Overview
What is Audio Engineering Society Inc?
Audio Engineering Society Inc, located in New York City, New York, is a nonprofit organization dedicated to disseminating technical and scientific information in the field of audio engineering. They achieve this by publishing a journal with an average circulation of 11,000 monthly issues, distributing various publications, and offering membership services to approximately 11,000 members worldwide. Their activities also include the distribution of books and other materials, ultimately contributing to the advancement of knowledge in audio engineering. The organization, with a workforce of four individuals, plays a significant role in the audio engineering community by sharing valuable information and resources.
Official website here: www.aes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Audio Engineering Society Inc received a two-star rating from Charity Navigator, indicating a need for improvement despite an overall score of 73%. The organization demonstrates strong governance with a fully independent board and effective financial oversight. However, there are notable weaknesses, particularly in transparency, with missing policies related to whistleblower protections and document retention, as well as a lack of posted financial documents on their website.
While the financial health of the society appears stable, with a program expense ratio of 75.15%, the organization’s liabilities to assets ratio of 71.48% raises concerns about financial sustainability. The absence of key governance documents and policies suggests areas where the society could enhance its accountability and transparency to stakeholders.
Overall, the Audio Engineering Society Inc has strengths in its independent oversight and program spending but must address its governance practices and financial transparency to improve its standing and trust among donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Audio Engineering Society Inc legitimate?
Audio Engineering Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Audio Engineering Society Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $78,382
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,377
For more financial information, click here
Official website here: www.aes.org
What is the mission statement of Audio Engineering Society Inc?
The Audio Engineering Society Inc's primary mission is centered around the dissemination of technical and scientific information pertaining to audio engineering. They achieve this objective through various means, including the publication of a renowned journal with an average circulation of 11,000 per month. Additionally, they distribute books, other publications, and provide membership services to approximately 11,000 members worldwide. Their activities extend beyond these, reaching out to sections worldwide to promote audio engineering knowledge.
Official website here: www.aes.org
Who is the CEO of Audio Engineering Society Inc?
Jonathan Wyner is the President of Audio Engineering Society Inc.
Official website here: www.aes.org
What is the revenue of Audio Engineering Society Inc?
Audio Engineering Society Inc's revenue in 2022 was $2,545,967.
Official website here: www.aes.org
Who are the executives of Audio Engineering Society Inc and what are their salaries?
The average compensation at Audio Engineering Society Inc during 2022 was $108,190. There are 4 employees and 1250 volunteers at Audio Engineering Society Inc.
Here are 11 key members and their salaries:
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- Compensation: $34,812
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- Other: $6,228
- Compensation: $153,048
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- Other: $14,769
- Compensation: $139,358
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- Other: $24,436
Official website here: www.aes.org
Where can I find the form 990 for Audio Engineering Society Inc?
Audio Engineering Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aes.org
Learn more at the official website: www.aes.org
Mission Statement of Audio Engineering Society Inc
The Audio Engineering Society Inc, as a notable organization, is dedicated to the dissemination of technical and scientific information pertaining to audio engineering. Their primary mission is to spread this knowledge widely, achieving this goal through various means. The society covers its expenses, including sales costs, primarily to disseminate such information. They accomplish this through the publication of a widely read journal, which caters to an average circulation of 11,000 readers each month. Beyond the journal, they also distribute books and other publications, as well as providing membership services to approximately 11,000 members globally and supporting various sections worldwide. In essence, the Audio Engineering Society Inc is committed to sharing valuable technical and scientific information about audio engineering, ensuring that its reach extends to many professionals and enthusiasts in the field.
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Impact
October, 2024
The Audio Engineering Society Inc significantly influences the field of audio engineering through its commitment to disseminating technical and scientific information. By publishing a journal that circulates to an average of 11,000 readers each month, the society plays a crucial role in advancing knowledge and facilitating the exchange of ideas among audio professionals.
In addition to journal publications, the society supports a wide range of educational resources, including books and other publications, enhancing the depth of accessible information for its approximately 11,000 members. This extensive reach fosters a collaborative community, promoting best practices and innovative techniques within the audio engineering sector. Through these efforts, the Audio Engineering Society Inc not only contributes to the professional development of its members but also helps raise industry standards, ensuring continued growth and improvement in audio technology and practices worldwide.
This information is meant to be a general summary of Audio Engineering Society Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $2,519,932
- Gross Receipts: $2,545,967
Assets and Liabilities:
- Total Assets: $1,919,671
- Total Liabilities: $1,387,418
- Net Assets: $532,253
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTIONS & CONFEREN
Revenue
$1,295,087
MEMBERSHIP DUES
Revenue
$821,910
AES JOURNAL
Revenue
$402,935
Organization Details
Founding Year
1958
Phone
(212) 661-8528Principal Officer
Jonathan Wyner
Main Address
697 3RD AVENUE 405, NEW YORK, NY, 10017
Website
www.aes.orgNTEE Category
Code: S400 - Community improvement
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