Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $74,550

• 1f · All other contributions, gifts and grants

  $2,797,999

• 1g · Noncash contributions included above

  $266,698

• 2a · Program service revenue: TUITION & FEES

  total $26,428,910 · related or exempt $26,428,910

• 2b · Program service revenue: TRANSPORTATION

  total $1,133,430 · related or exempt $1,133,430

• 2c · Program service revenue: OTHER RELATED REVENUE

  total $970,009 · related or exempt $970,009

• 2d · Program service revenue: STUDENT SUPPORT SERVICES

  total $606,963 · related or exempt $606,963

• 2e · Program service revenue: BOOK FAIR

  total $94,189 · related or exempt $94,189

• 3 · Investment income

  total $1,542,848 · excluded $1,542,848

• 7a · Gross sales of assets other than inventory

  securities $84,350,971

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

  securities $73,890,353

• 7c · Gain or loss

  securities $10,460,618

• 7d · Net gain or loss

  total $10,460,618 · excluded $10,460,618

• 8a · Fundraising events: gross income

  $498,519

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

  $74,550

• 8b · Fundraising events: direct expenses

  $220,250

• 8c · Net income from fundraising events

  total $278,269 · excluded $278,269

• 11a · Other revenue: OTHER INCOME

  total $1,119 · related or exempt $1,119

• 11e · Other revenue, total

  $1,119

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $4,470,311 · program services $4,470,311

• 5 · Compensation of officers, directors and key employees

  total $1,084,572 · management and general $1,084,572

• 7 · Other salaries and wages

  total $17,819,782 · program services $15,473,625 · management and general $1,781,117 · fundraising $565,040

• 8 · Pension plan contributions

  total $755,040 · program services $648,671 · management and general $78,117 · fundraising $28,252

• 9 · Other employee benefits

  total $2,351,649 · program services $1,916,046 · management and general $394,073 · fundraising $41,530

• 10 · Payroll taxes

  total $1,360,557 · program services $1,140,234 · management and general $177,097 · fundraising $43,226

• 11b · Fees: legal

  total $52,443 · management and general $52,443

• 11c · Fees: accounting

  total $109,020 · management and general $109,020

• 11e · Fees: professional fundraising services

  total $7,500 · fundraising $7,500

• 11f · Fees: investment management

  total $86,324 · program services $947 · management and general $85,377

• 11g · Fees: other

  total $880,086 · program services $742,687 · management and general $137,399

• 12 · Advertising and promotion

  total $93,329 · program services $293 · management and general $93,036

• 13 · Office expenses

  total $260,857 · management and general $251,614 · fundraising $9,243

• 14 · Information technology

  total $328,870 · program services $299,429 · management and general $21,840 · fundraising $7,601

• 16 · Occupancy

  total $677,459 · program services $520,606 · management and general $132,512 · fundraising $24,341

• 17 · Travel

  total $49,916 · program services $697 · management and general $49,219

• 19 · Conferences, conventions and meetings

  total $226,438 · program services $149,602 · management and general $76,615 · fundraising $221

• 20 · Interest

  total $563,016 · program services $532,908 · management and general $30,108

• 22 · Depreciation, depletion and amortization

  total $2,513,603 · program services $2,379,186 · management and general $134,417

• 23 · Insurance

  total $342,287 · program services $42,000 · management and general $300,287

• 24a · Other expenses: CURRICULUM CLASSROOM SU

  total $1,267,882 · program services $1,267,194 · management and general $344 · fundraising $344

• 24b · Other expenses: FOOD SERVICE

  total $468,508 · program services $435,184 · management and general $33,324

• 24c · Other expenses: MCDS VENTURES LLC

  total $8,681 · management and general $8,681

• 24e · All other expenses

  total $205,033 · program services $8,314 · management and general $196,719

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,111,776 · end of year $3,781,183

• 2 · Savings and temporary cash investments

  beginning of year $12,074,562 · end of year $11,041,429

• 3 · Pledges and grants receivable

  beginning of year $633,197 · end of year $367,533

• 4 · Accounts receivable

  beginning of year $1,306,887 · end of year $1,640,237

• 9 · Prepaid expenses and deferred charges

  beginning of year $791,589 · end of year $712,289

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

  $74,630,033

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

  $27,256,031

• 10c · Land, buildings and equipment, net

  beginning of year $48,926,428 · end of year $47,374,002

• 11 · Investments: publicly traded securities

  beginning of year $36,848,738 · end of year $38,923,032

• 12 · Investments: other securities

  beginning of year $89,725 · end of year $568,711

• 17 · Accounts payable and accrued expenses

  beginning of year $2,846,468 · end of year $3,106,108

• 19 · Deferred revenue

  beginning of year $14,018,207 · end of year $14,339,616

• 20 · Tax-exempt bond liabilities

  beginning of year $20,613,495 · end of year $20,038,869

• 27 · Net assets without donor restrictions

  beginning of year $28,700,138 · end of year $27,994,845

• 28 · Net assets with donor restrictions

  beginning of year $36,604,594 · end of year $38,928,978

The filer's explanations (Part III)

PART I, LINE 1A

A QUALIFIED HOUSING ALLOWANCE WAS PROVIDED TO THE HEAD OF SCHOOL. THIS BENEFIT WAS TREATED AS NONTAXABLE COMPENSATION.

Disregarded entities

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

• MCDS VENTURES LLC

  RECEIVE, HOLD, MANAGE AND DISPOSE OF CHARITABLE CONTRIBUTION PROPERTIES. · DE · income $0 · assets $81,044

  Directly controlled by MARIN COUNTRY DAY SCHOOL