Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $129,437

• 2a · Program service revenue: TELECAST REVENUE

  total $17,480,457 · excluded $17,480,457

• 2b · Program service revenue: SPONSORSHIP INCOME

  total $3,677,385 · excluded $3,677,385

• 2c · Program service revenue: PROJECT INCOME (POTY)

  total $2,114,150 · related or exempt $2,114,150

• 2d · Program service revenue: STREAMING ROYALTIES

  total $775,954 · excluded $775,954

• 2e · Program service revenue: FOREIGN SYNDICATION INCOME

  total $627,794 · related or exempt $627,794

• 2f · All other program service revenue

  total $177,835 · related or exempt $177,835

• 3 · Investment income

  total $659,842 · excluded $659,842

• 5 · Royalties

  total $366,297 · excluded $366,297

• 7a · Gross sales of assets other than inventory

  securities $7,862,468

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

  securities $8,814,942

• 7c · Gain or loss

  securities -$952,474

• 7d · Net gain or loss

  total -$952,474 · excluded -$952,474

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,400,000

• 5 · Compensation of officers, directors and key employees

  total $3,776,276

• 7 · Other salaries and wages

  total $2,382,246

• 8 · Pension plan contributions

  total $165,899

• 9 · Other employee benefits

  total $562,805

• 10 · Payroll taxes

  total $326,503

• 11b · Fees: legal

  total $138,234

• 11c · Fees: accounting

  total $197,776

• 11f · Fees: investment management

  total $124,738

• 11g · Fees: other

  total $1,703,508

• 12 · Advertising and promotion

  total $202,368

• 13 · Office expenses

  total $846,479

• 14 · Information technology

  total $791,759

• 15 · Royalties

  total $474,691

• 17 · Travel

  total $441,477

• 22 · Depreciation, depletion and amortization

  total $52,610

• 23 · Insurance

  total $214,180

• 24a · Other expenses: EVENT PRODUCTION COSTS

  total $8,343,404

• 24b · Other expenses: BRAND SUPPORT

  total $1,200,000

• 24c · Other expenses: MEMBERSHIP OUTREACH

  total $119,572

• 24d · Other expenses: POSTAGE & DELIVERY

  total $114,931

• 24e · All other expenses

  total $142,182

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,360,290 · end of year $5,427,711

• 4 · Accounts receivable

  beginning of year $2,383,632 · end of year $1,933,908

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,838,388 · end of year $2,002,886

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

  $2,001,562

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

  $970,734

• 10c · Land, buildings and equipment, net

  beginning of year $170,454 · end of year $1,030,828

• 11 · Investments: publicly traded securities

  beginning of year $32,293,980 · end of year $30,334,738

• 15 · Other assets

  beginning of year $68,334 · end of year $79,655

• 17 · Accounts payable and accrued expenses

  beginning of year $2,696,857 · end of year $3,846,911

• 19 · Deferred revenue

  beginning of year $140,496 · end of year $138,510

• 25 · Other liabilities

  beginning of year $1,090,427 · end of year $1,843,840

• 27 · Net assets without donor restrictions

  beginning of year $35,187,298 · end of year $34,980,465

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION HAS A WRITTEN POLICY REGARDING PAYMENT OF FIRST CLASS AIR TRAVEL. THE ORGANIZATION'S TRAVEL POLICY ESTABLISHES THAT FOR AIR TRAVEL EXCEEDING 4 HOURS IN LENGHT, PURCHASE OF BUSINESS CLASS TICKETS IS ALLOWED FOR C-OFFICERS, VICE PRESIDENTS AND TRUSTEES. WHEN AVAILABLE, BARTER IS THE PREFERRED METHOD OF AIR TRAVEL. IF BUSINESS CLASS TICKETS ARE NOT AVAILABLE, FIRST CLASS TICKETS CAN BE PURCHASED. THE ORGANIZATION HAS DETERMINED THAT FIRST CLASS TRAVEL MEETS THE BUSINESS REQUIREMENT STANDARD FOR NOT TREATING THE BENEFIT AS COMPENSATORY ON FORMS W-2/1099.

PART I, LINE 4A

LIVYS CERNA, DIRECTOR OF ARTIST RELATIONS, RECEIVED A SEVERANCE PAYMENT WHICH WAS PAID IN LUMP SUM OF $107,424 ON 09/16/2022.