Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $4,686,852

• 1g · Noncash contributions included above

  $1,191,099

• 3 · Investment income

  total $54,767 · excluded $54,767

• 7a · Gross sales of assets other than inventory

  securities $1,195,609

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

  securities $1,191,099

• 7c · Gain or loss

  securities $4,510

• 7d · Net gain or loss

  total $4,510 · excluded $4,510

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $810,707 · program services $750,229 · management and general $18,308 · fundraising $42,170

• 7 · Other salaries and wages

  total $794,150 · program services $769,235 · fundraising $24,915

• 8 · Pension plan contributions

  total $44,168 · program services $42,745 · fundraising $1,423

• 9 · Other employee benefits

  total $136,583 · program services $131,878 · fundraising $4,705

• 10 · Payroll taxes

  total $105,503 · program services $99,647 · management and general $1,107 · fundraising $4,749

• 11b · Fees: legal

  total $10,143 · management and general $10,143

• 11c · Fees: accounting

  total $17,583 · management and general $17,583

• 11g · Fees: other

  total $1,713,475 · program services $1,692,984 · management and general $17,147 · fundraising $3,344

• 12 · Advertising and promotion

  total $345 · fundraising $345

• 13 · Office expenses

  total $1,247 · management and general $1,096 · fundraising $151

• 17 · Travel

  total $11,020 · program services $10,173 · fundraising $847

• 19 · Conferences, conventions and meetings

  total $12,624 · program services $10,310 · fundraising $2,314

• 23 · Insurance

  total $2,673 · management and general $2,673

• 24a · Other expenses: OVERHEAD REIMBURSEMENT

  total $975,767 · program services $975,767

• 24b · Other expenses: SUBSCRIPTIONS

  total $45,727 · management and general $42,865 · fundraising $2,862

• 24c · Other expenses: OTHER EXPENSES

  total $3,927 · program services $2,023 · fundraising $1,904

• 24d · Other expenses: REPORT DESIGN & PRINT

  total $732 · program services $600 · fundraising $132

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,653,393 · end of year $2,510,447

• 2 · Savings and temporary cash investments

  beginning of year $612,415 · end of year $1,862,791

• 3 · Pledges and grants receivable

  beginning of year $1,762,840 · end of year $1,221,673

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,974 · end of year $19,144

• 17 · Accounts payable and accrued expenses

  beginning of year $54,694 · end of year $16,930

• 25 · Other liabilities

  beginning of year $1,013,478 · end of year $574,920

• 27 · Net assets without donor restrictions

  beginning of year $3,413,808 · end of year $3,477,203

• 28 · Net assets with donor restrictions

  beginning of year $1,548,642 · end of year $1,545,002

The filer's explanations (Part III)

PART I, LINE 3

BPCA DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF BIPARTISAN POLICY CENTER, INC. (BPC), A RELATED ORGANIZATION UNDER 501(C)(3). BPCA HAS A COMMON PAYMASTER AGREEMENT WITH BPC. TO DETERMINE THE COMPENSATION OF BPCA'S OFFICERS AND KEY EMPLOYEES, BPC REVIEWS INDEPENDENT SURVEY DATA LOOKING AT OTHER NONPROFIT ORGANIZATIONS OF SIMILAR SIZE AND GROSS REVENUE. IN ADDITION, FOR EMPLOYEES WHO ARE IN A POSITION TO EXERCISE A SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF BPCA WITHIN THE MEANING OF SECTION 4958 OF THE INTERNAL REVENUE CODE, BPCA'S SENIOR LEADERSHIP TEAM REVIEWS THE SALARIES OF ALL EMPLOYEES AND NEW HIRES, ADJUSTING AMOUNTS AS NECESSARY BASED ON THE MOST RECENTLY AVAILABLE BENCHMARK DATA.

PART I, LINE 7

BONUSES FOR ELENA MUEHLENBECK AND MICHAEL KELLEY WERE PERFORMANCE BASED.