2024-09-27T08:13:23-05:00 2023-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 222 SECOND AVE SOUTH STE 1240 NASHVILLE TN 37201 990 2023-01-01 362166945 AMERICAN ECONOMIC ASSOCIATION AMER 6153222595 2014 BROADWAY 305 NASHVILLE TN 37203 PETER L ROUSSEAU SECRETARY/TREASURER 6153222595 2024-09-24 1 0 LAUREN MOSES P02156583 6153836592 2023 2024-10-15 13:58:12Z PETER L ROUSSEAU 2014 BROADWAY 305 NASHVILLE TN 37203 16597405 0 X WWW.AEAWEB.ORG X 1923 DC SEE SCHEDULE O 12 12 91 200 44150 23658 628017 290100 10943006 11268244 1941997 2412271 0 0 13513020 13970615 0 0 0 0 6878160 7252068 0 0 0 5096201 6932198 11974361 14184266 1538659 -213651 48741206 54421119 4985865 5935907 43755341 48485212 X SEE SCHEDULE O 0 0 2810479 1040798 THE AEA HOLDS CONFERENCES AND PROGRAMS THROUGHOUT THE YEAR INCLUDING THE ANNUAL MEETING - WHERE THE AEA IN CONJUNCTION WITH 66 ASSOCIATIONS IN RELATED DISCIPLINES KNOWN AS THE ALLIED SOCIAL SCIENCES ASSOCIATIONS (ASSA), HOLDS A THREE-DAY MEETING EACH JANUARY TO PRESENT PAPERS ON GENERAL ECONOMICS TOPICS. OTHER CONFERENCE/WORKSHOPS HELD INCLUDE THE AEA SUMMER PROGRAM, CONTINUING EDUCATION CONFERENCE, CEMENT WORKSHOPS, EDUCATE, THE CTREE CONFERENCE, CSQIEP MENTORING CONFERENCE AND SUMMER MENTORING PIPELINE CONFERENCE. 753377 4939469 PRODUCTION AND MAINTENANCE OF "ECONLIT" - A DATABASE OF ECONOMIC PAPERS, ARTICLES, ETC FROM TOP ECONOMIC SOURCES WHICH CAN BE USED FOR RESEARCH. 7672775 4028544 PUBLISHING OF "AMERICAN ECONOMIC REVIEW," "JOURNAL OF ECONOMIC LITERATURE," "JOURNAL OF ECONOMIC PERSPECTIVES," "AEJ:ECONOMIC POLICY," "AEJ:APPLIED ECONOMICS," "AEJ:MACROECONOMICS," "AEJ:MICROECONOMICS AND "AER: INSIGHTS." APPROXIMATELY 20,000 MEMBERS AND SUBSCRIBERS SERVED. 409890 COMMITTEES INCLUDES PROGRAM COMMITTEES TO ADDRESS SPECIFIC ISSUES IN THE ECONOMICS FIELD TO SUPPORT THE OPERATIONS OF THE AEA. 201425 1210700 JOE NETWORK - ONE SITE TARGETED TO THE COMPREHENSIVE NEEDS OF PARTICIPANTS IN THE ANNUAL ECONOMIC JOB MARKET CYCLE. COMPANIES AND UNIVERSITIES ADVERTISE JOB OPENINGS. THE NETWORK ALSO AUTOMATES THE REPETITIVE ACTIVITIES OF PARTICIPANTS IN THE ECONOMICS JOB MARKET CYCLE INCLUDING EMPLOYERS, CANDIDATES AND FACULTY LETTER WRITERS. 92558 RCT REGISTRY - A STUDY REGISTRY FOR RANDOMIZED CONTROLLED TRIALS IN ECONOMICS. 504186 WEBSITE CONTENT AND COMMUNICATIONS. 101289 4583 SUPPORT OF OTHER ECONOMIC FIELD ORGANIZATIONS. 1309348 1215283 12545979 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 149 0 1 91 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALLISON BRIDGES 6153222595 2014 BROADWAY STE 305 NASHVILLE TN 37203 SUSAN ATHEY PRESIDENT 2.00 X X 0 0 0 JANET CURRIE PRESIDENT-ELECT 3.00 X X 0 0 0 HILARY HOYNES VICE PRESIDENT 1.00 X X 0 0 0 LINDA TESAR VICE PRESIDENT 1.00 X X 0 0 0 KEVIN LANG EXECUTIVE COMMITTEE 1.00 X 0 0 0 LISA LYNCH EXECUTIVE COMMITTEE 1.00 X 0 0 0 SANDRA BLACK EXECUTIVE COMMITTEE 1.00 X 0 0 0 EMI NAKAMURA EXECUTIVE COMMITTEE 1.00 X 0 0 0 AMANDA BAYER EXECUTIVE COMMITTEE 1.00 X 0 0 0 MELVIN STEPHENS JR EXECUTIVE COMMITTEE 1.00 X 0 0 0 DAVID CARD EX-OFFICIO 1.00 X 0 0 0 CHRISTINA ROMER EX-OFFICIO 1.00 X 0 0 0 DAVID AUTOR BOARD 0.50 X 0 0 0 CAROLINE HOXBY BOARD 0.50 X 0 0 0 MELISSA KEARNEY BOARD 0.50 X 0 0 0 LAUREN GAFFNEY LEGAL COUNSEL 1.00 X 0 0 0 ERZO LUTTMER EDITOR, AER 10.00 X 123155 0 0 AMY FINKELSTEIN EDITOR, AER:I 10.00 X 101122 0 0 DAVID ROMER EDITOR, JEL 10.00 X 101122 0 0 HEIDI WILLIAMS EDITOR, JEP 10.00 X 101122 0 0 BENJAMIN OLKEN EDITOR, AEJ: APPLIED ECONOMICS 8.00 X 91083 0 0 LUCAS DAVIS EDITOR, AEJ: ECONOMIC POLICY 8.00 X 63697 0 0 SIMON GILCHRIST EDITOR, AEJ: MACROECONOMICS 8.00 X 91083 0 0 NAVIN KARTIK EDITOR, AEJ: MICROECONOMICS 8.00 X 91083 0 0 PETER L ROUSSEAU SECRETARY - TREASURER 20.00 X 345952 0 48347 ELIZABETH BRAUNSTEIN DIRECTOR OF PUBLICATION SERVICES 40.00 X 185913 0 31875 TIMOTHY TAYLOR JEP MANAGING EDITOR 40.00 X 223297 0 53046 BARBARA FISER DIR OF FINANCE & ADMIN 40.00 X 184166 0 47699 JENNIFER FARABAUGH WEBSITE MANAGER 40.00 X 110753 0 19730 GWYN LOFTIS CONVENTION MANAGER 40.00 X 115000 0 29785 1928548 0 230482 10 0 1 0 MARTHA STARR 6632 GORDON AVE FALLS CHURCH VA 22046 GOVERNMENT RELATIONS 120543 1 290100 290100 LICENSE FEES 519200 4939469 4939469 MEMB DUES, MEMB PRINT, AND SUBS 900099 3248164 3248164 POSITION LISTINGS 900099 1210700 1210700 ANNUAL MEETING 900099 962038 962038 SUBMISSION FEES 900099 768401 768401 139472 95322 44150 11268244 1302854 1302854 3736207 2626790 1109417 1109417 1109417 13970615 11224094 44150 2412271 1157766 1016667 141099 5430765 4688205 742560 126515 111096 15419 228794 200911 27883 308228 270664 37564 283413 283413 198766 198766 125868 125868 240014 116255 123759 313858 266079 47779 357097 239512 117585 79279 45153 34126 34366 34366 63696 63696 ANNUAL MEETING 1921776 1921776 PRINTING AND PUBLICATIO 1286824 1286824 COMMITTEES 384247 377288 6959 DATA EDITOR 341053 341053 1301941 1220849 81092 14184266 12545979 1638287 0 1540406 1532602 2423307 2388750 319993 765283 1759703 1731361 62708 28342 43677192 48423824 717600 1282318 48741206 54421119 712783 769410 3553178 3881374 719904 1285123 4985865 5935907 X 43560117 48032490 195224 452722 43755341 48485212 48741206 54421119 -213651 4943522 0 X 0 1 X 1 0 X 3200 27400 7300 628017 290100 956017 10497212 10969364 10052750 10898131 11224094 53641551 10500412 10996764 10060050 11526148 11514194 54597568 0 0 0 54597568 1328284 1077252 1275463 1196309 1302854 6180162 38530 31856 22611 22317 24658 139972 1366814 1109108 1298074 1218626 1327512 6320134 11867226 12105872 11358124 12744774 12841706 60917702 0.89630 0.89760 0.10370 0.10240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125868 125868 14058398 14184266 859213 214803 0 0 813940 740294 748718 859213 3162165 4743248 115186 116495 131470 125868 489019 203485 185074 187180 214803 790542 1185813 32696 32696 0 1727007 1698665 28342 28342 OPERATING LEASE LIABILITY 1285123 1285123 X 18914137 4943522 4943522 13970615 0 13970615 14184266 0 14184266 0 14184266 PART X, LINE 2: THE ASSOCIATION FILES ITS FEDERAL INCOME TAX RETURN AS AN EDUCATIONAL ORGANIZATION SUBSTANTIALLY EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON CERTAIN REVENUES, WHICH ARE NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSE. THIS "UNRELATED BUSINESS INCOME" INCLUDES INCOME FROM ADVERTISING. THE ASSOCIATION HAS RECORDED EXPENSES OF $6,550 AND $9,341 IN 2023 AND 2022, RESPECTIVELY, IN FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME WHICH ARE INCLUDED IN MANAGEMENT AND GENERAL EXPENSE ON THE STATEMENTS OF ACTIVITIES. THE ASSOCIATION HAS BEEN DETERMINED TO BE AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION. THE ASSOCIATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH INCOME TAX ACCOUNTING GUIDANCE IN THE INCOME TAXES TOPIC OF FASB ASC. THE GUIDANCE PRESCRIBES A MINIMUM PROBABILITY THRESHOLD THAT A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION THAT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ASSOCIATION DOES NOT BELIEVE THERE WERE ANY UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2023 AND 2022. ADDITIONALLY, THE ASSOCIATION HAS NOT RECOGNIZED ANY SIGNIFICANT TAX RELATED INTEREST AND PENALTIES IN THE ACCOMPANYING FINANCIAL STATEMENTS. NORTH AMERICA 0 1 PUBLICATION SERVICES JOURNAL CO-EDITOR 48537 EUROPE (INCLUDING ICELAND & GREENLAND) 0 2 PUBLICATION SERVICES JOURNAL CO-EDITOR 62245 EAST ASIA AND THE PACIFIC 0 1 PUBLICATION SERVICES JOURNAL CO-EDITOR 17961 0 4 0 0 0 4 128743 0 128743 0 0 0 0 0 0 X 1 1 X 0 0 0 0 0 0 0 0 0 PETER L ROUSSEAU SECRETARY - TREASURER 345952 0 0 0 0 0 30271 0 18076 0 394299 0 0 0 TIMOTHY TAYLOR JEP MANAGING EDITOR 223297 0 0 0 0 0 22330 0 30716 0 276343 0 0 0 BARBARA FISER DIR OF FINANCE & ADMIN 184166 0 0 0 0 0 9208 0 38491 0 231865 0 0 0 ELIZABETH BRAUNSTEIN DIRECTOR OF PUBLICATION SERVICES 185913 0 0 0 0 0 18591 0 13284 0 217788 0 0 0 PART I, LINE 1A A DISCRETIONARY FUND OF $4,000 EACH YEAR IS PROVIDED TO BE USED TOWARD EXPENSES RELATED TO THE MISSION OF THE ORGANIZATION. ANY PORTION OF THE DISCRETIONARY FUND THAT IS NOT USED IS RETAINED BY THE ORGANIZATION. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE AMERICAN ECONOMIC ASSOCIATION IS AN EDUCATIONAL ORGANIZATION WHOSE PURPOSE IS TO ENCOURAGE ECONOMIC RESEARCH, ESPECIALLY THE HISTORICAL AND STATISTICAL STUDY OF THE ACTUAL CONDITIONS OF INDUSTRIAL LIFE, TO ISSUE PUBLICATIONS ON ECONOMIC SUBJECTS AND TO ENCOURAGE FREEDOM OF ECONOMIC DISCUSSION. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE AMERICAN ECONOMIC ASSOCIATION IS AN EDUCATIONAL ORGANIZATION WHOSE PURPOSE IS TO ENCOURAGE ECONOMIC RESEARCH, ESPECIALLY THE HISTORICAL AND STATISTICAL STUDY OF THE ACTUAL CONDITIONS OF INDUSTRIAL LIFE, TO ISSUE PUBLICATIONS ON ECONOMIC SUBJECTS AND TO ENCOURAGE FREEDOM OF ECONOMIC DISCUSSION. FORM 990, PART VI, SECTION A, LINE 2 AMY FINKELSTEIN (AER: INSIGHTS EDITOR) AND BENJAMIN OLKEN (AEJ: APPLIED EDITOR) ARE MARRIED. FORM 990, PART VI, SECTION A, LINE 6 AMONG OTHER BENEFITS, MEMBERSHIP DUES INCLUDE ACCESS TO ONLINE JOURNALS PUBLISHED BY THE AEA AND THE RIGHT TO VOTE IN THE ANNUAL ELECTIONS OF OFFICERS, CHANGES TO ASSOCIATION'S BY-LAWS AND AT THE ANNUAL BUSINESS MEETING. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - EACH YEAR, THE MEMBERS OF THE AEA VOTE VIA E-MAIL OR MAIL-IN BALLOT ON 2 REGULAR MEMBERS, 2 VICE PRESIDENTS AND THE PRESIDENT-ELECT OF THE EXECUTIVE COMMITTEE. THE INDIVIDUALS ON THE BALLOT HAVE BEEN NOMINATED BY THE NOMINATING COMMITTEE. THERE ARE 4 CHOICES FOR EACH OF THE REGULAR MEMBERS AND VICE PRESIDENT CATEGORIES. THERE IS ONE CHOICE FOR PRESIDENT-ELECT. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - CHANGES TO THE BYLAWS OF AMERICAN ECONOMIC ASSOCIATION (AEA) MUST BE APPROVED BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FORM 990 IS SENT TO THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO FILING. THE BUDGET AND FINANCE COMMITTEE ALSO REVIEW THE 990. THE SECRETARY-TREASURER REVIEWS AND SIGNS. THE ACCOUNTING MANAGER PERFORMS A DETAILED REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS DISTRIBUTED ANNUALLY AT THE EXECUTIVE COMMITTEE MEETING FOR COMPLETION AND/OR UPDATING. THE BUDGET AND FINANCE COMMITTEE REVIEW A SUMMARY REPORT OF THE FORMS. FORM 990, PART VI, SECTION B, LINE 15 ECONOMISTS (PRIMARILY EDITORS AND CO-EDITORS) PAY IS REVIEWED ANNUALLY BY THE BUDGET & FINANCE COMMITTEE. THE PITTSBURGH EMPLOYEES' PAY IS REVIEWED BY THE DIRECTOR OF PUBLICATION SERVICES AND RAISES ARE SUBMITTED TO THE SECRETARY-TREASURER WHO HAS FINAL APPROVAL. THE NASHVILLE EMPLOYEES' PAY IS REVIEWED AND APPROVED BY THE SECRETARY-TREASURER AND VANDERBILT HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE VIA THE ORGANIZATION'S WEBSITE AND UPON REQUEST.