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Optical Society of America

Washington, DC · EIN 53-0259696 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Optical Society of America reported $61.8 million in revenue and $57.9 million in expenses for calendar year 2024. Of every $100 it spent, $92.22 went to program services, $7.78 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 73.5% of the total. The highest compensation it reported for one person was $3,192,334 (Former CEO). 77 people received more than $100,000 in reportable compensation. Revenue rose 25% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $58M

For context, the median across 314 covered diseases, disorders & medical disciplines charities: $88.73 programs, $10.89 management, $0.38 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $62M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 314 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
92.2%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
7.8%10.6%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.4%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.2%24.7%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.6%
Program service revenue share
Part VIII 2g ÷ 12
73.5%59.5%
Highest reported compensation
Part VII-A, columns D–F
$3,192,334$391,657
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
5.52%1.45%
People paid over $100,000
Part VII, line 2
7710
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
24.67.6
Independent voting board members
Part VI 1a–1b
16 of 16100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$40M expenses · 74.2% of program spending · grants $228K · revenue $42M

Technical production and dissemination of scientific content related to optics

$11M expenses · 20.1% of program spending · grants $940K · revenue $3.0M

Member Programs - The Organization develops and runs programs designed specifically for members in order to increase their knowledge of public policy career opportunities educational programs and programs designed to promote the global optics and photonics community

$3.1M expenses · 5.7% of program spending · grants $687K

Contributions to the Foundation: Optica matches donations to the Foundation on a one-to-one basis as well as contributes management services and funds to support the Foundations programs

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Former CEO
Officer, 37.50 hrs/week
$3,148,956$0$43,378$3,192,334
CEO
Officer, 37.50 hrs/week
$534,757$0$143,378$678,135
COO CIO
Officer, 37.50 hrs/week
$492,711$0$53,561$546,272
Chief Science and Technology Officer
Highest compensated employee, 37.50 hrs/week
$336,112$0$62,073$398,185
Former Optica Fnd Executive Director
Highest compensated employee, 37.50 hrs/week
$342,497$0$46,660$389,157
Chief Employee and Membership Engagement Officer
Highest compensated employee, 37.50 hrs/week
$302,733$0$39,134$341,867
Senior Director IT
Highest compensated employee, 37.50 hrs/week
$276,460$0$36,475$312,935
Senior Industry Advisor
Highest compensated employee, 37.50 hrs/week
$270,362$0$35,124$305,486

77 people received more than $100,000 in reportable compensation from Optical Society of America (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$62M$58M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$62M$58M92.2%$119M$3,192,334
2023 ⓘ$68M$52M81.2%$115M$1,381,055
2022 ⓘ$44M$48M86.3%$107M$847,830
2021 ⓘ$51M$37M91.1%$132M$811,534
2020 ⓘ$43M$40M91.3%$114M$737,178
2019 ⓘ$50M$46M91.3%$101M$727,276

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 16 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5173
  • Volunteers Part I, line 68,350

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Skadden Arp Slate Meagher & Flom LLP
Legal Services
$2,622,185
Akin Gump Strauss Hauer & Feld LLP
Legal Services
$2,446,812
Freeman Expositions
Conference & Event Management
$916,443
Freeman Audio Visual LLC
Conference & Event Management
$767,210
Centerplate
Catering
$518,096

Individuals listed as contractors are left out. 54 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Optical Society of America totaling $900 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Optical Society of America's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Optical Society of America, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All diseases, disorders & medical disciplines charities · Largest charities in District of Columbia

Questions people ask

How much of Optical Society of America's spending goes to programs?

In calendar year 2024, Optical Society of America reported that 92.2% of its $57.9 million in expenses went to program services, 7.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Optical Society of America pay its top executive?

The largest total compensation Optical Society of America reported for one person in calendar year 2024 was $3,192,334, for the role of Former CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Optical Society of America get its money?

Of $61.8 million in revenue in calendar year 2024, 1.2% came from contributions and grants and 73.5% from program service revenue (Form 990, Part VIII).

Is Optical Society of America a registered charity?

The IRS lists EIN 53-0259696 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543189349309444 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433209349325663 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349314120 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233199349318558 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143159349307849 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003179349308640 · read the filing

All filings for EIN 53-0259696: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.