Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $302,196

• 1f · All other contributions, gifts and grants

  $2,825,219

• 1g · Noncash contributions included above

  $1,182,215

• 2a · Program service revenue: ADMISSIONS

  total $2,173,773 · related or exempt $2,173,773

• 2b · Program service revenue: TOURS

  total $499,461 · related or exempt $499,461

• 2c · Program service revenue: RIGHTS AND REPRODUCTIONS

  total $90,604 · related or exempt $90,604

• 2d · Program service revenue: PROGRAM FEES

  total $55,161 · related or exempt $55,161

• 2e · Program service revenue: CURATORIAL REIMBURSEMENTS

  total $2,708 · related or exempt $2,708

• 3 · Investment income

  total $2,612,425 · excluded $2,612,425

• 5 · Royalties

  total $12,281 · excluded $12,281

• 7a · Gross sales of assets other than inventory

  securities $5,331,691

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

  securities $4,830,268

• 7c · Gain or loss

  securities $501,423

• 7d · Net gain or loss

  total $501,423 · excluded $501,423

• 10a · Gross sales of inventory

  $1,870,343

• 10b · Cost of goods sold

  $870,361

• 10c · Net income from sales of inventory

  total $999,982 · related or exempt $619,631 · unrelated business $380,351

• 11a · Other revenue: PASSTHRU FROM PARTNERSHIP INCOME

  total $19,895 · unrelated business $19,895

• 11d · All other revenue

  total $12,142 · excluded $12,142

• 11e · Other revenue, total

  $32,037

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $747,185 · program services $113,153 · management and general $472,216 · fundraising $161,816

• 7 · Other salaries and wages

  total $3,827,146 · program services $3,256,834 · management and general $449,954 · fundraising $120,358

• 8 · Pension plan contributions

  total $75,169 · program services $66,096 · management and general $5,900 · fundraising $3,173

• 9 · Other employee benefits

  total $662,988 · program services $611,390 · management and general $30,342 · fundraising $21,256

• 10 · Payroll taxes

  total $323,167 · program services $255,050 · management and general $53,448 · fundraising $14,669

• 11b · Fees: legal

  total $56,705 · management and general $56,705

• 11c · Fees: accounting

  total $54,147 · management and general $54,147

• 11f · Fees: investment management

  total $110,210 · management and general $110,210

• 11g · Fees: other

  total $749,714 · program services $636,286 · management and general $8,411 · fundraising $105,017

• 12 · Advertising and promotion

  total $80,712 · program services $56,498 · management and general $24,214

• 13 · Office expenses

  total $474,256 · program services $324,458 · management and general $95,300 · fundraising $54,498

• 14 · Information technology

  total $257,702 · program services $209,464 · management and general $25,814 · fundraising $22,424

• 16 · Occupancy

  total $589,299 · program services $515,486 · management and general $53,335 · fundraising $20,478

• 17 · Travel

  total $150,896 · program services $74,420 · management and general $12,619 · fundraising $63,857

• 22 · Depreciation, depletion and amortization

  total $336,366 · program services $331,388 · management and general $4,978

• 23 · Insurance

  total $259,138 · program services $226,686 · management and general $25,033 · fundraising $7,419

• 24a · Other expenses: SUPPLIES

  total $226,684 · program services $192,222 · management and general $23,260 · fundraising $11,202

• 24b · Other expenses: MAINTENANCE AND REPAIRS

  total $91,518 · program services $73,297 · management and general $13,954 · fundraising $4,267

• 24e · All other expenses

  total $46,985 · program services $44,295 · fundraising $2,690

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,929 · end of year $6,453

• 2 · Savings and temporary cash investments

  beginning of year $4,042,528 · end of year $8,792,505

• 3 · Pledges and grants receivable

  beginning of year $1,658,155 · end of year $1,195,863

• 4 · Accounts receivable

  beginning of year $52,437 · end of year $86,149

• 8 · Inventories for sale or use

  beginning of year $286,348 · end of year $318,541

• 9 · Prepaid expenses and deferred charges

  beginning of year $304,440 · end of year $273,778

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

  $10,775,932

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

  $5,979,551

• 10c · Land, buildings and equipment, net

  beginning of year $4,586,524 · end of year $4,796,381

• 11 · Investments: publicly traded securities

  beginning of year $93,955,589 · end of year $62,893,603

• 12 · Investments: other securities

  beginning of year $39,011,277 · end of year $46,514,677

• 15 · Other assets

  beginning of year $0 · end of year $2,816,008

• 17 · Accounts payable and accrued expenses

  beginning of year $610,894 · end of year $960,329

• 25 · Other liabilities

  beginning of year $422,197 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $84,795,011 · end of year $46,493,798

• 28 · Net assets with donor restrictions

  beginning of year $58,076,125 · end of year $80,239,831

The filer's explanations (Part III)

PART I, LINE 7

BONUS PAYMENTS WERE AWARDED AND APPROVED BY THE BOARD FOR THE DIRECTOR OF THE MUSEUM.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• GOKM INNOVATIONS INC

  C · CONSERVATION PRODUCT DEVELOPMENT · DE

  Directly controlled by THE O'KEEFFE MUSEUM FOUNDATION