Simulation Councils Inc
- Assets
- $436.5k
- Revenue
- $271.3k
- Investments
- $0.0
- Employees
- 2
- Location
- San Diego, CA
- Founding
- 10/1959
- Data as of
- 06/2022
- EIN
- 95-6059107
Organization Overview
Simulation Councils Inc, operating under the name Society for Modeling and Simulation International, is located in San Diego, CA. The organization was established in 1959. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. As of 06/2022, Society for Modeling and Simulation International employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society for Modeling and Simulation International 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 06/2022, Society for Modeling and Simulation International generated $271.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $375.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 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
PROMOTE AN UNDERSTANDING, APPRECIATION, AND UTILIZATION OF COMPUTER-BASED MODELING, SIMULATION, AND RELATED FIELDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES ORGANIZES NATIONAL AND INTERMATIONAL CONFERENCES TO PROMOTE A SHARING OF INFORMATION IN THE UTILIZATION OF MODELING SIMULATION AND RELATED FIELDS.
JOURNALS PUBLISHES TWO JOURNALS SIMULATION TRANSACTIONS OF THE SOCIETY FOR MODELING AND SIMULATION INTERNATIONAL SIMULATION AND THE JOURNAL OF DEFENSE MODELING AND SIMULATION JDMS. JOURNALS ARE SENT TO MEMBERS AND SUBSCRIBING LIBRARIES.
MEMBERSHIP DISSEMINATES INFORMATION OF INTEREST TO MEMBERS AND CONFERENCE ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oletha Darensburg Executive Director/secretary | Officer | 40 | $100,000 |
Bjorn Johansson Chaiman | Officer | 1 | $0 |
John Richardson Director At Large | Trustee | 1 | $0 |
Charles Macal President | Officer | 1 | $0 |
Andrea Dambrogio President-Elect | Trustee | 1 | $0 |
Jose Luis Risco Martin Director At Large | Trustee | 1 | $0 |
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $268,447 |
| Investment income | $47 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $271,309 |
| 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. | $118,168 |
| Compensation of current officers, directors, key employees. | $100,224 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,355 |
| Pension plan accruals and contributions | $770 |
| Other employee benefits | $990 |
| Payroll taxes | $12,247 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,688 |
| Fees for services: Accounting | $4,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,324 |
| Advertising and promotion | $481 |
| Office expenses | $2,689 |
| Information technology | $161 |
| Royalties | $0 |
| Occupancy | $37,782 |
| Travel | $1,713 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82,493 |
| Interest | $1,835 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $775 |
| Insurance | $6,264 |
| All other expenses | $6,263 |
| Total functional expenses | $375,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $288,617 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $87,514 |
| 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 | $15,755 |
| Net Land, buildings, and equipment | $682 |
| Investments—publicly traded securities | $19,721 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $24,181 |
| Other assets | $0 |
| Total assets | $436,470 |
| Accounts payable and accrued expenses | $12,199 |
| Grants payable | $0 |
| Deferred revenue | $46,125 |
| 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 | $58,324 |
| Net assets without donor restrictions | $378,146 |
| Net assets with donor restrictions | $0 |
| 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 | $436,470 |
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