Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $5,670

• 1f · All other contributions, gifts and grants

  $29,545,125

• 1g · Noncash contributions included above

  $163,214

• 2a · Program service revenue: Concert Series/Events

  total $1,644,228 · related or exempt $1,644,228

• 2b · Program service revenue: Broadcast revenue

  total $1,051,359 · related or exempt $332,618 · unrelated business $718,741

• 2c · Program service revenue: Program/Partnership Sponsorships

  total $342,060 · unrelated business $342,060

• 2f · All other program service revenue

  total $6,384 · related or exempt $6,384 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $573,419 · excluded $573,419

• 6a · Gross rents

  personal property $152,128

• 6b · Less rental expenses

  personal property $442,747

• 6c · Rental income or loss

  real property $0 · personal property -$290,619

• 6d · Net rental income or loss

  total -$290,619 · unrelated business -$290,619

• 7a · Gross sales of assets other than inventory

  securities $47,066 · other assets $0

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

  securities $67,031 · other assets $594,906

• 7c · Gain or loss

  securities -$19,965 · other assets -$594,906

• 7d · Net gain or loss

  total -$614,871 · excluded -$614,871

• 10a · Gross sales of inventory

  $12,614

• 10b · Cost of goods sold

  $4,598

• 10c · Net income from sales of inventory

  total $8,016 · related or exempt $8,016

• 11a · Other revenue: Digital services

  total $584,380 · unrelated business $584,380

• 11d · All other revenue

  total $560,242 · related or exempt $0 · unrelated business $0 · excluded $560,242

• 11e · Other revenue, total

  $1,144,622

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $60,000 · program services $60,000

• 5 · Compensation of officers, directors and key employees

  total $1,039,662 · management and general $1,039,662

• 6 · Compensation of disqualified persons

  total $129,329 · management and general $129,329

• 7 · Other salaries and wages

  total $12,825,911 · program services $9,434,829 · management and general $1,196,276 · fundraising $2,194,806

• 8 · Pension plan contributions

  total $490,614 · program services $352,942 · management and general $48,660 · fundraising $89,012

• 9 · Other employee benefits

  total $4,735,124 · program services $3,239,334 · management and general $694,538 · fundraising $801,252

• 10 · Payroll taxes

  total $1,192,019 · program services $814,117 · management and general $184,610 · fundraising $193,292

• 11b · Fees: legal

  total $223,559 · program services $120,104 · management and general $92,760 · fundraising $10,695

• 11c · Fees: accounting

  total $152,336 · management and general $152,336

• 11e · Fees: professional fundraising services

  total $853,613 · fundraising $853,613

• 11g · Fees: other

  total $3,180,530 · program services $2,340,380 · management and general $260,084 · fundraising $580,066

• 12 · Advertising and promotion

  total $3,074,254 · program services $2,876,083 · management and general $2,245 · fundraising $195,926

• 13 · Office expenses

  total $426,728 · program services $112,089 · management and general $4,365 · fundraising $310,274

• 14 · Information technology

  total $434,298 · program services $343,094 · management and general $40,255 · fundraising $50,949

• 16 · Occupancy

  total $2,450,515 · program services $2,392,822 · management and general $22,469 · fundraising $35,224

• 17 · Travel

  total $791,893 · program services $528,032 · management and general $130,925 · fundraising $132,936

• 19 · Conferences, conventions and meetings

  total $53,715 · program services $32,552 · management and general $14,407 · fundraising $6,756

• 20 · Interest

  total $90,239 · program services $75,761 · management and general $6,538 · fundraising $7,940

• 22 · Depreciation, depletion and amortization

  total $744,911 · program services $629,073 · management and general $49,600 · fundraising $66,238

• 23 · Insurance

  total $251,891 · program services $195,561 · management and general $26,151 · fundraising $30,179

• 24a · Other expenses: Taxes, Licenses, and Fees

  total $1,410,515 · program services $718,104 · management and general $23,318 · fundraising $669,093

• 24b · Other expenses: Dues, Memberships, and Subscriptions

  total $1,204,983 · program services $816,427 · management and general $233,318 · fundraising $155,238

• 24c · Other expenses: Telecommunication

  total $540,418 · program services $495,318 · management and general $23,586 · fundraising $21,514

• 24d · Other expenses: Catering, Meals and Entertainment

  total $355,266 · program services $218,072 · management and general $32,040 · fundraising $105,154

• 24e · All other expenses

  total $1,257,439 · program services $785,757 · management and general $188,286 · fundraising $283,396

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $11,296,715 · end of year $1,271,514

• 2 · Savings and temporary cash investments

  beginning of year $11,448,731 · end of year $22,723,556

• 3 · Pledges and grants receivable

  beginning of year $11,795,975 · end of year $2,820,081

• 4 · Accounts receivable

  beginning of year $293,111 · end of year $1,008,326

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  beginning of year $110,258 · end of year $131,532

• 8 · Inventories for sale or use

  beginning of year $20,658 · end of year $17,581

• 9 · Prepaid expenses and deferred charges

  beginning of year $490,586 · end of year $896,446

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

  $21,380,853

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

  $12,547,818

• 10c · Land, buildings and equipment, net

  beginning of year $8,059,568 · end of year $8,833,035

• 11 · Investments: publicly traded securities

  beginning of year $2,075,241 · end of year $2,197,633

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $32,885,427 · end of year $33,848,698

• 15 · Other assets

  beginning of year $47,424 · end of year $10,636,022

• 17 · Accounts payable and accrued expenses

  beginning of year $2,932,399 · end of year $2,616,428

• 19 · Deferred revenue

  beginning of year $1,078,961 · end of year $1,384,916

• 22 · Loans and payables to officers and key people

  end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $2,764,719 · end of year $2,204,228

• 25 · Other liabilities

  beginning of year $0 · end of year $10,880,204

• 27 · Net assets without donor restrictions

  beginning of year $53,501,737 · end of year $54,827,118

• 28 · Net assets with donor restrictions

  beginning of year $18,245,878 · end of year $12,471,530

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions

Travel for companions - Officers of the corporation are provided travel for spouses for certain business-related trip when there is a legitimate business need. Travel expenses for spouses are paid for by the organization only when the individual will be performing a specific business function during the trip. Expenses of this nature are treated as non-taxable business expenses.

Schedule J, Part I, Line 4a Severance or change-of-control payment

Elaine Welcome received a severance payment of $98,000 in 2022.

Schedule J, Part I, Line 7 Non-fixed payments

The Board awarded non-fixed payments in the form of a bonus to certain officers and highest compensated employees. Amounts were awarded at the Board's discretion and were based on individual performance.