Annual Reviews

Tax-deductible

San Mateo, CA501(c)(3)Since 1934Science & TechnologyEIN 94-1156476

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Disseminate scientific information.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$3.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $476K a year · 3% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.1M
to officers and key staff · 15% of spending
Top officer’s pay higher than 70% of similar orgs
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $28K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7.4M
112% of total assets
Concern: liabilities are 112% of assets; over 80%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$17.0M
-7% vs prior year
Spent
$21.3M
To programs
79%
Net assets
−$794K
By yearFY2020–FY2024
Revenue
$17.0M
FY2024▼ -7%
Revenue by fiscal year
FY2020$17.3M
FY2021$24.2M
FY2022$16.4M
FY2023$18.3M
FY2024$17.0M
Expenses
$21.3M
FY2024+0.2%
Expenses by fiscal year
FY2020$16.9M
FY2021$17.1M
FY2022$19.0M
FY2023$21.3M
FY2024$21.3M
Net assets
−$794K
FY2024▲ +44%
Net assets by fiscal year
FY2020−$1.4M
FY2021−$2.7M
FY2022−$2.3M
FY2023−$1.4M
FY2024−$794K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1948.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $16.9M Management & general 21% · $4.4M Fundraising 0% · $17K

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

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Who runs it and what they're paid

29 people listed on the 990; $3.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
President and Editor-In-Chief
$482,863Pt VII · Sec A
$286,348Pt VII · Sec A
Director of Sales/Partnerships/Init.
$275,927Pt VII · Sec A
Dir. of Prod./Assoc Editor-In-Chief
$257,249Pt VII · Sec A
Director of Technology & Facilities Ops
$249,303Pt VII · Sec A
Director of Marcom & Strategic Dev.
$206,884Pt VII · Sec A
Director of Human Resources
$203,405Pt VII · Sec A
Editor-In-Chief, Knowable Magazine
$197,931Pt VII · Sec A

Richard Gallagher’s $483K as President and Editor-In-Chief is at the 70th percentile of top reported officer pay among 139 $10–100M science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Richard Gallagher$482,863$465,969$448,132$431,088$421,074
Jonathan Michael$286,348$277,661$264,169$258,402$248,186
Andrea Lopez$275,927$262,178$256,746$256,530$266,805
Jennifer Jongsma$257,249$247,098$237,750$229,242$226,448
Paul Calvi$249,303$239,557$231,556$222,667$214,491
Liz Allen$206,884$209,627$204,847$197,539$189,324
Lisa Wucher$203,405$182,806$173,026$166,383$160,210
Eva Emerson$197,931$189,180$179,575$172,614$167,978

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 Annual Reviews 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

Shares scientific knowledge with the public.

Provided by the organization

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3 programs · $16.4M · in their own filed words · FY2024
01

Journals

Includes the editing, production, sales, promotion and distribution of current and future volumes of scientific review articles. The primary purpose is to stimulate and encourage the advancement and development of scientific scholarly disciplines and to foster research therein.

$12.8Mprogram expense
02

Knowable Magazine

Publication of a free digital magazine with the goal of presenting scientific knowledge in a compelling and accessible fashion. All content is free to read, reuse and be presented as standalone materials to promote widespread sharing via social media.

$2.2Mprogram expense
03

Charleston Conference

Hosting an annual conference of librarians, publishers, electronic resource managers, consultants, and vendors of library materials in charleston, SC, in november, to discuss issues of importance to libraries and scholarly publishers.

$1.5Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$28K
Grants paid · 5 grants · $121K · 2020–2024
Parkinsons Foundation INCNY · FY2024$5,150
National Academy of SciencesDC · FY2022$100,000
Menlo Park Fire DistrictFY2020$5,760
United Way of the Bay AreaCA · FY2020$5,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$17.0M
Ln 12
Other incomeLn 4–11$15.4M
Fees for servicesLn 2g$1.5M
Gifts and grantsLn 1h$103K
Money outPt IX
$21.3M
Ln 25
Programscol B$16.9M
Managementcol C$4.4M
Fundraisingcol D$17K
Owns and owesPt X
−$794K
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$6.6M
LiabilitiesLn 26$7.4M
PeoplePt VI, VII
29
listed · VII A
PaidVII A14
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$103K
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$240
Other incomeLn 4–11$15.4M
Total revenueLn 12$17.0M
Assets in detailPt X, end of year
CashLn 1$3.3M
SavingsLn 2$198K
Cash and savings togetherLn 1–2$3.5M
InvestmentsLn 11–13$250K
Land, buildings, equipmentLn 10c$325K
Other assetsLn 15$555K
Total assetsLn 16$6.6M
LiabilitiesLn 26$7.4M
Net assetsLn 32−$794K
OperationsPt I, VI
EmployeesI 5112
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.0M$3.5M
InvestmentsLn 11–13$250K$250K
Land, buildings, equipmentLn 10c$167K$325K
Total assetsLn 16$5.4M$6.6M
LiabilitiesLn 26$6.8M$7.4M
Net assetsLn 32−$1.4M−$794K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$16K$16K
Grants and assistance to foreign recipientsLn 3$10K$10K
Pay of current officers, directors and key staffLn 5$2.7M$1.3M$1.4M
Other salaries and wagesLn 7$8.5M$7.2M$1.3M
Pension plan contributionsLn 8$790K$661K$130K
Other employee benefitsLn 9$1.7M$1.3M$367K
Payroll taxesLn 10$747K$571K$176K
Legal feesLn 11b$16K$16K
Accounting feesLn 11c$66K$66K
Other fees for servicesLn 11g$763K$462K$300K
Office expensesLn 13$806K$473K$316K$17K
OccupancyLn 16$357K$261K$97K
TravelLn 17$204K$141K$62K
Conferences, conventions and meetingsLn 19$786K$786K
Depreciation, depletion and amortizationLn 22$208K$144K$64K
InsuranceLn 23$59K$24K$35K
Other expenses (24a–d)Ln 24$3.4M$3.4M
All other expensesLn 24e$156K$79K$77K
Total functional expensesLn 25$21.3M$16.9M$4.4M$17K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $17.0M$21.3M−$4.4M−$794K 990 PDF
FY2023 $18.3M$21.3M−$3.0M−$1.4M 990 PDF
FY2022 $16.4M$19.0M−$2.5M−$2.3M 990 PDF
FY2021 $24.2M$17.1M$7.1M−$2.7M 990 PDF
FY2020 $17.3M$16.9M$406K−$1.4M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $16,950,987 across 7 lines filed
Lines not itemized here account for $344,362 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$103,110
VIII-1h Total contributions, gifts and grants$103,110
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,475,624$1,475,624
VIII-3 Investment incomeExcluded from tax $240$240
VIII-5 RoyaltiesRelated to mission $14,833,475$14,833,475
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $194,176$194,176
VIII-12 Total revenueRelated to mission $16,653,461 · Unrelated business $194,176 · Excluded from tax $240$16,950,987
Part IX · Statement of functional expenses $21,317,588 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $16,267$16,267
IX-3 Grants and assistance to foreign recipientsPrograms $9,929$9,929
IX-5 Pay of current officers, directors and key staffPrograms $1,331,288 · Management $1,405,523$2,736,811
IX-7 Other salaries and wagesPrograms $7,162,304 · Management $1,323,300$8,485,604
IX-8 Pension plan contributionsPrograms $660,732 · Management $129,529$790,261
IX-9 Other employee benefitsPrograms $1,302,848 · Management $366,589$1,669,437
IX-10 Payroll taxesPrograms $570,698 · Management $176,000$746,698
IX-11b Legal feesManagement $15,557$15,557
IX-11c Accounting feesManagement $65,625$65,625
IX-11g Other fees for servicesPrograms $462,193 · Management $300,365$762,558
IX-13 Office expensesPrograms $473,393 · Management $316,421 · Fundraising $16,654$806,468
IX-16 OccupancyPrograms $260,939 · Management $96,512$357,451
IX-17 TravelPrograms $141,223 · Management $62,423$203,646
IX-19 Conferences, conventions and meetingsPrograms $786,160$786,160
IX-22 Depreciation, depletion and amortizationPrograms $143,937 · Management $64,311$208,248
IX-23 InsurancePrograms $23,928 · Management $34,601$58,529
IX-24 Other expenses (24a–d)Programs $3,442,309$3,442,309
IX-24e All other expensesPrograms $79,263 · Management $76,767$156,030
IX-25 Total functional expensesPrograms $16,867,411 · Management $4,433,523 · Fundraising $16,654$21,317,588
Part X · Balance sheet $6,577,011 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,830,524$3,318,401
X-2 Savings and temporary cash investmentsStart of year $213,921$198,335
X-4 Accounts receivableStart of year $659,832$376,085
X-9 Prepaid expenses and deferred chargesStart of year $421,055$643,130
X-10c Land, buildings and equipment, netStart of year $166,864$324,542
X-13 Program-related investmentsStart of year $250,000$250,000
X-14 Intangible assetsStart of year $1,018,179$911,546
X-15 Other assetsStart of year $820,791$554,972
X-16 Total assetsStart of year $5,389,125$6,577,011
X-17 Accounts payable and accrued expensesStart of year $2,236,142$2,150,146
X-25 Other liabilitiesStart of year $4,574,992$5,220,460
X-26 Total liabilitiesStart of year $6,811,134$7,370,606
X-27 Net assets without donor restrictionsStart of year −$1,466,690−$814,983
X-28 Net assets with donor restrictionsStart of year $44,681$21,388
X-32 Total net assets or fund balancesStart of year −$1,422,009−$793,595
X-33 Total liabilities and net assetsStart of year $5,389,125$6,577,011
Part XI · Reconciliation of net assets −$793,595 net assets at year end
XI-1 Total revenue$16,950,987
XI-2 Total expenses$21,317,588
XI-3 Revenue less expenses−$4,366,601
XI-4 Net assets at start of year−$1,422,009
XI-9 Other changes in net assets$4,995,015
XI-10 Net assets at end of year−$793,595

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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