American Otological Society Inc
- Assets
- $206.7k
- Revenue
- $166.1k
- Investments
- $0.0
- Employees
- 0
- Location
- St Petersburg, FL
- Founding
- 08/2006
- Data as of
- 06/2021
- EIN
- 20-5087345
Organization Overview
American Otological Society Inc is located in St Petersburg, FL. The organization was established in 2006. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Otological 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 06/2021, American Otological Society Inc generated $166.1k 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 (9.3%) each year. All expenses for the organization totaled $135.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) 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
THE CHARITABLE PURPOSE OF AOS IS TO ADVANCE AND PROMOTE MEDICAL AND SURGICAL OTOLOGY NEUROTOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENHANCEMENT OF PATIENT CARE IN THE MEDICAL SPECIALTY OF OTOLOGY THROUGH VARIOUS CONTINUING EDUCATION PROGRAMS CONFERENCES AND THE ANNUAL SCIENTIFIC SYMPOSIUM.
THE ENHANCEMENT OF PATIENT CARE IN THE MEDICAL SPECIALTY OF OTOLOGY THROUGH VARIOUS JOURNALS AND PUBLICATIONS IN PARTICULAR IN THE MEDICAL FIELD OF OTOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick J Antonelli MD President | OfficerTrustee | 2 | $0 |
Marlan R Hansen MD President-Elect | OfficerTrustee | 1 | $0 |
Sujana S Chandrasekhar MD Secretary-Treasurer | OfficerTrustee | 4 | $0 |
Nancy M Young MD Education Director-Elect | Trustee | 1 | $0 |
John P Carey MD Immediate Past President | Trustee | 1 | $0 |
William H Slattery III MD Council Member | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $165,025 |
| Investment income | $0 |
| 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 | $166,091 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,824 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $49,091 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,933 |
| Advertising and promotion | $0 |
| Office expenses | $6,928 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,495 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,765 |
| All other expenses | $0 |
| Total functional expenses | $135,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,362 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,949 |
| 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 | $6,365 |
| 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 | $206,676 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $206,676 |
| 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 | $206,676 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Otological Society Inc has recieved totaling $120,000.
| Awarding Organization | Amount |
|---|---|
Otology & Neurotology Inc St Petersburg, FL PURPOSE: TO PROVIDE GENERAL SUPPORT FOR THE PROMOTION AND ADVANCEMENT OF THE PROFESSION THROUGH AN EDUCATIONAL PUBLICATION. | $120,000 |
Endowment Analysis
| Beg. Balance | $1,204,795 |
| Earnings | $29,186 |
| Admin Expense | $1,863 |
| Net Contributions | $100,000 |
| Ending Balance | $1,332,118 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American College Of Rheumatology Atlanta, GA | $61,765,067 | $30,544,906 |
American Board Of Pathology Inc Tampa, FL | $24,241,736 | $7,512,857 |
Florida Osteopathic Medical Association Tallahassee, FL | $9,139,704 | $3,847,560 |
Undersea & Hyperbaric Medical Society North Palm Beach, FL | $1,242,683 | $1,611,809 |
American College Of Radiation Oncology Inc Temple Terrace, FL | $2,225,566 | $1,482,703 |
American College Of Emergency Physicians Orlando, FL | $502,879 | $837,636 |
Georgia Chapter Of The American College Of Cardiology Inc Buford, GA | $518,512 | $583,446 |
Florida Chapter American College Of Cardiology Orlando, FL | $1,023,861 | $413,498 |
Southern Neurological Society Inc Jacksonville, FL | $1,256,748 | $43,203 |
Ohio Chapter Of The American College Of Cardiology Atlanta, GA | $1,054,371 | $229,445 |
South Atlantic Association Of Jacksonville, FL | $30,997 | $0 |
American College Of Surgeons Georgia Chapter Stockbridge, GA | $29,673 | $0 |