Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $733,403

• 1f · All other contributions, gifts and grants

  $1,320,971

• 1g · Noncash contributions included above

  $356,998

• 3 · Investment income

  total $163,568 · excluded $163,568

• 7a · Gross sales of assets other than inventory

  securities $882,273

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

  securities $560,174

• 7c · Gain or loss

  securities $322,099

• 7d · Net gain or loss

  total $322,099 · excluded $322,099

• 8a · Fundraising events: gross income

  $447,375

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

  $733,403

• 8b · Fundraising events: direct expenses

  $539,781

• 8c · Net income from fundraising events

  total -$92,406 · excluded -$92,406

• 11d · All other revenue

  total $8,906 · excluded $8,906

• 11e · Other revenue, total

  $8,906

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $629,636 · program services $629,636

• 3 · Grants to foreign organizations and individuals

  total $76,449 · program services $76,449

• 11a · Fees: management

  total $775,000 · program services $564,740 · management and general $210,260

• 11c · Fees: accounting

  total $31,500 · management and general $31,500

• 11f · Fees: investment management

  total $43,921 · management and general $43,921

• 11g · Fees: other

  total $39,952 · management and general $16,173 · fundraising $23,779

• 13 · Office expenses

  total $13,298 · program services $315 · management and general $12,983

• 14 · Information technology

  total $11,094 · management and general $11,094

• 17 · Travel

  total $357,745 · program services $92,602 · management and general $265,143

• 19 · Conferences, conventions and meetings

  total $286,267 · program services $12,304 · management and general $273,963

• 20 · Interest

  total $117,689 · management and general $117,689

• 23 · Insurance

  total $5,239 · management and general $5,239

• 24a · Other expenses: OTHER - GIFTS & GRATUIT

  total $25,375 · management and general $25,375

• 24b · Other expenses: LOGO MERCHANDISE

  total $13,023 · management and general $13,023

• 24c · Other expenses: OTHER - DUES

  total $1,602 · management and general $1,602

• 24e · All other expenses

  total $21,179 · management and general $21,179

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $139,268 · end of year $36,330

• 2 · Savings and temporary cash investments

  beginning of year $407,896

• 3 · Pledges and grants receivable

  beginning of year $82,984 · end of year $110,066

• 4 · Accounts receivable

  beginning of year $163,054 · end of year $806,438

• 9 · Prepaid expenses and deferred charges

  beginning of year $43,944 · end of year $763

• 11 · Investments: publicly traded securities

  beginning of year $6,909,602 · end of year $5,657,313

• 15 · Other assets

  beginning of year $789,710 · end of year $564,447

• 17 · Accounts payable and accrued expenses

  beginning of year $1,404,914 · end of year $118,223

• 19 · Deferred revenue

  beginning of year $436,975 · end of year $974,856

• 21 · Escrow or custodial account liability

  beginning of year $17,931

• 25 · Other liabilities

  beginning of year $2,000,000 · end of year $1,000,000

• 27 · Net assets without donor restrictions

  beginning of year $4,494,010 · end of year $4,899,650

• 28 · Net assets with donor restrictions

  beginning of year $182,628 · end of year $182,628

The filer's explanations (Part III)

PART I, LINE 3

THE COMPENSATION OF THE PRESIDENT & CEO IS DETERMINED BY THE PROFESSIONAL CONVENTION MANAGEMENT ASSOCIATION, A RELATED ORGANIZATION. THE FOLLOWING WERE USED BY THE PROFESSIONAL CONVENTION MANAGEMENT ASSOCIATION IN DETERMINING THE COMPENSATION OF THE PRESIDENT & CEO: (1) COMPENSATION SURVEY OR STUDY, AND (2) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• PCMA SERVICES INC

  C · MAGAZINE PUBLISHER · AL · controlled entity