American Institute Of Ultrasound In Medicine

Organization Overview

American Institute Of Ultrasound In Medicine is located in Laurel, MD. The organization was established in 1971. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, American Institute Of Ultrasound In Medicine employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Institute Of Ultrasound 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 12/2020, American Institute Of Ultrasound In Medicine generated $6.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $4.9m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO EMPOWER AND CULTIVATE A GLOBAL MULTIDISCIPLINARY COMMUNITY ENGAGED IN THE USE OF MEDICAL ULTRASOUND THROUGH RAISING AWARENESS, EDUCATION, SHARING INFORMATION, AND RESEARCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL MEETING AND EDUCATIONAL COURSES - EDUCATIONAL SYMPOSIA AND EXHIBITS, PRESENTATION OF SCIENTIFIC PAPERS.


ACCREDITATION - VOLUNTARY PEER REVIEW PROCESS THAT ALLOWS PRACTICES TO DEMONSTRATE THAT THEY MEET OR EXCEED NATIONALLY RECOGNIZED STANDARDS IN THE PERFORMANCE AND INTERPRETATION OF DIAGNOSTIC ULTRASOUND EXAMINATIONS. THE ACCREDITATION PROCESS ENCOURAGES PROVIDERS OF DIAGNOSTICS ULTRASOUND SERVICES TO ASSESS THEIR STRENGTHS AND WEAKNESSES AND INITIATE CHANGES TO IMPROVE THEIR PRACTICE.


MEMBERSHIP - AIUM MEMBER BENEFITS INCLUDE CONTINUING MEDICAL EDUCATION CREDITS, SUBSCRIPTION OF MONTHLY JOURNAL ULTRASOUND IN MEDICINE, WEBINARS, ONLINE RESOURCE LIBRARY ETC.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Project Presentation Technology
Virtual Meeting Video Production Service
$177,604
Redzone Technologies
Technology Services: Network And Pc Mana
$156,030
Marketing General Inc Total
Membership Marketing
$102,404
Michael Management Inc
Various Building Expenses
$110,232
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$513,330
Investment income $171,836
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$135,750
Net Gain/Loss on Asset Sales $818,328
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,045,170

Grants Recieved

Over the last fiscal year, we have identified 1 grants that American Institute Of Ultrasound In Medicine has recieved totaling $12,000.

Awarding OrganizationAmount
Levon & Claudia Nazarian Family Foundation Inc

Cherry Hill, NJ

PURPOSE: TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C)(3)

$12,000
View Grant Recipient Profile

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