Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $1,494,474

• 1c · Fundraising events

  $505,478

• 1e · Government grants (contributions)

  $9,319,667

• 1f · All other contributions, gifts and grants

  $19,749,999

• 1g · Noncash contributions included above

  $1,633,088

• 2a · Program service revenue: ADMISSION FEES

  total $19,181,954 · related or exempt $19,181,954

• 2b · Program service revenue: CAMPS & EDUC EVENTS

  total $162,068 · related or exempt $162,068

• 2c · Program service revenue: VIRTUAL REALITY

  total $91,690 · related or exempt $91,690

• 3 · Investment income

  total $702,350 · excluded $702,350

• 5 · Royalties

  total $45 · excluded $45

• 6a · Gross rents

  real property $2,156,473

• 6b · Less rental expenses

  real property $168,250

• 6c · Rental income or loss

  real property $1,988,223

• 6d · Net rental income or loss

  total $1,988,223 · excluded $1,988,223

• 7a · Gross sales of assets other than inventory

  securities $11

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

  securities $0

• 7c · Gain or loss

  securities $11

• 7d · Net gain or loss

  total $11 · excluded $11

• 8a · Fundraising events: gross income

  $86,860

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

  $505,478

• 8b · Fundraising events: direct expenses

  $201,243

• 8c · Net income from fundraising events

  total -$114,383 · excluded -$114,383

• 11a · Other revenue: CONCESSIONS

  total $184,895 · excluded $184,895

• 11b · Other revenue: REIMBURSEMENTS

  total $31,000 · excluded $31,000

• 11c · Other revenue: CREDIT CARD REWARDS

  total $22,000 · excluded $22,000

• 11d · All other revenue

  total $21,871 · excluded $21,871

• 11e · Other revenue, total

  $259,766

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $61,036 · program services $61,036

• 5 · Compensation of officers, directors and key employees

  total $1,776,328 · program services $1,031,012 · management and general $438,055 · fundraising $307,261

• 7 · Other salaries and wages

  total $13,998,361 · program services $11,107,322 · management and general $1,718,353 · fundraising $1,172,686

• 8 · Pension plan contributions

  total $463,629 · program services $370,034 · management and general $55,721 · fundraising $37,874

• 9 · Other employee benefits

  total $2,269,433 · program services $1,751,322 · management and general $307,185 · fundraising $210,926

• 10 · Payroll taxes

  total $1,420,647 · program services $1,094,568 · management and general $193,381 · fundraising $132,698

• 11b · Fees: legal

  total $2,218 · program services $1,624 · management and general $594

• 11c · Fees: accounting

  total $69,733 · program services $51,066 · management and general $18,667

• 11d · Fees: lobbying

  total $162,000 · management and general $162,000

• 11e · Fees: professional fundraising services

  total $159,000 · fundraising $159,000

• 11g · Fees: other

  total $1,589,715 · program services $1,149,369 · management and general $420,143 · fundraising $20,203

• 12 · Advertising and promotion

  total $82,045 · program services $72,344 · management and general $3,631 · fundraising $6,070

• 13 · Office expenses

  total $2,644,078 · program services $1,727,009 · management and general $745,742 · fundraising $171,327

• 14 · Information technology

  total $765,433 · program services $465,535 · management and general $260,749 · fundraising $39,149

• 16 · Occupancy

  total $309,098 · program services $295,881 · management and general $13,217

• 17 · Travel

  total $401,127 · program services $349,149 · management and general $46,727 · fundraising $5,251

• 22 · Depreciation, depletion and amortization

  total $914,527 · program services $806,557 · management and general $107,970

• 24a · Other expenses: ANIMAL/OPERATING COSTS

  total $1,292,310 · program services $1,269,735 · management and general $20,344 · fundraising $2,231

• 24b · Other expenses: EQUIPMENT

  total $812,273 · program services $768,667 · management and general $39,489 · fundraising $4,117

• 24c · Other expenses: BANK FEES

  total $616,055 · program services $572,808 · management and general $3,660 · fundraising $39,587

• 24d · Other expenses: TAXES

  total $402,218 · program services $402,218

• 24e · All other expenses

  total $101,913 · program services $10,085 · management and general $10,118 · fundraising $81,710

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,366,356 · end of year $2,751,075

• 2 · Savings and temporary cash investments

  beginning of year $17,479,599 · end of year $19,616,025

• 3 · Pledges and grants receivable

  beginning of year $4,225,221 · end of year $9,193,530

• 4 · Accounts receivable

  beginning of year $853,993 · end of year $2,035,254

• 9 · Prepaid expenses and deferred charges

  beginning of year $415,478 · end of year $604,460

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

  $138,421,184

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

  $4,960,934

• 10c · Land, buildings and equipment, net

  beginning of year $64,233,522 · end of year $133,460,250

• 15 · Other assets

  beginning of year $6,028,241 · end of year $5,488,179

• 17 · Accounts payable and accrued expenses

  beginning of year $7,452,754 · end of year $11,476,985

• 19 · Deferred revenue

  beginning of year $727,309 · end of year $781,670

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $53,235,846

• 24 · Unsecured notes and loans payable

  beginning of year $5,218,095 · end of year $1,891,506

• 25 · Other liabilities

  beginning of year $6,613,632 · end of year $6,143,981

• 27 · Net assets without donor restrictions

  beginning of year $26,141,924 · end of year $24,337,185

• 28 · Net assets with donor restrictions

  beginning of year $50,448,696 · end of year $75,281,600

The filer's explanations (Part III)

PART I, LINE 1A

ROTARY CLUB FEES FOR ROBERT W. DAVIDSON, PRESIDENT & CEO.

PART I, LINE 6

THE VARIABLE PAY PLAN ONLY PAYS OUT IF CERTAIN GOALS ARE MET, INCLUDING OUR FINANCIAL GOALS WHICH INCLUDE A NET INCOME TARGET. EMPLOYEES MUST ALSO RECEIVE A MINIMUM REQUIRED SCORE ON THEIR ANNUAL REVIEW. THIS IS APPLICABLE ACROSS THE ENTIRE ORGANIZATION, NOT JUST TO THE INDIVIDUALS LISTED. 2022 NET EARNINGS GOALS WERE MET, SO THOSE WHO ALSO RECEIVED THE MINIMUM REQUIRED SCORE ON THEIR ANNUAL REVIEW RECEIVED THEIR VARIABLE PAY (BONUS) PAYOUT IN MARCH 2023.