Association For Reserach In Otolaryngoloy Inc
- Assets
- $2.1m
- Revenue
- $688.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 11/1975
- Data as of
- 12/2021
- EIN
- 51-0141638
Organization Overview
Association For Reserach In Otolaryngoloy Inc is located in Brentwood, TN. The organization was established in 1975. According to its NTEE Classification (H42) the organization is classified as: Ear & Throat Diseases Research, 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. Association For Reserach In Otolaryngoloy 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, Association For Reserach In Otolaryngoloy Inc generated $688.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $424.3k during the year ending 12/2021. While expenses have increased by 18.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ASSOCIATION SHALL BE TO ENCOURAGE AND PROMOTE BASIC AND CLINICAL RESEARCH IN THE BROAD FIELDS OF OTOLARYNGOLOGY, HEARING AND BALANCE SCIENCE, AND RELATED AREAS. TO ACHIEVE THESE OBJECTIVES, AND TO FOSTER COLLEGIAL ASSEMBLY AND STIMULATE SCIENTIFIC COLLABORATION AMONG ITS MEMBERS, THE ASSOCIATION SHALL ENCOURAGE YEAR-ROUND SCIENTIFIC ENGAGEMENT THROUGH MEETINGS AND OTHER ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARO HOSTS A MIDWINTER MEETING EVERY YEAR FOR MEMBERSHIP AND GUESTS TO ATTEND TO STAY UPDATED ON RECENT SCIENCE IN THE FIELD. THE MIDWINTER MEETING IS HELD EACH YEAR. THE PROGRAM INCLUDES BOTH CONTRIBUTED PAPER SESSIONS AND SPECIAL SEMINARS, WORKSHOPS AND A SHORT COURSE WITH INVITED SPEAKERS ON TOPICS OF CURRENT INTEREST AND IMPORTANCE TO THE ARO MEMBERSHIP. THE MEETING ABSTRACTS ARE AVAILABLE TO MEETING ATTENDEES IN DIGITAL FORM PRIOR TO THE MEETING. THE ABSTRACTS ARE ALSO AVAILABLE ON THE ARO WEBSITE AFTER THE MEETING. THE ARO ENCOURAGES AN INFORMAL ATMOSPHERE AT THIS MEETING IN ORDER THAT THE PARTICIPANTS HAVE MAXIMAL OPPORTUNITY TO EXCHANGE INFORMATION. THIS INFORMAL SETTING IS ESPECIALLY IMPORTANT FOR YOUNG SCIENTISTS OR CLINICIANS IN THEIR ATTEMPT TO LEARN ABOUT THE BROAD FIELD OF SCIENTIFIC OTOLARYNGOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Litovsky PHD Past President | OfficerTrustee | 1 | $0 |
Elisabeth Olson PHD President Elect | OfficerTrustee | 1 | $0 |
John Oghalai MD President | OfficerTrustee | 1 | $0 |
Barbara Shinn-Cunningham PHD Secretary Treasurer | OfficerTrustee | 1 | $0 |
Matthew Kelley PHD Program Chair | OfficerTrustee | 1 | $0 |
Barbara Canlon PHD Communications Officer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marriott Business Services Conference Services And Venue | 12/30/19 | $162,227 |
Talley Management Group Inc Administrative And Management Services | 12/30/19 | $346,394 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $120,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,588 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,588 |
| Total Program Service Revenue | $479,875 |
| Investment income | $46,817 |
| 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 | $688,422 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,583 |
| 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 | $288,000 |
| Fees for services: Legal | $2,003 |
| 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 | $16,110 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $19,518 |
| 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 | $38,862 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,270 |
| All other expenses | $0 |
| Total functional expenses | $424,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $679,045 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $167,685 |
| 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 | $22,192 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,253,655 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,122,577 |
| Accounts payable and accrued expenses | $963 |
| Grants payable | $0 |
| Deferred revenue | $425,240 |
| 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 | $426,203 |
| Net assets without donor restrictions | $1,680,269 |
| Net assets with donor restrictions | $16,105 |
| 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 | $2,122,577 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edith & Henry Heuser Hearing Institute Louisville, KY | $1,172,127 | $1,576,672 |
American Cochlear Implant Alliance Foundation Mclean, VA | $2,458,720 | $1,441,784 |
Association For Reserach In Otolaryngoloy Inc Brentwood, TN | $2,122,577 | $688,422 |
Carolina Ear Research Institute Raleigh, NC | $216,068 | $236,471 |
Lions Of Virginia Hearing Foundation Health Sciences Center Charlottesville, VA | $446,503 | $0 |
North Carolina Society Of Otolaryngology-Head And Neck Surge Raleigh, NC | $174,999 | $0 |