Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $1,701,066

• 1c · Fundraising events

  $71,493

• 1f · All other contributions, gifts and grants

  $17,313,828

• 1g · Noncash contributions included above

  $178,612

• 2a · Program service revenue: ADMISSIONS

  total $16,680,025 · related or exempt $16,680,025

• 2b · Program service revenue: ACADEMIC PROGRAMS

  total $86,561 · related or exempt $86,561

• 2c · Program service revenue: REPRODUCTION INCOME

  total $9,811 · related or exempt $9,811

• 3 · Investment income

  total $968,258 · excluded $968,258

• 6a · Gross rents

  real property $24,000

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $24,000

• 6d · Net rental income or loss

  total $24,000 · excluded $24,000

• 7a · Gross sales of assets other than inventory

  securities $4,841,989

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

  securities $0

• 7c · Gain or loss

  securities $4,841,989

• 7d · Net gain or loss

  total $4,841,989 · unrelated business $8,769 · excluded $4,833,220

• 8a · Fundraising events: gross income

  $17,750

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

  $71,493

• 8b · Fundraising events: direct expenses

  $58,172

• 8c · Net income from fundraising events

  total -$40,422 · excluded -$40,422

• 10a · Gross sales of inventory

  $4,673,449

• 10b · Cost of goods sold

  $2,331,183

• 10c · Net income from sales of inventory

  total $2,342,266 · related or exempt $1,984,767 · unrelated business $357,499

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $878,445 · program services $678,522 · management and general $145,161 · fundraising $54,762

• 7 · Other salaries and wages

  total $10,279,653 · program services $7,931,174 · management and general $1,715,825 · fundraising $632,654

• 8 · Pension plan contributions

  total $446,316 · program services $351,275 · management and general $61,259 · fundraising $33,782

• 9 · Other employee benefits

  total $1,014,213 · program services $798,241 · management and general $139,205 · fundraising $76,767

• 10 · Payroll taxes

  total $804,139 · program services $658,763 · management and general $95,398 · fundraising $49,978

• 11b · Fees: legal

  total $116,138 · management and general $116,138

• 11d · Fees: lobbying

  total $40,000 · program services $40,000

• 11e · Fees: professional fundraising services

  total $477,855 · fundraising $477,855

• 11f · Fees: investment management

  total $237,625 · management and general $237,625

• 11g · Fees: other

  total $1,057,381 · program services $585,293 · management and general $454,830 · fundraising $17,258

• 12 · Advertising and promotion

  total $902,092 · program services $902,092

• 13 · Office expenses

  total $2,204,715 · program services $2,144,724 · management and general $13,367 · fundraising $46,624

• 14 · Information technology

  total $157 · program services $157

• 16 · Occupancy

  total $1,001,771 · program services $1,001,771

• 17 · Travel

  total $162,079 · program services $128,260 · management and general $16,098 · fundraising $17,721

• 19 · Conferences, conventions and meetings

  total $82,282 · management and general $82,282

• 22 · Depreciation, depletion and amortization

  total $1,188,104 · program services $1,188,104

• 23 · Insurance

  total $1,229,668 · program services $1,229,668

• 24a · Other expenses: EQUIPMENT AND MAINTENAN

  total $6,012,119 · program services $5,608,795 · management and general $330,327 · fundraising $72,997

• 24b · Other expenses: SPECIAL EVENTS & PROJEC

  total $1,382,697 · program services $1,335,517 · management and general $47,180

• 24c · Other expenses: PASSPORT FEE

  total $253,682 · management and general $253,682

• 24d · Other expenses: CULTIVATION

  total $247,347 · fundraising $247,347

• 24e · All other expenses

  total $1,633,858 · program services $1,404,084 · management and general $103,009 · fundraising $126,765

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $8,173,550 · end of year $13,428,937

• 2 · Savings and temporary cash investments

  beginning of year $882,697 · end of year $365,668

• 3 · Pledges and grants receivable

  beginning of year $4,546,431 · end of year $8,659,552

• 4 · Accounts receivable

  beginning of year $273,863 · end of year $123,734

• 8 · Inventories for sale or use

  beginning of year $1,160,015 · end of year $1,220,666

• 9 · Prepaid expenses and deferred charges

  beginning of year $196,612 · end of year $419,986

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

  $35,721,712

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

  $15,281,886

• 10c · Land, buildings and equipment, net

  beginning of year $17,642,301 · end of year $20,439,826

• 11 · Investments: publicly traded securities

  beginning of year $40,843,319 · end of year $42,144,101

• 12 · Investments: other securities

  beginning of year $15,804,855 · end of year $12,589,385

• 14 · Intangible assets

  beginning of year $141,495 · end of year $4,954,096

• 15 · Other assets

  beginning of year $1,262,331 · end of year $1,375,958

• 17 · Accounts payable and accrued expenses

  beginning of year $1,758,124 · end of year $2,401,527

• 19 · Deferred revenue

  beginning of year $2,417,023 · end of year $2,439,653

• 25 · Other liabilities

  beginning of year $1,388,719 · end of year $5,861,432

• 27 · Net assets without donor restrictions

  beginning of year $38,267,597 · end of year $43,469,302

• 28 · Net assets with donor restrictions

  beginning of year $47,096,006 · end of year $51,549,995

The filer's explanations (Part III)

PART I, LINE 7

THE CEO RECEIVED A BOARD APPROVED BONUS WHICH WAS INCLUDED IN HER 2024 W2.

FORM 990 SCHEDULE J COLUMN BIII

AN AMOUNT OF $23,000 IS INCLUDED IN SCHEDULE J, PART III COLUMN B (III) WHICH IS A VOLUNTARY 457(B) PAYROLL DEDUCTION CONTRIBUTION MADE BY THE PARTICIPANT WHICH IS FULLY VESTED.