Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $887,510

• 2a · Program service revenue: DUES

  total $4,469,033 · related or exempt $4,469,033

• 2b · Program service revenue: CONFERENCES AND PROGRAMS

  total $2,424,123 · related or exempt $2,304,032 · unrelated business $120,091

• 2c · Program service revenue: JOURNALS (JOP AND CAP)

  total $850,000 · related or exempt $442,225 · unrelated business $407,775

• 2d · Program service revenue: NEWSLETTER & DIRECTORY

  total $63,715 · unrelated business $63,715

• 3 · Investment income

  total $277,800 · excluded $277,800

• 5 · Royalties

  total $1,675,595 · excluded $1,675,595

• 6a · Gross rents

  real property $49,629

• 6b · Less rental expenses

  real property $47,947

• 6c · Rental income or loss

  real property $1,682

• 6d · Net rental income or loss

  total $1,682 · related or exempt $1,682

• 7a · Gross sales of assets other than inventory

  securities $604,975

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

  securities $611,391

• 7c · Gain or loss

  securities -$6,416

• 7d · Net gain or loss

  total -$6,416 · excluded -$6,416

• 10a · Gross sales of inventory

  $28,395

• 10b · Cost of goods sold

  $9,421

• 10c · Net income from sales of inventory

  total $18,974 · related or exempt $18,974

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $369,299

• 2 · Grants to domestic individuals

  total $27,728

• 5 · Compensation of officers, directors and key employees

  total $1,075,921

• 7 · Other salaries and wages

  total $2,441,047

• 8 · Pension plan contributions

  total $180,886

• 9 · Other employee benefits

  total $318,031

• 10 · Payroll taxes

  total $246,041

• 11b · Fees: legal

  total $131,786

• 11c · Fees: accounting

  total $30,810

• 11f · Fees: investment management

  total $39,021

• 11g · Fees: other

  total $1,478,497

• 12 · Advertising and promotion

  total $1,449

• 13 · Office expenses

  total $331,125

• 14 · Information technology

  total $30,293

• 16 · Occupancy

  total $676,642

• 17 · Travel

  total $1,141,077

• 22 · Depreciation, depletion and amortization

  total $177,165

• 23 · Insurance

  total $78,544

• 24a · Other expenses: UNRELATED BUSINESS INCO

  total $107,862

• 24b · Other expenses: EQUIPMENT RENTAL AND MA

  total $1,151,727

• 24c · Other expenses: PRINTING AND PUBLICATIO

  total $371,061

• 24d · Other expenses: BANK AND CREDIT CARD FE

  total $185,998

• 24e · All other expenses

  total $2,595

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,823,519 · end of year $3,884,993

• 4 · Accounts receivable

  beginning of year $113,800 · end of year $132,603

• 8 · Inventories for sale or use

  beginning of year $46,585 · end of year $50,840

• 9 · Prepaid expenses and deferred charges

  beginning of year $234,571 · end of year $330,670

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

  $1,875,266

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

  $1,340,901

• 10c · Land, buildings and equipment, net

  beginning of year $505,563 · end of year $534,365

• 11 · Investments: publicly traded securities

  beginning of year $17,140,437 · end of year $14,605,213

• 15 · Other assets

  beginning of year $279,138 · end of year $2,704,996

• 17 · Accounts payable and accrued expenses

  beginning of year $920,961 · end of year $1,157,566

• 19 · Deferred revenue

  beginning of year $2,501,560 · end of year $2,207,399

• 25 · Other liabilities

  beginning of year $187,545 · end of year $2,704,669

• 27 · Net assets without donor restrictions

  beginning of year $18,239,723 · end of year $16,046,480

• 28 · Net assets with donor restrictions

  beginning of year $293,824 · end of year $127,566

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY USING FORM 990 OF SIMILAR ORGANIZATIONS, COMPENSATION STUDIES OF AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE), AND SPECIFICATIONS OF THE ORIGINAL WRITTEN CONTRACT.

PART I, LINE 4B

THE ACADEMY OFFERS A 457(B) PLAN TO THE EXECUTIVE DIRECTOR AND ALL KEY EMPLOYEES WHO REPORT DIRECTLY TO THE EXECUTIVE DIRECTOR AND WILL MATCH 50% OF EMPLOYEE DEFERRALS. THE EXECUTIVE DIRECTOR AND EXECUTIVE STRATEGIST EACH RECEIVED A MATCH OF $6,833. THE CHIEF FINANCIAL OFFICER RECEIVED A MATCH OF $6,828 AND THE DEPUTY EXECUTIVE DIRECTOR RECEIVED A MATCH OF $3,077.