Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $8,214,812

• 2a · Program service revenue: MEMBERSHIP DUES

  total $2,955,218 · related or exempt $2,955,218

• 2b · Program service revenue: CONVENTIONS, SEMINARS AND TRAININ

  total $1,997,987 · related or exempt $1,997,987

• 2c · Program service revenue: INDUSTRY FUND RESERVE

  total $449,010 · related or exempt $449,010

• 2d · Program service revenue: PREMIER PARTNER PROGRAM

  total $325,450 · related or exempt $325,450

• 2e · Program service revenue: COUNCIL AND MANAGERS' FUNCTIONS

  total $88,957 · related or exempt $88,957

• 3 · Investment income

  total $357,040 · excluded $357,040

• 7a · Gross sales of assets other than inventory

  securities $5,305,116

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

  securities $5,820,543

• 7c · Gain or loss

  securities -$515,427

• 7d · Net gain or loss

  total -$515,427 · excluded -$515,427

• 10a · Gross sales of inventory

  $1,037,342

• 10b · Cost of goods sold

  $196,635

• 10c · Net income from sales of inventory

  total $840,707 · related or exempt $840,707

• 11a · Other revenue: MISCELLANEOUS

  total $6,363 · excluded $6,363

• 11e · Other revenue, total

  $6,363

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $710,000

• 5 · Compensation of officers, directors and key employees

  total $2,381,839

• 7 · Other salaries and wages

  total $2,973,979

• 8 · Pension plan contributions

  total $276,516

• 9 · Other employee benefits

  total $548,852

• 10 · Payroll taxes

  total $321,596

• 11b · Fees: legal

  total $445,803

• 11c · Fees: accounting

  total $51,948

• 11g · Fees: other

  total $1,052,303

• 12 · Advertising and promotion

  total $389,747

• 13 · Office expenses

  total $88,083

• 14 · Information technology

  total $159,838

• 16 · Occupancy

  total $131,760

• 17 · Travel

  total $595,385

• 19 · Conferences, conventions and meetings

  total $3,006,727

• 20 · Interest

  total $247

• 22 · Depreciation, depletion and amortization

  total $58,464

• 23 · Insurance

  total $115,671

• 24a · Other expenses: OTHER PROJECT EXPENSES

  total $486,679

• 24b · Other expenses: ALLOCATED ADMIN EXPENSE

  total $223,190

• 24c · Other expenses: DUES & SUBSCRIPTIONS

  total $102,474

• 24d · Other expenses: LOBBYING TAX

  total $15,010

• 24e · All other expenses

  total $99,390

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,349,155 · end of year $3,506,663

• 2 · Savings and temporary cash investments

  beginning of year $2,143,348 · end of year $998,642

• 4 · Accounts receivable

  beginning of year $24,011 · end of year $17,099

• 8 · Inventories for sale or use

  beginning of year $562,372 · end of year $432,957

• 9 · Prepaid expenses and deferred charges

  beginning of year $256,242 · end of year $240,498

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

  $5,947,863

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

  $4,791,613

• 10c · Land, buildings and equipment, net

  beginning of year $1,176,847 · end of year $1,156,250

• 11 · Investments: publicly traded securities

  beginning of year $20,365,490 · end of year $18,520,374

• 15 · Other assets

  beginning of year $805,722 · end of year $568,755

• 17 · Accounts payable and accrued expenses

  beginning of year $768,028 · end of year $785,373

• 19 · Deferred revenue

  beginning of year $122,508 · end of year $257,710

• 25 · Other liabilities

  beginning of year $416,235 · end of year $368,559

• 27 · Net assets without donor restrictions

  beginning of year $26,376,416 · end of year $24,029,596

The filer's explanations (Part III)

PART I, LINE 1A

SMACNA REIMBURSES ITS EXECUTIVE COMMITTEE MEMBERS AND THEIR SPOUSES TO FLY TO BOARD MEETING LOCATIONS. EXECUTIVE COMMITTEE MEMBERS ARE TAXED ON THE VALUE OF AIRFARE.