Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $375,980

• 1c · Fundraising events

  $1,167,382

• 1f · All other contributions, gifts and grants

  $3,392,811

• 1g · Noncash contributions included above

  $1,301,212

• 2a · Program service revenue: ADMISSIONS FEES

  total $2,242,168 · related or exempt $2,242,168

• 2b · Program service revenue: MISCELLANEOUS PROGRAM

  total $306,315 · related or exempt $306,315

• 3 · Investment income

  total $591,355 · excluded $591,355

• 7a · Gross sales of assets other than inventory

  securities $10,754,931

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

  securities $10,484,960

• 7c · Gain or loss

  securities $269,971

• 7d · Net gain or loss

  total $269,971 · excluded $269,971

• 8a · Fundraising events: gross income

  $106,350

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

  $1,167,382

• 8b · Fundraising events: direct expenses

  $106,350

• 8c · Net income from fundraising events

  total $0

• 10a · Gross sales of inventory

  $296,749

• 10b · Cost of goods sold

  $277,893

• 10c · Net income from sales of inventory

  total $18,856 · related or exempt $18,856

• 11a · Other revenue: PRIVATE EVENTS REVENUE

  total $72,550 · unrelated business $72,550

• 11e · Other revenue, total

  $72,550

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $938,508 · program services $656,955 · management and general $93,851 · fundraising $187,702

• 7 · Other salaries and wages

  total $3,786,715 · program services $2,840,201 · management and general $383,470 · fundraising $563,044

• 8 · Pension plan contributions

  total $107,666 · program services $80,749 · management and general $10,767 · fundraising $16,150

• 9 · Other employee benefits

  total $532,084 · program services $399,063 · management and general $53,208 · fundraising $79,813

• 10 · Payroll taxes

  total $393,546 · program services $279,418 · management and general $35,419 · fundraising $78,709

• 11b · Fees: legal

  total $164,140 · program services $118,181 · management and general $45,959

• 11c · Fees: accounting

  total $79,236 · program services $71,312 · management and general $7,924

• 11f · Fees: investment management

  total $108,658 · management and general $108,658

• 11g · Fees: other

  total $596,265 · program services $524,713 · management and general $41,739 · fundraising $29,813

• 12 · Advertising and promotion

  total $164,427 · program services $131,576 · management and general $18,905 · fundraising $13,946

• 13 · Office expenses

  total $167,862 · program services $138,486 · management and general $25,179 · fundraising $4,197

• 14 · Information technology

  total $177,704 · program services $133,278 · management and general $35,541 · fundraising $8,885

• 16 · Occupancy

  total $106,308 · program services $79,731 · management and general $21,262 · fundraising $5,315

• 17 · Travel

  total $41,532 · program services $24,919 · management and general $9,137 · fundraising $7,476

• 22 · Depreciation, depletion and amortization

  total $343,861 · program services $306,036 · management and general $37,825

• 23 · Insurance

  total $249,663 · program services $229,690 · management and general $17,476 · fundraising $2,497

• 24a · Other expenses: PAYMENTS FOR ARTWORK

  total $529,718 · program services $529,718

• 24b · Other expenses: DEVELOPMENT/MEMBERSHIP

  total $406,894 · program services $65,103 · management and general $24,414 · fundraising $317,377

• 24c · Other expenses: BUILDING AND GROUNDS

  total $378,447 · program services $359,525 · management and general $15,138 · fundraising $3,784

• 24d · Other expenses: EXHIBITION EXPENSES

  total $364,307 · program services $364,307

• 24e · All other expenses

  total $124,963 · program services $99,971 · management and general $18,743 · fundraising $6,249

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,427,434 · end of year $1,725,864

• 2 · Savings and temporary cash investments

  beginning of year $16,451,641 · end of year $15,823,669

• 3 · Pledges and grants receivable

  beginning of year $8,882,885 · end of year $3,870,526

• 4 · Accounts receivable

  beginning of year $225,268 · end of year $73,025

• 8 · Inventories for sale or use

  beginning of year $321,569 · end of year $323,532

• 9 · Prepaid expenses and deferred charges

  beginning of year $93,387 · end of year $222,136

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

  $46,904,902

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

  $21,101,230

• 10c · Land, buildings and equipment, net

  beginning of year $18,280,483 · end of year $25,803,672

• 11 · Investments: publicly traded securities

  beginning of year $11,645,966 · end of year $15,765,580

• 12 · Investments: other securities

  beginning of year $13,493,466 · end of year $14,669,405

• 17 · Accounts payable and accrued expenses

  beginning of year $858,958 · end of year $1,859,594

• 27 · Net assets without donor restrictions

  beginning of year $39,244,099 · end of year $42,633,336

• 28 · Net assets with donor restrictions

  beginning of year $33,719,042 · end of year $33,784,479

The filer's explanations (Part III)

PART I, LINE 4A

THE FORMER EXECUTIVE DIRECTOR RETIRED EFFECTIVE DECEMBER 31, 2022 AND WAS PAID SEVERANCE DURING 2023.