Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: SAB ASSESSMENTS

  total $73,844,143 · related or exempt $73,844,143

• 2b · Program service revenue: MEMBERSHIP DUES

  total $17,885,792 · related or exempt $17,885,792

• 3 · Investment income

  total $4,237,862 · excluded $4,237,862

• 6a · Gross rents

  real property $92,350

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $92,350

• 6d · Net rental income or loss

  total $92,350 · excluded $92,350

• 7a · Gross sales of assets other than inventory

  securities $532,076 · other assets $12,221

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

  securities $0 · other assets $0

• 7c · Gain or loss

  securities $532,076 · other assets $12,221

• 7d · Net gain or loss

  total $544,297 · excluded $544,297

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $361 · excluded $361

• 11e · Other revenue, total

  $361

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,000,000

• 5 · Compensation of officers, directors and key employees

  total $4,566,451

• 7 · Other salaries and wages

  total $6,018,837

• 8 · Pension plan contributions

  total $539,340

• 9 · Other employee benefits

  total $2,202,223

• 10 · Payroll taxes

  total $864,304

• 11b · Fees: legal

  total $3,507,976

• 11d · Fees: lobbying

  total $844,520

• 11g · Fees: other

  total $50,634,291

• 13 · Office expenses

  total $112,609

• 14 · Information technology

  total $201,886

• 16 · Occupancy

  total $1,448,059

• 17 · Travel

  total $1,114,711

• 21 · Payments to affiliates

  total $126,624

• 22 · Depreciation, depletion and amortization

  total $231,104

• 23 · Insurance

  total $65,715

• 24a · Other expenses: INDUSTRY PROJECTS

  total $20,443,287

• 24b · Other expenses: CONTRIBUTIONS

  total $277,000

• 24c · Other expenses: PUBLICATIONS AND SUBSCR

  total $204,919

• 24d · Other expenses: PAC ADMIN EXPENSES

  total $12,695

• 24e · All other expenses

  total $8,618

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,497,458 · end of year $1,247,133

• 4 · Accounts receivable

  beginning of year $136,193 · end of year $256,248

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,188,109 · end of year $355,746

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

  $3,091,729

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

  $1,595,151

• 10c · Land, buildings and equipment, net

  beginning of year $1,611,426 · end of year $1,496,578

• 11 · Investments: publicly traded securities

  beginning of year $59,674,359 · end of year $58,291,359

• 12 · Investments: other securities

  beginning of year $9,888,111 · end of year $3,699,811

• 15 · Other assets

  beginning of year $37,971,580 · end of year $43,008,083

• 17 · Accounts payable and accrued expenses

  beginning of year $12,686,920 · end of year $4,757,856

• 19 · Deferred revenue

  beginning of year $6,289,500 · end of year $10,250

• 23 · Secured mortgages and notes payable

  end of year $12,382,382

• 25 · Other liabilities

  beginning of year $3,543,884 · end of year $18,204,708

• 27 · Net assets without donor restrictions

  beginning of year $50,388,393 · end of year $39,258,622

• 28 · Net assets with donor restrictions

  beginning of year $42,058,539 · end of year $33,741,140

The filer's explanations (Part III)

PART I, LINE 1A

THE PRESIDENT & CEO HAS ACCESS TO A HEALTH CLUB.

PART I, LINES 4B-C

THE FOLLOWING EMPLOYEES WERE ELIGIBLE FOR DEFERRED COMPENSATION FOR 2022: NAME: KATHERINE LUGAR, PRESIDENT & CEO, CURRENT YEAR AMOUNT DISTRIBUTED: $22,198. NAME: AMY E. HANCOCK, EVP, GENERAL COUNSEL, CURRENT YEAR AMOUNT DISTRIBUTED: $12,344. NAME: ROBERT A. MICEK, EVP & CHIEF FINANCIAL OFFICER, CURRENT YEAR AMOUNT DISTRIBUTED: $12,344. NAME: SEAN KRISPINSKY, DEPUTY GENERAL COUNSEL, CURRENT YEAR AMOUNT DISTRIBUTED: $11,043. AMERICAN BEVERAGE ASSOCIATION HAS A LONG TERM INCENTIVE PLAN. LTIP COMPENSATION PAID OUT IS INCLUDED IN 'REPORTABLE COMPENSATION' IN PART VII, COLUMN (D). NAME: KATHERINE LUGAR, PRESIDENT & CEO, CURRENT YEAR AMOUNT DISTRIBUTED: $460,954. NAME: AMY E. HANCOCK, EVP, GENERAL COUNSEL, CURRENT YEAR AMOUNT DISTRIBUTED: $86,245. NAME: KEVIN W. KEANE, EVP, GOVERNMENT & PUBLIC AFFAIRS, CURRENT YEAR AMOUNT DISTRIBUTED: $86,245.