Overview
What is The Philosophical Research Society Inc?
The Philosophical Research Society Inc, located in Los Angeles, California, is a nonprofit organization with a focus on spreading knowledge and awareness in the fields of philosophy, comparative religions, and psychology. Committed to its mission, the society has recently expanded its public cultural programs, offering them up to five nights a week starting October 2022. With a dedicated team of eight employees, the society strives to share valuable insights and foster a deeper understanding of these subjects, contributing to the intellectual growth of its community.
Official website here: www.prs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Philosophical Research Society Inc has received a solid rating of 77%, which reflects a strong focus on accountability and finance, contributing to its Three-Star designation. The organization has excelled in several key areas, including having an entirely independent board, strong financial health indicated by a low liabilities to assets ratio, and a high program expense ratio of 75.37%, showing that a significant portion of its resources are directed towards its mission.
The organization demonstrates transparency through listed conflict of interest and whistleblower policies, as well as maintaining documented board meeting minutes. These factors enhance its credibility and reliability in managing donor funds responsibly. Additionally, the absence of any material diversion of assets showcases the organization's commitment to ethical practices.
While the overall rating is positive, it is important for potential donors to consider the organization's single beacon score, which emphasizes accountability and finance over other factors such as impact or program effectiveness. This limited scope may not provide a comprehensive view of the organization's overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Philosophical Research Society Inc legitimate?
The Philosophical Research Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Philosophical Research Society Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $81,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $332,401
For more financial information, click here
Official website here: www.prs.org
What is the mission statement of The Philosophical Research Society Inc?
The Philosophical Research Society Inc's mission is centered around disseminating knowledge and fostering public understanding in the realms of philosophy, comparative religions, and psychology. Their primary objective is to raise awareness in these areas, promoting a broader and deeper societal understanding. Starting October 2022, the organization has increased its public cultural programs, now offering them multiple nights a week.
Official website here: www.prs.org
What is the revenue of The Philosophical Research Society Inc?
The Philosophical Research Society Inc's revenue in 2023 was $821,164.
Official website here: www.prs.org
Who are the executives of The Philosophical Research Society Inc and what are their salaries?
The average compensation at The Philosophical Research Society Inc during 2023 was $27,586. There are 15 employees and 10 volunteers at The Philosophical Research Society Inc.
Here are 7 key members and their salaries:
- Compensation: $81,385
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.prs.org
Where can I find the form 990 for The Philosophical Research Society Inc?
The Philosophical Research Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.prs.org
Learn more at the official website: www.prs.org
Mission Statement of The Philosophical Research Society Inc
The Philosophical Research Society Inc is committed to spreading knowledge and enhancing public understanding in the realms of philosophy, comparative religions, and psychology. With this objective, the organization aims to disseminate information and raise awareness in these fields. Beginning October 2022, The Philosophical Research Society Inc has expanded its public cultural programs, offering them up to five nights a week.
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Impact
July, 2024
The Philosophical Research Society Inc has made a significant impact by disseminating information and increasing public awareness in the areas of philosophy, comparative religions, and psychology. With its increased number of public cultural programs initiated in October 2022, the organization is actively engaging and providing educational opportunities to the community in Los Angeles, California. This dedication to promoting knowledge and understanding in these critical areas contributes to a more informed and enlightened society.
This information is meant to be a general summary of The Philosophical Research Society Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $20,729
- Program Service Revenue: $198,425
- Gross Receipts: $1,125,850
Assets and Liabilities:
- Total Assets: $1,412,689
- Total Liabilities: $32,384
- Net Assets: $1,380,305
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADULT EDUCATION & SEMINAR
Revenue
$22,027
LECTURES AND WORKSHOPS
Revenue
$170,388
PRS Journal Subscription
Revenue
$6,010
Organization Details
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