Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $294,642

• 1f · All other contributions, gifts and grants

  $6,192,171

• 1g · Noncash contributions included above

  $121,838

• 2a · Program service revenue: ADMISSION FEES

  total $137,366 · related or exempt $137,366

• 2b · Program service revenue: PROGRAM INCOME

  total $70,181 · related or exempt $70,181

• 2c · Program service revenue: MEMBERSHIP

  total $30,525 · related or exempt $30,525

• 3 · Investment income

  total $31,755 · excluded $31,755

• 6a · Gross rents

  real property $1,066,143

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $1,066,143

• 6d · Net rental income or loss

  total $1,066,143 · excluded $1,066,143

• 7a · Gross sales of assets other than inventory

  securities $645,378

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

  securities $648,440

• 7c · Gain or loss

  securities -$3,062

• 7d · Net gain or loss

  total -$3,062 · excluded -$3,062

• 8a · Fundraising events: gross income

  $5,500

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $5,500 · excluded $5,500

• 10a · Gross sales of inventory

  $578,216

• 10b · Cost of goods sold

  $293,551

• 10c · Net income from sales of inventory

  total $284,665 · related or exempt $284,665

• 11a · Other revenue: INSURANCE PROCEEDS

  total $134,724 · excluded $134,724

• 11b · Other revenue: MISCELLANEOUS

  total $6,931 · excluded $6,931

• 11c · Other revenue: HONORARIA

  total $189 · excluded $189

• 11e · Other revenue, total

  $141,844

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $540,945 · program services $370,267 · management and general $102,311 · fundraising $68,367

• 7 · Other salaries and wages

  total $1,943,305 · program services $1,836,246 · management and general $24,925 · fundraising $82,134

• 8 · Pension plan contributions

  total $1,348 · program services $1,200 · management and general $67 · fundraising $81

• 9 · Other employee benefits

  total $145,269 · program services $133,759 · management and general $4,240 · fundraising $7,270

• 10 · Payroll taxes

  total $171,287 · program services $152,446 · management and general $8,564 · fundraising $10,277

• 11b · Fees: legal

  total $36,667 · management and general $36,667

• 11c · Fees: accounting

  total $124,130 · management and general $124,130

• 11g · Fees: other

  total $526,418 · program services $427,060 · management and general $40,391 · fundraising $58,967

• 12 · Advertising and promotion

  total $35,367 · program services $35,367

• 13 · Office expenses

  total $119,320 · program services $87,054 · management and general $12,000 · fundraising $20,266

• 14 · Information technology

  total $169,812 · program services $156,764 · management and general $11,323 · fundraising $1,725

• 16 · Occupancy

  total $1,297,045 · program services $1,235,069 · management and general $28,171 · fundraising $33,805

• 17 · Travel

  total $15,511 · program services $10,114 · management and general $538 · fundraising $4,859

• 19 · Conferences, conventions and meetings

  total $9,721 · program services $405 · management and general $142 · fundraising $9,174

• 20 · Interest

  total $23,615 · management and general $23,615

• 22 · Depreciation, depletion and amortization

  total $1,956,793 · program services $1,741,545 · management and general $97,840 · fundraising $117,408

• 23 · Insurance

  total $96,525 · program services $93,731 · management and general $2,794

• 24a · Other expenses: REPAIR AND MAINTENANCE

  total $162,399 · program services $162,399

• 24b · Other expenses: PROCESSING FEES

  total $49,757 · program services $48,980 · management and general $777

• 24c · Other expenses: HONORARIA

  total $15,742 · program services $15,742

• 24d · Other expenses: FOOD

  total $9,963 · program services $1,142 · fundraising $8,821

• 24e · All other expenses

  total $51,305 · program services $40,552 · management and general $9,585 · fundraising $1,168

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $718,675 · end of year $2,028,911

• 2 · Savings and temporary cash investments

  beginning of year $158,154 · end of year $177,602

• 3 · Pledges and grants receivable

  beginning of year $1,702,375 · end of year $1,242,316

• 4 · Accounts receivable

  beginning of year $12,460 · end of year $56,697

• 8 · Inventories for sale or use

  beginning of year $64,650 · end of year $63,769

• 9 · Prepaid expenses and deferred charges

  beginning of year $83,729 · end of year $110,551

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

  $56,425,576

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

  $4,305,881

• 10c · Land, buildings and equipment, net

  beginning of year $53,306,230 · end of year $52,119,695

• 15 · Other assets

  beginning of year $57,070 · end of year $49,539

• 17 · Accounts payable and accrued expenses

  beginning of year $291,713 · end of year $334,358

• 19 · Deferred revenue

  beginning of year $6,014 · end of year $12,250

• 23 · Secured mortgages and notes payable

  beginning of year $1,050,000 · end of year $0

• 25 · Other liabilities

  beginning of year $5,999 · end of year $3,369

• 27 · Net assets without donor restrictions

  beginning of year $53,110,989 · end of year $53,609,101

• 28 · Net assets with donor restrictions

  beginning of year $1,638,628 · end of year $1,890,002

The filer's explanations (Part III)

PART I, LINE 4A

KELLY CARNES RECEIVED SEVERANCE OF $111,410.

PART I, LINE 7

NICHELLE DEJESUS SERTSU RECEIVED A SIGNING BONUS OF $25,000.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• FRANKLIN SCHOOL DEVELOPMENT LLC

  HOLD PROPERTY; RESTORATION AND REHABILITATION · DC · income $0 · assets $0

  Directly controlled by THE MUSEUM OF LANGUAGE ARTS