INSTITUTE OF FOOD TECHNOLOGISTS Charity Report

Public IRS 990 nonprofit record

INSTITUTE OF FOOD TECHNOLOGISTS

EIN 36-2136957 · Education (B)

What they do

AS AN ORGANIZATION, THE INSTITUTE of FOOD TECHNOLOGISTS is FOCUSING ITS WORK IN FOUR MAIN AREAS, or "ROLES and GOALS." EACH is WIDE-REACHING and HELPS to ADVANCE OUR MISSION.STEWARD for THE PROFESSION and ITS COMMUNITY - PROVIDE LEARNING, NETWORKING and LEADERSHIP DEVELOPMENT EXPERIENCES THAT ENABLE FOOD SCIENCE and TECHNOLOGY PROFESSIONALS to BECOME LEADERS IN THE GLOBAL FOOD SCIENCE COMMUNITY.RESEARCH CHAMPION and INNOVATION CATALYST - CHAMPION EMERGING SCIENCES and FOSTER TECHNOLOGY DEVELOPMENT, APPLICATION and TRANSFER to INCREASE FUNDING for FOOD-RELATED RESEARCH and to SUPPORT INNOVATION IN FOOD SCIENCE.INFLUENTIAL ADVOCATE and TRUSTED SPOKESORGANIZATION - ENGAGE IN ADVOCACY and COMMUNICATION EFFORTS THAT ENHANCE RECOGNITION of THE PROFESSION and RESULT IN INCREASED UNDERSTANDING and APPLICATION of THE SCIENCE of FOOD.GLOBAL CITIZEN and PARTNER - PROACTIVELY CONTRIBUTE TO, and BE A PARTNER FOR, THE GLOBAL ADVANCEMENT and APPLICATION of THE SCIENCE of FOOD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.61%of revenue went to mission work85.1% of expenses · Program services

$101.77spent for every $100 of revenueSpending was higher than revenue this year.

15.16%of revenue went to management and office costs14.9% of expenses

$2.06in assets for every $1 spent this yearSome assets cannot be spent right away.

0.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $500,590 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $956,812 for CHRISTIE TARANTINO-DEAN (CEO, TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$28,265,583

Mission workProgram services$24,479,69986.61% of revenue85.1% of expenses

ManagementOffice and general costs$4,286,47415.16% of revenue14.9% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$28,766,173101.77% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.1% mission · 14.9% management · 0.0% fundraisingTotal expenses: 101.77% of revenue

2023Expense mix: 82.8% mission · 17.2% management · 0.0% fundraisingTotal expenses: 104.21% of revenue

2022Expense mix: 83.1% mission · 16.9% management · 0.0% fundraisingTotal expenses: 84.29% of revenue

2021Expense mix: 71.9% mission · 28.1% management · 0.0% fundraisingTotal expenses: 95.20% of revenue

2020Expense mix: 63.2% mission · 36.8% management · 0.0% fundraisingTotal expenses: 165.58% of revenue

2019Expense mix: 65.0% mission · 35.0% management · 0.0% fundraisingTotal expenses: 115.28% of revenue

2018Expense mix: 69.5% mission · 30.5% management · 0.0% fundraisingTotal expenses: 117.54% of revenue

2017Expense mix: 75.3% mission · 24.7% management · 0.0% fundraisingTotal expenses: 91.70% of revenue

Money in and money out

Revenue$28,265,583

Expenses$28,766,173

Annual shortfall $500,590 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$24,479,699 · 85.1% of expenses

Management and office costs$4,286,474 · 14.9% of expenses

See all reported dollar amounts

Revenue$28,265,583

Expenses$28,766,173

Assets$59,376,865

Income$50,513,871

Contributions$111,502

Mission work (program services)$24,479,699

Grants given$1,480,500

Average grant$47,758

Management and general$4,286,474

Stocks and bonds$47,667,905

Accounting fees$82,924

Investing fees$162,499

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHRISTIE TARANTINO-DEANCEO, TRUSTEE · 50 hrs/week $956,812Base $904,155 · Other $52,657

MARK BARENIESR. VP & CFO (THRU AUG 2025) · 45 hrs/week $554,468Base $479,013 · Other $75,455

BRYAN HITCHCOCKCHIEF SCIENCE & TECH OFFICER · 45 hrs/week $360,187Base $301,648 · Other $58,539

KATHERINE DOCKINSSR. VP, MEMBERSHIP · 45 hrs/week $331,087Base $281,518 · Other $49,569

TERRENCE MERKLEYVP INFORMATION TECHNOLOGY · 45 hrs/week $323,887Base $281,250 · Other $42,637

WILLIAM MCDOWELLEDITOR-IN-CHIEF · 45 hrs/week $319,778Base $261,871 · Other $57,907

ANNA LEIGH ROSALESSR. DIRECTOR OF GOV AFFAIR · 45 hrs/week $265,834Base $240,840 · Other $24,994

MELODIE ANDERSONDIRECTOR OF OPERATIONS · 45 hrs/week $226,596Base $203,203 · Other $23,393

TAMARA STACEYCOO (AS OF AUG 2024) · 45 hrs/week $109,221Base $102,808 · Other $6,413

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

CHRISTIE TARANTINO-DEANCEO, TRUSTEE

MARK BARENIESR. VP & CFO (THRU AUG 2025)

BRYAN HITCHCOCKCHIEF SCIENCE & TECH OFFICER

KATHERINE DOCKINSSR. VP, MEMBERSHIP

TERRENCE MERKLEYVP INFORMATION TECHNOLOGY

WILLIAM MCDOWELLEDITOR-IN-CHIEF

ANNA LEIGH ROSALESSR. DIRECTOR OF GOV AFFAIR

MELODIE ANDERSONDIRECTOR OF OPERATIONS

TAMARA STACEYCOO (AS OF AUG 2024)

MARTHA MONTOYADIRECTOR

VIRAL SHUKLADIRECTOR

SUZANNE JOHANNINGSMEIERDIRECTOR

STEPHANIE JUNGDIRECTOR

SEAN LEIGHTONIMMEDIATE PAST PRESIDENT

PEGGY POOLEPRESIDENT - ELECT

NOEL ANDERSONTREASURER

NANCY MORIARITYDIRECTOR

MOHAMED BADAOUI NAJJARDIRECTOR

CHRIS DAUBERTPRESIDENT

LUUVAN HOANGDIRECTOR

JULIE MANNDIRECTOR

JOE LIGHTDIRECTOR

JEFF VARCOEDIRECTOR

JANA SCHREUDERDIRECTOR

JAMIE VALENTI-JORDANDIRECTOR (THRU MAY 2025)

JAIME REEVESDIRECTOR

GIRISH GANJYALDIRECTOR

DARRYL RILEYDIRECTOR

About this charity

Recognized since: January 1952
Location: 433 W VAN BUREN ST STE 11-G, CHICAGO, IL 60607-5070
County: Cook
In care of: CHRISTIE TARANTINO-DEAN
Primary officer: CHRISTIE TARANTINO-DEAN, CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@ift.org Phone(312) 782-8424

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Education (B)
IRS tax category: Education
Grant-giving organization: Yes