Society Of Photo Optical Instrumentation Engineer
- Assets
- $137.3m
- Revenue
- $46.8m
- Investments
- $0.0
- Employees
- 198
- Location
- Bellingham, WA
- Founding
- 07/1971
- Data as of
- 12/2020
- EIN
- 95-2142678
Organization Overview
Society Of Photo Optical Instrumentation Engineer, operating under the name Spie, is located in Bellingham, WA. The organization was established in 1971. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Spie employed 198 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spie 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 12/2020, Spie generated $46.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $42.5m during the year ending 12/2020. While expenses have increased by 2.1% per year over the past 6 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, Spie has awarded 48 individual grants totaling $2,278,981. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SPIE IS AN INTERNATIONAL, NONPROFIT TECHNICAL SOCIETY DEDICATED TO ADVANCING SCIENTIFIC RESEARCH AND ENGINEERING APPLICATIONS OF OPTICAL, PHOTONIC, IMAGING AND OPTOELECTRONIC TECHNOLOGIES THROUGH ITS MEETINGS, EDUCATION PROGRAMS AND PUBLICATIONS.
Describe the Organization's Program Activity:
TECHNICAL EVENTS - IN 2020 SPIE'S TECHNICAL EVENTS WERE DRASTICALLY AFFECTED BY THE PANDEMIC. 3 MEETINGS WERE HELD IN-PERSON AT DIFFERENT LOCATIONS IN THE US AND THE REMAINING WERE HELD AS DIGITAL FORUMS. SPIE ORGANIZED TECHNICAL/SCIENTIFIC AND ENGINEERING MEETINGS WITH APPROXIMATELY 42,000 ATTENDEES. INCLUDED IN THE CONTENT OF THESE TECHNICAL EVENTS ARE BASIC RESEARCH, RESEARCH TECHNOLOGY METHODS AND APPLICATIONS. MANY OF OUR TECHNICAL EVENTS ALSO INCLUDE EXHIBITS AND A CAREER CENTER. THERE WERE 311 CONFERENCES HELD AT THE EVENTS IN 2020 WHERE SCIENTISTS PRESENTED THEIR RESEARCH FINDINGS AND COLLABORATED ON THEIR WORK. IN ADDITION TO THE CONFERENCES OFFERED AT THE 2020 TECHNICAL EVENTS, THERE WERE 84 IN-PERSON EDUCATIONAL COURSES.
PUBLICATIONS - SPIE HELPS THE SCIENTIST AUTHORS PUBLISH THEIR WORK VIA PUBLICATIONS AND JOURNALS. THE TECHNICAL PUBLICATIONS INCLUDE: BOOKS, JOURNALS, CONFERENCE PROCEEDINGS, CD-ROMS AND WEBSITE PRODUCTS. PROCEEDINGS OF THE CONFERENCE ARE TECHNICAL PUBLICATIONS THAT EDUCATE THE ENGINEERING COMMUNITY ABOUT CURRENT TECHNOLOGY, RESEARCH AND APPLICATIONS. WEBSITE LINKS ALLOW ACCESS TO PRODUCTS AND SERVICES USED BY SCIENTISTS AND ENGINEERS. APPROXIMATELY, 6,000 HARDCOPY BOOKS WERE SHIPPED IN 2020. SPIE IS ALSO THE PUBLISHER OF 12 TECHNICAL JOURNALS: OPTICAL ENGINEERING, JOURNAL OF BIOMEDICAL OPTICS, JOURNAL OF MICRO/NANO LITHOGRAPHY, MEMS AND MOEMS, JOURNAL OF NANOPHOTONICS, JOURNAL OF APPLIED REMOTE SENSING, JOURNAL OF PHOTONICS FOR ENERGY, JOURNAL OF ASTRONOMY TELESCOPES, JOURNAL OF MEDICAL IMAGING, JOURNAL OF NEUROPHOTONICS, JOURNAL OF ADVANCED PHOTONICS AND JOURNAL OF OPTICAL MICROSYSTEMS. SPIE IS ALSO A CO-PUBLISHER OF JOURNAL OF ELECTRONIC IMAGING WITH SOCIETY FOR IMAGING SCIENCE AND TECHNOLOGY. TOTAL CIRCULATION OF JOURNALS DURING 2020 WAS 25,000 SUBSCRIPTIONS, PRINT AND ONLINE.
EDUCATION - SPIE AWARDED 82 SCHOLARSHIPS, 19 EDUCATION OUTREACH GRANTS AND SUPPORTED 6 SCIENCE FAIRS. MORE THAN 700 OUTREACH POSTERS WERE DISTRIBUTED, AND OVER 1,700 WOMEN IN OPTICS PLANNERS WERE PRINTED AND DISTRIBUTED. WE HELD 2 CAREER SUMMIT EVENTS WITH OVER 20 COURSES AND WORKSHOPS IN ADDITION TO 2 STUDENT CHAPTER LEADERSHIP WORKSHOPS AND 3 STUDENT LUNCH WITH THE EXPERTS. SPIE ALSO PRESENTED 94 SHORT COURSES AND WORKSHOPS AND ISSUED 703 CERTIFICATES OF COMPLETION. SPIE ALSO OFFERS ON-DEMAND ONLINE COURSES.
MEMBERSHIP - IN 2020 SPIE PROVIDED $72,873 IN STUDENT CHAPTER TRAVEL SUPPORT FOR 67 STUDENT CHAPTERS AND $142,641 IN ACTIVITY GRANTS FOR 192 STUDENT CHAPTER GROUPS. AS PART OF OUR MEMBERSHIP PROGRAM, SPIE ALSO PROVIDES REDUCED DUES FOR STUDENTS AND MEMBERS FROM DEVELOPING NATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Rochford Chief Executive Officer | Officer | 36 | $646,280 |
Brad Ferguson Cofo | Officer | 36 | $346,945 |
Scott Ritchey Director, Information Technology | Officer | 36 | $240,014 |
Andrew Brown Sr. Director, Global Business Development | Officer | 36 | $233,970 |
Robert Hainsey Science & Technology Strategist | 36 | $196,035 | |
Marilyn Gorsuch Director, Technical Programs & Proceedings | Officer | 36 | $195,368 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Freeman On-site Decorator | 12/30/20 | $968,204 |
Marker Construction Inc Construction Company | 12/30/20 | $939,068 |
Projection Presentation Tech Audio Visual | 12/30/20 | $1,970,920 |
Igroup Ltd Consultant | 12/30/20 | $478,124 |
Ubs Financial Services Financial Advisor | 12/30/20 | $347,106 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,215 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,215 |
| Total Program Service Revenue | $34,780,779 |
| Investment income | $2,262,229 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $196,240 |
| Net Rental Income | $12,963 |
| Net Gain/Loss on Asset Sales | $4,607,939 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,847,935 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $958,075 |
| Grants and other assistance to domestic individuals. | $256,562 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,598,542 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,164,699 |
| Compensation of current officers, directors, key employees. | $1,709,036 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,385,266 |
| Pension plan accruals and contributions | $1,305,771 |
| Other employee benefits | $3,227,023 |
| Payroll taxes | $1,218,305 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,060 |
| Fees for services: Accounting | $143,108 |
| Fees for services: Lobbying | $110,735 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $347,106 |
| Fees for services: Other | $2,203,861 |
| Advertising and promotion | $529,366 |
| Office expenses | $1,281,434 |
| Information technology | $1,810,991 |
| Royalties | $201,097 |
| Occupancy | $403,299 |
| Travel | $485,046 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,784,117 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,599,545 |
| Insurance | $290,063 |
| All other expenses | $266,566 |
| Total functional expenses | $42,530,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,613,522 |
| Savings and temporary cash investments | $3,915,382 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,627,082 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $344,419 |
| Prepaid expenses and deferred charges | $4,583,004 |
| Net Land, buildings, and equipment | $7,750,197 |
| Investments—publicly traded securities | $107,042,122 |
| Investments—other securities | $0 |
| Investments—program-related | $6,394,906 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $137,270,634 |
| Accounts payable and accrued expenses | $5,028,724 |
| Grants payable | $0 |
| Deferred revenue | $11,728,905 |
| 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 | $2,975,968 |
| Other liabilities | $0 |
| Total liabilities | $19,733,597 |
| Net assets without donor restrictions | $115,419,203 |
| Net assets with donor restrictions | $2,117,834 |
| 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 | $137,270,634 |
Grants Awarded
Over the last fiscal year, Society Of Photo Optical Instrumentation Engineer has awarded $789,760 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Denver, CO PURPOSE: Endowment | $500,000 |
Orlando, FL PURPOSE: General support | $100,000 |
UNIVERSITY OF HOUSTON PURPOSE: Fellowship | $75,000 |
River Falls, WI PURPOSE: General Support | $50,000 |
MICHIGAN TECH UNIVERSITY PURPOSE: General Support | $21,300 |
East Aurora, NY PURPOSE: General support | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society Of Photo Optical Instrumentation Engineer has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Photo Optical Instrumentation Engineer Bellingham, WA | $137,270,634 | $46,847,935 |
Distributed Management Task Force Inc Portland, OR | $1,568,052 | $1,024,252 |
Airfuel Alliance Beaverton, OR | $389,403 | $370,633 |
Quality Certification Alliance Seattle, WA | $0 | -$41 |
International Phycological Society A California Nonproft Pub Ben Corp Seattle, WA | $1,170,762 | $246,537 |
International Ocular Circulation Society Portland, OR | $138,517 | $0 |
American Chemical Society Portland, OR | $465,971 | $0 |
American Association Of Drilling Engineers-Alaska Chapter Anchorage, AK | $46,520 | $0 |
Ctbuh Seattle Seattle, WA | $14,399 | $15,909 |
Chinese Institute Of Engineers Usa-Seattle Renton, WA | $168,403 | $12,471 |