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American Society for Biochemistry and Molecular Biology

Rockville, MD · EIN 52-6050165 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

American Society for Biochemistry and Molecular Biology reported $13.9 million in revenue and $12.2 million in expenses for calendar year 2024. Of every $100 it spent, $75.28 went to program services, $24.72 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 52.4% of the total. The highest compensation it reported for one person was $435,784 (Chief Executive Offier (From 04/24)). 17 people received more than $100,000 in reportable compensation. Revenue fell 22% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 192 covered science & technology charities: $84.33 programs, $15.67 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $14M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 192 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
75.3%83.2%
Management & general
Part IX 25(C) ÷ 25(A)
24.7%15.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
4.5%51.6%
Government grants share of revenue
Part VIII 1e ÷ 12
3.8%3.2%
Program service revenue share
Part VIII 2g ÷ 12
42.7%19.2%
Highest reported compensation
Part VII-A, columns D–F
$435,784$513,729
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.56%1.72%
People paid over $100,000
Part VII, line 2
1727
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
111.614.7
Independent voting board members
Part VI 1a–1b
13 of 1394.3%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$3.7M expenses · 40.0% of program spending · grants $31,000 · revenue $4.1M

ASBMB publishes several open-access scholarly journals, which are freely available to the scientific community that includes scientists, students and scholarly institutions. All scientific papers submitted for publication go through an extensive peer review process led by the journal's editorial board

$2.3M expenses · 24.8% of program spending · grants $1,000 · revenue $1.0M

ASBMB holds an annual meeting at which its members and other scientists present scholarly papers and discuss current research and issues in the field of biochemistry and molecular biology. In addition, ASBMB organizes several conferences and webinars to facilitate the exchange of science

$2.1M expenses · 23.3% of program spending · grants $80,033 · revenue $762K

ASBMB supports the professional needs of its membership through its work with committees, as well as education and professional development activities, communications to inform and engage members through a quarterly magazine, and other programming to meet the needs of its membership

$1.1M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Chief Executive Offier (From 04/24)
Officer, 50.00 hrs/week
$409,909$0$25,875$435,784
Sr. Dir of Marketing & Communication
Highest compensated employee, 37.50 hrs/week
$242,485$0$15,605$258,090
Executive Director (Ending 03/24)
Officer, 37.50 hrs/week
$224,311$0$13,599$237,910
Director of Publiations
Highest compensated employee, 37.50 hrs/week
$200,844$0$32,060$232,904
Director of Public Affairs
Highest compensated employee, 37.50 hrs/week
$181,893$0$42,804$224,697
Senior Director of Finance and Administration
Highest compensated employee, 37.50 hrs/week
$191,250$0$31,104$222,354
Director of IT
Highest compensated employee, 37.50 hrs/week
$189,077$0$28,987$218,064
Secretary
Director/trustee, officer, 3.00 hrs/week
$27,000$0$0$27,000

17 people received more than $100,000 in reportable compensation from American Society for Biochemistry and Molecular Biology (Part VII, line 2). Compensation of current officers, directors and key employees totaled $758K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$14M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$14M$12M75.3%$114M$435,784
2023 ⓘ$10M$12M65.3%$108M$417,884
2022 ⓘ$12M$11M66.5%$101M$395,073
2021 ⓘ$18M$9.2M63.6%$122M$368,055
2020 ⓘ$18M$13M74.7%$112M$414,440
2019 ⓘ$18M$15M78.9%$98M$386,012

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aNo
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 543
  • Volunteers Part I, line 61,000

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
AVFX
Meeting Services
$296,460
Alex Toker
Editor
$120,000

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to American Society for Biochemistry and Molecular Biology totaling $15,035 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from American Society for Biochemistry and Molecular Biology's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for American Society for Biochemistry and Molecular Biology, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All science & technology charities · Largest charities in Maryland

Questions people ask

How much of American Society for Biochemistry and Molecular Biology's spending goes to programs?

In calendar year 2024, American Society for Biochemistry and Molecular Biology reported that 75.3% of its $12.2 million in expenses went to program services, 24.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does American Society for Biochemistry and Molecular Biology pay its top executive?

The largest total compensation American Society for Biochemistry and Molecular Biology reported for one person in calendar year 2024 was $435,784, for the role of Chief Executive Offier (From 04/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does American Society for Biochemistry and Molecular Biology get its money?

Of $13.9 million in revenue in calendar year 2024, 4.5% came from contributions and grants (including 3.8% from government grants) and 42.7% from program service revenue (Form 990, Part VIII).

Is American Society for Biochemistry and Molecular Biology a registered charity?

The IRS lists EIN 52-6050165 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503109349303700 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423139349303207 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343049349301014 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233119349301948 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202132309349300618 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202022589349301467 · read the filing

All filings for EIN 52-6050165: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.