EIN 36-2136957

Institute of Food Technologists (IFT)

IRS 501(c) type
501(c)(3)
Num. employees
89
Year formed
1939
Most recent tax filings
2023-08-01
Description
This year marks the 75th anniversary of the Institute of Food Technologists. Since its founding in 1939, IFT has been committed to advancing the science of food, both today and tomorrow. Our non-profit scientific society more than 18,000 members from more than 100 countries - brings together food scientists, technologists and related professionals from academia, government and industry. The Institute of Food Technologists (IFT) exists to advance the science of food. Our long-range vision is to ensure a safe and abundant food supply contributing to healthier people everywhere.
Also known as...
Institute of Food Techologists
Total revenues
$31,431,139
2023
Total expenses
$26,493,048
2023
Total assets
$50,817,570
2023
Num. employees
89
2023

Program areas at IFT

Annual meeting and Food expo:the Institute's annual meeting and Food expo brings members and nonmembers, approximately 18,000 to 20,000 individuals on an annual basis, together for three days of technical sessions, symposia and forums designed to update their awareness in all areas of Food technology. More than 1,800 papers and presentations are available while exhibitors number approximately 900.
Membership experiences:the Institute's services associated with helping members become part of a vibrant community that is shaping the Food science and technology profession.
Publications and communications:food technology is the leading publication addressing all facets of Food science and technology. Its in-depth and balance coverage includes the latest research developments, industry news, consumer product innovations, and professional opportunities.since 1936, the journal of Food science has been the Institute of Food Technologists' premier science journal, containing peer-reviewed reports or original research and critical reviews of all aspects of Food science. Today it publishes more than 500 papers a year - over 3,000 pages of original research and scientific reviews.
Other program services include knowledge and learning experiences, science technology, science and policy initiatives, the global Food traceability center, and support of the ift foundation.

Grants made by IFT

GranteeGrant descriptionAmount
Food Systems for the Future InstituteGlobal Food Systems Challenge$250,000
Inmed Partnerships for ChildrenGlobal Food Systems Challenge$100,000
World Wildlife Fund (WWF)Global Food Systems Challenge$100,000

Who funds Institute of Food Technologists (IFT)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Seeding the Future FoundationThe Global Food System Challenge Fund$1,131,999
MultiplierSupport Establishment of New Entity To Ensure the Impact of the Global Dialogue on Seafood... Traceability's Standards.$175,405
Feeding TomorrowSupport Science, Communications, Career Guidance and Other Programs$100,000
...and 5 more grants received

Personnel at IFT

NameTitleCompensation
Christie Tarantino-DeanChief Executive Officer$771,832
Mark BarenieSenior Vice President and Chief Financial Officer$396,950
Bryan HitchcockChief Science and Technology Officer$264,097
William McDowellEditor in Chief$236,547
John RuffChief Science Advisor$193,336
...and 26 more key personnel

Financials for IFT

RevenuesFYE 08/2023
Total grants, contributions, etc.$1,199,777
Program services$22,046,759
Investment income and dividends$1,064,336
Tax-exempt bond proceeds$0
Royalty revenue$881,535
Net rental income$0
Net gain from sale of non-inventory assets$-32,399
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,271,131
Total revenues$31,431,139

Form 990s for IFT

Fiscal year endingDate received by IRSFormPDF link
2023-082024-03-21990View PDF
2022-082023-06-07990View PDF
2021-082022-04-28990View PDF
2020-082021-04-19990View PDF
2019-082020-09-16990View PDF
...and 10 more Form 990s
Data update history
June 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 6 new personnel
May 19, 2024
Used new vendors
Identified 1 new vendor, including
January 2, 2024
Received grants
Identified 2 new grant, including a grant for $175,405 from Multiplier
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsProfessional associationsBusiness and community development organizationsFood and nutrition programsHeadquarter / parent organizationsCharities
Issues
Science and technologyHuman servicesCommunity improvementFood and nutritionBusiness and industry
Characteristics
MembershipsPolitical advocacyLobbyingOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
525 W Van Buren 1000
Chicago, IL 60607
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
iftevent.org/membership 
Phone
(312) 782-8424
Facebook page
IFTfoodscience 
Twitter profile
@ift 
IRS details
EIN
36-2136957
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
K03: Food, Agriculture and Nutrition Professional Societies and Associations
NAICS code, primary
813920: Professional Associations
Parent/child status
Independent
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