International Society For Therapeutic Ultrasound Inc
- Assets
- $127.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 27-1368562
Organization Overview
International Society For Therapeutic Ultrasound Inc is located in Seattle, WA. The organization was established in 2010. According to its NTEE Classification (H03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Society For Therapeutic Ultrasound 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 12/2021, International Society For Therapeutic Ultrasound Inc generated $71.2k 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 (15.3%) each year. All expenses for the organization totaled $105.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE INTERNATIONAL DEVELOPMENT AND COLLABORATION IN THE GENERAL FIELD OF THERAPEUTIC ULTRASOUND INCLUDING RESEARCH, DEVELOPMENT, COMMERCIALIZATION, CLINICAL APPLICATION, EDUCATION, AND STANDARDIZATION.
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SYMPOSIUM WITH APPROXIMATELY 200 ATTENDEES THAT INCLUDES EXHIBITS AND THE PRESENTATION OF SCIENTIFIC PAPERS TO PROMOTE INTERNATIONAL DEVELOPMENT AND COLLABORATION IN THE FIELD OF THERAPEUTIC ULTRASOUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelly Reid Executive Director | 10 | $77,875 | |
Joo Ha Hwang President | 2 | $0 | |
Cyril Lafon President | 2 | $0 | |
Kim Butts Pauly Secretary General | 1 | $0 | |
Meghan O'reilly Secretary General | 5 | $0 | |
Allison Payne Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $66,327 |
| Membership dues | $4,825 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,152 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $77,875 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $421 |
| Other expenses | $26,988 |
| Total expenses | $105,284 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,302 |
| Other assets | $0 |
| Total assets | $127,302 |
| Total liabilities | $2,500 |
| Net assets or fund balances | $124,802 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
J David Gladstone Institutes San Francisco, CA | $318,407,379 | $84,274,665 |
Lundquist Institute For Biomedical Innovation At Harbor-Ucla Medical Torrance, CA | $198,389,340 | $88,849,610 |
Wellcome Leap Inc Culver City, CA | $553,318,259 | $346,259,833 |
La Jolla Institute For Immunology La Jolla, CA | $60,537,089 | $80,623,646 |
Chan Zuckerberg Biohub Inc San Francisco, CA | $338,316,919 | $10,314,755 |
Huntsman Cancer Foundation Salt Lake City, UT | $266,610,959 | $34,840,690 |
Northern California Institute For Research And Education Inc San Francisco, CA | $16,307,751 | $46,684,844 |
Benaroya Research Institute At Virginia Mason Seattle, WA | $103,998,179 | $37,835,331 |
Altius Institute For Biomedical Sciences Seattle, WA | $61,078,390 | $44,158,765 |
Sports Medicine Research And Testing Laboratory South Jordan, UT | $85,311,442 | $82,704,534 |
Palo Alto Veterans Institute For Research Palo Alto, CA | $15,189,973 | $29,400,012 |
Rady Childrens Hospital Research Center San Diego, CA | $50,765,897 | $20,376,903 |