Optical Society Of America Inc

Organization Overview

Optical Society Of America Inc, operating under the name Optica, is located in Washington, DC. The organization was established in 1956. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Optica employed 157 individuals. This organization is the central organization for a national or regional group of organizations. Optica 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, Optica generated $51.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $37.3m during the year ending 12/2021. While expenses have increased by 0.2% 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 2014, Optica has awarded 17 individual grants totaling $5,900,152. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE GENERATION, APPLICATION, AND ARCHIVING OF KNOWLEDGE OF OPTICS AND PHOTONICS AND TO DISSEMINATE THE KNOWLEDGE WORLDWIDE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPONSORSHIP OF CONVENTIONS AND TECHNICAL MEETINGS FOR MEMBERS AND OTHERS INTERESTED IN THE TECHNOLOGICAL AND MARKETING CHANGES IN THE INDUSTRY.


PUBLICATION OF JOURNALS AND SCIENTIFIC MATERIALS RELATED TO OPTICS.


MEMBER AND OUTREACH SERVICES FOR THOSE INTERESTED IN THE FIELD OF OPTICS


CONTRIBUTIONS TO OPTICA FOUNDATION WHICH IS DEDICATED TO SUPPORTING THE PHILANTHROPIC WORK OF OPTICA IN PROMOTING THE GENERATION, APPLICATION, ARCHIVING AND WORLDWIDE DISSEMINATION OF KNOWLEDGE IN OPTICS AND PHOTONICS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Matter Pr Ltd
Pr Services
$559,893
Vertex Communications
Marketing Services
$599,697
Wilkinson Associates
Conference Services
$268,360
Cdw Direct
Computer Hardware And Sofware
$500,879
Lumina Datamatics Inc
Publishing Services
$455,981
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,304,617
All other contributions, gifts, grants, and similar amounts not included above$535,825
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,840,442
Total Program Service Revenue$35,390,116
Investment income $4,189,264
Tax Exempt Bond Proceeds $0
Royalties $106,311
Net Rental Income $66,153
Net Gain/Loss on Asset Sales $5,411,384
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $51,003,670

Grants Awarded

Over the last fiscal year, Optical Society Of America Inc has awarded $1,542,726 in support to 3 organizations.

Grant RecipientAmount

OPTICA FOUNDATION

Org PageRecipient Profile

Washington, DC

PURPOSE: Matching funds

$1,282,726

THE UNIVERSITY OF ARIZONA

PURPOSE: Contribution

$250,000

THE AMERICAN CERAMIC SOCIETY

Org PageRecipient Profile

Westerville, OH

PURPOSE: Conference support

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Optical Society Of America Inc has recieved totaling $10,200.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$10,200
View Grant Recipient Profile

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