Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBER DUES

  total $42,214,305 · related or exempt $42,214,305

• 2b · Program service revenue: CONFERENCES

  total $18,170,247 · related or exempt $18,170,247

• 2c · Program service revenue: PUBLICATION SALES

  total $118,596 · related or exempt $118,596

• 2d · Program service revenue: ONE TIME MEMBER DUES CREDIT

  total -$6,968,384 · related or exempt -$6,968,384

• 3 · Investment income

  total $2,418,945 · excluded $2,418,945

• 5 · Royalties

  total $217,038 · unrelated business $212,402 · excluded $4,636

• 11a · Other revenue: SHARED SERVICE AGREEMENTS

  total $504,742 · excluded $504,742

• 11b · Other revenue: MISCELLANEOUS REVENUE

  total $27,640 · excluded $27,640

• 11e · Other revenue, total

  $532,382

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $286,964

• 5 · Compensation of officers, directors and key employees

  total $7,879,478

• 7 · Other salaries and wages

  total $26,072,764

• 8 · Pension plan contributions

  total $2,162,877

• 9 · Other employee benefits

  total $2,888,656

• 10 · Payroll taxes

  total $1,751,943

• 11a · Fees: management

  total $15,980

• 11b · Fees: legal

  total $2,387,018

• 11c · Fees: accounting

  total $157,070

• 11d · Fees: lobbying

  total $933,392

• 11g · Fees: other

  total $2,196,408

• 13 · Office expenses

  total $413,210

• 14 · Information technology

  total $881,825

• 16 · Occupancy

  total $2,926,778

• 17 · Travel

  total $1,248,359

• 19 · Conferences, conventions and meetings

  total $7,497,724

• 22 · Depreciation, depletion and amortization

  total $729,524

• 24a · Other expenses: SUBSCRIPTION AND BOOKS

  total $750,116

• 24b · Other expenses: UBTI/EXCISE TAX EXPENSE

  total $525,452

• 24c · Other expenses: BANK CHARGES & CC FEES

  total $249,552

• 24d · Other expenses: DUES & REGISTRATION

  total $242,502

• 24e · All other expenses

  total $348,747

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,500,665 · end of year $1,526,156

• 2 · Savings and temporary cash investments

  beginning of year $16,276,367 · end of year $20,916,864

• 4 · Accounts receivable

  beginning of year $63,514 · end of year $1,260

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,600,400 · end of year $2,528,762

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

  $10,021,302

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

  $3,931,486

• 10c · Land, buildings and equipment, net

  beginning of year $6,353,417 · end of year $6,089,816

• 11 · Investments: publicly traded securities

  beginning of year $33,063,553 · end of year $22,376,111

• 15 · Other assets

  beginning of year $21,031,848 · end of year $19,520,786

• 17 · Accounts payable and accrued expenses

  beginning of year $12,051,136 · end of year $12,220,389

• 19 · Deferred revenue

  beginning of year $3,334,554 · end of year $3,602,591

• 21 · Escrow or custodial account liability

  beginning of year $1,699,642 · end of year $539,022

• 25 · Other liabilities

  beginning of year $32,564,037 · end of year $30,442,626

• 27 · Net assets without donor restrictions

  beginning of year $31,240,395 · end of year $26,155,127

The filer's explanations (Part III)

PART I, LINE 1A

FIRST-CLASS TRAVEL PER THE EMPLOYMENT CONTRACT, SIFMA PROVIDED FIRST CLASS AIR TRAVEL OF THREE HOURS OR MORE WHEN TRAVELING FOR SIFMA BUSINESS FOR KENNETH E. BENTSEN, JR., PRESIDENT AND CEO. THE FIRST-CLASS AIR TRAVEL WAS EXCLUDED FROM TAXABLE COMPENSATION ON THE INDIVIDUAL'S FORM W-2 BECAUSE IT WAS INCURRED FOR BUSINESS REASONS.