Civic Intelligence

Strategic Management Society Inc

EIN 31-1051434 • 501(c)3 • Chicago, IL

Profile

Strategic management research and education.

134 N Lasalle Street 1005Chicago, IL 60602

strategicmanagement.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

58th percentile

7.9%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

77th percentile

$296,956

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

66th percentile

9.6%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

53rd percentile

8.3%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets5th percentile

Assets

Down

$8,360,713

Down $1,161,652 (-12%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$8,360,713

Down $1,161,652 (-12%) from 2021

Operations
Liabilities / Revenue7th percentileNet Margin58th percentile

Revenue

Up

$2,747,459

Up $1,065,402 (+63%) from 2021

Expenses

Up

$2,316,237

Up $954,980 (+70%) from 2021

Net Income

Up

$431,222

Up $110,422 (+34%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $2,944,588Liabilities 2011: $0Net Assets 2011: $2,944,5882011Assets 2012: $3,381,027Liabilities 2012: $0Net Assets 2012: $3,381,0272012Assets 2013: $4,059,604Liabilities 2013: $0Net Assets 2013: $4,059,6042013Assets 2014: $6,160,755Liabilities 2014: $0Net Assets 2014: $6,160,7552014Assets 2015: $6,323,354Liabilities 2015: $0Net Assets 2015: $6,323,3542015Assets 2016: $6,785,706Liabilities 2016: $0Net Assets 2016: $6,785,7062016Assets 2017: $7,384,304Liabilities 2017: $0Net Assets 2017: $7,384,3042017Assets 2019: $7,829,886Liabilities 2019: $8,130Net Assets 2019: $7,821,7562019Assets 2020: $8,732,779Liabilities 2020: $4,922Net Assets 2020: $8,727,8572020Assets 2021: $9,522,365Liabilities 2021: $0Net Assets 2021: $9,522,3652021Assets 2022: $8,360,713Liabilities 2022: $0Net Assets 2022: $8,360,7132022

Highlighted filing

2022

Assets$8,360,713
Liabilities$0
Net Assets$8,360,713
Open 2022 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2011: $1,683,3562011Expenses 2012: $1,973,5512012Revenue 2013: $2,379,672Expenses 2013: $1,802,103Net Income 2013: $577,5692013Revenue 2014: $4,552,437Expenses 2014: $2,088,420Net Income 2014: $2,464,0172014Revenue 2015: $2,213,868Expenses 2015: $1,849,942Net Income 2015: $363,9262015Revenue 2016: $2,290,125Expenses 2016: $2,033,958Net Income 2016: $256,1672016Revenue 2017: $2,453,822Expenses 2017: $2,129,594Net Income 2017: $324,2282017Revenue 2019: $2,590,707Expenses 2019: $2,158,059Net Income 2019: $432,6482019Revenue 2020: $1,501,206Expenses 2020: $1,430,032Net Income 2020: $71,1742020Revenue 2021: $1,682,057Expenses 2021: $1,361,257Net Income 2021: $320,8002021Revenue 2022: $2,747,459Expenses 2022: $2,316,237Net Income 2022: $431,2222022

Highlighted filing

2022

Revenue$2,747,459
Expenses$2,316,237
Net Income$431,222
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$8,360,713
Liabilities
$0
Net assets
$8,360,713
Revenue
$2,747,459
Expenses
$2,316,237
Net income
$431,222
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.36$0.00$8.36$2.75$2.32$0.43
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.52$0.00$9.52$1.68$1.36$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.73$0.00$8.73$1.50$1.43$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.83$0.01$7.82$2.59$2.16$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.38$0.00$7.38$2.45$2.13$0.32
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.79$0.00$6.79$2.29$2.03$0.26
2015Detailed filing. Detailed filing data is available for this year.$6.32$0.00$6.32$2.21$1.85$0.36
2014Detailed filing. Detailed filing data is available for this year.$6.16$0.00$6.16$4.55$2.09$2.46
2013Detailed filing. Detailed filing data is available for this year.$4.06$0.00$4.06$2.38$1.80$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.00$3.38$1.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.00$2.94$1.68
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 26, 2022
Return Version
2021v4.2
Gross Receipts
$2,235,888
Mission and Program Overview

Mission

The strategic management society, inc. (society) is a not-for-profit membership organization representing over 3,000 academics, business practitioners, and consultants from more than 80 different countries who are dedicated to the development and dissemination of insights on the strategic management process, as well as on fostering contracts and interchange around the world.

Strategic management research and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,019,650$8,545,226▲ $525,576
Savings and Temporary Cash Investments$567,449$900,319▲ $332,870
Cash and Non-Interest-Bearing Accounts$145,680$76,820▼ $68,860
Total Assets$8,732,779$9,522,365▲ $789,586
Liabilities
Accounts Payable and Accrued Expenses$4,922--
Total Liabilities$4,922$0▼ $4,922
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,727,857$9,522,365▲ $794,508
Total Net Assets Fund Balance$8,727,857$9,522,365▲ $794,508
Total Liabilities and Net Assets / Fund Balance$8,732,779$9,522,365▲ $789,586

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$4,237,122-▲ $417,822-$4,509,954
2020$3,802,651-▲ $559,007-$4,237,122
2019$3,409,191-▲ $529,828-$3,802,651
2018$3,660,992-▼ $105,361-$3,409,191
2017$3,428,011-▲ $370,101-$3,660,992
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Barbara GrobickiExecutive Director (04/21-12/21)FT$167,560$7,691$175,251
Eileen MccarthyExecutive Director (01/21-04/21)FT$71,243$2,666$73,909

Board Members and Trustees

NameTitle
Javier GimenoPast President
Africa ArinoPresident
Yan Anthea ZhangPresident-elect
Aseem KaulDirector
Dovev LavieDirector
George Stalk JrDirector
Gwendolyn LeeDirector
Heli WangDirector
Julian BirkinshawDirector
Paul MangDirector
Ruth AguileraDirector
Sharon MatusikDirector
Tomi LaamanenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,834
Program Service Revenue
$1,315,048
Investment Income
$358,175
Other Revenue
$0
All Other Contributions
$8,834
Change in Net Assets
$320,800

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,656,098
Revenue Not Reported on Financial Statements
$25,959
Revenue Not Reported on Form 990
$473,708
Total Revenue per Audited Statements
$2,129,806
Total Revenue per Form 990
$1,682,057
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$636,546
Other Expenses$628,309
Grants and Similar Amounts Paid$96,402
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$164,883$149,104-$313,987
Current Officers, Directors, Trustees, and Key Employees$10,317$238,843-$249,160
Information Technology$136,016$110,370-$246,386
Fees for Services Other$3,750$88,037-$91,787
Foreign Grants$70,240--$70,240
Occupancy$22,274$27,201-$49,475
Payroll Taxes$12,880$27,845-$40,725
Other Employee Benefits$13,237$19,437-$32,674
Fees for Services Accounting-$31,563-$31,563
Grants to Domestic Individuals$26,162--$26,162
Other Expenses$18,430$7,660-$26,090
Fees for Service Investment Mgmnt Fees-$25,959-$25,959
Office Expenses$4,140$12,522-$16,662
Insurance-$16,520-$16,520
All Other Expenses$7,798$3,031-$10,829
Fees for Services Legal-$8,038-$8,038
Total Functional Expenses$595,127$766,130$0$1,361,257

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,361,257
Expenses per Audited Statements$1,335,298
Total Expenses per Audited Statements$1,335,298
Expenses Not Reported on Financial Statements$25,959
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$70,240

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Program Service GrantsResearch Awards00$50,564
North AmericaProgram Service GrantsResearch Awards00$6,063
East Asia and the PacificProgram Service GrantsResearch Awards00$5,013
Europe (including Iceland & Greenland)Program Service GrantsHumanitarian Assistance00$5,000
South AsiaProgram Service GrantsResearch Awards00$3,600
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The society has three classes of members: regular, emeritus, and student.”

Form 990, Part VI, Section A, Line 7A

“The society's board of directors is elected by a vote of its members; with each member entitled to one vote.”

Form 990, Part VI, Section A, Line 7B

“Any director or directors elected by the members may be removed, with or without cause, at a meeting of the members called expressly for that purpose. A two-thirds (2/3) majority of those attending the special meeting is required to remove a director.”

Form 990, Part VI, Section B, Line 11B

“The society's 990 is prepared by independent accountants and provided to the society's management for an initial review. The form is then provided to the board of directors for review and discussion prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to disclose any potential conflicts of interest annually.”

Form 990, Part VI, Section B, Line 15A

“The compensation committee uses published industry comparison data to determine the compensation of the executive director.”

Form 990, Part VI, Section C, Line 19

“The society's governing documents, conflict of interest policy and financial statements are available to the public upon request. The society's bylaws are also available on its website.”

Filing and Contact Details

Filer

Filer Name
Strategic Management Society Inc
EIN
31-1051434
Phone
3124926224
Address
134 N LASALLE STREET 1005, CHICAGO, IL 60602

Signing Officer

Name
Barbara Grobicki
Title
Executive Director
Phone
3124926224
Signed
2022-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Grobicki
Formed
1983
Legal Domicile
In
Voting Board Members
13
Independent Board Members
13
Employees
8
Volunteers
1,750

Preparer

Firm
Selden Fox Ltd
Address
619 ENTERPRISE DRIVE, OAK BROOK, IL 60523-8835
Preparer
Robert G Wujek
Phone
6309541400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The society's board of directors is responsible for the oversight of the audit of the financial statements and selection of an independent accountant. This process has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“The society follows the financial accounting standards board requirements for accounting for uncertain tax positions and has determined they are not required to record a liability for any such positions.”

Raw XML AppendixShowing 400 of 632 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AllOtherContributionsAmt08834
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03031
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07798
IRS990/AllOtherExpensesGrp/TotalAmt010829
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
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IRS990/BooksInCareOfDetail/PhoneNum03124926224
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0134 N LASALLE ST SUITE 1005
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IRS990/ChangeToOrgDocumentsInd00
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IRS990/CollectionsOfArtInd00
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IRS990/CompensationFromOtherSrcsInd00
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IRS990/CompensationProcessOtherInd00
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IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR (04/21-12/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR (01/21-04/21)
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IRS990/MissionDesc0THE STRATEGIC MANAGEMENT SOCIETY, INC. (SOCIETY) IS A NOT-FOR-PROFIT MEMBERSHIP ORGANIZATION REPRESENTING OVER 3,000 ACADEMICS, BUSINESS PRACTITIONERS, AND CONSULTANTS FROM MORE THAN 80 DIFFERENT COUNTRIES WHO ARE DEDICATED TO THE DEVELOPMENT AND DISSEMINATION OF INSIGHTS ON THE STRATEGIC MANAGEMENT PROCESS, AS WELL AS ON FOSTERING CONTRACTS AND INTERCHANGE AROUND THE WORLD.
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IRS990/OtherExpensesGrp/ProgramServicesAmt118430
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IRS990/PrincipalOfficerNm0BARBARA GROBICKI
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IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
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IRS990/ProgSrvcAccomActy2Grp/Desc0MEMBERSHIP AND JOURNALS - AS A PROFESSIONAL MEMBERSHIP SOCIETY OF ACADEMICS, BUSINESS PRACTIONERS, AND CONSULTANTS IN THE FIELD OF STRATEGIC MANAGEMENT, THE SOCIETY ASSESSES MEMBERSHIP DUES. THE SOCIETY ALSO PUBLISHES THREE LEADING ACADEMIC JOURNALS:"STRATEGIC MANAGEMENT JOURNAL", "STRATEGIC ENTREPRENEURSHIP JOURNAL", AND "GLOBAL STRATEGY JOURNAL".
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