Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $482,125

• 1e · Government grants (contributions)

  $18,360,502

• 1f · All other contributions, gifts and grants

  $32,499,739

• 1g · Noncash contributions included above

  $5,095,303

• 3 · Investment income

  total $3,487 · excluded $3,487

• 7a · Gross sales of assets other than inventory

  other assets $2,000,000

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

  other assets $1,100,000

• 7c · Gain or loss

  other assets $900,000

• 7d · Net gain or loss

  total $900,000 · excluded $900,000

• 8a · Fundraising events: gross income

  $63,505

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

  $482,125

• 8b · Fundraising events: direct expenses

  $219,032

• 8c · Net income from fundraising events

  total -$155,527 · excluded -$155,527

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $648,313 · management and general $648,313

• 7 · Other salaries and wages

  total $1,322,161 · program services $567,837 · management and general $91,847 · fundraising $662,477

• 8 · Pension plan contributions

  total $124,112 · program services $51,040 · management and general $22,032 · fundraising $51,040

• 9 · Other employee benefits

  total $178,002 · program services $62,899 · management and general $52,204 · fundraising $62,899

• 10 · Payroll taxes

  total $122,497 · program services $36,749 · management and general $48,999 · fundraising $36,749

• 11b · Fees: legal

  total $367,767 · management and general $367,767

• 11c · Fees: accounting

  total $34,700 · management and general $34,700

• 11d · Fees: lobbying

  total $60,000 · fundraising $60,000

• 11e · Fees: professional fundraising services

  total $567,386 · fundraising $567,386

• 11f · Fees: investment management

  total $36,547 · management and general $36,547

• 11g · Fees: other

  total $1,663,077 · program services $1,081,000 · management and general $166,308 · fundraising $415,769

• 12 · Advertising and promotion

  total $495,650 · program services $99,130 · management and general $168,618 · fundraising $227,902

• 13 · Office expenses

  total $138,381 · management and general $138,381

• 14 · Information technology

  total $208,057 · management and general $208,057

• 16 · Occupancy

  total $669,314 · management and general $669,314

• 17 · Travel

  total $72,250 · management and general $72,250

• 19 · Conferences, conventions and meetings

  total $7,788 · management and general $7,788

• 20 · Interest

  total $283,146 · management and general $283,146

• 22 · Depreciation, depletion and amortization

  total $715,438 · program services $707,670 · management and general $7,768

• 23 · Insurance

  total $121,833 · management and general $121,833

• 24a · Other expenses: RIVERWALK MAINTENANCE

  total $6,930,459 · program services $6,930,459

• 24b · Other expenses: RIVER DAYS EVENT

  total $1,846,141 · program services $1,846,141

• 24c · Other expenses: FUNDRAISING EXPENSES

  total $293,949 · fundraising $293,949

• 24d · Other expenses: VOLUNTEER EXPENSE

  total $10,191 · program services $10,191

• 24e · All other expenses

  total $24,974 · program services $150 · management and general $24,824

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $457,780 · end of year $1,865,299

• 2 · Savings and temporary cash investments

  beginning of year $575 · end of year $304

• 3 · Pledges and grants receivable

  beginning of year $6,860,501 · end of year $12,865,889

• 9 · Prepaid expenses and deferred charges

  beginning of year $667,583 · end of year $344,960

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

  $157,507,621

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

  $8,822,355

• 10c · Land, buildings and equipment, net

  beginning of year $117,706,338 · end of year $148,685,266

• 11 · Investments: publicly traded securities

  beginning of year $212,503 · end of year $27,559

• 12 · Investments: other securities

  beginning of year $7,399,948 · end of year $7,699,646

• 15 · Other assets

  beginning of year $41,873,987 · end of year $41,714,064

• 17 · Accounts payable and accrued expenses

  beginning of year $5,018,384 · end of year $7,180,253

• 25 · Other liabilities

  beginning of year $737,863 · end of year $582,174

• 27 · Net assets without donor restrictions

  beginning of year $142,351,069 · end of year $178,368,661

• 28 · Net assets with donor restrictions

  beginning of year $27,071,899 · end of year $27,071,899

The filer's explanations (Part III)

PART I, LINE 1A

IN 2023 THE PRESIDENT AND CHIEF EXECUTIVE OFFICER WERE ALLOWED A HEALTH AND SOCIAL CLUB MEMBERSHIP AS PART OF THEIR COMPENSATION PACKAGES.

PART I, LINE 1B

THE BOARD APPROVED THE MEMBERSHIP AS PART OF THE PRESIDENT'S COMPENSATION PACKAGE REVIEW AND APPROVAL PROCESS.