Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $771,920

• 1e · Government grants (contributions)

  $5,280,813

• 1f · All other contributions, gifts and grants

  $21,617,211

• 1g · Noncash contributions included above

  $20,351

• 2a · Program service revenue: Medical research fees

  total $4,009,905 · related or exempt $4,009,905

• 2b · Program service revenue: Event and exhibit fees

  total $393,482 · related or exempt $393,482

• 2c · Program service revenue: Management/Program fees

  total $28,145 · related or exempt $28,145

• 2d · Program service revenue: Publication revenue

  total $10,706 · related or exempt $10,706

• 3 · Investment income

  total $3,988,978 · excluded $3,988,978

• 6a · Gross rents

  real property $477,057

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $477,057

• 6d · Net rental income or loss

  total $477,057 · excluded $477,057

• 7a · Gross sales of assets other than inventory

  securities $118,099,328

• 7b · Less cost or other basis and sales expenses

  securities $104,169,789

• 7c · Gain or loss

  securities $13,929,539

• 7d · Net gain or loss

  total $13,929,539 · excluded $13,929,539

• 8a · Fundraising events: gross income

  $80,000

• 8a · Fundraising events: contributions included on line 1c

  $771,920

• 8b · Fundraising events: direct expenses

  $428,461

• 8c · Net income from fundraising events

  total -$348,461 · excluded -$348,461

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $6,973,886 · program services $6,973,886

• 5 · Compensation of officers, directors and key employees

  total $2,649,168 · program services $1,671,698 · management and general $905,076 · fundraising $72,394

• 7 · Other salaries and wages

  total $13,587,238 · program services $8,584,627 · management and general $4,604,651 · fundraising $397,960

• 8 · Pension plan contributions

  total $471,594 · program services $205,184 · management and general $259,044 · fundraising $7,366

• 9 · Other employee benefits

  total $1,552,849 · program services $1,186,089 · management and general $322,390 · fundraising $44,370

• 10 · Payroll taxes

  total $1,066,928 · program services $712,139 · management and general $322,399 · fundraising $32,390

• 11b · Fees: legal

  total $304,171 · program services $65,599 · management and general $238,572

• 11c · Fees: accounting

  total $113,154 · management and general $113,154

• 11f · Fees: investment management

  total $543,252 · management and general $543,252

• 11g · Fees: other

  total $2,685,690 · program services $1,633,128 · management and general $974,456 · fundraising $78,106

• 12 · Advertising and promotion

  total $754,265 · program services $3,040 · management and general $751,225

• 13 · Office expenses

  total $368,292 · program services $273,478 · management and general $83,647 · fundraising $11,167

• 14 · Information technology

  total $198,046 · program services $79,400 · management and general $112,452 · fundraising $6,194

• 16 · Occupancy

  total $4,340,937 · program services $3,098,364 · management and general $1,129,392 · fundraising $113,181

• 17 · Travel

  total $283,049 · program services $245,336 · management and general $37,212 · fundraising $501

• 19 · Conferences, conventions and meetings

  total $59,387 · program services $31,275 · management and general $28,112

• 20 · Interest

  total $864 · program services $864

• 22 · Depreciation, depletion and amortization

  total $1,690,210 · program services $1,348,739 · management and general $312,163 · fundraising $29,308

• 23 · Insurance

  total $537,621 · management and general $533,708 · fundraising $3,913

• 24a · Other expenses: Materials and supplies

  total $2,420,830 · program services $2,291,899 · management and general $36,456 · fundraising $92,475

• 24b · Other expenses: Dues and licenses

  total $936,395 · program services $240,828 · management and general $625,173 · fundraising $70,394

• 24c · Other expenses: Publication production

  total $44,451 · program services $14,912 · management and general $29,539

• 24d · Other expenses: Health tests

  total $18,751 · program services $15,336 · management and general $2,795 · fundraising $620

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,257,820 · end of year $4,370,944

• 2 · Savings and temporary cash investments

  beginning of year $107,598 · end of year $198,547

• 3 · Pledges and grants receivable

  beginning of year $912,351 · end of year $1,329,095

• 4 · Accounts receivable

  beginning of year $976,470 · end of year $1,566,167

• 9 · Prepaid expenses and deferred charges

  beginning of year $503,997 · end of year $782,644

• 10a · Land, buildings and equipment: cost or other basis

  $68,366,259

• 10b · Land, buildings and equipment: accumulated depreciation

  $48,083,617

• 10c · Land, buildings and equipment, net

  beginning of year $20,359,295 · end of year $20,282,642

• 11 · Investments: publicly traded securities

  beginning of year $136,009,545 · end of year $154,313,655

• 15 · Other assets

  beginning of year $79,149,353 · end of year $85,320,433

• 17 · Accounts payable and accrued expenses

  beginning of year $2,294,651 · end of year $1,822,807

• 19 · Deferred revenue

  beginning of year $2,494,049 · end of year $3,286,575

• 25 · Other liabilities

  beginning of year $2,942,784 · end of year $9,706,633

• 27 · Net assets without donor restrictions

  beginning of year $112,547,106 · end of year $121,031,573

• 28 · Net assets with donor restrictions

  beginning of year $118,997,839 · end of year $132,316,539

The filer's explanations (Part III)

Part I, Line 7

Certain executives and management team members are eligible for discretionary incentive bonuses determined through a review of specific performance metrics by the Board of Trustees.