Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $3,311,076

• 1f · All other contributions, gifts and grants

  $482,081

• 2a · Program service revenue: EDUCATIONAL

  total $3,926,744 · related or exempt $3,926,744

• 2b · Program service revenue: PUBLISHING

  total $1,060,006 · related or exempt $939,916 · unrelated business $120,090

• 2c · Program service revenue: SERVICE INCOME

  total $740,587 · related or exempt $740,587

• 2d · Program service revenue: PLACEMENT BULLETIN

  total $679,550 · unrelated business $679,550

• 3 · Investment income

  total $518,969 · excluded $518,969

• 5 · Royalties

  total $1,227,698 · excluded $1,227,698

• 7a · Gross sales of assets other than inventory

  securities $430,306

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

  securities $343,571

• 7c · Gain or loss

  securities $86,735

• 7d · Net gain or loss

  total $86,735 · excluded $86,735

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $445,178 · program services $445,178

• 2 · Grants to domestic individuals

  total $230,138 · program services $230,138

• 3 · Grants to foreign organizations and individuals

  total $43,500 · program services $43,500

• 5 · Compensation of officers, directors and key employees

  total $1,296,805 · program services $839,339 · management and general $453,616 · fundraising $3,850

• 7 · Other salaries and wages

  total $2,968,002 · program services $1,920,471 · management and general $1,038,706 · fundraising $8,825

• 8 · Pension plan contributions

  total $251,934 · program services $163,302 · management and general $87,889 · fundraising $743

• 9 · Other employee benefits

  total $237,476 · program services $153,931 · management and general $82,845 · fundraising $700

• 10 · Payroll taxes

  total $292,371 · program services $189,514 · management and general $101,996 · fundraising $861

• 11b · Fees: legal

  total $22,950 · program services $21,034 · management and general $1,896 · fundraising $20

• 11c · Fees: accounting

  total $58,940 · program services $54,018 · management and general $4,871 · fundraising $51

• 11d · Fees: lobbying

  total $95,135 · program services $95,135

• 11f · Fees: investment management

  total $60,367 · management and general $60,367

• 11g · Fees: other

  total $1,760,632 · program services $1,470,205 · management and general $276,365 · fundraising $14,062

• 12 · Advertising and promotion

  total $46,002 · program services $46,002

• 13 · Office expenses

  total $454,538 · program services $425,855 · management and general $26,878 · fundraising $1,805

• 16 · Occupancy

  total $348,966 · program services $260,556 · management and general $87,497 · fundraising $913

• 17 · Travel

  total $760,166 · program services $758,842 · management and general $1,310 · fundraising $14

• 19 · Conferences, conventions and meetings

  total $1,265,378 · program services $1,227,270 · management and general $7,312 · fundraising $30,796

• 20 · Interest

  total $97,761 · program services $61,052 · management and general $36,330 · fundraising $379

• 22 · Depreciation, depletion and amortization

  total $374,863 · program services $238,008 · management and general $135,442 · fundraising $1,413

• 23 · Insurance

  total $127,212 · program services $115,426 · management and general $11,664 · fundraising $122

• 24a · Other expenses: SUPPLIES AND MINOR EQUI

  total $654,268 · program services $641,564 · management and general $12,573 · fundraising $131

• 24b · Other expenses: HONORARIUMS

  total $473,321 · program services $473,321

• 24c · Other expenses: DUES AND SUBSCRIPTION

  total $358,049 · program services $355,684 · management and general $2,341 · fundraising $24

• 24d · Other expenses: REPAIRS & MAINTENANCE

  total $169,817 · program services $129,184 · management and general $40,214 · fundraising $419

• 24e · All other expenses

  total $133,465 · program services $133,465

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $107,045 · end of year $182,904

• 2 · Savings and temporary cash investments

  beginning of year $1,293,762 · end of year $510,970

• 4 · Accounts receivable

  beginning of year $683,527 · end of year $1,109,094

• 9 · Prepaid expenses and deferred charges

  beginning of year $350,301 · end of year $626,663

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

  $8,996,332

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

  $2,340,609

• 10c · Land, buildings and equipment, net

  beginning of year $7,011,686 · end of year $6,655,723

• 11 · Investments: publicly traded securities

  beginning of year $19,051,809 · end of year $20,591,793

• 15 · Other assets

  beginning of year $587,075 · end of year $602,512

• 17 · Accounts payable and accrued expenses

  beginning of year $2,067,930 · end of year $2,882,796

• 19 · Deferred revenue

  beginning of year $1,483,520 · end of year $1,580,483

• 23 · Secured mortgages and notes payable

  beginning of year $2,918,335 · end of year $2,744,266

• 25 · Other liabilities

  beginning of year $13,330 · end of year $3,647

• 27 · Net assets without donor restrictions

  beginning of year $19,326,685 · end of year $20,049,244

• 28 · Net assets with donor restrictions

  beginning of year $3,275,405 · end of year $3,019,223

The filer's explanations (Part III)

PART I, LINE 7

BONUSES ARE DETERMINED BASED ON TEAM PERFORMANCE GOALS AND METRICS, DETERMINED AT THE DISCRETION OF THE BOARD. THE BONUSES ARE PAID OUT AT THE DISCRETION OF THE BOARD.