Form 990 for tax year 2025

1d · Related organizations

$150,000

2a · Program service revenue: PROFESSIONAL DEVELOPMENT

total $2,756,841 · related or exempt $2,756,841

2b · Program service revenue: MEMBERSHIP DUES

total $738,947 · related or exempt $738,947

2c · Program service revenue: LEATHERNECK MAGAZINE

total $393,847 · related or exempt $173,285 · unrelated business $220,562

2d · Program service revenue: MARINE CORPS GAZETTE

total $291,529 · related or exempt $55,755 · unrelated business $235,774

3 · Investment income

total $319,477 · excluded $319,477

5 · Royalties

total $124,582 · excluded $124,582

6a · Gross rents

real property $97,020

6b · Less rental expenses

real property $0

6c · Rental income or loss

real property $97,020

6d · Net rental income or loss

total $97,020 · excluded $97,020

7a · Gross sales of assets other than inventory

securities $1,141,061

7b · Less cost or other basis and sales expenses

securities $824,340

7c · Gain or loss

securities $316,721

7d · Net gain or loss

total $316,721 · excluded $316,721

10a · Gross sales of inventory

$6,925,580

10b · Cost of goods sold

$3,380,270

10c · Net income from sales of inventory

total $3,545,310 · related or exempt $3,545,310

11a · Other revenue: OTHER INCOME

total $25,293 · excluded $25,293

11b · Other revenue: WEBSITE ADVERTISING

total $20,035 · excluded $20,035

11c · Other revenue: CASH DISCOUNTS

total $1,723 · excluded $1,723

11e · Other revenue, total

$47,051

5 · Compensation of officers, directors and key employees

total $429,529

7 · Other salaries and wages

total $3,973,603

8 · Pension plan contributions

total $163,369

9 · Other employee benefits

total $211,525

10 · Payroll taxes

total $322,190

11b · Fees: legal

total $16,190

11c · Fees: accounting

total $67,151

11f · Fees: investment management

total $18,277

11g · Fees: other

total $218,069

12 · Advertising and promotion

total $66,026

13 · Office expenses

total $280,390

16 · Occupancy

total $89,827

17 · Travel

total $45,422

19 · Conferences, conventions and meetings

total $595,648

20 · Interest

total $167

22 · Depreciation, depletion and amortization

total $237,267

23 · Insurance

total $92,312

24a · Other expenses: PUBLICATION EXPENSE

total $973,531

24b · Other expenses: REPLACEMENT/LOST/DAMAGE

total $272,101

24c · Other expenses: BANK & CREDIT CARD FEES

total $208,021

24d · Other expenses: REPAIRS & MAINTENANCE

total $94,276

24e · All other expenses

total $110,002

1 · Cash, non-interest-bearing

beginning of year $187,317 · end of year $162,929

2 · Savings and temporary cash investments

beginning of year $305,428 · end of year $279,686

4 · Accounts receivable

beginning of year $199,011 · end of year $966,136

8 · Inventories for sale or use

beginning of year $2,400,175 · end of year $2,335,724

9 · Prepaid expenses and deferred charges

beginning of year $228,816 · end of year $122,982

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

$10,268,900

10b · Land, buildings and equipment: accumulated depreciation

$8,386,771

10c · Land, buildings and equipment, net

beginning of year $2,108,220 · end of year $1,882,129

11 · Investments: publicly traded securities

beginning of year $11,610,097 · end of year $13,043,232

15 · Other assets

beginning of year $6,001 · end of year $6,001

17 · Accounts payable and accrued expenses

beginning of year $623,206 · end of year $941,521

19 · Deferred revenue

beginning of year $1,426,559 · end of year $1,043,238

23 · Secured mortgages and notes payable

beginning of year $8,905

27 · Net assets without donor restrictions

beginning of year $14,740,570 · end of year $16,540,861

28 · Net assets with donor restrictions

beginning of year $245,825 · end of year $273,199