Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $7,027

• 2a · Program service revenue: EVENT INCOME

  total $12,018,878 · related or exempt $12,018,878

• 2b · Program service revenue: SPONSORS

  total $2,768,788 · related or exempt $2,768,788

• 3 · Investment income

  total $123,667 · excluded $123,667

• 7a · Gross sales of assets other than inventory

  securities $639,598 · other assets $20,000

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

  securities $221,739 · other assets $0

• 7c · Gain or loss

  securities $417,859 · other assets $20,000

• 7d · Net gain or loss

  total $437,859 · excluded $437,859

• 10a · Gross sales of inventory

  $2,891,711

• 10b · Cost of goods sold

  $1,237,112

• 10c · Net income from sales of inventory

  total $1,654,599 · related or exempt $1,654,599

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $168,932 · related or exempt $168,932

• 11b · Other revenue: HOTEL ROOM COMMISSIONS

  total $26,630 · related or exempt $26,630

• 11e · Other revenue, total

  $195,562

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $156,468 · program services $78,234 · management and general $78,234

• 7 · Other salaries and wages

  total $1,475,219 · program services $683,653 · management and general $791,566

• 8 · Pension plan contributions

  total $42,218 · program services $22,427 · management and general $19,791

• 9 · Other employee benefits

  total $61,646 · program services $32,707 · management and general $28,939

• 10 · Payroll taxes

  total $151,575 · program services $79,835 · management and general $71,740

• 11b · Fees: legal

  total $110,085 · management and general $110,085

• 11c · Fees: accounting

  total $26,778 · management and general $26,778

• 11f · Fees: investment management

  total $28,144 · management and general $28,144

• 11g · Fees: other

  total $2,640,594 · program services $2,640,594

• 12 · Advertising and promotion

  total $174,516 · program services $174,516

• 13 · Office expenses

  total $1,794,666 · program services $1,760,945 · management and general $33,721

• 16 · Occupancy

  total $339,416 · program services $251,958 · management and general $87,458

• 17 · Travel

  total $41,529 · program services $18,298 · management and general $23,231

• 19 · Conferences, conventions and meetings

  total $4,525 · program services $4,525

• 20 · Interest

  total $2,051 · management and general $2,051

• 22 · Depreciation, depletion and amortization

  total $402,984 · management and general $402,984

• 23 · Insurance

  total $229,510 · program services $7,468 · management and general $222,042

• 24a · Other expenses: EVENT EXPENSE

  total $4,608,622 · program services $4,608,622

• 24b · Other expenses: EQUIPMENT LEASE AND MAI

  total $1,295,933 · program services $1,186,023 · management and general $109,910

• 24c · Other expenses: SPONSORSHIP EXPENSE

  total $1,077,628 · program services $1,077,628

• 24d · Other expenses: MISCELLANEOUS EXPENSES

  total $124,272 · program services $117,018 · management and general $7,254

• 24e · All other expenses

  total $63,322 · management and general $63,322

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,347,483 · end of year $8,204,258

• 4 · Accounts receivable

  beginning of year $1,806 · end of year $74,650

• 8 · Inventories for sale or use

  beginning of year $207,317 · end of year $188,430

• 9 · Prepaid expenses and deferred charges

  beginning of year $8,836 · end of year $49,432

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

  $10,506,830

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

  $3,510,257

• 10c · Land, buildings and equipment, net

  beginning of year $7,114,456 · end of year $6,996,573

• 11 · Investments: publicly traded securities

  beginning of year $2,366,276 · end of year $2,533,137

• 15 · Other assets

  beginning of year $38,485 · end of year $17,996

• 17 · Accounts payable and accrued expenses

  beginning of year $308,062 · end of year $180,030

• 19 · Deferred revenue

  beginning of year $613,241 · end of year $386,900

• 24 · Unsecured notes and loans payable

  beginning of year $38,485 · end of year $17,996

• 27 · Net assets without donor restrictions

  beginning of year $15,124,871 · end of year $17,479,550

The filer's explanations (Part III)

PART I, LINE 5

COMMISSIONS PAID ON MERCHANDISE AND SPONSORSHIP SALES

PART I, LINE 7

THE BOARD OF DIRECTORS APPROVES A DISCRETIONARY BONUS PLAN FOR VARIOUS EMPLOYEES EACH YEAR.