Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $424,857

• 1b · Membership dues

  $202,328

• 1c · Fundraising events

  $699,792

• 1e · Government grants (contributions)

  $373,078

• 1f · All other contributions, gifts and grants

  $303,366

• 1g · Noncash contributions included above

  $22,833

• 2a · Program service revenue: EDUCATION

  total $348,135 · related or exempt $348,135

• 2b · Program service revenue: ADMISSIONS

  total $308,028 · related or exempt $308,028

• 2c · Program service revenue: PROGRAMS

  total $70,149 · related or exempt $70,149

• 3 · Investment income

  total $141,077 · excluded $141,077

• 6a · Gross rents

  real property $387,898

• 6b · Less rental expenses

  real property $224,784

• 6c · Rental income or loss

  real property $163,114

• 6d · Net rental income or loss

  total $163,114 · excluded $163,114

• 8a · Fundraising events: gross income

  $243,358

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

  $699,792

• 8b · Fundraising events: direct expenses

  $242,105

• 8c · Net income from fundraising events

  total $1,253 · excluded $1,253

• 10a · Gross sales of inventory

  $208,856

• 10b · Cost of goods sold

  $274,095

• 10c · Net income from sales of inventory

  total -$65,239 · related or exempt -$65,239

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $6,375 · related or exempt $6,375

• 11e · Other revenue, total

  $6,375

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $14,068 · program services $14,068

• 5 · Compensation of officers, directors and key employees

  total $53,794 · program services $17,752 · management and general $18,290 · fundraising $17,752

• 7 · Other salaries and wages

  total $1,217,932 · program services $790,447 · management and general $313,235 · fundraising $114,250

• 9 · Other employee benefits

  total $108,283 · program services $51,292 · management and general $39,894 · fundraising $17,097

• 10 · Payroll taxes

  total $95,701 · program services $61,974 · management and general $24,567 · fundraising $9,160

• 11b · Fees: legal

  total $700,166 · management and general $700,166

• 11c · Fees: accounting

  total $39,596 · management and general $39,596

• 11g · Fees: other

  total $179,791 · program services $162,500 · fundraising $17,291

• 12 · Advertising and promotion

  total $273,764 · program services $273,764

• 13 · Office expenses

  total $33,495 · program services $27,982 · management and general $3,957 · fundraising $1,556

• 16 · Occupancy

  total $464,957 · program services $435,194 · management and general $19,842 · fundraising $9,921

• 19 · Conferences, conventions and meetings

  total $42,312 · program services $29,222 · management and general $9,463 · fundraising $3,627

• 22 · Depreciation, depletion and amortization

  total $354,005 · program services $331,345 · management and general $15,107 · fundraising $7,553

• 23 · Insurance

  total $79,941 · program services $59,916 · management and general $20,025

• 24a · Other expenses: PROGRAM EXPENSES

  total $435,557 · program services $435,557

• 24b · Other expenses: SECURITY GUARDS

  total $253,222 · program services $253,222

• 24c · Other expenses: SUPPLIES AND MATERIALS

  total $135,482 · program services $118,547 · management and general $14,091 · fundraising $2,844

• 24d · Other expenses: COLLECTION ITEMS

  total $113,000 · program services $113,000

• 24e · All other expenses

  total $114,486 · program services $18,766 · management and general $61,255 · fundraising $34,465

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $429,386 · end of year $405,644

• 3 · Pledges and grants receivable

  beginning of year $136,456 · end of year $77,500

• 4 · Accounts receivable

  beginning of year $117,376 · end of year $17,895

• 8 · Inventories for sale or use

  beginning of year $49,361 · end of year $42,387

• 9 · Prepaid expenses and deferred charges

  beginning of year $59,016 · end of year $120,190

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

  $18,332,688

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

  $11,725,541

• 10c · Land, buildings and equipment, net

  beginning of year $6,996,319 · end of year $6,607,147

• 11 · Investments: publicly traded securities

  beginning of year $4,543,808 · end of year $4,008,034

• 15 · Other assets

  beginning of year $2,102,008 · end of year $2,133,711

• 17 · Accounts payable and accrued expenses

  beginning of year $255,505 · end of year $504,863

• 19 · Deferred revenue

  beginning of year $250,089 · end of year $184,911

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $189,814

• 25 · Other liabilities

  beginning of year $0 · end of year $200,000

• 27 · Net assets without donor restrictions

  beginning of year $5,750,193 · end of year $4,288,173

• 28 · Net assets with donor restrictions

  beginning of year $8,177,943 · end of year $8,044,747

The filer's explanations (Part III)

PART I, LINE 4A:

DR. AARON DE GROFT RECEIVED $50,000 PAYOUT ACCORDING TO THE TERMS OF HIS EMPLOYMENT CONTRACT. THIS WAS ACCRUED IN FISCAL YEAR 2022 AND WAS PAID OUT IN JULY 2022.