Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $94,256

• 1e · Government grants (contributions)

  $1,155,762

• 1f · All other contributions, gifts and grants

  $1,941,919

• 1g · Noncash contributions included above

  $101,428

• 2a · Program service revenue: LIGHTHOUSE ADMISSIONS

  total $7,422 · related or exempt $7,422

• 2b · Program service revenue: MEMBERSHIP DUES

  total $2,030 · related or exempt $2,030

• 3 · Investment income

  total $7,055 · excluded $7,055

• 6a · Gross rents

  real property $23,272

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $23,272

• 6d · Net rental income or loss

  total $23,272 · unrelated business $21,520 · excluded $1,752

• 7a · Gross sales of assets other than inventory

  securities $71,948

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

  securities $71,853

• 7c · Gain or loss

  securities $95

• 7d · Net gain or loss

  total $95 · excluded $95

• 8a · Fundraising events: gross income

  $15,270

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

  $94,256

• 8b · Fundraising events: direct expenses

  $60,347

• 8c · Net income from fundraising events

  total -$45,077 · excluded -$45,077

• 10a · Gross sales of inventory

  $8,294

• 10b · Cost of goods sold

  $5,458

• 10c · Net income from sales of inventory

  total $2,836 · unrelated business $2,836

• 11a · Other revenue: REFUNDS/REIMBURSEMENTS

  total $8,008 · related or exempt $8,008

• 11e · Other revenue, total

  $8,008

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $269,201 · program services $269,201

• 5 · Compensation of officers, directors and key employees

  total $229,784 · program services $118,189 · management and general $104,155 · fundraising $7,440

• 7 · Other salaries and wages

  total $943,747 · program services $720,173 · management and general $135,549 · fundraising $88,025

• 8 · Pension plan contributions

  total $15,737 · program services $12,606 · management and general $3,078 · fundraising $53

• 9 · Other employee benefits

  total $60,828 · program services $50,477 · management and general $9,246 · fundraising $1,105

• 10 · Payroll taxes

  total $89,059 · program services $65,396 · management and general $16,593 · fundraising $7,070

• 11b · Fees: legal

  total $17,530 · program services $9,851 · management and general $6,504 · fundraising $1,175

• 11c · Fees: accounting

  total $47,525 · program services $33,449 · management and general $11,047 · fundraising $3,029

• 11f · Fees: investment management

  total $2,500 · program services $1,600 · management and general $900

• 11g · Fees: other

  total $814,729 · program services $747,681 · management and general $65,700 · fundraising $1,348

• 12 · Advertising and promotion

  total $128,918 · program services $119,432 · management and general $326 · fundraising $9,160

• 13 · Office expenses

  total $28,792 · program services $4,636 · management and general $20,780 · fundraising $3,376

• 14 · Information technology

  total $220,093 · program services $177,689 · management and general $31,212 · fundraising $11,192

• 16 · Occupancy

  total $109,183 · program services $89,741 · management and general $15,610 · fundraising $3,832

• 17 · Travel

  total $31,518 · program services $24,728 · management and general $3,666 · fundraising $3,124

• 19 · Conferences, conventions and meetings

  total $18,631 · program services $10,966 · management and general $5,030 · fundraising $2,635

• 20 · Interest

  total $13,376 · management and general $13,376

• 22 · Depreciation, depletion and amortization

  total $135,396 · program services $135,396

• 23 · Insurance

  total $28,136 · program services $20,659 · management and general $7,477

• 24a · Other expenses: SUPPLIES & EQUIPMENT

  total $155,112 · program services $150,900 · management and general $1,709 · fundraising $2,503

• 24b · Other expenses: VEHICLE & BOAT

  total $35,734 · program services $35,734

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $134,765 · end of year $355,022

• 2 · Savings and temporary cash investments

  beginning of year $672,214 · end of year $434,362

• 3 · Pledges and grants receivable

  beginning of year $592,814 · end of year $282,974

• 4 · Accounts receivable

  beginning of year $8,057 · end of year $94,677

• 8 · Inventories for sale or use

  beginning of year $16,177 · end of year $15,551

• 9 · Prepaid expenses and deferred charges

  beginning of year $553 · end of year $351

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

  $1,625,519

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

  $821,219

• 10c · Land, buildings and equipment, net

  beginning of year $870,217 · end of year $804,300

• 11 · Investments: publicly traded securities

  beginning of year $142,960 · end of year $121,475

• 15 · Other assets

  beginning of year $6,256 · end of year $194,998

• 17 · Accounts payable and accrued expenses

  beginning of year $192,309 · end of year $152,890

• 19 · Deferred revenue

  beginning of year $356,655 · end of year $278,680

• 23 · Secured mortgages and notes payable

  beginning of year $512,583 · end of year $507,125

• 25 · Other liabilities

  beginning of year $0 · end of year $202,681

• 27 · Net assets without donor restrictions

  beginning of year $898,224 · end of year $560,853

• 28 · Net assets with donor restrictions

  beginning of year $484,242 · end of year $601,481

The filer's explanations (Part III)

PART I, LINE 7

BONUSES ARE BASED ON PERFORMANCE. EACH MANAGER PROVIDES A SUGGESTION FOR THEIR RESPECTIVE EMPLOYEE. THE BOARD OF DIRECTORS DETERMINES THE EXECUTIVE DIRECTOR'S YEAR-END BONUS BASED ON PERFORMANCE.