AMERICAN MUSICOLOGICAL SOCIETY INC

EIN: 231577392 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$1,850,133
Total Expenses
$1,746,141
Total Assets
$11,339,466
Net Assets
$11,265,887
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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
NY
Principal Officer
SIOVAHN WALKER
Phone
2129926340
Tax Period
2024-07-01 to 2025-06-30

AMERICAN MUSICOLOGICAL SOCIETY INC, founded in 1942, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 6% surplus.

Mission

Founded in 1942, the American Musicological Society (AMS) exists to expand understanding of music and sound through research, teaching, learning, and advocacy.

Program Service Accomplishments

Program 1
Expenses: $1,386,962

Founded in 1942, the American Musicological Society (AMS) exists to expand understanding of music and sound through research, teaching, learning, and advocacy. About 2,700 individuals and 500 library...

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Founded in 1942, the American Musicological Society (AMS) exists to expand understanding of music and sound through research, teaching, learning, and advocacy. About 2,700 individuals and 500 library subscribers from over forty nations participate in the Society.The primary program activities of the society are: the publication of its Journal publications grantmaking (support for published musicological research) an annual meeting where music research is presented and discussed fellowships for graduate study in musicology evaluation and presentation of awards for outstanding publications travel and research grants for all aspects of musicology support for public lecture series on musicological topics for a wider publicThe programs are supported and managed by the Board of Directors, the governing body with wide representation (AMS Council), and paid administrative staff. In-kind support for activities is provided through the Society's host institution, New York University. The National Endowment for the Humanities (NEH), the Society for American Music (SAM), and the University of Michigan also support the Society's effort to publish a series of critical editions focused on American music and titled Music of in the United States of America (MUSA). Over three hundred members of the Society serve voluntarily on committees and boards to assist in accomplishing its goals. In the fiscal year ended June 30, 2025, the following programs/publications were new or revised.a.Supplemental Grants for Students - In 2025, the AMS offered additional travel support to current undergraduate and terminal masters degree students interested pursuing careers in music studies to attend the 2025 Annual Meeting. There were a total of 13 grants awarded.b.AMS Institute: Musics of the United States - In 2025, the AMS held a residential summer institute for higher education faculty entitled Musics of the United States: Telling Our Stories. The institute was held between 27 July and 9 August 2025 at the University of Maryland: College Park near Washington, D.C. Over the course of the institute, thirty participants and eight faculty members explored ways of reshaping the narratives and content of college-level instruction about American music.c.Coalition of Music Organizations - In summer 2025, the AMS launched the Coalition of Music Organizations, a voluntary association of small to medium-sized music organizations, publishers, programs, and cultural institutions designed to provide access to small-grant funding, outreach support, and opportunities for cooperation and conversation.d.AMS Career Center - In 2025, the AMS launched the AMS Career Center, a hub for community announcements, calls, jobs, and other resources designed to help you advance your career in music studies, teaching and performance. The Career Center replaces the AMS-Announce Listserv, long the Societys hub for announcements, opportunities and job postings. The Career Center can be found here: https://careers.amsmusicology.org/.e.AMS Community Site - In 2025, the AMS launched the AMS Community Site, a networking and social sharing site for AMS members to use when communicating with each other and organizing as part of the Societys 22 study groups and 15 chapters. The Community Site can be found here: https://community.amsmusicology.org/.f.AMS Website - In early 2025, the AMS launched a new website designed to better support its activities and outreach. The new AMS website is built on an open-source CiviCRM installation that provides robust communications and data management capacity. The site is also more attractive than the old, featuring over 1000 images and videos as well as an improved user interface and data architecture. The new AMS website may be accessed here: https://www.amsmusicology.org/.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $969,749
Program Service Revenue $413,081
Investment Income $467,303
Other Revenue $0
TOTAL REVENUE $1,850,133

Expense Breakdown

Grants Paid $251,089
Salaries & Benefits $653,676
Fundraising Expenses $39,071
Program Expenses $1,386,962
Other Expenses $841,376
TOTAL EXPENSES $1,746,141

Year-over-Year Comparison

2024 2023 Change
Revenue $1,850,133 $1,478,815 +0.3%
Expenses $1,746,141 $1,483,904 +0.2%
Net Income $103,992 $-5,089 -21.4%
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
15
Independent Members
15
Employees
9
Volunteers
300

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
5
$184,429
Total Directors
13
$5,885
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Siovahn A Walker Executive Dir. 40.00
Officer
$154,815 $29,614 $184,429
Louis Epstein Director 2.00
Director
$3,185 $0 $3,185
Emily Wilbourne Director 2.00
Director
$1,000 $0 $1,000
Ryan Baagale Director 2.00
Director
$1,000 $0 $1,000
Serona Elton Director 2.00
Director
$350 $0 $350
Marysol Quevedo Director 2.00
Director
$350 $0 $350
Julie Cumming President 15.00
Officer Director
$0 $0 $0
Bonnie Gordon Vice President 2.00
Officer Director
$0 $0 $0
Gayle Magee Secretary 2.00
Officer Director
$0 $0 $0
Samuel Dorf Treasurer 8.00
Officer Director
$0 $0 $0
Remi Chiu Director 2.00
Director
$0 $0 $0
Emily Dolan Director 2.00
Director
$0 $0 $0
Dwandalyn Reece Director 2.00
Director
$0 $0 $0
Kunio Hara Coun. Secretary 2.00
Director
$0 $0 $0
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
2025 $1,850,133 $1,746,141 $11,339,466 $103,992
2024 $1,478,815 $1,483,904 $10,737,918 $-5,089
2023 $1,454,703 $1,481,279 $9,676,283 $-26,576
2022 $1,406,300 $954,498 $9,117,936 $451,802
2021 $3,294,751 $939,307 $10,384,064 $2,355,444
2020 $1,394,592 $867,832 $8,389,359 $526,760
2019 $1,166,620 $1,034,094 $7,841,594 $132,526
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