Civic Intelligence

The Phi Beta Kappa Society

EIN 53-0226282 • 501(c)3 • Washington, DC

Profile

The mission of the phi beta kappa society is to champion education in the liberal arts and sciences, foster freedom of thought, and recognize academic excellence.

1606 New Hampshire AvenueWashington, DC 20009

www.pbk.org

Siviq Scores

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

Liabilities / Assets

76th percentile

0.44x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.25x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

43rd percentile

1.9%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

60th percentile

8.2%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

28%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,775,833

Up $286,264 (+8.2%) from 2023

Liabilities

Up

$1,654,911

Up $163,095 (+11%) from 2023

Net Assets

Up

$2,120,922

Up $123,169 (+6.2%) from 2023

Revenue

Up

$6,654,248

Up $1,461,984 (+28%) from 2023

Expenses

Down

$6,531,129

Down $12,212 (-0.2%) from 2023

Net Income

Up

$123,119

Up $1,474,196 (+109%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $7,001,868Liabilities 2010: $617,021Net Assets 2010: $6,384,8472010Assets 2011: $5,185,124Liabilities 2011: $911,370Net Assets 2011: $4,273,7542011Assets 2012: $3,998,438Liabilities 2012: $1,128,140Net Assets 2012: $2,870,2982012Assets 2013: $3,553,588Liabilities 2013: $630,395Net Assets 2013: $2,923,1932013Assets 2014: $3,444,021Liabilities 2014: $844,489Net Assets 2014: $2,599,5322014Assets 2015: $3,467,926Liabilities 2015: $1,187,799Net Assets 2015: $2,280,1272015Assets 2016: $2,622,999Liabilities 2016: $663,617Net Assets 2016: $1,959,3822016Assets 2017: $2,583,763Liabilities 2017: $994,363Net Assets 2017: $1,589,4002017Assets 2018: $3,440,181Liabilities 2018: $1,420,845Net Assets 2018: $2,019,3362018Assets 2019: $3,589,470Liabilities 2019: $787,252Net Assets 2019: $2,802,2182019Assets 2020: $4,480,913Liabilities 2020: $1,589,888Net Assets 2020: $2,891,0252020Assets 2021: $4,794,114Liabilities 2021: $1,735,385Net Assets 2021: $3,058,7292021Assets 2022: $4,608,041Liabilities 2022: $1,246,709Net Assets 2022: $3,361,3322022Assets 2023: $3,489,569Liabilities 2023: $1,491,816Net Assets 2023: $1,997,7532023Assets 2024: $3,775,833Liabilities 2024: $1,654,911Net Assets 2024: $2,120,9222024

Highlighted filing

2024

Assets$3,775,833
Liabilities$1,654,911
Net Assets$2,120,922

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $4,822,9482010Expenses 2011: $7,064,6712011Expenses 2012: $6,546,9932012Revenue 2013: $6,268,080Expenses 2013: $6,215,185Net Income 2013: $52,8952013Revenue 2014: $5,352,004Expenses 2014: $5,675,665Net Income 2014: -$323,6612014Revenue 2015: $5,585,749Expenses 2015: $5,905,154Net Income 2015: -$319,4052015Revenue 2016: $6,813,201Expenses 2016: $7,133,946Net Income 2016: -$320,7452016Revenue 2017: $5,990,313Expenses 2017: $6,360,406Net Income 2017: -$370,0932017Revenue 2018: $5,847,364Expenses 2018: $5,417,930Net Income 2018: $429,4342018Revenue 2019: $6,935,447Expenses 2019: $6,152,300Net Income 2019: $783,1472019Revenue 2020: $5,635,899Expenses 2020: $5,547,092Net Income 2020: $88,8072020Revenue 2021: $5,810,818Expenses 2021: $5,646,043Net Income 2021: $164,7752021Revenue 2022: $6,537,109Expenses 2022: $6,234,900Net Income 2022: $302,2092022Revenue 2023: $5,192,264Expenses 2023: $6,543,341Net Income 2023: -$1,351,0772023Revenue 2024: $6,654,248Expenses 2024: $6,531,129Net Income 2024: $123,1192024

Highlighted filing

2024

Revenue$6,654,248
Expenses$6,531,129
Net Income$123,119

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.78$1.65$2.12$6.65$6.53$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.49$1.49$2.00$5.19$6.54$1.35
2022Detailed filing. Detailed filing data is available for this year.$4.61$1.25$3.36$6.54$6.23$0.30
2021Detailed filing. Detailed filing data is available for this year.$4.79$1.74$3.06$5.81$5.65$0.16
2020Detailed filing. Detailed filing data is available for this year.$4.48$1.59$2.89$5.64$5.55$0.09
2019Detailed filing. Detailed filing data is available for this year.$3.59$0.79$2.80$6.94$6.15$0.78
2018Detailed filing. Detailed filing data is available for this year.$3.44$1.42$2.02$5.85$5.42$0.43
2017Detailed filing. Detailed filing data is available for this year.$2.58$0.99$1.59$5.99$6.36$0.37
2016Detailed filing. Detailed filing data is available for this year.$2.62$0.66$1.96$6.81$7.13$0.32
2015Detailed filing. Detailed filing data is available for this year.$3.47$1.19$2.28$5.59$5.91$0.32
2014Detailed filing. Detailed filing data is available for this year.$3.44$0.84$2.60$5.35$5.68$0.32
2013Summary only. Only limited summary data is available for this year.$3.55$0.63$2.92$6.27$6.22$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$1.13$2.87$6.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.19$0.91$4.27$7.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.00$0.62$6.38$4.82
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Jun 12, 2025
Return Version
2023v6.0
Gross Receipts
$6,654,248
Mission and Program Overview

Mission

The mission of the phi beta kappa society is to champion education in the liberal arts and sciences, foster freedom of thought, and recognize academic excellence.

Advocating for the liberal arts, encouraging scholarship, friendship, cultural interests

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,974,347$1,052,345▼ $922,002
Prepaid Expenses and Deferred Charges$51,920$979,628▲ $927,708
Pledges and Grants Receivable$7,960$139,889▲ $131,929
Accounts Receivable$187,836$8,804▼ $179,032
Cash and Non-Interest-Bearing Accounts$131$131→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$3,489,569$3,775,833▲ $286,264
Other Assets Total$1,267,375$1,595,036▲ $327,661
Liabilities
Deferred Revenue$815,132$1,151,008▲ $335,876
Accounts Payable and Accrued Expenses$676,684$503,903▼ $172,781
Total Liabilities$1,491,816$1,654,911▲ $163,095
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,997,753$2,120,922▲ $123,169
Total Net Assets Fund Balance$1,997,753$2,120,922▲ $123,169
Total Liabilities and Net Assets / Fund Balance$3,489,569$3,775,833▲ $286,264

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$109,781$109,781
Other Assets Org$1,595,036--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frederick LawrenceSecretary/CEOPT$466,996$50,407$517,403
Anne WiseNasi DirectorFT$154,388$46,779$201,167
Sudip BoseManaging Ed-the Amer. ScholarFT$158,021$16,534$174,555
Amy MulnixCOOPT$143,334$23,477$166,811
Deepika MunnaluriIt ManagerFT$112,083$42,657$154,740
Ann MccullochDir., Chapter and Assoc. RelationsFT$116,676$33,241$149,917
Elizabeth KellyVisiting Scholar DirectorFT$118,232$27,680$145,912

Highest Paid Contractors

ContractorServicesLocationCompensation
Daniller CompanyPublishing, Management3724 JEFFERSON STREET SUITE 302, Austin, TX 78731$593,976
Pitney Bowes INCEasy Permit PostagePO BOX 371874, Pittsburgh, PA 15250-7874$291,539
Qg PrintingPrintingPO BOX 644840, Pittsburgh, PA 15264$227,864
Cordia PartnersAccounting Services8330 BOONE BLVD SUITE 350, Vienna, VA 22182$211,289
Revenue and Support

Revenue Composition

Contributions and Grants
$4,987,230
Program Service Revenue
$1,528,973
Investment Income
$27,923
Other Revenue
$110,122
All Other Contributions
$3,413,220
Change in Net Assets
$123,119

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,654,248
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$759
Total Revenue per Audited Statements
$6,655,007
Total Revenue per Form 990
$6,654,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,230,229
Salaries, Compensation, and Employee Benefits$3,194,900
Total Fundraising Expense$844,313
Grants and Similar Amounts Paid$106,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,168,901$497,254$114,318$1,780,473
Office Expenses$734,179$364,017$413,389$1,511,585
Current Officers, Directors, Trustees, and Key Employees$441,132$196,179$46,903$684,214
Other Employee Benefits$252,247$103,943$26,646$382,836
Fees for Services Other$136,224$47,829$185,234$369,287
Information Technology$238,771$89,125$20,460$348,356
Fees for Services Accounting-$242,311-$242,311
Conferences and Meetings$151,058$71,266-$222,324
Payroll Taxes$118,988$49,596$11,605$180,189
Travel$108,131$61,479$4,534$174,144
Pension Plan Contributions$110,327$46,094$10,767$167,188
Grants to Domestic Individuals$106,000--$106,000
Other Expenses$76,625--$76,625
Occupancy$36,168$15,364$3,527$55,059
Insurance-$53,119-$53,119
All Other Expenses$26,179--$26,179
Fees for Services Legal--$6,930$6,930
Total Functional Expenses$3,849,240$1,837,576$844,313$6,531,129

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,531,838
Expenses per Audited Statements$6,531,129
Total Expenses per Form 990$6,531,129
Expenses Not Reported on Form 990$709
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The society's president, vice president, and no fewer than three senators serve as an executive committee that holds the authority to act on behalf of the entire society senate, in between senate meetings.

Form 990, Part VI, Section A, Line 6

The phi beta kappa society's constituent members are its chapters and chartered associations. The persons who are members of pbk are elected and received into membership by the chapters. There are three classes of individual members: 1. Members in course 2. Alumni members 3. Honorary members

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

Voting delegates to pbk's triennial council are chosen from its chapters and chartered associations. Each chapter is entitled to 3 delegates. Each association with 25 to 199 members or more may have one delegate; each association with 200 members or more may have two delegates. Pbk also has a senate, which functions as the general administrative body when the council is not in session. It consists of 24 senators elected by the council as the terms of senators end and require replacement. One senator is elected from each of seven districts and the remaining senators are elected from the membership at large. Each chapter, chartered association, senator, and past president is permitted one vote in the council.

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

Pbk's outsourced accountant, secretary, associate secretary, and the executive committee of the pbk senate (which has authority to act on behalf of the senate) review the form 990 before approving its filing with the irs.

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

All employees, senators and trustees are provided with handbooks that include our conflict of interest policy upon employment or election to office. Pbk also requires all employees and senators to sign a conflict of interest statement on an annual basis. We do not have any employees, senators or trustees stating they have a conflict of interest at this time.

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

In all cases, salary review includes study of comparability data and contemporaneous substantiation of the deliberation and decision. Pbk's president and executive committee review the secretary's compensation; the secretary reviews the compensation of other officers and key employees.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Phi Beta Kappa Society
EIN
53-0226282
Phone
2022653808
Address
1606 NEW HAMPSHIRE AVENUE, WASHINGTON, DC 20009

Signing Officer

Name
Amber Elaine Cox
Title
Assoc Secretary/COO
Phone
2022653808
Signed
2025-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frederick M Lawrence
Formed
1883
Legal Domicile
Dc
Voting Board Members
24
Independent Board Members
24
Employees
27
Volunteers
1,225

Preparer

Firm
Rsm US Llp
Address
7351 OFFICE PARK PLACE, MELBOURNE, FL 32940-8229
Preparer
Kelli Peck
Phone
3217516200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The audit oversight process has remained unchanged from the previous year.

Financial Statement Notes

PART X, LINE 2:

The society and the foundation are exempt from the payment of income taxes on their exempt activities under section 501(c)(3) of the internal revenue code. The society and the foundation have been classified by the internal revenue service as other than private foundations within the meaning of internal revenue code sections 509(a)(1) and 509(a)(3), respectively. The society and the foundation are both subject to income tax on their unrelated business activities, such as advertising for the society and certain alternative investment income for the foundation. The society has generated net operating loss carry forwards resulting from its taxable activities. The society's net operating loss carry forwards will generally expire at various annual dates through 2043. A deferred tax asset has not been recognized due to the uncertainty of realizing a benefit from the net operating loss carry forwards.

Raw XML AppendixShowing 400 of 914 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt23SENATOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt27MANAGING ED-THE AMER. SCHOLAR
IRS990/Form990PartVIISectionAGrp/TitleTxt28NASI DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29VISITING SCHOLAR DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIR., CHAPTER AND ASSOC. RELATIONS
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