Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $483,716

• 1f · All other contributions, gifts and grants

  $31,531,497

• 2a · Program service revenue: CONTRACTS

  total $1,483,844 · related or exempt $1,483,844

• 3 · Investment income

  total $903,884 · excluded $903,884

• 7a · Gross sales of assets other than inventory

  securities $11,871,405

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

  securities $11,826,507

• 7c · Gain or loss

  securities $44,898

• 7d · Net gain or loss

  total $44,898 · excluded $44,898

• 8a · Fundraising events: gross income

  $0

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

  $483,716

• 8b · Fundraising events: direct expenses

  $298,504

• 8c · Net income from fundraising events

  total -$298,504 · excluded -$298,504

• 11a · Other revenue: OTHER REVENUE

  total $138,500 · excluded $138,500

• 11e · Other revenue, total

  $138,500

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,301,819 · program services $1,301,819

• 2 · Grants to domestic individuals

  total $27,500 · program services $27,500

• 3 · Grants to foreign organizations and individuals

  total $8,656,565 · program services $8,656,565

• 5 · Compensation of officers, directors and key employees

  total $1,699,548 · program services $1,221,223 · management and general $189,730 · fundraising $288,595

• 7 · Other salaries and wages

  total $10,957,130 · program services $9,206,376 · management and general $1,489,753 · fundraising $261,001

• 8 · Pension plan contributions

  total $969,925 · program services $812,330 · management and general $134,435 · fundraising $23,160

• 9 · Other employee benefits

  total $1,404,828 · program services $1,094,849 · management and general $257,889 · fundraising $52,090

• 10 · Payroll taxes

  total $812,882 · program services $734,554 · management and general $55,309 · fundraising $23,019

• 11b · Fees: legal

  total $63,532 · program services $41,962 · management and general $21,570

• 11c · Fees: accounting

  total $104,859 · management and general $104,859

• 11d · Fees: lobbying

  total $10,425 · program services $10,425

• 11f · Fees: investment management

  total $35,753 · management and general $35,753

• 11g · Fees: other

  total $9,284,700 · program services $8,524,381 · management and general $549,389 · fundraising $210,930

• 13 · Office expenses

  total $316,415 · program services $271,755 · management and general $39,475 · fundraising $5,185

• 14 · Information technology

  total $446,818 · program services $340,965 · management and general $82,359 · fundraising $23,494

• 16 · Occupancy

  total $986,060 · program services $815,268 · management and general $146,497 · fundraising $24,295

• 17 · Travel

  total $1,674,563 · program services $1,598,567 · management and general $66,526 · fundraising $9,470

• 19 · Conferences, conventions and meetings

  total $2,834,586 · program services $2,769,400 · management and general $60,747 · fundraising $4,439

• 20 · Interest

  total $1,358 · program services $1,166 · management and general $159 · fundraising $33

• 22 · Depreciation, depletion and amortization

  total $285,520 · program services $214,862 · management and general $50,795 · fundraising $19,863

• 23 · Insurance

  total $70,097 · program services $62,385 · management and general $6,427 · fundraising $1,285

• 24a · Other expenses: PUBLIC SVCS/MEDIA

  total $6,219,642 · program services $6,219,642

• 24b · Other expenses: RESEARCH

  total $284,934 · program services $284,934

• 24c · Other expenses: TRANSLATIONS

  total $119,377 · program services $119,377

• 24d · Other expenses: RECRUITING/TEMP HELP

  total $102,010 · program services $53,413 · management and general $18,045 · fundraising $30,552

• 24e · All other expenses

  total $66,287 · program services $43,923 · management and general $9,893 · fundraising $12,471

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $33,595,595 · end of year $27,698,253

• 3 · Pledges and grants receivable

  beginning of year $22,532,616 · end of year $6,047,891

• 4 · Accounts receivable

  beginning of year $37,101 · end of year $287,395

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,665,199 · end of year $2,371,713

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

  $5,121,815

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

  $2,131,028

• 10c · Land, buildings and equipment, net

  beginning of year $3,378,542 · end of year $2,990,787

• 11 · Investments: publicly traded securities

  beginning of year $14,018,855 · end of year $17,202,863

• 15 · Other assets

  beginning of year $13,125,657 · end of year $12,075,360

• 17 · Accounts payable and accrued expenses

  beginning of year $1,855,773 · end of year $2,213,382

• 19 · Deferred revenue

  beginning of year $18,852,431 · end of year $13,709,168

• 25 · Other liabilities

  beginning of year $15,704,826 · end of year $14,133,696

• 27 · Net assets without donor restrictions

  beginning of year $9,735,700 · end of year $10,691,211

• 28 · Net assets with donor restrictions

  beginning of year $43,204,835 · end of year $27,926,805

The filer's explanations (Part III)

PART I, LINE 3

THE PRESIDENT'S COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD WHO WORK AT SIMILAR ORGANIZATIONS AND ARE FAMILIAR WITH COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED INDIVIDUALS. THE BOARD EVALUATES THE PERFORMANCE OF THE PRESIDENT ANNUALLY AND MAKES RECOMMENDATIONS ON SALARY INCREASES BASED ON PERFORMANCE AND THE AVERAGE RATE OF INFLATION. COMPENSATION IS CONSIDERED AND APPROVED IN AN EXECUTIVE SESSION BY THE FULL BOARD OF DIRECTORS. PERIODICALLY, HR REVIEWS COMPENSATION OF THE EXECUTIVE MANAGEMENT TEAM AND STAFF TO ENSURE THAT COMPENSATIONS ARE IN LINE WITH SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT OTHER NON-PROFIT ORGANIZATIONS.