Protein Society
- Assets
- $2.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 2
- Location
- Canyon Country, CA
- Founding
- 04/1987
- Data as of
- 12/2022
- EIN
- 94-3019570
Organization Overview
Protein Society is located in Canyon Country, CA. The organization was established in 1987. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Protein Society employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Protein Society 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 12/2022, Protein Society generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 8 years. 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 PROTEIN SOCIETY WAS ESTABLISHED TO PROVIDE A FORUM TO FACILITATE COMMUNICATION, COOPERATION AND COLLABORATION WITH RESPECT TO ALL ASPECTS OF THE STUDY OF PROTEINS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SYMPOSIA - MEETINGS CONTRIBUTE TO THE PROFESSIONAL EDUCATION OF SCIENTISTS AND BRING TOGETHER RESEARCH WORKERS AND EDUCATORS FOR INSTRUCTION IN AND EXCHANGE OF NEW SCIENTIFIC KNOWLEDGE.
PUBLICATION OF SCIENTIFIC JOURNAL - THE SOCIETY PUBLISHES A JOURNAL ENTITLED PROTEIN SCIENCE THAT DISSEMINATES THE RESULTS OF SCIENTIFIC RESEARCH TO INVESTIGATORS AND EDUCATORS IN THE FIELD.
MEMBERSHIP & OUTREACH, AND OTHER PROGRAM SUPPORT EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Chuck Sanders President | OfficerTrustee | 3 | $0 |
Dr Jean Baum Secretary/treasurer | OfficerTrustee | 3 | $0 |
Dr Liz Meiering President-Elect | OfficerTrustee | 3 | $0 |
Dr Vicki Wysocki Secretary/treasurer-Elect | OfficerTrustee | 3 | $0 |
Dr Amy E Keating Past President | Trustee | 1 | $0 |
Dr Bruno Correia Council Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $87,771 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $175,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,471 |
| Total Program Service Revenue | $142,876 |
| Investment income | $71,499 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $814,043 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $90,487 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,384,085 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $700 |
| Grants and other assistance to domestic individuals. | $30,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $220,023 |
| Compensation of current officers, directors, key employees. | $43,482 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,804 |
| Pension plan accruals and contributions | $4,253 |
| Other employee benefits | $1,489 |
| Payroll taxes | $16,217 |
| Fees for services: Management | $78,970 |
| Fees for services: Legal | $1,285 |
| Fees for services: Accounting | $45,807 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $201 |
| Fees for services: Other | $95,210 |
| Advertising and promotion | $4,181 |
| Office expenses | $26,820 |
| Information technology | $21,234 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $49,867 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $362,674 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,280 |
| All other expenses | $0 |
| Total functional expenses | $1,104,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,387 |
| Savings and temporary cash investments | $246,796 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $157,611 |
| 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 | $192,181 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,094,819 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,738,794 |
| Accounts payable and accrued expenses | $37,055 |
| Grants payable | $0 |
| Deferred revenue | $75,509 |
| 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 | $112,564 |
| Net assets without donor restrictions | $2,285,784 |
| Net assets with donor restrictions | $340,446 |
| 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 | $2,738,794 |