Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 3 · Investment income

  total $3,201,751 · excluded $3,201,751

• 6a · Gross rents

  real property $50,664

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $50,664

• 6d · Net rental income or loss

  total $50,664 · excluded $50,664

• 7a · Gross sales of assets other than inventory

  securities $15,248,698

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

  securities $15,332,039

• 7c · Gain or loss

  securities -$83,341

• 7d · Net gain or loss

  total -$83,341 · excluded -$83,341

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $86,339 · management and general $86,339

• 7 · Other salaries and wages

  total $693,724 · management and general $693,724

• 8 · Pension plan contributions

  total $59,277 · management and general $59,277

• 9 · Other employee benefits

  total $226,887 · management and general $226,887

• 10 · Payroll taxes

  total $60,808 · management and general $60,808

• 11a · Fees: management

  total $1,071,398 · management and general $1,071,398

• 11b · Fees: legal

  total $2,315 · management and general $2,315

• 11c · Fees: accounting

  total $55,339 · management and general $55,339

• 11g · Fees: other

  total $36,521 · management and general $36,521

• 12 · Advertising and promotion

  total $242 · management and general $242

• 13 · Office expenses

  total $14,525 · management and general $14,525

• 14 · Information technology

  total $137,105 · management and general $137,105

• 16 · Occupancy

  total $2,883,490 · management and general $2,883,490

• 17 · Travel

  total $2,250 · management and general $2,250

• 23 · Insurance

  total $2,461,631 · management and general $2,461,631

• 24a · Other expenses: DUES & SUBSCRIPTIONS

  total $12,022 · management and general $12,022

• 24b · Other expenses: SUPPLIES: COLLECTIONS

  total $5,999 · management and general $5,999

• 24c · Other expenses: MEALS & ENTERTAINMENT

  total $940 · management and general $940

• 24d · Other expenses: LICENSES & PERMITS

  total $871 · management and general $871

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,000,500 · end of year $747,932

• 2 · Savings and temporary cash investments

  beginning of year $3,785,745 · end of year $3,850,598

• 4 · Accounts receivable

  beginning of year $12,265,964 · end of year $11,626,643

• 5 · Loans and receivables from officers and key people

  beginning of year $386,498 · end of year $374,698

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,395 · end of year $64,612

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

  $100,011,540

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

  $2,464,731

• 10c · Land, buildings and equipment, net

  beginning of year $85,507,377 · end of year $97,546,809

• 11 · Investments: publicly traded securities

  beginning of year $106,015,875 · end of year $100,122,340

• 15 · Other assets

  beginning of year $442,130 · end of year $307,232

• 17 · Accounts payable and accrued expenses

  beginning of year $2,158,386 · end of year $1,806,323

• 19 · Deferred revenue

  beginning of year $6,232 · end of year $6,468

• 22 · Loans and payables to officers and key people

  beginning of year $41,090 · end of year $108,513

• 25 · Other liabilities

  beginning of year $152,111 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $208,048,665 · end of year $212,719,560

The filer's explanations (Part III)

PART I, LINE 3

TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S DIRECTOR AND HIGHEST COMPENSATED INDIVIDUAL UNDER THE COMMON PAYMASTER AND SHARED SERVICES FOLLOWING FOR THE REBUTTABLE PRESUMPTION TEST: WRITTEN EMPLOYMENT CONTRACT BOARD OR COMPENSATION COMMITTEE OF THE RELATED ORGANIZATION.

PART I, LINE 7:

NON-FIXED PAYMENTS ANNUAL BONUSES ARE BASED ON BUDGET ALLOCATED AT BOARD DISCRETION.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• ARCHIVES AND ARMORY PMML WISCONSIN LLC

  MILITARY COLLECTION ARCHIVE · WI · income $50,665 · assets $109,682,694

  Directly controlled by PMML NORTH INC