2025-07-14T13:22:22-05:00 2024-12-31 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-01-01 570952531 STATE POLICY NETWORK STAT 7032431655 1500 WILSON BLVD SUITE 600 ARLINGTON VA 22209 TRACIE J SHARP PRESIDENT/CEO 7032431655 2025-07-07 1 1 FRANK SMITH P00639053 2022274000 2025-07-07 2024 2025-03-06 01:10:19Z TRACIE J SHARP 1500 WILSON BLVD SUITE 600 ARLINGTON VA 22209 33889522 0 X WWW.SPN.ORG X 1992 SC CATALYZE THRIVING, DURABLE FREEDOM MOVEMENTS IN EVERY STATE, ANCHORED WITH HIGH-PERFORMING INDEPENDENT THINK TANKS. 11 10 68 9 0 0 25857037 23754997 511651 551337 743194 809282 0 133243 27111882 25248859 7050672 3178364 0 0 7795929 9169317 134740 173012 4066090 10817245 9945110 25798586 22465803 1313296 2783056 20708122 24576851 656266 1781419 20051856 22795432 X STATE POLICY NETWORK'S (SPN) MISSION IS TO CATALYZE THRIVING, DURABLE FREEDOM MOVEMENTS IN EVERY STATE, ANCHORED WITH HIGH-PERFORMING, INDEPENDENT THINK TANKS. 0 0 8706103 2802364 STATE POLICY ANALYSIS AND EDUCATION - IDENTIFY EMERGING AND INNOVATIVE SOLUTIONS TO STATE PROBLEMS; WORK ALONGSIDE THINK TANKS TO BUILD MOMENTUM FOR WIDE-SPREAD EDUCATION ABOUT THOSE SOLUTIONS, AND DEVELOP REFORM LEADERS. THE GOAL OF THIS PROJECT IS TO CREATE A ROBUST MOVEMENT OF LEADERS ADVANCING FREE MARKET IDEAS IN THE STATES. 2594414 196000 TRAINING PROGRAMS - SPN'S LEADERSHIP DEVELOPMENT INITIATIVE IDENTIFIES AND DEVELOPS LEADERS, HELPING STRENGTHEN THE NETWORK OF SPN AFFILIATES, AND INSPIRING AND TRAINING AFFILIATES TO EDUCATE CITIZENS. SPN OFFERS OVER 40 SERVICES TO THINK TANKS, LIKE ONE-ON-ONE EVALUATION AND ADVISING, KNOWLEDGE AND SKILLS TRAINING, LEADERSHIP MENTORING, AND PEER NETWORKING SUMMITS. 3018250 551337 ANNUAL MEETING - IN 2024, SPN'S ANNUAL MEETING ATTRACTED MORE THAN 1,500 PARTICIPANTS, REPRESENTING THINK TANKS FROM NEARLY ALL FIFTY STATES, AS WELL AS NATIONAL RESEARCH ORGANIZATIONS AND CHARITABLE FOUNDATIONS. THE ANNUAL MEETING FEATURES MULTIPLE EDUCATIONAL SESSIONS FOCUSED ON BUILDING SKILLS IN LEADERSHIP DEVELOPMENT, OUTREACH, COMMUNICATION, OPERATIONS, AND POLICY, ALONG WITH PLENARY SESSIONS FOCUSED ON CRITICAL TOPICS LIKE ORGANIZATIONAL CULTURE AND INNOVATION. 1009337 180000 CENTER FOR PRACTICAL FEDERALISM - SPN'S CENTER FOR PRACTICAL FEDERALISM EDUCATES THE AMERICAN PUBLIC, THINK TANKS, AND POLICYMAKERS ON THE BENEFITS OF FEDERALISM. THE CENTER FOR PRACTICAL FEDERALISM'S INITIATIVES, RESEARCH, AND TRAININGS FOCUS ON POLICY SOLUTIONS STATE AND LOCAL LEADERS CAN CONSIDER IMPLEMENTING TO BETTER SERVE THEIR STATES AND COMMUNITIES. 1009337 180000 15328104 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 99 0 1 68 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WV WI DC X EMILY MCCALLISTER 7032431655 1500 WILSON BLVD SUITE 600 ARLINGTON VA 22209 TRACIE J SHARP PRESIDENT AND CEO 40.00 X X 470614 0 13263 CARL O HELSTROM III CHAIRMAN 1.00 X X 0 0 0 STANFORD D SWIM SECRETARY 1.00 X X 0 0 0 THOMAS L WILLCOX TREASURER 1.00 X X 0 0 0 LAWSON BADER DIRECTOR 1.00 X 0 0 0 GEORGE COATES DIRECTOR 1.00 X 0 0 0 JOHN HOOD DIRECTOR 1.00 X 0 0 0 ADAM MEYERSON DIRECTOR 1.00 X 0 0 0 CARRIE TYNAN DIRECTOR 1.00 X 0 0 0 BRIDGETT G WAGNER DIRECTOR 1.00 X 0 0 0 NICOLE HOPLIN DIRECTOR 1.00 X 0 0 0 TONY WOODLIEF SR EXECUTIVE VP 40.00 X 295421 0 11817 EMILY MCCALLISTER EXECUTIVE VP 40.00 X 255383 0 10215 REBECCA PAINTER SENIOR VICE PRESIDENT 40.00 X 300388 0 12015 CARRIE CONKO SENIOR VP 40.00 X 196181 0 19981 KYLE HARTZ VP OF OPERATION 40.00 X 244098 0 26115 CRYSTAL BAKER SR DIR. OF STRATEGIC PARTNERSHIPS 40.00 X 215321 0 24855 JENNIFER THOMPSON SR DIR. OF LAUNCHPAD 40.00 X 200321 0 32061 JULIE BURDEN SR DIR. OF SPECIAL PROJECTS 40.00 X 197310 0 7892 CHRISTINA PAJAK - SENIOR DIRECTOR OF STRATEGIC PARTNERSHIPS 40.00 X 190299 0 13776 2565336 0 171990 36 0 1 0 JW MARRIOTT DESERT RIDGE PO BOX 402642 PHOENIX AZ 85054 HOTEL & EVENT SPACE FOR ANNUAL MEETING 1641012 SCHOOL FORWARD LLC 135 EASTERN PARKWAY PARK CITY UT 84098 EDUCATION CONSULTING 239641 PFITZENMAIER CONSULTING LLC 300 SOUTH RIVERSIDE PLAZA PLYMOUTH MI 48170 LEADERSHIP CONSULTING 186099 MORGAN MEREDITH & ASSOCIATES 12355 SUNRISE VALLEY DRIVE DULLES VA 20166 SET-UP, PRINT, POSTAGE-DIRECT MAIL CAMPA 183569 THE RICHARD NORMAN COMPANY 4561 SW 34TH ST LEESBURG VA 20176 SIGNAGE, GRAPHICS, BRANDING 173012 12 31000 23723997 40721 23754997 ANNUAL CONFERENCE 900099 551337 551337 551337 755646 755646 8694299 8640663 53636 53636 53636 MISCELLANEOUS 900099 133243 133243 133243 25248859 551337 0 942525 X 3162637 3162637 15727 15727 1585278 762237 369049 453992 6254925 2695722 1683545 1875658 229699 152941 55677 21081 571899 363619 96574 111706 527516 305971 124469 97076 23266 1970 21296 46784 26679 9545 10560 155000 155000 173012 173012 27717 27717 3299365 3006051 3999 289315 235384 229500 5884 529990 145257 16056 368677 62316 38718 13871 9727 558552 71288 451724 35540 1752048 1554703 13673 183672 2388781 2141321 38709 208751 75914 37272 17999 20643 91347 91347 86111 72865 6170 7076 DUES - SUBSCRIPTIONS - 612535 388626 30189 193720 22465803 15328104 3071609 4066090 3058361 4301803 13318 522641 1096270 2626270 165144 246559 419216 405281 213456 189269 47746 24187 15840279 15131917 67788 1318193 20708122 24576851 586891 300257 69375 1481162 656266 1781419 X 15518762 17342355 4533094 5453077 20051856 22795432 20708122 24576851 2783056 -39480 0 X 0 1 X 1 0 X 14696060 24340115 20358409 25857037 23754997 109006618 14696060 24340115 20358409 25857037 23754997 109006618 16144375 92862243 47045 66829 239769 739180 755646 1848469 133243 133243 110988330 1875839 0.83670 0.81790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2024 AMOUNT: $ 133,243. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2437 155000 157437 22135354 22292791 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 113078 144767 113078 157437 528360 250000 250000 250000 250000 1000000 1500000 3678 767 3678 2437 10560 118613 118613 0 94843 70656 24187 24187 OPERATING RIGHT-OF-USE ASSET 1318193 1318193 OPERATING LEASE LIABILITY 1481162 1481162 X 25209379 -39480 -39480 25248859 0 25248859 22465803 0 22465803 0 22465803 PART X, LINE 2: SPN EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. X X X X 1 THE RICHARD NORMAN COMPANY 113 E MARKET STREET 300 LEESBURG VA 20176 ADVISE ON MARKETING AND FUNDRAISING MATERIALS 0 429455 173012 256443 429455 173012 256443 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NC ND NH NJ NM NV OH OK OR PA RI SC TN UT VA WA WI WV 1 ALABAMA POLICY INSTITUTE 2213 MORRIS AVE FL 1 BIRMINGHAM AL 352034214 630809568 501(C)(3) 75000 0 GENERAL OPERATING BEACON CENTER OF TENNESSEE 1200 CLINTON STREET 205 NASHVILLE TN 37203 201808567 501(C)(3) 75000 0 GENERAL OPERATING BOUNDARY LINE FOUNDATION 53 WEST JACKSON BLVD CHICAGO IL 60604 872487293 501(C)(3) 30000 0 GENERAL OPERATING CARDINAL INSTITUTE FOR WEST VIRGINIA POLICY PO BOX 11495 CHARLESTON WV 25301 471932521 501(C)(3) 90000 0 GENERAL OPERATING CENTER FOR AMERICAN RIGHTS 747 NORTH LA SALLE ST CHICAGO IL 60601 920245439 501(C)(3) 15000 0 GENERAL OPERATING CENTER OF THE AMERICAN EXPERIMENT 8421 WAYZATA BLVD SUITE 110 GOLDEN VALLEY MN 55426 363611426 501(C)(3) 25000 0 GENERAL OPERATING COMMONWEALTH FOUNDATION 225 STATE STREET SUITE 302 HARRISBURG PA 17101 232473845 501(C)(3) 105000 0 GENERAL OPERATING EMPIRE CENTER FOR PUBLIC POLICY INC 30 SOUTH PEARL STREET ALBANY NY 12207 461987418 501(C)(3) 75000 0 GENERAL OPERATING EMPOWER MISSISSIPPI FOUNDATION 1000 NORTHPARK DR RIDGELAND MS 391575162 464565274 501(C)(3) 100000 0 GENERAL OPERATING FREEDOM FOUNDATION 2403 PACIFIC AVE SOUTHWEST OLYMPIA WA 98501 943136961 501(C)(3) 50000 0 GENERAL OPERATING FRONTIER INSTITUTE 615 LEGEND LOOP HELENA MT 59602 850998465 501(C)(3) 40000 0 GENERAL OPERATING GARDEN STATE INITIATIVE 31 MELROSE ROAD MOUNTAIN LAKES NJ 07046 814373354 501(C)(3) 60500 0 GENERAL OPERATING GEORGIA CENTER FOR OPPORTUNITY 338 RESEARCH COURT SUITE 210 NORCROSS GA 300922867 581928520 501(C)(3) 122000 0 GENERAL OPERATING GEORGIA PUBLIC POLICY FOUNDATION 3200 COBB GALLERIA PARKWAY SUITE 214 ATLANTA GA 30339 581943161 501(C)(3) 143500 0 GENERAL OPERATING IDAHO FREEDOM FOUNDATION (B) 802 WEST BANNOCK ST BOISE ID 83702 263783048 501(C)(3) 20000 0 GENERAL OPERATING ILLINOIS POLICY INSTITUTE 300 SOUTH RIVERSIDE PLAZA CHICAGO IL 60661 412057028 501(C)(3) 40000 0 GENERAL OPERATING INDEPENDENCE INSTITUTE 727 E 16TH AVE DENVER CO 80203 840990300 501(C)(3) 75000 0 GENERAL OPERATING INSTITUTE FOR REFORMING GOVERNMENT 1150 CONNECTICUT AVE NW STE 801 WASHINGTON DC 20036 824034864 501(C)(3) 112000 0 GENERAL OPERATING IOWANS FOR TAX RELIEF FOUNDATION 2610 PARK AVE MUSCATINE IA 52761 421184154 501(C)(3) 70000 0 GENERAL OPERATING LIBERTAS INSTITUTE 2183 W MAIN ST SUITE A102 LEHI UT 84043 455254794 501(C)(3) 155000 0 GENERAL OPERATING MACKINAC CENTER FOR PUBLIC POLICY 40 W MAIN ST MIDLAND MI 48640 382701547 501(C)(3) 55000 0 GENERAL OPERATING MISSISSIPPI CENTER FOR PUBLIC POLICY 520 GEORGE STREET JACKSON MS 39202 640797905 501(C)(3) 30000 0 GENERAL OPERATING NEVADA POLICY RESEARCH CENTER 7130 PLACID ST LAS VEGAS NV 89119 880276314 501(C)(3) 62650 0 GENERAL OPERATING OKLAHOMA COUNCIL OF PUBLIC AFFAIRS 1401 N LINCOLN BLVD OKLAHOMA CITY OK 73104 731436375 501(C)(3) 142862 0 GENERAL OPERATING OPPORTUNITY ARKANSAS 700 9TH STREET STE 1K LITTLE ROCK AR 72202 883938322 501(C)(3) 166625 0 GENERAL OPERATING PALMETTO PROMISE INSTITUTE 1711 PENDLETON STREET COLUMBIA SC 29201 263077338 501(C)(3) 105500 0 GENERAL OPERATING PELICAN INSTITUTE FOR PUBLIC POLICY 400 POYDRAS STREET NEW ORLEANS LA 70130 261704791 501(C)(3) 93000 0 GENERAL OPERATING PIONEER INSTITUTE FOR PUBLIC POLICY RESEARCH 185 DEVONSHIRE STREET SUITE 1101 BOSTON MA 02110 222632081 501(C)(3) 95000 0 GENERAL OPERATING PLATTE INSTITUTE FOR ECONOMIC RESEARCH 6910 PACIFIC STREET SUITE 216 OMAHA NE 68106 814193623 501(C)(3) 30000 0 GENERAL OPERATING SOUTH CAROLINA POLICY COUNCIL 1323 PENDLETON STREET COLUMBIA SC 29201 570835744 501(C)(3) 160000 0 GENERAL OPERATING SUTHERLAND INSTITUTE 420 EAST SOUTH TEMPLE ST SUITE 510 SALT LAKE CITY UT 84111 870531727 501(C)(3) 30000 0 GENERAL OPERATING TEXAS PUBLIC POLICY FOUNDATION 901 CONGRESS AVENUE AUSTIN TX 78701 742524057 501(C)(3) 25000 0 GENERAL OPERATING THE BUCKEYE INSTITUTE 88 EAST BROAD STREET 1300 COLUMBUS OH 43215 311278593 501(C)(3) 50000 0 GENERAL OPERATING THE JAMES MADISON INSTITUTE 100 N DUVAL ST TALLAHASSEE FL 32301 592811908 501(C)(3) 50000 0 GENERAL OPERATING THOMAS JEFFERSON INSTITUTE 7011 DREAMS WAY COURT ALEXANDRIA VA 22315 510280185 501(C)(3) 30000 0 GENERAL OPERATING VIRGINIA INSTITUTE FOR PUBLIC POLICY 101 LEE AVENUE LEXINGTON VA 24450 541870848 501(C)(3) 65000 0 GENERAL OPERATING WISCONSIN INSTITUTE FOR LAW & LIBERTY 334 EAST KILBOURN AVE SUITE 725 MILWAUKEE WI 53206 451606079 501(C)(3) 30000 0 GENERAL OPERATING YANKEE INSTITUTE 216 MAIN STREET HARTFORD CT 06106 521358144 501(C)(3) 124000 0 GENERAL OPERATING UNCOMMON CONSTRUCTION 6601 FRANKLIN AVE NEW ORLEANS LA 70119 473623284 501(C)(3) 50000 0 GENERAL OPERATING LOVE YOUR SCHOOL 216 NORTH 18TH AVENUE SCOTTSDALE AZ 85007 845012487 501(C)(3) 50000 0 GENERAL OPERATING EIGHT MILLION STORIES 6100 HILLCROFT STREET HOUSTON TX 77081 463716567 501(C)(3) 50000 0 GENERAL OPERATING DOXA DEVELOPMENT 7135 LEBANON TRAIL DAVISON MI 48423 883081649 501(C)(3) 50000 0 GENERAL OPERATING GLOBAL ORPHAN PROJECT 3161 WYANDOTTE STREET KANSAS CITY MO 64111 816079539 501(C)(3) 50000 0 GENERAL OPERATING BALLOTPEDIA 8383 GREENWAY BLVD SUITE 600 MIDDLETON WI 53562 208036372 501(C)(3) 10000 0 GENERAL OPERATING TALENT MARKET 1633 CONNECTICUT AVE NW SUITE 300 WASHINGTON DC 20009 562166327 501(C)(3) 30000 0 GENERAL OPERATING KANSAS POLICY INSTITUTE 12980 METCALF SUITE 130 OVERLAND PARK KS 66213 237047821 501(C)(3) 50000 0 GENERAL OPERATING 46 0 TRAVEL SCHOLARSHIPS 28 15727 PART I, LINE 2: ALL GRANTS WERE GIVEN BASED ON PROPOSALS SUBMITTED AND REVIEWED TO ENSURE EFFECTIVENESS AND COMPLIANCE WITH OUR MISSION AND 501(C)(3) STATUS. EACH GRANT REQUIRES A REPORT AT THE COMPLETION OF THE PROJECT, ALL OF WHICH WERE COLLECTED FOR PROJECTS COMPLETED IN 2024. X X X X 0 0 0 0 0 0 0 1 0 TRACIE J SHARP PRESIDENT AND CEO 390614 0 80000 0 0 0 12200 0 1063 0 483877 0 0 0 REBECCA PAINTER SENIOR VICE PRESIDENT 220388 0 80000 0 0 0 12015 0 0 0 312403 0 0 0 TONY WOODLIEF SR EXECUTIVE VP 260421 0 35000 0 0 0 11817 0 0 0 307238 0 0 0 KYLE HARTZ VP OF OPERATION 197223 0 46875 0 0 0 9764 0 16351 0 270213 0 0 0 EMILY MCCALLISTER EXECUTIVE VP 215383 0 40000 0 0 0 10215 0 0 0 265598 0 0 0 CRYSTAL BAKER SR DIR. OF STRATEGIC PARTNERSHIPS 180321 0 35000 0 0 0 8613 0 16242 0 240176 0 0 0 JENNIFER THOMPSON SR DIR. OF LAUNCHPAD 180321 0 20000 0 0 0 8013 0 24048 0 232382 0 0 0 CARRIE CONKO SENIOR VP 196181 0 0 0 0 0 7847 0 12134 0 216162 0 0 0 JULIE BURDEN SR DIR. OF SPECIAL PROJECTS 167310 0 30000 0 0 0 7892 0 0 0 205202 0 0 0 CHRISTINA PAJAK - SENIOR DIRECTOR OF STRATEGIC PARTNERSHIPS 155299 0 35000 0 0 0 7612 0 6164 0 204075 0 0 0 PART I, LINE 7 ALL BONUSES WERE NON-FIXED DISCRETIONARY, ACCRUED AND PAID ON 12/30/24. X 3 40721 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FEDERAL FORM 990 IS FIRST REVIEWED BY THE EXECUTIVE VICE PRESIDENT. THE DRAFT FORM 990 IS THEN REVIEWED AND APPROVED BY THE PRESIDENT. UPON THE PRESIDENT'S APPROVAL, IT IS FORWARDED TO THE BOARD AUDIT AND FINANCE COMMITTEE, OR AN APPROVED REPRESENTATIVE OF THE AUDIT AND FINANCE COMMITTEE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AND MONITORED ANNUALLY AND ALL SPN STAFF AND SPN BOARD DIRECTORS MUST SIGN THIS POLICY ON AN ANNUAL BASIS. COMPLIANCE WITH THIS POLICY IS MANDATORY AS PER SPN'S EMPLOYEE HANDBOOK. IF AT ANY TIME AN EMPLOYEE BELIEVES, OR HAS A REASON TO BELIEVE, THAT THERE IS A CONFLICT OF INTEREST TRANSACTION PRESENT, THEN HE/SHE HAS TO INFORM THE EXECUTIVE VICE PRESIDENT OF THE EXISTENCE OF SUCH CONFLICT OR POTENTIAL CONFLICT. THE REPORTING EMPLOYEE MAY PARTICIPATE IN ANY DELIBERATIONS RELATED TO THE TRANSACTION ONLY IF THE EMPLOYEE DISCLOSES ALL MATERIAL FACTS. NO INDIVIDUAL SHALL BE REQUIRED TO RESIGN HIS OR HER POSITION BASED ON THE EXISTENCE OF A CONFLICT OF INTEREST. HOWEVER, IF THE BOARD OF DIRECTORS DETERMINE THAT SUCH A CONFLICT WOULD MAKE IT IMPOSSIBLE FOR THE EMPLOYEE TO PERFORM HIS OR HER DUTY WITH THE REQUISITE LEVEL OF LOYALTY AND INTEGRITY, THEN THE BOARD OF DIRECTORS MAY REQUIRE RESIGNATION. FORM 990, PART VI, SECTION B, LINE 15 STAFF COMPENSATION RECOMMENDATIONS ARE SUBMITTED TO THE BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGETING PROCESS. THE BOARD PERSONNEL COMMITTEE MAKES RECOMMENDATIONS FOR PRESIDENT AND ADVISES ON OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION AFTER AN EVALUATION THAT INCLUDES A REVIEW OF INDUSTRY STANDARDS AND PEER COMPENSATION PACKAGES. THIS EVALUATION IS COMPLETED PERIODICALLY WITH THE LAST ONE BEING COMPLETED OCTOBER 5, 2023. THE COMMITTEE SUBMITS ITS RECOMMENDATIONS FOR THE PRESIDENT'S AND OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION TO THE FULL BOARD OF DIRECTORS FOR DISCUSSION AND FINAL APPROVAL BEFORE BEING INCORPORATED INTO THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 3,006,051. MANAGEMENT AND GENERAL EXPENSES 3,999. FUNDRAISING EXPENSES 289,315. TOTAL EXPENSES 3,299,365.