Civic Intelligence

International Skeletal Society Inc

EIN 23-7366930 • 501(c)3 • East Dundee, IL

Profile

The mission of the international skeletal society, inc. Is to bring together, through an educational nonprofit society, radiologists, pathologists, orthopedic surgeons and other specialists dedicated to the furtherance of the art and science of musculoskeletal imaging and to the understanding, diagnosis and therapy of musculoskeletal disorders.

1061 E Main Street Suite 300East Dundee, IL 60118

internationalskeletalsociety.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.07x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

59th percentile

0.13x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

21st percentile

-10%

Higher net margin than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

36th percentile

-0.8%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

19th percentile

-15%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$2,399,867

Down $291,514 (-11%) from 2023

Liabilities

Down

$70,653

Down $119,916 (-63%) from 2023

Net Assets

Down

$2,329,214

Down $171,598 (-6.9%) from 2023

Revenue

Up

$1,574,034

Up $286,505 (+22%) from 2023

Expenses

Up

$1,757,930

Up $495,817 (+39%) from 2023

Net Income

Down

-$183,896

Down $209,312 (-824%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,058,169Liabilities 2011: $44,755Net Assets 2011: $1,013,4142011Assets 2012: $1,095,201Liabilities 2012: $63,463Net Assets 2012: $1,031,7382012Assets 2013: $1,167,578Liabilities 2013: $36,310Net Assets 2013: $1,131,2682013Assets 2014: $1,480,162Liabilities 2014: $105,334Net Assets 2014: $1,374,8282014Assets 2015: $1,502,118Liabilities 2015: $152,333Net Assets 2015: $1,349,7852015Assets 2016: $1,744,991Liabilities 2016: $195,009Net Assets 2016: $1,549,9822016Assets 2017: $2,007,300Liabilities 2017: $158,863Net Assets 2017: $1,848,4372017Assets 2018: $2,223,711Liabilities 2018: $259,764Net Assets 2018: $1,963,9472018Assets 2019: $2,151,179Liabilities 2019: $116,161Net Assets 2019: $2,035,0182019Assets 2020: $2,280,316Liabilities 2020: $119,782Net Assets 2020: $2,160,5342020Assets 2021: $2,392,194Liabilities 2021: $14,750Net Assets 2021: $2,377,4442021Assets 2022: $2,558,382Liabilities 2022: $78,076Net Assets 2022: $2,480,3062022Assets 2023: $2,691,381Liabilities 2023: $190,569Net Assets 2023: $2,500,8122023Assets 2024: $2,399,867Liabilities 2024: $70,653Net Assets 2024: $2,329,2142024

Highlighted filing

2024

Assets$2,399,867
Liabilities$70,653
Net Assets$2,329,214

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $903,8732011Expenses 2012: $880,1122012Expenses 2013: $997,1452013Revenue 2014: $944,530Expenses 2014: $744,811Net Income 2014: $199,7192014Revenue 2015: $1,130,417Expenses 2015: $987,439Net Income 2015: $142,9782015Revenue 2016: $978,296Expenses 2016: $788,632Net Income 2016: $189,6642016Revenue 2017: $1,260,012Expenses 2017: $998,029Net Income 2017: $261,9832017Revenue 2018: $1,178,288Expenses 2018: $1,091,029Net Income 2018: $87,2592018Revenue 2019: $1,262,357Expenses 2019: $1,176,446Net Income 2019: $85,9112019Revenue 2020: $1,011,493Expenses 2020: $884,545Net Income 2020: $126,9482020Revenue 2021: $521,620Expenses 2021: $331,028Net Income 2021: $190,5922021Revenue 2022: $607,034Expenses 2022: $480,199Net Income 2022: $126,8352022Revenue 2023: $1,287,529Expenses 2023: $1,262,113Net Income 2023: $25,4162023Revenue 2024: $1,574,034Expenses 2024: $1,757,930Net Income 2024: -$183,8962024

Highlighted filing

2024

Revenue$1,574,034
Expenses$1,757,930
Net Income-$183,896

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.40$0.07$2.33$1.57$1.76$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.69$0.19$2.50$1.29$1.26$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.56$0.08$2.48$0.61$0.48$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.39$0.01$2.38$0.52$0.33$0.19
2020Detailed filing. Detailed filing data is available for this year.$2.28$0.12$2.16$1.01$0.88$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.15$0.12$2.04$1.26$1.18$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.22$0.26$1.96$1.18$1.09$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.01$0.16$1.85$1.26$1.00$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.74$0.20$1.55$0.98$0.79$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.50$0.15$1.35$1.13$0.99$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.48$0.11$1.37$0.94$0.74$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.04$1.13$1.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.06$1.03$0.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.04$1.01$0.90
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,574,034
Mission and Program Overview

Mission

The mission of the international skeletal society, inc. Is to bring together, through an educational nonprofit society, radiologists, pathologists, orthopedic surgeons and other specialists dedicated to the furtherance of the art and science of musculoskeletal imaging and to the understanding, diagnosis and therapy of musculoskeletal disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,412,827$2,153,897▼ $258,930
Investments in Publicly Traded Securities$109,213$121,818▲ $12,605
Prepaid Expenses and Deferred Charges$167,526$97,631▼ $69,895
Accounts Receivable$1,815$26,521▲ $24,706
Total Assets$2,691,381$2,399,867▼ $291,514
Liabilities
Deferred Revenue$118,343$68,151▼ $50,192
Accounts Payable and Accrued Expenses$72,226$2,502▼ $69,724
Total Liabilities$190,569$70,653▼ $119,916
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,500,812$2,329,214▼ $171,598
Total Net Assets Fund Balance$2,500,812$2,329,214▼ $171,598
Total Liabilities and Net Assets / Fund Balance$2,691,381$2,399,867▼ $291,514
Compensation and Service Providers

Board Members and Trustees

NameTitle
Juerg Hodler Md MbaPresident
Michael J Tuite MdPresident El
Eva Llopis MdDirector at
Marcelo Bordalo MdDirector at
Patrizia Bacchini MdDirector at
Mark Murphey MdCommitee Co-
Miriam Bredella MdCommittee Ch
SUE O'SULLIVANExecutive Di
Michael P Recht MdImmed Past P
Julie Fanburg-smith MdMbr Program
Bruce Forster MdMembers-at-l
Donna BlankenbakerMembers-at-l
Hidetaka YamamotoMembers-at-l
Laura FayadMembers-at-l
Roberto GarciaMembers-at-l
Christine Chung MdSecretary
Anne Cotten MdTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$124,250
Program Service Revenue
$1,418,345
Investment Income
$31,439
Other Revenue
$0
Change in Net Assets
$-183,896
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,647,930
Grants and Similar Amounts Paid$110,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,100,884$4,000-$1,104,884
Fees for Services Management-$145,851-$145,851
Travel$111,575$3,009-$114,584
Foreign Grants$62,500--$62,500
Grants to Domestic Orgs$47,500--$47,500
Information Technology-$26,764-$26,764
Other Expenses$22,555$53,715-$22,555
Insurance-$15,651-$15,651
Fees for Services Other$15,200--$15,200
Office Expenses$8,941$6,170-$15,111
Fees for Services Accounting-$11,604-$11,604
All Other Expenses$1,470$6,684-$8,154
Advertising-$6,539-$6,539
Fees for Services Legal-$4,547-$4,547
Total Functional Expenses$1,473,396$284,534$0$1,757,930
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Massachusetts General HospitalBoston, MA501c3Research$30,000
University of CaliforniaLos Angeles, CA501c3-$15,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The society has contracted with veritas association management to provide administration and event management services.

Form 990, Page 6, Part VI, Line 7A

Officers of the society are elected at the annual business meeting for a term of two years. Each officer position has a maximum amount of terms that can be served. A nominating committee shall nominate one candidate for each office. The other members are given an opportunity to nominate candidates. Each person nominated must give their consent in all cases where more than one person shall be nominated for the same office. Votes shall be cast by the members of the society by secret ballot.

Form 990, Page 6, Part VI, Line 11B

An independent certified public accounting firm prepares the society's form 990 and submits the form to the society's management company for review. The management company submits the form to the society's treasurer for review. An electronic copy of the form is also provided to all voting members of the board for review. Questions and comments on the form by the treasurer and board are directed back to the accounting firm and management company for resolution. After all discussion points are resolved, the forms are finalized and provided to the treasurer for final review and signature.

Form 990, Page 6, Part VI, Line 12C

All officers, trustees, directors, committee chairs, committee members and other volunteers are required to disclose all actual or potential, financial or non-financial, major or minor interests which he/she may have in any matter pending before the society that could be construed as resulting in a conflict of interest. Disclosure must be made annually.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
International Skeletal Society Inc
EIN
23-7366930
Phone
8477526245
Address
1061 E MAIN STREET SUITE 300, EAST DUNDEE, IL 60118

Signing Officer

Name
SUE O'SULLIVAN
Title
Executive Director
Phone
8477526245
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Juerg Hodler Md Mba
Formed
1973
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
17

Preparer

Firm
Miller Verchota Inc Cpas
Address
444 N IL ROUTE 31 STE 104, CRYSTAL LAKE, IL 60012
Preparer
Mary R Miller Cpaabv
Phone
8154778000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the international skeletal society, inc. Is to bring together, through an educational nonprofit society, radiologists, pathologists, orthopedic surgeons and other specialists dedicated to the furtherance of the art and science of musculoskeletal imaging and to the understanding, diagnosis and therapy of musculoskeletal disorders.

Form 990, Page 2, Part III, Line 4D

Educational offerings including the intersociety musculoskeletal lecture series.

Financial Statement Notes

Schedule D, Page 3, Part X

The society is a qualified nonprofit section 501(c)(3) organization and is exempt from federal income taxes under section 501(a) of the internal revenue code. Accordingly, the financial statements contain no provision for federal income taxes. However, income from certain activities not directly related to the society's tax-exempt purpose is subject to taxation as unrelated business income. The society did not engage in any unrelated business activities during the fiscal year. As of may 31, 2023, the society has not incurred any interest or penalties on its income tax returns. The tax returns are subject to possible examination by the taxing authorities. For federal income tax purposes, the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt9MBR PROGRAM
IRS990/Form990PartVIISectionAGrp/TitleTxt10COMMITEE CO-
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IRS990/MissionDesc0THE MISSION OF THE INTERNATIONAL SKELETAL SOCIETY, INC. IS TO BRING TOGETHER, THROUGH AN EDUCATIONAL NONPROFIT SOCIETY, RADIOLOGISTS, PATHOLOGISTS, ORTHOPEDIC SURGEONS AND OTHER SPECIALISTS DEDICATED TO THE FURTHERANCE OF THE ART AND SCIENCE OF MUSCULOSKELETAL IMAGING AND TO THE UNDERSTANDING, DIAGNOSIS AND THERAPY OF MUSCULOSKELETAL DISORDERS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE SOCIETY PUBLISHES THE SKELETAL RADIOLOGY JOURNAL, WHICH IS A PROFESSIONAL JOURNAL FOR RADIOLOGY AND RELATED FIELDS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0EDUCATIONAL OFFERINGS INCLUDING THE INTERSOCIETY MUSCULOSKELETAL LECTURE SERIES.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SOCIETY IS A QUALIFIED NONPROFIT SECTION 501(C)(3) ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE FINANCIAL STATEMENTS CONTAIN NO PROVISION FOR FEDERAL INCOME TAXES. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SOCIETY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE SOCIETY DID NOT ENGAGE IN ANY UNRELATED BUSINESS ACTIVITIES DURING THE FISCAL YEAR. AS OF MAY 31, 2023, THE SOCIETY HAS NOT INCURRED ANY INTEREST OR PENALTIES ON ITS INCOME TAX RETURNS. THE TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES. FOR FEDERAL INCOME TAX PURPOSES, THE TAX RETURNS ESSENTIALLY REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE DATE ON WHICH THOSE RETURNS ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0RESEARCH AWARD
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1RESEARCH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2RESEARCH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3RESEARCH
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE ISS SEED GRANT COMPETITION IS ONLY OPEN TO CLINICAL SCIENTISTS AT OR JUST BEYOND THE POSTGRADUATE, FELLOW AND JUNIOR FACULTY LEVELS WORKING IN MUSKULOSKELETAL IMAGING OR PATHOLOGY RESEARCH IN ACADEMIA OR RESEARCH INSTITUTIONS. RESULTS OF THE RESEARCH ARE PRESENTED AT THE FOLLOWING YEAR'S ANNUAL MEETING. UNUSED FUNDS ARE REFUNDED TO THE SOCIETY.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
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