2023 Financial Report

The ISAKOS Finance Committee meticulously strategizes ISAKOS's budget for each term, ensuring prudent allocation of our members' funds to elevate and enrich our diverse educational programs optimally. ISAKOS set ambitious financial goals for 2023, encompassing a wide range of areas including membership expansion, increased attendance at in-person meetings, enhanced sponsorship opportunities, and the delivery of innovative educational programs. As an organization, ISAKOS is charting a path of steady growth and recovery following the challenges posed by the global pandemic. This commitment is underscored by our unwavering dedication to securing a safe and sustainable financial future for the organization.

Revenue Sources

ISAKOS strategically emphasizes educational initiatives to fortify its revenue streams. The ISAKOS Congress, collaborative courses, and partnerships form the cornerstone of this endeavor, simultaneously advancing the organization's mission and enhancing patient care standards. Integral to this effort are the annual dues contributed by ISAKOS's expansive network of over 3,000 global members.

Expenses

ISAKOS prudently directs its funds, ensuring that each allocation aligns with the organization's overarching mission. In 2023, besides delivering our first in-person Congress since 2019, a significant portion of the budget was earmarked for educational programming and research grants, underscoring ISAKOS's commitment to advancing knowledge and supporting groundbreaking research initiatives within the field.