Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: EXHIBITS & MEETINGS

  total $44,535,696 · related or exempt $43,392,090 · unrelated business $1,143,606

• 2b · Program service revenue: PUBLICATIONS & MEDIA

  total $15,206,333 · related or exempt $135,956 · unrelated business $14,928,563 · excluded $141,814

• 2c · Program service revenue: MEMBERSHIP DUES

  total $1,980,554 · related or exempt $1,980,554

• 2d · Program service revenue: REGISTRATION

  total $966,990 · related or exempt $966,990

• 2e · Program service revenue: SPONSORSHIPS

  total $789,558 · excluded $789,558

• 2f · All other program service revenue

  total $1,420,369 · related or exempt $1,305,202 · excluded $115,167

• 3 · Investment income

  total $1,778,172 · excluded $1,778,172

• 11a · Other revenue: EARNINGS FROM SUBS

  total $2,949,709 · related or exempt $2,949,709

• 11b · Other revenue: EXPO PACK COMMISSIONS

  total $716,453 · excluded $716,453

• 11d · All other revenue

  total $1,027,939 · excluded $1,027,939

• 11e · Other revenue, total

  $4,694,101

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $995,688

• 5 · Compensation of officers, directors and key employees

  total $2,114,429

• 7 · Other salaries and wages

  total $13,312,244

• 8 · Pension plan contributions

  total $2,272,066

• 9 · Other employee benefits

  total $2,305,342

• 10 · Payroll taxes

  total $1,076,727

• 11b · Fees: legal

  total $75,299

• 11c · Fees: accounting

  total $195,432

• 11f · Fees: investment management

  total $175,420

• 11g · Fees: other

  total $24,474,373

• 12 · Advertising and promotion

  total $2,310,443

• 13 · Office expenses

  total $1,422,533

• 14 · Information technology

  total $2,135,450

• 16 · Occupancy

  total $1,179,221

• 17 · Travel

  total $1,667,094

• 19 · Conferences, conventions and meetings

  total $5,219,529

• 22 · Depreciation, depletion and amortization

  total $1,451,937

• 23 · Insurance

  total $572,566

• 24a · Other expenses: COMMISSIONS

  total $2,126,748

• 24b · Other expenses: PRINTING & PUBLICATIONS

  total $1,903,733

• 24c · Other expenses: EDUCATION

  total $171,029

• 24d · Other expenses: BUSINESS TAXES & PROV.

  total $55,781

• 24e · All other expenses

  total $2,885,946

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $3,476,092 · end of year $1,888,585

• 4 · Accounts receivable

  beginning of year $5,959,392 · end of year $2,712,505

• 8 · Inventories for sale or use

  beginning of year $3,395 · end of year $10,527

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,726,870 · end of year $1,551,970

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

  $5,501,685

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

  $3,277,574

• 10c · Land, buildings and equipment, net

  beginning of year $2,081,560 · end of year $2,224,111

• 11 · Investments: publicly traded securities

  beginning of year $51,071,946 · end of year $62,821,765

• 12 · Investments: other securities

  beginning of year $2,135,954 · end of year $1,433,332

• 15 · Other assets

  beginning of year $15,957,833 · end of year $15,714,941

• 17 · Accounts payable and accrued expenses

  beginning of year $10,254,371 · end of year $7,748,572

• 19 · Deferred revenue

  beginning of year $7,883,317 · end of year $15,543,089

• 25 · Other liabilities

  beginning of year $16,149,718 · end of year $13,518,903

• 27 · Net assets without donor restrictions

  beginning of year $48,125,636 · end of year $51,547,172

The filer's explanations (Part III)

PART I, LINE 1A

PMMI REIMBURSED CERTAIN STAFF MEMBERS FOR SPOUSAL TRAVEL. EACH INDIVIDUAL WAS APPRISED OF THE TAXABLE NATURE OF SUCH REIMBURSMENT BY WAY OF A FORM W-2 ADDITION TO COMPENSATION: -JAMES PITTAS: $5,625 PMMI PAID FOR A SOCIAL CLUB MEMBERSHIP OF $1,490 AND A TAX GROSS UP OF $169,223 FOR ITS PRESIDENT AND CEO DURING 2023. ALL AMOUNTS ARE PROPERLY REPORTED ON FORM W-2 AND IN FORM 990, PART VII AND ON FORM 990, SCHEDULE J, PART II.

PART I, LINE 1B

PMMI HAS WRITTEN POLICIES ON EVERYTHING EXCEPT FOR SPOUSAL TRAVEL. PMMI'S SPOUSAL TRAVEL POLICY IS NOT EXPLICITLY WRITTEN OUT, BUT IS AN OFFICIAL POLICY AND IS CARRIED OUT CONSISTENTLY.

Disregarded entities

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

• PACK EXPO SERVICES LLC

  EXHIBITOR CONTRACTOR SERVICES · VA · income $20,159,653 · assets $2,901,988

  Directly controlled by PMMI

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• EXPO PACK MEXICO SA DE CV

  C · TRADE SHOW · MX · 100% owned · share of income $5,208,948 · share of assets $5,729,062

  Directly controlled by PMMI