Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $175,613

• 1e · Government grants (contributions)

  $349,821

• 1f · All other contributions, gifts and grants

  $7,153,621

• 1g · Noncash contributions included above

  $215,071

• 2a · Program service revenue: TUITION & FEES

  total $16,784,378 · related or exempt $16,784,378

• 2b · Program service revenue: HOUSING & MEALS

  total $1,616,280 · related or exempt $1,616,280

• 2c · Program service revenue: SUMMER SCHOOL PROGRAMS

  total $344,153 · related or exempt $344,153

• 3 · Investment income

  total $1,013,356 · excluded $1,013,356

• 7a · Gross sales of assets other than inventory

  securities $1,645,272

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

  securities $1,645,272

• 10a · Gross sales of inventory

  $758,540

• 10b · Cost of goods sold

  $345,004

• 10c · Net income from sales of inventory

  total $413,536 · related or exempt $413,536

• 11a · Other revenue: MUSEUM INCOME

  total $152,115 · related or exempt $152,115

• 11e · Other revenue, total

  $152,115

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $11,093,221 · program services $11,093,221

• 5 · Compensation of officers, directors and key employees

  total $357,955 · management and general $357,955

• 7 · Other salaries and wages

  total $7,681,203 · program services $6,650,679 · management and general $591,785 · fundraising $438,739

• 8 · Pension plan contributions

  total $463,214 · program services $386,541 · management and general $49,009 · fundraising $27,664

• 9 · Other employee benefits

  total $1,151,178 · program services $960,630 · management and general $121,798 · fundraising $68,750

• 10 · Payroll taxes

  total $558,149 · program services $465,762 · management and general $59,054 · fundraising $33,333

• 11a · Fees: management

  total $131,037 · program services $131,037

• 11f · Fees: investment management

  total $930,089 · management and general $930,089

• 11g · Fees: other

  total $108,234 · management and general $71,591 · fundraising $36,643

• 12 · Advertising and promotion

  total $62,366 · program services $40,876 · fundraising $21,490

• 13 · Office expenses

  total $187,505 · program services $114,755 · management and general $2,595 · fundraising $70,155

• 14 · Information technology

  total $79,802 · program services $38,328 · management and general $37,989 · fundraising $3,485

• 16 · Occupancy

  total $24,756 · program services $16,256 · management and general $8,500

• 17 · Travel

  total $102,558 · program services $78,564 · management and general $13,403 · fundraising $10,591

• 19 · Conferences, conventions and meetings

  total $88,621 · program services $76,065 · management and general $2,722 · fundraising $9,834

• 20 · Interest

  total $499,954 · program services $499,954

• 22 · Depreciation, depletion and amortization

  total $1,580,557 · program services $1,343,475 · management and general $158,054 · fundraising $79,028

• 23 · Insurance

  total $382,777 · program services $6,273 · management and general $376,504

• 24a · Other expenses: BUILDING & GROUNDS

  total $1,204,874 · program services $1,024,143 · management and general $120,487 · fundraising $60,244

• 24b · Other expenses: SUPPLIES

  total $542,653 · program services $498,413 · management and general $38,301 · fundraising $5,939

• 24c · Other expenses: FOOD SERVICES

  total $389,107 · program services $389,107

• 24d · Other expenses: CONSULTANTS

  total $319,536 · program services $163,607 · management and general $88,685 · fundraising $67,244

• 24e · All other expenses

  total $2,306,102 · program services $1,633,335 · management and general $488,553 · fundraising $184,214

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $289,342 · end of year $327,708

• 2 · Savings and temporary cash investments

  beginning of year $15,397,795 · end of year $14,631,275

• 3 · Pledges and grants receivable

  beginning of year $7,980,271 · end of year $4,043,505

• 4 · Accounts receivable

  beginning of year $258,197 · end of year $297,373

• 5 · Loans and receivables from officers and key people

  beginning of year $123,185 · end of year $118,503

• 7 · Other notes and loans receivable

  beginning of year $115,478 · end of year $81,929

• 8 · Inventories for sale or use

  beginning of year $11,128 · end of year $15,355

• 9 · Prepaid expenses and deferred charges

  beginning of year $84,604 · end of year $183,891

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

  $75,151,252

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

  $28,457,501

• 10c · Land, buildings and equipment, net

  beginning of year $42,532,695 · end of year $46,693,751

• 11 · Investments: publicly traded securities

  beginning of year $66,773,461 · end of year $75,417,497

• 15 · Other assets

  beginning of year $109,872 · end of year $117,703

• 17 · Accounts payable and accrued expenses

  beginning of year $1,184,406 · end of year $1,236,676

• 19 · Deferred revenue

  beginning of year $443,251 · end of year $598,554

• 20 · Tax-exempt bond liabilities

  beginning of year $12,750,000 · end of year $12,485,000

• 25 · Other liabilities

  beginning of year $1,341,763 · end of year $1,286,157

• 27 · Net assets without donor restrictions

  beginning of year $44,267,492 · end of year $51,206,705

• 28 · Net assets with donor restrictions

  beginning of year $73,689,116 · end of year $75,115,398

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 1B

THE PRESIDENT'S HOUSING PROVIDED WAS PART OF THE NEGOTIATED EMPLOYMENT CONTRACT. NO FURTHER SUBSTANTIATION REQUIRED.