Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,720,844

• 1d · Related organizations

  $59,750

• 1e · Government grants (contributions)

  $634,830

• 1f · All other contributions, gifts and grants

  $21,526,417

• 1g · Noncash contributions included above

  $2,925,879

• 2a · Program service revenue: NET OUTPATIENT REVENUE

  total $69,042,982 · related or exempt $69,042,982

• 2b · Program service revenue: Net INPATIENT REVENUE

  total $28,682,411 · related or exempt $28,682,411

• 2c · Program service revenue: OTHER PATIENT RELATED REVENUE

  total $7,336,383 · related or exempt $7,336,383

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $103,060,583 · unrelated business -$405,214 · excluded $103,465,797

• 4 · Income from investment of tax-exempt bond proceeds

  total $0 · related or exempt $0

• 5 · Royalties

  total $179,884,243 · excluded $179,884,243

• 6a · Gross rents

  real property $565,470

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $565,470 · personal property $0

• 6d · Net rental income or loss

  total $565,470 · excluded $565,470

• 7a · Gross sales of assets other than inventory

  securities $195,219,612 · other assets $313,664

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

  securities $231,438,086 · other assets $14,083

• 7c · Gain or loss

  securities -$36,218,474 · other assets $299,581

• 7d · Net gain or loss

  total -$35,919,893 · unrelated business $26,982 · excluded -$35,946,875

• 8a · Fundraising events: gross income

  $454,880

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

  $1,720,844

• 8b · Fundraising events: direct expenses

  $841,592

• 8c · Net income from fundraising events

  total -$386,712 · excluded -$386,712

• 9a · Gaming: gross income

  $20,000

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $20,000 · excluded $20,000

• 10a · Gross sales of inventory

  $5,665,038

• 10b · Cost of goods sold

  $3,812,684

• 10c · Net income from sales of inventory

  total $1,852,354 · unrelated business $1,012,817 · excluded $839,537

• 11a · Other revenue: SURFACE DAMAGE/WATER SALES

  total $19,030,041 · related or exempt $19,030,041

• 11b · Other revenue: CAFETERIA/CATERING SALES

  total $764,139 · related or exempt $764,139

• 11c · Other revenue: CONTRACTED SRV WITH UTSW

  total $391,103 · related or exempt $391,103

• 11d · All other revenue

  total $189,773 · related or exempt -$42,216 · unrelated business $231,989 · excluded $0

• 11e · Other revenue, total

  $20,375,056

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,971,900 · program services $2,971,900

• 5 · Compensation of officers, directors and key employees

  total $12,412,973 · program services $4,438,603 · management and general $6,326,873 · fundraising $1,647,497

• 7 · Other salaries and wages

  total $109,752,678 · program services $92,828,150 · management and general $13,963,382 · fundraising $2,961,146

• 8 · Pension plan contributions

  total $7,714,504 · program services $6,715,367 · management and general $788,500 · fundraising $210,637

• 9 · Other employee benefits

  total $12,703,168 · program services $11,885,684 · management and general $369,183 · fundraising $448,301

• 10 · Payroll taxes

  total $6,768,989 · program services $5,721,027 · management and general $850,697 · fundraising $197,265

• 11b · Fees: legal

  total $568,074 · program services $45 · management and general $568,029

• 11c · Fees: accounting

  total $758,776 · management and general $758,776

• 11d · Fees: lobbying

  total $93,294 · management and general $93,294

• 11e · Fees: professional fundraising services

  total $0 · fundraising $0

• 11f · Fees: investment management

  total $9,996,248 · management and general $9,996,248

• 11g · Fees: other

  total $12,550,715 · program services $6,578,758 · management and general $5,631,055 · fundraising $340,902

• 12 · Advertising and promotion

  total $4,903,928 · program services $819,779 · management and general $1,586,200 · fundraising $2,497,949

• 13 · Office expenses

  total $6,235,230 · program services $4,075,261 · management and general $1,447,600 · fundraising $712,369

• 14 · Information technology

  total $14,382,820 · program services $11,932,520 · management and general $2,009,748 · fundraising $440,552

• 16 · Occupancy

  total $8,972,133 · program services $7,806,838 · management and general $938,453 · fundraising $226,842

• 17 · Travel

  total $1,597,654 · program services $1,344,921 · management and general $238,412 · fundraising $14,321

• 19 · Conferences, conventions and meetings

  total $389,188 · program services $310,300 · management and general $71,469 · fundraising $7,419

• 22 · Depreciation, depletion and amortization

  total $25,666,294 · program services $21,177,170 · management and general $3,765,972 · fundraising $723,152

• 23 · Insurance

  total $1,263,098 · program services $39,684 · management and general $1,216,701 · fundraising $6,713

• 24a · Other expenses: MEDICAL & OTHER SUPPLIES

  total $26,921,846 · program services $24,905,377 · management and general $1,774,754 · fundraising $241,715

• 24b · Other expenses: RANCH OPERATIONS

  total $3,202,557 · management and general $3,202,557

• 24c · Other expenses: BAD DEBT EXPENSE

  total $6,727,590 · program services $6,727,590

• 24d · Other expenses: CGA ACTUARIAL EXPENSE

  total $283,075 · management and general $283,075

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $701,421 · end of year $6,830,055

• 3 · Pledges and grants receivable

  beginning of year $2,543,539 · end of year $123,340

• 4 · Accounts receivable

  beginning of year $58,882,445 · end of year $59,240,024

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $5,853,157 · end of year $5,401,619

• 9 · Prepaid expenses and deferred charges

  beginning of year $8,201,499 · end of year $10,367,872

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

  $613,878,743

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

  $241,890,455

• 10c · Land, buildings and equipment, net

  beginning of year $364,769,502 · end of year $371,988,288

• 11 · Investments: publicly traded securities

  beginning of year $370,038,000 · end of year $400,726,000

• 12 · Investments: other securities

  beginning of year $2,480,897,454 · end of year $2,763,501,740

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $86,238,193 · end of year $98,954,518

• 17 · Accounts payable and accrued expenses

  beginning of year $24,916,289 · end of year $25,313,258

• 19 · Deferred revenue

  beginning of year $386,540 · end of year $976,921

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $115,515,871 · end of year $103,496,668

• 27 · Net assets without donor restrictions

  beginning of year $3,095,919,404 · end of year $3,434,788,733

• 28 · Net assets with donor restrictions

  beginning of year $141,387,106 · end of year $152,557,876

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions

SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS (INCLUDED ON SCH J, PART II, COL B (III) & W-2, BOX 5) JAYSSON BROOKS, MD - $800 ANTHONY I. RICCIO, MD - $800 DANIEL J. SUCATO, MD - $800

Schedule J, Part I, Line 4a Severance or change-of-control payment

DEBBIE SAYLES RECEIVED SEVERANCE PAYMENTS OF $202,627 IN CALENDAR YEAR 2022.

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

SCHEDULE J, PART I, LINE 4B THE RESTORATION OF RETIREMENT INCOME PLAN (RRIP) IS A NON QUALIFIED PLAN PROVIDING SUPPLEMENTAL RETIREMENT BENEFITS TO CERTAIN EMPLOYEES OF TEXAS SCOTTISH RITE HOSPITAL FOR CHILDREN (TSRHC) AND A RELATED ENTITY, WHOSE BENEFITS UNDER THE TAX-QUALIFIED RETIREMENT PLAN HAVE BEEN LIMITED BY THE MAXIMUM BENEFIT AND MAXIMUM COMPENSATION LIMITATIONS IMPOSED UNDER THE TAX QUALIFIED RETIREMENT PLAN IN ORDER TO COMPLY WITH THE INTERNAL REVENUE CODE. THE TOTAL ACCUMULATED BENEFIT THAT HAS ACCRUED FOR A PARTICIPANT UNDER THE RRIP NORMALLY BECOMES VESTED AND TAXABLE TO A PARTICIPANT WHEN HE OR SHE EITHER HAS ATTAINED AGE 55 AND COMPLETED 15 YEARS OF SERVICE OR ATTAINS AGE 65. THE BENEFIT ACCRUALS FOR A PARTICIPANT AFTER THE DATE OF INITIAL VESTING ARE TAXABLE TO THE PARTICIPANT WHEN AND AS ACCRUED. RRIP BENEFITS BECOME PAYABLE AFTER TERMINATION OF EMPLOYMENT. UNDER THE TERMS OF THE RRIP, THE FOLLOWING EMPLOYEES ARE NON-VESTED PARTICIPANTS WHO ARE ACCRUING AN ANNUAL BENEFIT IN 2022 (INCLUDED ON SCH J, PART II, COL C) PHILIP L. WILSON, MD - $133,751 UNDER THE TERMS OF THE RRIP, THE FOLLOWING EMPLOYEES HAVE PREVIOUSLY VESTED IN THE RRIP AND ACCRUED ADDITIONAL BENEFITS DURING 2022, WHICH ARE SUBJECT TO TAXATION, IN THE FOLLOWING AMOUNTS. (INCLUDED IN SCH J, PART II, COL B (III) AND W-2, BOX 5) NO PARTICIPANTS VESTED DURING 2022 UNDER THE TERMS OF THE RRIP, THE FOLLOWING EMPLOYEES HAVE PREVIOUSLY VESTED IN THE RRIP AND ACCRUED ADDITIONAL BENEFITS DURING 2022, WHICH ARE SUBJECT TO TAXATION, IN THE FOLLOWING AMOUNTS. (INCLUDED IN SCH J, PART II, COL B (III) & W-2, BOX 5) DONALD E. KATZ - $38,794 KRIS KEEVER-SMITH - $8,734 KARL E. RATHJEN, MD - $53,691 DANIEL J. SUCATO, MD - $187,579 UNDER THE TERMS OF THE RRIP, THE FOLLOWING EMPLOYEES HAVE RETIRED AND RECEIVE PAYMENT FROM THE PLAN DURING 2022 WHICH ARE SUBJECT TO TAXATION, IN THE FOLLOWING AMOUNT. (INCLUDED IN SCH J, PART II, COL B (III) & W-2, BOX 5 CHARLES E. JOHNSTON III, MD - $102,571 JOHN A. HERRING, MD - $175,658 BENJAMIN S. RICHARDS III, MD - $143,238 DEBRA A. SAYLES - $7,639 THE FLEXIBLE BENEFITS PLAN IS A NON QUALIFED PLAN PROVIDING LIFE INSURANCE, DISABILITY INSURANCE, LONG-TERM CARE INSURANCE AND/OR RETIREMENT BENEFITS TO ELIGIBLE EMPLOYEES OF TEXAS SCOTTISH RITE HOSPITAL FOR CHILDREN(TSRHC) AND A RELATED ENTITY, AT THEIR ELECTION. THE INSURANCE PREMIUM AND RETIREMENT ACCOUNT CONTRIBUTION AMOUNTS ALLOCATED TO A PARTICIPANT UNDER THIS PLAN FOR EACH YEAR ARE TAXABLE TO THE PARTICIPANT FOR SUCH YEAR. THE EARNINGS ON THE RETIREMENT ACCOUNT CONTRIBUTIONS BECOME TAXABLE TO A PARTICIPANT WHEN PAID OR MADE AVAILABLE TO THE PARTICIPANT. UNDER THE TERMS OF THE FLEXIBLE BENEFIT PLAN, THE FOLLOWING EMPLOYEES WERE TAXED ON THE FOLLOWING AMOUNTS FOR CALENDAR YEAR 2022. (INCLUDED IN SCH J, PART II, COL B (III), AND W-2, BOX 5) BATEMAN, MARK G. $19,129 BRIGGER, STEPHANIE K. $10,742 BROOKS, JAYSSON $31,773 CHANCE, MATTHEW S. $24,008 CLONCH, JR. LESLIE A. $20,815 DALTON, LORI L. $24,102 ELLIS, MD, HENRY B. $31,773 GIVENS, ASHLEY C. $6,923 HOWELL, JEREMY L. $11,762 JOHNSON, JENNY J. $9,217 JOHNSON, MD MEGAN E. $31,773 KATZ, DONALD E. $14,173 KEEVER-SMITH, KRISTINA L. $13,904 MCINTOSH, MD, Amy L. $31,773 RAMO, MD, BRANDON A. $32,482 RATHJEN, MD, KARL E $24,122 RICCIO, MD, ANTHONY I. $31,773 RICHMOND, FREDRIC D. $23,176 SIBLEY, TAMMIE L. $23,175 SUCATO, MD, DANIEL J. $48,344 WALKER, ROBERT L. $60,840 WILSON, MD, PHILIP L. $32,685 WIMBERLY, MD ROBERT L. $31,773

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• PEG Welborn Private Equity Fund LP

  Excluded · Investments · NY · 95.54% owned · share of income $15,776,786 · share of assets $275,071,945

  Directly controlled by TEXAS SCOTTISH RITE HOSPITAL

• Algert International Small Cap Fund LP

  Excluded · Investments · CA · 69.31% owned · share of income -$26,810,358 · share of assets $142,106,843

  Directly controlled by TEXAS SCOTTISH RITE HOSPITAL

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUST (2)

  Trust · CHARITABLE REMAINDER TRUST · share of income $0 · share of assets $0

  Directly controlled by NA