Society of Experimental Social Psychology Inc

EIN: 454111675 501(c)(3) Mental Health

State College, PA

Total Revenue
$210,831
Total Expenses
$123,701
Total Assets
$462,374
Net Assets
$462,374
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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
PA
Principal Officer
Steven Stroessner
Phone
7186377696
Tax Period
2023-01-01 to 2023-12-31

Society of Experimental Social Psychology Inc, founded in 2011, is a small nonprofit in the Mental Health sector that reported $211K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $87K, a strong 41% operating margin.

Mission

Scientific organization dedicated to the advancement of social psychology. Annual meeting held each fall to further this mission. SESP also publishes or supports two research journals which can be accessed online by all members. SESP is a member of the Federation of Associations in Behavioral and Brain Sciences, a "coalition of scientific societies that share an interest in advancing the sciences of mind, brain, and behavior." In fact, SESP was one of the 8 organizations that met in Chicago to found FABBS on December 7, 1980. As a member of FABBS, we participate in advocacy, education, publication, and communication efforts on behalf of scientific social psychology.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,584
Program Service Revenue $203,234
Investment Income $13
Other Revenue $0
TOTAL REVENUE $210,831

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $121,214
Other Expenses $123,701
TOTAL EXPENSES $123,701

Year-over-Year Comparison

2023 2022 Change
Revenue $210,831 $258,039 -0.2%
Expenses $123,701 $241,473 -0.5%
Net Income $87,130 $16,566 +4.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$15,000
Total Directors
10
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Stroessner Exec Officer 8.00
Officer Director
$15,000 $0 $15,000
Shira Gabriel Past President 2.00
Officer Director
$0 $0 $0
Lora Park President 2.00
Officer Director
$0 $0 $0
Abigail Scholer Vice President/Secretary 2.00
Officer Director
$0 $0 $0
Mina Cikara Exec Comm 2.00
Director
$0 $0 $0
Emily Balcetis Exec Comm 2.00
Director
$0 $0 $0
Gordon Moskiwitz Exec Comm 2.00
Director
$0 $0 $0
Michael Bernstein Exec Comm 2.00
Director
$0 $0 $0
Lara Aknin Exec Comm 2.00
Director
$0 $0 $0
Maureen Craig Exec Comm 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $210,831 $123,701 $462,374 $87,130
2022 $258,039 $241,473 $375,244 $16,566
2021 $168,080 $171,933 $358,678 $-3,853
2020 $60,313 $48,927 $349,875 $11,386
2019 $254,489 $186,031 $338,489 $68,458
2018 $194,723 $216,088 $270,031 $-21,365
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