Civic Intelligence

Society of Exploration Geophysicists

EIN 73-0555125 • 501(c)6 • Tulsa, OK

Profile

To promote the science of applied geophysics and related fields, including applications and research, to foster the common scientific interests of geophysicists, and to maintain a high professional standing among its members.

125 W 15th Street 100Tulsa, OK 74119-3801

www.seg.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.13x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

37th percentile

0.26x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

81st percentile

20%

Higher net margin than 81% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

44th percentile

$349,802

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

78th percentile

14%

Faster asset growth than 78% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

21%

Faster revenue growth than 83% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$24,607,258

Up $3,035,544 (+14%) from 2023

Liabilities

Down

$3,244,940

Down $99,511 (-3.0%) from 2023

Net Assets

Up

$21,362,318

Up $3,135,055 (+17%) from 2023

Revenue

Up

$12,308,932

Up $2,171,526 (+21%) from 2023

Expenses

Down

$9,908,096

Down $242,253 (-2.4%) from 2023

Net Income

Up

$2,400,836

Up $2,413,779 (+18649%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $19,517,587Liabilities 2011: $4,953,673Net Assets 2011: $14,563,9142011Assets 2012: $21,821,058Liabilities 2012: $6,501,282Net Assets 2012: $15,319,7762012Assets 2013: $17,382,102Liabilities 2013: $7,309,216Net Assets 2013: $10,072,8862013Assets 2014: $19,165,220Liabilities 2014: $7,103,359Net Assets 2014: $12,061,8612014Assets 2015: $18,270,979Liabilities 2015: $6,633,770Net Assets 2015: $11,637,2092015Assets 2016: $15,035,966Liabilities 2016: $4,025,844Net Assets 2016: $11,010,1222016Assets 2017: $16,103,055Liabilities 2017: $3,531,484Net Assets 2017: $12,571,5712017Assets 2018: $18,110,600Liabilities 2018: $5,033,952Net Assets 2018: $13,076,6482018Assets 2019: $19,805,941Liabilities 2019: $4,276,951Net Assets 2019: $15,528,9902019Assets 2020: $25,219,439Liabilities 2020: $2,868,778Net Assets 2020: $22,350,6612020Assets 2021: $25,966,350Liabilities 2021: $3,452,668Net Assets 2021: $22,513,6822021Assets 2022: $19,147,160Liabilities 2022: $2,984,977Net Assets 2022: $16,162,1832022Assets 2023: $21,571,714Liabilities 2023: $3,344,451Net Assets 2023: $18,227,2632023Assets 2024: $24,607,258Liabilities 2024: $3,244,940Net Assets 2024: $21,362,3182024

Highlighted filing

2024

Assets$24,607,258
Liabilities$3,244,940
Net Assets$21,362,318

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $13,613,075Expenses 2011: $13,234,867Net Income 2011: $378,2082011Revenue 2012: $15,408,621Expenses 2012: $14,573,756Net Income 2012: $834,8652012Expenses 2013: $17,420,7922013Revenue 2014: $18,886,850Expenses 2014: $17,618,040Net Income 2014: $1,268,8102014Revenue 2015: $20,371,552Expenses 2015: $20,535,127Net Income 2015: -$163,5752015Revenue 2016: $14,964,371Expenses 2016: $14,725,600Net Income 2016: $238,7712016Revenue 2017: $14,885,712Expenses 2017: $13,836,847Net Income 2017: $1,048,8652017Revenue 2018: $15,638,142Expenses 2018: $13,828,402Net Income 2018: $1,809,7402018Revenue 2019: $15,740,796Expenses 2019: $15,229,984Net Income 2019: $510,8122019Revenue 2020: $8,141,492Expenses 2020: $10,562,197Net Income 2020: -$2,420,7052020Revenue 2021: $8,901,872Expenses 2021: $9,581,459Net Income 2021: -$679,5872021Revenue 2022: $9,879,497Expenses 2022: $11,406,168Net Income 2022: -$1,526,6712022Revenue 2023: $10,137,406Expenses 2023: $10,150,349Net Income 2023: -$12,9432023Revenue 2024: $12,308,932Expenses 2024: $9,908,096Net Income 2024: $2,400,8362024

Highlighted filing

2024

Revenue$12,308,932
Expenses$9,908,096
Net Income$2,400,836

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.6$3.24$21.4$12.3$9.91$2.40
2023Detailed filing. Detailed filing data is available for this year.$21.6$3.34$18.2$10.1$10.2$0.01
2022Detailed filing. Detailed filing data is available for this year.$19.1$2.98$16.2$9.88$11.4$1.53
2021Detailed filing. Detailed filing data is available for this year.$26.0$3.45$22.5$8.90$9.58$0.68
2020Detailed filing. Detailed filing data is available for this year.$25.2$2.87$22.4$8.14$10.6$2.42
2019Detailed filing. Detailed filing data is available for this year.$19.8$4.28$15.5$15.7$15.2$0.51
2018Detailed filing. Detailed filing data is available for this year.$18.1$5.03$13.1$15.6$13.8$1.81
2017Detailed filing. Detailed filing data is available for this year.$16.1$3.53$12.6$14.9$13.8$1.05
2016Detailed filing. Detailed filing data is available for this year.$15.0$4.03$11.0$15.0$14.7$0.24
2015Detailed filing. Detailed filing data is available for this year.$18.3$6.63$11.6$20.4$20.5$0.16
2014Summary only. Only limited summary data is available for this year.$19.2$7.10$12.1$18.9$17.6$1.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$7.31$10.1$17.4
2012Summary only. Only limited summary data is available for this year.$21.8$6.50$15.3$15.4$14.6$0.83
2011Summary only. Only limited summary data is available for this year.$19.5$4.95$14.6$13.6$13.2$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$18,698,476
Mission and Program Overview

Mission

To promote the science of applied geophysics and related fields, including applications and research, to foster the common scientific interests of geophysicists, and to maintain a high professional standing among its members.

To promote the science of exploration geophysics and related fields.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,866,388$15,747,943▲ $2,881,555
Accounts Receivable$5,227,530$5,696,647▲ $469,117
Savings and Temporary Cash Investments$1,579,407$1,218,087▼ $361,320
Cash and Non-Interest-Bearing Accounts$287,276$603,960▲ $316,684
Land, Buildings, and Equipment, Net$676,517$470,845▼ $205,672
Investments Other Securities$450,000$450,000→ $0
Prepaid Expenses and Deferred Charges$279,876$247,652▼ $32,224
Inventories for Sale or Use$93,185$123,745▲ $30,560
Total Assets$21,571,714$24,607,258▲ $3,035,544
Other Assets Total$111,535$48,379▼ $63,156
Liabilities
Deferred Revenue$997,919$1,288,714▲ $290,795
Accounts Payable and Accrued Expenses$1,015,210$1,205,668▲ $190,458
Mortgage Notes Payable Secured by Investment Property$1,288,460$700,000▼ $588,460
Other Liabilities$42,862$50,558▲ $7,696
Total Liabilities$3,344,451$3,244,940▼ $99,511
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,227,263$21,362,318▲ $3,135,055
Total Net Assets Fund Balance$18,227,263$21,362,318▲ $3,135,055
Total Liabilities and Net Assets / Fund Balance$21,571,714$24,607,258▲ $3,035,544

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$439,714$888,465$1,328,179
Equipment$29,476$340,594$370,070
Leasehold Improvements$1,655$20,117$21,772
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim WhiteSecretaryFT$276,500$74,027$350,527
Carlos De La GarzaCFOFT$230,323$40,799$271,122
Tom AgnewAssociate Executive DirectorFT$150,900$70,529$221,429
Scott SutherlandDirector, Business & Geoscience Tech-$163,963$28,084$192,047
Scott SutherlandDirector, Business & Geoscience TechnologyFT$172,155$19,096$191,251
Annabella BetancourtManaging Director of ProgramsFT$164,863$19,241$184,104

Board Members and Trustees

NameTitle
Ge JinCouncil Chair
Allen BertagneFormer Council Chair
Arthur ChengPast President
Ken TubmanPast President
John EastwoodPresident
Joe ReillyPresident-elect
Aria AbubakarSecond Vide President
Marianne RauchFirst Vice President
Mauricio SacchiFormer First Vice President
Kyle SpikesVice President, Publications
Constantine TsingasDirector at Large
Joseph EbeniroDirector at Large
Lillian FlakesDirector at Large
Sandeep ChandolaDirector at Large
Sergio Chavez-perezDirector at Large
Ana CurcioFormer Director at Large
Olga NedorubFormer Director at Large
Michael MellenFormer Treasurer
Xiaojun HuangTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Atypon Systems LLCArchive Operations111 RIVER STREET, Hoboken, NJ 07030$216,048
Liftoff Services LLCConsulting1351 ALTHEA DR, Houston, TX 77018$148,200
Lumina Datamatics INCEditing And Xml Composition ServicesDEPT CH 10852, Palatine, IL 60055$143,270
Cobalt CompanySoftware Development2550 S CLARK STREET SUITE 850, Arlington, TX 77055$124,350
Revenue and Support

Revenue Composition

Contributions and Grants
$2,934,305
Program Service Revenue
$5,973,313
Investment Income
$785,311
Other Revenue
$2,616,003
Change in Net Assets
$2,400,836
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,737,726
Other Expenses$3,508,221
Grants and Similar Amounts Paid$662,149
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,680,494
Current Officers, Directors, Trustees, and Key Employees---$1,219,229
Fees for Services Other---$469,526
Payroll Taxes---$389,476
Travel---$388,825
Information Technology---$381,068
Foreign Grants---$362,781
Other Employee Benefits---$277,919
Conferences and Meetings---$265,364
Office Expenses---$245,919
Grants to Domestic Individuals---$228,309
Depreciation Depletion---$226,031
Occupancy---$177,327
Pension Plan Contributions---$170,608
Fees for Services Accounting---$142,624
Advertising---$80,098
Insurance---$78,028
Grants to Domestic Orgs---$71,059
Interest---$58,346
Fees for Service Investment Mgmnt Fees---$57,295
All Other Expenses---$51,311
Fees for Services Legal---$50,702
Other Expenses---$46,852
Total Functional Expenses$0$0$0$9,908,096
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of HoustonHouston, TX501(c)(3)Humanitarian Grant$30,000

International Summary

Offices
2
Employees
5
Spending
$362,781

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
Yes
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
South AsiaGrantmaking-00$100,383
Sub-saharan AfricaGrantmaking-00$85,013
East Asia and the PacificGrantmaking-11$56,641
EuropeGrantmaking-00$52,744
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Grantmaking-14$25,613
North AmericaGrantmaking-00$21,562
South AmericaGrantmaking-00$14,562
Russia and Neighboring StatesGrantmaking-00$5,582
East Asia and the PacificGrantmaking-00$681
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Liabilities$50,558
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members.

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

Active members of the society annually elect members of the board of directors and members of the council to terms of fixed length. Any action of the board of directors or the council may be reviewed by active members. Active members may petition to change a board of directors or council decision with participation of certain percent. If the board does not adopt the change proposed by petition and the proposed change is within the limitations of the society's bylaws, the petitioned change is submitted to active members by ballot. If a majority votes in favor of the petitioned change, the change is adopted as promptly as practicable.

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

Changes to the bylaws must be approved by membership.

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

The seg accounting management working with the auditor provide and review the form 990 data and information. The managing director of finance reviews and approves the draft 990, then presents it to the audit committee for review. Following their review, the audit committee provides a copy of the draft 990 to the governing board prior to filing.

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

Seg reviews its conflict of interest policy with its board of directors and senior management upon appointment or hire, respectively. They must sign a statement that they have received the policy, understand the activities seg engages in necessary to maintain its tax-exempt status, and will immediately disclose actual and potential conflicts of interest as they arise in accordance with policy.

Form 990, Part VI, Section B, Line 15

Annually, the compensation committee, made up of officers of the board, reviews compensation comparability data, among other information, and makes a recommendation to the full board on any adjustment in compensation for the executive director. The board reviews the information provided as part of this process and determines the compensation of the executive director for the coming year. The executive director utilizes compensation comparability data, along with other information, to determine the compensation of key employees. The board approves the total salaries budget annually.

Form 990, Part VI, Section C, Line 19

The organization's consolidated audited financial statements are available as part of the annual report on seg's website. The organization's irs form 990, conflict of interest policy, and certain governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Society of Exploration Geophysicists
EIN
73-0555125
Phone
9184975500
Address
125 W 15TH STREET 100, TULSA, OK 74119-3801

Signing Officer

Name
James White
Title
Executive Director
Phone
9184975500
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James White
Formed
1930
Legal Domicile
Ok
Voting Board Members
13
Independent Board Members
13
Employees
43
Volunteers
1,200

Preparer

Firm
Hogantaylor Llp
Address
1225 N BROADWAY AVENUE SUITE 200, OKLAHOMA CITY, OK 73103
Preparer
Megan Courtney
Phone
4058482020
Raw XML AppendixShowing 400 of 943 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/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt2FIRST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECOND VIDE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT, PUBLICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR AT LARGE
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IRS990/Form990PartVIISectionAGrp/TitleTxt16FORMER DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt17FORMER DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt18FORMER COUNCIL CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt20CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt21ASSOCIATE EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22MANAGING DIRECTOR OF PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR, BUSINESS & GEOSCIENCE TECHNOLOGY
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IRS990/MissionDesc0TO PROMOTE THE SCIENCE OF APPLIED GEOPHYSICS AND RELATED FIELDS, INCLUDING APPLICATIONS AND RESEARCH, TO FOSTER THE COMMON SCIENTIFIC INTERESTS OF GEOPHYSICISTS, AND TO MAINTAIN A HIGH PROFESSIONAL STANDING AMONG ITS MEMBERS.
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