The American Chemical Society (ACS) ended 2019 with strong financial results, marking its 16th consecutive year of positive operating performance, generating a change in net assets without donor restrictions from operations of $35.5 million on total revenues of $629.1 million. The favorable operating result was attributable to a combination of robust financial results from the information services divisions and a continued expense discipline across all Society program and administrative units. The positive financial results allowed the Society to continue strategic investments in its mission-driven activities and member services.
The Society’s financial position strengthened in 2019. Net assets without donor restrictions increased from $326.9 million at Dec. 31, 2018, to $446.2 million as of Dec. 31, 2019. This increase resulted primarily from the $35.5 million operating contribution and net investment gains of $71.8 million. The Society ended 2019 in full compliance with all of the ACS Board-approved financial guidelines.
The audited financial statements and additional finance-related resources can be accessed on the Society’s financial information website.
ACS is grateful for the generous support provided by donors and sponsors for its programs and awards. The list of 2019 sponsors of ACS national awards can be found on page 7 of the PDF of this annual report.