Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $765,112

• 1e · Government grants (contributions)

  $322,473

• 1f · All other contributions, gifts and grants

  $17,604,821

• 2a · Program service revenue: CONTESTS / CONVENTIONS

  total $1,917,136 · related or exempt $1,917,136

• 3 · Investment income

  total $476,611 · excluded $476,611

• 5 · Royalties

  total $299,027 · excluded $299,027

• 7a · Gross sales of assets other than inventory

  securities $14,838,349 · other assets $91,997

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

  securities $14,838,349 · other assets $68,897

• 7c · Gain or loss

  securities $0 · other assets $23,100

• 7d · Net gain or loss

  total $23,100 · excluded $23,100

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,294,726

• 7 · Other salaries and wages

  total $2,795,597

• 8 · Pension plan contributions

  total $454,655

• 9 · Other employee benefits

  total $510,254

• 10 · Payroll taxes

  total $339,470

• 11b · Fees: legal

  total $130,330

• 11c · Fees: accounting

  total $41,660

• 11g · Fees: other

  total $5,887,854

• 12 · Advertising and promotion

  total $855,382

• 13 · Office expenses

  total $366,028

• 14 · Information technology

  total $161,259

• 16 · Occupancy

  total $138,033

• 17 · Travel

  total $882,137

• 19 · Conferences, conventions and meetings

  total $1,231,254

• 20 · Interest

  total $2,806

• 22 · Depreciation, depletion and amortization

  total $97,253

• 23 · Insurance

  total $74,057

• 24a · Other expenses: SPONSORSHIP

  total $1,184,387

• 24b · Other expenses: EQUIPMENT LEASES, RENTA

  total $812,603

• 24c · Other expenses: DUES AND SUBSCRIPTIONS

  total $499,247

• 24d · Other expenses: UTILITIES

  total $76,723

• 24e · All other expenses

  total $90,296

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,199,280 · end of year $3,229,377

• 2 · Savings and temporary cash investments

  beginning of year $8,876,635 · end of year $11,777,441

• 4 · Accounts receivable

  beginning of year $2,022,591 · end of year $2,944,918

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,061,289 · end of year $759,312

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

  $2,051,697

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

  $1,066,679

• 10c · Land, buildings and equipment, net

  beginning of year $1,092,338 · end of year $985,018

• 13 · Investments: program-related

  beginning of year $170,250 · end of year $312,500

• 15 · Other assets

  beginning of year $0 · end of year $4,337,842

• 17 · Accounts payable and accrued expenses

  beginning of year $1,111,097 · end of year $1,902,937

• 19 · Deferred revenue

  beginning of year $9,589,892 · end of year $9,726,815

• 25 · Other liabilities

  beginning of year $260,996 · end of year $4,773,989

• 27 · Net assets without donor restrictions

  beginning of year $5,460,398 · end of year $7,942,667

The filer's explanations (Part III)

PART I, LINE 1A

THE PRIOR CEO'S CONTRACT WHICH ENDED 12/31/22 CALLED FOR THE FOLLOWING ADDITIONAL FRINGE BENEFITS: HOUSING ALLOWANCE, NOT TO EXCEED $2,000, INCLUDING INTERNET SERVICE AND SECURITY FOR BUSINESS-RELATED COMMUNICATIONS AND SHALL BE REIMBURSED FOR AMERICAN AIRLINES ADMIRALS CLUB ANNUAL MEMBERSHIP EXPENSES. THE NEW CEO CONTRACT DOES NOT HAVE ANY ADDITIONAL FRINGE BENEFITS, NOT OFFERED TO ALL EMPLOYEES.

PART I, LINES 4A-B

RECEIVED SEVERANCE PAYMENTS OF: NATHAN FIELDS - $27,424 PAID THROUGH 9/30/23. TOTAL SEVERANCE PAID THROUGH 12/31/23 $82,272 JOE HODES - $60.348 THROUGH 12/31/22 RECEIVED NON-QUALIFIED RETIREMENT PLAN PAYMENTS: J JON DOGGETT - $125,498 PAID 3/31/23