Public Affairs Council Inc
- Assets
- $15.6m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 27
- Location
- Washington, DC
- Founding
- 03/1960
- Data as of
- 12/2022
- EIN
- 13-1790733
Organization Overview
Public Affairs Council Inc is located in Washington, DC. The organization was established in 1960. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Public Affairs Council Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Affairs Council Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Public Affairs Council Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $6.9m during the year ending 12/2022. While expenses have increased by 4.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE RESPONSIBLE AND EFFECTIVE POLITICAL AND COMMUNITY INVOLVEMENT BY BUSINESSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND EDUCATION: THE COUNCIL SPONSORS MORE THAN 60 MAJOR CONFERENCES, ON A VARIETY OF TOPICS, TO PROMOTE THE PROFESSIONAL DEVELOPMENT OF PUBLIC AFFAIRS PROFESSIONALS.
CONSULTING SERVICES: THE COUNCIL PROFESSIONAL STAFF IS AVAILABLE TO MEMBER COMPANIES TO ANSWER QUESTIONS AND PROVIDE INFORMATION, RESEARCH, AND OTHER RESOURCES ON A VARIETY OF TOPICS, INCLUDING GRASSROOTS ADVOCACY, COMMUNITY INVOLVEMENT, FEDERAL AND STATE LOBBYING, AND GENERAL PUBLIC AFFAIRS ISSUES.
COMMUNICATIONS: THE COUNCIL MAINTAINS A WEBSITE THAT CONTAINS IN-DEPTH INFORMATION ON A VARIETY OF PROGRAM AREAS WITHIN PUBLIC AFFAIRS. MEMBERS CAN PARTICIPATE IN A NUMBER OF PEER-TO-PEER DISCUSSION GROUPS IN THEIR PRACTICE AREAS. THE COUNCIL OFFERS ITS MEMBERS SUBSCRIPTIONS TO A TWICE-MONTHLY ELECTRONIC NEWSLETTER COVERING MAJOR NEWS STORIES ABOUT TRENDS AFFECTING THE PUBLIC AFFAIRS COMMUNITY.
PUBLICATIONS: IN CONJUNCTION WITH THE FOUNDATION FOR PUBLIC AFFAIRS, THE COUNCIL PRODUCES NUMEROUS HIGH-IMPACT PUBLICATIONS ANNUALLY. MEMBERS OF THE COUNCIL RECEIVE A COMPLIMENTARY SUBSCRIPTION TO "IMPACT," THE COUNCIL'S NEWSLETTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Childs Director | Trustee | 1 | $0 |
Greg Crist Director | Trustee | 1 | $0 |
Roi Ewell Director | Trustee | 1 | $0 |
Courtney Geduldig Director | Trustee | 1 | $0 |
Genna Gent Director | Trustee | 1 | $0 |
John Galligan Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $6,067,090 |
| Investment income | $216,101 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $37,194 |
| Net Gain/Loss on Asset Sales | $99,309 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,419,694 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,176,582 |
| Compensation of current officers, directors, key employees. | $465,822 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,831,540 |
| Pension plan accruals and contributions | $151,599 |
| Other employee benefits | $205,815 |
| Payroll taxes | $200,245 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,782 |
| Fees for services: Accounting | $39,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,139 |
| Fees for services: Other | $110,166 |
| Advertising and promotion | $104,384 |
| Office expenses | $496,854 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $588,361 |
| Travel | $982,664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $806,275 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,533 |
| Insurance | $23,294 |
| All other expenses | $0 |
| Total functional expenses | $6,933,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $519,686 |
| Savings and temporary cash investments | $132,362 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $90,166 |
| 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 | $335,404 |
| Net Land, buildings, and equipment | $105,564 |
| Investments—publicly traded securities | $7,645,583 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,770,587 |
| Total assets | $15,599,352 |
| Accounts payable and accrued expenses | $842,885 |
| Grants payable | $0 |
| Deferred revenue | $2,542,914 |
| 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 | $6,875,254 |
| Total liabilities | $10,261,053 |
| Net assets without donor restrictions | $5,338,299 |
| 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 | $15,599,352 |