Overview
What is Musculoskeletal Tumor Society?
The Musculoskeletal Tumor Society is a nonprofit organization located in Schaumburg, Illinois. Its primary focus is to advance the field of orthopedic oncology and ensure high-quality patient care. They accomplish this by organizing annual meetings where specialists in sarcoma cancers can stay updated on the latest research and treatments. The society's mission is driven by a commitment to excel in education, research, and advocacy, all with the aim of benefiting patients and orthopedic oncologists alike. By doing so, the Musculoskeletal Tumor Society contributes to the collective understanding and effective management of musculoskeletal tumors.
Official website here: www.msts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44%
The Musculoskeletal Tumor Society has received a 44% score from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This low score highlights significant concerns regarding the organization’s financial accountability and transparency. While the society benefits from a fully independent board and has no reported diversion of assets, there are missing policies in crucial areas such as conflict of interest, whistleblower protections, and document retention, which have contributed to its unsatisfactory rating.
Despite having some strengths, including a strong audit oversight committee and proper documentation of board meeting minutes, the overall financial health of the organization is questionable. The program expense ratio of 47.39% indicates that less than half of its expenditures are directed towards its programs, which raises concerns about the effectiveness of its spending. Additionally, the high liabilities to assets ratio of 9.99% signals potential financial instability.
Overall, the Musculoskeletal Tumor Society’s lack of essential policies and poor financial metrics suggests that potential donors should exercise caution. Improved transparency and accountability practices could enhance the organization's standing and effectiveness in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Musculoskeletal Tumor Society legitimate?
Musculoskeletal Tumor Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Musculoskeletal Tumor Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $118,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,015
For more financial information, click here
Official website here: www.msts.org
What is the mission statement of Musculoskeletal Tumor Society?
The Musculoskeletal Tumor Society's mission is centered around advancing the field of orthopedic oncology and enhancing patient care. They accomplish this by focusing on excellence in education, research, and advocacy, acting on behalf of patients and orthopedic oncologists. The society strives to promote high-quality patient care and keeps orthopedic surgeons informed about the latest research and treatments through events like their annual meeting, where specialists in sarcoma cancers can learn about the latest advancements.
Official website here: www.msts.org
What is the revenue of Musculoskeletal Tumor Society?
Musculoskeletal Tumor Society's revenue in 2023 was $930,533.
Official website here: www.msts.org
Who are the executives of Musculoskeletal Tumor Society and what are their salaries?
There 65 volunteers at Musculoskeletal Tumor Society.
Here are 12 key members and their salaries:
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- Compensation: $118,534
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- Other: $52,435
Official website here: www.msts.org
Where can I find the form 990 for Musculoskeletal Tumor Society?
Musculoskeletal Tumor Society's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.msts.org
Learn more at the official website: www.msts.org
Mission Statement of Musculoskeletal Tumor Society
The Musculoskeletal Tumor Society, a renowned organization, is committed to furthering the field of orthopaedic oncology and enhancing patient care standards. At its core, its mission is to advance scientific knowledge in this specialized area and advocate for high-quality patient care. It achieves this objective through its dedication to excellence in education and research. The society serves as a platform for orthopaedic surgeons who specialize in sarcoma cancers, providing them with the latest research and treatment insights at its annual meeting. By fostering a collaborative learning environment, the Musculoskeletal Tumor Society aims to improve patient outcomes and contribute to the ongoing development of orthopaedic oncology.
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Impact
July, 2024
The Musculoskeletal Tumor Society plays a pivotal role in advancing the field of orthopaedic oncology and ensuring high standards of patient care. Through its annual meeting, the society provides a crucial forum for orthopaedic surgeons specializing in sarcoma cancers to receive education on the latest research and treatments. By fostering excellence in education and research, as well as advocating for patients and orthopaedic oncologists, the Musculoskeletal Tumor Society makes a significant impact on the healthcare sector. Its dedication to promoting best practices and supporting advancements in medical research greatly benefits both patients and medical professionals in the field.
This information is meant to be a general summary of Musculoskeletal Tumor Society. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $28,205
- Program Service Revenue: $547,075
- Gross Receipts: $937,601
Assets and Liabilities:
- Total Assets: $1,841,901
- Total Liabilities: $184,069
- Net Assets: $1,657,832
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING REGISTRATIONS,
Revenue
$547,075
Organization Details
Founding Year
1989
Principal Officer
Kerri Mink
Website
www.msts.orgNTEE Category
Code: H99E - Medical research
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