Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $51,437

• 1e · Government grants (contributions)

  $237,500

• 1f · All other contributions, gifts and grants

  $522,387

• 1g · Noncash contributions included above

  $44,059

• 2a · Program service revenue: TICKET OPERATIONS

  total $2,428,317 · related or exempt $2,428,317

• 2b · Program service revenue: SPONSORSHIPS

  total $1,358,563 · related or exempt $1,358,563

• 2c · Program service revenue: PARKING SHARE

  total $72,273 · related or exempt $72,273

• 2d · Program service revenue: MERCHANDISE SALE

  total $39,858 · related or exempt $39,858

• 2e · Program service revenue: TAILGATE INCOME

  total $19,367 · related or exempt $19,367

• 2f · All other program service revenue

  total $3,713 · related or exempt $3,713

• 3 · Investment income

  total $48,654 · excluded $48,654

• 5 · Royalties

  total $750,000 · excluded $750,000

• 7a · Gross sales of assets other than inventory

  securities $482,171 · other assets $3,748

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

  securities $482,130 · other assets $183

• 7c · Gain or loss

  securities $41 · other assets $3,565

• 7d · Net gain or loss

  total $3,606 · excluded $3,606

• 8a · Fundraising events: gross income

  $334,417

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

  $51,437

• 8b · Fundraising events: direct expenses

  $196,579

• 8c · Net income from fundraising events

  total $137,838 · excluded $137,838

• 11a · Other revenue: HOTEL REBATES

  total $2,515 · excluded $2,515

• 11e · Other revenue, total

  $2,515

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $24,480 · program services $24,480

• 5 · Compensation of officers, directors and key employees

  total $662,265 · program services $408,919 · management and general $253,346

• 7 · Other salaries and wages

  total $507,225 · program services $304,605 · management and general $202,620

• 8 · Pension plan contributions

  total $6,630 · program services $5,625 · management and general $1,005

• 9 · Other employee benefits

  total $58,650 · program services $49,763 · management and general $8,887

• 10 · Payroll taxes

  total $73,514 · program services $41,083 · management and general $32,431

• 11b · Fees: legal

  total $71,535 · management and general $71,535

• 11c · Fees: accounting

  total $26,803 · management and general $26,803

• 11g · Fees: other

  total $186,463 · program services $2,120 · fundraising $184,343

• 12 · Advertising and promotion

  total $138,787 · program services $138,787

• 13 · Office expenses

  total $162,293 · program services $85,871 · management and general $76,422

• 14 · Information technology

  total $10,249 · program services $8,199 · management and general $2,050

• 16 · Occupancy

  total $93,212 · program services $76,712 · management and general $16,500

• 17 · Travel

  total $46,675 · program services $38,292 · management and general $8,383

• 19 · Conferences, conventions and meetings

  total $506,004 · program services $330,668 · management and general $50,948 · fundraising $124,388

• 22 · Depreciation, depletion and amortization

  total $170,402 · program services $170,402

• 23 · Insurance

  total $58,852 · program services $53,970 · management and general $4,882

• 24a · Other expenses: CONFERENCE DISTRIBUTION

  total $2,412,245 · program services $2,412,245

• 24b · Other expenses: STADIUM EXPENSES

  total $267,714 · program services $267,714

• 24c · Other expenses: TEAM GIFTS AND TROPHIES

  total $116,575 · program services $116,575

• 24d · Other expenses: LICENSE AND DUES

  total $25,367 · program services $25,367

• 24e · All other expenses

  total $11,146 · program services $11,146

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $200,095 · end of year $1,196,087

• 2 · Savings and temporary cash investments

  beginning of year $161,444 · end of year $443,507

• 3 · Pledges and grants receivable

  beginning of year $200,000 · end of year $75,000

• 4 · Accounts receivable

  beginning of year $73,664 · end of year $168,363

• 9 · Prepaid expenses and deferred charges

  beginning of year $14,000 · end of year $21,154

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

  $5,684,076

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

  $886,726

• 10c · Land, buildings and equipment, net

  beginning of year $4,682,138 · end of year $4,797,350

• 11 · Investments: publicly traded securities

  beginning of year $1,270,756 · end of year $907,191

• 12 · Investments: other securities

  beginning of year $363,219 · end of year $692,713

• 17 · Accounts payable and accrued expenses

  beginning of year $43,980 · end of year $1,225,566

• 19 · Deferred revenue

  beginning of year $165,205 · end of year $105,760

• 27 · Net assets without donor restrictions

  beginning of year $6,756,131 · end of year $6,970,039

The filer's explanations (Part III)

PART I, LINE 7

THE NON-FIXED BONUS PAYMENTS ARE BASED ON PERFORMANCE AND AWARDED AT THE DISCRETION OF THE FINANCE COMMITTEE. THE FINANCE COMMITTEE TAKES INTO CONSIDERATION A VARIETY OF FACTORS, INCLUDING FUNDS RAISED AND ATTENDANCE AT THE ANNUAL EVENT - THE MILITARY BOWL.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• PATRIOT POINT LLC

  TO OWN & OPERATE RECREATIONAL SPACE FOR WOUNDED VETERANS AND THEIR FAMILIES · DC · income $774,184 · assets $5,751,762

  Directly controlled by MILITARY BOWL FOUNDATION INC