Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $9,223,596

• 2a · Program service revenue: POLICY ADVISING & IMPLEMENTATION

  total $830,358 · related or exempt $830,358

• 2b · Program service revenue: EVENT REGISTRATION INCOME

  total $427,348 · related or exempt $427,348

• 2c · Program service revenue: HONORARIUM

  total $10,000 · related or exempt $10,000

• 3 · Investment income

  total $500,560 · excluded $500,560

• 7a · Gross sales of assets other than inventory

  securities $6,852,960

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

  securities $6,983,061

• 7c · Gain or loss

  securities -$130,101

• 7d · Net gain or loss

  total -$130,101 · excluded -$130,101

• 11a · Other revenue: OTHER INCOME

  total $29 · related or exempt $29

• 11e · Other revenue, total

  $29

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $12,500 · program services $12,500

• 2 · Grants to domestic individuals

  total $27,763 · program services $27,763

• 5 · Compensation of officers, directors and key employees

  total $990,390 · program services $537,231 · management and general $383,643 · fundraising $69,516

• 7 · Other salaries and wages

  total $5,210,740 · program services $4,315,834 · management and general $528,900 · fundraising $366,006

• 8 · Pension plan contributions

  total $141,601 · program services $113,557 · management and general $19,081 · fundraising $8,963

• 9 · Other employee benefits

  total $703,853 · program services $475,515 · management and general $185,962 · fundraising $42,376

• 10 · Payroll taxes

  total $451,133 · program services $355,580 · management and general $64,085 · fundraising $31,468

• 11b · Fees: legal

  total $140,372 · program services $100,816 · management and general $20,492 · fundraising $19,064

• 11c · Fees: accounting

  total $25,124 · program services $19,455 · management and general $3,954 · fundraising $1,715

• 11f · Fees: investment management

  total $16,074 · management and general $16,074

• 11g · Fees: other

  total $894,352 · program services $887,020 · management and general $5,301 · fundraising $2,031

• 12 · Advertising and promotion

  total $11,566 · program services $9,775 · management and general $1,185 · fundraising $606

• 13 · Office expenses

  total $45,167 · program services $27,357 · management and general $5,487 · fundraising $12,323

• 14 · Information technology

  total $62,436 · program services $42,688 · management and general $9,115 · fundraising $10,633

• 16 · Occupancy

  total $60,941 · program services $46,998 · management and general $9,799 · fundraising $4,144

• 17 · Travel

  total $257,946 · program services $206,904 · management and general $49,875 · fundraising $1,167

• 18 · Travel or entertainment for public officials

  total $200,336 · program services $200,336

• 19 · Conferences, conventions and meetings

  total $1,895,990 · program services $1,835,168 · management and general $60,122 · fundraising $700

• 22 · Depreciation, depletion and amortization

  total $33,397 · program services $25,860 · management and general $5,257 · fundraising $2,280

• 23 · Insurance

  total $15,521 · program services $2,555 · management and general $12,766 · fundraising $200

• 24a · Other expenses: COMMUNICATIONS

  total $93,761 · program services $91,615 · management and general $1,563 · fundraising $583

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,677,965 · end of year $651,838

• 3 · Pledges and grants receivable

  beginning of year $12,932,326 · end of year $8,871,876

• 4 · Accounts receivable

  beginning of year $147,249 · end of year $129,041

• 8 · Inventories for sale or use

  beginning of year $42,090 · end of year $41,840

• 9 · Prepaid expenses and deferred charges

  beginning of year $105,149 · end of year $34,666

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

  $125,333

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

  $97,007

• 10c · Land, buildings and equipment, net

  beginning of year $15,733 · end of year $28,326

• 11 · Investments: publicly traded securities

  beginning of year $3,724,812 · end of year $3,784,443

• 12 · Investments: other securities

  beginning of year $8,030,134 · end of year $13,400,029

• 14 · Intangible assets

  beginning of year $23,222 · end of year $0

• 15 · Other assets

  beginning of year $112,010 · end of year $53,722

• 17 · Accounts payable and accrued expenses

  beginning of year $994,170 · end of year $508,845

• 19 · Deferred revenue

  beginning of year $130,074 · end of year $171,150

• 25 · Other liabilities

  beginning of year $523,763 · end of year $531,063

• 27 · Net assets without donor restrictions

  beginning of year $12,000,081 · end of year $18,205,014

• 28 · Net assets with donor restrictions

  beginning of year $13,162,602 · end of year $7,579,709

The filer's explanations (Part III)

PART I, LINE 3

CEO COMPENSATION WAS NEGOTIATED WITH THE COMPENSATION AND ADMINISTRATION COMMITTEE. THE COMMITTEE APPROVED AND SIGNED A WRITTEN OFFER LETTER. EMPLOYMENT ATTORNEYS WERE ALSO CONSULTED IN THE PROCESS.

PART I, LINE 7

FOR SOME EMPLOYEES, COMPENSATION INCLUDED A DISCRETIONARY BONUS RELATED TO PERFORMANCE.