2026-04-23T15:28:55-07:00 2025-12-31 990 2025-01-01 340812556 THE ASSOCIATION FOR RESEARCH IN VISION AND OPHTHALMOLOGY ASSO 2402212900 19226 Montgomery Village Ave 311 Gaithersburg MD 208863700 Jason Spessard Chief Operating & Financial Officer 2402212916 2026-04-23 2025 2025-03-06 01:10:19Z X Iris M Rush 19226 Montgomery Village Ave 311 Gaitherburg MD 20886 16077666 0 X www.arvo.org X 1936 NY Advance research to understand the visual system & prevent, treat & cure its disorders. 15 15 41 150 35698 2501726 2433861 8862527 8810314 2507621 900477 40484 24566 13912358 12169218 82992 81808 0 0 4738356 4982491 0 0 0 6256988 6265102 11078336 11329401 2834022 839817 23327104 22921004 6825748 4210214 16501356 18710790 ARVO ADVANCES RESEARCH WORLDWIDE INTO UNDERSTANDING THE VISUAL SYSTEM AND PREVENTING, TREATING AND CURING ITS DISORDERS. 0 0 4099921 0 5703380 ANNUAL CONVENTION - THE MEMBERS OF THE ASSOCIATION GATHER ANNUALLY AND PERIODICALLY TO SHARE THE RESULTS OF THEIR RESEARCH EFFORTS. 1562396 0 2376334 JOURNALS - PUBLICATIONS INCLUDE IOVS, JOV, AND TVST THAT FOCUS ON EYE AND VISION RESEARCH. 309055 21114 35118 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. 622795 60500 193273 Education and Professional Development Programs - Provided to ARVO members throughout the year on topics relevant to eye and vision scientists. 251581 194 0 Advocacy and Outreach 874376 60694 193273 6845748 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 21 0 1 41 1 1 1 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD NY X JASON SPESSARD 2402212916 19226 Montgomery Village Ave 311 Gaithersburg MD 208863700 IRIS M RUSH CAE EXECUTIVE DIRECTOR 37.5 5 X 387245 0 39502 JASON SPESSARD CAE CHIEF OPERATING & FINANCIAL OFFICER 37.5 5 X 277401 0 25327 DANIEL IGNASZEWSKI EXECUTIVE DIRECTOR-NAEVR AEVR 37.5 0 X 266601 0 25885 TIMOTHY MAXEY CHIEF INFORMATION OFFICER 37.5 0 X 231991 0 24274 LANCEY COWAN JD CAE CHEIF OFFICER - MEETINGS & COMMUNITY ENGAGEMENT 37.5 0 X 215874 0 33448 JULENE JOY CAE CHIEF MARKETING & COMMUNICATIONS OFFICER 37.5 0 X 200106 0 44759 JONATHAN MALLETT PHD SENIOR DIRECTOR OF JOURNALS 37.5 0 X 167452 0 17991 KATHERINE COX SR DIRECTOR OF PROGRAMMING 37.5 0 X 150744 0 24101 ELIZABETH AUSTIN DIRECTOR, MARKETING & MEMBERSHIP 37.5 0 X 136092 0 31485 ROBERT CANAS DIRECTOR, FINANCE & ADMINISTRATION 37.5 0 X 136777 0 22278 J MARK PETRASH PHD FARVO EXECUTIVE VICE PRESIDENT 4 0 X X 50000 0 0 SRRINIVAS SADDA MD FARVO IMMEDIATE PAST PRESIDENT 2 0 X X 0 0 0 FRANK LOVICU PHD FARVO VICE PRESIDENT 4 0 X X 0 0 0 JOSEPH DEMER MD PHD FARVO VICE PRESIDENT 4 0 X X 0 0 0 SOPHIE DENG MD PHD FARVO PRESIDENT 4 0 X X 0 0 0 TERRI YOUNG MD PHD FARVO PRESIDENT-ELECT 4 0 X X 0 0 0 TIEN WONG FRCS PHD FARVO VICE PRESIDENT-ELECT 4 0 X X 0 0 0 WEI LI MD PHD VICE PRESIDENT-ELECT 4 0 X X 0 0 0 C ROSS ETHIER PHD FARVO TREASURER 2 0 X X 0 0 0 MATTHEW WILSON MD TRUSTEE 2 0 X 0 0 0 SUSANA CHUNG OD PHD FAAO FARVO TRUSTEE 2 0 X 0 0 0 JUNKO HORI MD PHD FARVO TRUSTEE 2 0 X 0 0 0 GOLDIS MALEK PHD FARVO TRUSTEE 2 0 X 0 0 0 AMANI FAWZI MD FARVO TRUSTEE 2 0 X 0 0 0 BRIAN GILGER DVM MS FARVO TRUSTEE 2 0 X 0 0 0 ELISE MA MD PHD TRUSTEE, TRAINEE EX OFFICIO 2 0 X 0 0 0 2220283 0 289050 21 0 1 0 PROJECTION 5803 Rolling Road Suite 200 Springfield VA 22152 MEETING AUDIO VISUAL SERVICES 934600 FREEMAN PO Box 734596 Dallas TX 753734596 CONFERENCE SERVICES 464467 NTP INC 313 South Patrick Street Alexandria VA 22314 EXHIBITOR SERVICES 384922 APTARA 3110 Fairview Park Drive Suite 900 Falls Church VA 220424534 JOURNAL SERVICES 349058 SILVERCHAIR 316 East Main Street Suite 300 Charlottesville VA 22902 JOURNAL HOSTING 255539 8 0 2357861 0 0 0 76000 0 2433861 ANNUAL CONVENTION 541900 5703380 5703380 0 0 PUBLICATIONS 541700 2362168 2326470 35698 0 MANAGEMENT FEES 900099 516375 516375 0 0 OTHER MEETINGS & EDUCATION 900099 193273 193273 0 0 AWARDS & GRANTS 900099 35118 35118 0 0 0 0 0 0 8810314 715997 0 0 715997 0 0 0 0 24566 0 0 24566 0 0 4092928 0 3908448 0 184480 0 184480 0 0 184480 0 0 12169218 8774616 35698 925043 25000 25000 44665 44665 12143 12143 50000 0 50000 0 3921776 1418103 2503673 348688 119842 228846 398043 137485 260558 263984 97541 166443 445807 338308 107499 137225 137225 56428 56428 0 0 0 0 444127 362762 81365 288102 246551 41551 514242 189281 324961 734872 82923 651949 49615 7210 42405 222668 184564 38104 2015801 1966119 49682 119935 119935 50487 22476 28011 OVERHEAD ALLOCATION 0 670236 -670236 0 BAD DEBT & DISPOSALS 267881 34166 233715 0 MISCELLANEOUS EXPENSE 54432 22893 31539 0 PRINTING & PUBLICATIONS 709925 709925 0 0 153555 153555 0 0 11329401 6845748 4483653 0 3194111 2209244 0 0 0 0 210769 299141 0 0 0 0 0 0 0 0 594694 942790 1048669 701598 2646731 347071 15253663 17523755 0 0 0 0 0 0 1427136 1599003 23327104 22921004 610231 505560 0 0 3529296 3704654 0 0 0 0 0 0 0 0 0 0 2686221 0 6825748 4210214 X 16459059 18666449 42297 44341 16501356 18710790 23327104 22921004 839817 1430910 0 -61293 0 0 X 0 1 X 1 0 X 2609285 1957746 2312567 2501726 2433861 11815185 5132713 5911114 7210292 8822492 8774616 35851227 7741998 7868860 9522859 11324218 11208477 47666412 47666412 737645 418435 322574 509352 740563 2728569 737645 418435 322574 509352 740563 2728569 58341 63473 53999 40035 35698 251546 0 0 0 0 0 0 8537984 8350768 9899432 11873605 11984738 50646527 0.94116 0.94076 0.05387 0.05300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 132300 132300 11197101 11329401 716470 179118 0 0 596623 656950 701547 716470 2671590 4007385 134250 139576 147928 132300 554054 149156 164238 175387 179118 667899 1001849 0 0 0 0 0 572579 0 81000 30857 0 0 622722 541097 0 58767 27285 0 0 572579 504735 0 72840 36478 0 0 541097 617827 0 -99617 13475 0 0 504735 527879 0 94069 4121 0 0 617827 0.952 0.032 0.016 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1048669 701598 347071 0 0 0 0 347071 DUE FROM RELATED ORGANIZATION 1598581 SECURITY DEPOSIT 422 1599003 0 0 X 13538835 1430910 0 0 0 1430910 12107925 61293 0 61293 12169218 11329401 0 0 0 0 0 11329401 0 0 0 11329401 Schedule D, Part V, Line 4 The organization's endowments consist of various funds maintained to finance various member achievement awards and trainee awards. Schedule D, Part X, Line 2 ARVO is exempt from the payment of income taxes on its exempt activities under section 501(c)(3) of the Internal Revenue Code (IRC) and has been classified by the Internal Revenue Service (IRS) as other than a private foundation under section 509(a)(2). The organization has analyzed its tax positions taken for filings with the IRS and state taxing authorities. As of December 31, 2025, it believes that the tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on its financial position, changes in its net assets, or cash flows. 1 North America (including Canada and Mexico, but not the United States) 0 0 Grantmaking Achievement Awards 25000 South Asia 0 0 Grantmaking Achievement Awards 8215 Europe (including Iceland and Greenland) 0 0 Grantmaking Achievement Awards 3928 0 0 37143 North America (including Canada and Mexico, but not the United States) Presentation Award 25000 Wire Transfer 0 Book 0 1 Achievement Awards Europe (including Iceland and Greenland) 1 3928 Wire transfer 0 Book Achievement Awards South Asia 2 8215 Wire Transfer 0 Book 0 0 0 0 0 0 Schedule F, Part I, Line 2 TRAVEL GRANTS ARE AWARDED TO HIGHLY-SCORED ABSTRACT PRESENTERS WHO MEET THE ESTABLISHED CRITERIA SET BY ARVO AND/OR THE DONORS. AFTER ATTENDANCE IS CONFIRMED A PAYMENT IS MADE TO REIMBURSE EACH RECIPIENT FOR THEIR TRAVEL EXPENSES. GRANTS ARE AWARDED IN THE UNITED STATES AND ABROAD TO RECOGNIZE AND RETAIN THE BEST IN VISION RESEARCH. MONITORING THE USE OF THE FUNDS: THERE IS AN OFFICIAL REQUEST AND APPROVAL PROCESS FOR MONITORING GRANT FUNDS. AN INVOICE CONTAINING THE PROGRAM ACCOUNTING CODES IS GENERATED, THE INVOICE IS APPROVED WITHIN THE PROGRAM BUDGET, AND THE EXECUTIVE DIRECTOR APPROVED DISBURSEMENT PAYMENTS. 1 Serene Ophthalmic Inc 204 Gross Drive Glen Gardner NJ 08826 333279581 15000 0 Book Presentation Award Oculogenex Inc 2250 W Whittier Blvd Suite 300 La Habra CA 90631 852871615 10000 0 Book Presentation Award 0 2 Travel Grants 5 3925 0 Book Achievement Awards 21 15741 0 Book Schedule I, Part I, Line 2 The funds distributed by ARVO are awarded to individual recipients who meet the criteria established by the organization and donors. Grants are awarded in the United States to recognize and retain the best in vision research. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 IRIS M RUSH CAE EXECUTIVE DIRECTOR 386245 0 1000 0 0 0 38294 0 1209 0 426748 0 0 0 JASON SPESSARD CAE CHIEF OPERATING & FINANCIAL OFFICER 245401 0 11000 0 21000 0 24534 0 793 0 302728 0 0 0 DANIEL IGNASZEWSKI EXECUTIVE DIRECTOR-NAEVR AEVR 261601 0 5000 0 0 0 25885 0 0 0 292486 0 0 0 LANCEY COWAN JD CAE CHEIF OFFICER - MEETINGS & COMMUNITY ENGAGEMENT 211874 0 4000 0 0 0 18794 0 14654 0 249322 0 0 0 TIMOTHY MAXEY CHIEF INFORMATION OFFICER 227991 0 4000 0 0 0 22449 0 1824 0 256264 0 0 0 JULENE JOY CAE CHIEF MARKETING & COMMUNICATIONS OFFICER 196106 0 4000 0 0 0 20822 0 23937 0 244865 0 0 0 JONATHAN MALLETT PHD SENIOR DIRECTOR OF JOURNALS 163952 0 3500 0 0 0 16167 0 1824 0 185443 0 0 0 KATHERINE COX SR DIRECTOR OF PROGRAMMING 147244 0 3500 0 0 0 15248 0 8853 0 174845 0 0 0 ELIZABETH AUSTIN DIRECTOR, MARKETING & MEMBERSHIP 132592 0 3500 0 0 0 14192 0 17293 0 167577 0 0 0 ROBERT CANAS DIRECTOR, FINANCE & ADMINISTRATION 133277 0 3500 0 0 0 13403 0 8875 0 159055 0 0 0 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. Form 990, Part VI, Section A, Line 6 REGULAR & LIFE MEMBERS - INDIVIDUALS DEMONSTRATING A SERIOUS INTEREST IN OR MAKING SIGNIFICANT SCIENTIFIC CONTRIBUTIONS TO VISUAL SCIENCE. MEMBERS-IN-TRAINING - POSTGRADUATE FELLOWS AND RESIDENTS - INDIVIDUALS IN FULL-TIME TRAINING AT INSTITUTIONS OF HIGHER LEARNING IN A SCIENTIFIC FIELD RELATED TO VISION OR OPHTHALMOLOGY WHO HAVE ATTAINED A DOCTORATE LEVEL DEGREE. NON VOTING. MEMBERS-IN-TRAINING - STUDENT AND PREDOCTORAL GRADUATE STUDENTS - INDIVIDUALS ENROLLED FULL TIME AS UNDERGRADUATES, GRADUATE, OPTOMETRY STUDENTS OR MEDICAL STUDENTS AT INSTITUTIONS OF HIGHER LEARNING IN A SCIENTIFIC FIELD RELATED TO VISION OR OPHTHALMOLOGY WHO HAVE NOT EARNED A DOCTORAL LEVEL DEGREE. NON VOTING. RETIRED MEMBERS AND EMERITUS FELLOWS - SUCH PERSON HAS BEEN A REGULAR MEMBER FOR A CUMULATIVE TOTAL OF AT LEAST TWENTY YEARS; IS RETIRED FROM EMPLOYMENT AND IS NO LONGER ENGAGED IN REGULAR RESEARCH, ACADEMIC OR OTHER SCIENTIFIC ACTIVITIES. NON VOTING. Form 990, Part VI, Section A, Line 7a THE ONLY CLASS OF MEMBERSHIP ENTITLED TO HOLD ANY ELECTED OFFICE IN ARVO SHALL BE REGULAR AND LIFE MEMBERS. MEMBERS SHALL HAVE VOTING RIGHTS IN ONLY ONE SECTION OF ARVO. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED BE THE EXECUTIVE VICE PRESIDENT AND EXECUTIVE DIRECTOR EACH YEAR BEFORE FILING. IN ADDITION, THE FULL BOARD RECEIVES ACCESS TO THE 990 FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE ANNUALLY SUBMITS A WRITTEN STATEMENT TO THE EXECUTIVE VICE PRESIDENT OF ARVO REGARDING CONFLICTS OF INTEREST. IF AT ANY TIME DURING THE YEAR THE INFORMATION IN THE ANNUAL STATEMENT CHANGES MATERIALLY, THE PERSON SHOULD DISCLOSE SUCH CHANGES AND REVISE THE ANNUAL DISCLOSURE FORM. THE FINANCE COMMITTEE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THIS POLICY BY REVIEWING ANNUAL STATEMENTS AND TAKING SUCH OTHER ACTIONS AS ARE NECESSARY FOR EFFECTIVE OVERSIGHT. CONFLICTS OF INTEREST AND CIRCUMSTANCES THAT COULD GIVE RISE THERETO SHOULD BE DISCLOSED TO THE FINANCE COMMITTEE PROMPTLY UPON BECOMING AWARE THEREOF. THE FINANCE COMMITTEE SHALL TAKE APPROPRIATE ACTION TO ADDRESS CONFLICTS OF INTEREST IN ACCORDANCE WITH THIS POLICY AND SHOULD INFORM THE BOARD OF TRUSTEES AS NECESSARY REGARDING ANY CONFLICTS OF INTEREST. Form 990, Part VI, Section B, Line 15 THE FINANCE COMMITTEE REVIEWS SALARY STRUCTURE PERIODICALLY AGAINST THE MARKET SURVEY WITH EACH CATEGORY TO APPROVE OR RECOMMEND ANY ADJUSTMENTS. THE MOST RECENT YEAR IN WHICH THE PROCESS INCLUDED REVIEW AND APPROVAL BY THE INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION WAS IN 2025. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. The ARVO Foundation for Eye Research 19226 Montgomery Village Ave 311 Gaithersburg MD 20886 522322462 Education and stable support for original and innovative research MD 501(c)(3) Line 12A, I Association for Research in Vision and Ophthalmology 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 The ARVO Foundation for Eye Research q 912453 Cash