Public Relations Society Of America Inc
- Assets
- $133.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 05/1954
- Data as of
- 12/2022
- EIN
- 54-1644523
Organization Overview
Public Relations Society Of America Inc is located in Richmond, VA. The organization was established in 1954. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Public Relations Society Of America Inc 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, Public Relations Society Of America Inc generated $113.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $112.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NINE MONTHLY MEETINGS (VIRTUAL IN 2021 DUE TO COVID) WITH SPEAKERS IN PUBLIC RELATIONS TOPICS. PROGRAM EXPENSES INCLUDED AV FOR ZOOM MEETINGS, HONORARIUMS FOR SPEAKERS. PROGRAMS BENEFIT 300 MEMBERS AND NONMEMBER GUESTS. ORGANIZATION ALSO CONDUCTS AN ANNUAL AWARDS EVENT TO RECOGNIZE OUTSTANDING WORK IN THE PUBLIC RELATIONS FIELD. THE AWARDS EVENT BENEFITS 300 MEMBERS AND NONMEMBER GUESTS. THE ORGANIZATION ALSO CONDUCTS PROFESSIONAL DEVELOPMENT WORKSHOPS WITH TOPICS TO INCREASE SKILLS IN THE PUBLIC RELATIONS FIELD. ORGANIZATION ALSO CREATES NETWORKING OPPORTUNITIES FOR MEMBERS WHO ARE YOUNG PRACTITIONERS, SENIOR PRACTITIONERS, INDEPENDENT PRACTITIONERS AND NONPROFIT PRACTITIONERS. ORGANIZATION SUPPORTS STUDENTS STUDYING PUBLIC RELATIONS BY OVERSEEING STUDENT PR CHAPTERS AT 4 COLLEGES. ORGANIZATION ALSO SUPPORTS DIVERSITY, EQUITY AND INCLUSION INITIATIVES THROUGHOUT THE YEAR. THE ORGANIZATION HAS A ROBUST WEBSITE TO SUPPORT PROGRAMMING AND INTERACTION WITH MEMBERS AND NONMEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Hunt Chapter Administrator | 4 | $8,520 | |
Jenny Pedraza Web Administrator | 3 | $7,500 | |
Taya Jarman President-Elect | 1 | $0 | |
Diana Miller President | 2 | $0 | |
David Bass VP Professional Development/program | 2 | $0 | |
Mike Frontiero VP Awards | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $61,538 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $51,940 |
| Total Revenue | $113,493 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,020 |
| Professional fees and other payments to independent contractors | $1,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $84 |
| Other expenses | $94,461 |
| Total expenses | $112,315 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,037 |
| Other assets | $0 |
| Total assets | $133,037 |
| Total liabilities | $0 |
| Net assets or fund balances | $133,037 |
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