Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $1,108,984

• 1c · Fundraising events

  $1,146,137

• 1d · Related organizations

  $136,839

• 1e · Government grants (contributions)

  $405,081

• 1f · All other contributions, gifts and grants

  $3,779,655

• 1g · Noncash contributions included above

  $134,610

• 2a · Program service revenue: ADMISSIONS

  total $1,442,614 · related or exempt $1,442,614

• 2b · Program service revenue: PRIVATE USE FEES

  total $805,532 · related or exempt $805,532

• 2c · Program service revenue: FAIR INCOME

  total $220,756 · related or exempt $220,756

• 2d · Program service revenue: EDUCATION FEES

  total $18,535 · related or exempt $18,535

• 3 · Investment income

  total $277,025 · excluded $277,025

• 5 · Royalties

  total $540 · excluded $540

• 7a · Gross sales of assets other than inventory

  securities $5,023,803

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

  securities $4,989,244

• 7c · Gain or loss

  securities $34,559

• 7d · Net gain or loss

  total $34,559 · excluded $34,559

• 8a · Fundraising events: gross income

  $147,959

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

  $1,146,137

• 8b · Fundraising events: direct expenses

  $205,650

• 8c · Net income from fundraising events

  total -$57,691 · excluded -$57,691

• 9a · Gaming: gross income

  $6,002

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $6,002 · excluded $6,002

• 10a · Gross sales of inventory

  $3,045,830

• 10b · Cost of goods sold

  $1,537,888

• 10c · Net income from sales of inventory

  total $1,507,942 · related or exempt $1,507,942

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $984,088 · program services $250,356 · management and general $348,100 · fundraising $385,632

• 7 · Other salaries and wages

  total $4,185,280 · program services $3,336,485 · management and general $476,376 · fundraising $372,419

• 9 · Other employee benefits

  total $291,986 · program services $257,793 · management and general $21,873 · fundraising $12,320

• 10 · Payroll taxes

  total $357,995 · program services $264,492 · management and general $48,824 · fundraising $44,679

• 11b · Fees: legal

  total $2,969 · management and general $2,969

• 11c · Fees: accounting

  total $76,010 · management and general $76,010

• 11f · Fees: investment management

  total $108,624 · management and general $108,624

• 11g · Fees: other

  total $1,495,104 · program services $905,989 · management and general $470,252 · fundraising $118,863

• 12 · Advertising and promotion

  total $397,094 · program services $127,549 · management and general $269,305 · fundraising $240

• 13 · Office expenses

  total $438,492 · program services $198,981 · management and general $38,489 · fundraising $201,022

• 14 · Information technology

  total $157,163 · program services $56,028 · management and general $63,552 · fundraising $37,583

• 16 · Occupancy

  total $626,043 · program services $518,252 · management and general $91,101 · fundraising $16,690

• 17 · Travel

  total $56,539 · program services $20,631 · management and general $17,595 · fundraising $18,313

• 20 · Interest

  total $51,496 · management and general $51,496

• 22 · Depreciation, depletion and amortization

  total $1,280,727 · program services $1,178,269 · management and general $64,036 · fundraising $38,422

• 24a · Other expenses: EXHIBITIONS

  total $711,700 · program services $711,700

• 24b · Other expenses: FESTIVALS

  total $510,686 · program services $510,686

• 24c · Other expenses: DUES, LICENSES, AND SUB

  total $353,750 · program services $33,121 · management and general $313,800 · fundraising $6,829

• 24d · Other expenses: SUPPLIES

  total $256,889 · program services $210,863 · management and general $29,111 · fundraising $16,915

• 24e · All other expenses

  total $343,578 · program services $161,301 · management and general $114,767 · fundraising $67,510

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,837,341 · end of year $525,464

• 2 · Savings and temporary cash investments

  beginning of year $6,335,982 · end of year $3,082,310

• 3 · Pledges and grants receivable

  beginning of year $240,000 · end of year $1,199,336

• 4 · Accounts receivable

  beginning of year $3,239 · end of year $4,746

• 8 · Inventories for sale or use

  beginning of year $1,121,672 · end of year $1,317,987

• 9 · Prepaid expenses and deferred charges

  beginning of year $173,374 · end of year $214,198

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

  $47,556,077

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

  $33,106,238

• 10c · Land, buildings and equipment, net

  beginning of year $14,189,673 · end of year $14,449,839

• 11 · Investments: publicly traded securities

  beginning of year $10,527,392 · end of year $12,134,527

• 12 · Investments: other securities

  beginning of year $83,412 · end of year $88,272

• 15 · Other assets

  beginning of year $0 · end of year $171,420

• 17 · Accounts payable and accrued expenses

  beginning of year $1,441,704 · end of year $1,168,843

• 19 · Deferred revenue

  beginning of year $636,287 · end of year $591,109

• 23 · Secured mortgages and notes payable

  beginning of year $844,175 · end of year $444,175

• 25 · Other liabilities

  beginning of year $107,671 · end of year $257,926

• 27 · Net assets without donor restrictions

  beginning of year $21,352,208 · end of year $18,907,035

• 28 · Net assets with donor restrictions

  beginning of year $10,130,040 · end of year $11,819,011

The filer's explanations (Part III)

PART I, LINE 4A

TRICIA SHIELDS, FORMER CFO, RECEIVED SEVERANCE OF $15,984 UPON HER SEPARATION FROM THE MUSEUM.