Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $1,858,354

• 1e · Government grants (contributions)

  $465,816

• 1f · All other contributions, gifts and grants

  $3,602,742

• 1g · Noncash contributions included above

  $30,709

• 2a · Program service revenue: Earned Income

  total $151,420 · related or exempt $151,420

• 2b · Program service revenue: Other Income

  total $84,822 · related or exempt $84,822

• 2c · Program service revenue: Publications/Information

  total $52,248 · unrelated business $52,248

• 3 · Investment income

  total $920,389 · excluded $920,389

• 7a · Gross sales of assets other than inventory

  securities $4,165,569

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

  securities $3,835,363

• 7c · Gain or loss

  securities $330,206

• 7d · Net gain or loss

  total $330,206 · excluded $330,206

• 10a · Gross sales of inventory

  $713,034

• 10b · Cost of goods sold

  $448,274

• 10c · Net income from sales of inventory

  total $264,760 · related or exempt $264,760

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $407,800 · program services $407,800

• 2 · Grants to domestic individuals

  total $319,653 · program services $319,653

• 5 · Compensation of officers, directors and key employees

  total $567,609 · program services $126,743 · management and general $324,938 · fundraising $115,928

• 7 · Other salaries and wages

  total $4,536,587 · program services $3,322,985 · management and general $342,623 · fundraising $870,979

• 8 · Pension plan contributions

  total $198,301 · program services $144,258 · management and general $17,938 · fundraising $36,105

• 9 · Other employee benefits

  total $454,134 · program services $309,864 · management and general $60,063 · fundraising $84,207

• 10 · Payroll taxes

  total $361,022 · program services $239,708 · management and general $55,132 · fundraising $66,182

• 11b · Fees: legal

  total $15,010 · program services $4,016 · management and general $10,994

• 11c · Fees: accounting

  total $39,850 · management and general $39,850

• 11d · Fees: lobbying

  total $50,442 · management and general $50,442

• 11f · Fees: investment management

  total $126,217 · management and general $126,217

• 11g · Fees: other

  total $461,805 · program services $369,048 · management and general $92,269 · fundraising $488

• 12 · Advertising and promotion

  total $53,192 · program services $53,192

• 13 · Office expenses

  total $199,131 · program services $130,607 · management and general $21,017 · fundraising $47,507

• 14 · Information technology

  total $257,563 · program services $69,031 · management and general $171,339 · fundraising $17,193

• 16 · Occupancy

  total $152,000 · program services $24,525 · management and general $125,500 · fundraising $1,975

• 17 · Travel

  total $169,857 · program services $145,820 · management and general $9,782 · fundraising $14,255

• 19 · Conferences, conventions and meetings

  total $15,766 · program services $14,837 · management and general $929

• 22 · Depreciation, depletion and amortization

  total $97,873 · program services $72,284 · management and general $10,969 · fundraising $14,620

• 23 · Insurance

  total $30,453 · program services $26 · management and general $30,427

• 24a · Other expenses: Program Support Service

  total $235,013 · program services $534,573 · management and general -$444,790 · fundraising $145,230

• 24b · Other expenses: Pulications

  total $225,891 · program services $191,156 · management and general $771 · fundraising $33,964

• 24c · Other expenses: Employee Training & Dev

  total $72,766 · program services $62,774 · management and general $8,355 · fundraising $1,637

• 24d · Other expenses: Equipment Cost

  total $44,179 · program services $29,495 · management and general $12,950 · fundraising $1,734

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $50,029 · end of year $28,129

• 2 · Savings and temporary cash investments

  beginning of year $2,866,316 · end of year $2,448,106

• 3 · Pledges and grants receivable

  beginning of year $717,673 · end of year $783,011

• 4 · Accounts receivable

  beginning of year $88,377 · end of year $398,251

• 7 · Other notes and loans receivable

  beginning of year $51,700 · end of year $99,756

• 8 · Inventories for sale or use

  beginning of year $299,624 · end of year $337,102

• 9 · Prepaid expenses and deferred charges

  beginning of year $152,006 · end of year $183,180

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

  $3,388,351

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

  $2,515,044

• 10c · Land, buildings and equipment, net

  beginning of year $933,229 · end of year $873,307

• 11 · Investments: publicly traded securities

  beginning of year $28,697,582 · end of year $30,390,188

• 12 · Investments: other securities

  beginning of year $94,557 · end of year $94,557

• 14 · Intangible assets

  beginning of year $51,386 · end of year $116,663

• 15 · Other assets

  beginning of year $2,644,063 · end of year $2,641,351

• 17 · Accounts payable and accrued expenses

  beginning of year $827,298 · end of year $827,563

• 19 · Deferred revenue

  beginning of year $23,596 · end of year $11,818

• 24 · Unsecured notes and loans payable

  beginning of year $100,000 · end of year $100,000

• 25 · Other liabilities

  beginning of year $51,386 · end of year $116,280

• 27 · Net assets without donor restrictions

  beginning of year $16,707,259 · end of year $15,659,314

• 28 · Net assets with donor restrictions

  beginning of year $18,937,003 · end of year $21,678,626

The filer's explanations (Part III)

Part I, Line 1b

The organization provided a taxable housing allowance to the current president. The housing allowance was included in the offer of employment, and is not part of an organizational policy.

Part I, Line 7

Discretionary bonuses were authorized for members of the senior leadership team in June 2024, in recognition of organizational and individual performance.