American Otological Societyresearch Foundation
- Assets
- $11.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- St Petersburg, FL
- Founding
- 08/2006
- Data as of
- 06/2022
- EIN
- 20-5095702
Organization Overview
American Otological Societyresearch Foundation is located in St Petersburg, FL. The organization was established in 2006. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, 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 Societyresearch Foundation 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 06/2022, American Otological Societyresearch Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $444.7k during the year ending 06/2022. While expenses have increased by 2.1% 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.
Since 2015, American Otological Societyresearch Foundation has awarded 49 individual grants totaling $2,563,963. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE EDUCATIONAL AND SCIENTIFIC PURPOSES OF THE AMERICAN OTOLOGICAL SOCIETY INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUE THE IMPROVEMENT OF PATIENT CARE BY THE ADVANCEMENT OF PHYSICIAN KNOWLEDGE OF OTOLOGY THROUGH RESEARCH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlan R Hansen MD President | OfficerTrustee | 2 | $0 |
Lawrence R Lustig MD President - Elect | OfficerTrustee | 1 | $0 |
Sujana S Chandrasekhar MD Secretary-Treasurer | OfficerTrustee | 4 | $0 |
Nancy M Young MD Education Director | Trustee | 1 | $0 |
Patrick J Antonelli MD Immediate Past President | Trustee | 1 | $0 |
John P Carey MD Past President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $39,037 |
| 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 | $39,037 |
| Total Program Service Revenue | $0 |
| Investment income | $230,718 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,210,548 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,480,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $363,000 |
| 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. | $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 | $6,000 |
| 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 | $43,244 |
| Fees for services: Other | $7,455 |
| Advertising and promotion | $0 |
| Office expenses | $1,683 |
| 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 | $21,338 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,951 |
| All other expenses | $0 |
| Total functional expenses | $444,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,422 |
| Savings and temporary cash investments | $213,460 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,967 |
| 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 | $2,571 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,960,054 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,347,474 |
| 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 | $11,347,474 |
| 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 | $11,347,474 |
Grants Awarded
Over the last fiscal year, American Otological Societyresearch Foundation has awarded $363,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
JOHNS HOPKINS UNIVERSITY PURPOSE: IDENTIFICATION OF BIOMARKERS IN HUMAN PLASMA FOR DIAGNOSIS OF VESTIBULAR MIGRAINE | $30,000 |
UNIVERSITY OF WASHINGTON PURPOSE: USE OF MULTISENSORY INPUT AND DEEP LEARNING TECHNIQUES TO DEVELOP A NEXT GENERATION LISTENING DEVICE TO IMPROVE SPEECH PERCEPTION IN NOISE FOR INDIVIDUALS WITH HEARING LOSS | $80,000 |
UNIVERSITY OF SOUTHERN CALIFORNIA PURPOSE: CELLULAR REPROGRAMMING OF PERIPHERAL GLIAL CELLS TO REGENERATE PRIMARY AUDITORY NEURONS | $80,000 |
CASE WESTERN RESERVE UNIVERSITY PURPOSE: GENETIC REGULATION OF TMC PROTEINS IN HAIR CELLS | $55,000 |
UNIVERSITY OF IOWA PURPOSE: METABOLOMIC PROFILING OF HUMAN VESTIBULAR SCHWANNOMA AND MENINGIOMA BEFORE AND AFTER RADIATION THERAPY | $44,000 |
COLUMBIA UNIVERSITY PURPOSE: MICRONEEDLE MEDIATED ASPIRATION OF PERILYMPH FOR SEQUENTIAL PROTEOMIC CHARACTERIZATION AFTER CORTICOSTEROID ADMINISTRATION | $30,000 |