MILWAUKEE INSTITUTE OF ART AND DESIGN INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MILWAUKEE INSTITUTE OF ART AND DESIGN INC (EIN 39-1201561)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2023-10-16
- IRS object ID
- 202302899349302150
- Schema version
- 2022v5.0
- 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
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-10-16T13:08:49-05:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 790 N WATER STREET SUITE 2000 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 391201561 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILWAUKEE INSTITUTE OF ART & DESIGN INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MILW | BusinessNameControlTxt |
| Phone | 4148473231 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 273 EAST ERIE STREET | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFREY MORIN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4148473231 | PhoneNum |
| Signature | 2023-10-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JEFFREY | PersonFirstNm |
| Person Last | MORIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TROY MARINE CPA | PreparerPersonNm |
| PTIN | P00187863 | PTIN |
| Phone | 4147775500 | PhoneNum |
| Preparation | 2023-10-16 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFFREY MORIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 273 EAST ERIE STREET | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $40,016,895 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MIAD.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1974 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | THE MILWAUKEE INSTITUTE OF ART AND DESIGN'S MISSION IS TO IGNITE CURIOUS MINDS THROUGH ART, DESIGN AND SERVICE. WE VALUE COURAGE TO SEEK OUR OWN PATH, INTEGRITY TO PURSUE OUR LIVES AND WORK WITH MEANING, KINDNESS TO THOUGHTFULLY ENGAGE WITH OTHERS, COMMUNITY TO POSITIVELY CONTRIBUTE TO THE WORLD AROUND US, INNOVATION TO MEET UNIVERSAL CHALLENGES IN NEW WAYS, AND INCLUSION TO FIND STRENGTH IN DIVERSITY. OUR VISION IS TO BE A GALVANIZED EDUCATIONAL AND CREATIVE COMMUNITY, ADDRESSING UNIVERAL NEEDS THROUGH OUR THOUGHT, DESIGN AND EXPRESSION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 557 | TotalEmployeeCnt |
| Total Volunteers | 26 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,232,104 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,058,578 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $35,885,590 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $37,365,895 | CYProgramServiceRevenueAmt |
| PY Investment Income | $170,231 | PYInvestmentIncomeAmt |
| CY Investment Income | $154,114 | CYInvestmentIncomeAmt |
| PY Other Revenue | $45,428 | PYOtherRevenueAmt |
| CY Other Revenue | -$65,963 | CYOtherRevenueAmt |
| PY Total Revenue | $42,333,353 | PYTotalRevenueAmt |
| CY Total Revenue | $39,512,624 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $19,803,792 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $19,023,277 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,728,521 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,371,047 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $40,300 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $579,864 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,655,576 | PYOtherExpensesAmt |
| CY Other Expenses | $7,240,247 | CYOtherExpensesAmt |
| PY Total Expenses | $39,228,189 | PYTotalExpensesAmt |
| CY Total Expenses | $39,634,571 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,105,164 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$121,947 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $27,917,955 | TotalAssetsBOYAmt |
| Total Assets EOY | $27,426,794 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,533,126 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,139,459 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $19,384,829 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $19,287,335 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MILWAUKEE INSTITUTE OF ART AND DESIGN'S MISSION IS TO IGNITE CURIOUS MINDS THROUGH ART, DESIGN AND SERVICE. WE VALUE COURAGE TO SEEK OUR OWN PATH, INTEGRITY TO PURSUE OUR LIVES AND WORK WITH MEANING, KINDNESS TO THOUGHTFULLY ENGAGE WITH OTHERS, COMMUNITY TO POSITIVELY CONTRIBUTE TO THE WORLD AROUND US, INNOVATION TO MEET UNIVERSAL CHALLENGES IN NEW WAYS, AND INCLUSION TO FIND STRENGTH IN DIVERSITY. OUR VISION IS TO BE A GALVANIZED EDUCATIONAL AND CREATIVE COMMUNITY, ADDRESSING UNIVERAL NEEDS THROUGH OUR THOUGHT, DESIGN AND EXPRESSION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $34,072,360 | ExpenseAmt |
| Grant | $19,023,277 | GrantAmt |
| Revenue | $37,365,895 | RevenueAmt |
| Desc | AS WISCONSIN'S ONLY FOUR-YEAR, NONPROFIT COLLEGE OF ART AND DESIGN, THE MILWAUKEE INSTITUTE OF ART & DESIGN (MIAD) WAS FOUNDED IN 1974 AND OFFERS A BACHELOR OF FINE ARTS DEGREE ACCREDITED BY THE HIGHER LEARNING COMMISSION AND THE NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN. THE COLLEGE ENROLLS APPROXIMATELY 900 STUDENTS IN FIVE MAJORS: COMMUNICATION DESIGN, ILLUSTRATION (GENERAL AND ANIMATION TRACK), INTERIOR ARCHITECTURE AND DESIGN, NEW STUDIO PRACTICE: FINE ARTS AND PRODUCT DESIGN. MIAD ENGAGES ALL STUDENTS IN A SERVICE-LEARNING PROGRAM WITH 200+ NONPROFIT PARTNERS AND THE COLLEGE CONNECTS STUDENTS TO INDUSTRY LEADERS AND HANDS-ON OPPORTUNITIES IN THEIR FIELD THROUGH THE MIAD INNOVATION CENTER AND SPONSORED CURRICULUM PROJECTS. MIAD SUPPORTS OUR DIVERSE STUDENT BODY WITH THE RESOURCES THEY NEED TO THRIVE. MIAD'S DESIGN AND ILLUSTRATION MAJORS RANK AMONG THE TOP PROGRAMS NATIONALLY AND REGIONALLY. THE ANIMATION CAREER REVIEW NAMED MIAD THE #1 GRAPHIC DESIGN SCHOOL IN WISCONSIN IN 2023 AND MIAD'S ILLUSTRATION MAJOR IN THE TOP TEN IN THE MIDWEST. MIAD'S ANIMATION TRACK MAJOR WAS ALSO NAMED THE TOP PROGRAM IN WISCONSIN IN 2023. MIAD LAUNCHED AN ANIMATION TRACK IN PARTNERSHIP WITH ITS ILLUSTRATION MAJOR TO FURTHER THE REACH OF GRADUATES IN THE INDUSTRY.IN ADDITION TO BACHELOR'S DEGREE PROGRAMS, MIAD BRINGS ROBUST CAREER PATHWAYS AND COLLEGE-READINESS EXPERIENCES AND INTERNSHIPS TO HIGH SCHOOL YOUTH AND OFFERS CULTURAL EXPERIENCES AND PROGRAMMING TO THE GREATER MILWAUKEE COMMUNITY. | Desc |
| Total Program Service Expenses | $34,072,360 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 32 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 557 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEIDRE ERWIN VP FOR FINANCIAL AFFAIRS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4148473231 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 273 EAST ERIE STREET | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| SARAH ZIMMERMAN | |||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DEANNA TILLISCH | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JASON ALLEN | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| AMANDA SINGH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW WILLIAMS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CASEY DOUGHERTY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CRAIG KOPROWSKI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID COBB | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID NELSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DENISHA TATE-MCALISTER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GEOFFREY MACKEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JANE KIM STEPHENS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KIMBERLIE WEEKLY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LAURA PECK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LEESA GILLIAM | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MADELEINE KELLY LUBAR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NEZIH HASANOGLU | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REBECCA BALISTRERI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT DUMVILLE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT MIKULAY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RYAN RAMOS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE MORALES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TINA QUEALY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM ANDERSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| XAVIER RUFFIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| YVONNE BRODSKY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY MORIN | |||||||
| PRESIDENT | 40.00 | Yes (X) | $242,443 | $0 | $35,855 | ||
| BRENDA JONES | |||||||
| VP FINANCE (THROUGH 07/2022) | 40.00 | Yes (X) | $92,823 | $0 | $17,495 | ||
| DEIDRE ERWIN | |||||||
| VP FINANCE (AS OF 11/2022) | 40.00 | Yes (X) | $13,750 | $0 | $2,432 | ||
| STEVEN HANSEN | |||||||
| VP ACADEMIC AFFAIRS | 40.00 | $156,871 | $0 | $9,410 | Yes (X) | ||
| MARK FETHERSTON | |||||||
| VP ENROLLMENT MANAGEMENT | 40.00 | $142,525 | $0 | $23,542 | Yes (X) | ||
| TRACY MILKOWSKI | |||||||
| VP DEVELOPMENT AND COMMUNICATIONS | 40.00 | $134,384 | $0 | $29,692 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $782,796 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $118,426 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DILLETT MECHANICAL SERVICE | |||||
| 21625 DORAL ROAD | WAUKESHA | WI | 53186 | HVAC MECHANICAL CONTRACTOR | $865,593 |
| GREENFIRE MANAGEMENT SERVICES LLC | |||||
| 3215 W STATE STREET SUITE 200 | MILWAUKEE | WI | 53208 | GENERAL CONTRACTOR- CONSTRUCTION | $742,304 |
| ALLIED UNIVERSAL | |||||
| PO BOX 828854 | PHILADELPHIA | PA | 191828854 | SECURITY PERSONNEL | $318,518 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $433,214 | FundraisingAmt |
| All Other Contributions | $1,625,364 | AllOtherContributionsAmt |
| Noncash Contributions | $60,238 | NoncashContributionsAmt |
| Total Contributions | $2,058,578 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $37,267,149 | $37,267,149 |
| AUXILIARY SERVICES | 900099 | $98,746 | $98,746 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $37,365,895 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $141,232 | TotalRevenueColumnAmt |
| Exclusion | $141,232 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $287,514 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $274,632 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,882 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,882 | TotalRevenueColumnAmt |
| Exclusion | $12,882 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $48,750 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $433,214 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $184,221 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$135,471 | TotalRevenueColumnAmt |
| Exclusion | -$135,471 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $18,928 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $45,418 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$26,490 | TotalRevenueColumnAmt |
| Exclusion | -$26,490 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $95,998 | TotalRevenueColumnAmt |
| Exclusion | $95,998 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $95,998 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,512,624 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $37,365,895 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $88,151 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,023,277 | TotalAmt |
| Program Services | $19,023,277 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $952,436 | TotalAmt |
| Program Services | $332,348 | ProgramServicesAmt |
| Management And General | $434,748 | ManagementAndGeneralAmt |
| Fundraising | $185,340 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,133,269 | TotalAmt |
| Program Services | $7,987,986 | ProgramServicesAmt |
| Management And General | $1,864,663 | ManagementAndGeneralAmt |
| Fundraising | $280,620 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,481 | TotalAmt |
| Program Services | $269,300 | ProgramServicesAmt |
| Management And General | $70,556 | ManagementAndGeneralAmt |
| Fundraising | $10,625 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,158,901 | TotalAmt |
| Program Services | $1,015,217 | ProgramServicesAmt |
| Management And General | $112,318 | ManagementAndGeneralAmt |
| Fundraising | $31,366 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $775,960 | TotalAmt |
| Program Services | $595,256 | ProgramServicesAmt |
| Management And General | $149,647 | ManagementAndGeneralAmt |
| Fundraising | $31,057 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,937 | TotalAmt |
| Management And General | $7,937 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,384 | TotalAmt |
| Management And General | $39,384 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,256 | TotalAmt |
| Management And General | $9,256 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $759,844 | TotalAmt |
| Program Services | $274,815 | ProgramServicesAmt |
| Management And General | $484,535 | ManagementAndGeneralAmt |
| Fundraising | $494 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $423,192 | TotalAmt |
| Program Services | $236,393 | ProgramServicesAmt |
| Management And General | $180,915 | ManagementAndGeneralAmt |
| Fundraising | $5,884 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $676,003 | TotalAmt |
| Program Services | $606,497 | ProgramServicesAmt |
| Management And General | $51,896 | ManagementAndGeneralAmt |
| Fundraising | $17,610 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $782,856 | TotalAmt |
| Program Services | $605,988 | ProgramServicesAmt |
| Management And General | $176,868 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,346 | TotalAmt |
| Program Services | $255,339 | ProgramServicesAmt |
| Management And General | $14,275 | ManagementAndGeneralAmt |
| Fundraising | $1,732 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $295,336 | TotalAmt |
| Program Services | $295,336 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,146,591 | TotalAmt |
| Program Services | $1,146,591 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES | $650,543 | $527,214 | $123,009 | $320 |
| MISCELLANEOUS | $628,198 | $254,002 | $370,902 | $3,294 |
| STUDENT SERVICES | $568,212 | $302,952 | $265,260 | |
| EQUIPMENT REPAIR AND MT | $409,469 | $103,627 | $305,101 | $741 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $572,080 | TotalAmt |
| Program Services | $240,222 | ProgramServicesAmt |
| Management And General | $321,077 | ManagementAndGeneralAmt |
| Fundraising | $10,781 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,634,571 | TotalAmt |
| Program Services | $34,072,360 | ProgramServicesAmt |
| Management And General | $4,982,347 | ManagementAndGeneralAmt |
| Fundraising | $579,864 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,850 | BOYAmt |
| EOY | $75,829 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,631,020 | BOYAmt |
| EOY | $7,811,056 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,483,797 | BOYAmt |
| EOY | $1,067,210 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $440,049 | BOYAmt |
| EOY | $257,076 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,961 | BOYAmt |
| EOY | $6,405 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $377,411 | BOYAmt |
| EOY | $493,987 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $28,771,316 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $13,678,919 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,573,081 | BOYAmt |
| EOY | $15,092,397 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,370,786 | BOYAmt |
| EOY | $2,622,834 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,917,955 | BOYAmt |
| EOY | $27,426,794 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,104,893 | BOYAmt |
| EOY | $1,254,416 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $966,549 | BOYAmt |
| EOY | $831,037 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,461,684 | BOYAmt |
| EOY | $6,054,006 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,533,126 | BOYAmt |
| EOY | $8,139,459 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,403,008 | BOYAmt |
| EOY | $13,558,234 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,981,821 | BOYAmt |
| EOY | $5,729,101 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,384,829 | BOYAmt |
| EOY | $19,287,335 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,917,955 | BOYAmt |
| EOY | $27,426,794 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$121,947 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $24,453 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $326,990 | AssetsIncludedAmt |
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $234,608 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | Yes (1) | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,690,014 | BeginningYearBalanceAmt |
| Contributions | $224,504 | ContributionsAmt |
| Investment Earnings Or Losses | $85,617 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $216,200 | OtherExpendituresAmt |
| End Year Balance | $3,783,935 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,082,869 | BeginningYearBalanceAmt |
| Contributions | $65,039 | ContributionsAmt |
| Investment Earnings Or Losses | -$248,054 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $209,840 | OtherExpendituresAmt |
| End Year Balance | $3,690,014 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,397,721 | BeginningYearBalanceAmt |
| Contributions | $172,043 | ContributionsAmt |
| Investment Earnings Or Losses | $718,880 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $205,775 | OtherExpendituresAmt |
| End Year Balance | $4,082,869 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,998,560 | BeginningYearBalanceAmt |
| Contributions | $423,091 | ContributionsAmt |
| Investment Earnings Or Losses | $182,440 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $206,370 | OtherExpendituresAmt |
| End Year Balance | $3,397,721 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,170,700 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $35,660 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $207,800 | OtherExpendituresAmt |
| End Year Balance | $2,998,560 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.19000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.81000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $725,000 | OtherCostOrOtherBasisAmt |
| Book Value | $725,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,559,266 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,351,723 | DepreciationAmt |
| Book Value | $12,207,543 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,234,895 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,738,136 | DepreciationAmt |
| Book Value | $1,496,759 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,252,155 | OtherCostOrOtherBasisAmt |
| Depreciation | $589,060 | DepreciationAmt |
| Book Value | $663,095 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $15,092,397 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $20,790,805 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $24,453 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $56,622 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $229,639 | OtherRevenueAmt |
| Revenue Not Reported | $310,714 | RevenueNotReportedAmt |
| Revenue Subtotal | $20,480,091 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $9,256 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $19,023,277 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $19,032,533 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $39,512,624 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,888,299 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $56,622 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $229,639 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $286,261 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,602,038 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $9,256 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $19,023,277 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $19,032,533 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $39,634,571 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE COLLECTION IS USED TO FURTHER THE EDUCATIONAL PURPOSE OF THE INSTITUTION IN ADVANCING THE STUDENT AND PUBLIC APPRECIATION OF CONTEMPORARY ART. |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE RESTRICTED FOR STUDENT SCHOLARSHIP AND ACADEMIC PROGRAM SUPPORT. |
| PART X, LINE 2: | THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE INSTITUTE IS ALSO EXEMPT FROM STATE INCOME TAXES. THE INSTITUTE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE INSTITUTE FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2023 AND 2022. THE INSTITUTE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 45,418. SPECIAL EVENTS EXPENSE 184,221. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND TUITION DISCOUNTS 19,023,277. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 45,418. SPECIAL EVENTS EXPENSE 184,221. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND TUITION DISCOUNTS 19,023,277. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | REGISTRATION MATERIALS AND BROCHURES STATE POLICY. |
| SCHEDULE E, PART I, LINE 6 | THE ORGANIZATION RECEIVES STUDENT FINANCIAL AID. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CREATIVE FUSION | Event1Nm |
| Gross Receipts Event1 | $465,135 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $416,385 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $48,750 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $178,247 | OtherDirectExpensesEvent1Amt |
| Event2 | STU/ALUM ART SALE | Event2Nm |
| Gross Receipts Event2 | $16,829 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $16,829 | CharitableContriEvent2Amt |
| Other Direct Expenses Event2 | $5,974 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $481,964 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $433,214 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $48,750 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $184,221 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $184,221 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$135,471 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND TUITION DISCOUNTS | GrantTypeTxt |
| Recipient | 915 | RecipientCnt |
| Cash Grant | $19,023,277 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL FINANCIAL AID FUNDS ARE AWARDED THROUGH THE COLLEGE'S FINANCIAL AID OFFICE AND POSTED DIRECTLY TO THE STUDENTS' ACCOUNTS BY THE STUDENT ACCOUNTS OFFICE. STUDENTS MAY BE AWARDED GRANT FUNDS ON THE BASIS OF ACADEMIC ACHIEVEMENT AND/OR FINANCIAL NEED. IN EACH CASE THE STUDENT CAN RETAIN ELIGIBILITY FOR FUNDING FOR AS MANY AS EIGHT SEMESTERS AS A FULL-TIME STUDENT, PROVIDED THE STUDENT MEETS THE RENEWAL CRITERIA SUCH AS GRADE POINT AVERAGE AND GRADE PROCESSION AS OUTLINED IN THE STUDENT HANDBOOK. AN INDIVIDUAL STUDENT MAY NOT RECEIVE MORE THAN THE COST OF TUITION FROM THE INSTITUTIONAL GRANT FUNDS. A RECONCILIATION IS DONE REGULARLY BETWEEN THE TWO DEPARTMENTS/SYSTEMS TO ENSURE ACCURACY AND PROPER USE OF THE FUNDS. STUDENT EMERGENCY GRANTS FUNDED BY THE CARES ACT AND PRIVATE DONATIONS WERE AWARDED TO STUDENTS DURING THE COVID PANDEMIC. FUNDS WERE ADMINISTERED THROUGH BOTH THE FINANCIAL AID OFFICE AND STUDENT SERVICES OFFICE FOLLOWING DEPT OF EDUCATION GUIDELINES FOR ELIGIBILITY. AN ANNUAL AUDIT IS PERFORMED BY AN OUTSIDE ACCOUNTING FIRM TO REVIEW COMPLIANCE WITH ALL FEDERAL, STATE AND INSTITUTIONAL POLICIES AND PROCEDURES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | Yes (1) | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEFFREY MORIN | ||||||||||||||
| PRESIDENT | $226,255 | $0 | $15,000 | $0 | $1,188 | $0 | $13,500 | $0 | $22,355 | $0 | $278,298 | $0 | $0 | $0 |
| STEVEN HANSEN | ||||||||||||||
| VP ACADEMIC AFFAIRS | $153,000 | $0 | $3,000 | $0 | $871 | $0 | $7,800 | $0 | $1,610 | $0 | $166,281 | $0 | $0 | $0 |
| MARK FETHERSTON | ||||||||||||||
| VP ENROLLMENT MANAGEMENT | $138,024 | $0 | $4,000 | $0 | $501 | $0 | $7,179 | $0 | $16,363 | $0 | $166,067 | $0 | $0 | $0 |
| TRACY MILKOWSKI | ||||||||||||||
| VP DEVELOPMENT AND COMMUNICATIONS | $131,072 | $0 | $3,000 | $0 | $312 | $0 | $8,103 | $0 | $21,589 | $0 | $164,076 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE BOARD OF TRUSTEES IS RESPONSIBLE FOR REVIEWING AND DETERMINING THE COMPENSATION OF THE PRESIDENT. COMPARISONS ARE MADE TO SIMILAR POSITIONS IN COMPARABLE ENTITIES THROUGH USE OF REGIONAL AND NATIONAL COMPENSTAION SURVEYS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,600 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | DONOR REPORTED | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $2,750 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | DONOR REPORTED | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | AUCTION ITEMS | 23 | $42,560 | DONOR REPORTED |
| Yes (X) | PROGRAM EQUIPMENT AND SUPPLIES | 11 | $7,181 | DONOR REPORTED |
| Yes (X) | FOOD NON-INVENTORY | 4 | $5,147 | DONOR REPORTED |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER OF CONTRIBUTORS IS BEING LISTED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | COMPOSITION, PURPOSE AND RESPONSIBILITIES OF THE EXECUTIVE COMMITTEE. SECTION 1: ALL MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE VOTING TRUSTEES. THE CHAIR, VICE CHAIR, SECRETARY, ASSISTANT SECRETARY, TREASURER AND ASSISTANT TREASURER OF THE BOARD OF TRUSTEES SHALL BE MEMBERS ALONG WITH THE STANDING COMMITTEE CHAIRS OF THE FINANCE, ACADEMIC AFFAIRS, THE COMMITTEE ON TRUSTEES, FACILITIES COMMITTEE, DEVELOPMENT, AND MARKETING COMMITTEES. ELIGIBLE PAST CHAIRS OF THE BOARD OF TRUSTEES SERVE ON THE EXECUTIVE COMMITTEE FOR A PERIOD OF ONE YEAR FOLLOWING THE END OF HIS OR HER TERM AS CHAIR. IN THE EVENT A TRUSTEE IS ELECTED TO THE POSITION OF CHAIR IN THE FINAL YEAR OF HIS OR HER THIRD, THREE-YEAR TERM, SUCH ELECTION WILL SUPERCEDE THE LIMITATION ON SERVICE AND SUBSTITUTE FOR THE ONE-YEAR'S ABSENCE OF MEMBERSHIP. SECTION 2: THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT PRESIDENTIAL SELECTION AND TERMINATION AND TRUSTEE AND BOARD OFFICER SELECTION, WHICH SHALL BE PRESERVED FOR THE BOARD, CHANGES IN INSTITUTIONAL MISSION AND PURPOSE; CHANGES TO THE CHARTER OR ARTICLE OF INCORPORATION; INCURRING OF CORPORATE INDEBTEDNESS; SALE OF COLLEGE MATERIAL ASSETS OR TANGIBLE PROPERTY; ADOPTION OF THE ANNUAL BUDGET, CONFERRING DEGREES AND AMENDMENT OR CHANGE TO THESE BY-LAWS. THESE BY-LAWS OR OTHER BOARD POLICY MAY RESERVE OTHER POWERS FOR THE BOARD OF TRUSTEES. IN ADDITIONAL TO ITS AUTHORITY TO TAKE ACTION ON EMERGENCY MATTERS THAT CANNOT OR SHOULD NOT BE DEFERRED TO THE NEXT SCHEDULED MEETING OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL OVERSEE THE WORK OF BOARD COMMITTEES, THE COLLEGE'S PLANNING PROCESS ON PLANNING GOALS, AND THE BOARD'S RESPONSIBILITY TO SUPPORT THE PRESIDENT AND EVALUATE HIS OR HER PERFORMANCE, AND IT SHALL REVIEW ANNUALLY THE PRESIDENT'S COMPENSATION AND CONDITIONS OF EMPLOYMENT. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY THE VICE PRESIDENT FOR FINANCIAL AFFAIRS AND APPROVED BY THE PRESIDENT. A COPY OF THE 990 IN ITS ENTIRETY IS PROVIDED TO THE FINANCE COMMITTEE (SUBSET OF THE BOARD OF TRUSTEES) FOR REVIEW PRIOR TO FILING. THE FORM IS PROVIDED TO THE ENTIRE GOVERNING BODY AFTER FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD BYLAWS INCORPORATE A CONFLICT OF INTEREST POLICY. BOARD MINUTES REFLECT TRUSTEES ACTING TO RECUSE THEMSELVES WHEN A CONFLICT ARISES. CONFLICT OF INTEREST DISCLOSURE FORMS ARE COMPLETED ANNUALLY BY ALL TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT IS EVALUATED BY THE EXECUTIVE COMMITTEE AND THE COMPENSATION COMMITTEE WHICH THEN RECOMMENDS A SALARY BASED ON COMPARABLE DATA. THE PRESIDENT EVALUATES ALL SENIOR STAFF AND REVIEWS THEIR COMPENSATION WITH THE BOARD AND THE COMPENSATION COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | NO CHANGE FROM PRIOR YEAR. |