Pic 2021 Inc is located in Washington, DC. Pic 2021 Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 10/2023, Pic 2021 Inc generated $160.2k in total revenue. All expenses for the organization totaled $4.8m during the year ending 10/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO CARRY OUT THE FUNCTIONS AND ACTIVITIES CONNECTED WITH THE 2021 PRESIDENTIAL INAUGURATION, AND RELATED EDUCATIONAL AND NONPROFIT ENDEAVORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PRIMARILY MADE EXPENDITURES TO EDUCATE ABOUT AND COMMEMORATE THE 2021 INAUGURATION AND ADMINISTRATION OF THE PRESIDENT AND VICE PRESIDENT OF THE UNITED STATES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Beth Cahill Director, President | OfficerTrustee | 1 | $0 |
Leigh Flores Director, President - Partial Year | OfficerTrustee | 1 | $0 |
M Patrick Moore Jr Director, Treasurer - Partial Year | OfficerTrustee | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Precision Strategies Llc Advertising | 10/30/23 | $2,855,170 |
Skdknickerbocker Llc Advertising | 10/30/23 | $2,472,385 |
Rwt Production Llc Advertising | 10/30/23 | $475,184 |
Shepardson Stern & Kaminsky Llp Advertising And Consulting | 10/30/23 | $345,120 |
Oro Editions Inc Advertising | 10/30/23 | $223,967 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $160,214 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $160,214 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $137,201 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $101,618 |
| Fees for services: Accounting | $35,902 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $471,630 |
| Advertising and promotion | $628,256 |
| Office expenses | $590 |
| Information technology | $9,649 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,248,007 |
| Interest | $22,867 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $60,492 |
| All other expenses | $68,600 |
| Total functional expenses | $4,784,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,643,233 |
| Savings and temporary cash investments | $9,710,079 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,353,312 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $11,353,312 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,353,312 |