Pic 2021 Inc is located in Washington, DC. As of 10/2021, Pic 2021 Inc employed 152 individuals. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO FURTHER THE THE COMMON GOOD AND GENERAL WELFARE OF THE CITIZENS OF THE UNITED STATES OF AMERICA BY CARRYING OUT THE FUNCTIONS AND THE ACTIVITIES CONNECTED WITH THE 2021 PRESIDENTIAL INAUGURATION AND OTHER RELATED EDUCATIONAL AND NONPROFIT ENDEAVORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GRAVAMEN OF PIC'S ACTIVITIES WERE THE SUPPORT FOR, AND THE SETTING UP AND WINDING DOWN OF EVENTS RELATED TO THE 2021 INAUGURATION OF THE PRESIDENT AND VICE PRESIDENT OF THE UNITED STATES. THEREAFTER, PIC HAS PRIMARILY MADE EXPENDITURES TO EDUCATE ABOUT AND COMMEMORATE THE INAUGURATION, AS WELL AS GRANTS TO SUPPORT NONPROFIT ORGANIZATIONS RELATED TO ITS EXEMPT PURPOSES AND THE FEDERAL GOVERNMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leigh Flores Director, President | OfficerTrustee | 40 | $15,334 |
Maju Varghese Director, Treasurer-Thru Jan. 2021 | OfficerTrustee | 40 | $12,760 |
Alana Mounce Director, Treasurer-Thru Mar. 2021 | OfficerTrustee | 40 | $12,600 |
Amanda Brockbank Director, Secretary-Thru Jan. 2021 | OfficerTrustee | 40 | $11,667 |
Dr Tony Allen Director, President-Thru Jan. 2021 | OfficerTrustee | 10 | $0 |
M Patrick Moore Jr Director, Secretary | OfficerTrustee | 40 | $0 |
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 | $59,258,906 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $59,258,906 |
Total Program Service Revenue | $0 |
Investment income | $14,863 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $2,283,436 |
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 | $61,557,205 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,246,348 |
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. | $233,629 |
Compensation of current officers, directors, key employees. | $113,811 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,582,057 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $56,226 |
Payroll taxes | $390,235 |
Fees for services: Management | $0 |
Fees for services: Legal | $228,399 |
Fees for services: Accounting | $51,774 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $269,706 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $205,810 |
Advertising and promotion | $910,857 |
Office expenses | $619,514 |
Information technology | $2,136,926 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,509,792 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $1,427 |
Conferences, conventions, and meetings | $22,725,922 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $269,275 |
All other expenses | $0 |
Total functional expenses | $38,344,997 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $23,401,944 |
Savings and temporary cash investments | $0 |
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 | $23,401,944 |
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 | $189,736 |
Total liabilities | $189,736 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $23,212,208 |
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 | $23,401,944 |
Over the last fiscal year, we have identified 1 grants that Pic 2021 Inc has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Everytown For Gun Safety Action Fund Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Campbellsville University Inc Campbellsville, KY | $197,242,279 | $142,326,474 |
Adventist Development And Relief Agency International Silver Spring, MD | $93,556,695 | $133,531,867 |
Point Park University Pittsburgh, PA | $213,510,842 | $122,379,566 |
Wellmont Medical Associates Inc Johnson City, TN | $20,115,154 | $123,355,433 |
Maryview Hospital Llc Suffolk, VA | $0 | $126,392,609 |
Leconte Medical Center Knoxville, TN | $91,240,969 | $144,185,798 |
Columbus Regional Healthcare System Whiteville, NC | $197,969,739 | $134,524,668 |
Mount Saint Marys University Emmitsburg, MD | $202,133,149 | $126,243,509 |
Moses Cone Physician Services Inc Greensboro, NC | $50,601,187 | $84,107,412 |
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |
U S Committee For Refugees And Immigrants Inc Arlington, VA | $73,971,820 | $124,758,624 |
Lehigh Valley Hospital - Schuykill Allentown, PA | $123,931,422 | $141,448,853 |