Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $12,397,165

• 1g · Noncash contributions included above

  $793,913

• 2a · Program service revenue: ENDOWMENT MGMT FEES

  total $1,991,854 · related or exempt $1,991,854

• 2b · Program service revenue: UNIV. SUPPORTED EVENTS

  total $134,080 · related or exempt $134,080

• 2c · Program service revenue: ALUMNI EVENTS

  total $29,883 · related or exempt $29,883

• 3 · Investment income

  total $426,800 · excluded $426,800

• 5 · Royalties

  total $800 · excluded $800

• 6a · Gross rents

  real property $74,175

• 6b · Less rental expenses

  real property $50,188

• 6c · Rental income or loss

  real property $23,987

• 6d · Net rental income or loss

  total $23,987 · excluded $23,987

• 7a · Gross sales of assets other than inventory

  securities $7,183,911 · other assets $400,000

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

  securities $7,190,232 · other assets $160,000

• 7c · Gain or loss

  securities -$6,321 · other assets $240,000

• 7d · Net gain or loss

  total $233,679 · excluded $233,679

• 10a · Gross sales of inventory

  $15,178

• 10b · Cost of goods sold

  $5,946

• 10c · Net income from sales of inventory

  total $9,232 · excluded $9,232

• 11a · Other revenue: REIMBURSEMENTS

  total $25,060 · excluded $25,060

• 11d · All other revenue

  total $391 · excluded $391

• 11e · Other revenue, total

  $25,451

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $402,313 · program services $402,313

• 2 · Grants to domestic individuals

  total $6,303,195 · program services $6,303,195

• 7 · Other salaries and wages

  total $1,714,896 · program services $1,396,921 · fundraising $317,975

• 11b · Fees: legal

  total $51,534 · management and general $42,533 · fundraising $9,001

• 11c · Fees: accounting

  total $73,435 · management and general $73,435

• 11e · Fees: professional fundraising services

  total $398,772 · fundraising $398,772

• 11f · Fees: investment management

  total $816,618 · management and general $816,618

• 12 · Advertising and promotion

  total $142,847 · program services $32,546 · management and general $103,787 · fundraising $6,514

• 13 · Office expenses

  total $419,186 · program services $288,006 · management and general $78,419 · fundraising $52,761

• 14 · Information technology

  total $122,517 · program services $80,154 · management and general $17,527 · fundraising $24,836

• 16 · Occupancy

  total $55,601 · program services $50,947 · fundraising $4,654

• 17 · Travel

  total $1,310,046 · program services $1,098,564 · management and general $109,955 · fundraising $101,527

• 19 · Conferences, conventions and meetings

  total $192,811 · program services $134,683 · management and general $51,701 · fundraising $6,427

• 22 · Depreciation, depletion and amortization

  total $14,246 · management and general $14,246

• 23 · Insurance

  total $8,917 · program services $6,684 · management and general $2,233

• 24a · Other expenses: ADMINISTRATIVE EXPENSES

  total $2,282,201 · program services $1,609,154 · management and general $673,047

• 24b · Other expenses: EQUIPMENT

  total $251,818 · program services $244,152 · management and general $7,666

• 24c · Other expenses: RENTAL

  total $101,606 · program services $55,898 · management and general $44,177 · fundraising $1,531

• 24d · Other expenses: EVENT EXPENSES

  total $92,343 · program services $35,395 · management and general $53,445 · fundraising $3,503

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,103,747 · end of year $6,067,835

• 2 · Savings and temporary cash investments

  beginning of year $31,945 · end of year $28,554

• 3 · Pledges and grants receivable

  beginning of year $11,076,686 · end of year $6,595,349

• 9 · Prepaid expenses and deferred charges

  beginning of year $13,300 · end of year $20,351

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

  $7,032,247

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

  $151,036

• 10c · Land, buildings and equipment, net

  beginning of year $5,488,357 · end of year $6,881,211

• 11 · Investments: publicly traded securities

  beginning of year $138,626,338 · end of year $151,250,878

• 12 · Investments: other securities

  beginning of year $5,020,420 · end of year $11,567,424

• 15 · Other assets

  beginning of year $772,177 · end of year $415,287

• 17 · Accounts payable and accrued expenses

  beginning of year $182,446 · end of year $292,679

• 18 · Grants payable

  beginning of year $1,500,000 · end of year $972,000

• 19 · Deferred revenue

  beginning of year $150,800 · end of year $135,720

• 21 · Escrow or custodial account liability

  beginning of year $14,146,474 · end of year $15,090,614

• 25 · Other liabilities

  beginning of year $288,092 · end of year $551,657

• 27 · Net assets without donor restrictions

  beginning of year $32,438,221 · end of year $38,183,565

• 28 · Net assets with donor restrictions

  beginning of year $117,426,937 · end of year $127,600,654

The filer's explanations (Part III)

SCHEDULE J, PART II, COMPENSATION:

COMPENSATION IS DETERMINED AND PAID BY WESTERN WASHINGTON UNIVERSITY, AN UNRELATED ORGANIZATION.

Related corporations and trusts

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

• CHARITABLE UNITRUST(5)

  T · INVESTMENTS · WA