Why an AMC?

Association management companies, or AMCs, are for-profit businesses that manage associations to help them grow and prosper. They offer the expertise, staffing and resources that allow professional societies, trade groups, not-for-profits and philanthropic organizations to effectively manage day-to-day operations and advance their long-term goals. AMCs deliver high levels of expertise and accountability so that associations can continue to increase their value and relevance to members.

AMCs provide their clients with unparalleled flexibility, agility and financial advantages, which makes the AMC model a good alternative for managing many nonprofit organizations.

New research conducted by Brigham Young University (BYU) professor James Gaskin demonstrates that associations that partner with AMCs enjoy significant revenue and asset benefits.

Key findings from the study indicate that, on average, AMC-managed associations experience more than three times the growth in net assets and 31 percent more growth in net revenue regardless of size and tax status.

“Given the wide variety of associations surveyed, and the random sampling applied, the findings are remarkably consistent,” said Gaskin, a professor of information systems at BYU. “When we analyzed the data, it was clear that associations of all types and sizes using the AMC model tend to be the strongest financially.”

Additional findings indicated that, on average, AMC-run associations have:

  •  Less liabilities as a percent of revenue
  • Lower expenses as a percent of revenue
  • Higher surpluses as a percent of revenue

Click here to view the AMC Financial Impact Study

Click here to view the AMC Financial Imapact Study Infographic

 

Professional Network

Association Management Compnaies Institute American Society of Association Executives California Society of Association Executives Empire State Society of Association Execuatives New York Society of Association ExecutivesAssociation Executives of North CarolinaInternational Association of Travel Agents Network