Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $145,256

• 1c · Fundraising events

  $360,978

• 1f · All other contributions, gifts and grants

  $1,109,033

• 1g · Noncash contributions included above

  $173,281

• 2a · Program service revenue: EXHIBIT FEES

  total $300 · related or exempt $300

• 3 · Investment income

  total $186,558 · excluded $186,558

• 7a · Gross sales of assets other than inventory

  securities $724,183

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

  securities $725,121

• 7c · Gain or loss

  securities -$938

• 7d · Net gain or loss

  total -$938 · excluded -$938

• 8a · Fundraising events: gross income

  $219,581

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

  $360,978

• 8b · Fundraising events: direct expenses

  $334,086

• 8c · Net income from fundraising events

  total -$114,505 · excluded -$114,505

• 10a · Gross sales of inventory

  $2,515

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $2,515 · related or exempt $2,515

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $48,679 · program services $17,038 · management and general $17,038 · fundraising $14,603

• 7 · Other salaries and wages

  total $83,540 · program services $9,621 · management and general $60,963 · fundraising $12,956

• 11c · Fees: accounting

  total $45,030 · management and general $45,030

• 11e · Fees: professional fundraising services

  total $66,873 · fundraising $66,873

• 11f · Fees: investment management

  total $4,665 · management and general $4,665

• 11g · Fees: other

  total $32,368 · management and general $25,671 · fundraising $6,697

• 12 · Advertising and promotion

  total $88 · management and general $88

• 13 · Office expenses

  total $12,136 · management and general $12,136

• 16 · Occupancy

  total $8,936 · management and general $8,936

• 17 · Travel

  total $26,801 · management and general $26,801

• 23 · Insurance

  total $11,840 · program services $1,348 · management and general $10,492

• 24a · Other expenses: MUSEUM SUPPORT

  total $34,880 · management and general $34,880

• 24b · Other expenses: PRINTING

  total $12,163 · management and general $5,130 · fundraising $7,033

• 24c · Other expenses: PROGRAM EVENTS & CULTUR

  total $10,853 · program services $10,853

• 24d · Other expenses: OTHER EXPENSES

  total $9,790 · management and general $8,934 · fundraising $856

• 24e · All other expenses

  total $17,235 · management and general $15,540 · fundraising $1,695

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $113,343 · end of year $84,888

• 2 · Savings and temporary cash investments

  beginning of year $139,293 · end of year $150,118

• 3 · Pledges and grants receivable

  beginning of year $1,236,894 · end of year $1,534,840

• 4 · Accounts receivable

  end of year $39,501

• 8 · Inventories for sale or use

  beginning of year $1,558 · end of year $29,338

• 11 · Investments: publicly traded securities

  beginning of year $4,760,732 · end of year $5,602,483

• 15 · Other assets

  beginning of year $5,935 · end of year $3,424

• 17 · Accounts payable and accrued expenses

  beginning of year $39,661 · end of year $12,159

• 25 · Other liabilities

  beginning of year $698,230 · end of year $633,009

• 27 · Net assets without donor restrictions

  beginning of year -$391,968 · end of year -$105,721

• 28 · Net assets with donor restrictions

  beginning of year $5,911,832 · end of year $6,905,145

The filer's explanations (Part III)

PART I, LINE 3

THE FOUNDATION'S PRESIDENT IS AN EMPLOYEE OF THE COLLEGE AND IS PAID BY THE COLLEGE. THE FOUNDATION REIMBURSES THE COLLEGE FOR A PORTION OF THE PRESIDENT'S SALARY.