American Ophthalmological Society
- Assets
- $1.1m
- Revenue
- $167.7k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 06/1974
- Data as of
- 12/2021
- EIN
- 41-1235482
Organization Overview
American Ophthalmological Society is located in San Francisco, CA. The organization was established in 1974. 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 Ophthalmological Society 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, American Ophthalmological Society generated $167.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $266.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 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
PROFESSIONAL ORGANIZATION FORMED PRIMARILY TO PROMOTE OPHTHALMOLOGIC EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN OPHTHALMOLOGICAL SOCIETY IS A PROFESSIONAL ORGANIZATION FORMED PRIMARILY TO PROMOTE OPHTHALMOLOGICAL EDUCATION, RESEARCH, AND THE ART AND SCIENCE OF OPHTHALMOLOGY. THE EDUCATION MISSION IS SERVED BY AOS'S ANNUAL SCIENTIFIC MEETING WHICH IS ATTENDED BY APPROXIMATELY 235 MEMBERS AND OTHER PROFESSIONALS INTERESTED IN THE DELIVERY OF HIGH-QUALITY PATIENT EYE CARE. DUE TO THE COVID-19 PANDEMIC, THE 2021 ANNUAL MEETING WAS HELD VIRTUALLY.
OTHER PROGRAM SERVICE ACTIVITIES INCLUDE MEMBERSHIP DUES ADMINISTRATION, GRANTS TO OUTSIDE ORGANIZATIONS WITHIN THE FIELD OF OPHTHALMOLOGY, AND HONORARIUMS/STIPENDS PROVIDED TO LECTURERS.
OTHER PROGRAMS INCLUDE THE KENNEDY-SNELL FUND (WHICH WAS ESTABLISHED FOR THE ADVANCEMENT OF OPHTHALMIC SCIENCE AND ART) AS WELL AS COUNCIL MEETINGS (WHICH MEETS TWICE A YEAR TO DISCUSS, MAKE DECISIONS, AND CONDUCT BUSINESS REGARDING THE AOS). DUE TO THE COVID-19 PANDEMIC, THESE PROGRAMS WERE TEMPORARILY SUSPENDED FOR THE 2021 TAX YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hans E Grossniklaus MD MBA Executive Vice President / Editor | OfficerTrustee | 1 | $44,000 |
Anne L Coleman MD PHD President Effective 5/2021 | OfficerTrustee | 1 | $0 |
Woodford S Van Meter MD President Through 5/2021 | OfficerTrustee | 1 | $0 |
Stephen D Mcleod MD Council Member | Trustee | 1 | $0 |
William F Mieler MD Council Member | Trustee | 1 | $0 |
Edward G Buckley MD Council Chair Through 5/2021 | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sf-association Management Services Management Services | 12/30/19 | $158,000 |
Greenbrier Resort Conference Services (Catering, A/v, Etc) | 12/30/19 | $148,103 |
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 | $115,520 |
| Investment income | $19,094 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,066 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $167,680 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $997 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $47,805 |
| Compensation of current officers, directors, key employees. | $42,773 |
| 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 | $157,947 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,502 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,821 |
| Fees for services: Other | $2,586 |
| Advertising and promotion | $0 |
| Office expenses | $6,594 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,290 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $620 |
| All other expenses | $857 |
| Total functional expenses | $266,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,773 |
| Savings and temporary cash investments | $0 |
| 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 | $127,925 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $845,171 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,148,869 |
| Accounts payable and accrued expenses | $5,821 |
| Grants payable | $0 |
| Deferred revenue | $49,510 |
| 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 | $1,931,890 |
| Total liabilities | $1,987,221 |
| Net assets without donor restrictions | -$1,159,833 |
| Net assets with donor restrictions | $321,481 |
| 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 | $1,148,869 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Ophthalmological Society has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Macula Foundation Inc New York, NY PURPOSE: RESEARCH SUPPORT | $5,000 |
Macula Foundation Inc New York, NY PURPOSE: RESEARCH SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $627,756 |
| Earnings | $69,142 |
| Admin Expense | $2,586 |
| Net Contributions | $1,560 |
| Ending Balance | $695,872 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Academy Of Ophthalmology Inc San Francisco, CA | $120,788,261 | $63,345,501 |
California Medical Association Sacramento, CA | $44,616,043 | $29,620,580 |
United States And Canadian Academy Of Pathology Inc Palm Springs, CA | $20,874,518 | $11,607,843 |
Housecall Providers Pc Portland, OR | $5,329,467 | $6,826,462 |
American Association Of Gynecological Laparoscopists Inc Cypress, CA | $12,220,540 | $5,191,247 |
Dermatology Education Foundation San Jose, CA | $2,970,189 | $2,956,034 |
California Society Of Anesthesiologists Inc Sacramento, CA | $3,430,433 | $1,887,155 |
Pediatric Dermatology Research Alliance Inc Portland, OR | $1,440,239 | $1,370,056 |
Western Section American Urological Association Inc Santa Ana, CA | $3,928,603 | $1,334,848 |
American College Of Emergency Physicians Sacramento, CA | $2,901,679 | $1,155,856 |
Childrens Cancer Network Chandler, AZ | $878,056 | $1,227,482 |
North American Board Of Naturopathic Examiners Portland, OR | $1,138,894 | $888,368 |