Financial

Stability for the Long Term

As a not-for-profit organization, PRSA’s financial goal is to maintain the fiscal viability necessary to serve our members' needs, while returning 1 percent of annual expenses to our net asset balance each year. The net asset balance (“reserve”) — as recommended by the American Society of Association Executives (ASAE) — helps ensure long-term financial stability.

Our income is earned through membership dues, professional development events, conferences, sponsorships and other sources. PRSA’s fiscal year tracks the 12-month calendar year; at year end, our annual financial statements are audited by an independent public accounting firm, in keeping with PRSA’s Bylaws, Policies and Procedures and best practices. The audited financial statements are then reviewed by PRSA's Audit Committee, Finance Committee and Board of Directors, before being made available to members via MyPRSA.

PRSA also prepares unaudited financial reports on a quarterly basis, which are likewise reviewed by our Finance and Audit committees and Board. These unaudited financial statements are made available to members, as well.

In addition, PRSA’s chief financial officer and treasurer deliver a full report on PRSA's financial condition each year to PRSA's National Assembly.

For more information on PRSA's financial condition, please select from the resources below. (Note: This information is available only to PRSA members who are logged in to MyPRSA.)

PRSA

• PRSA Third Quarter 2012 Financials (Unaudited)
  • Balance Sheets - As of September 30, 2012 and December 31, 2011
  • Statement of Cash Flows - Nine Months Ended September 30, 2012 and Twelve Months Ended December 31, 2011
  • Consolidated Income Statement by Revenues and Expenses Line Item - Nine Months Ended September 30, 2012 and 2011
• PRSA Interim Financial Statements as of August 31, 2012 (Unaudited)
  • Balance Sheets as of August 31, 2012 and December 31, 2011
  • Statement of Cash Flows for the Eight Month Period Ended August 31, 2012 and the Twelve Month Period Ended December 31, 2011
  • Consolidated Income Statement by Revenues and Expenses Line Item for the Eight Months Ended August 31, 2012 and 2011
• PRSA Second Quarter 2012 Financials (Unaudited)
  • Balance Sheets - As of June 30, 2012 and December 31, 2011
  • Statement of Cash Flows - Six Months Ended June 30, 2012 and Twelve Months Ended December 31, 2011
  • Consolidated Income Statement by Revenues and Expenses Line Item - Six Months Ended June 30, 2012 and 2011
• PRSA First Quarter 2012 Financials (Unaudited)
  • Balance Sheets - As of March 31, 2012 and December 31, 2011
  • Statement of Cash Flows - Three Months Ended March 31, 2012 and Twelve Months Ended December 31, 2011
  • Consolidated Income Statement by Revenues and Expenses Line Item - Three Months Ended March 31, 2012 and 2011
• PRSA 2011 Financials (Audited)  
  • Financial Statements for year ended December 31, 2011
• PRSA Third Quarter 2011 Financials (Unaudited)
  • Balance Sheets - As of September 30, 2011 and December 31, 2010
  • Statement of Cash Flows - Nine Months Ended September 30, 2011 and Twelve Months Ended December 31, 2010
  • Consolidated Income Statement by Revenues and Expenses Line Item - Nine Months Ended September 30, 2011 and 2010
• PRSA Financials as of August 31, 2011 (Unaudited)
  • Balance Sheets - As of August 31, 2011 and December 31, 2010
  • Statement of Cash Flows - Eight Months Ended August 31, 2011 and Twelve Months Ended December 31, 2010
  • Consolidated Income Statement by Revenues and Expenses Line Item - Eight Months Ended August 31, 2011 and 2010
• PRSA Second Quarter 2011 Financials (Unaudited)
  • Balance Sheets - As of June 30, 2011 and December 31, 2010
  • Statement of Cash Flows - Six Months Ended June 30, 2011 and Twelve Months Ended December 31, 2010
  • Consolidated Income Statement by Revenues and Expenses Line Item - Six Months Ended June 30, 2011 and 2010
• PRSA First Quarter 2011 Financials (Unaudited)
  • Balance Sheets - As of March 31, 2011 and December 31, 2010
  • Statement of Cash Flows - Three Months Ended March 31, 2011 and Twelve Months Ended December 31, 2010
  • Consolidated Income Statement by Revenues and Expenses Line Item - Three Months Ended March 31, 2011 and 2010
• PRSA 2010 Financials (Audited)  
  • Financial Statements for year ended December 31, 2010
• PRSA Third Quarter 2010 Financials (Unaudited)
  • Balance Sheets - as of September 30, 2010 and December 31, 2009
  • Statement of Cash Flows - Nine Months Ended September 30, 2010 and Twelve Months Ended December 31, 2009
  • Consolidated Income Statement by Revenues and Expenses Line Item - Nine Months Ended September 30, 2010 and 2009
• PRSA Second Quarter 2010 Financials (Unaudited)
  • Balance Sheets - As of June 30, 2010 and December 31, 2009
  • Statement of Cash Flows - Six Months Ended June 30, 2010 and Twelve Months Ended December 31, 2009
  • Consolidated Income Statement by Revenues and Expenses Line Item - Six Months Ended June 30, 2010 and 2009
• PRSA 2009 Financials (Audited)  
  • Commentary on PRSA 2009 Finances
  • Financial Statements for year ended December 31, 2009
• PRSA 2008 Financials (Audited)
  • Financial Statements for year ended December 31, 2008
• PRSA 2008 National Assembly
  • Financial Overview Presentation

PRSA Foundation

• PRSA Foundation Third Quarter 2012 Financials (Unaudited)
  • Balance Sheets - As of September 30, 2012 and December 31, 2011
  • Statement of Cash Flows - Nine Months Ended September 30, 2012 and Twelve Months Ended December 31, 2011
  • Statement Of Activities And Changes In Net Assets for the period ended September 30, 2012 and December 31, 2011
• PRSA Foundation Second Quarter 2012 Financials (Unaudited)
  • Balance Sheets - As of June 30, 2012 and December 31, 2011
  • Statement of Cash Flows - Six Months Ended June 30, 2012 and Twelve Months Ended December 31, 2011
  • Statement Of Activities And Changes In Net Assets for the period ended June 30, 2012 and December 31, 2011
• PRSA Foundation First Quarter 2012 Financials (Unaudited)
  • Balance Sheets - As of March 31, 2012 and December 31, 2011
  • Statement of Cash Flows - Three Months Ended March 31, 2012 and Twelve Months Ended December 31, 2011
  • Statement Of Activities And Changes In Net Assets for the period ended March 31, 2012 and December 31, 2011
• PRSA Foundation 2011 Financials (Audited)
  • Financial Statements for year ended December 31, 2011
• PRSA Foundation Third Quarter 2011 Financials (Unaudited)
  • Balance Sheets - As of September 30, 2011 and December 31, 2010
  • Statement of Cash Flows - Nine Months Ended September 30, 2011 and Twelve Months Ended December 31, 2010
  • Statement Of Activities And Changes In Net Assets for the period ended September 30, 2011 and December 31, 2010
• PRSA Foundation Second Quarter 2011 Financials (Unaudited)
  • Balance Sheets - As of June 30, 2011 and December 31, 2010
  • Statement of Cash Flows - Six Months Ended June 30, 2011 and Twelve Months Ended December 31, 2010
  • Statement Of Activities And Changes In Net Assets for the period ended June 30, 2011 and December 31, 2010
• PRSA Foundation First Quarter 2011 Financials (Unaudited)
  • Balance Sheets - As of March 31, 2011 and December 31, 2010
  • Statement of Cash Flows - Three Months Ended March 31, 2011 and Twelve Months Ended December 31, 2010
  • Statement Of Activities And Changes In Net Assets for the period ended March 31, 2011 and December 31, 2010
• PRSA Foundation 2010 Financials (Audited)
  • Financial Statements for year ended December 31, 2010
• PRSA Foundation Third Quarter 2010 Financials (Unaudited)
  • Balance Sheets - As of September 30, 2010 and December 31, 2009
  • Statement of Cash Flows - Nine Months Ended September 30, 2010 and Twelve Months Ended December 31, 2009
  • Statement Of Activities And Changes In Net Assets for the period ended September 30, 2010 and December 31, 2009
• PRSA Foundation Second Quarter 2010 Financials (Unaudited)
  • Balance Sheets - As of June 30, 2010 and December 31, 2009
  • Statement of Cash Flows - Six Months Ended June 30, 2010 and Twelve Months Ended December 31, 2009
  • Statement Of Activities And Changes In Net Assets for the period ended June 30, 2010 and December 31, 2009
• PRSA Foundation 2009 Financials (Audited)
  • Financial Statements for year ended December 31, 2009
• PRSA Foundation 2008 Financials (Audited)
  • Financial Statements for year ended December 31, 2008

Members may also request a copy of PRSA’s annual tax return. Requests should be submitted in writing to PRSA’s chief financial officer or treasurer.