EIN 95-1409272

American Gem Society

IRS 501(c) type
501(c)(6)
Num. employees
65
State
Year formed
1934
Most recent tax filings
2023-11-01
NTEE code, primary
Description
American Gem Society unites jewelry professionals to promote ethical standards, educate consumers, and enhance industry excellence through accreditation and gemological research.
Total revenues
$9,845,838
2023
Total expenses
$5,140,271
2023
Total assets
$24,522,554
2023
Num. employees
65
2023

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. American Gem Society laboratories, llc ceased operations effective 12/31/2022.
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 IncorporatedGemology Education Endowment$5,000,000
Gemological Institute of America IncorporatedAgs Conclave$75,000
American Gem Trade Association (AGTA)Sponsorship$32,300
...and 3 more grants received

Personnel at American Gem Society

NameTitleCompensation
Katherine BodohChief Executive Officer , Ags and Ags Labs / Chief Executive Officer , Ags and Ags Laboratories$203,611
Janice BrooksChief Financial Officer$166,014
Jason QuickLaboratory Executive Director / Laboratory E / Ags Labs Executive Director / Ags Laboratories Executive Director$158,681
Donna JollyAgs Director of Marketing / Director of Mark / Deputy Executive$100,504
Bryan MoellerSecretary / Chair: Gem S$0
...and 16 more key personnel

Financials for American Gem Society

RevenuesFYE 11/2023
Total grants, contributions, etc.$6,204,947
Program services$2,256,605
Investment income and dividends$451,235
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$183,315
Net gain from sale of non-inventory assets$576
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$749,160
Total revenues$9,845,838

Form 990s for American Gem Society

Fiscal year endingDate received by IRSFormPDF link
2023-112024-10-12990View PDF
2022-112023-10-11990View PDF
2021-112022-09-09990View PDF
2020-112021-06-24990View PDF
2019-112021-06-07990View PDF
...and 10 more Form 990s
Data update history
November 23, 2024
Used new vendors
Identified 1 new vendor, including
August 25, 2024
Posted financials
Added Form 990 for fiscal year 2021
August 25, 2024
Updated personnel
Identified 2 new personnel
December 29, 2023
Received grants
Identified 4 new grant, including a grant for $5,000,000 from Gemological Institute of America Incorporated
November 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Professional associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
MembershipsEndowed support
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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