Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: EDUCATION REVENUE

  total $18,432,291 · related or exempt $18,432,291

• 2b · Program service revenue: EVENT REVENUE

  total $1,185,600 · related or exempt $1,185,600

• 3 · Investment income

  total $1,244,785 · excluded $1,244,785

• 5 · Royalties

  total $12,350 · excluded $12,350

• 7a · Gross sales of assets other than inventory

  securities $35,168,191

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

  securities $35,172,756

• 7c · Gain or loss

  securities -$4,565

• 7d · Net gain or loss

  total -$4,565 · excluded -$4,565

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $8,110

• 3 · Grants to foreign organizations and individuals

  total $268,041

• 5 · Compensation of officers, directors and key employees

  total $2,228,355

• 7 · Other salaries and wages

  total $4,632,081

• 8 · Pension plan contributions

  total $145,706

• 9 · Other employee benefits

  total $585,916

• 10 · Payroll taxes

  total $458,457

• 11b · Fees: legal

  total $655,115

• 11c · Fees: accounting

  total $139,891

• 11f · Fees: investment management

  total $186,900

• 11g · Fees: other

  total $618,075

• 12 · Advertising and promotion

  total $1,283,315

• 13 · Office expenses

  total $65,811

• 14 · Information technology

  total $1,059,254

• 16 · Occupancy

  total $575,769

• 17 · Travel

  total $408,309

• 22 · Depreciation, depletion and amortization

  total $83,406

• 23 · Insurance

  total $91,121

• 24a · Other expenses: ADMIN AGENCY & CONTRACT

  total $1,937,021

• 24b · Other expenses: EVENT EXPENSES

  total $1,914,108

• 24c · Other expenses: MERCHANT FEES

  total $589,528

• 24d · Other expenses: EDUCATION AND TRAINING

  total $546,177

• 24e · All other expenses

  total $5,898

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,151,172 · end of year $5,863,390

• 2 · Savings and temporary cash investments

  beginning of year $10,437,017 · end of year $7,731,972

• 4 · Accounts receivable

  beginning of year $3,550 · end of year $9,840

• 9 · Prepaid expenses and deferred charges

  beginning of year $559,077 · end of year $603,374

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

  $1,421,600

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

  $1,211,961

• 10c · Land, buildings and equipment, net

  beginning of year $223,308 · end of year $209,639

• 11 · Investments: publicly traded securities

  beginning of year $31,927,465 · end of year $39,545,540

• 13 · Investments: program-related

  beginning of year $33,654 · end of year $31,384

• 14 · Intangible assets

  beginning of year $90,000 · end of year $90,000

• 15 · Other assets

  beginning of year $1,211,603 · end of year $949,321

• 17 · Accounts payable and accrued expenses

  beginning of year $896,575 · end of year $1,335,592

• 19 · Deferred revenue

  beginning of year $17,525,899 · end of year $16,531,814

• 25 · Other liabilities

  beginning of year $1,057,538 · end of year $760,352

• 27 · Net assets without donor restrictions

  beginning of year $30,156,834 · end of year $36,406,702

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION'S BOARD COMPENSATION & HUMAN RESOURCE COMMITTEE REVIEWS CEO AND EXECUTIVE COMPENSATION ANNUALLY. IN CONNECTION WITH THIS REVIEW, THIRD PARTY SALARY SURVEYS, INPUT FROM OUTSIDE CONSULTANTS AND OTHER PUBLIC INFORMATION FOR PEER GROUPS ARE EVALUATED. THE COMPENSATION OF THESE INDIVIDUALS IS APPROVED BY THE BOARD IN CONNECTION WITH ITS ANNUAL BUDGET APPROVAL PROCESS. CEO COMPENSATION, THE BOARD COMPENSATION AND HR COMMITTEE CONDUCTS AN ANNUAL COMPENSATION STUDY WITH AN EXTERNAL CONSULTANT. BASED ON THE FINDINGS OF THE STUDY THE COMPENSATION AND HR COMMITTEE RECOMMEND THE CEO COMPENSATION TO THE FULL BOARD FOR APPROVAL.

PART I, LINE 4A

RENEE MZYK -$196,929.