Association for Comparative Economic Studies

Not tax-deductible

Pittsburgh, PA501(c)(4)EIN 31-1105807

Research publ scholarship

95¢ of each $1 spent went to programs.
$20K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $67K a year · 39% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$20K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
17 mo
of spending, in cash
Looks good: 16.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$155K
-5% vs prior year
Spent
$222K
To programs
95%
Net assets
$311K
By yearFY2021–FY2025
Revenue
$155K
FY2025▼ -5%
Revenue by fiscal year
FY2021$206K
FY2022$163K
FY2023$174K
FY2024$163K
FY2025$155K
Expenses
$222K
FY2025▼ -13%
Expenses by fiscal year
FY2021$212K
FY2022$269K
FY2023$237K
FY2024$255K
FY2025$222K
Net assets
$311K
FY2025▼ -17%
Net assets by fiscal year
FY2021$637K
FY2022$532K
FY2023$468K
FY2024$376K
FY2025$311K

From the FY2025 Form 990 (year ending October 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1984.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $212K Management & general 5% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

8 people listed on the 990; $20K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Co. of Membe
$16,000Pt VII · Sec A
Secretary
$4,000Pt VII · Sec A
Executive Co
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Executive Co
$0Pt VII · Sec A
Executive Co
$0Pt VII · Sec A
Executive Co
$0Pt VII · Sec A
Executive Co
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023
Brian Deutsch$16,000$16,000$25,380
Ruixue Jia$4,000$6,000$3,000
Filipe Campante—$2,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Association for Comparative Economic Studies executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Association for Comparative Economic Studies is a membership association based in Pittsburgh, PA.

Provided by the organization

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3 program services account for $178K of program spending, described in the organization's own filed words · FY2024.
01

Aces Sponsors and Edits Two Well-Known Journals

Comparative economic studies and the journal of comparative economics. It also presents awards for the best paper published in both journals.

$103Kprogram expense
02

The association holds its annual meetings in conjunction with the allied social sciences assocation and sponsors a full range of panels organized by its members.

$72Kprogram expense
03

The association is pleased to offer opportunites and support to scholars at all points in their academic careers. Two of the biggest initiatives are the aces dissertation fellowship and the aces summer school.

$3Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 9 grants · $335K · 2020–2024
Unitemized GrantFY2024$28,375
Unitemized GrantFY2024$5,001
Unitemized GrantFY2023$61,858
Unitemized GrantFY2023$5,001
Unitemized GrantFY2022$56,132
Unitemized GrantFY2021$99,995
Unitemized GrantFY2020$52,030
Unitemized GrantFY2020$21,700
Unitemized GrantFY2020$5,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$155K
Ln 12
Gifts and grantsLn 1h$139K
Investment incomeLn 3$15K
Fees for servicesLn 2g$803
Money outPt IX
$222K
Ln 25
Programscol B$212K
Managementcol C$11K
Owns and owesPt X
$311K
net assets · Ln 32
Cash and savingsLn 1–2$311K
Total assetsLn 16$311K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$139K
Fees for servicesLn 2g$803
Investment incomeLn 3$15K
Gains on assetsLn 7$186
Total revenueLn 12$155K
Assets in detailPt X, end of year
CashLn 1−$272
SavingsLn 2$311K
Cash and savings togetherLn 1–2$311K
Total assetsLn 16$311K
LiabilitiesLn 26$0
Net assetsLn 32$311K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$375K$311K
Total assetsLn 16$376K$311K
LiabilitiesLn 26$0$0
Net assetsLn 32$376K$311K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$33K$33K
Accounting feesLn 11c$4K$4K
Investment management feesLn 11f$1K$1K
Advertising and promotionLn 12$896$896
Office expensesLn 13$3K$3K$5
TravelLn 17$12K$12K
Conferences, conventions and meetingsLn 19$63K$63K
Other expenses (24a–d)Ln 24$105K$100K$5K
Total functional expensesLn 25$222K$212K$11K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $155K$222K−$68K$311K 990 PDF
FY2024 $163K$255K−$92K$376K 990 PDF
FY2023 $174K$237K−$63K$468K 990 PDF
FY2022 $163K$269K−$105K$532K 990 PDF
FY2021 $206K$212K−$6K$637K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $154,676 across 6 lines filed
VIII-1f All other contributions, gifts and grants$139,283
VIII-1h Total contributions, gifts and grants$139,283
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $803$803
VIII-3 Investment incomeRelated to mission $14,404$14,404
VIII-7 Net gain or loss on sales of assetsRelated to mission $186$186
VIII-12 Total revenueRelated to mission $15,393$154,676
Part IX · Statement of functional expenses $222,179 across 8 lines filed
IX-2 Grants to domestic individualsPrograms $33,376$33,376
IX-11c Accounting feesManagement $3,500$3,500
IX-11f Investment management feesManagement $1,141$1,141
IX-12 Advertising and promotionManagement $896$896
IX-13 Office expensesPrograms $3,194 · Management $5$3,199
IX-17 TravelPrograms $11,817$11,817
IX-19 Conferences, conventions and meetingsPrograms $63,194$63,194
IX-24 Other expenses (24a–d)Programs $100,000 · Management $5,056$105,056
IX-25 Total functional expensesPrograms $211,581 · Management $10,598 · Fundraising $0$222,179
Part X · Balance sheet $310,906 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $101−$272
X-2 Savings and temporary cash investmentsStart of year $375,175$310,846
X-4 Accounts receivableStart of year $701$332
X-16 Total assetsStart of year $375,977$310,906
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $375,977$310,906
X-33 Total liabilities and net assetsStart of year $375,977$310,906
Part XI · Reconciliation of net assets $310,906 net assets at year end
XI-1 Total revenue$154,676
XI-2 Total expenses$222,179
XI-3 Revenue less expenses−$67,503
XI-4 Net assets at start of year$375,977
XI-5 Net unrealized gains (losses) on investments$2,432
XI-10 Net assets at end of year$310,906

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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