Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $758,050

• 1f · All other contributions, gifts and grants

  $31,802,556

• 1g · Noncash contributions included above

  $2,052,602

• 2a · Program service revenue: MEMBERSHIP DUES

  total $729,617 · related or exempt $729,617

• 2f · All other program service revenue

  total $15,200 · related or exempt $15,200

• 3 · Investment income

  total $1,799,006 · excluded $1,799,006

• 7a · Gross sales of assets other than inventory

  securities $10,340,513

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

  securities $9,411,404

• 7c · Gain or loss

  securities $929,109

• 7d · Net gain or loss

  total $929,109 · excluded $929,109

• 8a · Fundraising events: gross income

  $184,535

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

  $758,050

• 8b · Fundraising events: direct expenses

  $413,036

• 8c · Net income from fundraising events

  total -$228,501 · excluded -$228,501

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,032,508 · program services $5,032,508

• 2 · Grants to domestic individuals

  total $505,000 · program services $505,000

• 3 · Grants to foreign organizations and individuals

  total $147,884 · program services $147,884

• 5 · Compensation of officers, directors and key employees

  total $2,037,273 · program services $1,408,178 · management and general $222,298 · fundraising $406,797

• 7 · Other salaries and wages

  total $3,787,227 · program services $2,771,916 · management and general $27,486 · fundraising $987,825

• 8 · Pension plan contributions

  total $212,556 · program services $155,341 · management and general $5,745 · fundraising $51,470

• 9 · Other employee benefits

  total $604,430 · program services $424,518 · management and general $17,853 · fundraising $162,059

• 10 · Payroll taxes

  total $375,004 · program services $269,615 · management and general $15,421 · fundraising $89,968

• 11c · Fees: accounting

  total $34,050 · management and general $34,050

• 11d · Fees: lobbying

  total $20,628 · program services $20,628

• 11f · Fees: investment management

  total $150,375 · management and general $150,375

• 11g · Fees: other

  total $1,895,187 · program services $1,692,840 · management and general $18,539 · fundraising $183,808

• 12 · Advertising and promotion

  total $156,106 · program services $152,063 · management and general $3,116 · fundraising $927

• 13 · Office expenses

  total $98,337 · program services $85,479 · management and general $2,200 · fundraising $10,658

• 16 · Occupancy

  total $450,292 · program services $276,894 · management and general $98,332 · fundraising $75,066

• 17 · Travel

  total $532,364 · program services $496,316 · management and general $36,048

• 22 · Depreciation, depletion and amortization

  total $83,501 · program services $50,505 · management and general $14,569 · fundraising $18,427

• 23 · Insurance

  total $57,357 · program services $35,219 · management and general $9,775 · fundraising $12,363

• 24a · Other expenses: AFFILIATE SERVICES

  total $673,748 · program services $483,912 · management and general $28,474 · fundraising $161,362

• 24b · Other expenses: RESEARCH & TRAINING

  total $344,304 · program services $344,304

• 24c · Other expenses: PUBLIC EDUCATION

  total $175,334 · program services $175,334

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $93,241 · program services $75,307 · management and general $5,933 · fundraising $12,001

• 24e · All other expenses

  total $84,671 · program services $71,062 · management and general $10,439 · fundraising $3,170

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $5,495,823 · end of year $6,034,613

• 3 · Pledges and grants receivable

  beginning of year $1,313,885 · end of year $1,650,385

• 4 · Accounts receivable

  beginning of year $88,323 · end of year $93,400

• 7 · Other notes and loans receivable

  beginning of year $150,000 · end of year $75,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $186,745 · end of year $164,166

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

  $983,170

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

  $428,245

• 10c · Land, buildings and equipment, net

  beginning of year $616,503 · end of year $554,925

• 11 · Investments: publicly traded securities

  beginning of year $45,039,361 · end of year $62,041,546

• 12 · Investments: other securities

  beginning of year $14,592,079 · end of year $14,989,648

• 15 · Other assets

  beginning of year $1,894,303 · end of year $2,442,620

• 17 · Accounts payable and accrued expenses

  beginning of year $1,065,081 · end of year $835,424

• 18 · Grants payable

  beginning of year $1,343,020 · end of year $1,397,042

• 19 · Deferred revenue

  beginning of year $314,587 · end of year $347,223

• 25 · Other liabilities

  beginning of year $2,580,513 · end of year $2,194,387

• 27 · Net assets without donor restrictions

  beginning of year $26,670,109 · end of year $31,386,718

• 28 · Net assets with donor restrictions

  beginning of year $37,403,712 · end of year $51,885,509

The filer's explanations (Part III)

PART I, LINE 3

THE CHAIR OF THE BOARD, AS DELEGATED BY THE FULL BOARD, CONDUCTS A COMPENSATION STUDY, COMPARING THE CEO SALARY TO COMPARABLE SALARIES IN THE INDUSTRY. THE CHAIR PREPARES A PROPOSAL WHICH IS SUBMITTED TO THE EXECUTIVE COMMITTEE ALONG WITH THE RESEARCH DATA. THE EXECUTIVE COMMITTEE REVIEWS, DISCUSSES AND THEN APPROVES THE SALARY INCREASE AND SUBMITS TO THE FULL BOARD FOR APPROVAL. THEN THE CHAIR MEETS WITH THE CEO TO INFORM HER OF THE BOARD'S DECISION. THIS PROCESS TAKES PLACE ANNUALLY.