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Nonprofiteer
← DRUM MAJOR INSTITUTE INC

Form 990 for tax year 2023

Filed by DRUM MAJOR INSTITUTE INC.

Totals

Total revenue
$1,100,854
Total expenses
$529,911
Contributions and grants received
$1,100,854
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$709,146
Total liabilities, end of year
$19,707
Net assets or fund balances, end of year
$689,439
Program services expenses (Part IX)
$522,045
Management and general expenses
$7,866
Fundraising expenses
$0
Program service expenses (Part III)
$522,045

Program services were 98.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $14,825

  • 1f · All other contributions, gifts and grants

    $1,086,029

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $350,000 · program services $350,000

  • 10 · Payroll taxes

    total $12,726 · program services $12,726

  • 13 · Office expenses

    total $530 · management and general $530

  • 14 · Information technology

    total $12,514 · program services $11,481 · management and general $1,033

  • 17 · Travel

    total $34,790 · program services $34,790

  • 23 · Insurance

    total $4,388 · management and general $4,388

  • 24a · Other expenses: STRATEGIC MESSAGING AND

    total $79,750 · program services $79,750

  • 24b · Other expenses: EVENT PLANNING AND MANA

    total $33,227 · program services $33,227

  • 24e · All other expenses

    total $1,986 · program services $71 · management and general $1,915

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $190,793 · end of year $709,146

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

    $38,083

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

    $38,083

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $36,972 · end of year $4,882

  • 25 · Other liabilities

    beginning of year $35,325 · end of year $14,825

  • 27 · Net assets without donor restrictions

    beginning of year $118,496 · end of year $689,439

Mission and programs · 2023

Mission

TO FOCUS ON WORKING TO ERADICATE POVERTY, RACISM AND MILITARISM/VIOLENCE, THROUGH ADVOCACY, EMPOWERMENT AND EDUCATION, TO WORK TOGETHER TO CREATE A VIBRANT, COMMUNITY-BASED SOCIETY FOCUSED ON SOCIAL JUSTICE, PEACE, ENRICHING LIVES AND WORKING TO FURTHER REALIZE THE DREAM.

Activities or mission (Part I)

TO OPERATE AS A NONPARTISAN THINK TANK THAT PARTNERS WITH ADVOCATES, ORGANIZERS, ELECTED OFFICIALS, AND OTHER LEADERS TO IMPROVE POLICYMAKING IN CITIES AND FOR CITIES.

  • EVENT INVOLVEMENTDIGITAL, SOCIAL MEDIA AND WEBSITE REDEVELOPMENTSTRATEGIC MESSAGING AND PUBLIC RELATIONSEVENY PLANNING AND MANAGEMENTTRAVELOTHER

    Expenses $522,045

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • William B Wechtel

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Martin Luther King III

    CHAIRMAN

    Total calculated
    $175,000
    From this org
    $175,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $175,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $175,000

  • Arndrea Waters King

    PRESIDENT

    Total calculated
    $175,000
    From this org
    $175,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $175,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $175,000

  • Verna Jennings Cleveland

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • Jeh C Johnson

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Scott Rechler

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Norman Omstein

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dan Roberti

    MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Eric N Gioia

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Frederick Davie

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lisa Gioia

    MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
25 April 2025
IRS schema version
2023v6.0
Source object
202501209349303500

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