World Molecular Imaging Society
- Assets
- $3.8m
- Revenue
- $637.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Culver City, CA
- Founding
- 08/1991
- Data as of
- 12/2021
- EIN
- 52-1706066
Organization Overview
World Molecular Imaging Society is located in Culver City, CA. The organization was established in 1991. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, World Molecular Imaging Society employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Molecular Imaging Society 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, World Molecular Imaging Society generated $637.3k 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 (20.7%) each year. All expenses for the organization totaled $878.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE FORM 990, PART III.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED ANNUAL INTERNATIONAL CONFERENCE ON CLINICAL AND SCIENTIFIC ASPECTS OF MOLECULAR IMAGING.
PUBLICATION OF A SCIENTIFIC JOURNAL AND OTHER COMMUNICATIONS
WORKSHOPS, ANCILLARY MEETINGS, DISTRIBUTION AND PRESENTATION OF EDUCATIONAL MATERIALS TO THE MEDICAL COMMUNITY AND GENERAL PUBLIC.
REGULATORY AFFAIRS AND CLINICAL TRIALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Baird Executive Director | OfficerTrustee | 40 | $218,900 |
Julie Sutcliffe Past President | OfficerTrustee | 2 | $0 |
Mark Pagel Trustee | OfficerTrustee | 2 | $0 |
Hedvig Hricak Trustee | OfficerTrustee | 2 | $0 |
Carolyn Anderson President | Trustee | 2 | $0 |
Vladimir Ponomarev Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $116,536 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,005 |
| Total Program Service Revenue | $433,835 |
| Investment income | $3,443 |
| 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 | $637,283 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $218,900 |
| Compensation of current officers, directors, key employees. | $15,323 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,106 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,648 |
| Payroll taxes | $27,644 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,070 |
| Fees for services: Accounting | $4,009 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,307 |
| Advertising and promotion | $3,420 |
| Office expenses | $47,024 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,686 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $253,754 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,855 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $878,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,577 |
| Savings and temporary cash investments | $3,399,222 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,482 |
| 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 | $0 |
| Net Land, buildings, and equipment | $12,064 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $194,694 |
| Total assets | $3,840,039 |
| Accounts payable and accrued expenses | $25,736 |
| Grants payable | $0 |
| Deferred revenue | $12,420 |
| 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 | $38,156 |
| Net assets without donor restrictions | $3,654,213 |
| Net assets with donor restrictions | $147,670 |
| 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 | $3,840,039 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that World Molecular Imaging Society has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Phelps Family Foundation Encino, CA PURPOSE: TO HELP FUND GENERAL CHARITABLE OPERATIONS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Molecular Imaging Society Culver City, CA | $3,840,039 | $637,283 |
Pacific Northwest Bleeding Disorders Corvallis, OR | $613,534 | $628,881 |
Chase Richards Foundation Calabasas, CA | $493,783 | $287,618 |
Southwest Institute For Families And Children With Special Needs Phoenix, AZ | $57,249 | $184,329 |
Minkoff Center For Jewish Genetics Dba Jewish Genetic Diseases Center Scottsdale, AZ | $963,599 | $218,139 |
Biological Research Institute South Pasadena, CA | $30,159 | $0 |
American Iris Society Foundation Glendale, CA | $0 | $77,368 |
Eye Birth Defects Research Foundation Inc Encino, CA | $133,372 | $0 |
Glomerular Disease Study And Trial Consortium Mill Valley, CA | $30,609 | $0 |
Warner House Inc Oro Valley, AZ | $68,069 | $0 |
Hawaii Pediatric Association Research And Education Foundation Honolulu, HI | $1,146,095 | $7,322 |