Society Of Biblical Literature is located in Atlanta, GA. The organization was established in 1949. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Society Of Biblical Literature employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Biblical Literature 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 06/2024, Society Of Biblical Literature generated $3.1m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $3.5m during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION MISSION IS TO FOSTER BIBLICAL SCHOLARSHIP. WE PROVIDE MEMBERS OPPORTUNITIES FOR MUTUAL SUPPORT, INTELLECTUAL GROWTH AND PROFESSIONAL DEVELOPMENT.
Describe the Organization's Program Activity:
PRESS. SBL PRESS, THE PUBLISHING DEPARTMENT OF THE SOCIETY, IS A MEMBER OF THE ASSOCIATION OF AMERICAN UNIVERSITY PRESSES, AND PUBLISHES PEER-REVIEWED BOOKS AND JOURNALS FOR THE ACADEMIC COMMUNITY AND LIBRARIES. THE PRESS ACQUIRES, DEVELOPS, PRODUCES, AND MARKETS 22 BOOK SERIES, THE FLAGSHIP JOURNAL OF THE FIELD, AND A JOURNAL FOR BOOK REVIEWS. TO DO SO THE PRESS HAS PROFESSIONAL STAFF AND OVER 130 VOLUNTEER MEMBERS WHO SERVE AS GENERAL EDITORS, AS SERIES EDITORS, AND ON EDITORIAL BOARDS. SBL PRESS'S ANNUAL BOOK OUTPUT IS 35 TITLES, IN ADDITION TO THE TWO MAJOR JOURNALS. THE PRESS ALSO PARTNERS WITH OTHER PRESSES TO PUBLISH MAJOR RESOURCES AND REFERENCE WORKS. PRESS ALSO MAINTAINS THE BIBLE ODYSSEY WEBSITE WHICH IS USED TO PROVIDE THE GENERAL PUBLIC WITH INFORMATION ABOUT THE BIBLE, ITS CONTENTS, BACKGROUND AND CULTURAL IMPACT.
THE SOCIETY HAS APPROXIMATELY 7,500 MEMBERS. THE MEMBERSHIP FEE PROVIDES A MYRIAD OF MEMBER SERVICES. MEMBERS RECEIVE DISCOUNTS ON JOURNALS, MEETING REGISTRATIONS, AND BOOKS. MEMBERS PARTICIPATE IN THE GOVERNANCE AND PROVIDE DIRECTION THROUGH THEIR WORK ON COMMITTEES. OVER 3,000 MEMBERS PARTICIPATE AS CHAIRS, PRESENTERS, PRESIDERS, OR PANELISTS AT THE ELEVEN REGIONAL MEETINGS, THE INTERNATIONAL MEETING, AND THE ANNUAL MEETING; OVER 5,700 MEMBERS ATTEND THOSE MEETINGS. THE SOCIETY OF BIBLICAL LITERATURE IS MADE UP OF A COMMUNITY OF MEMBER SCHOLARS VOLUNTEERING THEIR TIME AND TALENTS TO FURTHER BIBLICAL SCHOLARSHIP FOR MANY YEARS TO COME AND TO PASS ALONG THEIR KNOWLEDGE TO THOSE WHO WILL FOLLOW IN THEIR FOOTSTEPS.
CONFERENCES. SBL ORGANIZES THREE MAJOR ANNUAL ACADEMIC CONFERENCES EACH YEAR, ONE IN THE UNITED STATES, ONE OUTSIDE THE U.S, AND ONE VIRTUAL GLOBAL CONFERENCE. THE MAJOR U.S. MEETING BRINGS TOGETHER MORE THAN HALF OF ITS MEMBERS AS WELL AS MEMBERS OF AFFILIATE ORGANIZATIONS TO PRESENT OVER 1,000 SCHOLARLY PAPERS OF NEW RESEARCH IN HUNDREDS OF PROGRAM UNIT SESSIONS. THE CONFERENCE ALSO PROVIDES AN EXHIBIT HALL FOR ACADEMIC PUBLISHERS AND A JOB SERVICE FOR ACADEMIC INSTITUTIONS WHO INTERVIEW AND HIRE MEMBERS. THESE ANNUAL CONFERENCES ARE HELD IN ORDER TO ACCOMPLISH SBL'S STRATEGIC VISION STATEMENTS: ORGANIZING CONGRESSES FOR SCHOLARLY EXCHANGE; FACILITATING BROAD AND OPEN DISCUSSION FROM A VARIETY OF CRITICAL PERSPECTIVES; AND PROMOTING COOPERATION ACROSS GLOBAL BOUNDARIES.
PROFESSIONS. SBL OFFERS A BROAD RANGE OF ACTIVITIES THAT SUPPORT ITS MEMBERS' PROFESSIONAL DEVELOPMENT AND ADVOCATE FOR THE ACADEMIC FIELD IN HIGHER EDUCATION. IT HOSTS AN EMPLOYMENT SERVICE, PROVIDES WORKSHOPS AT ITS MEETINGS, PARTNERS WITH RELATED ORGANIZATIONS, COLLABORATES WITH ORGANIZATIONS IN HUMANITIES AND HIGHER EDUCATION (SUCH AS THE NATIONAL HUMANITIES ALLIANCE AND THE AMERICAN COUNCIL OF LEARNED SOCIETIES), AND FOSTERS PARTICIPATION THROUGH PROGRAM UNITS THAT ENLIST OVER 3,000 OF ITS MEMBERS AS CHAIRS, PRESENTERS, PRESIDERS, OR PANELISTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pam Kennemore Director Of Finance/admin | 45 | $125,015 | |
Steed Davidson Treasurer, Executive Director | Officer | 45 | $109,648 |
Robert Buller Director Of Press | 60 | $102,814 | |
Tat-Sion Benny Liew Interim Executive Director | Officer | 20 | $63,735 |
Hugh Rowland Page Jr Chairman | OfficerTrustee | 1 | $0 |
Musa Dube President | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Soltech Inc Software Development Services | 6/29/23 | $172,965 |
Cogent Global Solutions Audio Visual Services | 6/29/23 | $134,670 |
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 | $56,207 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $56,207 |
Total Program Service Revenue | $2,353,646 |
Investment income | $243,244 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $111,362 |
Net Rental Income | -$41,260 |
Net Gain/Loss on Asset Sales | -$98,707 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $455,531 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,080,023 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $24,377 |
Grants and other assistance to Foreign Orgs/Individuals | $18,193 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $265,476 |
Compensation of current officers, directors, key employees. | $26,362 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,103,260 |
Pension plan accruals and contributions | $102,732 |
Other employee benefits | $208,831 |
Payroll taxes | $95,255 |
Fees for services: Management | $0 |
Fees for services: Legal | $768 |
Fees for services: Accounting | $21,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $51,196 |
Fees for services: Other | $93,630 |
Advertising and promotion | $8,187 |
Office expenses | $106,210 |
Information technology | $204,098 |
Royalties | $27,130 |
Occupancy | $66,000 |
Travel | $93,283 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $384,799 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $266,474 |
Insurance | $17,448 |
All other expenses | $2,473 |
Total functional expenses | $3,521,119 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,261,684 |
Savings and temporary cash investments | $30,028 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $224,525 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $37,733 |
Prepaid expenses and deferred charges | $204,767 |
Net Land, buildings, and equipment | $19,673 |
Investments—publicly traded securities | $6,662,320 |
Investments—other securities | $321,026 |
Investments—program-related | $0 |
Intangible assets | $547,227 |
Other assets | $2,199,528 |
Total assets | $11,508,511 |
Accounts payable and accrued expenses | $325,062 |
Grants payable | $0 |
Deferred revenue | $1,594,062 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $543 |
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 | $1,919,667 |
Net assets without donor restrictions | $7,607,398 |
Net assets with donor restrictions | $1,981,446 |
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 | $11,508,511 |