Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $2,753,875

• 1f · All other contributions, gifts and grants

  $7,229,492

• 2a · Program service revenue: Program DOL Contract

  total $5,442,478 · related or exempt $5,442,478

• 2b · Program service revenue: Program Event Registrations

  total $83,500 · related or exempt $83,500

• 3 · Investment income

  total $694,997 · excluded $694,997

• 5 · Royalties

  total $6,271,825 · excluded $6,271,825

• 7a · Gross sales of assets other than inventory

  securities $5,395,463

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

  securities $5,151,544

• 7c · Gain or loss

  securities $243,919

• 7d · Net gain or loss

  total $243,919 · excluded $243,919

• 8a · Fundraising events: gross income

  $224,500

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

  $2,753,875

• 8b · Fundraising events: direct expenses

  $751,056

• 8c · Net income from fundraising events

  total -$526,556 · excluded -$526,556

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,043,314 · program services $4,043,314

• 2 · Grants to domestic individuals

  total $1,045,500 · program services $1,045,500

• 5 · Compensation of officers, directors and key employees

  total $1,590,416 · program services $1,050,774 · management and general $42,598 · fundraising $497,044

• 7 · Other salaries and wages

  total $1,935,614 · program services $1,265,293 · management and general $38,585 · fundraising $631,736

• 9 · Other employee benefits

  total $1,968,583 · program services $1,315,517 · management and general $67,296 · fundraising $585,770

• 10 · Payroll taxes

  total $348,728 · program services $229,061 · management and general $8,029 · fundraising $111,638

• 11a · Fees: management

  total $111,429 · management and general $111,429

• 11b · Fees: legal

  total $3,429 · management and general $3,429

• 11c · Fees: accounting

  total $43,300 · management and general $43,300

• 11f · Fees: investment management

  total $103,445 · management and general $103,445

• 11g · Fees: other

  total $3,676,434 · program services $3,537,447 · fundraising $138,987

• 12 · Advertising and promotion

  total $140,432 · program services $135,955 · management and general $530 · fundraising $3,947

• 13 · Office expenses

  total $472,442 · program services $319,120 · management and general $105,590 · fundraising $47,732

• 16 · Occupancy

  total $88,821 · management and general $88,087 · fundraising $734

• 17 · Travel

  total $334,737 · program services $243,582 · management and general $21,566 · fundraising $69,589

• 19 · Conferences, conventions and meetings

  total $2,186,974 · program services $1,883,442 · management and general $269,386 · fundraising $34,146

• 22 · Depreciation, depletion and amortization

  total $175,233 · program services $115,092 · management and general $10,205 · fundraising $49,936

• 24a · Other expenses: Shared Service

  total $1,452,000 · program services $1,368,531 · management and general $83,469

• 24b · Other expenses: Service/Maintenance

  total $24,846 · management and general $20,725 · fundraising $4,121

• 24c · Other expenses: Bad Debt

  total $5,000 · management and general $5,000

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,970,073 · end of year $6,089,927

• 2 · Savings and temporary cash investments

  beginning of year $57,833 · end of year $47,362

• 3 · Pledges and grants receivable

  beginning of year $8,444,780 · end of year $11,341,790

• 9 · Prepaid expenses and deferred charges

  beginning of year $334,878 · end of year $317,479

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

  $4,526,807

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

  $1,792,992

• 10c · Land, buildings and equipment, net

  beginning of year $2,437,882 · end of year $2,733,815

• 11 · Investments: publicly traded securities

  beginning of year $25,286,900 · end of year $21,359,935

• 15 · Other assets

  beginning of year $545,006 · end of year $513,676

• 17 · Accounts payable and accrued expenses

  beginning of year $3,217,014 · end of year $3,214,250

• 18 · Grants payable

  beginning of year $52,250 · end of year $94,000

• 19 · Deferred revenue

  beginning of year $104,500 · end of year $123,500

• 27 · Net assets without donor restrictions

  beginning of year $13,009,046 · end of year $11,307,924

• 28 · Net assets with donor restrictions

  beginning of year $27,694,542 · end of year $27,664,310

The filer's explanations (Part III)

Part I, Line 3

The Compensation Committee of the National Restaurant Association, a related organization, reviews and approves the compensation of the Chief Executive Officer, and direct reports. An outside consultant is used to provide comparable data for similarly qualified person in functionally situated organizations for consideration. Contemporaneous documentation of these decisions regarding the compensation are prepared and maintained.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• National Restaurant Association Services LLC

  C · Marketing Services · IL · controlled entity

  Directly controlled by NRA

• NRAS India Private Limited

  C · Marketing Services · IN · controlled entity

  Directly controlled by NRA