1. Report from the Society Committee on Budget and Finance
Denver, CO
March 25, 2015
American Chemical Society

2. 2014 Financial Highlights Net from Operations – $17.9M
$4.2M favorable
Total Revenues – $499.0M
$0.7M or 0.1% favorable
Total Expenses – $481.1M
$3.5M or 0.7% favorable
Unrestricted Net Assets – $144.7M
Decrease from $207.0M at Dec. 31, 2013
Note: Excludes the ACS Petroleum Research Fund and the Member Insurance Program.
American Chemical Society

3. Net from Operations 2014 Actuals ($ in Millions)
Information Services
Investments
Net Dues Revenue
All Other
Office of Public Affairs
Web Strategy & Operations
Education
Membership & Scientific Advancement
Net From Operations
Note: Information Services includes CAS and ACS Publications. All Other includes Unallocated Indirect Costs, Development, Grants and Awards, Governance, HDS, and ACS International Ltd. Net from Operations excludes the ACS Petroleum Research Fund and the Member Insurance Program.
American Chemical Society

4. Unrestricted Net Assets 2010 – 2014 Actuals
($ in Millions)
Net from Operations $ 17.9M
Investment Gains M
PRBP Acct. Charge (93.7M)
Total Decrease ($62.3M)
Note: Excludes the ACS Petroleum Research Fund and the Member Insurance Program. PRBP = Postretirement Benefit Plans.
American Chemical Society

5. At
The Society’s 2014 audited financial statements were posted on the ACS public website on March 10. If you are interested in reviewing them, just go to the home page at and click on “About Us” in the bottom right hand of the main site
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Step #1 5 5

6. At
Step #2
Once at the “About Us” page, then click on “ACS Financial Information”. For comparison purposes, we have 5 years of statements available on the site.
Also available on this site are the Frequently Asked Questions associated with the finances of the Society.
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7. 2016 Fully Escalated Dues Calculation
2015 Dues Rate x CPI
$ x
= $161.94
$162.00
American Chemical Society

8. Dues Comparison with Other Scientific Societies - 2015
This slide compares the 2015 dues rate for several other scientific societies.
With a dues rate of $158.00, the American Chemical Society is just about in the middle of this peer group of the Scientific Societies in this sampling, and would remain there even with the $4.00 dues increase for 2016.
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American Chemical Society

9. 2016 Fully Escalated Dues Calculation
2015 Dues Rate x CPI
$ x
= $161.94
$162.00
The Society Committee on Budget and Finance recommends to Council that the 2016 dues be set at the fully escalated rate of $162.
American Chemical Society

10. Report from the Society Committee on Budget and Finance
Denver, CO
March 25, 2015
American Chemical Society