THE AMERICAN ASSEMBLY

EIN: 136160846 501(c)(3)

NEW YORK, NY

Total Revenue
$3,217,603
Total Expenses
$1,231,705
Total Assets
$27,391,919
Net Assets
$27,359,042
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
NY
Principal Officer
PETER S BEARMAN
Phone
2128703500
Tax Period
2019-07-01 to 2020-06-30

THE AMERICAN ASSEMBLY, founded in 1950, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2019. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.0M, a strong 62% operating margin.

Mission

A NATIONAL NON PARTISAN PUBLIC POLICY FORUM TO ILLUMINATE ISSUES OF PUBLIC POLICY.

Program Service Accomplishments

Program 1
Expenses: $776,631 Revenue: $0

The Open Syllabus Project: The Open Syllabus Project (OSP) provides the first "big data" look at the primary activity of higher education: teaching. It collects and analyzes millions of university...

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The Open Syllabus Project: The Open Syllabus Project (OSP) provides the first "big data" look at the primary activity of higher education: teaching. It collects and analyzes millions of university syllabi to generate novel academic and public applications of the expertise embedded in these teaching choices. This data has a wide range of uses in scholarly metrics, educational research, and the sociology of knowledge. It supports the work of teachers, publishers, and librarians, and opens up new ways of connecting academic expertise to wider publics at a time when those connections are being attacked. The OSP also helps answer vital questions about how universities prepare students to develop as thoughtful citizens. The project is supported by the Sloan Foundation, Hewlett Foundation, Arcadia Fund, Templeton Foundation, and Digital Science. The program reached a major milestone recently with the completion of the core dataset, which now contains over 6 million syllabi and the launch of the online Open Syllabus explorer. The project now identifies the gender of assigned authors. This will allow us to deploy tools for mapping the comparative frequency with which women authors are assigned across fields, schools, and departments over time. We expect a high public profile for this feature in particular. We also expect, by the end of the summer 2018, to have OSP network graph representations of fields and departments (similar to our large online network graph) available to students, departments, and libraries. In November 2019, the OSP became an independent nonprofit after five years of incubation from The American Assembly. Summer Institute in Oral History The 2019-2020 Summer Institute in Oral History program focused on the challenges we face in documenting the political present when secrecy and distortions of truth threaten the most vulnerable in open societies. What role do public memory and the search for meaning play in rescuing and preserving the stories that we most need to hear? Specifically, we explored what journalists, oral historians, advocates, and scholars of the present can learn from each other, as we sharpen our skills and awareness of how to document the stories that we most need to record and disseminate. The overarching goals are to explore the role of oral history in opening up multiple accounts of truth, and to search for meaning that otherwise may remain marginal moving them to the center of our political discourse. We be Imagining We Be Imagining is a multimodal series of digital programming centered around the We Be Imagining Podcast, Black Siren Radio and our WBI Incubator. Our goal is to infuse academic discourse with the performance arts in order to foster critical conversations around race, gender, class, and disability. This summers institute is co-sponsored by the Columbia Journalism School and The American Assembly.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $688,821
Investment Income $2,528,782
Other Revenue $0
TOTAL REVENUE $3,217,603

Expense Breakdown

Grants Paid $0
Salaries & Benefits $943,457
Fundraising Expenses $100,792
Program Expenses $776,631
Other Expenses $288,248
TOTAL EXPENSES $1,231,705

Year-over-Year Comparison

2019 2018 Change
Revenue $3,217,603 $2,795,301 +0.2%
Expenses $1,231,705 $2,937,489 -0.6%
Net Income $1,985,898 $-142,188 -15.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,219,865
Total Directors
9
$791,904
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG CALHOUN CHAIRMAN 3.00
Officer Director
$0 $0 $0
HENRY CISNEROS SECRETARY 3.00
Officer Director
$0 $0 $0
LEE C BOLLINGER TRUSTEE - EX OFFICIO 3.00
Director
$0 $0 $0
NANCY CANTOR TRUSTEE 3.00
Director
$0 $0 $0
ALONDRA NELSON TRUSTEE 3.00
Director
$0 $0 $0
HARRIET ZUCKERMAN TRUSTEE 3.00
Director
$0 $0 $0
SHAILAGH MURRAY TRUSTEE 3.00
Director
$0 $0 $0
PETER BEARMAN PRESIDENT & TRUSTEE 60.00
Officer Director
$218,541 $20,017 $238,558
DAVID H MORTIMER FORMER PRESIDENT & TRUSTEE 60.00
Officer Director
$514,268 $39,078 $553,346
JOSEPH J KARAGANIS FORMER VICE PRESIDENT 60.00
Officer
$226,852 $89,894 $316,746
KARLA GARCIA CFO 60.00
Officer
$89,501 $21,714 $111,215
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $3,217,603 $1,231,705 $27,391,919 $1,985,898
2019 $2,795,301 $2,937,489 $26,683,677 $-142,188
2018 $2,787,429 $2,269,746 $26,891,520 $517,683
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