Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $275,213

• 1c · Fundraising events

  $356,755

• 1f · All other contributions, gifts and grants

  $87,210

• 2a · Program service revenue: TUITION

  total $542,510 · related or exempt $542,510

• 2b · Program service revenue: PROGRAM EVENTS

  total $240,800 · related or exempt $240,800

• 2c · Program service revenue: SPONSORSHIP

  total $8,500 · related or exempt $8,500

• 3 · Investment income

  total $34,170 · excluded $34,170

• 7a · Gross sales of assets other than inventory

  securities $142,948

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

  securities $144,872

• 7c · Gain or loss

  securities -$1,924

• 7d · Net gain or loss

  total -$1,924 · excluded -$1,924

• 8a · Fundraising events: gross income

  $120,000

• 8a · Fundraising events: contributions included on line 1c

  $356,755

• 8b · Fundraising events: direct expenses

  $209,424

• 8c · Net income from fundraising events

  total -$89,424 · excluded -$89,424

• 11d · All other revenue

  total $2,255 · related or exempt $2,255

• 11e · Other revenue, total

  $2,255

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $59,250 · program services $59,250

• 5 · Compensation of officers, directors and key employees

  total $313,172 · program services $183,323 · management and general $57,689 · fundraising $72,160

• 7 · Other salaries and wages

  total $477,616 · program services $279,585 · management and general $87,979 · fundraising $110,052

• 8 · Pension plan contributions

  total $10,598 · program services $6,204 · management and general $1,952 · fundraising $2,442

• 9 · Other employee benefits

  total $33,407 · program services $19,556 · management and general $6,153 · fundraising $7,698

• 10 · Payroll taxes

  total $62,023 · program services $36,307 · management and general $11,425 · fundraising $14,291

• 11c · Fees: accounting

  total $45,900 · management and general $45,900

• 11f · Fees: investment management

  total $6,934 · management and general $6,934

• 11g · Fees: other

  total $7,735 · program services $5,209 · management and general $2,066 · fundraising $460

• 12 · Advertising and promotion

  total $6,400 · program services $6,400

• 13 · Office expenses

  total $11,464 · program services $7,592 · management and general $2,441 · fundraising $1,431

• 14 · Information technology

  total $9,713 · management and general $9,713

• 16 · Occupancy

  total $17,240 · program services $10,092 · management and general $3,175 · fundraising $3,973

• 17 · Travel

  total $4,589 · program services $2,621 · management and general $58 · fundraising $1,910

• 19 · Conferences, conventions and meetings

  total $410,210 · program services $244,992 · management and general $5,503 · fundraising $159,715

• 22 · Depreciation, depletion and amortization

  total $3,200 · management and general $3,200

• 23 · Insurance

  total $3,243 · program services $1,898 · management and general $598 · fundraising $747

• 24a · Other expenses: PROFESSIONAL DEVELOPMEN

  total $19,017 · management and general $19,017

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $535 · management and general $535

• 24e · All other expenses

  total $10,816 · management and general $10,816

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $773,451 · end of year $722,551

• 3 · Pledges and grants receivable

  beginning of year $5,000 · end of year $5,000

• 4 · Accounts receivable

  beginning of year $12,000 · end of year $1,650

• 9 · Prepaid expenses and deferred charges

  beginning of year $143,946 · end of year $69,501

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

  $18,345

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

  $15,163

• 10c · Land, buildings and equipment, net

  beginning of year $1,052 · end of year $3,182

• 11 · Investments: publicly traded securities

  beginning of year $1,387,825 · end of year $1,465,445

• 14 · Intangible assets

  end of year $6,214

• 15 · Other assets

  beginning of year $3,500 · end of year $3,500

• 17 · Accounts payable and accrued expenses

  beginning of year $104,163 · end of year $109,327

• 19 · Deferred revenue

  beginning of year $641,050 · end of year $584,388

• 25 · Other liabilities

  beginning of year $0 · end of year $6,259

• 27 · Net assets without donor restrictions

  beginning of year $1,264,151 · end of year $1,290,897

• 28 · Net assets with donor restrictions

  beginning of year $317,410 · end of year $286,172

The filer's explanations (Part III)

PART I, LINE 7

THE BONUSES WERE AWARDED BASED UPON ANNUAL PERFORMANCE, AND APPROVED BY THE COMPENSATION COMMITTEE.