American Sports Medicine Institute Inc
- Assets
- $263.2k
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 08/1987
- Data as of
- 06/2022
- EIN
- 63-0952490
Organization Overview
American Sports Medicine Institute Inc is located in St Louis, MO. The organization was established in 1987. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Sports Medicine Institute 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 06/2022, American Sports Medicine Institute Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 3.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND RESEARCH IN ORTHOPAEDICS AND SPORTS MEDICINE TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN SPORTS MEDICINE INSTITUTE, INC. (ASMI) IS A 501(C)(3) NOT-FOR-PROFIT SPORTS MEDICINE RESEARCH AND EDUCATION FOUNDATION LOCATED AT ST. VINCENT'S HOSPITAL IN BIRMINGHAM, ALABAMA. ASMI WAS FOUNDED IN 1987 BY RENOWNED ORTHOPAEDIC SURGEON DR. JAMES R. ANDREWS. THE MISSION OF ASMI IS TO IMPROVE THE UNDERSTANDING, PREVENTION AND TREATMENT OF SPORTS-RELATED INJURIES THROUGH RESEARCH AND EDUCATION. AMERICAN SPORTS MEDICINE INSTITUTE, INC. FEATURES A STATE-OF-THE-ART BIOMECHANICS LABORATORY, A SPORTS MEDICINE LIBRARY, AND A SKILLS LAB FOR ARTHROSCOPIC TRAINING AND CADAVERIC RESEARCH. ASMI IS THE NATION'S LARGEST ACCREDITED EDUCATOR OF SPORTS MEDICINE PHYSICIANS WITH GRADUATES LOCATED IN FORTY-FOUR STATES, PUERTO RICO, AND TEN FOREIGN COUNTRIES. IN JULY, 2021, 10 ORTHOPAEDIC SURGEONS AND PRIMARY CARE SPORTS MEDICINE PHYSICIANS AS WELL AS 1 ATHLETIC TRAINER GRADUATED FROM ASMI'S SPORTS MEDICINE FELLOWSHIPS BRINGING OUR TOTAL NUMBER OF GRADUATES TO 459. ASMI CONTINUES TO BE THE LARGEST TRAINER OF SPORTS MEDICINE PHYSICIANS IN THE US. IN JANUARY 2022, ASMI CONDUCTED OUR 40TH ANNUAL INJURIES IN BASEBALL COURSE. THIS COURSE IS THE LONGEST RUNNING COURSE OF ITS KIND. BETWEEN JULY 2021 - JUNE 2022, ASMI CONTINUED TO DEVELOP AND SPONSOR OTHER EDUCATIONAL PROGRAMS, CONDUCT SCIENTIFIC RESEARCH AND CONTINUE OTHER CHARITABLE ACTIVITIES. 30 RESEARCH STUDIES WERE PUBLISHED IN THE PROFESSIONAL LITERATURE DURING THIS TIME PERIOD. ANNUALLY ON AVERAGE MORE THAN 15,000 PRE-PARTICIPATION SPORTS PHYSICALS ARE CONDUCTED FOR MIDDLE AND HIGH SCHOOL STUDENTS IN THE COMMUNITY BY ASMI STAFF, FELLOWS, AND ATTENDING EACH YEAR. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY22.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Ex-Officio/ceo, Ministry Market Executive | OfficerTrustee | 0 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary/treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Director (start 10/2021) | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $100,750 |
| Related organizations | $2,779,808 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $400,372 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,280,930 |
| Total Program Service Revenue | $174,317 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $52,725 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$39,585 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,801 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,485,270 |
| 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. | $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 | $16,706 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,062 |
| Advertising and promotion | $42,962 |
| Office expenses | $7,609 |
| Information technology | $105,058 |
| Royalties | $0 |
| Occupancy | $147,704 |
| Travel | $19,616 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,707 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,914 |
| Insurance | $0 |
| All other expenses | $96,563 |
| Total functional expenses | $2,680,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $131,910 |
| 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 | $50,588 |
| Net Land, buildings, and equipment | $14,664 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $66,020 |
| Total assets | $263,182 |
| Accounts payable and accrued expenses | $116,684 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $204,850 |
| Total liabilities | $321,534 |
| Net assets without donor restrictions | -$190,262 |
| Net assets with donor restrictions | $131,910 |
| 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 | $263,182 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Orthopaedic Society For Sports Medicine Rosemont, IL | $21,900,137 | $9,235,602 |
American Orthopaedic Association Rosemont, IL | $16,935,289 | $4,357,489 |
Association Of Bone & Joint Surgeons Schaumburg, IL | $37,269,330 | $4,409,182 |
American Sports Medicine Institute Inc St Louis, MO | $263,182 | $3,485,270 |
American Osteopathic Academy Of Orthopedics Richmond, VA | $5,509,476 | $2,851,906 |