2021-11-11T08:04:40-06:00 2020-12-31 391628949 JOHNSON BLOCK & CO INC 2500 BUSINESS PARK ROAD MINERAL POINT WI 53565 990 2020-01-01 392000608 POTOSI FOUNDATION INC POTO 6087634002 PO BOX 177 POTOSI WI 53820 DAVE FRITZ PRESIDENT 6087634002 2021-10-14 true DAVE FRITZ 999009999 JOSEPH G MOHLMANN P00046660 6089872206 2021-11-08 2020 2022-09-23 18:48:47Z DAVE FRITZ PO BOX 177 POTOSI WI 53820 367165 false X WWW.POTOSIBREWERY.COM X 2000 WI TO RESTORE A HISTORIC LANDMARK AND TO RECONNECT THE COMMUNITY TO PART OF ITS HERITAGE. TO DEVELOP A DESTINATION OF HISTORIC AND EDUCATIONAL INTEREST. TO CHANNEL FUNDS INTO ITS MARKETS SERVED TO SUPPORT HISTORIC AND EDUCATION BASED INITIATIVES AS WELL AS CHARITABLE CAUSES, WHICH TRULY MAKE IT A SOCIALLY RESPONSIBLE CORPORATE CITIZEN. 18 15 9 90 -132662 119345 150190 17944 11772 4800 10684 -99789 147973 66973 0 0 59511 47391 0 4838 280871 266142 340382 313533 -192409 -246560 2239789 2084542 3621955 3701345 -1382166 -1616803 X TO RESTORE A HISTORIC LANDMARK AND TO RECONNECT THE COMMUNITY TO PART OF ITS HERITAGE. TO DEVELOP A DESTINATION OF HISTORIC AND EDUCATIONAL INTEREST. TO CHANNEL FUNDS INTO ITS MARKETS SERVED TO SUPPORT HISTORIC AND EDUCATION BASED INITIATIVES AS WELL AS CHARITABLE CAUSES, WHICH TRULY MAKE IT A SOCIALLY RESPONSIBLE CORPORATE CITIZEN. false false 220582 11772 PROMOTE AWARENESS OF HERITAGE OF THE COMMUNITY THROUGH RESTORATION OF A HISTORIC LANDMARK, THE POTOSI BREWERY SITE. THIS SITE INCLUDES A NATIONAL BREWERY MUSEUM AND LIBRARY, POTOSI BREWING COMPANY TRANSPORTATION MUSEUM, AND INTERPRETIVE CENTER FOR THE GREAT RIVER ROAD. 220582 true true false false false false false true false false true false false false false true true true false false false false false false true false false false false false false false false true false true false true false false false false false true true true false false true 5 0 9 true true true false false false false false false false false false false false X 18 15 true false false false false false false true true false false false true true true false false false true false WI X WENDY UDELHOFEN 6087634002 PO BOX 177 POTOSI WI 53820 X DAVE FRITZ PRESIDENT 5.00 X X 0 0 0 GARY DAVID VICE PRESIDE 2.00 X X 0 0 0 RON BREY TREASURER 2.00 X X 0 0 0 FRANCES RIVOIRE SECRETARY 2.00 X X 0 0 0 BILL ADAMANY DIRECTOR 0.50 X 0 0 0 CASEY TRUDGEON DIRECTOR 0.50 X 0 0 0 LARRY KALINA DIRECTOR 0.50 X 0 0 0 LARRY BOWDEN DIRECTOR 0.50 X 0 0 0 MERLE VASTINE DIRECTOR 0.50 X 0 0 0 TOM DOWNS DIRECTOR 0.50 X 0 0 0 LES MACK DIRECTOR 0.50 X 0 0 0 FRANK FIORENZA DIRECTOR 0.50 X 0 0 0 KENNETH ROBB DIRECTOR 0.50 X 0 0 0 HERB PAGE DIRECTOR 0.50 X 0 0 0 TOM QUINN DIRECTOR 0.50 X 0 0 0 MIC WALSH DIRECTOR 0.50 X 0 0 0 MARY ALICE SCHMITZ DIRECTOR 0.50 X 0 0 0 EVAN HUGHES DIRECTOR 0.50 X 0 0 0 false false false 47418 8000 94772 5374 150190 ADMISSIONS 712110 11772 11772 11772 192484 -192484 -192484 -192484 4800 4800 4800 4800 83318 47418 50445 32873 32873 117085 57263 59822 59822 66973 11772 -132662 37673 43690 32070 8763 2857 519 381 104 34 3182 2336 638 208 28173 980 25594 1599 1156 389 727 40 91495 67704 23791 43956 35911 8045 69931 61393 8538 12097 8112 3985 FEES 10919 5261 5658 SUPPLIES BUILDING MAINTEN 2408 1926 482 CREDIT CARD FEES 2373 2373 SUPPLIES OFFICE 1200 1200 2434 1746 588 100 313533 220582 88113 4838 4000 4000 9920 1935 51498 60724 7420249 2868997 4717882 4551252 -2660603 -2648680 32871 31090 84221 84221 2239789 2084542 266955 452510 678083 678083 2676917 2570752 3621955 3701345 X -1382166 -1616803 -1382166 -1616803 2239789 2084542 X -246560 11923 X false true X true false X 113892 128115 125012 119345 150190 636554 27520 24154 22362 17944 11772 103752 141412 152269 147374 137289 161962 740306 900 6650 2610 2500 29250 41910 900 6650 2610 2500 29250 41910 698396 141412 152269 147374 137289 161962 740306 0.94340 0.94110 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84221 X X false 351500 351500 6164192 1988783 4175409 904557 880214 24343 4551252 X -109368 4220 11923 16143 -125511 192484 192484 66973 510237 4220 192484 196704 313533 313533 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS ADOPTED ACCOUNTING GUIDANCE FOR RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE ORGANIZATION FOLLOWS STATUTORY REQUIREMENTS FOR INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILIITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE ORGANIZATION'S TAX-EXEMPT STATUS WOULD NOT BE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO SUCH EXAMINATIONS FOR TAX YEARS BEFORE 2017. SCHEDULE D, PAGE 4, PART XI, LINE 2D GAIN IN SUBSIDIARY 11,923 SCHEDULE D, PAGE 4, PART XI, LINE 4B DIRECT RENTAL EXPENSES 192,484 SCHEDULE D, PAGE 4, PART XII, LINE 2D DIRECT RENTAL EXPENSES 192,484 WINTER BREWFEST 84748 24243 60505 39544 800 7166 1852 BANQUET 25450 13580 11870 17 70 1 19705 9595 10110 571 2277 129903 47418 82485 39544 588 800 9513 50445 32040 MICHAEL WALSH DIRECTOR OPERATIONS X 212500 216042 false true true TRICOR INSURANCE OWNED BY DIRECTOR OPERATIONS X 165000 165000 false true true FRITZ FAMILY LOAN CONTROLLED BY DIRECT OPERATIONS X 147500 149958 false true true FRITZ DEVELOPMENT OWNED BY DIRECTOR OPERATIONS X 125000 127083 false true true LES MACK DIRECTOR OPERATIONS X 20000 20000 false true true 678083 MIC WALSH DIRECTOR 10625 INTEREST false FRITZ FAMILY FOUNDATION DIRECTOR 7375 INTEREST false FRITZ DEVELOPMENT DIRECTOR 6250 INTEREST false TRICOR INC DIRECTOR 8250 INTEREST false LES BETTY MACK FAMILY FOUNDATION DIRECTOR 1000 INTEREST false SCHEDULE L, PART V DAVE FRITZ, DIRECTOR, HAS AN OWNERSHIP INTEREST IN TRICOR, INC., FRITZ FAMILY FOUNDATION, AND FRITZ DEVELOPMENT FORM 990 - ORGANIZATION'S MISSION TO RESTORE A HISTORIC LANDMARK AND TO RECONNECT THE COMMUNITY TO PART OF ITS HERITAGE. TO DEVELOP A DESTINATION OF HISTORIC AND EDUCATIONAL INTEREST. TO CHANNEL FUNDS INTO ITS MARKETS SERVED TO SUPPORT HISTORIC AND EDUCATION BASED INITIATIVES AS WELL AS CHARITABLE CAUSES, WHICH TRULY MAKE IT A SOCIALLY RESPONSIBLE CORPORATE CITIZEN. FORM 990, PAGE 6, PART VI, LINE 2 LARRY KALINA MIC WALSH DIRECTOR DIRECTOR FAMILY RELATIONSHIP TOM DOWNS LARRY KALINA DIRECTOR DIRECTOR FAMILY RELATIONSHIP TOM DOWNS MIC WALSH DIRECTOR DIRECTOR FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT, VICE PRESIDENT, TREASURER, AND SECRETARY OF THE ORGANIZATION. THE REVIEW IS USUALLY PERFORMED PRIOR TO FILING WITH THE IRS. THE FORM 990 IS NOT REVIEWED BY EACH MEMBER OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 12C STATEMENTS OF POTENTIAL CONFLICTS OF INTEREST ARE OBTAINED FROM EACH BOARD MEMBER. THE OFFICERS OF THE ORGANIZATION REVIEW AND FAMILIARIZE THEMSELVES WITH THESE STATEMENTS. BOARD MEMBERS WITH A CONFLICT OF INTEREST DO NOT VOTE ON RELATED MATTERS. FORM 990, PAGE 6, PART VI, LINE 15B CONTROLLER'S SALARY IS APPROVED BY THE BOARD PRESIDENT WITH APPROVAL OF ANOTHER BOARD MEMBER FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 GAIN IN SUBSIDIARY 11,923 POTOSI BREWING COMPANY 209 S MAIN STREET POTOSI WI 53820 271607646 BREWING WI POTOSI FOU NDATION INC C CORP 11923 980665 1.00000 false false false false false false false false false false false false false false true true true true true true POTOSI BREWING COMPANY N 192484 MARKET PRICE POTOSI BREWING COMPANY O COST POTOSI BREWING COMPANY P COST POTOSI BREWING COMPANY Q COST POTOSI BREWING COMPANY R COST POTOSI BREWING COMPANY S 192484 MARKET PRICE