Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $75,000

• 1f · All other contributions, gifts and grants

  $7,325,881

• 1g · Noncash contributions included above

  $428,649

• 2a · Program service revenue: LICENSING FEE

  total $162,246 · related or exempt $162,246

• 3 · Investment income

  total $273,654 · excluded $273,654

• 6a · Gross rents

  real property $182,226

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $182,226

• 6d · Net rental income or loss

  total $182,226 · excluded $182,226

• 7a · Gross sales of assets other than inventory

  securities $49,529

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

  securities $49,529

• 7c · Gain or loss

  securities $0

• 7d · Net gain or loss

  total $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $655,500 · program services $655,500

• 5 · Compensation of officers, directors and key employees

  total $621,762 · program services $217,109 · management and general $320,465 · fundraising $84,188

• 7 · Other salaries and wages

  total $3,244,340 · program services $2,517,768 · management and general $539,745 · fundraising $186,827

• 8 · Pension plan contributions

  total $201,935 · program services $173,744 · management and general $20,819 · fundraising $7,372

• 9 · Other employee benefits

  total $200,641 · program services $118,921 · management and general $70,368 · fundraising $11,352

• 10 · Payroll taxes

  total $281,295 · program services $216,751 · management and general $44,120 · fundraising $20,424

• 11b · Fees: legal

  total $28,779 · program services $21,445 · management and general $5,203 · fundraising $2,131

• 11c · Fees: accounting

  total $59,428 · program services $44,284 · management and general $10,744 · fundraising $4,400

• 11e · Fees: professional fundraising services

  total $205,385 · fundraising $205,385

• 11f · Fees: investment management

  total $31,639 · management and general $31,639

• 11g · Fees: other

  total $2,094,131 · program services $1,721,840 · management and general $93,490 · fundraising $278,801

• 13 · Office expenses

  total $574,951 · program services $267,350 · management and general $12,841 · fundraising $294,760

• 14 · Information technology

  total $427,715 · program services $389,925 · management and general $26,756 · fundraising $11,034

• 16 · Occupancy

  total $384,173 · program services $286,274 · management and general $69,458 · fundraising $28,441

• 17 · Travel

  total $232,528 · program services $203,506 · management and general $28,127 · fundraising $895

• 19 · Conferences, conventions and meetings

  total $442,136 · program services $428,208 · management and general $11,807 · fundraising $2,121

• 22 · Depreciation, depletion and amortization

  total $89,310 · program services $66,551 · management and general $16,147 · fundraising $6,612

• 23 · Insurance

  total $24,891 · program services $18,548 · management and general $4,500 · fundraising $1,843

• 24a · Other expenses: MISCELLANEOUS

  total $8,853 · program services $8,822 · management and general $31

• 24b · Other expenses: TAXES & LICENSES

  total $54 · management and general $54

• 26 · Joint costs (an allocation of the lines above)

  total $285,214 · program services $285,214 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $3,133,864 · end of year $3,735,752

• 3 · Pledges and grants receivable

  beginning of year $1,450,570 · end of year $1,396,023

• 4 · Accounts receivable

  beginning of year $34,563 · end of year $6,426

• 9 · Prepaid expenses and deferred charges

  beginning of year $19,352 · end of year $88,649

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

  $285,613

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

  $252,613

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $33,000

• 11 · Investments: publicly traded securities

  beginning of year $7,074,940 · end of year $7,991,386

• 15 · Other assets

  beginning of year $291,861 · end of year $74,321

• 17 · Accounts payable and accrued expenses

  beginning of year $461,129 · end of year $1,285,503

• 18 · Grants payable

  beginning of year $156,313 · end of year $540,150

• 19 · Deferred revenue

  beginning of year $72,062 · end of year $106,215

• 21 · Escrow or custodial account liability

  beginning of year $641,078 · end of year $640,464

• 25 · Other liabilities

  beginning of year $512,668 · end of year $1,564,527

• 27 · Net assets without donor restrictions

  beginning of year $7,905,291 · end of year $6,654,255

• 28 · Net assets with donor restrictions

  beginning of year $2,256,609 · end of year $2,534,443

The filer's explanations (Part III)

PART I, LINE 3

THE LEAGUE OF WOMEN VOTERS OF THE UNITED STATES (LWVUS) PAYS ALL COMPENSATION EXPENSES. LWVUS USES THE FOLLOWING METHOD TO ESTABLISH COMPENSATION OF ITS CHIEF EXECUTIVE OFFICER: COMPENSATION STUDY OR SURVEY, APPROVAL BY THE BOARD.

PART I, LINE 7

NON-FIXED, DISCRETIONARY BONUSES WERE PAID DURING THE CALENDAR YEAR ENDING DECEMBER 31, 2023.