American Orthopaedic Society For Sports Medicine
- Assets
- $21.9m
- Revenue
- $9.2m
- Investments
- $1.5m
- Employees
- 30
- Location
- Rosemont, IL
- Founding
- 02/1973
- Data as of
- 12/2021
- EIN
- 23-7182780
Organization Overview
American Orthopaedic Society For Sports Medicine is located in Rosemont, IL. The organization was established in 1973. As of 12/2022, American Orthopaedic Society For Sports Medicine employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Orthopaedic Society For Sports 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 12/2021, American Orthopaedic Society For Sports Medicine generated $9.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $8.4m during the year ending 12/2021. While expenses have increased by 0.8% 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 Orthopaedic Society For Sports Medicine has awarded 72 individual grants totaling $2,129,000. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN ORTHOPAEDIC SOCIETY FOR SPORTS MEDICINE (THE SOCIETY) IS A NONPROFIT CORPORATION WHICH DEVELOPS AND DISSEMINATES KNOWLEDGE IN THE FIELD OF SPORTS MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND MEETINGS: ANNUAL AND INTERIM MEETINGS HELD TO DISCUSS CURRENT TOPICS AND ADVANCEMENTS IN THE FIELD OF SPORTS MEDICINE.
PUBLICATIONS: THE AMERICAN JOURNAL OF SPORTS MEDICINE AND THE SOCIETY'S NEWSLETTER ARE PUBLISHED TO FOSTER, DEVELOP AND DISSEMINATE KNOWLEDGE IN THE FIELD OF SPORTS MEDICINE.
MISCELLANEOUS PROJECTS AND PROGRAMS IN THE FIELD OF SPORTS MEDICINE DESIGNED TO CARRY OUT SOCIETY'S MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt P Spindler MD Past President | OfficerTrustee | 1 | $0 |
Mark D Miller MD President | OfficerTrustee | 1 | $0 |
Dean C Taylor MD President Elect | OfficerTrustee | 1 | $0 |
Robert T Burks MD Secretary | OfficerTrustee | 1 | $0 |
Eric C Mccarty MD Treasurer | OfficerTrustee | 1 | $0 |
Michael G Ciccotti MD Past President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Technologies Inc It Services | 12/30/22 | $144,669 |
Edward Wojitys Editorial Services | 12/30/22 | $162,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $892,980 |
| All other contributions, gifts, grants, and similar amounts not included above | $911,172 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,804,152 |
| Total Program Service Revenue | $6,567,587 |
| Investment income | $786,113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $85,388 |
| Net Gain/Loss on Asset Sales | -$26,201 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,235,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $332,500 |
| Grants and other assistance to domestic individuals. | $54,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $18,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,121,122 |
| Compensation of current officers, directors, key employees. | $358,759 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,768,057 |
| Pension plan accruals and contributions | $144,127 |
| Other employee benefits | $221,364 |
| Payroll taxes | $185,392 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,455 |
| Fees for services: Accounting | $158,785 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $72,461 |
| Fees for services: Other | $19,377 |
| Advertising and promotion | $0 |
| Office expenses | $128,835 |
| Information technology | $386,077 |
| Royalties | $0 |
| Occupancy | $357,253 |
| Travel | $103,318 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,820,092 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,929 |
| Insurance | $0 |
| All other expenses | $561,653 |
| Total functional expenses | $8,355,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,202,813 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,320,906 |
| 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 | $1,193,246 |
| Net Land, buildings, and equipment | $558,137 |
| Investments—publicly traded securities | $11,077,095 |
| Investments—other securities | $1,549,291 |
| Investments—program-related | $973,813 |
| Intangible assets | $0 |
| Other assets | $24,836 |
| Total assets | $21,900,137 |
| Accounts payable and accrued expenses | $1,512,049 |
| Grants payable | $0 |
| Deferred revenue | $2,169,575 |
| 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 | $11,947 |
| Total liabilities | $3,693,571 |
| Net assets without donor restrictions | $14,632,583 |
| Net assets with donor restrictions | $3,573,983 |
| 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 | $21,900,137 |
Grants Awarded
Over the last fiscal year, American Orthopaedic Society For Sports Medicine has awarded $350,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF CHICAGO PURPOSE: GRANT | $16,000 |
REGENTS OF THE UNIV OF CALIFORNIA SF PURPOSE: GRANT | $16,000 |
CAMPBELL FOUNDATION PURPOSE: GRANT | $16,000 |
MAYO CLINIC PURPOSE: GRANT | $25,000 |
UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION PURPOSE: GRANT | $25,000 |
UNIV OF CONNECTICUT HEALTH CENTER PURPOSE: GRANT | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Orthopaedic Society For Sports Medicine Rosemont, IL | $21,900,137 | $9,235,602 |
American Orthopaedic Association Rosemont, IL | $16,935,289 | $4,357,489 |
Association Of Bone & Joint Surgeons Schaumburg, IL | $37,269,330 | $4,409,182 |
American Sports Medicine Institute Inc St Louis, MO | $263,182 | $3,485,270 |
American Osteopathic Academy Of Orthopedics Richmond, VA | $5,509,476 | $2,851,906 |