Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $1,177,074

• 1c · Fundraising events

  $541,502

• 1f · All other contributions, gifts and grants

  $13,329,049

• 1g · Noncash contributions included above

  $76,466

• 2a · Program service revenue: ADMISSIONS

  total $2,196,185 · related or exempt $2,196,185

• 2b · Program service revenue: FESTIVAL EVENTS

  total $1,279,353 · related or exempt $1,279,353

• 2c · Program service revenue: ARTIST WORKSHOPS

  total $98,980 · related or exempt $98,980

• 2d · Program service revenue: EDUCATIONAL PROGRAM

  total $19,605 · related or exempt $19,605

• 3 · Investment income

  total $1,125,609 · excluded $1,125,609

• 5 · Royalties

  total $1,801 · excluded $1,801

• 6a · Gross rents

  real property $1,955,032

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $1,955,032

• 6d · Net rental income or loss

  total $1,955,032 · unrelated business $1,955,032

• 7a · Gross sales of assets other than inventory

  securities $3,978,864

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

  securities $4,334,189

• 7c · Gain or loss

  securities -$355,325

• 7d · Net gain or loss

  total -$355,325 · excluded -$355,325

• 8a · Fundraising events: gross income

  $51,750

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

  $541,502

• 8b · Fundraising events: direct expenses

  $206,419

• 8c · Net income from fundraising events

  total -$154,669 · excluded -$154,669

• 10a · Gross sales of inventory

  $939,132

• 10b · Cost of goods sold

  $488,036

• 10c · Net income from sales of inventory

  total $451,096 · related or exempt $451,096

• 11a · Other revenue: REIMBURSED EXPENSES

  total $115,811 · related or exempt $115,811

• 11b · Other revenue: SECURITY SERVICE FEES

  total $20,280 · related or exempt $20,280

• 11d · All other revenue

  total $6,376 · related or exempt $6,376

• 11e · Other revenue, total

  $142,467

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $320,000 · program services $320,000

• 2 · Grants to domestic individuals

  total $6,000 · program services $6,000

• 5 · Compensation of officers, directors and key employees

  total $680,201 · program services $138,377 · management and general $314,912 · fundraising $226,912

• 7 · Other salaries and wages

  total $7,153,945 · program services $5,468,157 · management and general $974,408 · fundraising $711,380

• 8 · Pension plan contributions

  total $84,505 · program services $54,481 · management and general $21,176 · fundraising $8,848

• 9 · Other employee benefits

  total $713,605 · program services $476,638 · management and general $164,472 · fundraising $72,495

• 10 · Payroll taxes

  total $637,119 · program services $482,823 · management and general $84,623 · fundraising $69,673

• 11b · Fees: legal

  total $43,087 · management and general $43,087

• 11c · Fees: accounting

  total $55,545 · management and general $55,545

• 11f · Fees: investment management

  total $15,303 · management and general $15,303

• 11g · Fees: other

  total $4,557,074 · program services $4,358,073 · management and general $121,627 · fundraising $77,374

• 12 · Advertising and promotion

  total $166,588 · program services $157,889 · management and general $8,699

• 13 · Office expenses

  total $554,198 · program services $436,735 · management and general $40,180 · fundraising $77,283

• 14 · Information technology

  total $281,004 · program services $129,220 · management and general $130,505 · fundraising $21,279

• 16 · Occupancy

  total $1,566,912 · program services $1,532,874 · management and general $11,274 · fundraising $22,764

• 17 · Travel

  total $157,475 · program services $129,541 · management and general $19,477 · fundraising $8,457

• 19 · Conferences, conventions and meetings

  total $82,302 · program services $13,807 · management and general $66,335 · fundraising $2,160

• 20 · Interest

  total $26,517 · program services $1,151 · management and general $25,366

• 22 · Depreciation, depletion and amortization

  total $1,582,797 · program services $1,559,055 · management and general $15,828 · fundraising $7,914

• 23 · Insurance

  total $358,458 · program services $333,038 · management and general $25,420

• 24a · Other expenses: SUPPLIES AND MATERIALS

  total $668,940 · program services $596,181 · management and general $10,374 · fundraising $62,385

• 24b · Other expenses: FURNITURE AND EQUIPMENT

  total $328,602 · program services $312,180 · management and general $14,759 · fundraising $1,663

• 24c · Other expenses: CATERING, MEALS AND ENT

  total $215,763 · program services $155,025 · management and general $27,758 · fundraising $32,980

• 24d · Other expenses: LICENSE FEES AND MISC

  total $167,061 · program services $129,327 · management and general $6,881 · fundraising $30,853

• 24e · All other expenses

  total $4,849 · program services $792 · management and general $57 · fundraising $4,000

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $389,821 · end of year $206,123

• 2 · Savings and temporary cash investments

  beginning of year $6,506,803 · end of year $9,042,066

• 3 · Pledges and grants receivable

  beginning of year $4,579,389 · end of year $4,445,393

• 4 · Accounts receivable

  beginning of year $450,058 · end of year $284,695

• 8 · Inventories for sale or use

  beginning of year $432,080 · end of year $514,735

• 9 · Prepaid expenses and deferred charges

  beginning of year $33,213 · end of year $248,645

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

  $48,445,300

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

  $9,510,986

• 10c · Land, buildings and equipment, net

  beginning of year $39,599,382 · end of year $38,934,314

• 11 · Investments: publicly traded securities

  beginning of year $28,105,977 · end of year $29,816,639

• 17 · Accounts payable and accrued expenses

  beginning of year $2,734,635 · end of year $2,696,555

• 19 · Deferred revenue

  beginning of year $380,128 · end of year $430,386

• 23 · Secured mortgages and notes payable

  beginning of year $2,107,908 · end of year $1,974,474

• 27 · Net assets without donor restrictions

  beginning of year $29,049,032 · end of year $39,325,207

• 28 · Net assets with donor restrictions

  beginning of year $45,825,020 · end of year $39,065,988

The filer's explanations (Part III)

PART I, LINE 4A

THE FORMER FOUNDING DIRECTOR RECEIVED A SEVERANCE PAYMENT WHICH IS REFLECTED IN HIS 2022 W2.