Civic Intelligence

Society for Immunotherapy of Cancer Inc

EIN 39-1554806 • 501(c)3 • Milwaukee, WI

Profile

To improve cancer patient outcomes by advancing the science, development and application of cancer immunology and immunotherapy through our core values of interaction/integration, innovation, translation and leadership in the field. Sitc aims to make cancer immunotherapy a standard of care and the word "cure" a reality for cancer patients everywhere.

555 E Wells Street 1100Milwaukee, WI 53202

www.sitcancer.org

Siviq Scores

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

Liabilities / Assets

34th percentile

0.07x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.12x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

18th percentile

-10%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

22nd percentile

-2.7%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-16%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$21,858,862

Down $600,206 (-2.7%) from 2023

Liabilities

Up

$1,553,613

Up $99,395 (+6.8%) from 2023

Net Assets

Down

$20,305,249

Down $699,601 (-3.3%) from 2023

Revenue

Down

$12,836,586

Down $2,374,977 (-16%) from 2023

Expenses

Down

$14,136,449

Down $1,147,922 (-7.5%) from 2023

Net Income

Down

-$1,299,863

Down $1,227,055 (-1685%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $806,313Liabilities 2011: $64,153Net Assets 2011: $742,1602011Assets 2012: $948,364Liabilities 2012: $45,863Net Assets 2012: $902,5012012Assets 2013: $1,970,696Liabilities 2013: $92,626Net Assets 2013: $1,878,0702013Assets 2014: $3,271,609Liabilities 2014: $707,886Net Assets 2014: $2,563,7232014Assets 2015: $5,762,528Liabilities 2015: $195,990Net Assets 2015: $5,566,5382015Assets 2016: $9,222,620Liabilities 2016: $200,678Net Assets 2016: $9,021,9422016Assets 2017: $13,410,643Liabilities 2017: $1,733,967Net Assets 2017: $11,676,6762017Assets 2018: $14,883,434Liabilities 2018: $966,592Net Assets 2018: $13,916,8422018Assets 2019: $17,497,919Liabilities 2019: $700,248Net Assets 2019: $16,797,6712019Assets 2020: $16,830,653Liabilities 2020: $1,348,267Net Assets 2020: $15,482,3862020Assets 2021: $21,926,685Liabilities 2021: $3,143,246Net Assets 2021: $18,783,4392021Assets 2022: $24,306,761Liabilities 2022: $3,906,544Net Assets 2022: $20,400,2172022Assets 2023: $22,459,068Liabilities 2023: $1,454,218Net Assets 2023: $21,004,8502023Assets 2024: $21,858,862Liabilities 2024: $1,553,613Net Assets 2024: $20,305,2492024

Highlighted filing

2024

Assets$21,858,862
Liabilities$1,553,613
Net Assets$20,305,249

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $1,118,267Expenses 2011: $1,084,234Net Income 2011: $34,0332011Revenue 2012: $1,606,133Expenses 2012: $1,445,792Net Income 2012: $160,3412012Revenue 2013: $2,847,770Expenses 2013: $1,872,201Net Income 2013: $975,5692013Revenue 2014: $3,819,291Expenses 2014: $3,133,638Net Income 2014: $685,6532014Revenue 2015: $8,336,540Expenses 2015: $5,333,725Net Income 2015: $3,002,8152015Revenue 2016: $10,675,858Expenses 2016: $7,220,454Net Income 2016: $3,455,4042016Revenue 2017: $11,662,573Expenses 2017: $9,007,839Net Income 2017: $2,654,7342017Revenue 2018: $13,622,016Expenses 2018: $11,381,850Net Income 2018: $2,240,1662018Revenue 2019: $13,947,573Expenses 2019: $11,066,744Net Income 2019: $2,880,8292019Revenue 2020: $6,573,551Expenses 2020: $8,071,441Net Income 2020: -$1,497,8902020Revenue 2021: $14,185,558Expenses 2021: $11,322,716Net Income 2021: $2,862,8422021Revenue 2022: $17,242,766Expenses 2022: $14,244,820Net Income 2022: $2,997,9462022Revenue 2023: $15,211,563Expenses 2023: $15,284,371Net Income 2023: -$72,8082023Revenue 2024: $12,836,586Expenses 2024: $14,136,449Net Income 2024: -$1,299,8632024

Highlighted filing

2024

Revenue$12,836,586
Expenses$14,136,449
Net Income-$1,299,863

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$1.55$20.3$12.8$14.1$1.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.5$1.45$21.0$15.2$15.3$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.3$3.91$20.4$17.2$14.2$3.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$3.14$18.8$14.2$11.3$2.86
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.8$1.35$15.5$6.57$8.07$1.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$0.70$16.8$13.9$11.1$2.88
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$0.97$13.9$13.6$11.4$2.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$1.73$11.7$11.7$9.01$2.65
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.22$0.20$9.02$10.7$7.22$3.46
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.76$0.20$5.57$8.34$5.33$3.00
2014Summary only. Only limited summary data is available for this year.$3.27$0.71$2.56$3.82$3.13$0.69
2013Summary only. Only limited summary data is available for this year.$1.97$0.09$1.88$2.85$1.87$0.98
2012Summary only. Only limited summary data is available for this year.$0.95$0.05$0.90$1.61$1.45$0.16
2011Summary only. Only limited summary data is available for this year.$0.81$0.06$0.74$1.12$1.08$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$17,739,845
Mission and Program Overview

Mission

To improve cancer patient outcomes by advancing the science, development and application of cancer immunology and immunotherapy through our core values of interaction/integration, innovation, translation and leadership in the field. Sitc aims to make cancer immunotherapy a standard of care and the word "cure" a reality for cancer patients everywhere.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,838,342$9,541,641▲ $3,703,299
Investments in Publicly Traded Securities$8,823,503$7,578,556▼ $1,244,947
Savings and Temporary Cash Investments$6,492,322$6,520,387▲ $28,065
Accounts Receivable$472,565$332,055▼ $140,510
Pledges and Grants Receivable$136,521$181,000▲ $44,479
Prepaid Expenses and Deferred Charges$149,035$148,639▼ $396
Inventories for Sale or Use$1,091$4,483▲ $3,392
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$21,926,685$24,306,761▲ $2,380,076
Other Assets Total$13,306$0▼ $13,306
Liabilities
Accounts Payable and Accrued Expenses$1,115,768$2,046,074▲ $930,306
Deferred Revenue$2,027,478$1,860,470▼ $167,008
Total Liabilities$3,143,246$3,906,544▲ $763,298
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,636,189$18,294,652▲ $1,658,463
Net Assets With Donor Restrictions$2,147,250$2,105,565▼ $41,685
Total Net Assets Fund Balance$18,783,439$20,400,217▲ $1,616,778
Total Liabilities and Net Assets / Fund Balance$21,926,685$24,306,761▲ $2,380,076

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$28,836$28,836

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,690,822$697,943-$273,200$2,115,565
2021-$1,840,822-$150,000$1,690,822
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christian Capitini MdDirector-$6,500$6,500
Leisha Emens Md PhdVice PresidentPT$5,000$5,000
Jennifer Wargo Md MmscDirector-$2,500$2,500
Ann Silk Md MsDirector-$2,000$2,000
Jennifer Guerriero PhdDirector-$2,000$2,000

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Executive Director INCManagement555 E WELLS ST STE 1100, Milwaukee, WI 53202$5,983,764
Cornerstone Government Affairs INCConsulting300 INDEPENDENCE AVE SE, Washington, DC 20003$180,000
Revenue and Support

Revenue Composition

Contributions and Grants
$4,171,964
Program Service Revenue
$12,615,726
Investment Income
$192,881
Other Revenue
$262,195
All Other Contributions
$4,171,964
Change in Net Assets
$2,997,946

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,214,171
Revenue Not Reported on Financial Statements
$28,595
Revenue Not Reported on Form 990
$-1,347,862
Total Revenue per Audited Statements
$15,866,309
Total Revenue per Form 990
$17,242,766
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,534,576
Total Fundraising Expense$807,859
Grants and Similar Amounts Paid$692,244
Salaries, Compensation, and Employee Benefits$18,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$4,840,563$1,119,201$24,000$5,983,764
Conferences and Meetings$4,425,774$69,595$753,501$5,248,870
Grants to Domestic Orgs$685,589--$685,589
Information Technology$476,251$86,942-$563,193
Travel$384,279$71,029$1,107$456,415
Advertising$356,331$60,228$12,109$428,668
Fees for Services Other$180,723--$180,723
Office Expenses$27,055$12,151$15,516$54,722
Other Expenses$30,294$3,925$1,626$34,219
Fees for Service Investment Mgmnt Fees-$28,595-$28,595
All Other Expenses$6,719$19,017-$25,736
Current Officers, Directors, Trustees, and Key Employees$18,000--$18,000
Fees for Services Accounting-$15,600-$15,600
Insurance-$9,408-$9,408
Grants to Domestic Individuals$6,655--$6,655
Fees for Services Legal-$3,713-$3,713
Total Functional Expenses$11,794,270$1,642,691$807,859$14,244,820

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,249,531
Total Expenses per Form 990$14,244,820
Expenses per Audited Statements$14,216,225
Expenses Not Reported on Form 990$33,306
Expenses Not Reported on Financial Statements$28,595
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fred Hutchinson Cancer Research CenterSeattle, WA501(c)(3)Fellowship Award$100,000
Memorial Sloan-kettering Cancer CenterNew York, NY501(c)(3)Fellowship Award$100,000
The University of Texas Md Anderson Cancer CenterHouston, TX501(c)(3)Fellowship Award$95,589
THE CHILDREN'S HOSPITAL OF PHILADELPHIAPhiladelphia, PA501(c)(3)Fellowship Award$75,000
Massachusetts General HospitalBoston, MA501(c)(3)Fellowship Award$70,000
Dana-farber Cancer InstituteBoston, MA501(c)(3)Fellowship Award$50,000
Regents of the University of CaliforniaSan Francisco, CA501(c)(3)Fellowship Award$50,000
University of FloridaGainesville, FL501(c)(3)Fellowship Award$50,000
Massachusetts Institute of TechnologyCambridge, MA501(c)(3)Fellowship Award$25,000
University of UtahSalt Lake City, UT501(c)(3)Fellowship Award$25,000
Weill Medical College of Cornell UniversityNew York, NY501(c)(3)Fellowship Award$25,000
Yale UniversityNew Haven, CT501(c)(3)Fellowship Award$20,000

International Summary

Offices
0
Employees
11
Spending
$34,125

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Program ServicesJournal Editorial010$34,000
South AsiaProgram ServicesJournal Editorial01$125
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$68,791
Fundraising Direct Expenses$33,306
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
BUDDY GUY'S FUNDRAISING$68,791$68,791$33,306$35,485
Total Events$68,791$68,791$33,306$35,485
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Line 3 explanation - sitc is in contract with executive director, inc., an association management company.

Form 990, Part VI, Section A, Line 6

Line 6 explanation - the society consists of nine classes of membership: regular, emeritus, affiliate, student and scientist-in-training, allied health, nurse and advanced practice provider, patient and patient advocate, pharmacist and corporate.

Form 990, Part VI, Section A, Line 7A

Line 7a explanation - regular and emeritus members in good standing are entitled to vote on the election of the officers-directors of the society. Voting takes place each year at the annual scientific and business meeting unless previously held by written ballot.

Form 990, Part VI, Section A, Line 7B

Line 7b explanation - only regular and emeritus members in good standing are entitled to vote on all matters to be voted on by members of the society.

Form 990, Part VI, Section B, Line 11B

Line 11b explanation - the form 990 and all applicable schedules are distributed to the finance committee for review and discussion. The finance committee recommends the board to approve the form 990. Once approved, the 990 tax form is signed by a selected officer and filed with the irs.

Form 990, Part VI, Section B, Line 12C

Members of the board of directors, executive council, and committee chairs are covered under the policy. Any possible conflicts of interest disclosed are reviewed by the executive director and are brought forward to the board of directors for further investigation, review and determination of the appropriate disciplinary actions. Possible conflicts disclosed before a meeting are reviewed by the president, presiding officer or committee chair person to determine whether or not the conflict is inappropriate for the member to contribute to the conversation. The restrictions imposed on persons with a conflict are withdrawal from discussion and voting on the matter.

Form 990, Part VI, Section B, Line 15

Sitc does not compensate any of its officers or board members. The society also does not have anyone that fits the definition of a key employee. Sitc is managed by executive director, inc., a for-profit management company. Sitc has no official employees because all staff assigned to sitc are employees of the management company. Sitc does not compensate any of its officers or board members. The society also does not have anyone that fits the definition of a key employee.

Form 990, Part VI, Section C, Line 19

Sitc makes its governing documents, conflict of interest policy, and form 990 available for public inspection upon request. Request should be made to the sitc office and documents are provided within a reasonable timeframe via mail or e-mail. The bylaws can also be found on the sitc website.

Filing and Contact Details

Filer

Filer Name
Society for Immunotherapy of
EIN
39-1554806
Phone
4142712456
Address
555 E WELLS STREET 1100, MILWAUKEE, WI 53202

Signing Officer

Name
Jedd Wolchok Md Phd
Title
Secretary/treasurer
Phone
4142712456
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leisha Emens Md Phd
Formed
1986
Legal Domicile
Wi
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Ritz Holman Llp
Address
330 E KILBOURN AVE SUITE 550, MILWAUKEE, WI 53202
Preparer
Katy L Sommer
Phone
4142711451
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income tax under section 501(c)(3) of the internal revenue code and is classified as other than a private foundation. However, income from certain activities (primarily advertising income) not directly related to the organization's tax exempt purpose is subject to taxation as unrelated business income. Unrelated business income tax expense for the year ended december 31, 2022, was $57,299. An unrelated business income tax payable of $8,401 was recorded as of december 31, 2022. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of december 31, 2022, the organization had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The organization does not anticipate any significant changes to unrecognized income tax benefits over the next year.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising event expenses included in revenue 33,306.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising event expenses included in revenue 33,306.

Raw XML AppendixShowing 400 of 796 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt0332055
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO IMPROVE CANCER PATIENT OUTCOMES BY ADVANCING THE SCIENCE, DEVELOPMENT AND APPLICATION OF CANCER IMMUNOLOGY AND IMMUNOTHERAPY THROUGH OUR CORE VALUES OF INTERACTION/INTEGRATION, INNOVATION, TRANSLATION AND LEADERSHIP IN THE FIELD. SITC AIMS TO MAKE CANCER IMMUNOTHERAPY A STANDARD OF CARE AND THE WORD "CURE" A REALITY FOR CANCER PATIENTS EVERYWHERE.
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IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0THE SOCIETY FOR IMMUNOTHERAPY OF CANCER'S (SITC) 37TH ANNUAL MEETING & PRE-CONFERENCE PROGRAMS (SITC 2022) PROVIDED A MULTIDISCIPLINARY EDUCATIONAL AND INTERACTIVE ENVIRONMENT FOCUSED ON IMPROVING THE OUTCOME FOR CURRENT AND FUTURE PATIENTS WITH CANCER BY INCORPORATING STRATEGIES BASED ON BASIC AND APPLIED CANCER IMMUNOTHERAPY. THE ANNUAL MEETING CONSISTED OF CUTTING-EDGE RESEARCH PRESENTATIONS BY EXPERTS IN THE FIELD, ORAL AND POSTER ABSTRACT PRESENTATIONS AND AMPLE OPPORTUNITY FOR STRUCTURED AND INFORMAL DISCUSSIONS, INCLUDING IMPORTANT NETWORKING OPPORTUNITIES. IN ADDITION, THE MEETING INCLUDES UPDATES ON MAJOR NATIONAL AND INTERNATIONAL INITIATIVES COMING FROM ACADEMIA, GOVERNMENT AND INDUSTRY, AS WELL AS IMPORTANT SOCIETY PROJECTS.
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