Totals
- Total revenue
- $941,013
- Total expenses
- $727,304
- Contributions and grants received
- $345,772
- Grants paid
- $124,613
- Program service revenue
- $329,622
- Investment income
- $265,619
- Other revenue
- $0
- Total assets, end of year
- $7,262,726
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $7,262,726
- Program services expenses (Part IX)
- $632,191
- Management and general expenses
- $95,113
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $632,191
Program services were 86.9% 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.
-
1b · Membership dues
$24,988
-
1f · All other contributions, gifts and grants
$320,784
-
2a · Program service revenue: Annual Conference - Fee
total $295,609 · related or exempt $295,609
-
2b · Program service revenue: Annual Dinner/Dance
total $34,013 · related or exempt $34,013
-
3 · Investment income
total $172,550 · excluded $172,550
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $355,000
-
7b · Less cost or other basis and sales expenses
securities $261,931
-
7c · Gain or loss
securities $93,069
-
7d · Net gain or loss
total $93,069 · excluded $93,069
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $80,069 · program services $80,069
-
2 · Grants to domestic individuals
total $44,544 · program services $44,544
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $3,385 · management and general $3,385
-
11c · Fees: accounting
total $6,477 · management and general $6,477
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $30,000 · management and general $30,000
-
11g · Fees: other
total $26,678 · management and general $26,678
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $1,125 · management and general $1,125
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $3,976 · management and general $3,976
-
24a · Other expenses: Annual Conference
total $350,014 · program services $350,014
-
24b · Other expenses: Annual Dinner Dance
total $92,213 · program services $92,213
-
24c · Other expenses: AAO Reception - Annual Conf
total $33,086 · program services $33,086
-
24d · Other expenses: Visiting Professor Expenses
total $32,265 · program services $32,265
-
24e · All other expenses
total $23,472 · management and general $23,472
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $160,445 · end of year $172,553
-
2 · Savings and temporary cash investments
beginning of year $12,287 · end of year $7,498
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $6,114,007 · end of year $7,082,675
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $5,656,120 · end of year $6,561,234
-
28 · Net assets with donor restrictions
beginning of year $630,619 · end of year $701,492
Mission and programs · 2023
Mission
To promote & advance the science & art of ophthalmology, enhance & support the education & training of residents & fellows of ophthalmology at the Wills Eye Institute, encourage & support research in ophthalmology, promote the continued existence of Wills Eye Hospital & to sponsor an annual conference pertaining to ophthalmology.
-
Annual Conference featuring scientific papers, symposia, workshops, and AAO Reception.
Expenses $383,100 · Revenue $295,609
-
Annual Dinner/Dance held during the Annual Conference for alumni and current residents.
Expenses $92,213 · Revenue $34,013
-
Donations in support of Wills Eye Hospital sponsoring general programs and initatives, notable A/V equipment in the 8th Floor Classroom
Expenses $49,875 · Grants $49,875
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Robert D Behar MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Christopher J Rapuano MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Janine Tabas MD
President
- Total calculated
- $0
- Hours/week
- 0
-
Robert C Sergott MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Charles Letocha MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Joanna M Fisher MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jonathan S Myers MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Robert Bailey Jr MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jonathan Belmont MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Douglas Wismer MD
Vice Chair
- Total calculated
- $0
- Hours/week
- 0
-
Richard Wilson MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Carl Regillo MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Christine Chung MD
Chair
- Total calculated
- $0
- Hours/week
- 0
-
Omesh Gupta MD
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Stephen Lichtenstein MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Joseph Markoff MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
W Reed Kindermann MD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Mark Pyfer MD
Imme Past Chair
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
-
$49,875
Support for A/V equip in classroom
-
$30,194
Support of Glaucoma SW EE / Misc
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · Hospital · PA
-
501(c)(3) · Fundraising/Support of Wills Eye Hospitl · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422829349300847
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.