Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $49,531,924

• 2a · Program service revenue: MEMBERSHIP DUES

  total $2,400,969 · related or exempt $2,400,969

• 2b · Program service revenue: REGISTRATIONS

  total $484,333 · related or exempt $484,333

• 2c · Program service revenue: CONSUMER PROMOTIONS

  total $198,709 · related or exempt $198,709

• 2d · Program service revenue: PUBLICATION SALES

  total $37,764 · related or exempt $12,764 · unrelated business $25,000

• 3 · Investment income

  total $396,380 · excluded $396,380

• 6a · Gross rents

  real property $89,775

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $89,775

• 6d · Net rental income or loss

  total $89,775 · related or exempt $89,775

• 7a · Gross sales of assets other than inventory

  securities $657,850

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

  securities $592,017

• 7c · Gain or loss

  securities $65,833

• 7d · Net gain or loss

  total $65,833 · excluded $65,833

• 11a · Other revenue: OTHER INCOME

  total $5,420 · related or exempt $5,420

• 11e · Other revenue, total

  $5,420

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,290,920

• 5 · Compensation of officers, directors and key employees

  total $1,443,854

• 7 · Other salaries and wages

  total $11,447,749

• 8 · Pension plan contributions

  total $924,430

• 9 · Other employee benefits

  total $1,036,358

• 10 · Payroll taxes

  total $908,222

• 11b · Fees: legal

  total $600

• 11c · Fees: accounting

  total $161,382

• 11f · Fees: investment management

  total $40,038

• 11g · Fees: other

  total $764,029

• 12 · Advertising and promotion

  total $28,240,881

• 13 · Office expenses

  total $806,938

• 14 · Information technology

  total $834,682

• 16 · Occupancy

  total $1,224,751

• 17 · Travel

  total $1,221,710

• 19 · Conferences, conventions and meetings

  total $3,446,878

• 22 · Depreciation, depletion and amortization

  total $426,998

• 23 · Insurance

  total $96,585

• 24a · Other expenses: MISCELLANEOUS EXPENSES

  total $2,020,330

• 24b · Other expenses: CONTRACTS

  total $1,275,032

• 24c · Other expenses: DUES AND SUBSCRIPTIONS

  total $386,550

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $13,252,327 · end of year $1,294,421

• 2 · Savings and temporary cash investments

  beginning of year $714 · end of year $5,283,809

• 4 · Accounts receivable

  beginning of year $2,873,225 · end of year $3,566,012

• 9 · Prepaid expenses and deferred charges

  beginning of year $132,880 · end of year $995,101

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

  $2,787,037

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

  $1,764,582

• 10c · Land, buildings and equipment, net

  beginning of year $966,126 · end of year $1,022,455

• 11 · Investments: publicly traded securities

  beginning of year $6,883,744 · end of year $5,633,584

• 15 · Other assets

  beginning of year $8,697,673 · end of year $8,157,838

• 17 · Accounts payable and accrued expenses

  beginning of year $4,410,330 · end of year $5,955,393

• 19 · Deferred revenue

  beginning of year $630,255 · end of year $630,597

• 25 · Other liabilities

  beginning of year $11,054,105 · end of year $10,538,549

• 27 · Net assets without donor restrictions

  beginning of year $16,711,999 · end of year $8,828,681

The filer's explanations (Part III)

PART I, LINE 1A

PROVIDED SPOUSAL TRAVEL FOR ELLIOTT FERGUSON. THE REIMBURSEMENT WAS NOT CONSIDERED TAXABLE COMPENSATION AS IT WAS FOR A VALID BUSINESS PURPOSE.

PART I, LINE 4B

THE PRESIDENT & CEO IS PARTICIPATING IN A NONQUALIFIED 457(F) RETIREMENT PLAN. THE PLAN ACCEPTS ONLY EMPLOYER CONTRIBUTIONS.