Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $935,581

• 1f · All other contributions, gifts and grants

  $1,165,353

• 3 · Investment income

  total $135,085 · excluded $135,085

• 7a · Gross sales of assets other than inventory

  securities $4,410,180

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

  securities $3,951,644

• 7c · Gain or loss

  securities $458,536

• 7d · Net gain or loss

  total $458,536 · excluded $458,536

• 8a · Fundraising events: gross income

  $570,704

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

  $935,581

• 8b · Fundraising events: direct expenses

  $588,142

• 8c · Net income from fundraising events

  total -$17,438 · excluded -$17,438

• 11d · All other revenue

  total $5,645 · excluded $5,645

• 11e · Other revenue, total

  $5,645

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $604,427 · program services $604,427

• 2 · Grants to domestic individuals

  total $9,000 · program services $9,000

• 3 · Grants to foreign organizations and individuals

  total $75,817 · program services $75,817

• 11a · Fees: management

  total $814,500 · program services $594,585 · management and general $219,915

• 11c · Fees: accounting

  total $8,955 · management and general $8,955

• 11f · Fees: investment management

  total $36,906 · management and general $36,906

• 11g · Fees: other

  total $13,380 · management and general $5,352 · fundraising $8,028

• 12 · Advertising and promotion

  total $31,304 · fundraising $31,304

• 13 · Office expenses

  total $13,861 · program services $277 · management and general $13,584

• 14 · Information technology

  total $30,314 · management and general $30,314

• 17 · Travel

  total $318,476 · program services $82,804 · management and general $235,672

• 19 · Conferences, conventions and meetings

  total $109,862 · program services $4,394 · management and general $105,468

• 20 · Interest

  total $73,970 · management and general $73,970

• 23 · Insurance

  total $10,219 · management and general $10,219

• 24a · Other expenses: GIFTS & GRATUITIES

  total $33,452 · management and general $33,452

• 24b · Other expenses: DUES

  total $2,171 · management and general $2,171

• 24e · All other expenses

  total $67,359 · management and general $67,359

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $36,330 · end of year $314,239

• 3 · Pledges and grants receivable

  beginning of year $110,066 · end of year $70,852

• 4 · Accounts receivable

  beginning of year $806,438 · end of year $282,332

• 9 · Prepaid expenses and deferred charges

  beginning of year $763 · end of year $34,452

• 11 · Investments: publicly traded securities

  beginning of year $5,657,313 · end of year $2,186,252

• 15 · Other assets

  beginning of year $564,447 · end of year $3,379,900

• 17 · Accounts payable and accrued expenses

  beginning of year $118,223 · end of year $802,430

• 19 · Deferred revenue

  beginning of year $974,856 · end of year $438,673

• 25 · Other liabilities

  beginning of year $1,000,000 · end of year $999,241

• 27 · Net assets without donor restrictions

  beginning of year $4,899,650 · end of year $3,125,992

• 28 · Net assets with donor restrictions

  beginning of year $182,628 · end of year $901,691

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