Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,153,063

• 1g · Noncash contributions included above

  $132,202

• 3 · Investment income

  total $2,304,017 · excluded $2,304,017

• 7a · Gross sales of assets other than inventory

  securities $48,080,940

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

  securities $48,640,041

• 7c · Gain or loss

  securities -$559,101

• 7d · Net gain or loss

  total -$559,101 · excluded -$559,101

• 11d · All other revenue

  total $299,966 · related or exempt $299,966

• 11e · Other revenue, total

  $299,966

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $147,523 · program services $147,523

• 2 · Grants to domestic individuals

  total $2,344,031 · program services $2,344,031

• 11c · Fees: accounting

  total $167,548 · management and general $167,548

• 11e · Fees: professional fundraising services

  total $48,000 · fundraising $48,000

• 11f · Fees: investment management

  total $483,347 · management and general $483,347

• 11g · Fees: other

  total $2,027,355 · program services $1,972,509 · management and general $51,746 · fundraising $3,100

• 12 · Advertising and promotion

  total $60,540 · program services $56,320 · fundraising $4,220

• 13 · Office expenses

  total $52,759 · program services $10,688 · management and general $10,906 · fundraising $31,165

• 14 · Information technology

  total $94,206 · program services $25,575 · management and general $58,504 · fundraising $10,127

• 16 · Occupancy

  total $31,628 · program services $31,628

• 17 · Travel

  total $59,247 · program services $57,703 · management and general $268 · fundraising $1,276

• 19 · Conferences, conventions and meetings

  total $11,932 · program services $10,807 · management and general $90 · fundraising $1,035

• 23 · Insurance

  total $7,207 · management and general $7,207

• 24a · Other expenses: HOSPITALITY

  total $324,554 · program services $186,571 · management and general $9,256 · fundraising $128,727

• 24b · Other expenses: SUPPLIES

  total $289,361 · program services $214,773 · management and general $10,067 · fundraising $64,521

• 24c · Other expenses: MINOR EQUIPMENT

  total $131,632 · program services $131,632

• 24d · Other expenses: MEMBERSHIP DUES AND FEE

  total $16,195 · program services $2,305 · management and general $12,977 · fundraising $913

• 24e · All other expenses

  total $360 · fundraising $360

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,090,020 · end of year $1,326,188

• 2 · Savings and temporary cash investments

  end of year $2,774,618

• 3 · Pledges and grants receivable

  beginning of year $6,235,799 · end of year $6,538,558

• 4 · Accounts receivable

  beginning of year $22,848 · end of year $77,401

• 9 · Prepaid expenses and deferred charges

  beginning of year $31,718 · end of year $21,305

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $47,893

• 11 · Investments: publicly traded securities

  beginning of year $77,655,871 · end of year $89,820,184

• 14 · Intangible assets

  end of year $28,500

• 15 · Other assets

  beginning of year $8,558,606 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $25,382 · end of year $47,482

• 19 · Deferred revenue

  beginning of year $3,000

• 25 · Other liabilities

  beginning of year $376,244 · end of year $658,958

• 27 · Net assets without donor restrictions

  beginning of year $4,786,958 · end of year $24,155,966

• 28 · Net assets with donor restrictions

  beginning of year $89,451,171 · end of year $75,724,348

The filer's explanations (Part III)

PART I, LINE 3

CALIFORNIA STATE UNIVERSITY, CHANNEL ISLANDS, A RELATED ORGANIZATION, ESTABLISHES COMPENSATION FOR ANY INDIVIDUALS COMPENSATED BY A RELATED ORGANIZATION ON PART VII FOR CALENDAR YEAR 2023. THIS RELATED ORGANIZATION USES A COMPENSATION STUDY TO DETERMINE THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT.