Sigma Xi The Scientific Research Honor Society Inc
- Assets
- $16.7m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 38
- Location
- Research Triangle Park, NC
- Founding
- 06/1943
- Data as of
- 06/2022
- EIN
- 06-0655494
Organization Overview
Sigma Xi The Scientific Research Honor Society Inc is located in Research Triangle Park, NC. The organization was established in 1943. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 06/2022, Sigma Xi The Scientific Research Honor Society Inc employed 38 individuals. This organization is the central organization for a national or regional group of organizations. Sigma Xi The Scientific Research Honor Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Sigma Xi The Scientific Research Honor Society Inc generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $4.8m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE HONOR SOCIETY OF SCIENTISTS AND ENGINEERS THAT RECOGNIZES SCIENTIFIC ACHIEVEMENT.
Describe the Organization's Program Activity:
SIGMA XI'S PROGRAMS ARE FOCUSED ON SCIENCE AND ENGINEERING EDUCATION, RESEARCH ETHICS, PUBLIC UNDERSTANDING OF SCIENCE, INTERNATIONAL RESEARCH COOPERATION AND THE HEALTH OF THE RESEARCH ENTERPRISE.
AMERICAN SCIENTIST: BI-MONTHLY PUBLICATION OF SCIENTIFIC MAGAZINE DISTRIBUTED TO APPROXIMATELY 25,590 MEMBERS AND 7,541 SUBSCRIBERS.
DEVELOP MEMBERSHIP, ENGAGE MEMBERS WITH PROGRAMS, SUPPORT 528 CHAPTERS AND WORK WITH INSTITUTIONS TO LAUNCH NEW CHAPTERS.
PRODUCTION OF THE ANNUAL MEETING, GRANTS-IN-AID OF RESEARCH AND GRANT FUNDING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie L Vernon Executive Director & CEO | Officer | 40 | $199,777 |
Jasmine Shah Dir Finance/admin | Officer | 40 | $138,138 |
Michael Poock Dir Of Membership | 40 | $110,847 | |
Robert T Pennock President | OfficerTrustee | 1 | $0 |
Nicholas A Peppas President-Elect | OfficerTrustee | 1 | $0 |
David W Baker Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $398,557 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,083,335 |
| Noncash contributions included in lines 1a–1f | $15,102 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,481,892 |
| Total Program Service Revenue | $2,683,630 |
| Investment income | $386,835 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $363,852 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,916,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $244,766 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $393,102 |
| Compensation of current officers, directors, key employees. | $115,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,708,628 |
| Pension plan accruals and contributions | $113,343 |
| Other employee benefits | $202,376 |
| Payroll taxes | $154,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,439 |
| Fees for services: Accounting | $36,147 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,874 |
| Fees for services: Other | $0 |
| Advertising and promotion | $58,594 |
| Office expenses | $154,501 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $319,245 |
| Travel | $56,340 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,791 |
| Interest | $0 |
| Payments to affiliates | $33,969 |
| Depreciation, depletion, and amortization | $25,626 |
| Insurance | $21,759 |
| All other expenses | $16,792 |
| Total functional expenses | $4,780,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,108,418 |
| Savings and temporary cash investments | $267 |
| Pledges and grants receivable | $107,687 |
| Accounts receivable, net | $25,454 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $42,853 |
| Prepaid expenses and deferred charges | $196,282 |
| Net Land, buildings, and equipment | $25,370 |
| Investments—publicly traded securities | $14,192,093 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,143 |
| Total assets | $16,717,567 |
| Accounts payable and accrued expenses | $626,372 |
| Grants payable | $0 |
| Deferred revenue | $2,113,223 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $181,930 |
| Total liabilities | $2,921,525 |
| Net assets without donor restrictions | $579,568 |
| Net assets with donor restrictions | $13,216,474 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,717,567 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Sigma Xi The Scientific Research Honor Society Inc has recieved totaling $354,568.
| Awarding Organization | Amount |
|---|---|
National Academy Of Sciences Washington, DC PURPOSE: RESEARCH GRANT | $138,378 |
Rita Allen Foundation Princeton, NJ PURPOSE: CIVIC SCIENCE FELLOW, SCIENCE POLICY AND ENGAGEMENT | $100,000 |
Rita Allen Foundation Princeton, NJ PURPOSE: CIVIC SCIENCE FELLOW, SCIENCE POLICY & ENGAGEMENT | $100,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $15,790 |
Marvin And Annette Lee Foundation Inc Greenville, NH PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES | $400 |
Endowment Analysis
| Beg. Balance | $14,579,558 |
| Earnings | -$1,895,518 |
| Net Contributions | $554,036 |
| Other Expense | $1,127,014 |
| Ending Balance | $12,111,062 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Society Of Automation Research Triangle Park, NC | $48,395,753 | $20,258,072 |
American Association Of Physicists In Medicine Alexandria, VA | $31,609,322 | $9,947,196 |
The National Council Of Teachers Of Mathematics-Incorporated- Reston, VA | $18,084,320 | $8,296,750 |
American Statistical Association Alexandria, VA | $30,139,821 | $9,398,848 |
Vmware User Group Inc Franklin, TN | $9,569,219 | $8,623,176 |
Center For Open Science Charlottesville, VA | $9,625,938 | $7,385,775 |
Society Of Chemical Manufacturers And Affiliates Inc Arlington, VA | $22,239,444 | $4,222,837 |
Sigma Xi The Scientific Research Honor Society Inc Research Triangle Park, NC | $16,717,567 | $4,916,209 |
Institute Of Industrial And Systems Engineers Inc Norcross, GA | $4,759,560 | $4,186,288 |
Methanol Institute Alexandria, VA | $2,057,504 | $2,376,228 |
International Technology And Engineering Educators Association Reston, VA | $264,196 | $1,282,466 |
International Union Of Pure And Applied Chemistry Durham, NC | $6,202,155 | $1,854,983 |