SOCIETY FOR THE HISTORY OF TECHNOL… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1958

Legal Domicile

Principal Officer

Amy Bix

Phone

6602345643

Tax Period

2023-01-01 to 2023-12-31

SOCIETY FOR THE HISTORY OF TECHNOLOGY, founded in 1958, is a small nonprofit that reported $482K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $534K exceeded revenue, resulting in a 11% operating deficit.

Mission

The Society for the History of Technology is dedicated to the historical study of technology and its relations with politics, economics, labor, business, the environment, public policy, science, and the arts.

Program Service Accomplishments

Program 1

Expenses: $303,121 Revenue: $127,779

Published four issues of our academic journal (regular since the 1950s), containing the latest peer-reviewed excellent scholarship in our field, plus book reviews, essays, and visual material.

Program 2

Expenses: $161,520 Revenue: $114,429

Held second in-person annual meeting since the COVID pandemic, organizing and running almost four days of meetings in Los Angeles, where members presented research papers and discussed teaching...

Held second in-person annual meeting since the COVID pandemic, organizing and running almost four days of meetings in Los Angeles, where members presented research papers and discussed teaching, where publishers displayed recent publications in our field and met potential authors, where students and new scholars met with senior scholars and got feedback on their work.

Program 3

Expenses: $45,633 Revenue: $0

Selected winners of SHOT's fourteen regular awards and fellowships for excellence in research; awarded several dozen travel grants to US and international scholars to support their presenting...

Selected winners of SHOT's fourteen regular awards and fellowships for excellence in research; awarded several dozen travel grants to US and international scholars to support their presenting research at our conference; hosted other programs to encourage and recognize good work in our discipline

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $62,317

Program Service Revenue $242,208

Investment Income $177,036

Other Revenue $34

TOTAL REVENUE $481,595

Expense Breakdown

Grants Paid $35,049

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $510,274

Other Expenses $499,056

TOTAL EXPENSES $534,105

Year-over-Year Comparison

	2023	2022	Change
Revenue	$481,595	$362,705	+0.3%
Expenses	$534,105	$391,534	+0.4%
Net Income	$-52,510	$-28,829	+0.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gabrielle Hecht	President	1	Officer Director	$0	$0	$0
Deborah Douglas	Vice-President	2	Officer Director	$0	$0	$0
Jan Korsten	Secretary	5	Officer Director	$0	$0	$0
Amy Bix	Treasurer	3	Officer Director	$0	$0	$0
Ruth Oldenziel	Editor, Society Journal	3	Director	$0	$0	$0
Eric Hintz	Executive Council Member	2	Director	$0	$0	$0
Nathaniel Stanton	Executive Council Member	2	Director	$0	$0	$0
Hyungsub Choi	Executive Council Member	2	Director	$0	$0	$0
Angel Callahan	Executive Council Member	2	Director	$0	$0	$0
Teasel Muir-Harmony	Executive Council Member	2	Director	$0	$0	$0
Tiago Saraiva	Executive Council Member	2	Director	$0	$0	$0
Ashley Shew	Executive Council Member	2	Director	$0	$0	$0
Sonia Schmid	Executive Council Member	2	Director	$0	$0	$0
Matt Wisnioski	Executive Council Member	2	Director	$0	$0	$0
Ksenia Tatarchenko	Executive Council Member	2	Director	$0	$0	$0
Arwen Mohun	Executive Council Member	2	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
2024	No data	No data	No data	No data
2023	$481,595	$534,105	$4,231,871	$-52,510
2022	$362,705	$391,534	$3,784,615	$-28,829
2021	$490,844	$289,039	$4,601,506	$201,805
2020	$282,121	$333,596	$3,977,107	$-51,475
2018	$257,470	$275,565	$1,838,427	$-18,095

SOCIETY FOR THE HISTORY OF TECHNOLOGY