American Academy Of Orthopedic Surgeons in Rosemont, Illinois (IL)

American Academy Of Orthopedic Surgeons
Employer Identification Number (EIN)	362110592
Name of Organization	American Academy Of Orthopedic Surgeons
Address	9400 W Higgins Rd, Rosemont, IL 60018-4974
Activities	Other school related activities, Professional association
Subsection	Charitable Organization
Ruling Date	04/1949
Deductibility	Contributions are deductible
Foundation	Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$50,000,000 to greater
Income	$50,000,000 to greater
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$101,885,431
Amount of Income	$80,271,273
Form 990 Revenue Amount	$41,300,127
National Taxonomy of Exempt Entities (NTEE)	Diseases, Disorders, Medical Disciplines: Professional Societies, Associations

Non-representatives - add comments:

Amount of income in 2013: $80,271,273

American Academy Of Orthopedic Surgeons:	$80,271,273
Other organizations performing similar types of work:	$1,860,560

Assets in 2013: $101,885,431

This organization:	$101,885,431
Other organizations performing similar types of work:	$2,831,373

Expenses in 2013: $41,283,882

This organization:	$41,283,882
Other organizations performing similar types of work:	$1,177,269

Income to expenses ratio in 2013: 1.9

American Academy Of Orthopedic Surgeons:	1.9
Other organizations performing similar types of work:	1.2

Expenses allocated to program services in 2007: 63.2%

American Academy Of Orthopedic Surgeons:	63.2%
Other organizations performing similar types of work:	74.7%

Number of employees in 2013: 302

This organization:	302
Other organizations performing similar types of work:	13

Employees paid over $100,000 in 2013: 16.6%

This organization:	16.6%
Other organizations performing similar types of work:	0.0%

Grants share in income in 2013: 28.8%

American Academy Of Orthopedic Surgeons:	28.8%
Other organizations performing similar types of work:	15.1%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

	2012	2013
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?	Yes	Yes
Is the organization required to complete Schedule B, Schedule of Contributors?	Yes	Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?	No	No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?	Yes	Yes
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?	No	No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?	No	No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?	No	No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?	No	No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?	No	No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?	Yes	Yes
Did the organization report an amount for land, buildings, and equipment?	Yes	Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?	No	No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?	No	Yes
Did the organization report an amount for other assets that is 5% or more of its total assets?	No	No
Did the organization report an amount for other liabilities?	No	No
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?	Yes	Yes
Did the organization obtain separate, independent audited financial statements for the tax year?	No	No
Was the organization included in consolidated, independent audited financial statements for the tax year?	Yes	Yes
Is the organization a school described in section 170(b)(1)(A)(ii)?	No	No
Did the organization maintain an office, employees, or agents outside of the United States?	No	No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?	Yes	Yes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?	No	No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?	Yes	Yes
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?	No	No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?	Yes	No
Did the organization report more than $15,000 of gross income from gaming activities?	No	No
Did the organization operate one or more hospital facilities?	No	No
Did the organization attach a copy of its audited financial statements?	No	No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?	Yes	Yes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?	No	No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?	Yes	Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?	No	No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?	No	No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?	No	No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?	No	No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?	No	No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?	No	No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?	No	No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?	No	No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?	Yes	Yes
A family member of a current or former officer, director, trustee, or key employee?	No	No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?	No	No
Did the organization receive more than $25,000 in non-cash contributions?	No	No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?	No	No
Did the organization liquidate, terminate, or dissolve and cease operations?	No	No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?	No	No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?	No	No
Was the organization related to any tax-exempt or taxable entity?	Yes	Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?	No	No
Did the organization make any transfers to an exempt non-charitable related organization?	Yes	Yes
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?	No	No

	2011	2012	2013
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096		175	180
The number of Forms W-2G		0	0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?		No	No
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return		299	302
Did the organization file all required federal employment tax returns?		Yes	Yes
Did the organization have unrelated business gross income of $1,000 or more during the year?	Yes	Yes	Yes
Has it filed a Form 990-T for this year?		Yes	Yes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?		No	No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?		No	No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?		No	No
Did the organization file Form 8886-T?		No	No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?		No	No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?		No	No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?		Yes	No
Did the organization notify the donor of the value of the goods or services provided?		Yes	No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?		No	No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?		No	No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?		No	No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?		No	No
Did the sponsoring organization make any taxable distributions under section 4966?		No	No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?		No	No
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0
Gross income from other sources	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?		No	No
The amount of tax-exempt interest received or accrued during the year		$0	$0
Is the organization licensed to issue qualified health plans in more than one state?		No	No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans		$0	$0
The amount of reserves on hand		$0	$0
Did the organization receive any payments for indoor tanning services during the tax year?		No	No
Has it filed a Form 720 to report these payments?		No	No

	2012	2013
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization	$3,479,884	$3,607,851
Total reportable compensation from related organizations	$0	$0
Total estimated amount of other compensation from the organization and related organizations	$420,520	$482,513
Total number of individuals who received more than $100,000 of reportable compensation from the organization	29	34
Total number of independent contractors who received more than $100,000 of compensation from the organization	21	16

	2011	2012	2013
Statement of Revenue
Total revenue	$40,606,779	$46,232,309	$41,300,127
Contributions, Gifts, Grants and Other Similar Amounts	$11,432,158	$11,515,835	$11,908,312
Program Service Revenue	$25,682,877	$26,260,322	$26,944,397
541900		$16,175,851	$17,394,154
541900		$3,886,782	$3,326,471
541900		$2,406,650	$2,461,578
541900		$1,754,087	$1,689,350
541900		$1,143,242	$1,090,391
All other program service revenue		$893,710	$982,453
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$1,294,153	$1,174,605	$727,945
Income from investment of tax-exempt bond proceeds	$0	$0	$0
Royalties	$2,794,405	$2,763,424	$2,919,310
Net rental income	$0	$0	$0
Net gain/loss from sales of assets other than inventory	$442,031	$6,535,154	$288,548
Gross amount from sales of assets other than inventory (Securities / Other)	$15,897,136 / $0	$68,797,342 / $0	$31,122,413 / $0
Less: cost or other basis and sales expenses (Securities / Other)	$15,455,105 / $0	$62,262,188 / $0	$30,833,865 / $0
Gain or (loss) (Securities / Other)	$442,031 / $0	$6,535,154 / $0	$288,548 / $0
Net income/loss from fundraising events	$0	$13,332	$0
Net income/loss from gaming activities	$0	$0	$0
Net income/loss from sales of inventory	$-1,038,845	$-2,030,363	$-1,488,385
Gross sales of inventory, less returns and allowances	$8,236,472	$7,031,489	$6,648,896
Less: cost of goods sold	$9,275,317	$9,061,852	$8,137,281
Miscellaneous Revenue	$0	$0	$0

	2011	2012	2013
Statement of Functional Expenses
Total functional expenses	$35,258,064	$37,438,928	$41,283,882
Grants and other assistance to domestic organizations and domestic governments		$160,859	$2,821,193
Grants and other assistance to domestic individuals		$0	$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals		$85,869	$87,797
Benefits paid to or for members		$0	$0
Compensation of current officers, directors, trustees, and key employees	$2,857,886	$3,419,645	$3,927,098
Compensation not included above, to disqualified persons		$0	$0
Other salaries and wages	$9,519,286	$9,626,030	$10,394,806
Pension plan accruals and contributions		$914,399	$958,521
Other employee benefits		$2,480,600	$2,388,187
Payroll taxes	$833,590	$871,395	$996,067
Fees for services (non-employees)
Management		$0	$0
Legal		$63,427	$41,128
Accounting		$73,116	$69,801
Lobbying		$0	$0
Professional fundraising services	$0	$0	$0
Investment management fees		$207,815	$216,190
Other		$3,473,311	$3,578,928
Advertising and promotion		$764,408	$745,071
Office expenses		$797,139	$719,534
Information technology		$339,240	$397,903
Royalties		$0	$0
Occupancy		$599,602	$735,190
Travel		$2,875,722	$2,603,644
Payments of travel or entertainment expenses for any federal, state, or local public officials		$0	$0
Conferences, conventions, and meetings		$5,758,423	$5,331,581
Interest		$0	$0
Payments to affiliates		$0	$0
Depreciation, depletion, and amortization		$1,473,343	$1,479,425
Insurance		$144,745	$155,536
Other expenses		$2,184,795	$2,598,626
Other expenses		$641,501	$624,016
Other expenses		$165,591	$361,501
Other expenses		$0	$52,139

	2011	2012	2013
Balance Sheet
Total assets	$85,261,000	$92,976,472	$101,885,431
Cash - non-interest-bearing		$0	$0
Savings and temporary cash investments		$12,017,526	$13,783,597
Pledges and grants receivable, net		$447,406	$1,996,042
Accounts receivable, net		$3,384,825	$3,125,043
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees		$0	$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations		$0	$0
Notes and loans receivable, net		$0	$0
Inventories for sale or use		$763,776	$636,802
Prepaid expenses and deferred charges		$2,438,667	$2,462,907
Land, buildings, and equipment: cost or other basis		$13,604,301	$11,563,768
Investments - publicly traded securities		$59,919,841	$53,850,791
Investments - other securities		$0	$0
Investments - program-related		$0	$14,088,190
Intangible assets		$0	$0
Other assets		$400,130	$378,291
Total liabilities	$17,933,318	$17,924,675	$17,587,237
Accounts payable and accrued expenses		$6,628,985	$6,784,231
Grants payable		$0	$0
Deferred revenue		$11,295,690	$10,803,006
Tax-exempt bond liabilities	$0	$0	$0
Escrow or custodial account liability		$0	$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons		$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0	$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)		$0	$0
Total net assets or fund balances	$67,327,682	$75,051,797	$84,298,194
Unrestricted net assets		$73,174,805	$82,359,945
Temporarily restricted net assets		$1,876,992	$1,938,249
Permanently restricted net assets		$0	$0
Capital stock or trust principal, or current funds		$0	$0
Paid-in or capital surplus, or land, building, or equipment fund		$0	$0
Retained earnings, endowment, accumulated income, or other funds	$0	$0	$0

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
Public support	$162,378,690
Subtotal	$200,628,690
Gifts, grants, contributions, and membership fees received	$51,484,899
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	$149,143,791
Gross receipts from activities that are not an unrelated trade or business under section 513	$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
Less	$38,250,000
Amounts received from disqualified persons	$38,250,000
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support	$0
Total support	$221,135,367
Public support	$200,628,690
Subtotal	$19,102,522
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$19,102,522
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975	$0
Net income from unrelated business activities, whether or not the business is regularly carried on	$1,404,155
Other income	$0

	2000	2001	2002	2003	2004	2005	2006	2007
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$25,537,410	$29,262,384	$24,661,456	$25,780,743	$30,597,695	$29,046,501	$29,173,275	$42,535,664
Contributions, gifts, grants, and similar amounts received	$1,489,053	$2,151,607	$1,447,820	$1,194,990	$3,939,054	$4,784,826	$6,724,907	$15,649,227
Contributions to donor advised funds							$0	$0
Direct public support	$1,489,053	$2,151,607	$1,447,820	$1,194,990	$3,939,054	$4,784,826	$5,851,207	$14,764,927
Indirect public support	$0	$0	$0	$0	$0	$0	$873,700	$884,300
Government contributions (grants)	$0	$0	$0	$0	$0	$0	$0	$0
Program service revenue including government fees and contracts	$14,534,024	$14,735,944	$13,462,005	$14,263,712	$16,292,795	$16,768,121	$18,979,910	$19,496,143
Membership dues and assessments	$0	$0	$0	$0	$0	$0	$0	$0
Interest on savings and temporary cash investments	$0	$0	$0	$0	$0	$30,869	$0	$0
Dividends and interest from securities	$753,764	$301,108	$228,773	$766,650	$574,902	$1,798,043	$655,066	$1,757,100
Net rental income or (loss)	$0	$0	$0	$0	$0	$0	$0	$116,963
Gross rents	$0	$0	$0	$0	$0	$0	$0	$116,963
Less: rental expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other investment income	$0	$0	$0	$0	$0	$0	$0	$0
Gain or (loss) from sales of assets other than inventory	$1,445,241	$312,530	$982,801	$0	$0	$0	$-1,921,145	$855,353
Gross amount from sales of assets other than inventory	$22,897,335	$315,749	$6,364,243	$0	$0	$0	$33,175,514	$13,666,843
Less: cost or other basis and sales expenses	$21,452,094	$3,219	$5,381,442	$0	$0	$0	$35,096,659	$12,811,490
Net income or (loss) from special events and activities	$0	$0	$0	$0	$0	$0	$0	$0
Gross revenue	$0	$0	$0	$0	$0	$0	$0	$0
Less: direct expenses other than fundraising expenses	$0	$0	$0	$0	$0	$0	$0	$0
Gross profit or (loss) from sales of inventory	$1,249,728	$593,650	$1,862,389	$948,005	$1,072,769	$1,888,007	$351,326	$162,323
Gross sales of inventory, less returns and allowances	$8,163,689	$7,755,312	$9,452,441	$8,195,484	$8,727,779	$10,193,321	$9,357,329	$9,975,363
Less: cost of goods sold	$6,913,961	$7,161,662	$7,590,052	$7,247,479	$7,655,010	$8,305,314	$9,006,003	$9,813,040
Other revenue	$6,065,600	$11,167,545	$6,677,668	$8,607,386	$8,718,175	$3,776,635	$4,383,211	$4,498,555
Total expenses	$25,300,886	$25,938,580	$26,253,383	$25,198,883	$27,080,392	$29,616,248	$32,031,361	$34,463,297
Program services	$18,907,406	$19,684,203	$20,620,049	$19,033,152	$19,936,083	$20,706,109	$19,011,364	$21,776,445
Management and general	$6,393,480	$6,254,377	$5,633,334	$6,165,731	$7,144,309	$8,910,139	$13,006,740	$12,676,766
Fundraising	$0	$0	$0	$0	$0	$0	$13,257	$10,086
Payments to affiliates	$0	$0	$0	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$44,616,744	$46,253,330	$41,134,139	$46,695,565	$53,421,067	$53,599,451	$57,119,179	$66,789,148
Excess or (deficit) for the year	$236,524	$3,323,804	$-1,591,927	$581,860	$3,517,303	$-569,747	$-2,858,086	$8,072,367
Net assets or fund balances at beginning of year	$45,931,750	$44,616,744	$46,253,330	$41,134,139	$46,695,565	$53,421,067	$53,599,451	$57,119,179
Other changes in net assets or fund balances	$-1,551,530	$-1,687,218	$-3,527,264	$4,979,566	$3,208,199	$748,131	$6,377,814	$1,597,602

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2007)
Total functional expenses	$34,463,297	$21,776,445	$12,676,766	$10,086
Grants paid from donor advised funds		$0
Other grants and allocations		$263,481
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$1,640,670	$624,284	$1,016,386	$0
Compensation of former officers, directors, key employees, etc.	$30,464	$0	$30,464	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$10,085,755	$4,013,809	$6,061,860	$10,086
Pension plan contributions not included above	$897,494	$370,932	$526,562	$0
Employee benefits not included above	$2,186,377	$1,224,371	$962,006	$0
Payroll taxes	$863,363	$366,309	$497,054	$0
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$58,020	$0	$58,020	$0
Legal fees	$50,077	$0	$50,077	$0
Supplies	$329,123	$263,298	$65,825	$0
Telephone	$317,146	$253,717	$63,429	$0
Postage and shipping	$423,907	$402,712	$21,195	$0
Occupancy	$263,147	$210,518	$52,629	$0
Equipment rental and maintenance	$2,163,057	$1,730,446	$432,611	$0
Printing and publications	$1,293,017	$1,034,414	$258,603	$0
Travel	$3,060,831	$2,448,665	$612,166	$0
Conferences, conventions, and meetings	$2,737,273	$2,463,546	$273,727	$0
Interest	$0	$0	$0	$0
Depreciation, depletion, etc.	$1,409,037	$1,127,230	$281,807	$0
Other expenses not covered above	$6,391,058	$4,978,713	$1,412,345	$0

	2000	2001	2002	2003	2004	2005	2006	2007
Balance Sheets
Total assets	$55,930,962	$58,001,524	$53,753,590	$58,556,610	$66,781,137	$67,261,719	$72,865,153	$82,147,763
Cash - non-interest-bearing	$0	$0	$0	$0	$0	$0	$0	$0
Savings and temporary cash investments	$1,446,663	$4,838,998	$3,041,482	$2,539,677	$4,799,642	$2,984,586	$5,102,123	$5,112,236
Accounts receivable less allowance for doubtful accounts	$2,381,170	$1,985,674	$1,831,851	$2,096,795	$1,775,444	$2,748,422	$2,058,368	$2,435,319
Pledges receivable less allowance for doubtful accounts	$0	$0	$0	$0	$2,643,298	$2,209,278	$1,657,990	$1,184,366
Grants receivable	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)							$0	$0
Other notes and loans receivable less allowance for doubtful accounts	$462,635	$574,336	$489,780	$175,833	$485,058	$615,026	$0	$0
Inventories for sale or use	$710,932	$594,769	$605,251	$653,006	$538,956	$541,950	$461,990	$641,876
Prepaid expenses and deferred charges	$3,109,805	$2,760,995	$2,925,226	$2,979,848	$2,852,591	$2,322,593	$3,110,319	$2,709,862
Investments - publicly-traded securities							$45,766,161	$54,615,251
Investments - other securities	$32,505,042	$31,341,276	$28,477,666	$34,218,277	$38,012,245	$40,654,426	$0	$0
Investments - land, buildings, and equipment less accumulated depreciation	$0	$0	$0	$0	$0	$0	$0	$0
Investments - other	$500	$500	$500	$0	$0	$0	$0	$0
Land, buildings, and equipment less accumulated depreciation	$15,314,215	$15,904,976	$16,381,834	$15,893,174	$15,673,903	$15,185,438	$14,488,637	$14,834,050
Other assets, including program-related investments	$0	$0	$0	$0	$0	$0	$219,565	$614,803
Total liabilities	$11,314,218	$11,748,194	$12,619,451	$11,861,045	$13,360,070	$13,662,268	$15,745,974	$15,358,615
Accounts payable and accrued expenses	$5,098,880	$4,664,391	$4,615,164	$4,420,155	$4,406,827	$4,578,557	$5,652,893	$5,580,163
Grants payable	$0	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$5,913,063	$6,776,974	$7,714,182	$7,055,075	$8,585,148	$8,664,546	$10,093,081	$9,778,452
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0	$0	$0	$0	$0	$0
Mortgages and other notes payable	$0	$0	$0	$0	$0	$0	$0	$0
Other liabilities	$302,275	$306,829	$290,105	$385,815	$368,095	$419,165	$0	$0
Total liabilities and net assets/fund balances	$55,930,962	$58,001,524	$53,753,590	$58,556,610	$66,781,137	$67,261,719	$72,865,153	$82,147,763
Total net assets or fund balances	$44,616,744	$46,253,330	$41,134,139	$46,695,565	$53,421,067	$53,599,451	$57,119,179	$66,789,148

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$25,537,410	$29,262,384	$24,661,456	$25,780,743	$30,597,695	$29,046,501	$29,173,275	$42,535,664
Total revenue, gains, and other support per audited financial statements	$37,102,005	$36,694,501	$36,123,095	$47,552,478	$50,198,939	$50,014,956	$55,086,132	$55,082,296
Other expenses	$15,680,162	$16,432,117	$16,234,748	$28,549,764	$26,351,244	$25,796,046	$32,916,749	$29,089,770
Net unrealized gains on investments	$-1,928,474	$-1,687,222	$-3,527,264	$4,980,066	$3,208,199	$850,703	$6,377,814	$1,597,602
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0	$0	$0	$0	$0	$0
Other	$17,608,636	$18,119,339	$19,762,012	$23,569,698	$23,143,045	$24,945,343	$26,538,935	$27,492,168
Other revenue	$4,115,567	$9,000,000	$4,773,109	$6,778,029	$6,750,000	$4,827,591	$7,003,892	$16,543,138
Investment expenses	$115,567	$0	$23,109	$28,029	$0	$29,019	$167,892	$355,138
Other	$4,000,000	$9,000,000	$4,750,000	$6,750,000	$6,750,000	$4,798,572	$6,836,000	$16,188,000

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$25,300,886	$25,938,580	$26,253,383	$25,198,883	$27,080,392	$29,616,248	$32,031,361	$34,463,297
Total expenses and losses per audited financial statements	$36,642,004	$37,546,331	$39,723,471	$39,665,613	$43,091,147	$43,589,059	$47,629,973	$51,221,884
Other revenue	$11,456,685	$11,607,751	$13,493,197	$14,494,759	$22,760,755	$18,697,830	$18,102,504	$19,401,725
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Prior year adjustments	$0	$0	$0	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$11,456,685	$11,607,751	$13,493,197	$14,494,759	$22,760,755	$18,697,830	$18,102,504	$19,401,725
Other expenses	$115,567	$0	$23,109	$28,029	$6,750,000	$4,725,019	$2,503,892	$2,643,138
Investment expenses	$115,567	$0	$23,109	$28,029	$0	$29,019	$167,892	$355,138
Other	$0	$0	$0	$0	$6,750,000	$4,696,000	$2,336,000	$2,288,000

Average hours per week devoted to position	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Current Officers, Directors, Trustees, and Key Employees
55	$460,200	$89,965	$1,781
55	$217,654	$54,674	$272
55	$211,980	$53,249	$0
55	$248,888	$60,131	$471
5	$2,502	$0	$5,200
2	$91,764	$0	$5,130
2	$36,667	$0	$2,579
2	$1,307	$0	$3,315
1	$0	$0	$985
1	$1,129	$0	$2,436
1	$614	$0	$1,079
1	$1,446	$0	$1,469
1	$0	$0	$2,080
1	$0	$0	$2,975
1	$0	$0	$1,833
1	$1,000	$0	$4,263
1	$290	$0	$1,098
1	$396	$0	$1,102
1	$506	$0	$3,758

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	15
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	No
Does the organization have a written conflict of interest policy?	Yes

Loans and Advances	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits
$0	$23,670	$0	$2,761
$0	$1,919	$0	$2,114
$0	$16,991	$0	$47,491

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	Yes
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	Yes
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	229

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2007)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$676,858		$5,397,198	$20,812,381
Program service revenue
Program service revenue 1	000000	$0	00	$0	$13,060,598
Program service revenue 2	000000	$0	00	$0	$3,461,406
Program service revenue 3	000000	$0	Royalty income excluded by section 512(b)(2)	$1,618,705	$0
Program service revenue 4	000000	$0	Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)	$1,049,077	$0
Program service revenue 5	Exploited exempt activities	$10,649	00	$0	$295,708
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	00	$0	$0
Dividends and interest from securities	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$1,757,100	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)	$116,963	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))	$855,353	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	Advertising and related services	$666,209	00	$0	$-503,886
Other revenue	000000	$0	00	$0	$4,498,555

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
000000000	0%	$0	$0
000000000	0%	$0	$0
000000000	0%	$0	$0
000000000	0%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
$249,808	$60,271	$0
$215,308	$54,086	$0
$191,498	$48,104	$0
$182,610	$45,872	$0
$166,169	$41,742	$0

Total number of other employees paid over $50,000	126

Total number of other employees paid over $50,000

126

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$453,928
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?	No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?	No
Did the organization maintain any donor advised funds?	No
Did the organization make any taxable distributions under section 4966?	No
Did the organization make a distribution to a donor, donor advisor, or related person?	No
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Organization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees

	1999	2000	2001	2002	2003	2004	2005	2006
Support Schedule
Total	$21,328,824	$14,095,874	$27,305,593	$26,883,191	$32,763,178	$35,930,758	$36,943,325	$42,351,735
Gifts, grants, and contributions received	$0	$0	$0	$0	$1,194,990	$1,295,756	$5,218,846	$7,276,795
Membership fees received	$3,156,619	$0	$0	$0	$0	$0	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$17,140,652	$13,342,110	$27,004,485	$26,654,418	$24,051,538	$24,814,634	$24,227,715	$27,454,753
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$1,031,553	$753,764	$301,108	$228,773	$766,650	$574,902	$2,911,140	$2,850,614
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0	$527,291	$808,989	$386,362
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0	$0	$0	$0
Other income	$0	$0	$0	$0	$6,750,000	$8,718,175	$3,776,635	$4,383,211

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$21,776,445
Total lobbying expenditures	$453,928
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$453,928
Other exempt purpose expenditures	$21,322,517
Lobbying nontaxable amount	$1,000,000
Grassroots nontaxable amount	$250,000

	Income	Expenses	Net
Unrelated Trade or Business Income (for 2008)
Total	$1,927,677	$794,152	$1,133,525
Gross receipts or sales less returns and allowances	$0	$0	$0
Cost of goods sold	$0	$0	$0
Gross profit	$0	$0	$0
Capital gain net income	$0	$0	$0
Net gain	$0	$0	$0
Capital loss deduction for trusts	$0	$0	$0
Income (loss) from partnerships and S corporations	$0	$0	$0
Rent income	$9,175	$5,128	$4,047
Unrelated debt-financed income	$0	$0	$0
Interest, annuities, royalties, and rents from controlled organizations	$0	$0	$0
Investment income of a section 501(c)(7), (9), or (17) organization	$0	$0	$0
Exploited exempt activity income	$136,515	$67,549	$68,966
Advertising income	$1,760,155	$721,475	$1,038,680
Other income	$218,321	$0	$21,832

Deductions Not Taken Elsewhere (for 2008)
Total deductions	$1,090,583
Compensation of officers, directors, and trustees	$0
Salaries and wages	$0
Repairs and maintenance	$0
Bad debts	$0
Interest	$0
Taxes and licenses	$3,303
Charitable contributions	$4,660
Depreciation	$0
Depletion	$0
Contributions to deferred compensation plans	$0
Employee benefit programs	$0
Excess exempt expenses	$0
Excess readership costs	$1,038,680
Other deductions	$43,940
Unrelated business taxable income	$41,942
Unrelated business taxable income before net operating loss deduction	$42,942
Net operating loss deduction	$0
Unrelated business taxable income before specific deduction	$42,942
Specific deduction	$1,000

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Radiological Society Of North America Inc	820 Jorie Blvd, Oak Brook, IL 60523-2284	IL	1943-03	$101,604,987
2	American Academy Of Orthopedic Surgeons	9400 W Higgins Rd, Rosemont, IL 60018-4974	IL	1949-04	$80,271,273
3	American Association Of Neurosurgeons Inc	5550 Meadowbrook Ct, Rolling Meadows, IL 60008	IL	1959-02	$25,529,344
4	Chicago Medical Society Foundation	515 N Dearborn St, Chicago, IL 60654-4679	IL	1943-01	$1,852,066
5	Chicago Dermatological Society Inc	10 W Phillip Rd Ste 120, Vernon Hills, IL 60061-1730	IL	1971-04	$180,709
6	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired, Northern Rockies Aer	3300 Graf Unit 21, Bozeman, MT 59715	MT	1984-12	$7,158
7	Neuroscience Foundation Of Brevard	7777 N Wickham Rd Ste 12-709, Melbourne, FL 32940	FL	2008-09	$3,641
8	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired	1113 S Holiday Dr, Waunakee, WI 53597	WI	1984-12	$0
9	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired	Po Box 475, Wood River, NE 68883	NE	1984-12	$0
10	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired, Alabama Chapter	721 Dawn Dr, Auburn, AL 36830-7111	AL	1984-12	$0
11	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired, Hawaii Chapter	1136 California Ave, Wahiawa, HI 96786-2343	HI	1984-12	$0
12	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired, Kansas Chapter	2301 S Water St, Wichita, KS 67213-4819	KS	1984-12	$0
13	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired, Missouri Chapter	813 E Harrison St, Kirksville, MO 63501-3147	MO	1984-12	$0
14	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired, New Jersey Chapter	400 Grove St, Haddonfield, NJ 08033-1119	NJ	1984-12	$0
15	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired, New Mexico Chapter	20 Owens Dr, Los Lunas, NM 87031-8067	NM	1984-12	$0
16	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired, North Carolina Chapter	1811 Capital Blvd, Raleigh, NC 27604-2144	NC	1984-12	$0
17	Assoc For Education & Rehbltatn Of The Blind & Visually Impaired, Utah Chapter	3010 S 2900 E, Salt Lake Cty, UT 84109-2149	UT	1984-12	$0
18	Assoc For Education Rehbltatn Of The Blind Visually Impaired	Po Box 1022, Madison, MS 39130-1022	MS	1984-12	$0
19	Bethesda Orthopaedic Alumni Association	110 West Rd Suite 227, Towson, MD 21204	MD	2009-02	$0
20	Virginia State Council Of The Emergency Nurses Association, Northern Virginia Chapter	4826 8th St S, Arlington, VA 22204-1432	VA	1993-04	$0

Number of organizations performing similar types of work

Alabama	1
California	1
Colorado	1
District of Columbia	2
Florida	5
Hawaii	2
Illinois	5
Kansas	2
Massachusetts	1
Maryland	2
Minnesota	1
Missouri	2

Mississippi	1
Montana	1
North Carolina	2
Nebraska	1
New Jersey	3
New Mexico	1
New York	1
Oklahoma	2
Utah	2
Virginia	4
Wisconsin	1

Total

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