Philadelphia Intellectual Property Law Association is located in Philadelphia, PA. The organization was established in 1995. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Intellectual Property Law Association 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 06/2023, Philadelphia Intellectual Property Law Association generated $7.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.2%) each year. All expenses for the organization totaled $12.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (19.0%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING CONTINUING EDUCATION SERVICES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Boos Board Member | 1 | $0 | |
Leah George Board Member | 1 | $0 | |
Josh Cohen Board Member | 1 | $0 | |
Phil Wolfe Board Member | 1 | $0 | |
Abhik A Huq Board Member | 1 | $0 | |
Melissa Gibson President | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,765 |
| Investment income | $1,067 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,832 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,841 |
| Total expenses | $12,291 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,430 |
| Other assets | $0 |
| Total assets | $139,430 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,430 |