Public Relations Society Of America Inc is located in New York, NY. The organization was established in 1954. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Public Relations Society Of America Inc employed 45 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Public Relations Society Of America Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Public Relations Society Of America Inc generated $9.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $10.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AN INDIVIDUAL MEMBER SOCIETY COMPRISED OF PUBLIC RELATIONS PRACTITIONERS AND STUDENTS ORGANIZED TO IMPROVE THE PROFESSION AND PRACTICE OF PUBLIC RELATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS AND CORPORATE SALES -PRSA'S SALES TEAM INCLUDES THE CORPORATE DEVELOPMENT PROGRAM WHICH ENABLES THE FINANCIAL SUPPORT OF THE EDUCATION, RESEARCH AND THOUGHT LEADERSHIP EVENTS AND PROGRAMS, AND CAREER RESOURCES THROUGH THE SALES OF STRATEGIC PARTNERSHIPS, EVENT SPONSORSHIPS AND EXHIBITS. PRSA PARTNERS, SPONSORS AND EXHIBITORS ARE PROVIDED APPROPRIATE BRAND RECOGNITION AND ACKNOWLEDGEMENT OF THEIR COLLABORATION ON PROGRAM AND CONTENT DEVELOPMENT, FUNDING AND UNDERWRITING. THE SALES TEAM ALSO SELLS AND ENABLES GROUP MEMBERSHIPS FOR ORGANIZATIONS WITH 5 OR MORE POTENTIAL MEMBERS, PROVIDING DISCOUNTS ON MEMBERSHIP AND GROUP SAVINGS ON ACCESS TO EDUCATIONAL EVENTS AND PROGRAMS.PRSA'S MARKETING DEPARTMENT BUILDS AWARENESS OF AND PROMOTES PARTICIPATION IN THE PRSA MEMBERSHIP, ITS COMMUNITIES AND ITS PROGRAMS. THROUGH AN OMNICHANNEL MARKETING PROGRAM, INCLUDING ADVERTISING, SOCIAL MEDIA OUTREACH AND DIRECT MARKETING, THE MARKETING TEAM SEEKS TO ELEVATE THE PRSA BRAND AND STRENGTHEN AND GROW ITS COMMUNITY PARTICIPATION AND ENGAGEMENT, ANNOUNCES AND PROMOTES THE NUMEROUS EDUCATIONAL CLASSES, PROGRAMS AND EVENTS OFFERED BY PRSA AND SHOWCASES THE RESEARCH AND THOUGHT LEADERSHIP DEVELOPED BY ITS INTERNAL TEAM, MEMBERS AND PARTNERS.THE PRSA COMMUNICATIONS DEPARTMENT SPEARHEADS THE OVERALL BRAND MESSAGE DEVELOPMENT AND POSITIONING FOR THE NATION'S LEADING PROFESSIONAL ASSOCIATION SERVING THE PUBLIC RELATIONS COMMUNITY. THE DEPARTMENT DESIGNS AND OPTIMIZES BEST-IN-CLASS COMMUNICATIONS INFRASTRUCTURE TO CREATE HIGH-IMPACT, INTEGRATED CAMPAIGNS THAT INCREASE BRAND AWARENESS, MEMBER ENGAGEMENT AND ADVANCE REPUTATION AMONG INTERNAL AND EXTERNAL AUDIENCES. MORE THAN 28,000 PEOPLE BENEFITED FROM COMMUNICATIONS AND CORPORATE SALES.
PROFESSIONAL DEVELOPMENT, INCLUDING INTERNATIONAL CONFERENCE - PRSA PROVIDES AN EXCEPTIONAL MEMBER EXPERIENCE THAT EDUCATES, INSPIRES, GUIDES AND GALVANIZES A DIVERSE COMMUNITY OF ETHICAL, STRATEGIC COMMUNICATIONS PROFESSIONALS. THE MISSION OF PRSA'S PROFESSIONAL DEVELOPMENT DEPARTMENT IS TO MAKE COMMUNICATIONS PROFESSIONALS BETTER, SMARTER AND MORE CONNECTED THROUGH ALL THE STAGES OF THEIR CAREER. IN 2021, THE PROFESSIONAL DEVELOPMENT DEPARTMENT HOSTED 5 VIRTUAL WORKSHOPS, 3 LIVE ONLINE CERTIFICATE PROGRAMS, 30+ LIVE WEBINARS, AND 3 VIRTUAL APR BOOT CAMPS. PRSA'S INTERNATIONAL CONFERENCE ENJOYS THE REPUTATION AS THE PREEMINENT CONFERENCE FOR THE PROFESSION AS WELL AS THE ANNUAL MEETING OF ALL PRSA COMMUNITIES. IT IS AN INTENSIVE LEARNING OPPORTUNITY WITH INDUSTRY EXPERTS AND THOUGHT LEADERS AND PEER-TO PEER NETWORKING. IT OFFERS PRACTICAL INSIGHT FOR PUBLIC RELATIONS PROFESSIONAL OF ALL CAREER LEVELS, SECTORS, WORK ENVIRONMENTS AND INDUSTRIES. DEMONSTRATING VALUE WITH ACTIONABLE BEST PRACTICES IS THE FOCUS OF THIS ANNUAL EVENT. DUE TO THE COVID-19 PANDEMIC, THE 2021 EVENT WAS HELD VIRTUALLY. MORE THAN 6,000 PEOPLE BENEFITED FROM BOTH PROFESSIONAL DEVELOPMENT AND INTERNATIONAL CONFERENCE PROGRAM.
MEMBERSHIP SERVICES -PRSA IS A COMMUNITY OF MORE THAN 19,000 PUBLIC RELATIONS AND COMMUNICATIONS PROFESSIONALS ACROSS THE UNITED STATES, FROM RECENT COLLEGE GRADUATES TO THE LEADERS OF THE WORLD'S LARGEST MULTINATIONAL FIRMS. OUR MEMBERS REPRESENT NEARLY EVERY PRACTICE AREA AND PROFESSIONAL AND ACADEMIC SETTING WITHIN THE PUBLIC RELATIONS FIELD. IN ADDITION, THERE ARE MORE THAN 9,000 STUDENTS WHO ARE MEMBERS OF THE PUBLIC RELATIONS STUDENT SOCIETY OF AMERICA (PRSSA) AT COLLEGES AND UNIVERSITIES HERE AND ABROAD. MORE THAN 28,000 PEOPLE BENEFITED FROM THIS PROGRAM.
SECTIONS/SECTIONS SUPPORT-PRSA OFFERS MEMBERS A VARIETY OF WAYS TO NETWORK WITH INDUSTRY PROFESSIONALS, BOTH ONLINE AND IN-PERSON. A PRSA SECTION MEMBERSHIP IS FOR THOSE PROFESSIONALS LOOKING TO CONNECT WITH OTHER PUBLIC RELATIONS AND COMMUNICATION PEERS IN THEIR INDUSTRY VERTICAL. PRSA HAS PROFESSIONAL INTEREST SECTIONS (ASSOCIATION/NONPROFIT, CORPORATE COMMUNICATIONS, COUNSELORS ACADEMY, COUNSELORS TO HIGHER EDUCATION, EDUCATORS ACADEMY, EMPLOYEE COMMUNICATIONS, ENTERTAINMENT AND SPORTS, FINANCIAL COMMUNICATIONS, HEALTH ACADEMY, INDEPENDENT PRACTITIONERS ALLIANCE, NEW PROFESSIONALS, PUBLIC AFFAIRS AND GOVERNMENT, TECHNOLOGY AND TRAVEL AND TOURISM). MEMBERS OF THESE SECTIONS ARE ABLE TO CONNECT WITH INDUSTRY PEERS WHO HAVE SIMILAR NEEDS AND SHARE THE SAME CHALLENGES. THESE GROUPS SHARE IMPORTANT AND RELEVANT INFORMATION ABOUT THEIR AREA OF INTEREST THROUGH A VARIETY OF CHANNELS THROUGHOUT THE YEAR. MORE THAN 5,000 PEOPLE BENEFITTED FROM THIS PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Philip T Bonaventura CFO | Officer | 40 | $399,546 |
Linda Thomas Brooks CEO | Officer | 40 | $391,464 |
Jay Starr Senior Vp, Member Services | 40 | $189,495 | |
Maureen Walsh Chief Marketing Officer | 40 | $182,253 | |
Jeneen Garcia Senior Vp, Programs | 40 | $173,497 | |
John D Robinson Vp, Corporate Development | 40 | $163,128 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Venable Llp Legal Services | 12/30/21 | $151,574 |
Association Analytics Inc Technology Services | 12/30/21 | $102,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $8,095,071 |
Investment income | $116,695 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $348 |
Net Rental Income | $86,334 |
Net Gain/Loss on Asset Sales | $503,914 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,278,462 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $67,341 |
Grants and other assistance to domestic individuals. | $2,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $864,001 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,948,155 |
Pension plan accruals and contributions | $434,961 |
Other employee benefits | $451,068 |
Payroll taxes | $349,979 |
Fees for services: Management | $0 |
Fees for services: Legal | $131,697 |
Fees for services: Accounting | $52,715 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $48,279 |
Fees for services: Other | $751,191 |
Advertising and promotion | $419,527 |
Office expenses | $531,922 |
Information technology | $287,100 |
Royalties | $0 |
Occupancy | $944,850 |
Travel | $22,695 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $61,180 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $67,726 |
Insurance | $68,023 |
All other expenses | $0 |
Total functional expenses | $10,004,440 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $422,386 |
Savings and temporary cash investments | $154,191 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $501,984 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $254,149 |
Net Land, buildings, and equipment | $249,968 |
Investments—publicly traded securities | $6,193,146 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $159,353 |
Total assets | $7,935,177 |
Accounts payable and accrued expenses | $641,207 |
Grants payable | $75,000 |
Deferred revenue | $2,503,593 |
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 | $1,386,103 |
Total liabilities | $4,605,903 |
Net assets without donor restrictions | $3,329,274 |
Net assets with donor restrictions | $0 |
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 | $7,935,177 |
Over the last fiscal year, Public Relations Society Of America Inc has awarded $184,692 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
New York, NY PURPOSE: TO SUPPORT THE TENETS OF DIVERSITY EQUITY AND INCLUSION IN THE PUBLIC RELATIONS AND COMMUNICATION PROFESSION. | $125,000 |
New York, NY PURPOSE: TO SUPPORT THE FOUNDATION'S MISSION OF EDUCATION, CONTINUING EDUCATION AND RESEARCH, INCLUDING DIVERSITY AND INCLUSION INITIATIVES. | $59,692 |
Over the last fiscal year, we have identified 1 grants that Public Relations Society Of America Inc has recieved totaling $7,090.
Awarding Organization | Amount |
---|---|
Public Relations Society Of America Foundation Inc New York, NY PURPOSE: TO SPONSOR STUDENTS TO BE PRSSA MEMBERS/SPONSOR REGISTRATION FOR THE PRSA INTERNATIONAL CONFERENCE | $7,090 |
Organization Name | Assets | Revenue |
---|---|---|
Catholic Charities Of Diocese Of Albany Albany, NY | $36,309,218 | $44,877,595 |
St Anns Home Inc Methuen, MA | $37,347,365 | $32,094,159 |
Christian Herald Assn Inc New York, NY | $39,203,041 | $30,264,134 |
Alternatives For Children East Setauket, NY | $11,797,898 | $22,064,885 |
Lutheran Center At Poughkeepsie Inc Scarsdale, NY | $12,784,565 | $22,238,039 |
Redeemer City To City New York, NY | $39,118,134 | $27,107,452 |
Catholic Cemeteries Of The Roman Westbury, NY | $88,272,871 | $14,740,911 |
Liberation Programs Inc Norwalk, CT | $5,758,645 | $12,035,919 |
Public Relations Society Of America Inc New York, NY | $7,935,177 | $9,278,462 |
Tompkins Cortland Community College Foundation Dryden, NY | $60,556,305 | $8,680,534 |
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |
Little Servant Sisters Woodbridge, NJ | $7,631,243 | $7,029,222 |