2016-05-12T12:07:54-05:00 2015-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2014-07-01 440546278 Kansas City Art Institute % LAURA SNOW KANS 8168023431 4415 Warwick Boulevard Kansas City MO 64111 LAURA SNOW CFO 8168023431 2016-05-15 true Michael J Engle P00482834 8162216300 2014 2016-08-17 19:52:53Z TONY JONES 4415 WARWICK BLVD KANSAS CITY MO 64111 45130067 false X www.kcai.edu X 1885 MO MISSION: PREPARING GIFTED STUDENTS TO TRANSFORM THE WORLD CREATIVELY THROUGH ART AND DESIGN. VISION: TO BE AN INNOVATIVE LEADER IN ART AND DESIGN EDUCATION. 23 21 727 27 0 0 3135729 8629502 25946894 24077015 947397 -2569648 -78294 4868 29951726 30141737 12559229 11880521 0 0 11098141 11083695 22210 607 643585 7470236 6761420 31149816 29726243 -1198090 415494 96557481 101435558 14467746 14287374 82089735 87148184 X SEE SCHEDULE O false false 24046336 11880521 23004673 THE COLLEGE PROVIDED EDUCATIONAL PROGRAMS TO APPROXIMATELY 637 FALL AND 601 SPRING FTE BACHELOR OF FINE ARTS (BFA) DEGREE SEEKING STUDENTS. THE INSTITUTE ALSO PROVIDED FINANCIAL AID TO STUDENTS IN THE FORM OF SCHOLARSHIPS AND GRANTS. 824705 0 975459 THE COLLEGE PROVIDED SPECIAL PROGRAM CLASSES FOR BOTH DEGREE AND NON-DEGREE SEEKING STUDENTS FOR EVENINGS, WEEKENDS, SUMMER, ADULT, CHILDREN, CLASSES AND TRAVEL PROGRAMS. 24871041 true true false false false false false true false true true false false false true false true false true false true false false false true false false false true true true false false false false false false false false false true true true false false true false false false false true 1155 0 true 727 true false false false false false true true false false false false X 23 21 false false true false false false false true true false false true true true true true true true true false X LAURA SNOW 8168023431 4415 WARWICK BLVD KANSAS CITY MO 64111 C STEPHEN METZLER - TO 315 TRUSTEE - BOARD CHAIR 1.0 0.0 X X 0 0 0 TRACY L MCFERRIN TRUSTEE - BOARD SECRETARY 1.0 0.0 X X 0 0 0 FAYE DAVIS TRUSTEE - BOARD TREASURER 1.0 0.0 X X 0 0 0 HERB KOHN TRUSTEE 1.0 0.0 X 0 0 0 PAT MCCOWN - EFFECTIVE 415 TRUSTEE - BOARD CHAIR 1.0 0.0 X X 0 0 0 DAN MUSSER TRUSTEE 1.0 0.0 X 0 0 0 HUGH ANDREWS TRUSTEE 1.0 0.0 X 0 0 0 ROBERT A BERNSTEIN TRUSTEE 1.0 0.0 X 0 0 0 R PHILIP BIXBY TRUSTEE 1.0 0.0 X 0 0 0 CATHY BRENTS TRUSTEE 1.0 0.0 X 0 0 0 ALLAN S GRAY II TRUSTEE 1.0 0.0 X 0 0 0 HOWARD HARRIS TRUSTEE 1.0 0.0 X 0 0 0 NANCY LEE KEMPER TRUSTEE 1.0 0.0 X 0 0 0 BARBARA MARSHALL TRUSTEE 1.0 0.0 X 0 0 0 SUSAN SEIDLER NERMAN TRUSTEE 1.0 0.0 X 0 0 0 MARK J SPENCER TRUSTEE 1.0 0.0 X 0 0 0 GEORGE TERBOVICH TRUSTEE 1.0 0.0 X 0 0 0 JAY TOMLINSON TRUSTEE 1.0 0.0 X 0 0 0 KATHY WALTER-MACK TRUSTEE 1.0 0.0 X 0 0 0 PAM WOODARD TRUSTEE 1.0 0.0 X 0 0 0 THOMAS R DOWLING TRUSTEE 1.0 0.0 X 0 0 0 KRISTIN GOODMAN TRUSTEE 1.0 0.0 X 0 0 0 JOSHUA C ROWLAND TRUSTEE 1.0 0.0 X 0 0 0 JACQUELINE CHANDA - TO 814 PRESIDENT 40.0 0.0 X 349669 0 13099 LAURA SNOW VP FOR ADMINISTRATION/CFO 40.0 0.0 X 0 0 0 RICHARD RIEDER - TO 914 VP FOR ADMINISTRATION/CFO 40.0 0.0 X 82124 0 32328 TONY JONES - EFFECTIVE 1214 PRESIDENT 40.0 0.0 X 14859 0 2000 LARRY DICKERSON VP CHIEF INFORMATION OFFICER 40.0 0.0 X 110120 0 13601 BAMBI BURGARD VP FOR ACADEMIC AFFAIRS 40.0 0.0 X 116382 0 16137 673154 0 77165 3 false true false BNIM ARCHITECTS ARCHITECTS 114000 MERRILL COMPANIES LLC PROPERTY MANAGEMENT 172876 GREAT WESTERN DINING SERVICE DINING SERVICES 623595 UNITED HEATING COOLING HEATING & COOLING 225313 JENZABAR COMPUTER SOFTWARE 142551 7 245377 1464023 6920102 13344 8629502 Tuition and Fees 611600 22636604 22636604 Dormitory Income 721310 982420 982420 Food Service Revenue 722513 457991 457991 24077015 1062965 1062965 0 0 0 0 0 10809083 14441696 -3632613 -3632613 -3632613 301263 396676 199512 101751 101751 0 250239 347122 -96883 -96883 0 30141737 23980132 -2467897 0 11880521 11880521 0 0 576171 172851 403320 0 7971531 6217794 1434876 318861 281910 219890 50744 11276 1604212 1251285 288758 64169 649871 506899 116977 25995 0 101149 101149 68988 68988 0 607 607 179688 179688 901379 653368 248011 48023 35458 12565 1295027 868339 323338 103350 311306 281487 7294 22525 0 965256 752670 173693 38893 195264 183006 5560 6698 0 16009 11239 3534 1236 123881 108396 15485 0 939205 821804 117401 182647 142465 32876 7306 Special Programs 152855 152855 Dues and Subscriptions 190516 148669 40921 926 Events and Awards 73252 54218 5885 13149 MISCELLANEOUS EXENSES 1016975 407827 580554 28594 29726243 24871041 4211617 643585 6074278 7164708 321738 332020 1302931 5935912 112310 317326 0 0 0 0 0 0 289056 187130 204205 169660 42088910 21800270 20724510 20288640 62110653 61782344 0 0 1745187 1737511 0 0 3672613 3520307 96557481 101435558 1698032 1599551 0 0 423428 334507 10500000 10500000 0 0 0 0 0 0 0 0 1846286 1853316 14467746 14287374 X 26355546 26646595 20015007 24809249 35719182 35692340 82089735 87148184 96557481 101435558 415494 4642955 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 133886 947962 X X X TEACHING COLLECTION - STUDENT USE true 54959400 92112 1492815 1874322 179688 54490317 48110798 3486155 5048500 1551268 134785 54959400 42194058 2130240 5415540 1505781 123259 48110798 42931968 253667 709504 1589484 111597 42194058 36044544 921325 7222449 1137756 118594 42931968 0.06430 0.59740 0.33830 true false 1871003 1871003 785000 31354402 14414290 17725112 8078505 7385980 692525 20288640 0 Refundable Loan Programs 1853316 1853316 23271117 4642955 546634 5189589 18081528 179688 11880521 12060209 30141737 18212668 546634 546634 17666034 179688 11880521 12060209 29726243 SCHEDULE D, PART III, LINE 4 WORKS OF ART ARE EXHIBITED IN THE KANSAS CITY ART INSTITUTE'S GALLERY SPACE AND ARE AVAILABLE FOR STUDENTS TO REVIEW AS PART OF CERTAIN DEPARTMENTS TEACHING COLLECTIONS. SCHEDULE D, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO SUPPORT GENERAL OPERATIONS; HOWEVER SOME ENDOWMENTS ARE RESTRICTED FOR GENERAL SCHOLARSHIPS OR A SPECIFIC EXPENDITURE. SCHEDULE D, PART X, LINE 2 THE INSTITUTE ADOPTED PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD INTERPRETATION NO. 48 (FIN 48), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES-AN INTERPRETATION OF FASB STATEMENT NO. 109, WHICH WAS SUBSEQUENTLY INCORPORATED INTO THE FASB ACCOUNTING CODIFICATION (ASC) TOPIC 740. THE IMPLEMENTATION OF THIS STANDARD HAD NO SIGNIFICANT IMPACT ON THE INSTITUTE'S FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINES 2D & 4B LINE 2D: FUNDRAISING EVENT EXPENSES 199,512 COST OF GOODS SOLD 347,122 --------- TOTAL $546,634 LINE 4B: SCHOLARSHIPS 10,416,498 GRANTS PAID 1,464,023 --------- TOTAL $11,880,521 SCHEDULE D, PART XII, LINES 2D & 4B LINE 2D: FUNDRAISING EVENT EXPENSES 199,512 COST OF GOODS SOLD 347,122 --------- TOTAL $546,634 LINE 4B: SCHOLARSHIPS 10,416,498 GRANTS PAID 1,464,023 --------- TOTAL $11,880,521 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 TAXPAYER HAS NOTICE PUBLISHED ON THEIR WEBSITE AND IN ADMISSIONS PUBLICATION WHICH STATES ITS POLICY OF NON-DISCRIMINATION WITH REGARD TO EMPLOYMENT AND LEARNING OPPORTUNITIES. SCHEDULE E, PART I, LINE 6A FUNDS ARE RECEIVED FROM THE FOLLOWING FEDERAL STUDENT FINANCIAL AID PROGRAMS: 1. PERKINS LOAN PROGRAM 2. COLLEGE WORK STUDY PROGRAMS 3. PELL GRANTS 4. SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS 5. DIRECT LOANS EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SERVICES STUDY ABROAD PROGRAM 69356 69356 69356 false false false false false false AUCTION 445350 204861 240489 34462 22490 11364 61962 PATRON PREVIEW 101290 40516 60774 4078 36006 29150 0 0 0 0 0 0 0 0 0 0 546640 245377 301263 0 0 38540 58496 40514 61962 199512 101751 true KCAI INSTITUTIONAL SCHOLARSHIPS 662 10416498 PELL GRANTS 329 1305339 FSEOG 139 158684 SCHEDULE I, PART I, LINE 2 ALL GRANTS ARE INSTITUTIONAL FINANCIAL AID AND APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT BY KANSAS CITY ART INSTITUTE. X true true X X X X true true false false false false false false false JACQUELINE CHANDA - TO 814 PRESIDENT 118929 0 0 0 230740 0 5557 0 7542 0 362768 0 0 0 FORM 990, SCHEDULE J, LINE 1A THE HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE IS PROVIDED TO JACQUELINE CHANDA AND IS REPORTED ON HER W-2. FORM 990, SCHEDULE J, PART I, LINE 4A JACQUELINE CHANDA $230,740 A SEE PART VI 431178966 606901W85 2005-12-01 10500000 Construct, renovate, equip, acquir false false false A 0 0 10674623 0 0 0 148002 12500 0 10514122 0 0 2007 false false true true A false false true true false 0 false false false true A false true true false 0 false 0 false true A true SUPPLEMENTAL INFORMATION PART I, LINE A, COLUMN (A): HEALTH AND EDUCATIONAL FACILITIES AUTHORITY OF THE STATE OF MISSOURI PART I, LINE A, COLUMN (E): THE BONDS WERE ISSUED AS "DRAWN DOWN" BONDS UNDER REGULATION SEC. 1.150-1(c)(4)(i). THE MAX AMOUNT OF BONDS TO BE DRAWN WAS $12,000,000. HOWEVER THE INSTITUTION'S ONLY DRAW WAS ON THE ISSUE DATE IN THE AMOUNT OF $10,500,000. PART II, LINE 3, COLUMN A: AMOUNT IS NOT EQUAL TO ISSUE PRICE DUE TO INVESTMENT EARNINGS EARNED DURING THE PROJECT PERIOD. SEE SCHEDULE L PART V BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (A) NANCY LEE KEMPER (B) NANCY LEE KEMPER'S SPOUSE IS AN OFFICER AND OWNER OF COMMERCE BANK (C) $210,977 (D) COMMERCE BANK FEES FOR SERVICES, ETC (E) NO (A) PAT MCCOWN (B) PAT MCCOWN IS AN OWNER OF MCCOWNGORDON CONSTRUCTION LLC (C) $144,340 (D) FEES FOR CONSTRUCTION SERVICES PROVIDED (E) NO X 168 133886 FMV X 1 13344 FMV X 4 31241 FMV 0 false true false SCHEDUL M, PART I, COLUMN B COLUMN B REPRESENTS NUMBER OF CONTRIBUTIONS FORM 990, PART III, LINE 1 THE KANSAS CITY ART INSTITUTE IS A PRIVATE, NON-PROFIT, INDEPENDENT FOUR-YEAR COLLEGE OF VISUAL ART AND DESIGN GRANTING A BACHELOR OF FINE ARTS DEGREE. THE MISSION OF THE INSTITUTE IS TO BE A LEADER IN THE VISUAL ARTS AND DESIGN EDUCATION BY PREPARING GIFTED STUDENTS FOR LIFELONG CREATIVITY THROUGH INTENSIVE INTERACTION WITH PREEMINENT FACULTY AND FACILITIES, AND BY STIMULATING ACTIVE PUBLIC AWARENESS, SUPPORT, AND PARTICIPATION IN THE VISUAL ARTS AND DESIGN. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BY-LAWS WERE AMENDED IN JUNE 2015. THE CHANGE TO THE BY-LAWS WAS TO STRENGTHEN THE ORGANIZATION'S PROCESS FOR MONITORING AND MANAGING CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 11B THE IRS 990 IS REVIEWED IN DRAFT FORM BY THE FOLLOWING: CHAIRMAN OF THE BOARD, TREASURER OF THE BOARD, PRESIDENT, VP ADMINISTRATION/CFO AND CONTROLLER. PRIOR TO FILING, THE IRS 990 IS FORWARDED TO ALL MEMBERS OF THE KCAI BOARD. THE IRS 990 IS THEN ELECTRONICALLY FILED BY THE INDEPENDENT ACCOUNTANTS ON BEHALF OF KCAI AFTER THE ENTIRE KCAI BOARD HAS HAD ADEQUATE TIME TO REVIEW THE IRS 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE BY-LAWS OF THE KANSAS CITY ART INSTITUTE AND IS DISTRIBUTED ANNUALLY TO ALL BOARD MEMBERS AND OFFICERS OF THE COLLEGE. THE POLICY INCLUDES PROVISIONS FOR AUTHORIZING, APPROVING OR AFFIRMING CONFLICT OF INTEREST TRANSACTIONS. AS A RESULT OF THE ANNUAL DISTRIBUTION, BOARD MEMBERS AND OFFICERS ARE KNOWLEDGEABLE OF THE POLICY AND HOW THE COLLEGE COMPLIES WITH IT. ANNUALLY, THE CFO PREPARES A MEMO TO THE PRESIDENT AND BOARD CHAIR WHICH PROVIDES A LISTING OF ANY BUSINESS TRANSACTIONS BETWEEN THE COLLEGE AND BOARD MEMBER(S) FOR THE FISCAL YEAR THEN ENDED. THIS MEMO IS PROVIDED TO THE EXECUTIVE COUNCIL FOR REVIEW AND APPROVAL. SOME TRANSACTIONS ARE ONE-TIME TRANSACTIONS AND HAVE BEEN APPROVED BY THE BOARD IN ADVANCE OF THE TRANSACTION IN COMPLIANCE WITH THE BY-LAWS OF THE ORGANIZATION. OTHER TRANSACTIONS ARE ONGOING ACTIVITIES AND ARE APPROVED ANNUALLY WHEN THE MEMO IS REVIEWED BY EXECUTIVE COUNCIL. PER THE BYLAWS, APPROVAL OF CONFLICT OF INTEREST TRANSACTIONS REQUIRES A MAJORITY OF THE TRUSTEES OR MEMBERS OF THE BOARD COMMITTEE WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION TO AUTHORIZE, APPROVE OR RATIFY THE TRANSACTION. A MEMBER OF THE BOARD OF TRUSTEES MUST ABSTAIN FROM VOTING OR ATTEMPTING TO INFLUENCE THE VOTE ON ANY MATTER BEFORE THE BOARD THAT PLACES HIM OR HER IN A CONFLICT OF INTEREST. TRUSTEES ARE REQUIRED TO DISCLOSE THE CONFLICT OR POTENTIAL CONFLICT AS SOON AS S/HE RECOGNIZES THE CONFLICT. ANNUAL QUESTIONNAIRES ARE SENT TO ALL BOARD MEMBERS AND OFFICERS THAT REQUIRE THEM TO INFORM THE SCHOOL OF LOANS, BUSINESS RELATIONSHIPS, GRANTS AND OTHER POTENTIAL CONFLICTS OF INTERESTS. THE RESPONSES TO THE QUESTIONNAIRES ARE REVIEWED TO INSURE THAT ALL CONFLICTS OF INTEREST HAVE BEEN BROUGHT BEFORE THE BOARD FOR AUTHORIZATION, APPROVAL OR RATIFICATION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COUNCIL OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS THE PRESIDENT'S COMPENSATION. KCAI IS A MEMBER OF THE ASSOCIATION OF INDEPENDENT COLLEGES OF ART AND DESIGN, WHICH IS A NON-PROFIT CONSORTIUM OF 43 LEADING ART AND DESIGN COLLEGES IN THE UNITED STATES AND CANADA. AS SUCH, THE COUNCIL UTILIZES DATA FROM EIGHT TO TEN OF THE COLLEGES THAT ARE COMPARABLE AND RELEVANT TO KCAI TO BENCHMARK THE SALARY AND BENEFITS OF THE PRESIDENT. THE COMPENSATION PACKAGE PROVIDED APPROXIMATES AN AMOUNT THAT IS LESS THAN OR EQUAL TO THE AVERAGES OF THESE SCHOOLS. FORM 990, PART VI, SECTION B, LINE 15B THE PRESIDENT ANNUALLY REVIEWS THE COMPENSATION OF ALL VICE PRESIDENTS. BENCHMARKING DATA IS USED FOR COMPARISON PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. WS REALTY LLC 4415 WARWICK BOULEVARD KANSAS CITY MO 64111 261566435 R.E. HLDG MO 0 0 NA