Foundation For Public Relations Research And Education Inc
- Assets
- $775.7k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 15
- Location
- Gainesville, FL
- Founding
- 07/1960
- Data as of
- 12/2023
- EIN
- 13-6161619
Organization Overview
Foundation For Public Relations Research And Education Inc, operating under the name Institute for Public Relations, is located in Gainesville, FL. The organization was established in 1960. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2023, Institute for Public Relations employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute for Public Relations 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 12/2023, Institute for Public Relations generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 7.2% 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.
Since 2016, Institute for Public Relations has awarded 14 individual grants totaling $277,367. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IPR IS DEDICATED TO THE SCIENCE BENEATH THE ART OF PUBLIC RELATIONS. WE CREATE, CURATE, AND PROMOTE RESEARCH AND INITIATIVES THAT EMPOWER PROFESSIONALS WITH ACTIONABLE INSIGHTS AND INTELLIGENCE THEY CAN PUT TO IMMEDIATE USE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH - THE INSTITUTE SEEKS TO EXPAND THE FRONTIERS OF THE PROFESSIONAL BODY OF KNOWLEDGE IN PUBLIC RELATIONS. THIS IS ACCOMPLISHED IN PART BY SPONSORSHIPS OF RESEARCH PROJECTS AND COMPETITIONS TO ENCOURAGE ACADEMIC RESEARCH. THE INSTITUTE ALSO SUPPORTS PROFESSIONAL DEVELOPMENT ACTIVITIES SUCH AS LECTURES, SEMINARS AND PROFESSIONAL MEETINGS.
EDUCATION - THE INSTITUTE SUPPORTS THE PR LEADERSHIP FORUM, THE ANNUAL DISTINGUISHED LECTURE AND DINNER, THE SUMMIT ON MEASUREMENT, THE INTERNATIONAL COLLOQUIUM, AND THE GRUNIG LECTURE. FORUMS, LECTURES AND SUMMITS ARE CONDUCTED TO HELP CURRENT PROFESSIONALS GET BETTER GROUNDED IN THE SCIENCE BENEATH THE ART OF PUBLIC RELATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Tina Mccorkindale President & CEO | OfficerTrustee | 40 | $204,537 |
Sarah Jackson Sr Director Of Communications | 40 | $112,284 | |
Anetra Henry Sr Dir Of Strategic Initiativ | 40 | $104,664 | |
Jeanne Lacour Board Member | Trustee | 1 | $0 |
Peter Lucht Board Member | Trustee | 1 | $0 |
Kristena Lucky Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $84,700 |
| Fundraising events | $136,850 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $974,089 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,195,639 |
| Total Program Service Revenue | $60,327 |
| Investment income | $5,989 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$30,410 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,231,545 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $25,012 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $214,085 |
| Compensation of current officers, directors, key employees. | $64,226 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $519,744 |
| Pension plan accruals and contributions | $14,381 |
| Other employee benefits | $58,642 |
| Payroll taxes | $56,806 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,204 |
| Fees for services: Accounting | $26,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,569 |
| Fees for services: Other | $19,033 |
| Advertising and promotion | $6,438 |
| Office expenses | $70,911 |
| Information technology | $24,780 |
| Royalties | $0 |
| Occupancy | $5,280 |
| Travel | $138,783 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $111,603 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,178 |
| All other expenses | $0 |
| Total functional expenses | $1,305,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,548 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $157,800 |
| Accounts receivable, net | $19,698 |
| 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 | $40,407 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $424,264 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $775,717 |
| Accounts payable and accrued expenses | $42,694 |
| Grants payable | $0 |
| Deferred revenue | $6,950 |
| 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 | $0 |
| Total liabilities | $49,644 |
| Net assets without donor restrictions | $712,373 |
| Net assets with donor restrictions | $13,700 |
| 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 | $775,717 |
Grants Awarded
Over the last fiscal year, Foundation For Public Relations Research And Education Inc has awarded $52,446 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COUNCIL OF PUBLIC RELATIONS FIRMS PURPOSE: PROFIT SHARING | $19,848 |
ARTHUR PAGE SOCIETY PURPOSE: PROFIT SHARING | $19,848 |
APCO WORLDWIDE PURPOSE: RESEARH GRANT | $12,750 |