Financial Statements

Financial Statements

American Academy of Arts and Sciences and Affiliates
Consolidated Statement of Financial Position as of June 30, 2023

William Henry Pickering, a Member of the Academy and an instructor of physics at the Massachusetts Institute of Technology, photographed a total eclipse of the sun...

New analysis from the Academy's Humanities Indicators project shows dramatic decreases in open positions for professors. Health professions faculty jobs, once equal in number to those in humanities, now far outnumber them.

New data from the American Academy’s Humanities Indicators reveal a recent substantial shift toward bachelor’s and graduate degrees in the science, technology, engineering, and medical (STEM) fields; the data also highlight some of the underlying complexities in this shift.

Jennifer Rubin of the Washington Post presents the recommendations in “Our Common Purpose” on social media and disinformation as key to restoring American democracy.

In updates released this morning, the American Academy's Humanities Indicators report that visits to historic sites, museums, and art galleries are on the rise in recent years.

The firm of Mayer Hoffman McCann P.C., Certi­fied Public Accountants, conducted the audit of the American Academy’s statements of finan­cial position for the fiscal year 2020 (July 1, 2019–June 30, 2020). I am pleased to report the auditors found the consolidated financial statements present fairly, in all material respects, the financial position of the Academy, and the auditors have issued an unqualified report. The consolidated statement of activities and financial position may be found on pages 12–13. A copy of the audited financial statements is available on the Academy’s website and upon request from the Academy’s Business Office.

The firm of Mayer Hoffman McCann P.C., Certified Public Accountants, conducted the audit of the American Academy’s statements of financial position for the fiscal year 2021 (July 1, 2020–June 30, 2021). I am pleased to report the auditors found the consolidated financial statements present fairly, in all material respects, the financial position of the Academy, and the auditors have issued an unqualified report. The consolidated statement of activities and financial position may be found below. A copy of the audited financial statements is available on the Academy’s website and upon request from the Academy’s Business Office.

At the 3rd Meeting of the Academy held on August 30, 1780, Academy members voted to appoint “a Committee to confer with the Reverend and Honorable Corporation of the University of Cambridge upon pursuing measures to procure an accurate observation of the Solar eclipse...”

Institutions are critical to our personal and societal well-being. They facilitate relationships; they regulate behavior. They develop and disseminate knowledge, enforce the law, keep us healthy, and uphold social and religious norms.

From the Archives

When I took office as President in 2019, I quickly realized that one of the great joys of this role is the opportunity to travel to meet with members of our remarkable community. During 2019–2020, I visited some of our largest member communities in New York, Chicago, and the San Francisco Bay area; smaller member groups in locations such as Dallas, St. Louis, and Nashville; and many international members in places such as Colombia, Japan, and the United Kingdom.

Robert Ballard tells the story of his passionate career in ocean exploration and discusses the educational initiatives he has created to engage a new generation of scientists.

In collaboration with the Ash Center at the Harvard Kennedy School, the Academy hosted a discussion on “Redistricting and Representation,” which included presentations by Gary King, Jamal Greene, and Moon Duchin. Chief Judge Patti Saris moderated the program.

On January 28, 2013, the Academy honored Robert J. Birgeneau, Chancellor Emeritus of the University of California, Berkeley, at a special symposium on the benefit of public investment in higher education. Chancellor Birgeneau, Mary Sue Coleman, and Henry E. Brady participated in a conversation on the future of America’s system of public higher education, focusing on the California model and beyond.

On March 31, 1999, Jared Diamond presented a condensed version of his talk on "How to Get Rich."