International Federation of Musculoskeletal Research Societies
- Assets
- $0.0
- Revenue
- $42.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/2018
- Data as of
- 09/2020
- EIN
- 98-1404695
Organization Overview
International Federation of Musculoskeletal Research Societies is located in Washington, DC. The organization was established in 2018. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. International Federation of Musculoskeletal Research Societies 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 09/2020, International Federation of Musculoskeletal Research Societies generated $42.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $918.2k during the year ending 09/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE IFMRS IS TO ADVANCE MUSCULOSKELETAL RESEARCH GLOBALLY IN ORDER TO PREVENT AND TREAT MUSCULOSKELETAL DISEASES BY COLLOBRATING WITH INTERNATIONAL SOCIETIES , RAISE PUBLIC AWARENESS AND PROVIDE EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
FELLOWSHIP GRANTSIFMRS FELLOWSHIPS ARE AVAILABLE FOR MEMBERS OF IFMRS MEMBER SOCIETIES TO SUPPORT MUSCULOSKELETAL RESEARCH PROJECTS. NO FELLOWSHIP GRANTS WERE AWARDED FOR THE FISCAL PERIOD ENDED SEPTEMBER 2020.
VARIOUS ADMINISTRATION EXPENSES BEFORE DISSOLUTION, INCLUDING A DONATION TO ITS SISTER ORGANIZATION, IFMRS - A U.S. ENTITY, EIN: 30-1218723.
TRAVEL GRANTSIFMRS TRAVEL GRANTS ARE AVAILABLE FOR MEMBERS OF IFMRS MEMBER SOCIETIES TO ATTEND ANY IFMRS MEMBER SOCIETY OR AFFILIATED EVENT. THESE GRANTS ARE TO SUPPORT NEW INVESTIGATORS ATTENDING MEMBER SOCIETY MEETINGS BY CONTRIBUTING TOWARDS THEIR TRAVEL, ACCOMMODATION AND REGISTRATION EXPENSES. NO TRAVEL GRANTS WERE AWARDED DURING THE FISCAL PERIOD ENDED SEPTEMBER 30, 2020.
EXCHANGE GRANTSTHERE WERE NO EXCHANGE GRANTS AWARDED FOR THE FISCAL PERIOD ENDED SEPTEMBER 30, 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prof Bente Langdahl MD Dmsc Director & Co-Chair | OfficerTrustee | 3 | $0 |
Dr Roland Baron DDS PHD Director & Co-Chair | OfficerTrustee | 3 | $0 |
Dr Markus Seibel MD PHD Fracp Director & Treasurer | OfficerTrustee | 3 | $0 |
Dr Rick Sumner PHD Director & Secretary | OfficerTrustee | 3 | $0 |
Robert Blank Director | Trustee | 3 | $0 |
Nicola Napoli Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,703 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,703 |
| Total Program Service Revenue | $0 |
| 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 | $42,703 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $858,108 |
| 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. | $35,825 |
| Compensation of current officers, directors, key employees. | $35,825 |
| 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 | $0 |
| 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 | $15,710 |
| Advertising and promotion | $0 |
| Office expenses | $225 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,588 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $618 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,961 |
| All other expenses | $2,211 |
| Total functional expenses | $918,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | -$875,543 |
| Total liabilities and net assets/fund balances | $0 |