Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $8,750

• 1f · All other contributions, gifts and grants

  $34,531,990

• 3 · Investment income

  total $261,226 · excluded $261,226

• 7a · Gross sales of assets other than inventory

  securities $4,402,411

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

  securities $3,818,863

• 7c · Gain or loss

  securities $583,548

• 7d · Net gain or loss

  total $583,548 · excluded $583,548

• 8a · Fundraising events: gross income

  $59,635

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

  $8,750

• 8b · Fundraising events: direct expenses

  $90,004

• 8c · Net income from fundraising events

  total -$30,369 · excluded -$30,369

• 10a · Gross sales of inventory

  $6,781

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $6,781 · related or exempt $6,781

• 11a · Other revenue: INSTITUTE PROGRAMS

  total $185,000 · excluded $185,000

• 11b · Other revenue: MEMBERSHIP REVENUE

  total $6,323 · excluded $6,323

• 11e · Other revenue, total

  $191,323

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,026,387 · program services $1,028,764 · management and general $697,694 · fundraising $299,929

• 7 · Other salaries and wages

  total $1,258,930 · program services $639,138 · management and general $433,455 · fundraising $186,337

• 8 · Pension plan contributions

  total $167,648 · program services $85,112 · management and general $57,722 · fundraising $24,814

• 9 · Other employee benefits

  total $437,233 · program services $221,976 · management and general $150,541 · fundraising $64,716

• 10 · Payroll taxes

  total $211,017 · program services $107,130 · management and general $72,654 · fundraising $31,233

• 11b · Fees: legal

  total $87,776 · program services $5,293 · management and general $65,055 · fundraising $17,428

• 11c · Fees: accounting

  total $174,096 · management and general $174,096

• 11e · Fees: professional fundraising services

  total $97,519 · fundraising $97,519

• 11g · Fees: other

  total $2,064,371 · program services $464,282 · management and general $1,293,501 · fundraising $306,588

• 12 · Advertising and promotion

  total $222,159 · program services $12,951 · management and general $5,321 · fundraising $203,887

• 13 · Office expenses

  total $449,369 · program services $95,709 · management and general $294,830 · fundraising $58,830

• 17 · Travel

  total $768,788 · program services $351,358 · management and general $48,750 · fundraising $368,680

• 19 · Conferences, conventions and meetings

  total $1,399,703 · program services $387,338 · management and general $719,328 · fundraising $293,037

• 20 · Interest

  total $13,573 · management and general $13,573

• 22 · Depreciation, depletion and amortization

  total $269,417 · management and general $269,417

• 23 · Insurance

  total $55,970 · management and general $55,970

• 24a · Other expenses: EQUIPMENT RENTAL AND MA

  total $10,629 · management and general $10,629

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $26,219,657 · end of year $3,111,168

• 2 · Savings and temporary cash investments

  beginning of year $3,623,440 · end of year $917,871

• 3 · Pledges and grants receivable

  beginning of year $62,900,725 · end of year $55,179,541

• 8 · Inventories for sale or use

  beginning of year $4,887 · end of year $11,959

• 9 · Prepaid expenses and deferred charges

  beginning of year $17,972 · end of year $47,630

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

  $6,431,329

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

  $335,551

• 10c · Land, buildings and equipment, net

  beginning of year $6,158,807 · end of year $6,095,778

• 15 · Other assets

  beginning of year $50,785,012 · end of year $108,409,839

• 17 · Accounts payable and accrued expenses

  beginning of year $7,979,515 · end of year $6,408,966

• 27 · Net assets without donor restrictions

  beginning of year $57,200,827 · end of year $88,989,697

• 28 · Net assets with donor restrictions

  beginning of year $84,530,158 · end of year $78,375,123

The filer's explanations (Part III)

PART I, LINE 3

CEO COMPENSATION WAS REVIEWED AND DISCUSSED BY THE BOARD OF DIRECTORS. INDEPENDENT INFORMATION WAS GATHERED FOR COMPARABLE POSITIONS. COMPENSATION WAS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS.