Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,510,427

• 1e · Government grants (contributions)

  $181,270

• 1f · All other contributions, gifts and grants

  $3,622,175

• 1g · Noncash contributions included above

  $45,828

• 2a · Program service revenue: EVENT & CONCERT REVENU

  total $2,084,714 · related or exempt $1,853,134 · unrelated business $231,580

• 3 · Investment income

  total $198,106 · excluded $198,106

• 6a · Gross rents

  real property $426,741

• 6b · Less rental expenses

  real property $191,981

• 6c · Rental income or loss

  real property $234,760

• 6d · Net rental income or loss

  total $234,760 · unrelated business $84,620 · excluded $150,140

• 8a · Fundraising events: gross income

  $185,100

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

  $1,510,427

• 8b · Fundraising events: direct expenses

  $632,996

• 8c · Net income from fundraising events

  total -$447,896 · excluded -$447,896

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $289 · excluded $289

• 11e · Other revenue, total

  $289

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $875,023 · program services $470,609 · management and general $204,960 · fundraising $199,454

• 7 · Other salaries and wages

  total $1,786,423 · program services $960,783 · management and general $418,440 · fundraising $407,200

• 8 · Pension plan contributions

  total $12,332 · program services $6,632 · management and general $2,889 · fundraising $2,811

• 9 · Other employee benefits

  total $235,086 · program services $126,435 · management and general $55,065 · fundraising $53,586

• 10 · Payroll taxes

  total $235,033 · program services $126,407 · management and general $55,052 · fundraising $53,574

• 11b · Fees: legal

  total $64,267 · program services $42,036 · management and general $12,922 · fundraising $9,309

• 11c · Fees: accounting

  total $56,254 · management and general $56,254

• 11d · Fees: lobbying

  total $120,000 · program services $78,490 · management and general $24,128 · fundraising $17,382

• 11g · Fees: other

  total $790,218 · program services $469,296 · management and general $248,202 · fundraising $72,720

• 12 · Advertising and promotion

  total $43,777 · program services $19,273 · management and general $18,585 · fundraising $5,919

• 13 · Office expenses

  total $211,961 · program services $91,749 · management and general $86,952 · fundraising $33,260

• 14 · Information technology

  total $92,094 · program services $39,182 · management and general $36,460 · fundraising $16,452

• 16 · Occupancy

  total $352,548 · program services $156,503 · management and general $196,006 · fundraising $39

• 17 · Travel

  total $12,732 · program services $7,692 · management and general $3,119 · fundraising $1,921

• 20 · Interest

  total $21,544 · program services $9,485 · management and general $9,146 · fundraising $2,913

• 22 · Depreciation, depletion and amortization

  total $188,029 · program services $83,470 · management and general $104,538 · fundraising $21

• 23 · Insurance

  total $116,175 · program services $51,145 · management and general $49,321 · fundraising $15,709

• 24a · Other expenses: DESIGN AND CONSTRUCTION

  total $1,176,377 · program services $1,176,377

• 24b · Other expenses: PROGRAM EVENTS

  total $1,146,366 · program services $1,141,082 · management and general $5,284 · fundraising $0

• 24c · Other expenses: INCOME TAX EXPENSE

  total $34,855 · program services $34,855

• 24d · Other expenses: BAD DEBT EXPENSE

  total $4,500 · program services $1,981 · management and general $1,910 · fundraising $609

• 24e · All other expenses

  total $3,915 · program services $1,992 · management and general $1,382 · fundraising $541

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $990,919 · end of year $1,499,608

• 2 · Savings and temporary cash investments

  beginning of year $5,935,981 · end of year $4,863,427

• 3 · Pledges and grants receivable

  beginning of year $6,168,490 · end of year $3,845,102

• 4 · Accounts receivable

  beginning of year $41,464 · end of year $687,220

• 9 · Prepaid expenses and deferred charges

  beginning of year $112,675 · end of year $84,316

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

  $1,533,456

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

  $722,002

• 10c · Land, buildings and equipment, net

  beginning of year $928,096 · end of year $811,454

• 15 · Other assets

  beginning of year $1,720,332 · end of year $1,688,408

• 17 · Accounts payable and accrued expenses

  beginning of year $2,802,336 · end of year $1,250,081

• 19 · Deferred revenue

  beginning of year $311,116 · end of year $14,782

• 23 · Secured mortgages and notes payable

  beginning of year $642,543 · end of year $237,309

• 25 · Other liabilities

  beginning of year $83,968 · end of year $83,513

• 27 · Net assets without donor restrictions

  beginning of year $3,820,764 · end of year $4,103,114

• 28 · Net assets with donor restrictions

  beginning of year $8,237,230 · end of year $7,790,736

The filer's explanations (Part III)

PART I, LINE 4A

JESUS AGUIRRE, CEO HAD A SEPARATION AGREEMENT WITH EMPLOYMENT ENDING 02/16/24. THE CONSERVANCY PAID THE EQUIVALENT OF BASE SALARY THROUGH MAY 31, 2024, LESS REQUIRED WITHHOLDINGS. AND ON MAY 31, 2024, PAID A LUMP SUM EQUAL TO TWO (2) WEEKS BASE SALARY, LESS REQUIRED WITHHOLDINGS.