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← THE ASSOCIATION FOR RESEARCH IN VISION AND OPHTHALMOLOGY

Form 990 for tax year 2025

Filed by THE ASSOCIATION FOR RESEARCH IN VISION AND OPHTHALMOLOGY.

Totals

Total revenue
$12,169,218
Total expenses
$11,329,401
Contributions and grants received
$2,433,861
Grants paid
$81,808
Program service revenue
$8,810,314
Investment income
$900,477
Other revenue
$24,566
Total assets, end of year
$22,921,004
Total liabilities, end of year
$4,210,214
Net assets or fund balances, end of year
$18,710,790
Program services expenses (Part IX)
$6,845,748
Management and general expenses
$4,483,653
Fundraising expenses
$0
Program service expenses (Part III)
$6,845,748

Program services were 60.4% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $2,357,861

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $76,000

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: ANNUAL CONVENTION

    total $5,703,380 · related or exempt $5,703,380 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: PUBLICATIONS

    total $2,362,168 · related or exempt $2,326,470 · unrelated business $35,698 · excluded $0

  • 2c · Program service revenue: MANAGEMENT FEES

    total $516,375 · related or exempt $516,375 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: OTHER MEETINGS & EDUCATION

    total $193,273 · related or exempt $193,273 · unrelated business $0 · excluded $0

  • 2e · Program service revenue: AWARDS & GRANTS

    total $35,118 · related or exempt $35,118 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $715,997 · related or exempt $0 · unrelated business $0 · excluded $715,997

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $24,566 · related or exempt $0 · unrelated business $0 · excluded $24,566

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $4,092,928 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $3,908,448 · other assets $0

  • 7c · Gain or loss

    securities $184,480 · other assets $0

  • 7d · Net gain or loss

    total $184,480 · related or exempt $0 · unrelated business $0 · excluded $184,480

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $25,000 · program services $25,000

  • 2 · Grants to domestic individuals

    total $44,665 · program services $44,665

  • 3 · Grants to foreign organizations and individuals

    total $12,143 · program services $12,143

  • 5 · Compensation of officers, directors and key employees

    total $50,000 · program services $0 · management and general $50,000 · fundraising $0

  • 7 · Other salaries and wages

    total $3,921,776 · program services $1,418,103 · management and general $2,503,673

  • 8 · Pension plan contributions

    total $348,688 · program services $119,842 · management and general $228,846

  • 9 · Other employee benefits

    total $398,043 · program services $137,485 · management and general $260,558

  • 10 · Payroll taxes

    total $263,984 · program services $97,541 · management and general $166,443

  • 11a · Fees: management

    total $445,807 · program services $338,308 · management and general $107,499

  • 11b · Fees: legal

    total $137,225 · management and general $137,225

  • 11c · Fees: accounting

    total $56,428 · management and general $56,428

  • 11d · Fees: lobbying

    total $0 · management and general $0

  • 11f · Fees: investment management

    total $0 · management and general $0

  • 11g · Fees: other

    total $444,127 · program services $362,762 · management and general $81,365

  • 12 · Advertising and promotion

    total $288,102 · program services $246,551 · management and general $41,551

  • 13 · Office expenses

    total $514,242 · program services $189,281 · management and general $324,961

  • 14 · Information technology

    total $734,872 · program services $82,923 · management and general $651,949

  • 16 · Occupancy

    total $49,615 · program services $7,210 · management and general $42,405

  • 17 · Travel

    total $222,668 · program services $184,564 · management and general $38,104

  • 19 · Conferences, conventions and meetings

    total $2,015,801 · program services $1,966,119 · management and general $49,682

  • 22 · Depreciation, depletion and amortization

    total $119,935 · management and general $119,935

  • 23 · Insurance

    total $50,487 · program services $22,476 · management and general $28,011

  • 24a · Other expenses: OVERHEAD ALLOCATION

    total $0 · program services $670,236 · management and general -$670,236 · fundraising $0

  • 24b · Other expenses: BAD DEBT & DISPOSALS

    total $267,881 · program services $34,166 · management and general $233,715 · fundraising $0

  • 24c · Other expenses: MISCELLANEOUS EXPENSE

    total $54,432 · program services $22,893 · management and general $31,539 · fundraising $0

  • 24d · Other expenses: PRINTING & PUBLICATIONS

    total $709,925 · program services $709,925 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $153,555 · program services $153,555 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,194,111 · end of year $2,209,244

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $210,769 · end of year $299,141

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $594,694 · end of year $942,790

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

    $1,048,669

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

    $701,598

  • 10c · Land, buildings and equipment, net

    beginning of year $2,646,731 · end of year $347,071

  • 11 · Investments: publicly traded securities

    beginning of year $15,253,663 · end of year $17,523,755

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $1,427,136 · end of year $1,599,003

  • 17 · Accounts payable and accrued expenses

    beginning of year $610,231 · end of year $505,560

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $3,529,296 · end of year $3,704,654

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,686,221 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $16,459,059 · end of year $18,666,449

  • 28 · Net assets with donor restrictions

    beginning of year $42,297 · end of year $44,341

Mission and programs · 2025

Mission

ARVO ADVANCES RESEARCH WORLDWIDE INTO UNDERSTANDING THE VISUAL SYSTEM AND PREVENTING, TREATING AND CURING ITS DISORDERS.

Activities or mission (Part I)

Advance research to understand the visual system & prevent, treat & cure its disorders.

  • ANNUAL CONVENTION - THE MEMBERS OF THE ASSOCIATION GATHER ANNUALLY AND PERIODICALLY TO SHARE THE RESULTS OF THEIR RESEARCH EFFORTS.

    Expenses $4,099,921 · Revenue $5,703,380

  • JOURNALS - PUBLICATIONS INCLUDE IOVS, JOV, AND TVST THAT FOCUS ON EYE AND VISION RESEARCH.

    Expenses $1,562,396 · Revenue $2,376,334

  • AWARDS AND GRANTS - ARVO PROVIDES TWO TYPES OF AWARDS: ACHIEVEMENT AWARDS TO HONOR INDIVIDUALS FOR THEIR CONTRIBUTIONS TO OPHTHALMOLOGY AND VISION SCIENCE; AND TRAVEL GRANTS THAT PROVIDE SUPPORT TO INVESTIGATORS WHO HAVE AN ACCEPTED AND HIGH-INTEREST ABSTRACT FOR PRESENTATION AT THE ANNUAL MEETING.

    Expenses $309,055 · Grants $21,114 · Revenue $35,118

  • Education and Professional Development Programs - Provided to ARVO members throughout the year on topics relevant to eye and vision scientists.

    Expenses $622,795 · Grants $60,500 · Revenue $193,273

  • Advocacy and Outreach

    Expenses $251,581 · Grants $194

As filed on the 2025 return.

Listed in Part VII

  • Iris M Rush Cae

    EXECUTIVE DIRECTOR

    Total calculated
    $426,747
    From this org
    $387,245
    From related orgs
    $0
    Other
    $39,502
    Hours/week
    37.5 + 5 related

    Schedule J breakdown matched by us

    Base
    $386,245
    Bonus
    $1,000
    Other
    $0
    Deferred
    $38,294
    Nontaxable benefits
    $1,209
    Filer's total
    $426,748

  • Jason Spessard Cae

    CHIEF OPERATING & FINANCIAL OFFICER

    Total calculated
    $302,728
    From this org
    $277,401
    From related orgs
    $0
    Other
    $25,327
    Hours/week
    37.5 + 5 related

    Schedule J breakdown matched by us

    Base
    $245,401
    Bonus
    $11,000
    Other
    $21,000
    Deferred
    $24,534
    Nontaxable benefits
    $793
    Filer's total
    $302,728

  • Daniel Ignaszewski

    EXECUTIVE DIRECTOR-NAEVR AEVR

    Total calculated
    $292,486
    From this org
    $266,601
    From related orgs
    $0
    Other
    $25,885
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $261,601
    Bonus
    $5,000
    Other
    $0
    Deferred
    $25,885
    Nontaxable benefits
    $0
    Filer's total
    $292,486

  • Timothy Maxey

    CHIEF INFORMATION OFFICER

    Total calculated
    $256,265
    From this org
    $231,991
    From related orgs
    $0
    Other
    $24,274
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $227,991
    Bonus
    $4,000
    Other
    $0
    Deferred
    $22,449
    Nontaxable benefits
    $1,824
    Filer's total
    $256,264

  • Lancey Cowan JD Cae

    CHEIF OFFICER - MEETINGS & COMMUNITY ENGAGEMENT

    Total calculated
    $249,322
    From this org
    $215,874
    From related orgs
    $0
    Other
    $33,448
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $211,874
    Bonus
    $4,000
    Other
    $0
    Deferred
    $18,794
    Nontaxable benefits
    $14,654
    Filer's total
    $249,322

  • Julene Joy Cae

    CHIEF MARKETING & COMMUNICATIONS OFFICER

    Total calculated
    $244,865
    From this org
    $200,106
    From related orgs
    $0
    Other
    $44,759
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $196,106
    Bonus
    $4,000
    Other
    $0
    Deferred
    $20,822
    Nontaxable benefits
    $23,937
    Filer's total
    $244,865

  • Jonathan Mallett PhD

    SENIOR DIRECTOR OF JOURNALS

    Total calculated
    $185,443
    From this org
    $167,452
    From related orgs
    $0
    Other
    $17,991
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $163,952
    Bonus
    $3,500
    Other
    $0
    Deferred
    $16,167
    Nontaxable benefits
    $1,824
    Filer's total
    $185,443

  • Katherine Cox

    SR DIRECTOR OF PROGRAMMING

    Total calculated
    $174,845
    From this org
    $150,744
    From related orgs
    $0
    Other
    $24,101
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $147,244
    Bonus
    $3,500
    Other
    $0
    Deferred
    $15,248
    Nontaxable benefits
    $8,853
    Filer's total
    $174,845

  • Elizabeth Austin

    DIRECTOR, MARKETING & MEMBERSHIP

    Total calculated
    $167,577
    From this org
    $136,092
    From related orgs
    $0
    Other
    $31,485
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $132,592
    Bonus
    $3,500
    Other
    $0
    Deferred
    $14,192
    Nontaxable benefits
    $17,293
    Filer's total
    $167,577

  • Robert Canas

    DIRECTOR, FINANCE & ADMINISTRATION

    Total calculated
    $159,055
    From this org
    $136,777
    From related orgs
    $0
    Other
    $22,278
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $133,277
    Bonus
    $3,500
    Other
    $0
    Deferred
    $13,403
    Nontaxable benefits
    $8,875
    Filer's total
    $159,055

  • J Mark Petrash PhD Farvo

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $50,000
    From this org
    $50,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Srrinivas Sadda MD Farvo

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Frank Lovicu PhD Farvo

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Joseph Demer MD PhD Farvo

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Sophie Deng MD PhD Farvo

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Terri Young MD PhD Farvo

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    4

  • Tien Wong Frcs PhD Farvo

    VICE PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    4

  • Wei Li MD PhD

    VICE PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    4

  • C Ross Ethier PhD Farvo

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Matthew Wilson MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Susana Chung Od PhD Faao Farvo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Junko Hori MD PhD Farvo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Goldis Malek PhD Farvo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Amani Fawzi MD Farvo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Brian Gilger DVM Ms Farvo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Elise Ma MD PhD

    TRUSTEE, TRAINEE EX OFFICIO

    Total calculated
    $0
    Hours/week
    2

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

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 1a
ARVO SUPPORTS THE HEALTH AND WELLNESS OF OUR EMPLOYEES AND WILL REIMBURSE EMPLOYEES FOR A PORTION OF THE COST OF INDIVIDUAL HEALTH CLUB/FITNESS CLASS FEES.

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

  • Serene Ophthalmic Inc

    $15,000

    Presentation Award

  • Oculogenex Inc

    $10,000

    Presentation Award

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.

  • The ARVO Foundation for Eye Research

    501(c)(3) · Education and stable support for original and innovative research · MD · controlled entity

    Directly controlled by Association for Research in Vision and Ophthalmology

Provenance

Return type
form_990
Tax year
2025
Filed
23 April 2026
IRS schema version
2025v4.0
Source object
202611139349301956

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