ACS Joint Board-Council Committee on Publications
Financial Matters
- ACS Annual Reports
- ACS Board of Directors News
- ACS Budget and Finance Committee
- ACS Bulletin 5
- ACS Governing Board for Publishing
- ACS Strategic Plan
“The American Chemical Society (the Society) was founded in 1876. It is a U.S. not-for-profit corporation whose national charter was approved by the U.S. Congress on August 25, 1937. The Society’s consolidated financial statements also include the operations of two wholly owned for-profit subsidiaries, an endowment fund, and an insurance trust. The Society was organized for the purposes of encouraging the advancement of chemistry; promoting research in chemical science and industry; increasing and diffusing chemical knowledge; and promoting scientific interests and inquiry through its meetings, reports, papers, and publications. The Society has more than 160,000 members.
The Society, which is generally exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, accomplishes its exempt purpose through a number of programs. These programs include membership and educational activities such as continuing education programs; national and regional meetings, which provide forums for sharing scientific information; and support for the Society’s membership in areas such as employment services and public outreach. In addition, the Society provides expert testimony at the federal, state, and local government levels on topics relevant to the chemical community. The Society also provides a significant service to its members and the chemical community in the form of scientific journals and databases pertaining to chemical and related scientific information that are available in electronic and hard copy formats.
The principal sources of funding for the Society’s activities include revenues generated by the Publications Division and the Chemical Abstracts Service Division (CAS). The Publications Division publishes a wide range of scientific journals, periodicals, and books. CAS analyzes, abstracts, and indexes the world’s chemistry-related research literature from more than 9,500 journals plus chemistry-related patents from more than 50 national and international patent offices. CAS provides access to the resulting, fully-integrated patent and chemical literature and substance databases through electronic search services, CD-ROM, printed reference materials, and individual search assistance. Other sources of the Society’s revenues include member dues, insurance premiums, registration fees, investment income, and contributions from individuals and institutions to support Society programs. Products and services are sold domestically and in overseas markets, principally to Europe and Japan. The Society’s diverse clientele is composed of its members, chemical and other industrial corporations, academic institutions, and government agencies.”
Source: American Chemical Society © 2006 Audited Financial Report, p. 4, section 1 [PDF]
ACS Annual Reports
ACS Board News
- ACS News: Official Reports from the ACS Board
Chemical and Engineering News
January 29, 2007 Volume 85, Number 05, pp. 43, 54 - ACS Board News: Directors approve 2007 budget, elect new chair, and confirm education director
Chemical and Engineering News
December 11, 2006 Volume 84, Number 50, p. 13
