Overview

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Est.

1934

Fiscal Year Start

Dec 1

Organization Type

Grantseeker

AI Summary

The American Gem Society (EIN: 95-1409272) is a nonprofit organization dedicated to consumer protection, ethical business standards, and the advancement of gemological skills and knowledge among its members and customers. With an operating budget of $5.4 million and total revenue of $5.8 million for the 2024 filing year, the organization does not rely on a single funder for more than 50% of its revenue. More information can be found on their website at www.ags.org.

Mission Statement

DEDICATED TO CONSUMER PROTECTION, ETHICAL BUSINESS STANDARDS, AND THE DEVELOPMENT OF THE HIGHEST GEMOLOGICAL SKILL, KNOWLEDGE, AND GRADING STANDARDS OF ITS MEMBERSHIP AND CUSTOMERS.
Revenues
$5.8M
Expenses
$5.4M
Net Income:
+$382.7K
Assets
$25.9M
Liabilities
$949.6K
Net Assets:
+$24.9M
Operating Budget
$5.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$30K
Largest grant received
$500K
K
Katherine Bodoh
Board Member
J
Janice Brooks
Board Member
A
Alexis Padis
Board Member

Frequently Asked Questions

What is AMERICAN GEM SOCIETY’s budget?
In 2024, AMERICAN GEM SOCIETY reported an annual operating budget of around $5.4 million. More detailed financial information is available to registered users.
What causes does AMERICAN GEM SOCIETY support?
AMERICAN GEM SOCIETY supports work in Business promotion.
Where does AMERICAN GEM SOCIETY operate?
AMERICAN GEM SOCIETY is headquartered in Las Vegas, NV.
Who funded AMERICAN GEM SOCIETY recently?
In 2024, AMERICAN GEM SOCIETY received grants from GEMOLOGICAL INSTITUTE OF AMERICA INC, AMERICAN GEM TRADE ASSOCIATION, and OHIO JEWELERS EDUCATION FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant AMERICAN GEM SOCIETY received in 2024?
The largest grant to AMERICAN GEM SOCIETY in 2024 exceeds $500 thousand.