Society Of Professional Journalists
- Assets
- $1.4m
- Revenue
- $1.1m
- Investments
- $595.2k
- Employees
- 20
- Location
- Indianapolis, IN
- Founding
- 05/1961
- Data as of
- 12/2022
- 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 12/2022, Society Of Professional Journalists employed 20 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 12/2022, Society Of Professional Journalists generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. 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
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.
MARK OF EXCELLENCE AWARDS - ANNUALLY, THE SOCIETY OF PROFESSIONAL JOURNALISTS PRESENTS THE MARK OF EXCELLENCE AWARDS, HONORING THE BEST IN STUDENT JOURNALISM. WINNERS IN THE FOLLOWING CATEGORIES ARE ELIGIBLE FOR AN AWARD ONLY IF THEY COVER A SINGLE TOPIC:CORBIN GWALTNEY AWARD FOR BEST ALL-AROUND STUDENT NEWSPAPERBEST ALL-AROUND RADIO NEWSCASTBEST ALL-AROUND TELEVISION NEWSCASTBEST ALL-AROUND TELEVISION NEWS MAGAZINEBEST AFFILIATED WEBSITEBEST INDEPENDENT ONLINE STUDENT PUBLICATIONBEST PODCAST
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 ANDRECEPTIONS, UNWIND DURING TOURS OF THE CITY AND HISTORICAL SITES, AND SO MUCH MORE!
SIGMA DELTA CHI AWARDS - THE SIGMA DELTA CHI AWARDS DATE BACK TO 1932, WHEN THE SOCIETY FIRST HONORED SIX INDIVIDUALS FOR CONTRIBUTIONS TO JOURNALISM. THE CURRENT PROGRAM BEGAN IN 1939, WHEN THE ORGANIZATION AWARDED THE FIRST DISTINGUISHED SERVICE AWARDS. THESE AWARDS LATER BECAME THE SIGMA DELTA CHI AWARDS. THE AWARDS RECOGNIZE THE BEST IN PROFESSIONAL JOURNALISM IN CATEGORIES COVERING PRINT/ONLINE, AUDIO, TELEVISION, AND MORE. RECENT AND NEW ADDITIONS INCLUDE AWARDS FOR CONSUMER/RETAIL REPORTING, TECH REPORTING, REGIONAL POLITICAL REPORTING, CULTURAL CRITICISM AND SEVEN SPANISH-LANGUAGE CATEGORIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rod Hicks Director Of Ethics And Div | 40 | $108,469 | |
James Koenig Controller | 25 | $106,418 | |
Jennifer Royer Interim Executive Director | Officer | 40 | $78,990 |
Claire Regan President | OfficerTrustee | 10 | $0 |
Ashanti Blaize-Hopkins Vice President | OfficerTrustee | 1 | $0 |
J Israel Balderas Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $259,935 |
| Fundraising events | $0 |
| Related organizations | $64,602 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $117,264 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $441,801 |
| Total Program Service Revenue | $379,255 |
| Investment income | $24,209 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $23,976 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $203,298 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,712 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,091,852 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $320,575 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $195,210 |
| Pension plan accruals and contributions | $20,655 |
| Other employee benefits | $32,338 |
| Payroll taxes | $42,595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,832 |
| Fees for services: Accounting | $22,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,597 |
| Fees for services: Other | $237,931 |
| Advertising and promotion | $1,712 |
| Office expenses | $12,169 |
| Information technology | $21,947 |
| Royalties | $0 |
| Occupancy | $147,447 |
| Travel | $31,304 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $204,793 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,024 |
| Insurance | $6,921 |
| All other expenses | $3,939 |
| Total functional expenses | $1,396,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $361,391 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $77,039 |
| 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 | $61,527 |
| Net Land, buildings, and equipment | $13,565 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $595,189 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $340,648 |
| Total assets | $1,449,359 |
| Accounts payable and accrued expenses | $355,081 |
| Grants payable | $0 |
| Deferred revenue | $86,617 |
| 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 | $9,874 |
| Total liabilities | $451,572 |
| Net assets without donor restrictions | $544,994 |
| Net assets with donor restrictions | $452,793 |
| 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 | $1,449,359 |