International Skeletal Society Inc
- Assets
- $2.6m
- Revenue
- $607.0k
- Investments
- $0.0
- Employees
- 0
- Location
- East Dundee, IL
- Founding
- 09/1974
- Data as of
- 05/2022
- EIN
- 23-7366930
Organization Overview
International Skeletal Society Inc is located in East Dundee, IL. The organization was established in 1974. According to its NTEE Classification (G50) the organization is classified as: Nerve, Muscle & Bone Diseases, 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. International Skeletal Society Inc 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 05/2022, International Skeletal Society Inc generated $607.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $480.2k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE INTERNATIONAL SKELETAL SOCIETY, INC. IS TO BRING TOGETHER, THROUGH AN EDUCATIONAL NONPROFIT SOCIETY, RADIOLOGISTS, PATHOLOGISTS, ORTHOPEDIC SURGEONS AND OTHER SPECIALISTS DEDICATED TO THE FURTHERANCE OF THE ART AND SCIENCE OF MUSCULOSKELETAL IMAGING AND TO THE UNDERSTANDING, DIAGNOSIS AND THERAPY OF MUSCULOSKELETAL DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS AND REFRESHER COURSES WERE HELD IN VARIOUS LOCATIONS PROVIDING A FORUM FOR THE EXCHANGE OF KNOWLEDGE AND IDEAS AMONG ISS MEMBERS AND BETWEEN MEMBERS AND NON-MEMBERS AND PROVIDING CONTINUING EDUCATION IN THE FIELD OF MUSCULOSKELETAL DISORDERS. THE MEETINGS WERE ATTENDED BY RADIOLOGISTS WORLDWIDE AND PROVIDED INSTRUCTIONS IN THE LATEST METHODS, EQUIPMENT, AND PROCEDURES IN RADIOLOGY.
THE SOCIETY PUBLISHES THE SKELETAL RADIOLOGY JOURNAL, WHICH IS A PROFESSIONAL JOURNAL FOR RADIOLOGY AND RELATED FIELDS.
THE SOCIETY SUPPORTS AN OUTREACH PROGRAM FOSTERING THE DEVELOPMENT OF GROUPS OR SOCIETIES IN COUNTRIES OR REGIONS WHERE THE DIAGNOSIS AND CLINICAL MANAGEMENT OF MUSCULOSKELETAL DISORDERS REMAIN SUBORDINATE.
EDUCATIONAL OFFERINGS INCLUDING THE INTERSOCIETY MUSCULOSKELETAL LECTURE SERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael P Recht MD President | OfficerTrustee | 1 | $0 |
Juerg Hodler MD MBA President El | OfficerTrustee | 1 | $0 |
Michael J Tuite MD Treasurer | OfficerTrustee | 1 | $0 |
Christine Chung MD Secretary | OfficerTrustee | 1 | $0 |
Lawrence M White MD Immed Past P | OfficerTrustee | 1 | $0 |
Anne Cotten MD Treasurer-El | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,250 |
| Fundraising events | $0 |
| Related organizations | $0 |
| 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 | $4,250 |
| Total Program Service Revenue | $599,660 |
| Investment income | $3,124 |
| 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 | $607,034 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $20,000 |
| 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 | $201,812 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,308 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $771 |
| Fees for services: Other | $80,000 |
| Advertising and promotion | $0 |
| Office expenses | $43 |
| Information technology | $19,646 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,649 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,352 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,871 |
| All other expenses | $4,352 |
| Total functional expenses | $480,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,017,427 |
| 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 | $432,285 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $108,670 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,558,382 |
| Accounts payable and accrued expenses | $14,497 |
| Grants payable | $0 |
| Deferred revenue | $63,579 |
| 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 | $78,076 |
| Net assets without donor restrictions | $2,480,306 |
| 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 | $2,558,382 |
Grants Awarded
Over the last fiscal year, International Skeletal Society Inc has awarded $75,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: MUSCULOSKELETAL IMAG | $25,000 |
East Dundee, IL PURPOSE: REFUND CONTRIBUTION | $25,000 |
JOHN HOPKINS UNIVERSITY PURPOSE: MUSCULOSKELETAL IMAG | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Skeletal Society Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
International Skeletal Society Inc East Dundee, IL PURPOSE: REFUND CONTRIBUTION | $25,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Muscular Dystrophy Association Chicago, IL | $71,915,435 | $63,707,273 |
Broadscope Disability Services Inc Greenfield, WI | $1,648,437 | $3,909,521 |
Les Turner Amyotrophic Lateral Sclerosis Foundation Skokie, IL | $3,335,798 | $3,120,220 |
Amyotrophic Lateral Sclerosis Association Saint Louis, MO | $5,164,940 | $2,624,591 |
Amyotrophic Lateral Sclerosis Association Chicago, IL | $1,432,497 | $1,950,829 |
Arthroscopy Association Of North America Education Foundation Rosemont, IL | $16,543,377 | $879,762 |
American Academy For Cerebral Palsy And Development Medicine Milwaukee, WI | $3,159,683 | $1,129,067 |
Amyotrophic Lateral Sclerosis Indianapolis, IN | $1,575,757 | $819,713 |
International Skeletal Society Inc East Dundee, IL | $2,558,382 | $607,034 |
United States Bone And Joint Initiative Nfp Lombard, IL | $878,567 | $405,146 |
American Orthopedic Foundation Des Plaines, IL | $595,127 | $183,503 |
Ibew-855 Muncie Electrical Joint Muncie, IN | $625,951 | $656,874 |