American Society Of Clinical Oncology
- Assets
- $269.5m
- Revenue
- $162.7m
- Investments
- $0.0
- Employees
- 564
- Location
- Alexandria, VA
- Founding
- 08/1965
- Data as of
- 12/2019
- EIN
- 13-6180380
Organization Overview
American Society Of Clinical Oncology is located in Alexandria, VA. The organization was established in 1965. As of 12/2019, American Society Of Clinical Oncology employed 564 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, American Society Of Clinical Oncology generated $162.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $148.1m during the year ending 12/2019. While expenses have increased by 6.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Society Of Clinical Oncology has awarded 66 individual grants totaling $15,927,949. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
ASCO IS A PROFESSIONAL ONCOLOGY SOCIETY COMMITTED TO CONQUERING CANCER THROUGH RESEARCH, EDUCATION, AND PROMOTION OF THE HIGHEST QUALITY AND EQUITABLE PATIENT CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENTIFIC AND MEDICAL EDUCATION: SEE SCHEDULE O
QUALITY OF CARE: SEE SCHEDULE O
EDUCATIONAL PUBLICATIONS: SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clifford Hudismd Ceo, Non-Voting Director | Officer | 36 | $898,194 |
Dina Michels ESQ Evp, Chief Legal Officer | Officer | 36 | $581,731 |
Richard Schilsky MD Evp, Chief Medical Officer | Officer | 37.5 | $576,789 |
Bernie Khoo Vp, Information Technology | Officer | 37.5 | $429,423 |
Cory Wiegert Evp, CEO Cancerlinq | Officer | 37.5 | $414,423 |
Linda Jensen MBA Evp, Chief Financial Officer | Officer | 36 | $401,924 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tempus Labs Data Curation Svc | 12/30/19 | $3,773,700 |
Spargo Inc Event Planning Svc | 12/30/19 | $2,970,147 |
Dartmouth Printing Company Printing Service | 12/30/19 | $1,998,136 |
Freeman Decorating Event Planning Svc | 12/30/19 | $2,405,197 |
Amazon Web Service Cloud Computing Svc | 12/30/19 | $2,559,170 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $7,525,300 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,525,300 |
| Total Program Service Revenue | $145,628,204 |
| Investment income | $6,066,749 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,543,846 |
| Net Rental Income | $248,640 |
| Net Gain/Loss on Asset Sales | $447,597 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $162,711,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,287,513 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $204,751 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,438,819 |
| Compensation of current officers, directors, key employees. | $3,120,419 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,563,815 |
| Pension plan accruals and contributions | $2,993,232 |
| Other employee benefits | $4,213,614 |
| Payroll taxes | $3,755,284 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $533,024 |
| Fees for services: Accounting | $183,472 |
| Fees for services: Lobbying | $290,516 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $79,584 |
| Fees for services: Other | $27,897,419 |
| Advertising and promotion | $585,630 |
| Office expenses | $2,529,096 |
| Information technology | $8,595,316 |
| Royalties | $0 |
| Occupancy | $3,014,972 |
| Travel | $6,468,203 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,272,170 |
| Interest | $2,651,464 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,037,458 |
| Insurance | $687,702 |
| All other expenses | $2,378,042 |
| Total functional expenses | $148,108,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,722,737 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,850,085 |
| 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 | $7,946,486 |
| Net Land, buildings, and equipment | $48,134,749 |
| Investments—publicly traded securities | $167,830,725 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $269,484,782 |
| Accounts payable and accrued expenses | $18,849,700 |
| Grants payable | $0 |
| Deferred revenue | $37,609,894 |
| Tax-exempt bond liabilities | $38,400,000 |
| 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 | $37,050,353 |
| Total liabilities | $131,909,947 |
| Net assets without donor restrictions | $136,574,835 |
| Net assets with donor restrictions | $1,000,000 |
| 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 | $269,484,782 |
Grants Awarded
Over the last fiscal year, American Society Of Clinical Oncology has awarded $2,234,333 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Alexandria, VA PURPOSE: Contribution | $1,764,000 |
Somerville, MA PURPOSE: Contribution | $167,500 |
SARAH CANNON RESEARCH INSTITUTE PURPOSE: CONTRIBUTION | $109,166 |
Phoenix, AZ PURPOSE: Contribution | $60,000 |
Ann Arbor, MI PURPOSE: contribution | $40,000 |
Washington, DC PURPOSE: Contribution | $32,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Society Of Clinical Oncology has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
American Medical Association Chicago, IL PURPOSE: GENERAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society Of Clinical Oncology Alexandria, VA | $269,484,782 | $162,711,421 |
Maryland University Of Integrative Health Inc Laurel, MD | $10,772,400 | $15,099,634 |
American Uro-Gynecologic Society Silver Spring, MD | $3,003,575 | $5,371,840 |
Society For Maternal-Fetal Medicine Washington, DC | $10,389,858 | $6,427,977 |
National Certification Commission For Acupuncture & Oriental Washington, DC | $4,168,787 | $4,252,868 |
American Congress Of Rehabilitation Medicine Reston, VA | $3,157,464 | $3,720,480 |
Gbmc Ophthalmology Educational Foundation Inc Towson, MD | $3,044,008 | $186,478 |
American Academy Of Clinical Toxicology Mclean, VA | $873,651 | $458,558 |
American Academy Of Audiology Foundation Reston, VA | $908,472 | $219,995 |
American College Of Apothecaries Research & Education Foundation In Bartlett, TN | $963,755 | $203,042 |
Southeastern Society Of Pedodontists Richmond, VA | $530,714 | $285,139 |