Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $539,112

• 1f · All other contributions, gifts and grants

  $549,500

• 2a · Program service revenue: MEETINGS & EDUCATION

  total $7,187,631 · related or exempt $7,187,631

• 2b · Program service revenue: PUBLICATIONS

  total $2,581,557 · related or exempt $2,581,557

• 2c · Program service revenue: SUBSCRIPTIONS

  total $154,952 · related or exempt $154,952

• 3 · Investment income

  total $347,601 · excluded $347,601

• 7a · Gross sales of assets other than inventory

  securities $640,174

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

  securities $429,413

• 7c · Gain or loss

  securities $210,761

• 7d · Net gain or loss

  total $210,761 · excluded $210,761

• 11a · Other revenue: OTHER REVENUE

  total $128,922 · excluded $128,922

• 11e · Other revenue, total

  $128,922

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $22,069

• 3 · Grants to foreign organizations and individuals

  total $2,750

• 5 · Compensation of officers, directors and key employees

  total $520,131

• 7 · Other salaries and wages

  total $2,136,212

• 8 · Pension plan contributions

  total $123,174

• 9 · Other employee benefits

  total $173,125

• 10 · Payroll taxes

  total $286,346

• 11b · Fees: legal

  total $268,004

• 11c · Fees: accounting

  total $55,810

• 11f · Fees: investment management

  total $25,609

• 11g · Fees: other

  total $1,136,953

• 12 · Advertising and promotion

  total $59,778

• 13 · Office expenses

  total $494,944

• 14 · Information technology

  total $631,038

• 16 · Occupancy

  total $157,352

• 17 · Travel

  total $704,567

• 19 · Conferences, conventions and meetings

  total $1,706,759

• 20 · Interest

  total $79,864

• 22 · Depreciation, depletion and amortization

  total $135,599

• 24a · Other expenses: AUDIO & VISUAL

  total $1,967,641

• 24b · Other expenses: HONORAIA

  total $704,450

• 24c · Other expenses: PRINTING & PUBLICATIONS

  total $134,532

• 24d · Other expenses: MISCELLANEOUS

  total $6,350

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $617,232 · end of year $383,635

• 2 · Savings and temporary cash investments

  beginning of year $20,325 · end of year $25,115

• 4 · Accounts receivable

  beginning of year $283,258 · end of year $767,979

• 9 · Prepaid expenses and deferred charges

  beginning of year $797,290 · end of year $652,104

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

  $569,224

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

  $429,934

• 10c · Land, buildings and equipment, net

  beginning of year $274,889 · end of year $139,290

• 11 · Investments: publicly traded securities

  beginning of year $11,616,628 · end of year $12,849,458

• 15 · Other assets

  beginning of year $4,280,906 · end of year $2,216,795

• 17 · Accounts payable and accrued expenses

  beginning of year $1,003,374 · end of year $874,898

• 19 · Deferred revenue

  beginning of year $1,393,391 · end of year $845,913

• 23 · Secured mortgages and notes payable

  beginning of year $1,520,000 · end of year $1,765,000

• 25 · Other liabilities

  beginning of year $1,154,437 · end of year $2,654,359

• 27 · Net assets without donor restrictions

  beginning of year $12,819,326 · end of year $10,894,206

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE COMMITTEE MEETS ANNUALLY TO DETERMINE THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED UPON A REVIEW OF PERFORMANCE COMPARED TO OBJECTIVES ESTABLISHED AT THE BEGINNING OF THE YEAR BY THE EXECUTIVE COMMITTEE, BOARD, AND THE CHIEF EXECUTIVE OFFICER. FOLLOWING THE EXECUTIVE COMMITTEE'S RECOMMENDATION, THE FULL BOARD VOTES TO APPROVE THE RECOMMENDED COMPENSATION.