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Financial Statement

Revenue and Expenses 2025

In 2025, AACR reported another year of positive operating returns. This financial stability enables AACR to comprehensively meet the challenges of the cancer problem. Operating revenues totaled $111 million and total expenditures were $101 million. The net impact of revenues and expenses resulted in an operating surplus of $47 million. As outlined in this report, several major projects were launched in 2025, and AACR was able to outperform the budget through successful programming, revenue growth, and prudent financial management.

Non-operating activities are primarily related to long-term investments. AACR’s investments provided strong returns in the amount of $37.5 million in 2025 and outperformed comparable market indexes.

As a result of the financial performance for the year 2025, AACR’s unrestricted net assets are now $252 million. These reserves ensure continued investment in the programs and initiatives that support AACR’s mission to prevent and cure all cancers.

2025 Total Expenses

Chart: 2025 total expenses: Program services, 84.2 percent; member and support services, 10.2 percent; fundraising and development, 5.6 percent.

2025 Program Expenses

Chart: 2025 program expenses: Research grants and scientific awards, 24.5 percent; scientific meetings and educational workshops, 31.4 percent; scientific publications, 19.1 percent; professional education and scientific programs, 12 percent; communications, science policy, and patient education, 13 percent.

American Association for Cancer Research, Inc. and the AACR Foundation

Unrestricted Revenues and Expenses
As of December 31, 2025

Projected 2025
REVENUE
Membership Dues $4,266,100
Scientific Meetings and Educational Workshops $35,032,483
Publications $20,212,528
Other Revenue $6,533,933
Subtotal Program Revenue $66,045,044
Support
NIH Grants $468,506
Contributions $44,200,768
Subtotal Support Revenue $44,669,274
TOTAL REVENUE $110,714,318
EXPENSES
Scientific Meetings and Educational Workshops $27,471,002
Research Grants and Scientific Awards $19,393,976
Scientific Publications $13,564,531
Professional Education and Scientific Programs $12,862,216
Communications, Science Policy and Patient Education $10,887,396
Member Services $3,162,082
Subtotal Program Services $87,341,203
Support Services $6,848,711
Fundraising and Development $6,720,630
Subtotal Supporting Services $13,569,341
TOTAL EXPENSES $100,910,544
Operating Surplus before Investments $9,803,774
Other Changes
Investment Income/(loss) $37,480,280
Subtotal Other Changes $37,480,280
Change in Unrestricted Net Assets $47,284,054
NET ASSETS BEGINNING OF YEAR $204,766,077
NET ASSETS END OF YEAR $252,050,131
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