EIN 95-1409272

American Gem Society

IRS 501(c) type
501(c)(6)
Num. employees
63
State
Year formed
1934
Most recent tax filings
2022-11-01
NTEE code, primary
Description
American Gem Society is dedicated to consumer protection, ethical business standards, and developing the highest gemological skill, knowledge, and grading standards of its membership and customers. The nonprofit diamond grading laboratory, American Gem Society Laboratories LLC, was founded to support this mission of consumer protection and adheres to AGS diamond grading standards. AGS Education develops educational materials for members to educate consumers in their communities. Approximately 2,000 members recertify annually with 700 attending training sessions. Located in Las Vegas, NV.
Total revenues
$12,566,716
2022
Total expenses
$6,785,034
2022
Total assets
$20,102,646
2022
Num. employees
63
2022

Program areas at American Gem Society

American Gem Society laboratories, llc was founded to support the ags mission. It is a nonprofit diamond grading laboratory with a mission of consumer protection. Adhering to the ags diamond grading standards, ags laboratories is dedicated to offering diamond grading reports that provide consistency and accuracy based on science.
Ags develops educational content for our membership, which they can use to educate consumers in their respective communities, resulting in enhanced knowledge and appreciation for their purchase and a deeper understanding of the jewelry industry. Approximately 700 members attend the annual educational conference, and 2,000 complete educational courses and programs.
Membership maintains the processes, standards as outlined in the ags membership manual, member journey, and membership benefit programs.

Who funds American Gem Society

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Gemological Institute of America IncorporatedAgs Conclave$50,000
Gemological Institute of America IncorporatedAgs Class Sponsorship$15,000

Personnel at American Gem Society

NameTitleCompensation
Katherine BodohChief Executive Officer , Ags and Ags Labs$200,535
Janice BrooksChief Financial Officer , Ags and Ags Labs$131,229
Jason QuickAgs Laboratories Executive Director$137,069
Donna JollyAgs Director of Marketing$102,943
James DimickAgs Laboratories Director Business Development$124,118
...and 13 more key personnel

Financials for American Gem Society

RevenuesFYE 11/2022
Total grants, contributions, etc.$1,192,110
Program services$5,513,008
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,086,781
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$774,817
Total revenues$12,566,716

Form 990s for American Gem Society

Fiscal year endingDate received by IRSFormPDF link
2020-112021-06-24990View PDF
2019-112021-06-07990View PDF
2018-112019-12-06990View PDF
2017-112018-11-15990View PDF
2016-112017-10-26990OView PDF
...and 7 more Form 990s
Data update history
May 21, 2023
Received grants
Identified 2 new grant, including a grant for $50,000 from Gemological Institute of America Incorporated
March 23, 2023
Used new vendors
Identified 1 new vendor, including
April 14, 2022
Updated personnel
Identified 1 new personnel
April 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
October 9, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Professional associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
Memberships
General information
Address
8881 W Sahara Ave
Las Vegas, NV 89117
Metro area
Las Vegas-Henderson-Paradise, NV
County
Clark County, NV
Website URL
americangemsociety.org/ 
Phone
(702) 255-6500
Facebook page
AmericanGemSociety1934 
Twitter profile
@amergemsociety 
IRS details
EIN
95-1409272
Fiscal year end
November
Taxreturn type
Form 990
Year formed
1934
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813920: Professional Associations
Parent/child status
Central organization
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