Phi Beta Kappa Society in New York, New York (NY)

Organization representatives - add corrected or new information about Phi Beta Kappa Society »

Non-representatives - add comments about Phi Beta Kappa Society»

Phi Beta Kappa Society
Employer Identification Number (EIN)530226282
Name of OrganizationPhi Beta Kappa Society
In Care of NameMelissa Oden
AddressCity College Of New York Nac 5/225 160 Convent Ave, New York, NY 10031
ActivitiesEndowment fund or financial services
SubsectionCharitable Organization
Ruling Date06/1951
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period2007
Assets$1,000,000 to $4,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,444,021
Amount of Income$5,352,004
Form 990 Revenue Amount$5,352,004


Non-representatives - add comments:


CAPTCHA

Your IP address 3.137.215.202 will be logged.

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoYes
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesYes
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?YesYes
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesYes
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10965953
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return2122
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$660,740$667,879
Total reportable compensation from related organizations$43,663$48,420
Total estimated amount of other compensation from the organization and related organizations$166,223$193,060
Total number of individuals who received more than $100,000 of reportable compensation from the organization44
Total number of independent contractors who received more than $100,000 of compensation from the organization35
Statement of Revenue
201120122013
Total revenue$4,953,578$5,143,537$6,268,080
Contributions, Gifts, Grants and Other Similar Amounts$3,618,793$3,871,324$4,080,691
Program Service Revenue$1,248,070$1,174,500$2,105,001
900099$832,852$898,500
900099$305,148$755,235
541800$36,500$297,112
900099$0$154,154
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,052$3,136$1,471
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$83,636$86,545$79,421
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$27$8,032$1,496
900099$8,032$1,496
All other revenue$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$7,064,671$6,546,993$6,215,185
Grants and other assistance to domestic organizations and domestic governments$1,968,995$299,859
Grants and other assistance to domestic individuals$183,500$212,500
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$516,678$551,769$593,972
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$1,039,624$1,066,158$1,145,786
Pension plan accruals and contributions$92,573$94,840
Other employee benefits$222,467$218,010
Payroll taxes$99,787$100,827$113,545
Fees for services (non-employees)
Management$0$0
Legal$34,880$18,106
Accounting$38,019$40,194
Lobbying$0$0
Professional fundraising services$429,234$461,736$505,457
Investment management fees$0$13
Other$345,580$387,132
Advertising and promotion$1,115$300
Office expenses$906,294$1,271,657
Information technology$92,687$294,689
Royalties$0$0
Occupancy$52,800$55,278
Travel$251,634$530,354
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$191,820$370,592
Interest$93,964$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$40,979$49,051
Insurance$57,879$78,879
Other expenses$178,462$178,682
Other expenses$44,261$103,094
Other expenses$11,650$29,349
Other expenses$3,557$22,273
Other expenses$-446,613$-398,427
Balance Sheet
201120122013
Total assets$5,185,124$3,998,438$3,553,588
Cash - non-interest-bearing$400$400
Savings and temporary cash investments$3,242,230$2,816,190
Pledges and grants receivable, net$6,025$117,354
Accounts receivable, net$58,178$114,397
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$331,662$80,581
Land, buildings, and equipment: cost or other basis$60,085$133,769
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$299,858$290,897
Total liabilities$911,370$1,128,140$630,395
Accounts payable and accrued expenses$197,496$220,584
Grants payable$0$0
Deferred revenue$930,644$409,811
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$4,273,754$2,870,298$2,923,193
Unrestricted net assets$2,870,298$2,923,193
Temporarily restricted net assets$0$0
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$16,198,024
Subtotal Support$19,989,087
Gifts, grants, contributions, and membership fees received$19,989,087
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$3,791,063
Total Support$20,446,870
Public Support$19,989,087
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$447,758
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$10,025
Gross receipts from related activities, etc.$6,939,960
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$28,353$46,083$17,730
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$283,531$46,083$17,730
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$800
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$100
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$700
Unrelated business taxable income$18,530
Unrelated business taxable income before net operating loss deduction$18,530
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$18,530
Specific deduction$1,000
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Phi Beta Kappa Society to others? (optional)
  
Add photo of Phi Beta Kappa Society (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Other organizations in New York
IdNameAddressStateEstablishedTotal Income
1Parmenides Traditional Philosophy Foundation39 W 88th Street, New York, NY 10024-2534NY1995-03$16,516
2Pascucci Family Foundation270 S Service Rd Ste 45, Melville, NY 11747-2339NY1997-09$394,962
3Payam Cultural Society IncorporatedPO BOX 222078, Great Neck, NY 11022-2078NY2001-05$117,065
4Pearl Theatre Co Inc555 West 42nd Street, New York, NY 10036-4300NY1983-04$1,579,074
5People Inc, People Ink Press1219 N Forest Rd, Williamsville, NY 14221-3230NY1994-01$117,756,937
6Peter & Devon Briger Foundation77 Water St Fl 9, New York, NY 10005-4414NY1998-11$14,364
7Peter And Kristen Gerhard FoundationPO BOX 73, New York, NY 10274-0073NY1998-02$12,206
8Peter And Susan Solomon Family Foundation307 5th Ave Fl 8, New York, NY 10016-6517NY1987-02$4,265,139
9Peter And Lynn Tishman Fund Inc840 Park Ave, New York, NY 10075-1847NY1961-03$18,923
10Peter R And Cynthia K Kellogg Foundation48 Wall St, New York, NY 10005-2903NY1983-11$107,527,039
11Phi Beta Kappa SocietyCity College Of New York Nac 5/225 160 Convent Ave, New York, NY 10031NY1951-06$5,352,004
12Pibly Fund Inc2415 Westchester Ave, Bronx, NY 10461-3538NY1964-05$3,931
13Pierce Family Charitable Foundation70 W Chippewa St Ste 609, Buffalo, NY 14202-2012NY1997-09$608,666
14Pittman Family Foundation810 Seventh Ave 7th Fl, New York, NY 10019-5890NY1998-04$-7,325
15Family Planning Of South Central New York Inc37 Dietz Street, Oneonta, NY 13820-1882NY1973-05$4,187,668
16Plast Foundation Inc144 2nd Ave, New York, NY 10003-8305NY1968-02$256,719
17Poets & Writers Inc90 Broad Street, New York, NY 10004-2205NY1971-07$6,223,479
18Police Athletic League Of Niagara Falls N Y Inc4455 Porter Rd, Niagara Falls, NY 14305-3309NY1973-11$157,491
19Polish Community Center Of Buffalo Inc1081 Broadway St, Buffalo, NY 14212-1456NY1977-05$3,537,652
20Prince Family Foundation77 Water St Fl 9, New York, NY 10005-4414NY2001-04$1,517,246
20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralPhi Beta Kappa SocietyCity College Of New York Nac 5/225 160 Convent Ave, New York, NY 10031NY1951-06$5,352,004
SubordinatePhi Beta Kappa Society1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$1,095,316
SubordinatePhi Beta Kappa Society1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$185,572
SubordinatePhi Beta Kappa Society, University Of Colorado - Pbk1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$109,790
SubordinatePhi Beta Kappa Society, Pbk-College Of William And Mary1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$105,873
SubordinatePhi Beta Kappa Society1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$68,072
SubordinatePhi Beta Kappa Society, Chicago AssociationPO BOX 641121, Chicago, IL 60664-1121IL1972-01$34,982
SubordinatePhi Beta Kappa Society1606 New Hampshire Avenue Nw, Washington, DC 20009DC1951-06$25,802
SubordinatePhi Beta Kappa Society1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$15,361
SubordinatePhi Beta Kappa Society405 North Palisades Drive, Signal Mountain, TN 37377TN1951-06$405
SubordinatePhi Beta Kappa Society1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$0
SubordinatePhi Beta Kappa Society1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$0
SubordinatePhi Beta Kappa Society1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$0
SubordinatePhi Beta Kappa Society37 South College Ave, Saint Joseph, MN 56374MN1951-06$0
SubordinatePhi Beta Kappa Society1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$0
SubordinatePhi Beta Kappa Society1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$0
SubordinatePhi Beta Kappa Society1606 New Hampshire Ave Nw, Washington, DC 20009DC1951-06$0
SubordinatePhi Beta Kappa Chi Chapter3601 Pacific Avenue, Stockton, CA 95211CA1951-06$0
SubordinatePhi Beta Kappa Society1606 New Hampshire Avenue Nw, Washington, DC 20009DC1951-06$0
SubordinatePhi Beta Kappa Society, Phi Beta Kappa Nu Chapter Of California5sdsu 500 Campanile Dr, San Diego, CA 92182CA1972-01$0
Number of affiliated organizations
Alabama1
California3
District of Columbia321
Delaware1
Florida3
Illinois1
Indiana1
Maryland1
Minnesota1
New York4
Oregon1
Pennsylvania2
Rhode Island1
South Carolina1
Tennessee2
Virginia1
Total345

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Phi Beta Kappa Society and has no official or unofficial affiliation with Phi Beta Kappa Society