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Nonprofiteer
← THE AMERICAN SOCIETY OF GENE & CELL THERAPY

Form 990 for tax year 2023

Filed by THE AMERICAN SOCIETY OF GENE & CELL THERAPY.

Totals

Total revenue
$16,370,708
Total expenses
$13,754,627
Contributions and grants received
$1,051,877
Grants paid
$1,853,948
Program service revenue
$14,604,317
Investment income
$643,264
Other revenue
$71,250
Total assets, end of year
$23,810,378
Total liabilities, end of year
$6,597,384
Net assets or fund balances, end of year
$17,212,994
Program services expenses (Part IX)
$11,240,882
Management and general expenses
$1,818,472
Fundraising expenses
$695,273
Program service expenses (Part III)
$11,240,882

Program services were 81.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,051,877

  • 2a · Program service revenue: REGISTRATIONS

    total $7,419,074 · related or exempt $7,419,074

  • 2b · Program service revenue: JOURNAL INCOME

    total $3,165,143 · related or exempt $3,165,143

  • 2c · Program service revenue: EXHIBIT REVENUE

    total $2,740,109 · related or exempt $2,740,109

  • 2d · Program service revenue: MEMBERSHIP DUES AND ASSESSMENTS

    total $1,154,028 · related or exempt $1,154,028

  • 2e · Program service revenue: ASGCT/ISSCR EVENT

    total $125,963 · related or exempt $125,963

  • 3 · Investment income

    total $643,264 · excluded $643,264

  • 11a · Other revenue: ADVERTISING

    total $43,395 · unrelated business $43,395

  • 11b · Other revenue: MISCELLANEOUS

    total $25,070 · related or exempt $25,070

  • 11c · Other revenue: JOB POSTING

    total $2,785 · related or exempt $2,785

  • 11e · Other revenue, total

    $71,250

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,490,000 · program services $1,490,000

  • 2 · Grants to domestic individuals

    total $324,138 · program services $324,138

  • 3 · Grants to foreign organizations and individuals

    total $39,810 · program services $39,810

  • 5 · Compensation of officers, directors and key employees

    total $469,361 · program services $305,085 · management and general $93,872 · fundraising $70,404

  • 7 · Other salaries and wages

    total $3,228,101 · program services $2,098,265 · management and general $645,620 · fundraising $484,216

  • 8 · Pension plan contributions

    total $96,024 · program services $62,415 · management and general $19,205 · fundraising $14,404

  • 9 · Other employee benefits

    total $320,698 · program services $208,454 · management and general $64,140 · fundraising $48,104

  • 10 · Payroll taxes

    total $285,959 · program services $185,873 · management and general $57,192 · fundraising $42,894

  • 11b · Fees: legal

    total $12,115 · program services $11,415 · management and general $700

  • 11c · Fees: accounting

    total $97,778 · management and general $97,778

  • 11f · Fees: investment management

    total $28,731 · management and general $28,731

  • 11g · Fees: other

    total $753,060 · program services $615,508 · management and general $137,552

  • 12 · Advertising and promotion

    total $488,870 · program services $486,863 · management and general $2,007

  • 13 · Office expenses

    total $517,199 · program services $183,113 · management and general $334,086

  • 14 · Information technology

    total $460,316 · program services $295,749 · management and general $164,567

  • 16 · Occupancy

    total $235,004 · program services $152,752 · management and general $47,001 · fundraising $35,251

  • 17 · Travel

    total $587,319 · program services $587,319

  • 19 · Conferences, conventions and meetings

    total $3,378,914 · program services $3,345,421 · management and general $33,493

  • 22 · Depreciation, depletion and amortization

    total $55,236 · management and general $55,236

  • 23 · Insurance

    total $88,064 · program services $72,478 · management and general $15,586

  • 24a · Other expenses: DECORATION EXPENSES

    total $411,888 · program services $411,888

  • 24b · Other expenses: REGISTRATION EXPENSE

    total $218,525 · program services $218,525

  • 24c · Other expenses: MEMBERSHIP RECRUIT AND

    total $93,480 · program services $93,480

  • 24d · Other expenses: PROFESSIONAL DEVELOPMEN

    total $43,419 · program services $35,825 · management and general $7,594

  • 24e · All other expenses

    total $30,618 · program services $16,506 · management and general $14,112

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,989,141 · end of year $1,681,611

  • 2 · Savings and temporary cash investments

    beginning of year $254,004 · end of year $254,513

  • 3 · Pledges and grants receivable

    end of year $416,894

  • 4 · Accounts receivable

    beginning of year $3,532,561 · end of year $199,255

  • 9 · Prepaid expenses and deferred charges

    beginning of year $298,531 · end of year $456,617

  • 10a · Land, buildings and equipment: cost or other basis

    $178,579

  • 10b · Land, buildings and equipment: accumulated depreciation

    $79,463

  • 10c · Land, buildings and equipment, net

    beginning of year $92,100 · end of year $99,116

  • 11 · Investments: publicly traded securities

    beginning of year $10,563,915 · end of year $20,155,555

  • 14 · Intangible assets

    beginning of year $21,487 · end of year $10,767

  • 15 · Other assets

    beginning of year $734,818 · end of year $536,050

  • 17 · Accounts payable and accrued expenses

    beginning of year $402,984 · end of year $420,123

  • 19 · Deferred revenue

    beginning of year $5,013,719 · end of year $5,534,184

  • 25 · Other liabilities

    beginning of year $851,756 · end of year $643,077

  • 27 · Net assets without donor restrictions

    beginning of year $13,705,286 · end of year $16,221,383

  • 28 · Net assets with donor restrictions

    beginning of year $512,812 · end of year $991,611

Mission and programs · 2023

Mission

ASGCT'S MISSION IS TO ADVANCE KNOWLEDGE, AWARENESS, AND EDUCATION LEADING TO THE DISCOVERY AND CLINICAL APPLICATION OF GENETIC AND CELLULAR THERAPIES TO ALLEVIATE HUMAN DISEASE.

  • ANNUAL MEETING: THIS IS THE PRIMARY VEHICLE FOR CARRYING OUT THE EDUCATIONAL MISSION OF ASGCT. THE ANNUAL MEETING REPRESENTS THE MAJOR EDUCATIONAL INITIATIVE OF THE SOCIETY.

    Expenses $5,946,019 · Grants $60,500 · Revenue $9,928,858

  • MOLECULAR THERAPY JOURNALS: PUBLISHING SCHOLARLY JOURNALS IS THE SECOND MAJOR VEHICLE FOR CARRYING OUT THE EDUCATIONAL MISSION OF ASGCT. THE JOURNALS ARE THE WAY ASGCT EDUCATES AND UPDATES RESEARCHERS, CLINICIANS, AND STUDENTS ON THE LATEST ADVANCES IN THE DEVELOPMENT OF NOVEL THERAPEUTICS.

    Expenses $959,925 · Grants $216,736 · Revenue $3,165,143

  • ADVOCACY: ADVOCACY IS THE THIRD MAJOR VEHICLE FOR CARRYING OUT THE EDUCATIONAL MISSION OF ASGCT. THE DEFINING VALUE OF ADVOCACY IS "GENE AND CELL THERAPY WILL HAVE A FINANCIAL IMPACT ON PATIENTS, PROVIDERS, AND PAYERS. ASGCT IS COMMITTED TO UNDERSTANDING THAT IMPACT AND EDUCATING DECISION-MAKERS ENGAGED IN DEVELOPING POLICIES THAT INFLUENCE PATIENT ACCESS TO TREATMENTS."

    Expenses $774,362 · Grants $25,000

  • OTHER PROGRAMS INCLUDE: WORKSHOPS, INTERNATIONAL ONCOLYTIC VIRUS CONFERENCE, POLICY SUMMIT, CAREER DEVELOPMENT PROGRAM, DIVERSITY AND INCLUSION COMMITTEE, CAREER DEVELOPMENT PROGRAM PATIENT EDUCATION PROGRAM, AND THE NEWSLETTER.

    Expenses $3,560,576 · Grants $1,551,712 · Revenue $1,538,171

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Beverly Davidson PhD

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Hans-Peter Kiem MD PhD

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Jeffrey S Chamberlain PhD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Terence R Flotte MD

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Paloma H Giangrande PhD

    PART YEAR TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Anastasia Khvorova PhD

    PART YEAR DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Federico Mingozzi PhD

    PART YEAR TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Hildegard Buning PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Marcela V Maus MD PhD

    PART YEAR DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Maria-Grazia Roncarolo MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Rayne H Rouce MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Paula Cannon PhD

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    5

  • Isabelle Rivire PhD

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Aravind Asokan PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Daniel E Bauer MD PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Lindsey George MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Punam Malik MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Kah-Whye Peng PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Jennifer Wellman Ms

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • David Barrett

    EXECUTIVE DIRECTOR

    Total calculated
    $469,361
    From this org
    $432,985
    From related orgs
    $0
    Other
    $36,376
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $432,985
    Bonus
    $0
    Other
    $0
    Deferred
    $9,900
    Nontaxable benefits
    $26,476
    Filer's total
    $469,361

  • Margarita Lea Valdez

    EMPLOYEE

    Total calculated
    $202,274
    From this org
    $196,383
    From related orgs
    $0
    Other
    $5,891
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,383
    Bonus
    $0
    Other
    $0
    Deferred
    $5,891
    Nontaxable benefits
    $0
    Filer's total
    $202,274

  • Grant Holley

    EMPLOYEE

    Total calculated
    $147,313
    From this org
    $136,659
    From related orgs
    $0
    Other
    $10,654
    Hours/week
    40

  • Laura Michelle Gallagher

    EMPLOYEE

    Total calculated
    $208,286
    From this org
    $193,488
    From related orgs
    $0
    Other
    $14,798
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,488
    Bonus
    $0
    Other
    $0
    Deferred
    $5,875
    Nontaxable benefits
    $8,923
    Filer's total
    $208,286

  • Alex Wendland

    EMPLOYEE

    Total calculated
    $129,843
    From this org
    $126,061
    From related orgs
    $0
    Other
    $3,782
    Hours/week
    40

  • Betty Schiefelbein

    EMPLOYEE

    Total calculated
    $129,968
    From this org
    $126,173
    From related orgs
    $0
    Other
    $3,795
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
4 November 2024
IRS schema version
2023v5.1
Source object
202413099349303011

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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