Vision Sciences Society Inc
- Assets
- $534.9k
- Revenue
- $430.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Novato, CA
- Founding
- 03/2004
- Data as of
- 09/2021
- EIN
- 13-4244237
Organization Overview
Vision Sciences Society Inc is located in Novato, CA. The organization was established in 2004. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision Sciences Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Vision Sciences Society Inc generated $430.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $398.1k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HOST AN ANNUAL MEETING TO DISCUSS VISION AND ITS RELATION TO COGNITION, ACTION AND THE BRAIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAIN PURPOSE/SERVICE OF THE SOCIETY IS TO HOLD AN ANNUAL MEETING THAT BRINGS TOGETHER IN ONE FORUM SCIENTISTS FROM THE BROAD RANGE OF DISCIPLINES THAT CONTRIBUTE TO VISION SCIENCE, INCLUDING VISUAL PSYCHOPHYSICS, NEUROSCIENCE, COMPUTATIONAL VISION AND COGNITIVE PSYCHOLOGY. FOR 2021, 1,934 SCIENTISTS ATTENDED THE ANNUAL MEETING WHICH WAS HELD VIRTUALLY FOR THE SECOND TIME IN THE ORGANIZATION'S HISTORY DUE TO THE COVID-19 PANDEMIC. THERE WERE 1,107 VIRTUAL PRESENTATIONS GIVEN AT THIS MEETING. EACH YEAR, VSS ALSO SELECTS RECIPIENTS FOR 3 RECOGNITION AWARDS. THE YOUNG INVESTIGATOR AWARD IS AWARDED TO AN EARLY-CAREER VISION SCIENTIST WHO HAS MADE OUTSTANDING CONTRIBUTIONS IN THE FIELD. THE DAVIDA TELLER AWARD IS AWARDED TO A FEMALE VISION SCIENTIST IN RECOGNITION OF HER EXCEPTIONAL, LASTING CONTRIBUTIONS TO THE FIELD OF VISION SCIENCE. THE KEN NAKAYAMA AWARD IS AWARDED TO ANY VISION SCIENTIST WHO HAS MADE EXCEPTIONAL, LASTING CONTRIBUTIONS TO VISION SCIENCE. BOTH THE DAVIDA TELLER AND THE KEN NAKAYAMA AWARDS ARE OPEN TO ALL CAREER STAGES. THE NATURE OF THIS WORK FOR ALL AWARDS CAN BE FUNDAMENTAL, CLINICAL, OR APPLIED. ALL AWARD RECIPIENTS RECEIVE A $2,000 AWARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shauney Wilson Executive Director | Officer | 30 | $15,000 |
David Brainard Director (resigned 5/31/21) | Trustee | 1 | $10,000 |
Geoffrey Boynton Treasurer | OfficerTrustee | 1 | $0 |
Eileen Kowler President-Elect | OfficerTrustee | 1 | $0 |
Laurie Wilcox President | OfficerTrustee | 3 | $0 |
T Rowan Candy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,510 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,510 |
| Total Program Service Revenue | $389,563 |
| Investment income | $38 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $430,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $27,000 |
| Compensation of current officers, directors, key employees. | $27,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $209,925 |
| Fees for services: Legal | $7,929 |
| Fees for services: Accounting | $8,087 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,052 |
| Advertising and promotion | $2,818 |
| Office expenses | $519 |
| Information technology | $921 |
| Royalties | $0 |
| Occupancy | $1,200 |
| Travel | $2,855 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,304 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,727 |
| All other expenses | $0 |
| Total functional expenses | $398,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,485 |
| Savings and temporary cash investments | $328,386 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $534,871 |
| Accounts payable and accrued expenses | $26,406 |
| Grants payable | $1,000 |
| Deferred revenue | $18,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $45,906 |
| Net assets without donor restrictions | $488,965 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $534,871 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vision Sciences Society Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Flextech Alliance Inc San Jose, CA | $34,447,158 | $61,964,414 |
Wadhwani Institute For Artificial Intelligence Foundation Los Altos, CA | $3,256,790 | $7,610,704 |
Imec Inc San Francisco, CA | $1,494,519 | $4,897,734 |
Scintillon Institute San Diego, CA | $1,260,479 | $3,205,276 |
Kestrel Institute Palo Alto, CA | $2,764,272 | $3,386,483 |
Open Research Lab Inc Oakland, CA | $10,022,134 | $10,163,260 |
Sierra Institute For Community And Taylorsville, CA | $4,935,635 | $3,987,418 |
Phoenix Bioinformatics Corporation Newark, CA | $2,438,726 | $1,432,149 |
Scientific Analysis Corp Alameda, CA | $2,082,230 | $1,446,716 |
Biocom Institute San Diego, CA | $371,676 | $1,938,912 |
Group Conscience San Diego, CA | $762,518 | $582,951 |
Project Invent San Francisco, CA | $570,134 | $1,005,665 |