MUSICAL INSTRUMENT MUSEUM: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: MUSICAL INSTRUMENT MUSEUM (EIN 16-1743588)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-12
IRS object ID: 202423179349102872
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Land Etc Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-12T15:00:00-06:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	20 EAST THOMAS ROAD SUITE 2300	AddressLine1Txt
City	PHOENIX	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85012	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	161743588	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MUSICAL INSTRUMENT MUSEUM	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MUSI	BusinessNameControlTxt
Phone	4804786000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4725 EAST MAYO BOULEVARD	AddressLine1Txt
City	PHOENIX	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85050	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CRAIG CULY	PersonNm
Person Title	TREASURER / EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	4804786000	PhoneNum
Signature	2024-11-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MELISSA HANGSLEBEN	PreparerPersonNm
PTIN	P02087031	PTIN
Phone	6022662248	PhoneNum
Preparation	2024-11-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
PF60 Month Term Sect507b1 B	Yes (X)	PF60MonthTermSect507b1BInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$173,411,587	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$17,476,766	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$2,623,394	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$2,679,106	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$2,623,394	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	-$332,987	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$21,313,324	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$0	NetSTCapitalGainAdjNetIncmAmt
Gross Sales Less Ret And Allwnc	$1,289,033	GrossSalesLessRetAndAllwncAmt
Cost Of Goods Sold	$578,695	CostOfGoodsSoldAmt
Gross Profit Rev And Expnss	$710,338	GrossProfitRevAndExpnssAmt
Gross Profit Adj Net Incm	$710,338	GrossProfitAdjNetIncmAmt
Other Income Rev And Expnss	$7,922,995	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$655,991	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$7,922,995	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$28,400,506	TotalRevAndExpnssAmt
Total Net Invst Incm	$3,335,097	TotalNetInvstIncmAmt
Total Adj Net Incm	$11,256,727	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$534,848	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$534,848	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$5,040,540	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm	$0	OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$4,903,075	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$706,072	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm	$0	PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$746,804	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$19,561	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$19,561	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$43,144	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$43,144	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$556,323	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$354,080	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$173,818	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$395,895	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$1,081	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$395,895	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$4,244,943	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm	$4,244,943	DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss	$1,893,771	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$0	OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm	$0	OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl	$1,863,618	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$98,133	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$0	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$98,133	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$634,970	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$0	PrintingAndPubNetInvstIncmAmt
Printing And Pub Adj Net Incm	$0	PrintingAndPubAdjNetIncmAmt
Printing And Pub Dsbrs Chrtbl	$634,970	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$6,439,214	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$47,695	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$6,016,246	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$20,607,414	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$402,856	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$4,244,943	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$15,430,112	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$39,700	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$39,700	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$20,647,114	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$402,856	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$4,244,943	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$15,469,812	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$7,753,392	ExcessRevenueOverExpensesAmt
Net Investment Income	$2,932,241	NetInvestmentIncomeAmt
Adjusted Net Income	$7,011,784	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$3,143,745	CashBOYAmt
Cash EOY	$3,266,241	CashEOYAmt
Cash EOYFMV	$3,266,241	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$9,497,926	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$12,392,405	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$12,392,405	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$65,289	AcctRcvblAmt
Acct Rcvbl BOY	$41,377	AcctRcvblBOYAmt
Acct Rcvbl EOY	$65,289	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$65,289	AcctRcvblEOYFMVAmt
Pledges Rcvbl	$1,037,113	PledgesRcvblAmt
Pledges Rcvbl BOY	$1,259,754	PledgesRcvblBOYAmt
Pledges Rcvbl EOY	$1,037,113	PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV	$1,037,113	PledgesRcvblEOYFMVAmt
Inventories BOY	$401,953	InventoriesBOYAmt
Inventories EOY	$435,240	InventoriesEOYAmt
Inventories EOYFMV	$435,240	InventoriesEOYFMVAmt
Prepaid Expenses BOY	$324,036	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$330,366	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$330,366	PrepaidExpensesEOYFMVAmt
US Government Obligations BOY	$4,921,968	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$11,341,138	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$11,341,138	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$40,665,499	CorporateStockBOYAmt
Corporate Stock EOY	$39,534,155	CorporateStockEOYAmt
Corporate Stock EOYFMV	$39,534,155	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$22,106,342	CorporateBondsBOYAmt
Corporate Bonds EOY	$32,410,925	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$32,410,925	CorporateBondsEOYFMVAmt
Other Investments BOY	$7,473,114	OtherInvestmentsBOYAmt
Other Investments EOY	$7,376,221	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$7,376,221	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$136,939,376	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$72,579,181	LandBldgEquipAccumDeprecAmt
Land BOY	$66,541,281	LandBOYAmt
Land EOY	$64,360,195	LandEOYAmt
Land EOYFMV	$64,360,195	LandEOYFMVAmt
Other Assets BOY	$871,320	OtherAssetsBOYAmt
Other Assets EOY	$862,299	OtherAssetsEOYAmt
Other Assets EOYFMV	$862,299	OtherAssetsEOYFMVAmt
Total Assets BOY	$157,248,315	TotalAssetsBOYAmt
Total Assets EOY	$173,411,587	TotalAssetsEOYAmt
Total Assets EOYFMV	$173,411,587	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$621,405	AccountsPayableBOYAmt
Accounts Payable EOY	$1,033,244	AccountsPayableEOYAmt
Deferred Revenue BOY	$712,449	DeferredRevenueBOYAmt
Deferred Revenue EOY	$1,127,496	DeferredRevenueEOYAmt
Other Liabilities BOY	$2,749	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$3,838	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$1,336,603	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,164,578	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$73,336,813	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$72,162,843	NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets BOY	$82,574,899	DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY	$99,084,166	DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY	$155,911,712	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$171,247,009	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$157,248,315	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$173,411,587	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$155,911,712	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$7,753,392	ExcessRevenueOverExpensesAmt
Other Increases	$7,581,905	OtherIncreasesAmt
Subtotal	$171,247,009	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$171,247,009	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDesc	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt
PUBLICLY TRADED SECURITIES ST	$10,813,000	$10,949,044	-$136,044	-$136,044
PUBLICLY TRADED SECURITIES LT	$10,489,824	$10,697,267	-$207,443	-$207,443
GAIN ON FIXED ASSET DISPOSAL	$10,500		$10,500	$10,500	P	2022-01-01	2023-12-31
CAPITAL GAIN/LOSS FROM PASSTHROUGH ST	$184		$184	$184	P
CAPITAL GAIN/LOSS FROM PASSTHROUGH LT	$6,826		$6,826	$6,826	P

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$325,977	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$135,860	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$40,758	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$40,758	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$40,758	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$0	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$0	TotalPaymentsAndCreditsAmt
Es Penalty	$564	EsPenaltyAmt
Tax Due	$41,322	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	MN	OrgReportOrRegisterStateCd
Org Report Or Register State	AZ	OrgReportOrRegisterStateCd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	Yes (1)	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	WWW.MIM.ORG	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	CRAIG CULY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4804786000	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	4725 EAST MAYO BOULEVARD	AddressLine1Txt
City	PHOENIX	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85050	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (16 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
APRIL A SALOMON
4725 E MAYO BLVD	PHOENIX	AZ	85050	BOARD OF DIR. & EX. DIR. (THRU 2/23)	40.00	$302,072	$6,038	$0
CRAIG D CULY
4725 E MAYO BLVD	PHOENIX	AZ	85050	TREASURER / EXECUTIVE DIRECTOR	40.00	$192,692	$34,046	$0
ROBERT G WESTON JR
4725 E MAYO BLVD	PHOENIX	AZ	85050	CHAIRMAN	1.00	$0	$0	$0
RICHARD T BURKE
4725 E MAYO BLVD	PHOENIX	AZ	85050	VICE CHAIRMAN	1.00	$0	$0	$0
GAIL J DORN
4725 E MAYO BLVD	PHOENIX	AZ	85050	SECRETARY	1.00	$0	$0	$0
ROBERT J ULRICH
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	30.00	$0	$0	$0
STACIA ANDERSEN
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	1.00	$0	$0	$0
ERIC J BIEBER
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	1.00	$0	$0	$0
TODD BLACKWELL
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	1.00	$0	$0	$0
RICHARD D BURNS
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	1.00	$0	$0	$0
JOHN D'ADDARIO JR
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	1.00	$0	$0	$0
MARC L FELIX
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	1.00	$0	$0	$0
JUSTIN KARIM
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	1.00	$0	$0	$0
ROBERT G MCMAHON
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	1.00	$0	$0	$0
JUDITH C PELHAM
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	1.00	$0	$0	$0
ROBERT E SMITH
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR	1.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
MANUEL JORDAN
4725 E MAYO BLVD	PHOENIX	AZ	85050	DEPUTY DIRECTOR AND	40.00	$214,231	$17,012	$0
LACEY HAUSER
4725 E MAYO BLVD	PHOENIX	AZ	85050	HEAD OF RETAIL OPS	40.00	$109,577	$30,645	$0
KIM PRITCHARD
4725 E MAYO BLVD	PHOENIX	AZ	85050	DIRECTOR OF HUMAN RE	40.00	$123,769	$11,425	$0
BRIAN P DREDLA
4725 E MAYO BLVD	PHOENIX	AZ	85050	CHIEF ENGAGEMENT OFF	40.00	$114,740	$13,443	$0
DAVID WILBUR
4725 E MAYO BLVD	PHOENIX	AZ	85050	INFORMATION TECHNOLO	40.00	$98,962	$25,756	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	52	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
SENNHEISER ELECTRONIC CORPORATION
PO BOX 416611	BOSTON	MA	02241	GUIDEPORT ADVANCEMENT SERVICES	$1,141,631
OPENWORKS
PO BOX 29088	PHOENIX	AZ	850389088	JANITORIAL SERVICES	$312,896
GARDAWORLD SECURITY SERVICES
PO BOX 843886	KANSAS CITY	MO	641843886	SECURITY PERSONNEL SERVICES	$269,943
SENTINEL TECHNOLOGIES INC
PO BOX 85080	CHICAGO	IL	606800851	TECHNOLOGY CONTRACTOR SERVICES	$191,892
CCS PRESENTATION SYSTEMS
1426 W BASS PRO DR	MESA	AZ	85201	TECHNOLOGY CONTRACTOR SERVICES	$184,035

Field	Value	IRS element (for citing)
Contractor Paid Over50k	17	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	THE MUSICAL INSTRUMENT MUSEUM (MIM) ENRICHES OUR WORLD BY COLLECTING, PRESERVING, AND MAKING ACCESSIBLE AN ASTONISHING VARIETY OF MUSICAL INSTRUMENTS AND PERFORMANCE VIDEOS FROM EVERY COUNTRY IN THE WORLD. MIM OFFERS GUESTS A WELCOMING AND FUN EXPERIENCE, INCOMPARABLE INTERACTIVE TECHNOLOGY, DYNAMIC PROGRAMMING, AND EXCEPTIONAL MUSICAL PERFORMANCES. MIM FOSTERS APPRECIATION OF THE WORLD'S DIVERSE CULTURES BY SHOWING HOW WE INNOVATE, ADAPT, AND LEARN FROM EACH OTHER TO CREATE MUSIC - THE LANGUAGE OF THE SOUL.PRIMARY ACTIVITIES AND PROGRAMS:GALLERIES AND SPECIAL EXHIBITIONS: MORE THAN 300 DISPLAYS WITH STATE-OF-THE-ART AUDIO-VISUAL TECHNOLOGY IMMERSE GUESTS IN MUSIC FROM OVER 200 COUNTRIES AND TERRITORIES. TEMPORARY SPECIAL EXHIBITIONS DIVE DEEPER INTO MUSICAL TOPICS THROUGH ORIGINAL STORYTELLING. (CONTINUED ON FORM 990-PF, PART VIII-A, LINE 2)	Description1Txt
Expenses1	$17,089,853	Expenses1Amt
Description2	(CONTINUED FROM FORM 990-PF, PART VIII-A, LINE 2)EDUCATION PROGRAMS: PEOPLE OF ALL AGES LEARN THROUGH MUSIC AT MIM. EDUCATION OFFERINGS INCLUDE CHILDREN'S CLASSES THAT SERVED NEARLY 5,000 PARTICIPANTS IN 2023 AND A FIELD TRIP PROGRAM THAT TYPICALLY WELCOMES 70,000 PARTICIPANTS ANNUALLY. WE ALSO OFFER PROFESSIONAL DEVELOPMENT WORKSHOPS FOR EDUCATORS AND PROGRAMS FOR SENIORS.MIM MUSIC THEATER: MIM OFFERS OVER 300 CONCERTS YEARLY IN AN INTIMATE, ACOUSTICALLY SUPERB ENVIRONMENT. PERFORMANCES ARE CURATED TO BRING THE GALLERIES TO LIFE, CONNECTING AUDIENCES TO DIVERSE LIVE PROGRAMMING FROM LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS.PUBLIC PROGRAMS: WEEKEND SIGNATURE EVENTS BRING THE COMMUNITY TOGETHER TO CELEBRATE WORLD CULTURES, MUSICAL GENRES, AND ICONIC ARTISTS. MIM SAW AN AVERAGE EVENT PARTICIPATION OF AROUND 1,600 GUESTS OVER EACH TWO-DAY PROGRAM IN 2023.	Description2Txt
Expenses2	$0	Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$94,254,821	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$4,072,552	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$98,327,373	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$98,327,373	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,474,911	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$96,852,462	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$4,842,623	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	Yes (X)	Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$15,469,812	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$15,469,812	QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Field	Value	IRS element (for citing)
Private Operating Fndtn Ruling	2006-03-04	PrivateOperatingFndtnRulingDt
Section4942j3	Yes (X)	Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$4,842,623	CurrentYearAmt
Year1	$4,456,384	Year1Amt
Year2	$1,882,030	Year2Amt
Year3	$0	Year3Amt
Total	$11,181,037	TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Field	Value	IRS element (for citing)
Current Year	$4,116,230	CurrentYearAmt
Year1	$3,787,926	Year1Amt
Year2	$1,599,726	Year2Amt
Year3	$0	Year3Amt
Total	$9,503,881	TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Current Year	$15,469,812	CurrentYearAmt
Year1	$13,290,787	Year1Amt
Year2	$10,500,349	Year2Amt
Year3	$10,511,824	Year3Amt
Total	$49,772,772	TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

Field	Value	IRS element (for citing)
Current Year	$0	CurrentYearAmt
Year1	$0	Year1Amt
Year2	$0	Year2Amt
Year3	$0	Year3Amt
Total	$0	TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Field	Value	IRS element (for citing)
Current Year	$15,469,812	CurrentYearAmt
Year1	$13,290,787	Year1Amt
Year2	$10,500,349	Year2Amt
Year3	$10,511,824	Year3Amt
Total	$49,772,772	TotalAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$3,228,415	CurrentYearAmt
Year1	$3,039,476	Year1Amt
Year2	$2,493,469	Year2Amt
Year3	$1,424,663	Year3Amt
Total	$10,186,023	TotalAmt

Total Support TotalSupportGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Public Support Type PublicSupportType

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Largest Support From EO LargestSupportFromEOGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	ROBERT J ULRICH	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ACADEMIES OF MATH AND SCIENCE
3335 W FLOWER ST	PHOENIX	AZ	85017	PC	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$2,800
ALHAMBRA ELEMENTARY SCHOOL DISTRICT
4510 N 37TH AVE	PHOENIX	AZ	85019	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$1,000
AVONDALE ELEMENTARY SCHOOL DISTRICT
295 W WESTERN AVE	AVONDALE	AZ	85323	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$1,000
CARTWRIGHT SCHOOL DISTRICT #83
5220 W INDIAN SCHOOL RD	PHOENIX	AZ	85031	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$2,000
CHANDLER UNIFIED SCHOOL DISTRICT #80
1525 W FRYE RD	CHANDLER	AZ	85224	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$3,200
CREIGHTON ELEMENTARY SCHOOL DISTRICT
2702 EAST FLOWER ST	PHOENIX	AZ	85016	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$1,500
DYSART UNIFIED SCHOOL DISTRICT
15802 N PARKVIEW PL	SURPRISE	AZ	85374	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$4,500
GILBERT PUBLIC SCHOOLS
140 S GILBERT RD	GILBERT	AZ	85296	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$1,400
GLENDALE UNION HIGH SCHOOL DISTRICT
7650 N 43RD AVE	GLENDALE	AZ	85301	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$500
GREAT HEARTS ACADEMIES AZ
4801 E WASHINGTON ST 250	PHOENIX	AZ	85034	PC	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$1,500
HIGLEY UNIFIED SCHOOL DISTRICT
2935 S RECKER RD	GILBERT	AZ	85295	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$800
ISAAC SCHOOL DISTRICT
3348 W MCDOWELL RD	PHOENIX	AZ	85009	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$1,500
LAVEEN ELEMENTARY SCHOOL DISTRICT
5001 W DOBBINS RD	LAVEEN	AZ	85339	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$700
LITTLETON ELEMENTARY SCHOOL DISTRICT
1600 S 107TH AVE	AVONDALE	AZ	85323	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$1,200
MESA PUBLIC SCHOOLS
63 EAST MAIN STREET STE 101	MESA	AZ	85201	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$3,000
OSBORN ELEMENTARY SCHOOL DISTRICT
1226 W OSBORN RD	PHOENIX	AZ	85013	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$700
PARADISE VALLEY UNIFIED SCHOOL DISTRICT
15002 N 32ND ST	PHOENIX	AZ	85032	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$2,000
PENDERGAST ELEMENTARY SCHOOL DISTRICT
3802 N 91ST AVE	PHOENIX	AZ	85037	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$1,000
PHOENIX UNION HIGH SCHOOL DISTRICT
4502 N CENTRAL AVE	PHOENIX	AZ	85012	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$600
QUEEN CREEK UNIFIED SCHOOL DISTRICT
20217 E CHANDLER HEIGHTS RD	QUEEN CREEK	AZ	85142	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$800
ROOSEVELT ELEMENTARY SCHOOL DISTRICT
6000 S 7TH ST	PHOENIX	AZ	85042	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$2,500
SCOTTSDALE UNIFIED SCHOOL DISTRICT
8500 E JACKRABBIT RD	SCOTTSDALE	AZ	85250	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$3,000
TEMPE ELEMENTARY SCHOOL DISTRICT
3205 S RURAL RD	TEMPE	AZ	85282	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$1,500
WASHINGTON ELEMENTARY SCHOOL DISTRICT
4650 W SWEETWATER AVE	GLENDALE	AZ	85304	GOV	TRANSPORTATION ASSOCIATED WITH FIELD TRIPS TO MIM	$1,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$39,700	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Revenue Dtl ProgramServiceRevenueDtl (4 entries)

DescDesc	Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
MUSEUM ADMISSION	$3,413,633
MUSIC THEATER	$3,847,534
OTHER PROGRAM REVENUE	$27,855
MUSEUM MEMBERSHIPS	$384,660

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2,623,394	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	-$332,987	ExclusionAmt

Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$710,338	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt	ExclusionExclusionCd	ExclusionExclusionAmt
RENT	532000	$229,909
CHANGE IN VALUE OF CRT	900099		14	$19,404

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$229,909	UnrelatedBusinessTaxblIncmAmt
Exclusion	$3,020,149	ExclusionAmt
Related Or Exempt Function Incm	$7,673,682	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$10,923,740	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)

Line NumberLineNumberTxt	Relationship StatementRelationshipStatementTxt
1A	ACCESS TO THE MUSEUM'S EXHIBITS
1B	ACCESS TO THE MUSEUM'S MUSIC THEATER
1C	ACCESS TO THE MUSEUM'S OTHER PROGRAMS
1D	ACCESS TO THE MUSEUM'S EXHIBITS

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (103 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
GOLDMAN SACHS PHILANTHROPY FUND
1	PO BOX 15203	ALBANY	NY	122125203	$13,700,000	Yes (X)
MAMMEL FAMILY FOUNDATION
2	8805 INDIAN HILLS DR STE 375	OMAHA	NE	68114	$500,000	Yes (X)
ROBERT ULRICH
3	4725 E MAYO BLVD	PHOENIX	AZ	85050	$282,227	Yes (X)
THE MOLLY BLANK FUND
4	3223 HOWELL MILL RD NW	ATLANTA	GA	30327	$150,000	Yes (X)
BURKE FAMILY FOUNDATION
5	4725 E MAYO BLVD	PHOENIX	AZ	85050	$100,000	Yes (X)
THOMAS GRANFIELD
6	12602 N 68TH PL	SCOTTSDALE	AZ	85254	$100,000	Yes (X)
THE KEMPER AND ETHEL MARLEY FOUNDATION
7	2398 E CAMELBACK RD STE 760	PHOENIX	AZ	85016	$100,000	Yes (X)
SCHWAB CHARITABLE FUND
8	211 MAIN ST	SAN FRANCISCO	CA	94105	$80,550	Yes (X)
US BANK
9	101 N 1ST AVE STE 1600	PHOENIX	AZ	85003	$80,000	Yes (X)
KATHRYN COLLIER
10	300 N STATE ST	CHICAGO	IL	60654	$77,500	Yes (X)
DIANE & BRUCE HALLE FOUNDATION
11	20225 N SCOTTSDALE RD	SCOTTSDALE	AZ	85255	$75,000	Yes (X)
SANDERSON LINCOLN
12	2121 W BELL RD	PHOENIX	AZ	85023	$60,000	Yes (X)
FIDELITY CHARITABLE GIFT FUND
13	PO BOX 770001	CINCINNATI	OH	452770053	$53,260	Yes (X)
APS
14	400 N 5TH ST	PHOENIX	AZ	85004	$30,000	Yes (X)
JOHN & JOAN D'ADDARIO FOUNDATION INC
15	4725 E MAYO BLVD	PHOENIX	AZ	85050	$50,000	Yes (X)
REVADA FOUNDATION
16	208 N QUAKER LN	ALEXANDRIA	VA	223041819	$50,000	Yes (X)
ARIZONA COMMISSION ON THE ARTS
17	417 W ROOSEVELT ST	PHOENIX	AZ	85003	$48,500	Yes (X)
ARIZONA COMMUNITY FOUNDATION
18	2201 E CAMELBACK RD STE 405B	PHOENIX	AZ	85016	$36,500	Yes (X)
JOHN MARTELLINI
19	11525 E FOUR PEAKS RD	SCOTTSDALE	AZ	85262	$35,420	Yes (X)
BANK OF AMERICA COMMERCIAL DISBURSEMENT ACCOUNT
20	1315 LAKE COOK RD	NORTHBROOK	IL	60062	$31,490	Yes (X)
CHRISTINA BOLYARD
21	4126 W COUNTRY GABLES DR	PHOENIX	AZ	85053	$30,585	Yes (X)
PHOENIX OFFICE OF ARTS AND CULTURE
22	200 W WASHINGTON ST 10TH FL	PHOENIX	AZ	85003	$30,000	Yes (X)
VANGUARD CHARITABLE
23	PO BOX 55766	BOSTON	MA	022055766	$29,500	Yes (X)
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
24	1177 AVENUE OF THE AMERICAS 41ST FL	NEW YORK	NY	100362714	$29,000	Yes (X)
JACQUELINE BYERS
25	4725 E MAYO BLVD	PHOENIX	AZ	85050	$25,221		Yes (X)
JEANNE HERBERGER
26	PO BOX 155	RANCHO SANTE FE	CA	92067	$25,000	Yes (X)
JOHN AND MARY ANN MANGELS
27	10125 N 78TH PL	SCOTTSDALE	AZ	85258	$35,000	Yes (X)
NATIONAL ENDOWMENT FOR THE ARTS
28	400 7TH ST SW	WASHINGTON	DC	20506	$25,000	Yes (X)
GAIL DORN
29	4725 E MAYO BLVD	PHOENIX	AZ	85050	$24,806		Yes (X)
TODD BLACKWELL
30	4725 E MAYO BLVD	PHOENIX	AZ	85050	$20,000	Yes (X)
SUZANNE HANIOTIS
31	7373 E DOUBLETREE RANCH RD B200	SCOTTSDALE	AZ	85258	$20,000	Yes (X)
THE TJX FOUNDATION
32	770 COCHITUATE RD 5002CS	FARMINGHAM	MA	01701	$15,000	Yes (X)
RONALD TUREK
33	PO BOX 8084	RENO	NV	89507	$15,000	Yes (X)
THE DENVER FOUNDATION
34	1009 GRANT ST	DENVER	CO	80203	$14,000	Yes (X)
MERRILL LYNCH PIERCE FENNER & SMITH INC
35	2555 E CAMELBACK RD STE 900	PHOENIX	AZ	85016	$13,700	Yes (X)
VANGUARD
36	PO BOX 1110	VALLEY FORGE	PA	194821110	$13,300	Yes (X)
CAROL RUSSELL
37	3104 E CAMELBACK RD 1006	PHOENIX	AZ	85016	$12,575	Yes (X)
MELANIE SEARLE
38	5133 E EXETER BLVD	PHOENIX	AZ	85018	$12,131	Yes (X)
CATHLEEN WALKER
39	30600 N PIMA RD UNIT 60	SCOTTSDALE	AZ	85266	$10,300	Yes (X)
TD AMERITRADE CLEARING
40	PO BOX 2226	OMAHA	NE	681032226	$10,250	Yes (X)
JAN WOOD
41	9281 N MORNING GLORY RD	PARADISE VALLEY	AZ	85253	$10,165	Yes (X)
JOE BRENNAN
42	23005 N 74TH ST UNIT 1415	SCOTTSDALE	AZ	852557509	$10,000	Yes (X)
GREATER KANSAS CITY COMMUNITY FOUNDATION
43	1055 BROADWAY SUITE 130	KANSAS CITY	MO	64105	$10,000	Yes (X)
HAO AND MICHELLE WANG FOUNDATION
44	7917 E SOFTWIND DR	SCOTTSDALE	AZ	85255	$10,000	Yes (X)
PAMELA HOWARD
45	3383 LAKE WOOD DRIVE	EUGENE	OR	97408	$10,000	Yes (X)
MARTIN GUITAR CHARITABLE FOUNDATION
46	510 SYCAMORE ST	NAZARETH	PA	180641000	$10,000	Yes (X)
MOE NOZARI
47	1 OVERHILL DR	SAINT PAUL	MN	55127	$10,000	Yes (X)
LOWELL PICKETT
48	4725 E MAYO BLVD	PHOENIX	AZ	85050	$10,000	Yes (X)
NORTHERN TRUST
49	50 S LA SALLE ST	CHICAGO	IL	60675	$10,000	Yes (X)
THE SHANBROM FAMILY FOUNDATION
50	603 W OJAI AVE SUITE B	OJAI	CA	93023	$10,000	Yes (X)
THE WHITTIER TRUST COMPANY OF NEVADA INC
51	100 W LIBERTY ST SUITE 890	RENO	NV	895011952	$10,000	Yes (X)
WELLS FARGO CLEARING SERVICES LLC
52	ONE NORTH JEFFERSON	ST LOUIS	MO	63103	$10,000	Yes (X)
COBYANN BERGLUND
53	16801 N 94TH ST 2045	SCOTTSDALE	AZ	85260	$9,500	Yes (X)
PAM SERR
54	8301 E CAROL WAY	SCOTTSDALE	AZ	85260	$7,510	Yes (X)
SIDNEY BANWART
55	11131 E HONDA BOW RD	SCOTTSDALE	AZ	85262	$7,500	Yes (X)
MINDY ROSENBERG
56	47 HICKORY LN	WEST HARTFORD	CT	06107	$7,500	Yes (X)
STEVEN ASHBY
57	7500 E MCCORMICK PKWY UNIT 45	SCOTTSDALE	AZ	85258	$6,500	Yes (X)
E AND B E PRIVATE FOUNDATION
58	9290 E THOMPSON PEAK PKWY 480	SCOTTSDALE	AZ	85255	$6,000	Yes (X)
INSTRUMENTAL HORIZONS
59	116 PICASSO CIR	HENDERSONVILLE	TN	370751570	$6,000	Yes (X)
STIFEL FINANCIAL
60	ONE FINANCIAL PLAZA	ST LOUIS	MO	63102	$6,000	Yes (X)
THE PITTSBURGH FOUNDATION
61	FIVE PPG PL SUITE 250	PITTSBURGH	PA	15222	$6,000	Yes (X)
GAIL BABCOCK
62	4616 E PEBBLE RIDGE RD	PARADISE VALLEY	AZ	85253	$5,650	Yes (X)
MANUEL JORDAN
63	4725 E MAYO BLVD	PHOENIX	AZ	85050	$5,527	Yes (X)
NATIONAL PHILANTHROPIC TRUST
64	165 TOWNSHIP LINE RD SUITE 1200	JENKINTOWN	PA	190463594	$5,500	Yes (X)
THOMAS HARVEY
65	8109 E DEL TIMBRE DR	SCOTTSDALE	AZ	85258	$5,258	Yes (X)
THOMAS HOULIHAN
66	5612 EAST CALLE CAMELIA	PHOENIX	AZ	85018	$5,150	Yes (X)
CAROLYN JOHNSTON
67	PO BOX 3036	CAREFREE	AZ	85377	$5,150	Yes (X)
KEVIN RHEIN
68	3443 OAKTON DR	MINNETONKA	MN	55305	$5,150	Yes (X)
CHARLES WANNER
69	1320 E SAN MIGUEL AVE	PHOENIX	AZ	85014	$5,150	Yes (X)
CLIFFORD AND LAURA JONES
70	6612 N 31ST ST	PHOENIX	AZ	85016	$10,000	Yes (X)
FERNE AVERY
71	4555 E MAYO BLVD 6405	PHOENIX	AZ	85050	$5,100	Yes (X)
HANNAH SELZNICK
72	8549 E JUNE ST	MESA	AZ	85207	$5,100	Yes (X)
BARRY SCHNUR
73	5035 E WAGONER RD	SCOTTSDALE	AZ	85254	$5,040	Yes (X)
MATTHEW LUGER
74	4701 E LE MARCHE AVE	PHOENIX	AZ	85032	$5,025	Yes (X)
LEE EBERLE
75	6823 E AVENIDA EL ALBA	PARADISE VALLEY	AZ	85253	$5,015	Yes (X)
AMERICAN ENDOWMENT FOUNDATION
76	1521 GEORGETOWN ROAD SUITE 104	HUDSON	OH	44236	$5,000	Yes (X)
JEAN ANDINO
77	651 N CORDOBA AVE	CHANDLER	AZ	85226	$5,000	Yes (X)
LEVIN FAMILY CHARITABLE FOUNDATION
78	5502 E CAMELHILL RD	PHOENIX	AZ	85018	$5,000	Yes (X)
CKKO FOUNDATION
79	10107 E CINDER CONE TRL	SCOTTSDALE	AZ	85262	$5,000	Yes (X)
JAMES COVINGTON
80	PO BOX 6373	BIG BEAR LAKE	CA	92315	$5,000	Yes (X)
DR SCHOLL FOUNDATION
81	1033 SKOKIE BLVD STE 230	NORTHBROOK	IL	600624109	$5,000	Yes (X)
GREGORY DUPPLER
82	12515 48TH AVE N	PLYMOUTH	MN	55442	$5,000	Yes (X)
JOHN FRIEDMAN
83	4555 E MAYO BLVD APT 3102	PHOENIX	AZ	85050	$5,000	Yes (X)
IRA GAINES
84	7000 N 16TH ST STE 120 503	PHOENIX	AZ	85020	$5,000	Yes (X)
GANASSI FOUNDATION
85	357 PHEASANT RUN DR	CHAMPION	PA	15622	$5,000	Yes (X)
JEFFREY HEIMER
86	3412 E STANFORD DRIVE	PARADISE VALLEY	AZ	85253	$5,000	Yes (X)
JON HOLT
87	5840 LORING DR	MINNETRISTA	MN	55364	$5,000	Yes (X)
JACOBUS FAMILY FOUNDATION
88	8622 FRENCH CURVE	EDEN PRAIRIE	MN	55347	$5,000	Yes (X)
JW KIECKHEFER FOUNDATION
89	PO BOX 1151	PRESCOTT	AZ	86302	$5,000	Yes (X)
RONALD LEVIN
90	230 N DEERE PARK DR W	HIGHLAND PARK	IL	60035	$5,000	Yes (X)
ROBERT LEVITAN
91	30600 N PIMA RD UNIT 46	SCOTTSDALE	AZ	85266	$5,000	Yes (X)
LWB TRUST
92	3412 E STANFORD DR	PARADISE VALLEY	AZ	85253	$5,000	Yes (X)
M V WILLIAMS FOUNDATION INC
93	720 NW 50TH ST SUITE 101	OKLAHOMA CITY	OK	73118	$5,000	Yes (X)
GARY MAURER
94	2600 N LAKEVIEW AVE APT 9-B	CHICAGO	IL	60614	$5,000	Yes (X)
MORGAN STANLEY
95	1300 THAMES ST WARF 4TH FLOOR	BALTIMORE	MD	21231	$5,000	Yes (X)
MADELEINE NOWAK
96	17850 N 68TH STREET UNIT 2061	PHOENIX	AZ	85054	$5,000	Yes (X)
RUSTY & MARY JANE POEPL FOUNDATION
97	1320 RIVERSIDE LN 206	SAINT PAUL	MN	55118	$5,000	Yes (X)
SAGEWOOD
98	4555 E MAYO BLVD	PHOENIX	AZ	85050	$5,000	Yes (X)
SCOTTSDALE ARTS
99	7380 E 2ND ST	SCOTTSDALE	AZ	85251	$5,000	Yes (X)
STRONG FOUNDATION
100	6 RIDGEVIEW CIR	ARMONK	NY	10504	$5,000	Yes (X)
BRIAN TEETERS
101	6049 SARGENT COURT N	WHITE BEAR LAKE	MN	55110	$5,000	Yes (X)
THE SUSANNE AND GARY TOBEY FAMILY FOUNDATION
102	16030 VENTURA BLVD 380	ENCINO	CA	91436	$5,000	Yes (X)
ALAN TUFT
103	7354 E SAN MIGUEL AVE	SCOTTSDALE	AZ	85250	$5,000	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
25	76 SHARES OF MSFT	$25,221	2023-08-04
29	180 SHARES OF VTV	$24,806	2023-04-04

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$43,144	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$43,144	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (184 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
3M COMPANY MTN 3.625% 09/14/2028 USD SR LIEN	$637,584	$637,584
ABBVIE INC 3.85% 06/15/2024 SER WI SR LIEN	$199,740	$199,740
ACE INA HOLDINGS INC. 3.35% 05/15/2024 SR LIEN	$159,350	$159,350
AIR LEASE CORP MTN 0.7% 02/15/2024 SR LIEN	$394,580	$394,580
AIR LEASE CORPORATION HYBRID PERPETUAL USD SER B JRSUB LIEN CPN 03/02/21 4.6	$53,981	$53,981
AIR LEASE CORPORATION HYBRID PERPETUAL USD SER C JRSUB LIEN CPN 10/13/21 4.1	$3,888	$3,888
AIR PRODUCTS & CHEMICALS 1.85% 05/15/2027 USD SR LIEN	$620,510	$620,510
ALLY FINANCIAL INC. HYBRID PERPETUAL USD SER B JRSUB LIEN CPN 04/22/21 4.7%	$75,545	$75,545
ALLY FINANCIAL INC. HYBRID PERPETUAL USD SER C JRSUB LIEN CPN 06/02/21 4.7%	$74,625	$74,625
ALTRIA GROUP, INC. 2.625% 09/16/2026 USD SR LIEN	$321,426	$321,426
AMERICAN EXPRESS COMPANY HYBRID PERPETUAL USD JRSUB LIEN CPN 08/03/21 3.55%	$118,525	$118,525
AMERICAN HONDA FINANCE MTN 0.75% 08/09/2024 SR LIEN	$408,537	$408,537
AMERICAN HONDA FINANCE MTN 3.55% 01/12/2024 SR LIEN	$55,887	$55,887
AMERIPRISE FINANCIAL, INC. 3.7% 10/15/2024 USD SR LIEN	$54,743	$54,743
AMERISOURCEBERGEN CORP 3.4% 05/15/2024 SR LIEN	$322,683	$322,683
AMGEN INC. 1.65% 08/15/2028 USD SR LIEN	$406,480	$406,480
APPLE INC. 1.4% 08/05/2028 USD SR LIEN	$262,406	$262,406
APPLE INC. 3.0% 02/09/2024 SR LIEN	$308,709	$308,709
ASTRAZENECA FINANCE LLC 0.7% 05/28/2024 SR LIEN	$49,065	$49,065
AT&T INC. PFD USD1.2500(5.00%) SERIES A	$39,818	$39,818
B.A.T. CAPITAL CORPORATION 3.222% 08/15/2024 USD SER WI SR LIEN	$292,780	$292,780
BANCO SANTANDER, S.A. HYBRID 06/30/2024 SR LIEN CPN 06/30/21 5.742%	$411,424	$411,424
BANK OF AMERICA CORPORATION HYBRID MTN 03/05/2029 USD SR LIEN CPN 03/05/18 3	$219,793	$219,793
BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD SER AA JRSUB LIEN CPN 03/17	$90,546	$90,546
BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD SER DD JRSUB LIEN CPN 03/10	$72,589	$72,589
BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD SER FF JRSUB LIEN CPN 03/15	$19,490	$19,490
BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD SER JJ JRSUB LIEN CPN 06/20	$19,691	$19,691
BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD SER RR JRSUB LIEN CPN 01/25	$121,339	$121,339
BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD SER TT JRSUB LIEN CPN 04/22	$19,014	$19,014
BANK OF AMERICA CORPORATION HYBRID PERPETUAL USD SER Z SUB LIEN CPN 10/23/14	$45,342	$45,342
BANK OF AMERICA CORPORATION PFD USD1.5000(6.00%) SERIES GG	$49,193	$49,193
BANK OF MONTREAL MTN 1.5% 01/10/2025 USD SR LIEN	$506,765	$506,765
BANK OF MONTREAL MTN 3.3% 02/05/2024 SER E SR LIEN	$121,268	$121,268
BANK OF NEW YORK MELLON CORPOR HYBRID PERPETUAL USD SER G JRSUB LIEN CPN 05/	$64,216	$64,216
BANK OF NEW YORK MELLON CORPOR HYBRID PERPETUAL USD SER H JRSUB LIEN CPN 11/	$66,494	$66,494
BANK OF NOVA SCOTIA (THE) 3.4% 02/11/2024 SR LIEN	$121,217	$121,217
BANK OF NOVA SCOTIA (THE) HYBRID PERPETUAL USD SUB LIEN CPN 06/04/20 4.9%	$62,318	$62,318
BANK OF NOVA SCOTIA 0.7% 04/15/2024 SER FXD SR LIEN	$113,608	$113,608
BARCLAYS PLC HYBRID 11/24/2027 USD SR LIEN CPN 11/24/21 2.279%	$394,437	$394,437
BAT CAPITAL CORP 2.789% 09/06/2024 USD SR LIEN	$168,040	$168,040
BAXTER INTERNATIONAL INC 1.915% 02/01/2027 USD SR LIEN	$326,306	$326,306
BHP BILLITON FINANCE (USA) LIM 5.25% 09/08/2026 SR LIEN	$494,725	$494,725
BP CAPITAL MARKETS P.L.C. 3.723% 11/28/2028 USD SR LIEN	$696,219	$696,219
BP CAPITAL MARKETS P.L.C. HYBRID PERPETUAL USD SUB LIEN CPN 06/22/20 4.875%	$71,369	$71,369
BPCE SA 4.0% 04/15/2024 SER 3 SR LIEN	$311,186	$311,186
BUNGE LIMITED FINANCE CORP. 3.25% 08/15/2026 USD SR LIEN	$295,697	$295,697
BURLINGTON NORTHERN SANTA FE, 3.75% 04/01/2024 SR LIEN	$205,921	$205,921
CANADIAN IMPERIAL BANK 3.1% 04/02/2024 SR LIEN	$62,075	$62,075
CANADIAN PACIFIC RAILWAY COMPA 1.75% 12/02/2026 USD SR LIEN	$324,296	$324,296
CAPITAL ONE FINANCIAL CORP PFD USD1.2500(5.00%) SERIES I	$38,487	$38,487
CAPITAL ONE FINANCIAL CORPORAT HYBRID PERPETUAL USD SER M JRSUB LIEN CPN 06/	$112,636	$112,636
CATERPILLAR FINANCIAL SERVICES MTN 3.3% 06/09/2024 SER G SR LIEN	$104,187	$104,187
CENTERPOINT ENERGY, INC 2.5% 09/01/2024 USD SR LIEN	$227,993	$227,993
CHARLES SCHWAB CORPORATION (TH HYBRID PERPETUAL USD SER G JRSUB LIEN CPN 04/	$49,552	$49,552
CHARLES SCHWAB CORPORATION (TH HYBRID PERPETUAL USD SER H JRSUB LIEN CPN 12/	$51,548	$51,548
CHARLES SCHWAB CORPORATION (TH HYBRID PERPETUAL USD SER I JRSUB LIEN CPN 03/	$97,285	$97,285
CHARLES SCHWAB CORPORATION (TH HYBRID PERPETUAL USD SER K JRSUB LIEN CPN 03/	$68,013	$68,013
CIGNA CORPORATION 3.5% 06/15/2024 SER WI SR LIEN	$361,943	$361,943
CITIGROUP INC 3.875% 03/26/2025 USD SUB LIEN	$69,416	$69,416
CITIGROUP INC. HYBRID 06/09/2027 USD SR LIEN CPN 06/09/21 1.462%	$259,342	$259,342
CITIGROUP INC. HYBRID PERPETUAL SER T SUB LIEN CPN 04/25/16 6.25%	$45,478	$45,478
CITIGROUP INC. HYBRID PERPETUAL USD SER W JRSUB LIEN CPN 12/10/20 4.0%	$124,894	$124,894
CITIGROUP INC. HYBRID PERPETUAL USD SER Y JRSUB LIEN CPN 10/27/21 4.15%	$117,450	$117,450
CITIZENS FINANCIAL GROUP, INC. HYBRID PERPETUAL USD SER C JRSUB LIEN CPN 10/	$23,133	$23,133
CITIZENS FINANCIAL GROUP, INC. HYBRID PERPETUAL USD SER F JRSUB LIEN CPN 06/	$48,069	$48,069
CITIZENS FINANCIAL GROUP, INC. HYBRID PERPETUAL USD SER G JRSUB LIEN CPN 06/	$79,959	$79,959
CITIZENS FINANCIAL GROUP, INC. PFD USD1.2500(5.00%) SERIES E	$21,272	$21,272
CITIZENS FINANCIAL GROUP, INC. PFD USD1.5875(6.35%) SERIES D PFD HYBRID	$9,393	$9,393
CMS ENERGY CORPORATION HYBRID 06/01/2050 USD JRSUB LIEN CPN 05/28/20 4.75%	$72,551	$72,551
CMS ENERGY CORPORATION HYBRID 12/01/2050 USD JRSUB LIEN CPN 11/25/20 3.75%	$27,748	$27,748
CNA FINANCIAL CORPORATION 3.95% 05/15/2024 SR LIEN	$155,644	$155,644
COMCAST CORP 4.15% 10/15/2028 USD SR LIEN	$418,512	$418,512
COMERICA INCORPORATED HYBRID PERPETUAL USD JRSUB LIEN CPN 05/26/20 5.625%	$47,826	$47,826
CONNECTICUT LIGHT AND POWER CO 3.2% 03/15/2027 USD SER A SR LIEN	$215,525	$215,525
CREDIT SUISSE AG-NEW YORK BRAN 0.495% 02/02/2024 SR LIEN	$249,402	$249,402
CVS HEALTH CORPORATION 3.625% 04/01/2027 USD SR LIEN	$299,511	$299,511
DELL INT LLC / EMC CORP 4.0% 07/15/2024 SR LIEN	$189,808	$189,808
DH EUROPE FINANCE II 2.2% 11/15/2024 USD SER 5YR SR LIEN	$452,217	$452,217
DIAGEO CAPITAL PLC 2.125% 10/24/2024 USD SR LIEN	$391,350	$391,350
DISCOVER FINANCIAL SERVICES HYBRID PERPETUAL USD SER D JRSUB LIEN CPN 06/22/	$53,951	$53,951
DOLLAR GENERAL CORPORATION 3.875% 04/15/2027 USD SR LIEN	$299,235	$299,235
DOMINION ENERGY, INC. HYBRID PERPETUAL USD SER B SR LIEN CPN 12/13/19 4.65%	$57,144	$57,144
DOMINION ENERGY, INC. HYBRID PERPETUAL USD SER C JRSUB LIEN CPN 12/09/21 4.3	$35,866	$35,866
DTE ELECTRIC COMPANY 3.65% 03/15/2024 SER 2013 B SR LIEN	$24,149	$24,149
DUKE ENERGY CORPORATION HYBRID PERPETUAL USD SR LIEN CPN 09/12/19 4.875%	$74,911	$74,911
EDISON INTERNATIONAL HYBRID PERPETUAL USD SER A JRSUB LIEN CPN 03/09/21 5.37	$72,122	$72,122
EDISON INTERNATIONAL HYBRID PERPETUAL USD SER B JRSUB LIEN CPN 11/12/21 5.0%	$75,666	$75,666
EMERA INCORPORATED HYBRID 06/15/2076 USD SUB LIEN CPN 06/16/16 6.75%	$72,680	$72,680
EMERSON ELECTRIC CO 0.875% 10/15/2026 USD SR LIEN	$689,308	$689,308
ENBRIDGE INC 1.6% 10/04/2026 USD SR LIEN	$364,437	$364,437
ENBRIDGE INC. HYBRID 01/15/2083 USD JRSUB LIEN CPN 09/20/22 7.375%	$46,798	$46,798
ENBRIDGE INC. HYBRID 07/15/2080 USD SER 20-A SUB LIEN CPN 07/08/20 5.75%	$61,686	$61,686
ENERGY TRANSFER OPERATING LP FRN 11/01/2066 USD SER B USLIB 3MO +301.75BP SU	$32,890	$32,890
ENTERGY LOUISIANA LLC 0.95% 10/01/2024 USD	$96,977	$96,977
ENTERPRISE PRODUCTS OPER 4.15% 10/16/2028 USD SR LIEN	$378,877	$378,877
EQUITABLE HOLDINGS, INC. HYBRID PERPETUAL USD SER B JRSUB LIEN CPN 08/11/20	$52,458	$52,458
FIFTH THIRD BANCORP HYBRID PERPETUAL USD SER L JRSUB LIEN CPN 07/30/20 4.5%	$56,350	$56,350
FISERV, INC. 2.75% 07/01/2024 SR LIEN	$93,883	$93,883
FISERV, INC. 4.2% 10/01/2028 USD SR LIEN	$163,089	$163,089
GENERAL MOTORS FINANCIAL COMPA HYBRID PERPETUAL USD SER B JRSUB LIEN CPN 09/	$23,155	$23,155
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	$647,795	$647,795
HP ENTERPRISE CO 1.45% 04/01/2024 SR LIEN	$79,413	$79,413
HSBC USA INC. 3.5% 06/23/2024 SR LIEN	$163,595	$163,595
HUNTINGTON BANCSHARES INCORPOR HYBRID PERPETUAL USD SER F JRSUB LIEN CPN 06/	$32,023	$32,023
HUNTINGTON BANCSHARES INCORPOR HYBRID PERPETUAL USD SER G JRSUB LIEN CPN 08/	$44,360	$44,360
IBM CORPORATION 3.625% 02/12/2024 SR LIEN	$313,583	$313,583
ING GROEP N.V. 4.55% 10/02/2028 USD SR LIEN	$240,650	$240,650
ING GROEP N.V. HYBRID 03/28/2028 USD SR LIEN CPN 03/28/22 4.017%	$198,153	$198,153
INTEL CORPORATION 1.6% 08/12/2028 USD SR LIEN	$645,539	$645,539
JOHN DEERE CAPITAL CORPORATION MTN 0.625% 09/10/2024 USD SR LIEN	$173,814	$173,814
JOHN DEERE CAPITAL CORPORATION MTN 2.6% 03/07/2024 SR LIEN	$20,050	$20,050
JOHN DEERE CAPITAL CORPORATION MTN 3.45% 01/10/2024 SR LIEN	$101,591	$101,591
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER FF JRSUB LIEN CPN 07/31/19 5.0	$65,161	$65,161
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER KK JRSUB LIEN CPN 05/12/21 3.6	$127,837	$127,837
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER X JRSUB LIEN CPN 09/23/14 6.1%	$50,479	$50,479
JPMORGAN CHASE & CO. PFD USD1.5000(6.00%) SERIES EE	$50,063	$50,063
KEYCORP HYBRID PERPETUAL USD SER D JRSUB LIEN CPN 09/09/16 5.0%	$20,073	$20,073
L3HARRIS TECH INC 5.4% 01/15/2027 USD SR LIEN	$292,258	$292,258
LLOYDS BANKING GROUP PLC HYBRID 05/11/2027 USD SR LIEN CPN 03/11/21 1.627%	$262,808	$262,808
M&T BANK CORPORATION HYBRID PERPETUAL SER G JRSUB LIEN CPN 07/30/19 5.0%	$64,757	$64,757
M&T BANK CORPORATION HYBRID PERPETUAL USD JRSUB LIEN CPN 08/17/21 3.5%	$89,451	$89,451
M&T BANK CORPORATION HYBRID PERPETUAL USD SER F JRSUB LIEN CPN 10/28/16 5.12	$21,883	$21,883
MAGELLAN MIDSTREAM PARTN 5.0% 03/01/2026 USD SR LIEN	$294,213	$294,213
MARKEL CORPORATION HYBRID PERPETUAL USD JRSUB LIEN CPN 05/27/20 6.0%	$34,797	$34,797
MCKESSON CORPORATION 1.3% 08/15/2026 USD SR LIEN	$413,119	$413,119
METLIFE, INC. HYBRID PERPETUAL USD SER D JRSUB LIEN CPN 03/22/18 5.875%	$24,936	$24,936
METLIFE, INC. HYBRID PERPETUAL USD SER G JRSUB LIEN CPN 09/10/20 3.85%	$70,889	$70,889
MORGAN STANLEY HYBRID 05/30/2025 USD SR LIEN CPN 06/01/21 0.79%	$409,911	$409,911
MORGAN STANLEY HYBRID 12/10/2026 USD SR LIEN CPN 12/10/20 0.985%	$196,146	$196,146
MORGAN STANLEY HYBRID PERPETUAL USD SER M JRSUB LIEN CPN 09/15/20 5.875%	$34,087	$34,087
MORGAN STANLEY PFD USD1.5938(6.38%) SERIES I . .	$679	$679
MORGAN STANLEY PFD USD1.6250(6.50%) SERIES P	$26,815	$26,815
NATIONAL RURAL UTILITIES COOPE HYBRID 04/20/2046 USD SRSUB LIEN CPN 04/20/16	$29,012	$29,012
NEXTERA ENERGY CAPITAL HOLDING 1.875% 01/15/2027 USD SR LIEN	$649,186	$649,186
NEXTERA ENERGY CAPITAL HOLDING HYBRID 05/01/2079 USD JRSUB LIEN CPN 04/04/19	$23,694	$23,694
NOVARTIS CAPITAL CORP 2.0% 02/14/2027 USD SR LIEN	$622,723	$622,723
OMNICOM GROUP INC. 3.65% 11/01/2024 USD SR LIEN	$250,494	$250,494
ORACLE CORPORATION 2.5% 04/01/2025 USD SR LIEN	$289,978	$289,978
PARTNERRE FINANCE B LLC HYBRID 10/01/2050 USD JRSUB LIEN CPN 09/22/20 4.5%	$30,174	$30,174
PHILIP MORRIS INTERNATIONAL IN 2.875% 05/01/2024 SR LIEN	$143,351	$143,351
PHILIP MORRIS INTERNATIONAL IN 3.25% 11/10/2024 USD SR LIEN	$205,426	$205,426
PNC FINANCIAL SERVICES GROUP, HYBRID PERPETUAL USD SER T JRSUB LIEN CPN 09/1	$103,805	$103,805
PROCTER & GAMBLE COMPANY (THE) 1.9% 02/01/2027 USD SR LIEN	$790,756	$790,756
PRUDENTIAL FINANCIAL, INC. HYBRID 03/01/2052 USD JRSUB LIEN CPN 02/28/22 5.1	$23,923	$23,923
REALTY INCOME CORP 3.875% 07/15/2024 SR LIEN	$70,652	$70,652
REALTY INCOME CORP 4.6% 02/06/2024 SR LIEN	$131,206	$131,206
REGIONS FINANCIAL CORPORATION PFD USD1.4250(5.70%) SERIES C HYBRID PREF	$16,941	$16,941
ROYAL BANK OF CANADA MTN 2.55% 07/16/2024 SR LIEN	$159,411	$159,411
ROYAL BANK OF CANADA MTN 3.97% 07/26/2024 SR LIEN	$127,079	$127,079
S&P GLOBAL INC 2.45% 03/01/2027 USD SER WI SR LIEN	$476,890	$476,890
SANTANDER UK GROUP HOLDINGS PL HYBRID 03/15/2025 SR LIEN CPN 03/15/21 1.089%	$198,449	$198,449
SANTANDER UK PLC 4.0% 03/13/2024 SR LIEN	$121,008	$121,008
SEMPRA ENERGY HYBRID 04/01/2052 USD JRSUB LIEN CPN 11/19/21 4.125%	$71,216	$71,216
SEMPRA ENERGY HYBRID PERPETUAL USD JRSUB LIEN CPN 06/19/20 4.875%	$49,437	$49,437
SHERWIN-WILLIAMS COMPANY (THE) 4.05% 08/08/2024 SR LIEN	$362,552	$362,552
SIMON PROPERTY GROUP LP 2.0% 09/13/2024 USD SR LIEN	$392,293	$392,293
SIMON PROPERTY GROUP, L.P. 3.75% 02/01/2024 SR LIEN	$173,379	$173,379
SOUTHERN COMPANY (THE) HYBRID 01/15/2051 USD SER B JRSUB LIEN CPN 09/18/20 4	$53,311	$53,311
SOUTHERN COMPANY (THE) HYBRID 09/15/2051 USD SER 21-A JRSUB LIEN CPN 05/06/2	$4,608	$4,608
SUMITOMO MITSUI FINANCIAL GROU 2.448% 09/27/2024 USD SR LIEN	$196,906	$196,906
SYNCHRONY FINANCIAL PFD USD1.4063(5.63%) SERIES A	$35,207	$35,207
TARGET CORPORATION 3.5% 07/01/2024 SR LIEN	$307,571	$307,571
TEXAS INSTRUMENTS INC 1.125% 09/15/2026 USD SR LIEN	$358,682	$358,682
TOYOTA MOTOR CORPORATION 0.681% 03/25/2024 SR LIEN	$70,348	$70,348
TOYOTA MOTOR CREDIT CORP MTN 2.9% 04/17/2024 SR LIEN	$74,884	$74,884
TRANSCANADA PIPELINES LIMITED 4.25% 05/15/2028 USD SER 10YR SR LIEN	$171,442	$171,442
TRANSCANADA TRUST HYBRID 08/15/2076 USD SER 16-A SUB LIEN CPN 08/11/16 5.875	$43,536	$43,536
TRANSCANADA TRUST HYBRID 09/15/2079 USD JRSUB LIEN CPN 09/12/19 5.5%	$21,774	$21,774
TRUIST FINANCIAL CORPORATION HYBRID PERPETUAL USD SER N JRSUB LIEN CPN 07/29	$18,723	$18,723
TRUIST FINANCIAL CORPORATION HYBRID PERPETUAL USD SER P JRSUB LIEN CPN 06/01	$52,886	$52,886
TRUIST FINANCIAL CORPORATION HYBRID PERPETUAL USD SER Q JRSUB LIEN CPN 06/19	$78,533	$78,533
TYCO ELECTRONICS GROUP S.A. 3.45% 08/01/2024 SR LIEN	$408,916	$408,916
U.S. BANCORP HYBRID PERPETUAL USD JRSUB LIEN CPN 10/26/21 3.7%	$99,901	$99,901
UNITEDHEALTH GROUP INCORPORATE 3.5% 02/15/2024 SR LIEN	$313,296	$313,296
VERIZON COMMUNICATIONS, INC. 4.329% 09/21/2028 USD SER WI SR LIEN	$401,940	$401,940
VIRGINIA ELECTRIC & POWER COMP 3.15% 01/15/2026 USD SER A SR LIEN	$326,706	$326,706
VODAFONE GROUP PUBLIC LIMITED HYBRID 04/04/2079 USD SUB LIEN CPN 04/04/19 7.	$31,433	$31,433
VOYA FINANCIAL, INC. PFD USD1.3375(5.35%) SERIES B	$13,241	$13,241
WALMART INC. 1.5% 09/22/2028 USD SR LIEN	$660,232	$660,232
WELLS FARGO & COMPANY 4.48% 01/16/2024 SER B SUB LIEN	$112,198	$112,198
WELLS FARGO & COMPANY HYBRID PERPETUAL USD SER BB JRSUB LIEN CPN 01/26/21 3.	$74,049	$74,049
WELLS FARGO & COMPANY HYBRID PERPETUAL USD SER U SUB LIEN CPN 01/23/15 5.875	$24,829	$24,829
WYETH LLC 6.45% 02/01/2024 SR LIEN	$51,362	$51,362
XILINX INC 2.95% 06/01/2024 SR LIEN	$89,232	$89,232

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (523 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ABBOTT LABORATORIES CMN	$36,103	$36,103
ABBVIE INC CMN	$43,547	$43,547
ACCENTURE PLC CMN CLASS A	$47,373	$47,373
ACUITY BRANDS, INC. CMN	$46,496	$46,496
ADEIA INC. CMN	$28,708	$28,708
AERCAP HOLDINGS NV ORD CMN	$202,968	$202,968
AFLAC INCORPORATED CMN	$28,793	$28,793
AGILENT TECHNOLOGIES, INC. CMN	$7,242	$7,242
AIR PRODUCTS & CHEMICALS INC CMN	$15,982	$15,982
ALEXANDRIA REAL ESTATE EQUITIES, INC.	$97,054	$97,054
ALEXANDRIA REAL ESTATE EQUITIES, INC.	$10,115	$10,115
ALIGHT INC CMN	$19,738	$19,738
ALLISON TRANSMISSION HLDG INC. CMN	$43,438	$43,438
ALLSTATE CORPORATION COMMON STOCK	$30,991	$30,991
ALPHABET INC. CMN CLASS A	$213,726	$213,726
ALPHABET INC. CMN CLASS C	$382,202	$382,202
ALPHABET INC. CMN CLASS C	$183,068	$183,068
AMAZON.COM INC CMN	$440,170	$440,170
AMCOR PLC CMN	$6,642	$6,642
AMEDISYS, INC. CMN	$18,727	$18,727
AMEREN CORPORATION CMN	$8,247	$8,247
AMERICAN ELECTRIC POWER INC CMN	$24,204	$24,204
AMERICAN HOMES 4 RENT LLC CMN	$60,844	$60,844
AMERICAN INTL GROUP, INC. CMN	$49,051	$49,051
AMERICAN TOWER CORPORATION CMN	$310,052	$310,052
AMERICAN TOWER CORPORATION CMN	$11,967	$11,967
AMERICAN WATER WORKS CO, INC. CMN	$6,336	$6,336
AMERICOLD REALTY TRUST, INC CMN	$74,182	$74,182
AMERIS BANCORP CMN	$21,865	$21,865
AMETEK INC (NEW) CMN	$9,893	$9,893
AMGEN INC. CMN	$12,385	$12,385
AMKOR TECHNOLOGIES INC CMN	$18,299	$18,299
AMN HEALTHCARE SERVICES, INC. CMN	$27,256	$27,256
AMPHENOL CORP CL-A (NEW) CMN CLASS A	$14,306	$14,306
ANALOG DEVICES, INC. CMN	$40,308	$40,308
AON PUBLIC LIMITED COMPANY CMN	$124,848	$124,848
APPLE INC. CMN	$205,044	$205,044
ARCH CAPITAL GROUP LTD. CMN	$15,968	$15,968
ARCHER-DANIELS-MIDLAND COMPANY CMN	$30,477	$30,477
ARRAY TECHNOLOGIES, INC. CMN	$17,690	$17,690
ARTHUR J GALLAGHER & CO CMN	$14,842	$14,842
ASHLAND GLOBAL HOLDINGS INC. CMN	$24,619	$24,619
ASSURED GUARANTY LTD. CMN	$54,327	$54,327
AT&T INC. CMN	$121,135	$121,135
ATKORE INC CMN	$41,440	$41,440
ATMOS ENERGY CORPORATION CMN	$7,302	$7,302
AUTOMATIC DATA PROCESSING INC CMN	$13,359	$13,359
AVALONBAY COMMUNITIES INC CMN	$107,089	$107,089
AVALONBAY COMMUNITIES INC CMN	$7,177	$7,177
AVANTOR FUNDING, INC. CMN	$2,420	$2,420
AVERY DENNISON CORPORATION CMN	$4,852	$4,852
AVNET INC. CMN	$54,281	$54,281
AXIS CAPITAL HOLDINGS LIMITED CMN	$64,349	$64,349
BAKER HUGHES CO CMN	$15,313	$15,313
BALL CORPORATION CMN	$5,810	$5,810
BANK OF AMERICA CORP CMN	$236,161	$236,161
BAXTER INTERNATIONAL INC CMN	$5,531	$5,531
BAYER AG-SPONSORED ADR SPONSORED ADR CMN	$88,384	$88,384
BEACON ROOFING SUPPLY, INC. CMN	$50,472	$50,472
BECTON, DICKINSON AND COMPANY CMN	$16,337	$16,337
BELDEN INC CMN	$23,345	$23,345
BELLRING BRANDS, INC. CMN	$24,722	$24,722
BERKSHIRE HATHAWAY INC. CLASS B	$350,953	$350,953
BERKSHIRE HILLS BANCORP INC. CMN	$16,537	$16,537
BGC GROUP, INC. CMN	$52,771	$52,771
BIOGEN INC. CMN	$9,833	$9,833
BIOMARIN PHARMACEUTICAL INC. CMN	$2,411	$2,411
BLOOMIN' BRANDS, INC. CMN	$18,185	$18,185
BOSTON PROPERTIES, INC. COMMON STOCK	$68,019	$68,019
BOSTON SCIENTIFIC CORP. COMMON STOCK	$14,626	$14,626
BOWLERO CORP CMN	$44,363	$44,363
BOYD GAMING CORPORATION CMN	$15,567	$15,567
BRADY CORP CLASS-A CMN CLASS A	$21,539	$21,539
BRINKER INTERNATIONAL INC CMN	$17,877	$17,877
BRINK'S COMPANY (THE) CMN	$97,009	$97,009
BRISTOL-MYERS SQUIBB COMPANY CMN	$50,232	$50,232
BROADCOM INC. CMN	$80,370	$80,370
BROADRIDGE FINANCIAL SOLUTIONS IN CMN	$5,990	$5,990
BROWN & BROWN, INC. CMN	$2,204	$2,204
BROWN FORMAN CORP CL B CMN CLASS B	$1,662	$1,662
BRP GROUP INC CMN CLASS A	$15,781	$15,781
BUCKLE INC COM CMN	$28,940	$28,940
BUMBLE INC. CMN	$14,209	$14,209
CACTUS, INC. CMN CLASS A	$14,664	$14,664
CADENCE DESIGN SYSTEMS INC CMN	$10,622	$10,622
CALERES, INC CMN	$20,513	$20,513
CAPITAL ONE FINANCIAL CORP CMN	$216,217	$216,217
CARLISLE COMPANIES INCORPORATE CMN	$8,748	$8,748
CARS.COM INC. CMN	$24,699	$24,699
CATALYST PHARMACEUTICAL INC.CMN	$19,937	$19,937
CATERPILLAR INC (DELAWARE) CMN	$61,204	$61,204
CBRE GROUP, INC. CMN CLASS A	$35,002	$35,002
CDW CORPORATION CMN	$3,410	$3,410
CENTENE CORPORATION CMN	$21,298	$21,298
CENTERPOINT ENERGY, INC CMN	$8,742	$8,742
CF INDUSTRIES HOLDINGS, INC. CMN	$8,825	$8,825
CHAMPIONX CORPORATION CMN	$40,982	$40,982
CHARLES SCHWAB CORPORATION CMN	$52,563	$52,563
CHARTER COMMUNICATIONS, INC. CMN	$36,147	$36,147
CHARTER COMMUNICATIONS, INC. CMN	$19,823	$19,823
CHEGG, INC. CMN	$15,609	$15,609
CHEVRON CORPORATION CMN	$184,063	$184,063
CHIPOTLE MEXICAN GRILL, INC. CMN	$11,435	$11,435
CHUBB LIMITED CMN	$77,813	$77,813
CHURCH & DWIGHT CO., INC. CMN	$2,931	$2,931
CIGNA GROUP/THE CMN	$41,025	$41,025
CINCINNATI FINANCIAL CRP CMN	$9,900	$9,900
CINTAS CORPORATION CMN	$9,040	$9,040
CISCO SYSTEMS, INC. CMN	$78,508	$78,508
CITIGROUP INC. CMN	$101,697	$101,697
CITIZENS FINANCIAL GROUP, INC. CMN	$20,779	$20,779
CLEARFIELD, INC. CMN	$21,025	$21,025
CLOROX CO (THE) (DELAWARE) CMN	$1,854	$1,854
CME GROUP INC. CMN CLASS A	$32,378	$32,378
CMS ENERGY CORPORATION CMN	$6,388	$6,388
COCA-COLA COMPANY (THE) CMN	$56,750	$56,750
COGNIZANT TECHNOLOGY SOLUTIONS CORP CLASS A	$17,598	$17,598
COHERENT CORP CMN	$22,374	$22,374
COMCAST CORPORATION CMN CLASS A VOTING	$164,525	$164,525
COMCAST CORPORATION CMN CLASS A VOTING	$96,514	$96,514
CONAGRA BRANDS INC CMN	$10,633	$10,633
CONCENTRIX CORPORATION CMN	$23,963	$23,963
CONOCOPHILLIPS CMN	$340,085	$340,085
CONOCOPHILLIPS CMN	$81,481	$81,481
CONSOLIDATED EDISON INC CMN	$19,740	$19,740
CONSTELLATION BRANDS INC CMN CLASS A	$11,604	$11,604
CONSTELLATION ENERGY CORP CMN	$12,741	$12,741
COOPER COMPANIES INC (NEW) CMN	$3,028	$3,028
COPART, INC. CMN	$3,920	$3,920
CORECIVIC, INC. CMN	$38,359	$38,359
CORNING INCORPORATED CMN	$9,592	$9,592
CORTEVA, INC. CMN	$22,714	$22,714
COSTAR GROUP, INC. CMN	$4,544	$4,544
COSTCO WHOLESALE CORPORATION CMN	$54,006	$54,006
COTERRA ENERGY INC CMN	$16,231	$16,231
COUSINS PROPERTIES INCORPORATE CMN	$23,230	$23,230
CROWN CASTLE INTL CORP CMN	$81,900	$81,900
CROWN CASTLE INTL CORP CMN	$9,100	$9,100
CSX CORPORATION CMN	$30,475	$30,475
CUBESMART CMN	$72,399	$72,399
CUMMINS INC COMMON STOCK	$18,686	$18,686
CVS HEALTH CORP CMN	$67,037	$67,037
DANAHER CORPORATION CMN	$24,547	$24,547
DARDEN RESTAURANTS, INC. CMN	$5,915	$5,915
DAVE & BUSTER'S ENTERTAINMNT, CMN	$30,264	$30,264
DEERE & COMPANY CMN	$53,378	$53,378
DELL TECHNOLOGIES INC. CMN	$467	$467
DEXCOM, INC. CMN	$3,350	$3,350
DIAMONDBACK ENERGY INC CMN	$21,246	$21,246
DIGITAL REALTY TRUST, INC. CMN	$66,406	$66,406
DIGITAL REALTY TRUST, INC. CMN	$9,234	$9,234
DIME COMMUNITY BANCSHARES INC CMN	$15,350	$15,350
DNOW INC CMN	$16,278	$16,278
DOLLAR GENERAL CORPORATION CMN	$15,226	$15,226
DOLLAR TREE STORES, INC. CMN	$14,489	$14,489
DOMINION ENERGY INC CMN	$25,897	$25,897
DOVER CORPORATION CMN	$8,152	$8,152
DOW INC CMN	$20,730	$20,730
DTE ENERGY COMPANY CMN	$10,349	$10,349
DUKE ENERGY CORPORATION CMN	$46,773	$46,773
DUN & BRADSTREET HOLDINGS, INC CMN	$19,925	$19,925
DUPONT DE NEMOURS INC CMN	$21,156	$21,156
EASTGROUP PROPERTIES INC CMN	$59,324	$59,324
EATON CORP PLC CMN	$25,527	$25,527
EBAY INC. CMN	$11,908	$11,908
ECOLAB INC. CMN	$7,758	$7,758
ECOVYST INC. CMN	$31,674	$31,674
EDISON INTERNATIONAL CMN	$14,382	$14,382
EDWARDS LIFESCIENCES CORPORATI CMN	$5,948	$5,948
ELDORADO GOLD CORPORATION CMN	$22,399	$22,399
ELECTRONIC ARTS CMN	$12,450	$12,450
ELEVANCE HEALTH INC CMN	$178,721	$178,721
ELEVANCE HEALTH INC CMN	$38,668	$38,668
ELI LILLY & CO CMN	$26,231	$26,231
EMERSON ELECTRIC CO. CMN	$18,687	$18,687
EMPLOYERS HOLDINGS, INC. CMN	$16,745	$16,745
ENACT HOLDINGS, INC. CMN	$18,432	$18,432
ENDEAVOR GROUP HOLDINGS, INC. CMN	$1,163	$1,163
ENERPLUS CORPORATION CMN	$15,739	$15,739
ENERSYS CMN	$29,581	$29,581
ENTERGY CORPORATION CMN	$14,774	$14,774
ENTRAVISION COMMUNICATIONS COR CMN CLASS A	$9,812	$9,812
EOG RESOURCES INC CMN	$42,212	$42,212
EQT CORPORATION CMN	$11,211	$11,211
EQUIFAX INC. CMN	$7,913	$7,913
EQUINIX, INC. REIT	$233,563	$233,563
EQUINIX, INC. REIT	$8,859	$8,859
EQUITY LIFESTYLE PROPERTIES, I CMN	$72,407	$72,407
EQUITY RESIDENTIAL CMN	$5,749	$5,749
ESSENT GROUP LTD. CMN	$50,367	$50,367
ESSEX PROPERTY TRUST INC CMN	$38,288	$38,288
ESSEX PROPERTY TRUST INC CMN	$4,505	$4,505
EVERCORE INC CMN CLASS A	$76,973	$76,973
EVERSOURCE ENERGY CMN	$16,541	$16,541
EXELON CORPORATION CMN	$19,601	$19,601
EXPEDITORS INTERNATIONAL OF WA CMN	$5,342	$5,342
EXPRO GROUP HOLDINGS NV CMN	$23,976	$23,976
EXTRA SPACE STORAGE INC. CMN	$162,735	$162,735
EXTRA SPACE STORAGE INC. CMN	$4,329	$4,329
EXTREME NETWORKS INC CMN	$29,759	$29,759
EXXON MOBIL CORPORATION CMN	$244,151	$244,151
FACTSET RESEARCH SYSTEMS INC CMN	$5,725	$5,725
FASTENAL COMPANY CMN	$6,153	$6,153
FEDERAL AGRICULTURAL MORTGAGE CORP CL-C	$85,858	$85,858
FEDERAL REALTY INVESTMENT TRUS CMN	$60,401	$60,401
FEDEX CORPORATION CMN	$32,541	$32,541
FERGUSON PLC CMN	$13,764	$13,764
FIDELITY NATL INFO SVCS INC CMN	$28,353	$28,353
FIRST MERCHANTS CORPORATION CMN	$36,079	$36,079
FIRST SOLAR, INC. CMN	$8,786	$8,786
FIRSTCASH HLDGS INC CMN	$51,268	$51,268
FIRSTENERGY CORP. CMN	$9,238	$9,238
FISERV, INC. CMN	$43,439	$43,439
FORTIVE CORPORATION CMN	$9,277	$9,277
FORTREA HOLDINGS INC. CMN	$29,630	$29,630
FOX CORPORATION CMN	$7,061	$7,061
FOX CORPORATION CMN CLASS B	$3,346	$3,346
FRESH DEL MONTE PRODUCE INC. ORDINARY SHARES	$17,588	$17,588
FRONTDOOR, INC. CMN	$31,170	$31,170
FTI CONSULTING, INC. CMN	$50,584	$50,584
GARMIN LTD CMN	$7,712	$7,712
GARTNER, INC. CMN	$2,707	$2,707
GE HEALTHCARE TECHNOLOGIES INC CMN	$6,108	$6,108
GENERAL DYNAMICS CORP. CMN	$29,343	$29,343
GENERAL ELECTRIC COMPANY CMN	$247,502	$247,502
GENERAL ELECTRIC COMPANY CMN	$40,867	$40,867
GENERAL MILLS INC CMN	$19,216	$19,216
GENUINE PARTS CO. CMN	$6,550	$6,550
GILEAD SCIENCES CMN	$35,887	$35,887
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	$296,080	$296,080
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	$105,181	$105,181
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	$48,380	$48,380
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	$30,787	$30,787
GRANITE CONSTRUCTION INC. CMN	$31,818	$31,818
GRIFFON CORPORATION CMN	$24,197	$24,197
GROUP 1 AUTOMOTIVE, INC. CMN	$32,912	$32,912
HACKETT GROUP, INC. (THE) CMN	$17,068	$17,068
HAEMONETICS CORPORATION CMN	$57,719	$57,719
HALOZYME THERAPEUTICS, INC. CMN	$16,041	$16,041
HANCOCK WHITNEY CORP CMN	$28,717	$28,717
HARTFORD FINANCIAL SRVCS GROUP CMN	$21,825	$21,825
HEICO CORP CL-A CMN CLASS A	$570	$570
HEICO CORPORATION (NEW) CMN	$1,610	$1,610
HERITAGE COMMERCE CORP CMN	$15,674	$15,674
HESS CORPORATION CMN	$10,668	$10,668
HEWLETT PACKARD ENTERPRISE CO CMN	$20,241	$20,241
HILTON WORLDWIDE HOLDINGS INC. CMN	$124,550	$124,550
HILTON WORLDWIDE HOLDINGS INC. CMN	$30,591	$30,591
HOLOGIC INCORPORATED CMN	$3,358	$3,358
HONEYWELL INTL INC CMN	$43,410	$43,410
HOPE BANCORP INC CMN	$18,241	$18,241
HORMEL FOODS CORPORATION CMN	$3,436	$3,436
HOWMET AEROSPACE INC. CMN	$5,250	$5,250
HUB GROUP, INC. CMN CLASS A	$36,040	$36,040
HUMANA INC. CMN	$18,348	$18,348
HUNTINGTON BANCSHARES INCORPOR CMN	$15,064	$15,064
HYATT HOTELS CORPORATION CMN CLASS A	$28,951	$28,951
IDEX CORPORATION COMMON STOCK	$1,520	$1,520
ILLINOIS TOOL WORKS CMN	$10,797	$10,797
INCYTE CORPORATION CMN	$2,888	$2,888
INMODE LTD CMN	$20,528	$20,528
INSIGHT ENTERPRISES, INC. CMN	$38,450	$38,450
INTEL CORPORATION CMN	$118,289	$118,289
INTERACTIVE BROKERS GROUP, INC CMN CLASS A	$6,218	$6,218
INTERCONTINENTAL EXCHANGE INC CMN	$36,217	$36,217
INTERDIGITAL INC CMN	$70,334	$70,334
INTERNATIONAL MONEY EXPRESS, I CMN	$15,132	$15,132
INTL BUSINESS MACHINES CORP CMN	$50,046	$50,046
INTL.FLAVORS & FRAGRANCE CMN	$14,884	$14,884
INVITATION HOMES INC. CMN	$78,203	$78,203
INVITATION HOMES INC. CMN	$6,568	$6,568
IRON MOUNTAIN INCORPORATED CMN	$2,394	$2,394
J B HUNT TRANS SVCS INC CMN	$4,195	$4,195
JACOBS ENGINEERING GROUP INC CMN	$5,452	$5,452
JANUS INTERNATIONAL GROUP, INC CMN	$39,685	$39,685
JOHNSON & JOHNSON CMN	$108,151	$108,151
JOHNSON CONTROLS INTERNATIONAL CMN	$20,445	$20,445
JPMORGAN CHASE & CO CMN	$315,025	$315,025
KELLANOVA CMN	$5,479	$5,479
KENVUE INC. CMN	$19,033	$19,033
KEURIG DR PEPPER INC CMN	$21,025	$21,025
KEYSIGHT TECHNOLOGIES, INC. CMN	$11,136	$11,136
KIMBERLY-CLARK CORPORATION CMN	$1,963	$1,963
KIMCO REALTY OP, LLC CMN	$65,912	$65,912
KINDER MORGAN INC CMN CLASS P	$27,342	$27,342
KOSMOS ENERGY LTD. CMN	$23,129	$23,129
KROGER COMPANY CMN	$18,695	$18,695
L3HARRIS TECHNOLOGIES INC CMN	$27,170	$27,170
LABORATORY CORPORATION OF AMER CMN	$6,137	$6,137
LANTHEUS HOLDINGS, INC. CMN	$27,838	$27,838
LAUREATE EDUCATION, INC. CMN CLASS A	$66,096	$66,096
LCI INDUSTRIES CMN	$36,707	$36,707
LEGALZOOM COM INC CMN	$33,821	$33,821
LEONARDO DRS INC. CMN	$45,471	$45,471
LIBERTY BROADBAND CORPORATION CMN CLASS C	$138,292	$138,292
LIBERTY MEDIA CORP-LIB-NEW-C CMN	$2,651	$2,651
LIBERTY MEDIA CORPORATION CMN	$3,079	$3,079
LIBERTY SIRIUSXM GROUP CMN	$1,609	$1,609
LINDE PLC CMN	$52,982	$52,982
LIVERAMP HOLDINGS, INC. CMN	$18,410	$18,410
LOCKHEED MARTIN CORPORATION CMN	$33,540	$33,540
LPL FINANCIAL HOLDINGS INC. CMN	$10,243	$10,243
LYONDELLBASELL INDUSTRIES N.V. CMN CLASS A	$12,265	$12,265
M&T BANK CORPORATION CMN	$22,481	$22,481
MARATHON PETROLEUM CORPORATION CMN	$45,992	$45,992
MARKEL GROUP INC CMN	$12,779	$12,779
MARRIOTT INTERNATIONAL, INC CMN CLASS A	$118,618	$118,618
MARSH & MCLENNAN CO INC CMN	$23,873	$23,873
MARTIN MARIETTA MATERIALS,INC CMN	$9,479	$9,479
MASONITE INTL CORP NEW CMN	$27,261	$27,261
MASTERCARD INCORPORATED CMN CLASS A	$22,179	$22,179
MCCORMICK & CO NON VTG SHRS CMN	$4,750	$4,750
MEDTRONIC PUBLIC LIMITED COMPA CMN	$38,464	$38,464
MERCK & CO., INC. CMN	$84,538	$84,538
META PLATFORMS INC-CLASS A CMN CLASS A	$336,970	$336,970
METHANEX CORPORATION CMN	$16,434	$16,434
METLIFE, INC. CMN	$45,431	$45,431
METTLER-TOLEDO INTL CMN	$1,213	$1,213
MICROSOFT CORPORATION CMN	$568,949	$568,949
MICROSOFT CORPORATION CMN	$408,003	$408,003
MID-AMERICA APT CMNTYS INC CMN	$16,942	$16,942
MID-AMERICA APT CMNTYS INC CMN	$2,824	$2,824
MODERNA, INC. CMN	$2,387	$2,387
MOLINA HEALTHCARE, INC. CMN	$5,058	$5,058
MONDELEZ INTERNATIONAL, INC. CMN	$39,415	$39,415
MONSTER BEVERAGE CORPORATION CMN	$10,946	$10,946
MOODY'S CORPORATION CMN	$17,966	$17,966
MORGAN STANLEY CMN	$88,028	$88,028
MOTOROLA SOLUTIONS INC CMN	$314	$314
N V R INC CMN	$7,000	$7,000
NASDAQ INC. CMN	$14,012	$14,012
NCR ATLEOS CORP CMN	$14,720	$14,720
NCR VOYIX CORP CMN	$20,512	$20,512
NETAPP, INC. CMN	$4,232	$4,232
NETFLIX, INC. CMN	$234,676	$234,676
NEW JERSEY RESOURCES CORPORATI CMN	$17,609	$17,609
NEWMONT CORP CMN	$21,068	$21,068
NEXSTAR MEDIA GROUP INC CMN	$51,414	$51,414
NEXTERA ENERGY, INC. CMN	$38,752	$38,752
NOBLE CORPORATION PLC CMN	$29,763	$29,763
NOMAD FOODS LTD CMN	$16,730	$16,730
NORFOLK SOUTHERN CORP CMN	$24,111	$24,111
NORTHERN TRUST CORP CMN	$20,176	$20,176
NORTHROP GRUMMAN CORP CMN	$28,557	$28,557
OCCIDENTAL PETROLEUM CORP CMN	$40,202	$40,202
OCCIDENTAL PETROLEUM CORP CMN	$20,063	$20,063
OCEANFIRST FINANCIAL CORP CMN	$31,873	$31,873
OLD DOMINION FREIGHT LINE, INC CMN	$6,485	$6,485
OLD NATIONAL BANCORP CMN	$35,148	$35,148
ORACLE CORPORATION CMN	$3,268	$3,268
ORION SA CMN	$15,291	$15,291
OSI SYSTEMS, INC. CMN	$36,005	$36,005
P G & E CORPORATION CMN	$23,921	$23,921
PACCAR INC CMN	$26,725	$26,725
PALO ALTO NETWORKS INC. CMN	$10,616	$10,616
PAR PACIFIC HOLDINGS INC CMN	$40,625	$40,625
PATTERSON-UTI ENERGY, INC. CMN REG OFFER 23054738	$19,451	$19,451
PAYCHEX, INC. CMN	$8,814	$8,814
PEAPACK GLADSTONE FINANCIAL CO CMN	$21,620	$21,620
PEDIATRIX MEDICAL GROUP INC CMN	$13,215	$13,215
PEGASYSTEMS INC. CMN	$11,342	$11,342
PENNYMAC FINANCIAL SERVICS INC CMN	$23,153	$23,153
PEPSICO, INC. CMN	$55,951	$55,951
PERRIGO CO PLC CMN	$20,241	$20,241
PETIQ INC CMN	$29,823	$29,823
PFIZER INC. CMN	$69,845	$69,845
PHILLIPS 66 CMN	$51,791	$51,791
PHINIA INC. CMN	$17,992	$17,992
PHOTRONICS, INC. CMN	$20,704	$20,704
PIMCO INCOME FUND INSTITUTIONAL	$3,709,214	$3,709,214
PIONEER NATURAL RESOURCES CO CMN	$33,732	$33,732
PNC FINANCIAL SERVICES GROUP, CMN	$50,946	$50,946
PORTLAND GENERAL ELECTRIC CO CMN	$9,639	$9,639
PPG INDUSTRIES, INC. CMN	$11,216	$11,216
PPL CORPORATION CMN	$13,342	$13,342
PREFERRED BANK CMN	$29,731	$29,731
PRIMORIS SERVICES CORPORATION CMN	$22,757	$22,757
PROCTER & GAMBLE COMPANY (THE) CMN	$92,906	$92,906
PROLOGIS INC CMN	$334,050	$334,050
PROLOGIS INC CMN	$34,258	$34,258
PROPETRO HOLDING CORP. CMN	$18,101	$18,101
PROSUS NV SPONSORED ADR CMN	$102,862	$102,862
PUBLIC STORAGE CMN	$6,405	$6,405
PUBLIC-SVC ENTERPRISE GROUP HOLDING CO	$14,126	$14,126
QUALCOMM INC CMN	$59,009	$59,009
QUANTA SERVICES INC CMN	$9,283	$9,283
QUEST DIAGNOSTICS INCORPORATED CMN	$4,826	$4,826
QUIDELORTHO CORPORATION CMN	$8,328	$8,328
RAYMOND JAMES FINANCIAL, INC. CMN	$19,255	$19,255
REALTY INCOME CORPORATION CMN	$18,110	$18,110
REDWOOD TRUST INC CMN	$16,413	$16,413
REGENERON PHARMACEUTICAL INC CMN	$21,957	$21,957
REGIONS FINANCIAL CORPORATION CMN	$14,754	$14,754
REPUBLIC SERVICES INC CMN	$9,430	$9,430
RESMED INC. CMN	$4,645	$4,645
REVVITY INC CMN	$1,968	$1,968
ROCKWELL AUTOMATION INC CMN	$8,072	$8,072
ROLLINS INC. REGOFF SCTASK0796638	$1,354	$1,354
ROPER TECHNOLOGIES INC CMN	$19,081	$19,081
ROSS STORES,INC CMN	$12,040	$12,040
ROYALTY PHARMA PLC CMN	$4,270	$4,270
RTX CORP CMN	$73,538	$73,538
RYMAN HOSPITALITY PPTYS INC CMN	$50,355	$50,355
S&P GLOBAL INC. CMN	$49,338	$49,338
S&T BANCORP INC. CMN	$18,047	$18,047
SAFRAN SA SPONSORED ADR CMN	$216,970	$216,970
SAP SE (SPON ADR)	$159,073	$159,073
SBA COMMUNICATIONS CORPORATION CMN	$148,155	$148,155
SCHLUMBERGER LTD CMN	$23,740	$23,740
SCIENCE APPLICATIONS INTL CORP CMN	$66,884	$66,884
SELECT WATER SOLUTIONS INC CMN	$15,294	$15,294
SEMPRA ENERGY CMN	$22,146	$22,146
SENSATA TECHNOLOGIES HOLDING P CMN	$20,175	$20,175
SHELL PLC SPONSORED ADR CMN	$286,098	$286,098
SHERWIN-WILLIAMS CO CMN	$11,228	$11,228
SIMON PROPERTY GROUP INC CMN	$73,745	$73,745
SIMPLY GOOD FOODS COMPANY(THE) CMN	$16,632	$16,632
SLM CORPORATION CMN	$120,571	$120,571
SOLO BRANDS, INC. CMN	$16,127	$16,127
SOUTHSTATE CORP CMN	$29,473	$29,473
SOUTHWEST AIRLINES CO CMN	$12,641	$12,641
SPDR S&P 500 ETF TRUST	$13,284,264	$13,284,264
SPIRIT REALTY CAPITAL, INC. CMN	$22,890	$22,890
SS&C TECHNOLOGIES HOLDINGS, IN CMN	$7,761	$7,761
STAGWELL INC CMN	$19,141	$19,141
STATE STREET CORPORATION (NEW) CMN	$34,073	$34,073
STERIS PUBLIC LIMITED COMPANY CMN	$3,737	$3,737
STERLING CHECK CORP. CMN	$27,381	$27,381
STEVEN MADDEN LTD CMN	$66,696	$66,696
STONEX GROUP INC. CMN	$28,425	$28,425
STRIDE INC CMN	$13,121	$13,121
STRYKER CORPORATION CMN	$14,412	$14,412
SUN COMMUNITIES, INC CMN	$26,916	$26,916
SUN COMMUNITIES, INC CMN	$4,576	$4,576
SYSCO CORPORATION CMN	$6,289	$6,289
TAIWAN SEMICONDUCTOR MFG ADS LTD ADS 1ADS EQUALS 5ORDS	$141,173	$141,173
TAKE TWO INTERACTIVE SOFTWARE INC	$8,691	$8,691
TARGET CORPORATION CMN	$28,769	$28,769
TEGNA INC. CMN	$48,430	$48,430
TELEDYNE TECHNOLOGIES INCORPOR CMN	$7,141	$7,141
TEXAS INSTRUMENTS INC. CMN	$40,569	$40,569
THE BANK OF NY MELLON CORP CMN	$52,154	$52,154
THE HERSHEY COMPANY CMN	$11,000	$11,000
THE HOME DEPOT, INC. CMN	$4,852	$4,852
THE KRAFT HEINZ CO CMN	$29,547	$29,547
THE PROGRESSIVE CORPORATION CMN	$31,856	$31,856
THE SOUTHERN CO. CMN	$31,694	$31,694
THE TRAVELERS COMPANIES, INC CMN	$37,146	$37,146
THE WILLIAMS COMPANIES, INC. CMN	$14,280	$14,280
THERMO FISHER SCIENTIFIC INC CMN	$36,118	$36,118
THOR INDUSTRIES INC CMN	$20,659	$20,659
TIDEWATER INC. CMN	$21,272	$21,272
TJX COMPANIES INC (NEW) CMN	$23,922	$23,922
T-MOBILE US, INC. CMN	$45,534	$45,534
TOPGOLF CALLAWAY BRANDS CORP CMN	$24,177	$24,177
TRACTOR SUPPLY COMPANY CMN	$7,526	$7,526
TRADEWEB MARKETS INC CMN	$6,543	$6,543
TRANE TECHNOLOGIES PUBLIC LIMI CMN	$15,122	$15,122
TRUIST FINANCIAL CORPORATION CMN	$53,054	$53,054
TYLER TECHNOLOGIES, INC. CMN	$2,927	$2,927
TYSON FOODS INC CL-A CMN CLASS A	$15,265	$15,265
U S DOLLAR	$2,771	$2,771
U S DOLLAR	$3,407	$3,407
U S DOLLAR	$376	$376
U S SILICA HLDGS INC CMN	$11,683	$11,683
U.S. BANCORP CMN	$58,608	$58,608
UDR INC CMN	$65,935	$65,935
ULTA BEAUTY INC CMN	$11,270	$11,270
ULTRA CLEAN HOLDINGS, INC. CMN	$28,473	$28,473
UNION PACIFIC CORP. CMN	$45,194	$45,194
UNITED PARCEL SERVICE, INC. CLASS B COMMON STOCK	$46,068	$46,068
UNITEDHEALTH GROUP INCORPORATE CMN	$194,794	$194,794
UNITEDHEALTH GROUP INCORPORATE CMN	$114,244	$114,244
UNIVEST FINANCIAL CORP CMN	$15,113	$15,113
VALERO ENERGY CORPORATION CMN	$38,220	$38,220
VALMONT INDUSTRIES INC CMN	$17,324	$17,324
VECTOR GROUP LTD. CMN	$22,492	$22,492
VEEVA SYSTEMS INC CMN	$1,925	$1,925
VENTAS, INC. CMN	$82,274	$82,274
VENTAS, INC. CMN	$5,431	$5,431
VERALTO CORPORATION CMN	$2,800	$2,800
VERISK ANALYTICS, INC. CMN	$6,449	$6,449
VERIZON COMMUNICATIONS, INC. CMN	$130,442	$130,442
VERTEX PHARMACEUTICALS INCORPO CMN	$19,531	$19,531
VESTIS CORPORATION CMN	$15,792	$15,792
VIAD CORP CMN	$22,697	$22,697
VICI PROPERTIES INC. CMN	$132,797	$132,797
VICI PROPERTIES INC. CMN	$17,342	$17,342
VIPER ENERGY INC CMN	$58,304	$58,304
VISA INC. CMN CLASS A	$116,897	$116,897
VISA INC. CMN CLASS A	$74,460	$74,460
VIVID SEATS INC CMN	$18,480	$18,480
VOYA FINANCIAL INC CMN	$21,085	$21,085
VULCAN MATERIALS CO CMN	$8,399	$8,399
W.R. BERKLEY CORPORATION CMN	$9,759	$9,759
W.W. GRAINGER INC CMN	$9,116	$9,116
WABASH NATIONAL CORP. CMN	$26,337	$26,337
WALGREENS BOOTS ALLIANCE, INC. CMN	$20,131	$20,131
WALKER & DUNLOP, INC. CMN	$34,746	$34,746
WALMART INC CMN	$67,718	$67,718
WALT DISNEY COMPANY (THE) CMN	$79,085	$79,085
WASTE MANAGEMENT INC CMN	$15,940	$15,940
WATERS CORPORATION COMMON STOCK	$1,317	$1,317
WEATHERFORD INTERNATIONAL PUBL CMN	$45,491	$45,491
WEC ENERGY GROUP, INC. CMN	$11,868	$11,868
WELLS FARGO & CO (NEW) CMN	$313,236	$313,236
WELLS FARGO & CO (NEW) CMN	$186,741	$186,741
WELLTOWER, INC. CMN	$132,460	$132,460
WELLTOWER, INC. CMN	$10,640	$10,640
WEST PHARMACEUTICAL SERVICES INC	$1,408	$1,408
WESTERN ALLIANCE BANCORP CMN	$52,500	$52,500
WESTINGHOUSE AIR BRAKE TECHNOL CMN	$11,548	$11,548
WEYERHAEUSER COMPANY CMN	$7,684	$7,684
WHITE MOUNTAINS INSURANCE GROU CMN	$45,150	$45,150
WILLIS TOWERS WATSON PLC CMN	$13,784	$13,784
WINTRUST FINANCIAL CORP CMN	$60,195	$60,195
WK KELLOGG CO CMN	$263	$263
WOODWARD INC CMN	$99,375	$99,375
WORLD KINECT CORP CMN	$29,131	$29,131
XCEL ENERGY INC. CMN	$17,168	$17,168
XYLEM INC. CMN	$3,888	$3,888
ZIMMER BIOMET HOLDINGS INC	$7,926	$7,926
ZOETIS INC. CMN CLASS A	$8,688	$8,688

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$11,341,138	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$11,341,138	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (30 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
GS COMMODITY STRATEGY FUND CLASS P	FMV	$2,289,772	$2,289,772
GOLDMAN SACHS REAL ESTATE INCOME TRUST, INC. CLASS G SERIES 1	FMV	$1,163,689	$1,163,689
MN8 ENERGY LLC	FMV	$766,000	$766,000
GOLDMAN SACHS PRIVATE MIDDLE MARKET CREDIT II LLC	FMV	$597,363	$597,363
ARES DIRECT LENDING OPPORTUNITIES ACCESS PARALLEL LLC	FMV	$467,828	$467,828
WEST STREET STRATEGIC SOLUTIONS OFFSHORE FEEDER FUND I, LLC	FMV	$429,269	$429,269
US REAL PROPERTY INCOME FUND	FMV	$414,887	$414,887
SLR HEALTHCARE (BDC) ACCESS LP	FMV	$198,889	$198,889
BROAD STREET REAL ESTATE CREDIT PARTNERS III	FMV	$176,388	$176,388
CITIGROUP INC. HYBRID PERPETUAL USD SER X JRSUB LIEN CPN 02/18/21 3.875%	FMV	$120,119	$120,119
PRUDENTIAL FINANCIAL, INC. HYBRID 09/01/2052 USD JRSUB LIEN CPN 08/17/22 6.0	FMV	$76,140	$76,140
CITIGROUP INC. HYBRID PERPETUAL USD SER Z JRSUB LIEN CPN 03/07/23 7.375%	FMV	$65,379	$65,379
LINCOLN NATIONAL CORPORATION HYBRID PERPETUAL USD SER C SR LIEN CPN 11/22/22	FMV	$56,144	$56,144
STATE STREET CORPORATION HYBRID PERPETUAL USD SER F SUB LIEN CPN 03/15/24-06	FMV	$48,572	$48,572
CITIGROUP INC. HYBRID PERPETUAL USD SER AA JRSUB LIEN CPN 09/21/23 7.625%	FMV	$46,833	$46,833
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER S JRSUB LIEN CPN 02/01/24-04/3	FMV	$46,176	$46,176
WELLS FARGO & COMPANY HYBRID PERPETUAL USD JRSUB LIEN CPN 07/24/23 7.625%	FMV	$44,097	$44,097
JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER R JRSUB LIEN CPN 02/01/24-04/3	FMV	$41,970	$41,970
TRUIST FINANCIAL CORPORATION HYBRID PERPETUAL USD SER L JRSUB LIEN CPN 03/15	FMV	$36,976	$36,976
FIRST CITIZENS BANCSHARES INC HYBRID PERPETUAL USD SER B QP JRSUB LIEN CPN 0	FMV	$35,754	$35,754
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	FMV	$35,486	$35,486
ALLSTATE CORPORATION (THE) PFD USD1.8438(7.38%) SERIES J	FMV	$34,601	$34,601
PNC FINANCIAL SERVICES GROUP, HYBRID PERPETUAL USD SER W JRSUB LIEN CPN 02/0	FMV	$34,597	$34,597
APOLLO GLOBAL MANAGEMENT, INC. PFD USD1.9062(7.62%)	FMV	$29,365	$29,365
ENBRIDGE INC HYBRID 01/15/2084 USD SUB LIEN CPN 09/25/23 8.5%	FMV	$27,159	$27,159
VOYA FINANCIAL, INC. HYBRID PERPETUAL USD SER A SR LIEN CPN 09/12/18 7.758%	FMV	$26,470	$26,470
MORGAN STANLEY PFD USD1.7378(6.95%) SERIES F PERPETUAL PREFERRED CPN 12/10/1	FMV	$24,635	$24,635
WELLS FARGO & COMPANY PFD 6.6250 CLASS A SERIES R BEO -	FMV	$24,162	$24,162
MORGAN STANLEY PFD USD1.7813(7.13%) SERIES E HYBRID FIX TO FLOAT PERPETUAL	FMV	$11,546	$11,546
PRUDENTIAL FINANCIAL, INC. HYBRID 05/15/2045 USD SUB LIEN CPN 05/18/15 5.375	FMV	$5,955	$5,955

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (9 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
LAND	$14,586,850	$0	$14,586,850	$14,586,850
FURNITURE & EQUIPMENT	$12,246,530	$10,511,192	$1,735,338	$1,735,338
LEASEHOLD IMPROVEMENT	$149,458	$149,458	$0
SOFTWARE	$687,916	$664,512	$23,404	$23,404
VEHICLES	$136,524	$75,103	$61,421	$61,421
BUILDING	$103,342,390	$60,908,339	$42,434,051	$42,434,051
LAND IMPROVEMENTS	$886,142	$270,577	$615,565	$615,565
CONSTRUCTION IN PROGRESS	$3,429,965	$0	$3,429,965	$3,429,965
ASSETS NOT YET IN SERVICE	$1,473,601	$0	$1,473,601	$1,473,601

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$19,561	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$19,561	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (4 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
SECURITY DEPOSIT	$4,400	$4,400	$4,400
OTHER ASSETS	$386,478	$386,478	$386,478
CHARITABLE REMAINDER TRUST	$393,142	$412,546	$412,546
PREPAID ARTIST FEES	$87,300	$58,875	$58,875

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
POSTAGE & SHIPPING	$180,306	$0	$0	$180,306
ADVERTISING & MARKETING	$496,647	$0	$0	$496,647
CONCERT	$2,394,197	$0	$0	$2,394,197
MISCELLANEOUS	$1,067,437	$0	$0	$643,755
MUSICAL INSTRUMENT PURCHASES	$1,883,564	$0	$0	$1,883,564
SOFTWARE	$248,691	$0	$0	$248,691
INSURANCE	$168,372	$0	$0	$169,086
OTHER DEDUCTIONS FROM PASSTHROUGH	$0	$47,695	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (7 entries)

DescDesc	Net Investment IncomeNetInvestmentIncomeAmt	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
OTHER INCOME FROM PASSTHROUGH	$655,991
MUSEUM ADMISSION		$3,413,633	$3,413,633
MUSIC THEATER		$3,847,534	$3,847,534
OTHER PROGRAM REVENUE		$27,855	$27,855
MUSEUM MEMBERSHIPS		$384,660	$384,660
RENT	$0	$229,909	$229,909
CHANGE IN VALUE OF CRT		$19,404	$19,404

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAIN ON INVESTMENTS	Desc
Amt	$7,581,905	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
CUSTOMER & EVENT DEPOSITS	$1,879	$1,338
CUSTOMER STORE CREDIT	$870	$932
ARTIST MERCHANDISE	$0	$1,568

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OTHER PROFESSIONAL SERVICE	$202,243	$0	$0	$173,818
INVESTMENT FEES	$354,080	$354,080	$0	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PAYROLL TAXES	$395,895	$0	$0	$395,895
FOREIGN TAXES FROM PASSTHROUGH	$0	$1,081	$0	$0