Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $250,000

• 1e · Government grants (contributions)

  $266,615,082

• 2a · Program service revenue: PUBLIC OPINION RSRCH.

  total $80,359,951 · related or exempt $72,561,863 · unrelated business $7,798,088

• 3 · Investment income

  total $1,188,171 · excluded $1,188,171

• 7a · Gross sales of assets other than inventory

  securities $486,236 · other assets $69,688

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

  securities $0 · other assets $0

• 7c · Gain or loss

  securities $486,236 · other assets $69,688

• 7d · Net gain or loss

  total $555,924 · excluded $555,924

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $5,446,116 · program services $286,869 · management and general $5,159,247

• 6 · Compensation of disqualified persons

  total $318,715 · program services $181,668 · management and general $137,047

• 7 · Other salaries and wages

  total $127,434,646 · program services $88,243,106 · management and general $39,191,540

• 8 · Pension plan contributions

  total $14,275,820 · program services $8,736,357 · management and general $5,539,463

• 9 · Other employee benefits

  total $22,603,407 · program services $18,508,868 · management and general $4,094,539

• 10 · Payroll taxes

  total $11,691,253 · program services $7,032,219 · management and general $4,659,034

• 11b · Fees: legal

  total $1,561,941 · management and general $1,561,941

• 11c · Fees: accounting

  total $2,950,901 · management and general $2,950,901

• 11d · Fees: lobbying

  total $264,000 · management and general $264,000

• 11f · Fees: investment management

  total $79,107 · management and general $79,107

• 11g · Fees: other

  total $68,412,818 · program services $64,136,050 · management and general $4,276,768

• 13 · Office expenses

  total $11,686,022 · program services $11,328,587 · management and general $357,435

• 14 · Information technology

  total $17,072,980 · program services $13,649,788 · management and general $3,423,192

• 16 · Occupancy

  total $8,714,968 · management and general $8,714,968

• 17 · Travel

  total $4,500,556 · program services $2,812,984 · management and general $1,687,572

• 20 · Interest

  total $89,173 · management and general $89,173

• 22 · Depreciation, depletion and amortization

  total $8,351,307 · management and general $8,351,307

• 23 · Insurance

  total $725,462 · management and general $725,462

• 24a · Other expenses: FACILITIES COSTS

  total $2,086,638 · management and general $2,086,638

• 24b · Other expenses: DATA COLL. & RESPONDENT

  total $1,721,417 · program services $1,721,417

• 24c · Other expenses: BOOKS & SUBSCRIPTIONS

  total $344,134 · program services $40,796 · management and general $303,338

• 24d · Other expenses: SITE OFFICE & TRAINING

  total $1,685 · program services -$1,824 · management and general $3,509

• 24e · All other expenses

  total $30,639,681 · program services $5,706,005 · management and general $24,933,676

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $16,742,290 · end of year $21,492,112

• 4 · Accounts receivable

  beginning of year $87,124,014 · end of year $96,281,361

• 9 · Prepaid expenses and deferred charges

  beginning of year $5,404,621 · end of year $4,017,543

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

  $26,997,655

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

  $23,114,369

• 10c · Land, buildings and equipment, net

  beginning of year $5,261,143 · end of year $3,883,286

• 11 · Investments: publicly traded securities

  beginning of year $23,024,830 · end of year $25,812,464

• 12 · Investments: other securities

  beginning of year $17,006,314 · end of year $20,548,935

• 14 · Intangible assets

  beginning of year $22,895,499 · end of year $27,055,843

• 15 · Other assets

  beginning of year $17,807,508 · end of year $13,768,207

• 17 · Accounts payable and accrued expenses

  beginning of year $45,509,829 · end of year $53,374,687

• 19 · Deferred revenue

  beginning of year $48,217,802 · end of year $49,258,995

• 25 · Other liabilities

  beginning of year $17,378,112 · end of year $12,912,225

• 27 · Net assets without donor restrictions

  beginning of year $84,153,110 · end of year $97,313,844

• 28 · Net assets with donor restrictions

  beginning of year $7,366 · end of year $0

The filer's explanations (Part III)

PART I, LINE 1A

HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES DANIEL GAYLIN RECEIVES AN EXPENSE REIMBURSEMENT FOR THE QUADRANGLE CLUB, THE UNIVERSITY CLUB, THE ECONOMICS CLUB, AND THE COMMERCIAL CLUB SOCIAL DUES. SUCH PAYMENTS ARE GENERALLY PROVIDED BASED ON THE PROVISIONS OF A SERVICES AGREEMENT. THE PAYMENTS FOR SUCH ITEMS ARE NONTAXABLE TO THE INDIVIDUAL.

PART I, LINE 7:

NON-FIXED PAYMENTS NORC PAID DISCRETIONARY BONUSES TO STAFF BASED ON INDIVIDUAL PERFORMANCE. THE PRESIDENT/CEO DETERMINED THE AVAILABLE BONUS POOL DOLLARS, AND ALLOCATED TO HIS OR HER DIRECT REPORTS (SENIOR EXECUTIVES) BASED ON PAYROLL, (THEY ARE ALSO PROVIDED THE SALARY AND BONUS HISTORY FOR STAFF FOR THE PAST 5 YEARS). THE SENIOR EXECUTIVES DETERMINED HOW THEIR PORTION OF THE BONUS POOL WAS ALLOCATED AMONG THE DEPARTMENTS/UNITS IN THEIR AREAS. IF THE ALLOCATIONS DEVIATED SUBSTANTIALLY FROM ALLOCATIONS BASED ON PAYROLL, THERE MUST BE PRESIDENT/CEO REVIEW AND APPROVAL. THE PRESIDENT/CEO AND SENIOR EXECUTIVES CONVENE TO REVIEW, FINALIZE, AND APPROVE ALL RECOMMENDATIONS FOR BONUSES (OTHER THAN THOSE PEOPLE ON THE BOARD COMPENSATION COMMITTEE). UPON COMPLETION OF THE PRESIDENT/CEO AND SENIOR EXECUTIVE REVIEW, THE APPROVED INCREASES WILL BE SENT TO HR FOR THOSE STAFF NOT ELIGIBLE FOR BOARD COMPENSATION REVIEW. THE PRESIDENT/CEO WILL MEET WITH THE BOARD COMPENSATION COMMITTEE, AND OBTAIN APPROVAL FOR THE PROPOSED ACTIONS FOR THE BOARD COMPENSATION COMMITTEE STAFF. ONCE APPROVED THE PRESIDENT/CEO WILL PROVIDE HR WITH THE FINAL APPROVED SALARY ACTIONS.