Optical Society of America Inc
92% goes to programs $0 to raise $100 Strong reserves Growing revenue
Optical Society of America Inc is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1956, with $61,827,324 in FY2024 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
2010 Massachusetts Ave Nw, Washington, DC, 20036 EIN 53-0259696 Since 1956
Revenue (FY2024)
$61.8M
▼ 9.4% vs prior year
Diseases median: $206K
Expenses (FY2024)
$57.9M
Net assets
$118.7M
Employees
173
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating92% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Optical Society of America Inc: 92% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating25 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Optical Society of America Inc: 25 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Optical Society of America Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Optical Society of America Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To promote the generation application and archiving of knowledge of optics and photonics and to disseminate the knowledge worldwide.
What they do
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.
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.
Contact & location
- Address
- 2010 Massachusetts Ave Nw, Washington, DC, 20036
- City
- Washington
- State
- District of Columbia
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $37.6M (FY2013) to $61.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $29.6MNet assets $118.7M
Operating margin
6.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$148.3M
Total liabilities
$29.6M
Net assets
$118.7M
Salaries & benefits
$26.7M
46% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,827,324▼9.4% | $57,862,564▲12.2% | $118,738,028▲3.2% | $148,338,442▲2.3% | 990 |
| 2023 | $68,210,817▲54.0% | $51,557,426▲6.6% | $115,033,117▲8.0% | $144,950,478▲8.7% | 990 |
| 2022 | $44,297,419▼13.1% | $48,350,842▲29.6% | $106,538,835▼19.4% | $133,390,502▼15.4% | 990 |
| 2021 | $51,003,670▲18.2% | $37,304,493▼7.6% | $132,253,353▲16.5% | $157,741,246▲12.4% | 990 |
| 2020 | $43,135,399▼12.9% | $40,372,301▼12.5% | $113,569,803▲12.4% | $140,384,010▲10.6% | 990 |
| 2019 | $49,549,907▲10.5% | $46,149,242▲8.8% | $101,010,869▲19.7% | $126,923,998▲16.8% | 990 |
| 2018 | $44,822,731▼0.3% | $42,405,494▲3.4% | $84,405,071▼5.4% | $108,682,588▼3.0% | 990 |
| 2017 | $44,944,617▲8.7% | $41,008,038▼1.3% | $89,252,030▲14.4% | $112,094,429▲12.7% | 990 |
| 2016 | $41,359,060▲0.9% | $41,540,562▲12.8% | $78,027,788▲4.0% | $99,445,598▲5.6% | 990 |
| 2015 | $40,975,063▲4.9% | $36,820,429 | $74,991,615▼0.8% | $94,140,483▲0.9% | 990 |
| 2014 | $39,062,703▲3.8% | $36,812,006▲2.5% | $75,592,543▲5.0% | $93,338,431▲3.3% | 990 |
| 2013 | $37,643,291 | $35,913,217▲8.6% | $71,960,656▲13.5% | $90,384,194▲13.2% | 990 |
| 2012 | — | $33,081,454▲9.9% | $63,410,115▲13.2% | $79,830,206▲8.9% | 990 |
| 2011 | — | $30,105,243▲2.9% | $56,005,883▲2.8% | $73,306,376▲3.6% | 990 |
| 2010 | — | $29,270,065 | $54,475,864 | $70,766,298 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Elizabeth Rogan — $3,148,956 (5.44% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elizabeth Rogan | Former Ceo | 37.5 | $3,148,956 |
| Elizabeth Nolan | Ceo | 37.5 | $534,757 |
| Sean Bagshaw | Coo Cio | 37.5 | $492,711 |
| T Chad Stark | Former Optica Fnd Executive Director | 37.5 | $342,497 |
| P Scott Carney | Chief Science and Technology Officer | 37.5 | $336,112 |
| Genaro Montanez | Chief Employee and Membership Engagement Officer | 37.5 | $302,733 |
| Deborah Herrin | Senior Director It | 37.5 | $276,460 |
| Thomas Hausken | Senior Industry Advisor | 37.5 | $270,362 |
| Bill Abruzzo | Senior Director General Counsel | 37.5 | $226,500 |
| Aleksandra Boskovic | Director | 10 | — |
| Caroline Boudoux | Director | 10 | — |
| Dennis Fantone | Director | 10 | — |
| George Bayz | Treasurer | 10 | — |
| Gerd Leuchs | President | 10 | — |
| Gisele Bennett | Vice President | 10 | — |
| James Kafka | President-elect | 10 | — |
| Jens Biegert | Director | 10 | — |
| Judith Dawes | Director | 10 | — |
| Julie Sheridan Eng | Director | 10 | — |
| Martin Booth | Director | 10 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| 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 |
Grants received · $129K total
8 grants to Optical Society of America Inc totaling $129K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2023 | $6,750 |
| Donor Advised Charitable Giving | Health | 2022 | $12,425 |
| Donor Advised Charitable Giving | Health | 2021 | $10,200 |
| Donor Advised Charitable Giving | Health | 2020 | $6,750 |
| Donor Advised Charitable Giving | Health | 2020 | $6,750 |
| American Institute of Physics Incorporated | See part iv | 2018 | $50,000 |
| Donor Advised Charitable Giving | Health | 2018 | $19,200 |
| Donor Advised Charitable Giving | Health & human services | 2015 | $16,500 |
Grants made · $784K in FY2024
4 grants totaling $784K in FY2024. All grants made by Optical Society of America Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Osa Foundation Inc | Matching funds | $686,840 |
| Materials Research Society | Special program grant | $59,267 |
| Society of Photo Optical Instrumentation Engineer | Award | $22,527 |
| Wistee Connect Inc | Chapter management grant | $15,000 |
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Frequently asked questions
- Is Optical Society of America Inc a legitimate nonprofit?
- Yes. Optical Society of America Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 53-0259696, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Optical Society of America Inc's EIN?
- Optical Society of America Inc's Employer Identification Number (EIN) is 53-0259696.
- How much revenue does Optical Society of America Inc report?
- Optical Society of America Inc reported $61,827,324 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Optical Society of America Inc's spending goes to programs?
- Optical Society of America Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Optical Society of America Inc have?
- CharityIndex grades Optical Society of America Inc A, based on program efficiency and fundraising cost.
- How much does Optical Society of America Inc's highest-paid employee make?
- The highest reported compensation on Optical Society of America Inc's latest Form 990 is $3,148,956, paid to Elizabeth Rogan (Former Ceo).
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Data for Optical Society of America Inc (EIN 53-0259696) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.