Society Of Professional Journalists
- Assets
- $1.6m
- Revenue
- $1.3m
- Investments
- $645.2k
- Employees
- 14
- Location
- Indianapolis, IN
- Founding
- 05/1961
- Data as of
- 12/2021
- EIN
- 36-2037874
Organization Overview
Society Of Professional Journalists is located in Indianapolis, IN. The organization was established in 1961. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Society Of Professional Journalists employed 14 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Society Of Professional Journalists 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, Society Of Professional Journalists generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETY IS A NATIONAL PROFESSIONAL ORGANIZATION FOR JOURNALISTS, THE PURPOSE OF WHICH IS TO AID, ENCOURAGE, AND PROMOTE A FREE PRESS, HIGH PROFESSIONAL STANDARDS, AND ETHICAL BEHAVIOR IN THE PRACTICE OF JOURNALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIPS - SOCIETY OF PROFESSIONAL JOURNALISTS PROVIDES PROFESSIONAL MEMBERSHIPS RELATING TO JOURNALISM WHICH PROVIDES PROFESSIONAL DEVELOPMENT, CAREER SUPPORT, JOURNALISM ADVOCACY, LOCAL CHAPTER CONNECTIONS, AND INDUSTRY NEWS AND INFORMATION.
ANNUAL CONVENTION - MEDIAFEST22 IS A UNIQUE AND INSPIRING JOURNALISM CONVENTION EXPERIENCE THAT BRINGS TOGETHER PROFESSIONAL JOURNALISTS, STUDENT JOURNALISTS AND COLLEGE MEDIA ADVISERS FROM EVERY AREA OF JOURNALISM FROM ACROSS THE COUNTRY TO OUR NATION'S CAPITAL. ATTENDEES WILL HEAR FROM RENOWNED SPEAKERS AND WILL BENEFIT FROM HANDS-ON WORKSHOPS, GENERAL SESSIONS, AND CONCURRENT BREAKOUT SESSIONS. THEY WILL ENJOY NETWORKING OPPORTUNITIES, SOAK UP EVERYTHING THE EXHIBIT HALL HAS TO OFFER, CELEBRATE DURING AWARDS PRESENTATIONS, BANQUETS AND RECEPTIONS, UNWIND DURING TOURS OF THE CITY AND HISTORICAL SITES, AND SO MUCH MORE!BY THE NUMBERS:457 INDIVIDUALS REGISTERED FOR THE EVENT.365 INDIVIDUALS ATTENDED THE EVENT.THE EXHIBITORS WERE VISITED 454 TIMES.THE UPLOADED RESOURCES WERE VISITED 5,759 TIMES.THERE WERE 598 EBUSINESS CARD EXCHANGES.22 INDIVIDUALS PARTICIPATED IN THE NBCU ACADEMY.THE DIGITAL & MOBILE APPS WORKSHOP BY MIKE REILLEY AND VICTOR HERNANDEZ HAD 78 ATTENDEES.
STUDENT LEADERSHIP INSTITUTE - SLI WAS CREATED TO PROVIDE PARTICIPANTS WITH A SOLID FOUNDATION ON SELF-AWARENESS AND THE SKILLS NECESSARY FOR LEADING AND CONTRIBUTING TO A TEAM. STUDENTS ARE ALSO ARMED WITH INFORMATION TO UNDERSTAND AND APPLY THE SPJ CODE OF ETHICS. SLI IS A CUSTOM DESIGNED, HANDS-ON LEADERSHIP EXPERIENCE DEVELOPED TO MAKE EVEN THE BEST STUDENT MEMBERS OF SPJ MORE CREDIBLE, ETHICAL, AND VALUES-BASED LEADERS. THE STUDENT LEADERSHIP INSTITUTE HAD 22 PARTICIPANTS DURING ITS EVENT IN JULY OF 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Shertzer Former Executive Director | 40 | $164,603 | |
Rod Hicks Director Of Ethics And Diversity | 40 | $119,485 | |
James Koenig Controller | Officer | 25 | $100,580 |
Rebecca Aguilar President | OfficerTrustee | 10 | $0 |
Ivette Davila-Richards Secretary-Treasurer | OfficerTrustee | 4 | $0 |
Claire Regan President-Elect | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $323,604 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $195,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,844 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $622,448 |
| Total Program Service Revenue | $573,415 |
| Investment income | $20,575 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $30,199 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,593 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,294,890 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,500 |
| 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. | $172,827 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $352,177 |
| Pension plan accruals and contributions | $27,588 |
| Other employee benefits | $47,710 |
| Payroll taxes | $47,432 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,809 |
| Fees for services: Accounting | $19,310 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $225 |
| Fees for services: Other | $144,558 |
| Advertising and promotion | $369 |
| Office expenses | $19,831 |
| Information technology | $48,170 |
| Royalties | $0 |
| Occupancy | $59,691 |
| Travel | $15,227 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $103,020 |
| Interest | $24,229 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,357 |
| Insurance | $11,459 |
| All other expenses | $10,668 |
| Total functional expenses | $1,383,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,135 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $136,757 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $500 |
| Prepaid expenses and deferred charges | $36,315 |
| Net Land, buildings, and equipment | $294,352 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $645,162 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $347,517 |
| Total assets | $1,602,738 |
| Accounts payable and accrued expenses | $115,268 |
| Grants payable | $0 |
| Deferred revenue | $120,681 |
| 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 | $8,972 |
| Total liabilities | $244,921 |
| Net assets without donor restrictions | $625,038 |
| Net assets with donor restrictions | $732,779 |
| 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 | $1,602,738 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Society Of Professional Journalists has recieved totaling $339,960.
| Awarding Organization | Amount |
|---|---|
Society Of Professional Journalists Foundation Indianapolis, IN PURPOSE: GRANT | $315,710 |
Ward Creek Foundation San Francisco, CA PURPOSE: GENERAL PURPOSE GRANT. | $10,000 |
Ward Creek Foundation San Francisco, CA PURPOSE: GENERAL PURPOSE GRANT. | $10,000 |
Spectemur Agendo Inc Washington, DC PURPOSE: GENERAL SUPPORT | $2,000 |
Spectemur Agendo Inc Washington, DC PURPOSE: GENERAL SUPPORT | $2,000 |
Smith-Barbieri Progressive Fund A Charitable Foundation Spokane, WA PURPOSE: COMMUNITY ENRICHMENT | $250 |
Endowment Analysis
| Beg. Balance | $250,419 |
| Earnings | -$9,575 |
| Net Contributions | $44,490 |
| Ending Balance | $285,334 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Society Of Genetic Counselors Inc Chicago, IL | $6,031,708 | $4,172,256 |
Organization Of American Historians Bloomington, IN | $4,203,949 | $3,566,277 |
International Association Of Business Communicators Chicago, IL | $856,866 | $2,406,715 |
American Pianists Asso Inc Indianapolis, IN | $13,211,143 | $1,708,505 |
Society Of Professional Journalists Indianapolis, IN | $1,602,738 | $1,294,890 |
Maywood Fine Arts Association Maywood, IL | $3,515,801 | $1,414,903 |
Embroiderers Guild Of America Inc Louisville, KY | $3,586,074 | $656,475 |
Aia Illinois Springfield, IL | $1,612,355 | $821,664 |
Luminarts Cultural Foundation At The Union League Club Of Chicago Chicago, IL | $2,688,483 | $1,017,926 |
American Association Of Teachers Of French Marion, IL | $5,084,375 | $658,211 |
American Institute Of Architects Kansas City, MO | $675,522 | $664,208 |
Missouri Cable Telecommunications Association Jefferson City, MO | $314,105 | $647,946 |