2019 Report of the Secretary-Treasurer

I am pleased to report that RSNA membership continues to maintain a high level in line with previous years. In FY 2018-2019, the Society accepted 6,339 new members.

We annually promote membership in our Society to new radiology residents and medical students. Through this year's promotional efforts 4,579 radiology residents and medical students joined the RSNA (1,399 new Members-in-training, 2,221 new Corresponding Members-intraining, 164 Fellows, and 795 Medical Students).

We are pleased to see our specialty’s future leaders taking advantage of the great opportunities offered to them through RSNA membership. Members-in-training and medical students do not pay dues, have free access to RSNA benefits like Online Education, are allowed free admission to the RSNA Scientific Assembly and Annual Meeting, and receive access to the journals Radiology, RadioGraphics, Radiology: Artificial Intelligence, Radiology: Cardiothoracic Imaging and Radiology: Imaging Cancer or subscribe to the printed versions of Radiology and RadioGraphics at a highly subsidized rate.


RSNA Record of Membership

  Active Assoc
Med Stu
Retired Honorary Corresp
 18,437  1,811  2,121  10,594  8,087  6,112  71  6,243  53,476
68  6,387

Deceased RSNA Members from 11/1/18 - 10/31/19

Jonathan Adler, MD, Katonah, NY (R72)
William R. Allen Sr, MD, Leavenworth, KS (R56)
John R. Amberg, MD, La Jolla, CA (R60)
Jim W. Baltzell, MD, Minnetonka, MN (R98)
Michael E. Berlow, MD, Lakewood Ranch, FL (R79)
Rainer G. Bluemm, MD, Bad Salzuflen, Germany (R84)
Murray Boles, MD, Southfield, MI (R71)
G. H. Brister, MD, Wausau, WI (R63)
Donald R. Bryant, MD, Flushing, MI (R51)
Hyo H. Byun, MD, PhD, Northbrook, IL (R71)
Noel Carroll, MD, Townshend, VT (R76)
Winston T. Casis, MD, Gurnee, IL (R75)
Rosemary J. Chambers, MD, Gerrards Cross, United Kingdom (R81)
Ki E. Chung, MD, Chicago, IL (R71)
Michel Claudon, MD, Vandoeuvre-les-Nancy, France (M91)
Edward M. Cockerill, MD, Zionsville, IN (R72)
Richard M. Craig, MD, Savannah, GA (R58)
Giulio J. D'Angio, MD, Philadelphia, PA (R66)
Marvin L. Daves, MD, Prescott, AZ (R63)
Felipe N. De Jesus, MD, Gurabo, PR (R82)
Jose De Jesus De La Torre Beltran, MD, Hermosillo, Mexico (M12)
Bhasker J. Desai, MD, Maple Grove, MN (R63)
Gerald F. Dobel, MD, Columbia, MO (R66)
Conway J. Don, MD, Ottawa, Canada (R77)
John T. Dwyer, MD, Jackson, NJ (R82)
William R. Eyler, MD, Beverly Hills, MI (R54)
Laurence H. Fitzgerald, MD, Walnut Creek, CA (R79)
Lillian M. Fuller, MD, Houston, TX (R68)
Samuel T. Gerber, MD, Skokie, IL (R59)
Frederick R. Gilmore, MD, Girard, PA (R51)
Dwight W. Glenn, PhD, Adelphi, MD (R64)
Arthur D. Graham, MD, Colorado Springs, CO (R73)
N. Thorne Griscom, MD, Boston, MA (R68)
Jeng Y. Gu, MD, Sayre, PA (R74)
David A. Hager, MD, DVM, Cardiff, CA (R86)
Franz J. Hallermann, MD, Fair Oaks, TX (R69)
Robert L. Hamm, MD, Washington, DC (M84)
Loren E. Hart Jr, MD, Green Bay, WI (R57)
E. Ralph Heinz, MD, Chapel Hill, NC (M71)
Peter G. Herman, MD, Great Neck, NY (R77)
Martin W. Herman, PhD, Rancho Palos Verdes, CA (R79)
George Hermann, MD, Forest Hills, NY (M79)
Marvin L. Hinke, MD, Presque Isle, ME (R71)
Lynda L. Hon, MD, Huntsville, AL (R81)
John T. Hsu, MD, New York, NY (R83)
Ian Isherwood, MD, Cheshire, United Kingdom (H93)
Stephen A. Kanter, MD, Pasadena, CA (R70)
Carl M. Kaplan, MD, Boca Raton, FL (R73)
Iraj Khalkhali, MD, Rolling Hills, CA (R84)
William J. Kieffer, MD, Lakeland, FL (R65)
San S. Kim, MD, Corniny, NY (R85)
Frank W. Lane Jr, MD, Ormond Beach, FL (R57)
Michael Lane, MD, Carlsbad, CA (R04)
Marco M. Leonardi, MD, Bologna, Italy (R89)
Chun-Der L. Li, MD, Dallas, TX (G106)
Donald S. Linton, MD, Sanibel, FL (R68)
Marion F. Magalotti, MD, Riverside, IL (R49)
Sharon E. Meagher, MD, Chicago, IL (R91)
Dee L. Metcalf III, MD, Greeneville, TN (R72)
George C. Mok, MD, Windsor, Canada (R62)
James R. Monnahan, MD, Provo, UT (R61)
Eleanor D. Montague, MD, Houston, TX (R65)
Pablo L. Morales, MD, San Juan, PR (R56)
Yutaka Morita, MD, PhD, Hokkaido, Japan (R93)
Eileen Mullin, MD, San Jose, CA (R62)
Mathew L. Nickels, MD, Clovis, CA (R69)
Thomas F. O'Connor, MD, Sudbury, MA (R83)
Hernando G. Ortiz, MD, San Juan, PR (M79)
Enrique Pantoja, MD, Middletown, OH (R76)
Billy J. Parnell, MD, Dallas, TX (R65)
Cyrus W. Partington, MD, Colorado Springs, CO (R57)
Michael A. Prosin, MD, Scottsdale, AZ (R72)
Michael J. Rokoff, MD, La Jolla, CA (R74)
Richard A. Rosen, MD, Mount Vernon, NY (R80)
Harry Sassoon, MD, Huntington Beach, CA (R77)
William T. Shultz, MD, Mena, AR (R60)
Herschel H. Solomon, MD, San Francisco, CA (R82)
Lenny K. Tan, MD, Singapore, Singapore (H83)
Archibald W. Templeton, MD, Aiken, SC (R63)
June M. Unger, MD, Scottsdale, AZ (R64)
Merrill K. Winderman, MD, Long Beach, CA (R71)
Thomas A. Yeo, MD, Winnipeg, Canada (M70)
Lionel W. Young, MD, Loma Linda, CA (R75)

Financial Statements

The financial statements for the fiscal year ended June 30, 2019, reflect positive earnings for the Society.

The Society continues to experience financial growth. This is a result of maintaining its revenue sources and at the same time controlling its expenses. The return on investments is especially important for the Society’s Research and Education Foundation, as its ability to fund grants is directly impacted by investment earnings.

BKD LLP completed its annual audit of the Society's financial statements issuing an unmodified opinion, indicating that BKD LLP found no material differences to the financial information presented in the Society's year-end financial statements. In addition, BKD LLP indicated to the Audit Committee that it did not find any material weaknesses in the Society's internal accounting procedures.

The following Balance Sheet and Statement of Activities have been condensed from the year-end audit report prepared by BKD LLP, as of June 30, 2019. The detailed audited report is kept on file at the RSNA's headquarters: Radiological Society of North America, 820 Jorie Boulevard, Oak Brook, IL 60523. It is available for review there by members of the RSNA.

James P. Borgstede, MD

Statement of Financial Position
June 30, 2019
Cash and Short-Term Investments
Receivables and Other Current Assets
Long-Term Investments  
Property, Furniture and Equipment
Total Assets

Liabilities and Net Assets
Accounts Payable and Short-Term Debt
Deferred Revenue
Other Long-Term Liabilities
Net Assets:

Designated-Research and Education Foundation
Total without donor restrictions 
With donor restrictions:  
Purpose restrictions
Total net assets
Total Liabilities and Net Assets
Statement of Activities
Year ending June 30, 2019
Membership Services
Publications and Educational Materials
Annual Scientific Assembly
Investment Earnings
Total Revenue

Membership Services
Publications and Educational Materials
Annual Scientific Assembly
Research and Education Foundation
Total Expenses

Excess of operating revenue over operating expenses
Federal and state income tax expense
Increase in net assets before unrealized gain (loss) on investments
Unrealized gain (loss) on valuation of investments and interest rate swap

Increase in Net Assets
Net Assets at beginning of year
Net Assets at end of year
2019 Total Revenue Graph
2019 Total Expense Graph