Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,510,129

• 1e · Government grants (contributions)

  $12,225,075

• 1f · All other contributions, gifts and grants

  $559,730

• 2a · Program service revenue: DUES AND FEES

  total $27,382,793 · related or exempt $27,382,793

• 2b · Program service revenue: TUTION AND REGISTRATION

  total $6,828,253 · related or exempt $6,828,253

• 2c · Program service revenue: PUBLIC SERVICES

  total $5,013,592 · related or exempt $4,957,589 · unrelated business $56,003

• 2d · Program service revenue: PUBLICATIONS

  total $2,477,252 · related or exempt $2,430,391 · unrelated business $46,861

• 3 · Investment income

  total $1,328,628 · unrelated business $36 · excluded $1,328,592

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $8,195,498 · unrelated business $135,730 · excluded $8,059,768

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

  total $0

• 7a · Gross sales of assets other than inventory

  securities $3,185,282

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

  securities $2,827,254

• 7c · Gain or loss

  securities $358,028

• 7d · Net gain or loss

  total $358,028 · excluded $358,028

• 8a · Fundraising events: gross income

  $0

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $90,640 · related or exempt $90,640

• 11b · Other revenue: RENTAL AND ADVERTISING

  total $42,312 · related or exempt $42,312

• 11e · Other revenue, total

  $132,952

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $52,400

• 2 · Grants to domestic individuals

  total $26,606

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $4,326,707

• 6 · Compensation of disqualified persons

  total $152,000

• 7 · Other salaries and wages

  total $13,909,925

• 8 · Pension plan contributions

  total $32,594

• 9 · Other employee benefits

  total $2,253,615

• 10 · Payroll taxes

  total $2,530,406

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $5,500

• 11d · Fees: lobbying

  total $1,006,045

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $188,028

• 11g · Fees: other

  total $12,585,378

• 12 · Advertising and promotion

  total $0

• 13 · Office expenses

  total $2,001,650

• 14 · Information technology

  total $370,394

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $4,060,071

• 17 · Travel

  total $3,060,361

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $8,377,189

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $474,693

• 23 · Insurance

  total $0

• 24a · Other expenses: DUES & SUBSCRIPTIONS

  total $3,068,485

• 24b · Other expenses: STIPENDS/HONORARIA

  total $1,746,767

• 24c · Other expenses: INDIRECT COSTS

  total $986,356

• 24d · Other expenses: GIFTS/AWARDS

  total $140,904

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $28,954,970 · end of year $9,804,401

• 2 · Savings and temporary cash investments

  beginning of year $0 · end of year $0

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $1,613,937 · end of year $1,192,108

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $147,099 · end of year $213,737

• 8 · Inventories for sale or use

  beginning of year $149,206 · end of year $149,206

• 9 · Prepaid expenses and deferred charges

  beginning of year $711,878 · end of year $395,507

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

  $5,984,991

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

  $5,032,036

• 10c · Land, buildings and equipment, net

  beginning of year $1,350,463 · end of year $952,955

• 11 · Investments: publicly traded securities

  beginning of year $58,327,664 · end of year $48,044,700

• 12 · Investments: other securities

  beginning of year $10,786,861 · end of year $9,892,575

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 14 · Intangible assets

  beginning of year $4,067,889 · end of year $4,067,889

• 15 · Other assets

  beginning of year $2,795 · end of year $1,100,862

• 17 · Accounts payable and accrued expenses

  beginning of year $4,302,996 · end of year $5,119,112

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $22,591,878 · end of year $14,868,389

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $34,027,449 · end of year $17,463,278

• 27 · Net assets without donor restrictions

  beginning of year $44,944,382 · end of year $38,200,795

• 28 · Net assets with donor restrictions

  beginning of year $246,057 · end of year $162,366

Itemized on Schedule J with no Part VII listing of the same name on this return:

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4:

MS. DIEDRA BARKSDALE RECEIVED $150,000 AS SEVERANCE PAYMENT. THE TERMS AND CONDITIONS WERE CONSISTENT WITH INDUSTRY STANDARDS.

SCHEDULE J, PART I, LINE 4A:

MS. DEIDRA BARKSDALE RECEIVED $2,000 FROM 457(F) NONQUALIFIED RETIREMENT PLAN. THE TERMS AND CONDITIONS WERE CONSISTENT WITH INDUSTRY STANDARDS.