Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBERSHIP DUES

  total $2,225,458 · related or exempt $2,225,458

• 2b · Program service revenue: CONVENTION EVENTS AND PROGRAMS

  total $923,994 · related or exempt $923,994

• 2c · Program service revenue: LIABILITY PREMIUMS

  total $17,814 · unrelated business $17,814

• 3 · Investment income

  total $176,298 · excluded $176,298

• 5 · Royalties

  total $10,191 · excluded $10,191

• 7a · Gross sales of assets other than inventory

  securities $3,834,436

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

  securities $3,969,966

• 7c · Gain or loss

  securities -$135,530

• 7d · Net gain or loss

  total -$135,530 · excluded -$135,530

• 11a · Other revenue: MANAGEMENT FEES

  total $97,279 · excluded $97,279

• 11b · Other revenue: OTHER INCOME

  total $9 · excluded $9

• 11e · Other revenue, total

  $97,288

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $389,743 · program services $307,897 · management and general $81,846

• 7 · Other salaries and wages

  total $527,518 · program services $416,739 · management and general $110,779

• 8 · Pension plan contributions

  total $26,883 · program services $21,238 · management and general $5,645

• 9 · Other employee benefits

  total $34,863 · program services $27,542 · management and general $7,321

• 10 · Payroll taxes

  total $65,051 · program services $51,390 · management and general $13,661

• 11b · Fees: legal

  total $18,952 · management and general $18,952

• 11c · Fees: accounting

  total $112,660 · management and general $112,660

• 11f · Fees: investment management

  total $4,781 · management and general $4,781

• 11g · Fees: other

  total $87,155 · program services $87,155

• 13 · Office expenses

  total $109,118 · program services $58,067 · management and general $51,051

• 14 · Information technology

  total $71,240 · program services $53,430 · management and general $17,810

• 16 · Occupancy

  total $140,883 · program services $105,662 · management and general $35,221

• 17 · Travel

  total $11,338 · program services $11,338

• 19 · Conferences, conventions and meetings

  total $964,003 · program services $964,003

• 22 · Depreciation, depletion and amortization

  total $58,551 · program services $43,913 · management and general $14,638

• 23 · Insurance

  total $75,939 · management and general $75,939

• 24a · Other expenses: ZONTIAN MAGAZINE

  total $145,588 · program services $145,588

• 24b · Other expenses: INTERNATIONAL BOARD & C

  total $48,401 · program services $2,563 · management and general $45,838

• 24e · All other expenses

  total $23,607 · program services $9,879 · management and general $13,728

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,280,428 · end of year $1,144,802

• 2 · Savings and temporary cash investments

  beginning of year $2,760,437 · end of year $3,880,948

• 4 · Accounts receivable

  beginning of year $521,060 · end of year $99,354

• 9 · Prepaid expenses and deferred charges

  beginning of year $718,994 · end of year $143,749

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

  $316,501

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

  $205,546

• 10c · Land, buildings and equipment, net

  beginning of year $143,594 · end of year $110,955

• 11 · Investments: publicly traded securities

  end of year $2,745,322

• 12 · Investments: other securities

  beginning of year $2,516,129

• 15 · Other assets

  beginning of year $7,932 · end of year $367,729

• 17 · Accounts payable and accrued expenses

  beginning of year $119,720 · end of year $153,998

• 19 · Deferred revenue

  beginning of year $2,684,591 · end of year $1,567,857

• 25 · Other liabilities

  beginning of year $51,064 · end of year $363,497

• 27 · Net assets without donor restrictions

  beginning of year $6,011,644 · end of year $6,362,671

• 28 · Net assets with donor restrictions

  beginning of year $81,555 · end of year $44,836

The filer's explanations (Part III)

PART I, LINE 3

IN DETERMINING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR, THE ZONTA INTERNATIONAL BOARD CONDUCTS EXTENSIVE RESEARCH ABOUT THE COMPENSATION LEVELS OF THE NOT-FOR-PROFIT SECTOR AND COMPARES THE DUTIES OF THE POSITION TO THOSE OF SIMILAR ORGANIZATIONS WHILE ALSO TAKING INTO CONSIDERATION THE INDIVIDUAL'S BACKGROUND, EXPERTISE, QUALIFICATIONS AND LOCAL ECONOMIC CONDITIONS.