Society For Acupuncture Research Inc is located in Winston Salem, NC. The organization was established in 1996. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Acupuncture Research 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 12/2021, Society For Acupuncture Research Inc generated $117.9k 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 (5.6%) each year. All expenses for the organization totaled $73.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MADE PRESENTATIONS AT CONFERENCES AND MEETINGS AND PUBLISHED SEVERAL JOURNAL ARTICLES TO PROMOTE & ADVANCE KNOWLEDGE OF SCIENCE FOR BENEFIT OF MEMBERS, PARTICIPANTS, & PATIENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Harris Co-President | 3 | $0 | |
Robert Davis Treasurer | 1 | $0 | |
Ari More Director | 1 | $0 | |
Lixing Lao Director | 1 | $0 | |
Peter Wayne Director | 1 | $0 | |
Lisa Taylor-Swanson Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $78,043 |
Total Program Service Revenue | $19,818 |
Membership dues | $33,712 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $117,945 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $5,124 |
Professional fees and other payments to independent contractors | $38,578 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,316 |
Other expenses | $27,785 |
Total expenses | $73,803 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $110,488 |
Other assets | $0 |
Total assets | $110,488 |
Total liabilities | $612 |
Net assets or fund balances | $109,876 |
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