Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $879,803

• 1f · All other contributions, gifts and grants

  $7,851,336

• 1g · Noncash contributions included above

  $499,700

• 2a · Program service revenue: THIRD PARTY (ROOM) REIMBURSEMENT

  total $1,048,989 · related or exempt $1,048,989

• 3 · Investment income

  total $907,635 · excluded $907,635

• 7a · Gross sales of assets other than inventory

  securities $15,832,528

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

  securities $16,234,700

• 7c · Gain or loss

  securities -$402,172

• 7d · Net gain or loss

  total -$402,172 · excluded -$402,172

• 8a · Fundraising events: gross income

  $144,000

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

  $879,803

• 8b · Fundraising events: direct expenses

  $484,808

• 8c · Net income from fundraising events

  total -$340,808 · excluded -$340,808

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $859,990 · program services $636,512 · management and general $78,829 · fundraising $144,649

• 7 · Other salaries and wages

  total $2,867,268 · program services $2,126,922 · management and general $265,172 · fundraising $475,174

• 9 · Other employee benefits

  total $455,356 · program services $329,666 · management and general $38,092 · fundraising $87,598

• 10 · Payroll taxes

  total $310,122 · program services $224,782 · management and general $25,434 · fundraising $59,906

• 11b · Fees: legal

  total $15,935 · program services $9,792 · management and general $5,859 · fundraising $284

• 11c · Fees: accounting

  total $19,300 · program services $11,860 · management and general $7,096 · fundraising $344

• 11e · Fees: professional fundraising services

  total $89,736 · fundraising $89,736

• 11f · Fees: investment management

  total $95,985 · management and general $95,985

• 11g · Fees: other

  total $112,595 · program services $69,192 · management and general $41,398 · fundraising $2,005

• 13 · Office expenses

  total $329,694 · program services $205,880 · management and general $28,146 · fundraising $95,668

• 16 · Occupancy

  total $999,318 · program services $993,890 · management and general $4,137 · fundraising $1,291

• 19 · Conferences, conventions and meetings

  total $58,240 · program services $12,005 · management and general $45,244 · fundraising $991

• 22 · Depreciation, depletion and amortization

  total $1,502,625 · program services $1,485,583 · management and general $10,483 · fundraising $6,559

• 23 · Insurance

  total $35,352 · program services $22,076 · management and general $3,018 · fundraising $10,258

• 24a · Other expenses: HOUSE SUPPLIES AND FOOD

  total $879,980 · program services $878,518 · management and general $1,318 · fundraising $144

• 24b · Other expenses: COMMUNICATIONS & DEVELO

  total $525,252 · program services $290,840 · management and general $6,249 · fundraising $228,163

• 24c · Other expenses: GUEST SERVICES

  total $183,307 · program services $183,266 · management and general $41 · fundraising $0

• 24d · Other expenses: STAFF DEVELOPMENT

  total $9,876 · program services $2,036 · management and general $7,672 · fundraising $168

• 24e · All other expenses

  total $6,920 · fundraising $6,920

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,360,357 · end of year $1,762,962

• 3 · Pledges and grants receivable

  beginning of year $1,641,801 · end of year $3,307,917

• 4 · Accounts receivable

  beginning of year $387,519 · end of year $634,682

• 9 · Prepaid expenses and deferred charges

  beginning of year $7,041 · end of year $25,536

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

  $64,157,437

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

  $11,106,469

• 10c · Land, buildings and equipment, net

  beginning of year $53,793,413 · end of year $53,050,968

• 11 · Investments: publicly traded securities

  beginning of year $30,167,364 · end of year $32,995,475

• 15 · Other assets

  beginning of year $241,606 · end of year $274,757

• 17 · Accounts payable and accrued expenses

  beginning of year $591,659 · end of year $588,591

• 27 · Net assets without donor restrictions

  beginning of year $85,182,606 · end of year $87,919,578

• 28 · Net assets with donor restrictions

  beginning of year $2,824,836 · end of year $3,544,128

The filer's explanations (Part III)

PART I, LINE 6

EMPLOYEES ARE ELIGIBLE FOR BONUSES WHICH HAVE AN ORGANIZATIONAL COMPONENT BASED ON MEETING OR EXCEEDING THE UNRESTRICTED NET INCOME/(LOSS) PER THE BUDGET, EXCLUDING INVESTMENT GAINS AND LOSSES, DURING THE CALENDAR YEAR. BONUSES WERE ACCRUED IN 2023 FOR $194,000.