Public Relations Society Of America Inc is located in Severna Park, MD. 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 12/2020, Public Relations Society Of America Inc generated $29.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (26.1%) each year. All expenses for the organization totaled $39.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (17.2%) per year over the past 2 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
2020
Describe the Organization's Program Activity:
Part 3
THE SOCIETY CONDUCTED EDUCATION AND NETWORKING EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Brusio Coster President | 3 | $0 | |
Kenneth R Smith Treasurer | 3 | $0 | |
Jeffrey A Davis Director | 2.5 | $0 | |
Dianna Fornar Director | 2.5 | $0 | |
David Marshall PHD Director | 2.5 | $0 | |
Emily Mcdermott Director | 2.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $19,410 |
| Membership dues | $10,363 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,779 |
| 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 | $30,375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $542 |
| Other expenses | $7,172 |
| Total expenses | $39,639 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,684 |
| Other assets | $0 |
| Total assets | $49,684 |
| Total liabilities | $3,949 |
| Net assets or fund balances | $45,735 |