Society Of Vertebrate Paleontology
- Assets
- $5.8m
- Revenue
- $984.8k
- Investments
- $0.0
- Employees
- 0
- Location
- McLean, VA
- Founding
- 11/1975
- Data as of
- 12/2021
- EIN
- 06-0906643
Organization Overview
Society Of Vertebrate Paleontology is located in McLean, VA. The organization was established in 1975. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Vertebrate Paleontology 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 12/2021, Society Of Vertebrate Paleontology generated $984.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $776.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE SCIENCE OF VERTEBRATE PALEONTOLOGY THROUGHOUT THE WORLD- SEE PART III
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING: THE ANNUAL SCIENTIFIC CONFERENCE PROVIDES A FORUM FOR SCIENTISTS AND HOBBYISTS INTERESTED IN THE SCIENCE OF PALEONTOLOGY TO NETWORK, SHARE INFORMATION, AND COLLABORATE ON PROJECTS.
JOURNAL: THE JOURNAL OF VERTEBRATE PALEONTOLOGY IS THE FLAGSHIP PUBLICATION OF THE SOCIETY OF VERTEBRATE PALEONTOLOGY.
MEMBERSHIP: THE SOCIETY'S MOST VITAL RESOURCE IS THE ACTIVE PARTICIPATION BY MEMBERS APPROXIMATELY 2,350 PROFESSIONALS, AMATEURS AND STUDENTS SHARING THE SPECIALTY WORLD-WIDE ARE ACTIVE MEMBERS. THE SVP MEMBERSHIP DIRECTORY CONTAINS CONTACT INFORMATION FOR THE ENTIRE SVP MEMBER COMMUNITY AND IS AVAILABLE TO SEARCH FOR MEMBERS. THE JOURNAL OF VERTEBRATE PALEONTOLOGY, (JVP), THE MOST WIDELY READ JOURNAL IN THE PROFESSION IS ALSO AVAILABLE TO MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Theodor President | OfficerTrustee | 8 | $0 |
Margaret Lewis Vice President | OfficerTrustee | 8 | $0 |
Emily Rayfield Immediate Past President | OfficerTrustee | 1 | $0 |
Ted Vlamis Treasurer | OfficerTrustee | 3 | $0 |
Samantha Hopkins Secretary | OfficerTrustee | 1 | $0 |
Lee Lowery Executive Director | Officer | 30 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Faseb Management Services | 12/30/17 | $322,914 |
Taylor & Francis Publishing Services | 12/30/17 | $193,481 |
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 | $131,042 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,042 |
| Total Program Service Revenue | $366,754 |
| Investment income | $87,300 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $398,159 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $984,766 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,675 |
| Grants and other assistance to Foreign Orgs/Individuals | $15,275 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $338,764 |
| Fees for services: Legal | $1,206 |
| Fees for services: Accounting | $14,638 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,800 |
| Fees for services: Other | $1,395 |
| Advertising and promotion | $0 |
| Office expenses | $31,456 |
| Information technology | $21,759 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $235,075 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,481 |
| Insurance | $1,833 |
| All other expenses | $0 |
| Total functional expenses | $775,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,050 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,308 |
| 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 | $115,804 |
| Net Land, buildings, and equipment | $11,547 |
| Investments—publicly traded securities | $5,541,252 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,820,961 |
| Accounts payable and accrued expenses | $22,544 |
| Grants payable | $0 |
| Deferred revenue | $68,722 |
| 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 | $91,266 |
| Net assets without donor restrictions | $5,112,037 |
| Net assets with donor restrictions | $617,658 |
| 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 | $5,820,961 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society Of Vertebrate Paleontology has recieved totaling $14,438.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: Science Technology Math | $14,438 |
Endowment Analysis
| Beg. Balance | $309,681 |
| Earnings | $13,187 |
| Ending Balance | $322,868 |
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|---|---|---|
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Corn Refiners Association Inc Washington, DC | $10,439,497 | $7,705,832 |
Zcash Foundation McLean, VA | $32,799,974 | $26,447,593 |
Institute For Womens Policy Research Washington, DC | $17,100,726 | $10,106,680 |
University Of Maryland Psychiatry Associates P A Baltimore, MD | $10,617,628 | $4,863,213 |
West Virginia University Innovation Corporation Morgantown, WV | $2,905,835 | $5,942,099 |
Health And Environmental Sciences Institute Washington, DC | $8,376,390 | $5,052,599 |
Board Of Certification Accreditation International Owings Mills, MD | $5,575,495 | $5,362,772 |
National Caregiving Foundation Dunkirk, MD | $1,366,084 | $4,115,754 |