SOCIETY OF VERTEBRATE PALEONTOLOGY: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
SOCIETY OF VERTEBRATE PALEONTOLOGY (EIN 06-0906643)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-12
IRS object ID
202043179349305694
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

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Return2020-11-12T14:06:09-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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Preparer Firm EIN582676261PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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Business Name Line1Rogers & Company PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

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CityViennaCityNm
State AbbreviationVAStateAbbreviationCd
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Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

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EIN060906643EIN

Business Name BusinessName

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Business Name Line1The Society of Vertebrate PaleontologyBusinessNameLine1Txt
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Business Name ControlSOCIBusinessNameControlTxt
Phone3016347024PhoneNum

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Address Line17918 Jones Branch Drive No 300AddressLine1Txt
CityMcLeanCityNm
State AbbreviationVAStateAbbreviationCd
ZIP221023345ZIPCd

Business Officer BusinessOfficerGrp

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PersonLee LoweryPersonNm
Person TitleTransition Executive DirectorPersonTitleTxt
Phone3016347024PhoneNum
Signature2020-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

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Preparer PersonLori A CollingsworthPreparerPersonNm
PTINP00639819PTIN
Phone7038930300PhoneNum
Preparation2020-11-10PreparationDt

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Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

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CityMcLeanCityNm
State AbbreviationVAStateAbbreviationCd
ZIP221023345ZIPCd
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Gross Receipts$3,027,915GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresshttp://vertpaleo.org/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1940FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTo advance the science of vertebrate paleontology throughout the world- See Part IIIActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers143TotalVolunteersCnt
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Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$78,028PYContributionsGrantsAmt
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CY Program Service Revenue$740,072CYProgramServiceRevenueAmt
PY Investment Income$143,700PYInvestmentIncomeAmt
CY Investment Income$272,868CYInvestmentIncomeAmt
PY Other Revenue$3,123PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,152,793PYTotalRevenueAmt
CY Total Revenue$1,054,702CYTotalRevenueAmt
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CY Total Expenses$1,032,854CYTotalExpensesAmt
PY Revenues Less Expenses$241,641PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$21,848CYRevenuesLessExpensesAmt
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Total Assets EOY$5,200,076TotalAssetsEOYAmt
Total Liabilities BOY$287,674TotalLiabilitiesBOYAmt
Total Liabilities EOY$343,494TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,296,043NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,856,582NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTo advance the science of Vertebrate Paleontology and to serve the common interests and facilitate the cooperation of all persons concerned with the history, evolution, comparative anatomy, and taxonomy of vertebrate animals, as well as field occurrence, collection, and study of fossil vertebrates and the stratigraphy of the beds in which they are found. The Society is also concerned with the conservation and preservation of fossil sites.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$555,590ExpenseAmt
Revenue$432,122RevenueAmt
DescAnnual Meeting: The annual scientific conference provides a forum for scientists and hobbyists interested in the science of paleontology to network, share information, and collaborate on projects.Desc

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FieldValueIRS element (for citing)
Expense$118,963ExpenseAmt
Revenue$149,910RevenueAmt
DescJournal: The Journal of Vertebrate Paleontology is the flagship publication of the Society of Vertebrate Paleontology.Desc

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DescMembership: The Society's most vital resource is the active participation by members approximately 2,350 professionals, amateurs and students sharing the specialty world-wide are active members. The SVP membership directory contains contact information for the entire SVP member community and is available to search for members. The Journal of Vertebrate Paleontology, (JVP), the most widely read journal in the profession is also available to members.Desc
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P David Polly
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Matthew Carrano
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Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

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Current Tax Year Minus1 Year$78,028CurrentTaxYearMinus1YearAmt
Current Tax Year$41,762CurrentTaxYearAmt
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Current Tax Year Minus1 Year$927,942CurrentTaxYearMinus1YearAmt
Current Tax Year$740,072CurrentTaxYearAmt
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Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,045,379CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,060,999CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,038,559CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,148,243CurrentTaxYearMinus1YearAmt
Current Tax Year$916,188CurrentTaxYearAmt
Total$5,209,368TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.87910PublicSupportCY509Pct
Public Support PY5090.88860PublicSupportPY509Pct
Investment Income CY0.11130InvestmentIncomeCYPct
Investment Income PY0.10200InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part III, Line 12, Explanation of Other Income:FormAndLineReferenceDesc
ExplanationMiscellaneous revenueExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$253,151BeginningYearBalanceAmt
Contributions$1,555ContributionsAmt
Investment Earnings Or Losses$46,929InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,902GrantsOrScholarshipsAmt
End Year Balance$292,733EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$274,439BeginningYearBalanceAmt
Contributions$2,915ContributionsAmt
Investment Earnings Or Losses-$16,883InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,320GrantsOrScholarshipsAmt
End Year Balance$253,151EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$217,342BeginningYearBalanceAmt
Contributions$36,470ContributionsAmt
Investment Earnings Or Losses$29,896InvestmentEarningsOrLossesAmt
Grants Or Scholarships$9,269GrantsOrScholarshipsAmt
End Year Balance$274,439EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$204,506BeginningYearBalanceAmt
Contributions$4,360ContributionsAmt
Investment Earnings Or Losses$14,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,524GrantsOrScholarshipsAmt
End Year Balance$217,342EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$208,020BeginningYearBalanceAmt
Contributions$7,140ContributionsAmt
Investment Earnings Or Losses-$3,124InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,530GrantsOrScholarshipsAmt
End Year Balance$204,506EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.49720PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.50280TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,020OtherCostOrOtherBasisAmt
Depreciation$7,020DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart V, Line 4:FormAndLineReferenceDesc
ExplanationThe five endowment funds are set up to generate income that can then be used for grants and awards in the paleontology field.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
East Asia and the Pacific00Program ServicesSVP 2019 Annual Meeting Brisbane, Queensland Australia$413,263
East Asia and the Pacific00Grants to Recipients Located in Region$3,100
Europe (Including Iceland & Greenland)00Grants to Recipients Located in Region$5,400
North America00Grants to Recipients Located in Region$4,800
South America00Grants to Recipients Located in Region$3,000
Sub-Saharan Africa00Grants to Recipients Located in Region$2,922
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$432,485SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$432,485TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (6 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
Jackson School of Geosciences Student Travel GrantsEast Asia and the Pacific1$600Check or Wire$0N/AN/A
Patterson Memorial Grant- Student FieldworkEast Asia and the Pacific1$2,500Check or Wire$0N/AN/A
Jackson School of Geosciences Student Travel GrantsEurope (Including Iceland & Greenland)9$5,400Check or Wire$0N/AN/A
Jackson School of Geosciences Student Travel GrantsNorth America8$4,800Check or Wire$0N/AN/A
Hix Preparators' GrantSouth America2$3,000Check or Wire$0N/AN/A
Jon C. Graff International Paleontology Award (formerly the SEDN Award)Sub-Saharan Africa1$2,922Check or Wire$0N/AN/A
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 2:The Executive and Financial Oversight Committees of SVP monitor, via quarterly reports, the funds utilized for grant awards annually, an application and review process is conducted to define the grantees which is led by individual award panels to monitor the awardees and their use of the awarded funds.
Part III Accounting Method:
Part III, Grants and Other Assistance to Individuals Outside the U.S.:Jackson School of Geosciences Student Travel Grants: This program was developed to encourage student participation in the Society of Vertebrate Paleontology annual meeting. Applicants must be a student member in SVP and Undergraduate/Bachelor students, Graduate/Master students, or Doctoral students that are enrolled at a recognized academic institution. Patterson Memorial Grant: The purpose of this award, named in honor of Dr. Bryan Patterson, is to support student field work in Vertebrate Paleontology. Particular consideration is given to proposals for field work that are innovative rather than routine, venturesome rather than predictable, unusual rather than run-of-the-mill. Hix Preparators' Grant: The Marvin and Beth Hix Preparators' Grant award is intended to further the field of Vertebrate Paleontology through the advancement of preparation.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (11 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
Albert E. Wood Award1$1,500$0N/AN/A
Steven Cohen Award for Student Research1$3,000$0N/AN/A
Colbert Prize2$1,300$0N/AN/A
Jackson School of Geosciences Student Travel Grants32$19,200$0N/AN/A
Jon C. Graff International Paleontology Award1$720$0N/AN/A
Lanzendorf-National Geographic PaleoArt Prize3$1,125$0N/AN/A
Mary R. Dawson Grant1$3,000$0N/AN/A
Richard Estes Memorial Grant1$1,800$0N/AN/A
Romer Prize1$1,500$0N/AN/A
Taylor & Francis Award2$1,000$0N/AN/A
Student Travel Award1$200$0N/AN/A

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 2:The Executive and Financial Oversight Committees of SVP monitor, via quarterly reports, the funds utilized for grant awards annually, an application and review process is conducted to define the grantees which is led by individual award panels to monitor the awardees and their use of the awarded funds.
Part III, Grants and Other Assistance to Domestic Individuals:All awards are presented at the SVP annual meeting. Dr. Albert E. Wood Award: The purpose of this award, named in honor of Dr. Albert E. Wood, is to support student research that involves museum or university vertebrate fossil or natural history collections. Proposals must be for collection-based work on some aspect of vertebrate evolution, with special attention given to those that greatly enhance the value of fossil material already residing in collections. Cohen Award: The Steven Cohen Award for Student Research is to foster excellent student research in the study of vertebrate paleontology by making funds available to an exemplary student or students. The funds awarded may be used by students in support of field research, museum research, laboratory research or other academic research activities. Particular consideration is given to proposals for research that is innovative, unpredictable, and unusual; research that has direct application to understanding and interpreting the vertebrate fossil record. Colbert Prize: Selected and presented onsite at the Society of Vertebrate Paleontology's Annual Meeting, the Edwin H. and Margaret M. Colbert Prize recognizes an outstanding student poster presentation. The prize was named in honor of the Colberts' contributions to Vertebrate Paleontology. Dawson Grant: The Mary R. Dawson Predoctoral Fellowship Grant recognizes and supports graduate student research excellence. This award recognizes research excellence and promote a successful career in Vertebrate Paleontology by supporting the recipient's dissertation research travel, data collection and analyses. Hix Preparators' Grant: The Marvin and Beth Hix Preparators' Grant award is intended to further the field of Vertebrate Paleontology through the advancement of preparation. Jackson School of Geosciences Student Travel Grants: This program was developed to encourage student participation in the Society of Vertebrate Paleontology annual meeting. Applicants must be a student member in SVP and Undergraduate/Bachelor students, Graduate/Master students, or Doctoral students that are enrolled at a recognized academic institution. Lanzendorf-National Geographic PaleoArt Prize: The Lanzendorf-National Geographic PaleoArt Prize was created by John J. Lanzendorf to recognize outstanding achievement in paleontological scientific illustration and naturalistic art. These are the only art awards presented by the scientific community that specifically recognize accomplishments in paleontological visualization. PaleoArt is broadly defined as the scientific or naturalistic rendering of paleontological subject matter pertaining to vertebrate fossils. PaleoArt is one of the most important vehicles for communicating discoveries and data among Paleontologists, and is critical to promulgating Vertebrate Paleontology across disciplines and to lay audiences. Patterson Memorial Grant: The purpose of this award, named in honor of Dr. Bryan Patterson, is to support student field work in Vertebrate Paleontology. Particular consideration is given to proposals for field work that are innovative rather than routine, venturesome rather than predictable, unusual rather than run-of-the-mill. Romer Prize: The Alfred Sherwood Romer Prize recognizes an outstanding scientific contribution in Vertebrate Paleontology by a predoctoral student. Selection is based on the scientific value and quality of a submitted abstract summarizing an original research project. The prize is awarded based on the scientific value and quality of the oral presentation of that research during the Romer Prize session a the SVP Annual Meeting. Richard Estes Memorial Grant: The Richard Estes Memorial Grant was established to enhance graduate student research by providing an award at the annual meeting of the SVP. The award is directed toward research in nonmammalian Vertebrate Paleontology, with emphasis on systematics, morphology, biogeography and paleoecology. The review panel especially welcomes projects involving one-off field-based activities. Taylor & Francis Award: An annual award funded by Taylor & Francis, publisher of the Journal of Vertebrate Paleontology. The selection is handled by the Taylor & Francis Best Student Paper review panel. It is awarded to the best student first-authored paper published in JVP.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part I, Line 1, Description of Organization Mission:The mission of the Society is to: 1.) advance the science of vertebrate paleontology throughout the world; 2.) serve the common interests and facilitate the cooperation of all persons concerned with the history, evolution, ecology, comparative anatomy and taxonomy of vertebrate animals, as well as the field occurrence, collection and study of fossil vertebrates and the stratigraphy of the beds in which they are found; 3.) support and encourage the discovery, conservation, and protection of vertebrate fossils and fossil sites; 4.) foster the scientific, educational, and personal appreciation and understanding of vertebrate fossils and fossil sites by avocational, student and professional paleontologists and the general public.
Form 990, Part VI, Section A, line 3During 2019 the Society had a contract wuth the Federation of American Societies for Experimental Biology (FASEB) to provide management services for the Society's operations.
Form 990, Part VI, Section A, line 6The members of this Society shall be individuals who are concerned with vertebrate paleontology and who meet additional requirements as established in the Bylaws. Membership categories: Regular member: Any individual interested in vertebrate paleontology, including professional and avocational paleontologists. Regular members are eligible to vote. Second member, same household: Any individual who qualifies for regular membership and is sharing a residential address with a regular Society member. Second Members, Same Household are eligible to vote and do not receive Society publications. Student member: Any individual currently enrolled in a secondary school or college/university undergraduate or graduate program. Student members are eligible to vote. Associate member: Open to individuals seeking limited involvement in the Society. Associate members are not eligible to vote and only receive electronic access to Society publications. Honorary member: An appointed member of the Society in recognition of contributions to the field of vertebrate paleontology. Honorary members shall not be required to pay dues. Honorary members are eligible to vote. Additional categories of membership may be created by the Board of Directors.
Form 990, Part VI, Section A, line 7aThe Board of Directors is elected by the voting membership.
Form 990, Part VI, Section A, line 7bThe Bylaws may be amended by approval from a majority vote (51%) of members. The Articles of Incorporation may be amended by approval from a three-fourths (3/4) majority vote of the members of the Society responding in the vote.
Form 990, Part VI, Section B, line 11bThe Form 990 is provided to the Treasurer and Executive Committee for review and approval before filing.
Form 990, Part VI, Section B, line 12cAll actual or potential conflicts of interest shall be fully disclosed to the organization and/or committee as such relationships or situations arise. Potential conflicts should be discussed and resolved by that body. The Executive Committee annually reads and signs the conflict of interest policy, and discloses the nature of an existing conflict.
Form 990, Part VI, Section C, line 19The governing documents, policies, and financial statements are made available upon request. The Constitution and Bylaws are available on the organization's website.

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