Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $538,772

• 1c · Fundraising events

  $2,657,789

• 1f · All other contributions, gifts and grants

  $13,687,873

• 1g · Noncash contributions included above

  $819,184

• 3 · Investment income

  total $318,392 · excluded $318,392

• 6a · Gross rents

  real property $154,273

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $154,273

• 6d · Net rental income or loss

  total $154,273 · excluded $154,273

• 7a · Gross sales of assets other than inventory

  securities $7,474,152

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

  securities $6,048,085

• 7c · Gain or loss

  securities $1,426,067

• 7d · Net gain or loss

  total $1,426,067 · excluded $1,426,067

• 8a · Fundraising events: gross income

  $125,503

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

  $2,657,789

• 8b · Fundraising events: direct expenses

  $749,297

• 8c · Net income from fundraising events

  total -$623,794 · excluded -$623,794

• 10a · Gross sales of inventory

  $2,041

• 10b · Cost of goods sold

  $3,206

• 10c · Net income from sales of inventory

  total -$1,165 · excluded -$1,165

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $686,711 · program services $343,355 · management and general $171,678 · fundraising $171,678

• 7 · Other salaries and wages

  total $1,781,913 · program services $1,168,380 · management and general $338,703 · fundraising $274,830

• 9 · Other employee benefits

  total $109,143 · program services $72,111 · management and general $23,245 · fundraising $13,787

• 10 · Payroll taxes

  total $177,255 · program services $110,141 · management and general $41,136 · fundraising $25,978

• 11b · Fees: legal

  total $161,790 · management and general $161,790

• 11c · Fees: accounting

  total $54,241 · management and general $54,241

• 11g · Fees: other

  total $993,394 · program services $828,590 · management and general $20,705 · fundraising $144,099

• 12 · Advertising and promotion

  total $751,395 · program services $362,116 · management and general $6,129 · fundraising $383,150

• 13 · Office expenses

  total $848,786 · program services $574,783 · management and general $227,869 · fundraising $46,134

• 14 · Information technology

  total $24,606 · program services $15,725 · management and general $8,881

• 16 · Occupancy

  total $281,927 · program services $64,453 · management and general $217,156 · fundraising $318

• 17 · Travel

  total $122,301 · program services $95,221 · management and general $15,407 · fundraising $11,673

• 20 · Interest

  total $56 · management and general $56

• 22 · Depreciation, depletion and amortization

  total $222,834 · program services $182,197 · management and general $40,637

• 23 · Insurance

  total $146,600 · program services $103,311 · management and general $37,307 · fundraising $5,982

• 24a · Other expenses: EXHIBITS AND PREVIEWS

  total $619,041 · program services $619,041

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $92,166 · program services $36,411 · management and general $22,682 · fundraising $33,073

• 24c · Other expenses: TAXES AND LICENSES

  total $66,999 · program services $3,534 · management and general $19,195 · fundraising $44,270

• 24d · Other expenses: REPAIRS AND MAINTENANCE

  total $26,983 · program services $26,983

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,448,440 · end of year $1,133,332

• 2 · Savings and temporary cash investments

  beginning of year $139,191 · end of year $182,837

• 4 · Accounts receivable

  beginning of year $17,847,088 · end of year $21,341,042

• 8 · Inventories for sale or use

  beginning of year $7,526 · end of year $58,888

• 9 · Prepaid expenses and deferred charges

  beginning of year $105,543 · end of year $269,401

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

  $95,346,294

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

  $337,891

• 10c · Land, buildings and equipment, net

  beginning of year $56,397,135 · end of year $95,008,403

• 11 · Investments: publicly traded securities

  beginning of year $13,349,889 · end of year $9,502,439

• 12 · Investments: other securities

  beginning of year $2,985,935 · end of year $3,158,109

• 15 · Other assets

  beginning of year $1,896,853 · end of year $3,611,843

• 17 · Accounts payable and accrued expenses

  beginning of year $540,923 · end of year $3,592,839

• 20 · Tax-exempt bond liabilities

  beginning of year $3,841,867 · end of year $33,735,146

• 24 · Unsecured notes and loans payable

  beginning of year $3,650,000 · end of year $3,000,000

• 25 · Other liabilities

  beginning of year $1,020,000 · end of year $2,560,356

• 27 · Net assets without donor restrictions

  beginning of year $30,801,370 · end of year $61,221,351

• 28 · Net assets with donor restrictions

  beginning of year $54,323,440 · end of year $30,156,602

The filer's explanations (Part III)

PART I, LINE 5:

HEIDI ZUCKERMAN FORMULAIC BONUS OF $155,000 IN APRIL 2023 AND $50,000 IN OCTOBER 2023. CONSISTENT WITH THE TERMS OF EMPLOYMENT AGREEMENT, THIS ORGANIZATION PAID THIS CEO & DIRECTOR THESE BONUSES BASED ON GIFTS AND PLEDGES SOURCED.