Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $14,145,065

• 1f · All other contributions, gifts and grants

  $5,452,211

• 2a · Program service revenue: ANNUAL CONFERENCE

  total $12,317,938 · related or exempt $6,259,795 · excluded $6,058,143

• 2b · Program service revenue: MEMBER DUES

  total $3,994,389 · related or exempt $3,994,389

• 2c · Program service revenue: TRAINING & CONSULTING

  total $2,142,479 · related or exempt $2,142,479

• 2d · Program service revenue: SUBSCRIPTIONS

  total $1,334,822 · related or exempt $1,334,822

• 2e · Program service revenue: ADVERTISING & PUBLICAT

  total $734,410 · related or exempt $15,518 · unrelated business $718,892

• 3 · Investment income

  total $1,730,983 · excluded $1,730,983

• 5 · Royalties

  total $815,105 · excluded $815,105

• 10a · Gross sales of inventory

  $82,618

• 10b · Cost of goods sold

  $72,969

• 10c · Net income from sales of inventory

  total $9,649 · unrelated business $9,649

• 11a · Other revenue: MISCELLANEOUS

  total $21,754 · excluded $21,754

• 11e · Other revenue, total

  $21,754

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,029,568 · program services $478,808 · management and general $1,537,880 · fundraising $12,880

• 7 · Other salaries and wages

  total $11,368,978 · program services $9,618,818 · management and general $1,596,662 · fundraising $153,498

• 8 · Pension plan contributions

  total $499,655 · program services $445,419 · management and general $47,692 · fundraising $6,544

• 9 · Other employee benefits

  total $2,390,429 · program services $1,934,001 · management and general $428,003 · fundraising $28,425

• 10 · Payroll taxes

  total $953,419 · program services $737,157 · management and general $205,014 · fundraising $11,248

• 11b · Fees: legal

  total $74,329 · management and general $74,329

• 11c · Fees: accounting

  total $120,278 · management and general $120,278

• 11f · Fees: investment management

  total $59,709 · management and general $59,709

• 11g · Fees: other

  total $6,847,745 · program services $6,222,039 · management and general $593,808 · fundraising $31,898

• 12 · Advertising and promotion

  total $720,163 · program services $712,893 · management and general $7,270

• 13 · Office expenses

  total $2,145,538 · program services $1,288,353 · management and general $852,804 · fundraising $4,381

• 14 · Information technology

  total $1,104,562 · program services $1,104,562

• 16 · Occupancy

  total $1,086,879 · program services $709,432 · management and general $369,263 · fundraising $8,184

• 17 · Travel

  total $3,278,508 · program services $3,012,582 · management and general $259,721 · fundraising $6,205

• 19 · Conferences, conventions and meetings

  total $8,937,373 · program services $8,591,136 · management and general $346,237

• 20 · Interest

  total $3,543 · management and general $3,543

• 22 · Depreciation, depletion and amortization

  total $776,433 · program services $647,927 · management and general $124,914 · fundraising $3,592

• 23 · Insurance

  total $315,095 · program services $177,763 · management and general $136,664 · fundraising $668

• 24a · Other expenses: DUES AND SUBSCRIPTIONS

  total $134,651 · program services $101,626 · management and general $32,601 · fundraising $424

• 24b · Other expenses: PROF. DEVELOPMENT

  total $59,848 · program services $26,270 · management and general $31,292 · fundraising $2,286

• 24c · Other expenses: MISCELLANEOUS EXPENSE

  total $17,800 · program services $8,848 · management and general $8,952

• 24d · Other expenses: PERSONNEL ALLOCATION

  total $0 · program services $137,693 · management and general -$139,305 · fundraising $1,612

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $8,488,868 · end of year $9,111,328

• 2 · Savings and temporary cash investments

  beginning of year $2,885,021 · end of year $4,216,806

• 3 · Pledges and grants receivable

  beginning of year $2,155,316 · end of year $2,316,251

• 4 · Accounts receivable

  beginning of year $604,345 · end of year $620,023

• 9 · Prepaid expenses and deferred charges

  beginning of year $4,255,390 · end of year $3,300,376

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

  $5,715,174

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

  $4,592,505

• 10c · Land, buildings and equipment, net

  beginning of year $1,594,982 · end of year $1,122,669

• 11 · Investments: publicly traded securities

  beginning of year $24,678,996 · end of year $28,119,397

• 14 · Intangible assets

  beginning of year $2,075,711 · end of year $1,779,181

• 15 · Other assets

  beginning of year $2,171,044 · end of year $1,512,993

• 17 · Accounts payable and accrued expenses

  beginning of year $3,101,903 · end of year $3,470,679

• 19 · Deferred revenue

  beginning of year $15,134,759 · end of year $16,271,471

• 25 · Other liabilities

  beginning of year $3,212,430 · end of year $2,201,542

• 27 · Net assets without donor restrictions

  beginning of year $27,149,162 · end of year $29,549,435

• 28 · Net assets with donor restrictions

  beginning of year $311,419 · end of year $605,897

The filer's explanations (Part III)

PART I, LINE 1A

DUE TO THE NATURE AND FREQUENCY OF TRAVEL REQUIRED FOR IACP'S PRESIDENT, THE GOVERNING BODY PERMITS A SPOUSE OR COMPANION TO ACCOMPANY THE PRESIDENT ON CERTAIN TRIPS. THE COST OF SUCH TRAVEL IS GENERALLY ARRANGED AND APPROVED UNDER IACP'S EXPENSE REIMBURSEMENT POLICIES. THE VALUE OF SPOUSE OR COMPANION TRAVEL IS PROPERLY REPORTED ON A FORM 1099. THE PRESIDENT RECEIVES A TAX INDEMNIFICATION FROM IACP FOR THE APPROPRIATE AMOUNT OF INCOME TAXES INCURRED AS A RESULT OF REPORTING SUCH SPOUSE OR COMPANION TRAVEL.