Society For Imaging Science And Technology
- Assets
- $814.4k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Springfield, VA
- Founding
- 03/1971
- Data as of
- 12/2021
- EIN
- 53-0236896
Organization Overview
Society For Imaging Science And Technology is located in Springfield, VA. The organization was established in 1971. As of 12/2021, Society For Imaging Science And Technology employed 6 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Society For Imaging Science And Technology 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 Imaging Science And Technology generated $1.1m 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 (4.1%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION IN LATEST SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENTS IN THE FIELD OF IMAGING. SEE SCH O
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS AND CONFERENCES: IS&T SPONSORS NUMEROUS CONFERENCES AND WORKSHOPS THROUGHOUT THE YEAR RELATED TO THE FIELDS OF IMAGING SCIENCE AND PHOTOGRAPHY. CONFERENCES SPONSORED BY IS&T INCLUDE ARCHIVING CONFERENCE, COLOR AND IMAGING CONFERENCE, PRINTING FOR FABRICATION CONFERENCE, LONDON IMAGING MEETING AND DIGITIZING TO INTERNATIONAL IMAGING PERFORMANCE STANDARDS AND INTERNATIONAL SYMPOSIUM ON ELECTRONIC IMAGING.
JOURNALS AND PUBLICATIONS: JOURNAL OF IMAGING SCIENCE AND TECHNOLOGY IS PUBLISHED BI-MONTHLY TO PROVIDE THE IMAGING COMMUNITY DOCUMENTATION ON A BROAD RANGE OF IMAGING RESEARCH, DEVELOPMENT, AND APPLICATIONS AS A WAY TO PROMOTE COMMUNICATION AND UNDERSTANDING ACROSS THE BOUNDARIES OF THE MANY DISCIPLINES INVOLVED IN MODERN IMAGING.THE JOURNAL OF ELECTRONIC IMAGING PUBLISHES BI-MONTHLY PAPERS IN ALL TECHNOLOGY AREAS THAT MAKE UP THE FIELD OF ELECTRONIC IMAGING AND ARE NORMALLY CONSIDERED IN THE DESIGN, ENGINEERING, AND APPLICATIONS OF ELECTRONIC IMAGING SYSTEMS.MEMBERS RECEIVE A CHOICE OF ONE JOURNAL AS PART OF THEIR MEMBERSHIP. ADDITIONAL INDIVIDUAL SUBSCRIPTIONS AND/OR SINGLE ISSUES ARE AVAILABLE FOR A FEE.
STANDARDS ACTIVITIES: IS&T OVERSEES THE STANDARDS DEVELOPED BY ISO/TC42 (THE ISO TECHNICAL COMMITTEE RESPONSIBLE FOR INTERNATIONAL PHOTOGRAPHY STANDARDS) CREATED IN 1947, MORE THAN 170 INTERNATIONAL PHOTOGRAPHY-RELATED STANDARDS HAVE BEEN DEVELOPED BY ISO/TC42 OVER THE YEARS. THESE INCLUDE ISO 5800, FOR MEASURING THE ISO SPEED OF COLOR NEGATIVE FILMS; ISO 18921, FOR EVALUATING THE LIFE EXPECTANCY OF OPTICAL DISCS; AND ISO 15740, FOR COMMUNICATING WITH DIGITAL CAMERAS. DUES ARE COLLECTED FROM US MEMBERS OF ISO/TC42 TO SUPPORT THE PROGRAM. THERE ARE SIX LEVELS AT WHICH AN INDIVIDUAL OR COMPANY MAY JOIN.
MEMBERSHIP ACTIVITIES: IS&T OFFERS INDIVIDUAL AND CORPORATE MEMBERSHIPS. WITHIN THE INDIVIDUAL CATEGORY, THERE ARE STUDENT, REGULAR, AND EMERITUS LEVELS OF MEMBERSHIP. MEMBERSHIP SUPPORTS THE MEMBER'S PROFESSIONAL DEVELOPMENT AND GROWTH BY PROVIDING ACCESS TO RELEVANT INFORMATION, OPPORTUNITIES TO NETWORK, AND VENUES FOR SHARING AND PUBLISHING RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne E Grinnan Executive Director | Officer | 43 | $162,105 |
Dr Susan Farnand President | OfficerTrustee | 1 | $0 |
Mr Scott Silence Immediate Past President | OfficerTrustee | 1 | $0 |
Dr Steven J Simske Immediate Past President | OfficerTrustee | 1 | $0 |
Ken Parulski Treasurer | OfficerTrustee | 1 | $0 |
Peter Morovi Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hilton San Francisco Union Square Conference Rooms, Food & Beverage | 12/30/16 | $110,983 |
Intuitive Business Concepts Llc It Consultants | 12/30/16 | $124,202 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $114,018 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,881 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,899 |
| Total Program Service Revenue | $891,855 |
| Investment income | $25,692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,586 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,588 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,082,620 |
| 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. | $192,281 |
| Compensation of current officers, directors, key employees. | $85,276 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $325,235 |
| Pension plan accruals and contributions | $33,254 |
| Other employee benefits | $47,437 |
| Payroll taxes | $34,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $796 |
| Fees for services: Accounting | $5,426 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $132,812 |
| Advertising and promotion | $29 |
| Office expenses | $54,178 |
| Information technology | $59,342 |
| Royalties | $0 |
| Occupancy | $21,336 |
| Travel | $6,759 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,166 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $294 |
| Insurance | $6,329 |
| All other expenses | $0 |
| Total functional expenses | $1,128,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,391 |
| Savings and temporary cash investments | $194,793 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,781 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $60,925 |
| Prepaid expenses and deferred charges | $75,758 |
| Net Land, buildings, and equipment | $29,000 |
| Investments—publicly traded securities | $358,745 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $814,393 |
| Accounts payable and accrued expenses | $137,888 |
| Grants payable | $0 |
| Deferred revenue | $345,750 |
| 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 | $483,638 |
| Net assets without donor restrictions | $204,798 |
| Net assets with donor restrictions | $125,957 |
| 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 | $814,393 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society For Imaging Science And Technology has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $132,437 |
| Earnings | -$6,490 |
| Net Contributions | $10 |
| Ending Balance | $125,957 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association For Laboratory Accreditation Frederick, MD | $14,574,609 | $21,308,917 |
Heart Rhythm Society Inc Washington, DC | $14,704,509 | $17,863,726 |
American Society For Engineering Education Washington, DC | $9,064,314 | $18,727,509 |
Information Technology Industry Council Ltd Washington, DC | $23,400,672 | $20,714,529 |
Pittsburgh Conference On Analytic Chemistry & Applied Spectroscopy Pittsburgh, PA | $11,511,370 | $3,897,054 |
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation Alexandria, VA | $27,096,439 | $20,779,074 |
Academy Of Natural Sciences Of Philadelphia Philadelphia, PA | $106,852,043 | $22,108,595 |
American Astronomical Society Washington, DC | $21,871,177 | $17,471,166 |
National Society Of Black Engineers Alexandria, VA | $28,465,255 | $16,810,333 |
North Carolina Biotechnology Center Research Triangle Park, NC | $36,440,488 | $16,619,048 |
Engineering Consulting Services Ltd Employee Benefit Plan Chantilly, VA | $4,513,025 | $18,551,401 |
Mitre Engenuity Incorporated Mclean, VA | $0 | $8,318,024 |