SITC remains financially strong, with more than $20M in unrestricted net assets, equivalent to nearly two year’s worth of operating expenses. In 2025, operating income totaled approximately $10.3M while operating expenses were $13.4M, resulting in an operating net loss of just over $3.1M. Investment income is projected to offset $900K of this loss.
During 2025, SITC experienced continued declines in Industry support and attendance across several educational and scientific programs. These trends were compounded by broader financial uncertainty stemming from early-year executive orders and tariffs, as well as a government shutdown that extended through the SITC Annual Meeting. As a result, attendance was impacted across SITC’s programs, with the most significant effect seen in the Annual Meeting & Pre-Conference programs where registration decreased by 25% compared with 2024.
SITC leadership has closely monitored attendance and over the past several years and in the first half of 2025 completed a comprehensive review of programs and financial strategies in partnership with an external consultant. Informed by this analysis and guided by a commitment to better serve members and stakeholders, SITC will refine existing programs, products, and services in the year ahead and implement targeted changes designed to strengthen engagement and reduce operating net losses.