Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $36,053,365

• 1f · All other contributions, gifts and grants

  $200,035

• 3 · Investment income

  total $65,919 · excluded $65,919

• 7a · Gross sales of assets other than inventory

  securities $176,549

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

  securities $133,461

• 7c · Gain or loss

  securities $43,088

• 7d · Net gain or loss

  total $43,088 · excluded $43,088

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,445,529 · program services $1,445,529

• 3 · Grants to foreign organizations and individuals

  total $12,805,190 · program services $12,805,190

• 5 · Compensation of officers, directors and key employees

  total $531,677 · management and general $531,677

• 7 · Other salaries and wages

  total $7,439,504 · program services $5,161,316 · management and general $2,278,188

• 8 · Pension plan contributions

  total $213,837 · program services $156,937 · management and general $56,900

• 9 · Other employee benefits

  total $912,224 · program services $635,444 · management and general $276,780

• 10 · Payroll taxes

  total $448,478 · program services $293,507 · management and general $154,971

• 11b · Fees: legal

  total $79,500 · program services $70,393 · management and general $9,107

• 11c · Fees: accounting

  total $136,561 · program services $120,918 · management and general $15,643

• 11f · Fees: investment management

  total $11,420 · management and general $11,420

• 11g · Fees: other

  total $7,898,635 · program services $6,885,902 · management and general $1,012,733

• 12 · Advertising and promotion

  total $2,394 · program services $1,075 · management and general $1,319

• 13 · Office expenses

  total $308,055 · program services $135,466 · management and general $172,589

• 14 · Information technology

  total $409,617 · program services $152,773 · management and general $256,844

• 16 · Occupancy

  total $470,070 · program services $349,105 · management and general $120,965

• 17 · Travel

  total $1,571,703 · program services $1,382,978 · management and general $188,725

• 19 · Conferences, conventions and meetings

  total $261,558 · program services $246,467 · management and general $15,091

• 22 · Depreciation, depletion and amortization

  total $46,602 · program services $20,926 · management and general $25,676

• 23 · Insurance

  total $85,429 · program services $31,862 · management and general $53,567

• 24a · Other expenses: TUITION AND FEES

  total $1,263,702 · program services $1,263,702

• 24b · Other expenses: PARTICIPANT STIPEND

  total $376,129 · program services $376,129

• 24c · Other expenses: EQUIPMENT

  total $106,727 · program services $39,806 · management and general $66,921

• 24d · Other expenses: TAXES AND LICENSES

  total $46,255 · program services $17,252 · management and general $29,003

• 24e · All other expenses

  total $68,742 · program services $36,934 · management and general $31,808

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,051,098 · end of year $931,208

• 2 · Savings and temporary cash investments

  beginning of year $257,168 · end of year $14,217

• 3 · Pledges and grants receivable

  beginning of year $1,373,575 · end of year $1,734,117

• 9 · Prepaid expenses and deferred charges

  beginning of year $174,813 · end of year $318,268

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

  $706,095

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

  $267,721

• 10c · Land, buildings and equipment, net

  beginning of year $506,852 · end of year $438,374

• 11 · Investments: publicly traded securities

  beginning of year $1,161,498 · end of year $1,540,271

• 15 · Other assets

  beginning of year $1,285,332 · end of year $1,033,577

• 17 · Accounts payable and accrued expenses

  beginning of year $1,203,276 · end of year $1,250,627

• 18 · Grants payable

  beginning of year $658,503 · end of year $415,185

• 25 · Other liabilities

  beginning of year $3,682,842 · end of year $2,261,614

• 27 · Net assets without donor restrictions

  beginning of year $2,256,047 · end of year $2,069,569

• 28 · Net assets with donor restrictions

  beginning of year $9,668 · end of year $13,037

The filer's explanations (Part III)

PART I, LINE 7

ALL BONUS PAYMENTS INCLUDED ABOVE ARE NON-FIXED YEAR-END BONUSES AND ARE PROVIDED TO THE EMPLOYEES IN RECOGNITION OF OVERALL PERFORMANCE BASED ON THE DISCRETION OF THE PRESIDENT.