- ACS dues for 2016 will be $162.
- "Bylaw XIII also sets allocations for dues revenue."
- 40% of dues goes to "printing and distribution costs of the editorial portion of Chemical & Engineering News." ($6.30M)
- 20% of dues goes to support of local sections (55%) and divisions (45%). ($3.15 million in 2015)
- all of the dues revenue from the Student Member category ($400,000 in 2015) is allocated to the Education Division for support of student programs.
...Of the remaining dues revenue, $3.34 million supports the Member Services unit that sends you the reminders to pay your dues, processes new membership applications, and maintains basic member benefits; $1.26 million covers information technology (IT) systems support; and $500,000 goes to other charges associated with membership, such as credit card fees and bad debt. That leaves about $1 million, which is used, in part, to help fund all other society programs, including advocacy, career services, awards, national meetings, National Chemistry Week, governance activities, and too many other benefits to list here. At one-sixteenth of total dues revenue, my contribution in exchange for these benefits was about $10 last year.
We are fortunate that ACS Publications and Chemical Abstracts Service (CAS) provide robust annual contributions to the society. It is these net contributions that allow ACS to so effectively pursue its mission “to advance the broader chemistry enterprise and its practitioners for the benefit of Earth and its people.”...It is truly surprising to me how little is left for what I would consider societal activities, i.e. national meetings; I guess what matters is what the ACS Pubs and CAS contribution to society activities actually is.