AI Transparency Report
The American Numismatic Society (ANS) demonstrates a generally stable financial position, with assets consistently in the range of $43 million to $59 million over the past decade. While revenue has fluctuated significantly, from a low of $3.2 million in 2023 to a high of $9.5 million in 2022, the organization has managed its expenses, which have remained relatively consistent, typically between $4.1 million and $5.3 million annually. The most recent filing for 2023 shows expenses exceeding revenue by approximately $2 million ($5,232,845 in expenses vs. $3,236,168 in revenue), which is a point to monitor, though it follows a period of strong revenue generation in 2021 and 2022. The organization's liabilities have also remained manageable, indicating good financial stewardship.
One notable aspect of ANS's financial health is the absence of reported officer compensation across all available filings. This suggests that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, which can be a positive indicator for donor confidence regarding administrative overhead. The organization's substantial asset base, reaching $59,587,096 in the latest available data, provides a strong foundation for its long-term sustainability and mission fulfillment. However, the recent deficit in 2023 warrants attention to ensure it is an anomaly rather than a trend.
Overall, the American Numismatic Society appears to be a financially sound organization with a strong asset base and a history of managing expenses. The lack of reported officer compensation is a positive transparency signal. Donors should, however, observe future filings to ensure the 2023 revenue shortfall and expense overage do not become a recurring pattern, which could impact long-term financial stability.