American Musicological Society Inc
Nonprofit profile at a glance
- EIN
- 231577392
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- New York, NY, USA
- Phone
- 2129926340
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $1,850,133
- Expenses
- $1,746,141
- Assets
- $11,339,466
- Liabilities
- $73,579
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Julie Cumming (President)
- Bonnie Gordon (Vice President)
Highest reported compensation
- Siovahn A Walker (Executive Dir.): $184,429 total reported compensation
- Louis Epstein (Director): $3,185 total reported compensation
- Emily Wilbourne (Director): $1,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Founded in 1942, the American Musicological Society (AMS) exists to expand understanding of music and sound through research, teaching, learning, and advocacy.
What it reported doing in 2024
Founded in 1942, the American Musicological Society (AMS) exists to expand understanding of music and sound through research, teaching, learning, and advocacy. About 2,700 individuals and 500 library subscribers from over forty nations participate in the Society.The primary program activities of the society are: the publication of its Journal publications grantmaking (support for published musicological research) an annual meeting where music research is presented and discussed fellowships for graduate study in musicology evaluation and presentation of awards for outstanding publications travel and research grants for all aspects of musicology support for public lecture series on musicological topics for a wider publicThe programs are supported and managed by the Board of Directors, the governing body with wide representation (AMS Council), and paid administrative staff. In-kind support for activities is provided through the Society's host institution, New York University. The National Endowment for the Humanities (NEH), the Society for American Music (SAM), and the University of Michigan also support the Society's effort to publish a series of critical editions focused on American music and titled Music of in the United States of America (MUSA). Over three hundred members of the Society serve voluntarily on committees and boards to assist in accomplishing its goals. In the fiscal year ended June 30, 2025, the following programs/publications were new or revised.a.Supplemental Grants for Students - In 2025, the AMS offered additional travel support to current undergraduate and terminal masters degree students interested pursuing careers in music studies to attend the 2025 Annual Meeting. There were a total of 13 grants awarded.b.AMS Institute: Musics of the United States - In 2025, the AMS held a residential summer institute for higher education faculty entitled Musics of the United States: Telling Our Stories. The institute was held between 27 July and 9 August 2025 at the University of Maryland: College Park near Washington, D.C. Over the course of the institute, thirty participants and eight faculty members explored ways of reshaping the narratives and content of college-level instruction about American music.c.Coalition of Music Organizations - In summer 2025, the AMS launched the Coalition of Music Organizations, a voluntary association of small to medium-sized music organizations, publishers, programs, and cultural institutions designed to provide access to small-grant funding, outreach support, and opportunities for cooperation and conversation.d.AMS Career Center - In 2025, the AMS launched the AMS Career Center, a hub for community announcements, calls, jobs, and other resources designed to help you advance your career in music studies, teaching and performance. The Career Center replaces the AMS-Announce Listserv, long the Societys hub for announcements, opportunities and job postings. The Career Center can be found here: https://careers.amsmusicology.org/.e.AMS Community Site - In 2025, the AMS launched the AMS Community Site, a networking and social sharing site for AMS members to use when communicating with each other and organizing as part of the Societys 22 study groups and 15 chapters. The Community Site can be found here: https://community.amsmusicology.org/.f.AMS Website - In early 2025, the AMS launched a new website designed to better support its activities and outreach. The new AMS website is built on an open-source CiviCRM installation that provides robust communications and data management capacity. The site is also more attractive than the old, featuring over 1000 images and videos as well as an improved user interface and data architecture. The new AMS website may be accessed here: https://www.amsmusicology.org/.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 82% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 61
- Accountability: 95
- Sustainability: 63
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.9%; rating input score 84
- Program expense ratio: 79.4%; rating input score 79
- Fundraising efficiency: $24.82 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Limited
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Limited
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.6%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 6.49; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 72; 72nd percentile among comparable filings
- Officer compensation ratio: 10.9%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 12.8% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 83.9% of revenue deployed · 79.4% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $184K · 14 people listed · 1 of 6 pay-setting controls reported
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.