TY 2020 Form 990EZ

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
CFA SOCIETY OF AUSTIN

Number and street (or P. O. box, if mail is not delivered to street address)3267 BEE CAVE ROAD STE 107-273
Room/suite

City or town, state or province, country, and ZIP or foreign postal code AUSTIN, TX78746

D Employer identification number

72-1621543

E Telephone number

(512) 784-8215

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? THE CFA SOCIETY OF AUSTIN PROMOTES ETHICAL AND PROFESSIONAL STANDARDS WITHIN THE INVESTMENTS INDUSTRY, ENCOURAGES PROFESSIONAL DEVELOPMENT THROUGH THE CFA PROGRAM, AND FACILITATES THE OPEN EXCHANGE OF INFORMATION AND OPINIONS.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 PLANNED AND SPONSORED TEN EDUCATIONAL PROGRAMS OF INTEREST TO FINANCIAL INVESTMENT MANAGEMENT PROFESSIONALS TO BROADEN THEIR KNOWLEDGE AND TO INTERACT WITH SPEAKERS AND MEMBERS REGARDING SUCH ISSUES. TOPICS INCLUDED GLOBAL MARKETS OUTLOOK FOR CAPITAL MARKETS,PORTFOLIO MANAGMENT AND ALLOCATION OF INVESTMENT ASSETS, DIGITAL PRESENCE AND THE FUTURE OF NETWORKING, THE NEW NORMAL OF THE CONSUMER SECTOR, CAPITAL MARKET DISRUPTIONS, DIVERSITY, EQUITY AND INCLUSION ISSUES, HEDGE FUND INVESTING, AND OIL AND GAS INDUSTRY ISSUES. THE ORGANIZATION ALSO HELD THREE OTHER GATHERINGS FOR PURPOSES SUCH AS THE ANNUAL GENERAL MEETING,THE RE-OPENING OF IN-PERSON MEETINGS, AS WELL AS A SOCIAL EVENT. THE AVERAGE ATTENDANCE AT SUCH MEETINGS AVERAGED APPROXIMATELY 100 PERSONS. (Grants $ 9,473) If this amount includes foreign grants, check here ...			28a
29 HELD THE VIRTUAL ANNUAL GENERAL MEETING TO PROMOTE THE SOCIETY, ALLOW FOR INTERACTION BETWEEN MEMBERS, AND RECOGNIZE ACHIEVEMENTS. (Grants $ 3,500) If this amount includes foreign grants, check here ...			29a
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	12,973

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
RYANN MAROTTA Director	1.00	0
JOHN DASHTARA President	1.00	0
GABE THORNHILL Director	1.00	0
KEVIN LINCOLN Vice President	1.00	0
PANAYIOTIS LAMBROPOULOS Director	0.25	0
ALEJANDRO NAVARRO Director	0.25	0
COURTNEY DUNN SECRETARY	0.25	0
ANCA ION Treasurer	1.00	0
CHERRY PHAN Director	0.25	0
TOM VILLALTA Director	0.25	0
MICHAEL SARACCO Director	0.25	0
GRIFFIN WATKINS Director	0.25	0

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Expenses.1001	Advertising and Promotion $5200
Other Expenses.1003	Information Technology $1964
Other Expenses.1007	Conferences, Conventions, and Meetings $14235
Other Expenses.1	QUICKBOOKS FEES $1125
Other Expenses.4	CREDIT CARD FEES $2
Other Assets.1011	Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $5079

Return Reference

Explanation

Other Expenses.1001

Advertising and Promotion $5200

Other Expenses.1003

Information Technology $1964

Other Expenses.1007

Conferences, Conventions, and Meetings $14235

Other Expenses.1

QUICKBOOKS FEES $1125

Other Expenses.4

CREDIT CARD FEES $2

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $5079

1	Contributions, gifts, grants, and similar amounts received ....................	1	54,580
2	Program service revenue including government fees and contracts ................	2	1,650
3	Membership dues and assessments .............................	3	78,969
4	Investment income ....................................	4	5,443
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	140,642

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	91,029
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	308,547
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	399,576

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	20011551
Software Version:	2020v4.0

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12
13	Professional fees and other payments to independent contractors ............	13	25,935
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15	1,152
16	Other expenses (describe in Schedule O) ...................	16	22,526
17	Total expenses. Add lines 10 through 16 .................	17	49,613

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(b) Affiliated group totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................
b	Total lobbying expenditures to influence a legislative body (direct lobbying) ........................
c	Total lobbying expenditures (add lines 1a and 1b) ............................................................
d	Other exempt purpose expenditures ...............................................................................
e	Total exempt purpose expenditures (add lines 1c and 1d) ..................................................
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................................................
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ...................................................................................................................	Yes No

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2017	(b) 2018	(c) 2019	(d) 2020	(e) Total

2a	Lobbying nontaxable amount

b	Lobbying ceiling amount (150% of line 2a, column(e))

c	Total lobbying expenditures

d	Grassroots nontaxable amount

e	Grassroots ceiling amount (150% of line 2d, column (e))

f	Grassroots lobbying expenditures