$55,681--$55,681
Depreciation Depletion$23,900$28,206-$52,106
Fees for Services Accounting$19,862$20,905-$40,767
Fees for Services Legal$4,603$4,845-$9,448
Interest-$693-$693
Total Functional Expenses$5,797,721$1,563,001$0$7,360,722

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,360,722
Expenses per Audited Statements$7,189,680
Total Expenses per Audited Statements$7,189,680
Expenses Not Reported on Financial Statements$171,042
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lsu Health ShreveportShreveport, CA501(c)(3)Institutional Surf Award$55,200
Pacific UniversityForest Grove, OR501(c)(3)Institutional Surf Award$55,200
University of ArkansasFayetteville, AR501(c)(3)Institutional Surf Award$55,200
UthscsaSan Anotnio, TX501(c)(3)Institutional Surf Award$55,200
Washington State UniversitySpokane, WA501(c)(3)Institutional Surf Award$55,200
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$1,111,551
Finance Lease Liability$7,523
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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

Membership consists of regular members, retired members, affiliate members, postdoctoral, and student members.

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

The board is elected from a slate by all eligible members. Board members are also members of the society and therefore, can vote in the election that elects them.

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

Changes to the by-laws are subject to approval by the membership.

Form 990, Part VI, Section B, Line 10B

While the society does not directly govern the chapter activities, it does provide procedural guidelines to the chapters and has other steps in place to evaluate that the chapters activities are consistent with the society's tax-exempt purposes. Such as, but not limited to: interested chapter groups must submit a petition to the society's executive officer for approval; chapters must submit annual reports to the executive officer; the president of the chapter must also be a regular member of the society.

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

The executive officer reviewed the return and forwarded copies to council members prior to filing.

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

Each member of the council annually fills out the conflict of interest questionnaire. The chair asks the council at the start of each meeting if there are any conflicts. If so, the person in conflict is asked to recuse themselves for the discussion.

Form 990, Part VI, Section B, Line 15

In 2022, the society conducted a process in concert with an outside hr consultant to update job descriptions and use at least two independent compensation studies for similar positions in the washington metropolitan area to arrive at at a competitive salary for each of the society's staff positions. The society then went through a salary adjustment process for starting salaries beginning in 2023.

Form 990, Part VI, Section C, Line 19

The financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
American Society for Pharmacology &
EIN
58-6032060
Phone
3016347065
Address
1801 ROCKVILLE PIKE 210, ROCKVILLE, MD 20852

Signing Officer

Name
David Jackson
Title
Executive Officer
Phone
3016347060
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Jackson
Formed
1933
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
8
Employees
23
Volunteers
100

Preparer

Firm
Councilor Buchanan & Mitchell Pc
Address
7910 WOODMONT AVE STE 500, BETHESDA, MD 20814
Preparer
Joseph J Barreca
Phone
3019860600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Publications and commissions and consulting: program service expenses 836,223. Management and general expenses 26,739. Fundraising expenses 0. Total expenses 862,962. Contracted services: program service expenses 194,325. Management and general expenses 204,540. Fundraising expenses 0. Total expenses 398,865.

FORM 990, PART XII, LINE 2C:

The oversight process has not changed from the prior year. The finance committee reviews and approves the draft audit report.

Financial Statement Notes

PART IV, LINE 2B:

The society acts in a custodial capacity for iuphar section on drug metabolism (the section) and amspc. The society receives funds and pays approved expenses on behalf of the section and amspc.

PART V, LINE 4:

Organization's endowment funds are broken into temporarily and permanently restricted net assets. Temporarily restricted funds are to be used for organizational use. Permanently restricted funds are intended to remain and generate income for uses specified by the donor, principally for fellowships.

PART X, LINE 2:

The society is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the society may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the society and various positions related to the potential sources of unrelated business taxable income (ubti). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended december 31, 2024 and 2023. The society's policy would be to recognize interest and penalties, if any, on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. No interest and penalties were assessed or recorded during calendar years ended december 31, 2024 and 2023. The society's forms 990, return of organization exempt from income tax, are subject to examination by the internal revenue service, generally for three years after they were filed.

Raw XML AppendixShowing 400 of 879 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/ActivityOrMissionDesc0THE AMERICAN SOCIETY FOR PHARMACOLOGY AND EXPERIMENTAL THERAPEUTICS (ASPET) IS A 4,000 MEMBER SCIENTIFIC SOCIETY WHOSE MEMBERS CONDUCT BASIC AND CLINICAL PHARMACOLOGICAL RESEARCH AND WORK FOR ACADEMIA, GOVERNMENT, LARGE PHARMACEUTICAL COMPANIES, SMALL BIOTECH COMPANIES, AND NON-PROFIT ORGANIZATIONS.
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IRS990/Desc0PUBLICATIONS - THE SOCIETY PUBLISHES SCIENTIFIC AND EDUCATIONAL JOURNALS AND OTHER PUBLICATIONS FOR THE SCIENTIFIC COMMUNITY INCLUDING THE FOLLOWING:JOURNAL OF PHARMACOLOGY AND EXPERIMENTAL THERAPEUTICS - MONTHLY RESEARCH PUBLICATION COVERING TOPICS INCLUDING THE INTERACTIONS OF CHEMICALS WITH BIOLOGICAL SYSTEMS, INCLUDING AUTONOMIC, BEHAVIORAL, CARDIOVASCULAR, CELLULAR, CLINICAL, DEVELOPMENTAL, GASTROINTESTINAL, IMMUNO-, NEURO-, PULMONARY AND RENAL PHARMACOLOGY, AS WELL AS ANALGESICS, DRUG ABUSE, METABOLISM AND DISPOSITION, CHEMOTHERAPY, AND TOXICOLOGY.PHARMACOLOGICAL REVIEWS - QUARTERLY REVIEW JOURNAL COVERING CONCENTRATIONS IN PHARMACOLOGY, EXPERIMENTAL THERAPEUTICS, TOXICOLOGY, AND CHEMOTHERAPY.MOLECULAR PHARMACOLOGY - MONTHLY PUBLICATION WITH AN EMPHASIS ON RESEARCH OF DRUG ACTION AND SELECTIVE TOXICITY AT THE MOLECULAR LEVEL. ORIGINAL APPLICATIONS OF BIOCHEMISTRY, BIOPHYSICS, GENETICS AND MOLECULAR BIOLOGY ARE COMBINED WITH PHARMACOLOGIC RESEARCH TO SOLVE BASIC PROBLEMS IN PHARMACOLOGY AND TOXICOLOGY.DRUG METABOLISM AND DISPOSITION - MONTHLY PUBLICATION COVERING THE FIELDS OF PHARMACOKINETICS, PHARMACODYNAMICS AND MECHANISMS, GENETIC NUTRITIONAL OR HORMONAL FACTORS AFFECTING THE BIOLOGICAL FATE OF CHEMICALS, AND THE TOXICOLOGICAL CONSEQUENCES OF XENOBIOTIC METABOLISM.THE PHARMACOLOGIST - MONTHLY PUBLICATION WITH THE PURPOSE OF INFORMING PHARMACOLOGISTS ABOUT SOCIETY AFFAIRS AND OTHER MATTERS OF PROFESSIONAL INTEREST. DISTRIBUTED ELECTRONICALLY TO ASPET MEMBERS AND MAILED TO NONMEMBER SUBSCRIBERS AS WELL AS MEMBERS WHO PAY FOR A PRINT SUBSCRIPTION.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0SEC/TREAS, THEN PAST SEC/TREAS
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IRS990/MissionDesc0THE AMERICAN SOCIETY FOR PHARMACOLOGY AND EXPERIMENTAL THERAPEUTICS (ASPET) IS A 4,000 MEMBER SCIENTIFIC SOCIETY WHOSE MEMBERS CONDUCT BASIC AND CLINICAL PHARMACOLOGICAL RESEARCH AND WORK FOR ACADEMIA, GOVERNMENT, LARGE PHARMACEUTICAL COMPANIES, SMALL BIOTECH COMPANIES, AND NON-PROFIT ORGANIZATIONS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0MEETINGS - THE SOCIETY HOSTS AN ANNUAL MEETING EACH YEAR IN A DIFFERENT PART OF THE US PROVIDING A FORUM FOR SCIENTISTS TO COMMUNICATE AND EXCHANGE PHARMACOLOGICAL KNOWLEDGE THROUGH SCIENTIFIC SESSIONS. SMALLER FOCUSED MEETINGS ARE HELD ON AN OCCASIONAL BASIS AS THE NEED ARISES.

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