International Society Of Magnetic Resonance In Medicine
- Assets
- $15.7m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 20
- Location
- Concord, CA
- Founding
- 08/1993
- Data as of
- 09/2023
- EIN
- 23-2722507
Organization Overview
International Society Of Magnetic Resonance In Medicine is located in Concord, CA. The organization was established in 1993. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 09/2023, International Society Of Magnetic Resonance In Medicine employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Society Of Magnetic Resonance In Medicine 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 09/2023, International Society Of Magnetic Resonance In Medicine generated $9.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $8.7m during the year ending 09/2023. While expenses have increased by 0.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE CONTINUED EDUCATION IN THE FIELD OF MAGNETIC RESONANCE IN MEDICINE AND BIOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING THE ISMRM ANNUAL MEETING WAS HELD AS A HYBRID MEETING 03-08 JUNE 2023 IN TORONTO, CANADA. THE MEETING PROVIDED EDUCATIONAL COURSES FOR STUDENTS AND PROFESSIONALS DELEGATES, AS WELL AS AN OPPORTUNITY FOR THE MR COMMUNITY TO SHARE THEIR RESEARCH THROUGH ORAL PRESENTATIONS AND SCIENTIFIC POSTER SESSIONS. THE MEETING WAS ATTENDED BY 6,512 PROFESSIONAL DELEGATES, INCLUDING 556 EXHIBITION PERSONNEL.
STRATEGIC AND OTHER PROGRAMS THE SOCIETY PROVIDED RESEARCH AND EDUCATION FUND DURING THE FISCAL YEAR ENDING 2023.
WORKSHOPS AND REGIONALS 8 FACE-TO-FACE ISMRM WORKSHOPS AND 49 ISMRM AND ISMRT VIRTUAL MEETINGS WERE HELD DURING THE YEAR ENDED SEPTEMBER 30, 2023, COVERING A VARIETY OF SUBJECTS RELATED TO MAGNETIC RESONANCE. THESE WORKSHOPS WERE ATTENDED BY HUNDREDS OF PROFESSIONALS IN THE FIELD INTERNATIONALLY.
MEMBERSHIP SERVICES AS OF SEPTEMBER 30, 2023, THE SOCIETY HAD 6,987 ISMRM MEMBERS PLUS 1,438 ISMRT MEMBERS WORLDWIDE FOR A TOTAL OF 8,425 MEMBERS WHO RECEIVED MEMBERSHIP BENEFITS, INCLUDING VARIOUS NEWSLETTERS AND JOURNALS.
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 |
|---|---|---|---|
Derek Jones PHD President | OfficerTrustee | 1 | $0 |
Scott Reeder MD PHD Past President | OfficerTrustee | 1 | $0 |
Margaret Hall-Craggs MD Vice President | OfficerTrustee | 1 | $0 |
Mark Griswold PHD Vice President-Elect | OfficerTrustee | 1 | $0 |
Joseph Ackerman PHD Treasurer | OfficerTrustee | 1 | $0 |
Penny Gowland PHD Secretary | OfficerTrustee | 1 | $0 |
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 | $1,407,372 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,407,372 |
| Total Program Service Revenue | $6,675,781 |
| Investment income | $224,079 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,039,544 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$240,989 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,845,904 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,232 |
| Grants and other assistance to domestic individuals. | $74,061 |
| Grants and other assistance to Foreign Orgs/Individuals | $356,267 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $560,887 |
| Compensation of current officers, directors, key employees. | $267,962 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,158,977 |
| Pension plan accruals and contributions | $107,057 |
| Other employee benefits | $309,083 |
| Payroll taxes | $119,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $85,876 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,024 |
| Fees for services: Other | $276,741 |
| Advertising and promotion | $52,085 |
| Office expenses | $157,157 |
| Information technology | $428,951 |
| Royalties | $0 |
| Occupancy | $289,050 |
| Travel | $1,029,231 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,295,762 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,777 |
| Insurance | $10,499 |
| All other expenses | $376,355 |
| Total functional expenses | $8,723,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,308,666 |
| Savings and temporary cash investments | $90,254 |
| Pledges and grants receivable | $279,108 |
| Accounts receivable, net | $313,197 |
| 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 | $497,534 |
| Net Land, buildings, and equipment | $24,947 |
| Investments—publicly traded securities | $6,751,772 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $416,042 |
| Total assets | $15,681,520 |
| Accounts payable and accrued expenses | $338,143 |
| Grants payable | $0 |
| Deferred revenue | $491,516 |
| 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 | $513,883 |
| Total liabilities | $1,343,542 |
| Net assets without donor restrictions | $13,675,835 |
| Net assets with donor restrictions | $662,143 |
| 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 | $15,681,520 |
Grants Awarded
Over the last fiscal year, International Society Of Magnetic Resonance In Medicine has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ABMP - AMERICAN BOARD OF MEDICAL PHYSICS PURPOSE: RESEARCH FOR MRI | $5,000 |
RSSASASPI CONGRESS PURPOSE: EDUCATIONAL PURPOSES. | $15,000 |