2024-05-07T09:03:59-05:00 2023-06-30 FORVIS LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2022-07-01 440546278 KANSAS CITY ART INSTITUTE % BRIAN HENKE KANS 8168023431 4415 WARWICK BLVD KANSAS CITY MO 64111 BRIAN HENKE CFO 8168023431 2024-05-15 true TONY JONES XXX-XX-XXXX Michael J Engle P00482834 8162216300 3 2022 2023-04-26 12:10:37Z BRIAN HENKE 4415 WARWICK BLVD KANSAS CITY MO 64111 56055336 false X WWW.KCAI.EDU X 1885 MO MISSION: PREPARE GIFTED STUDENTS TO TRANSFORM THE WORLD CREATIVELY THROUGH ART AND DESIGN. VISION: TO BE AN INNOVATIVE LEADER IN ART AND DESIGN EDUCATION. 27 27 302 27 -59657 0 9250452 3824148 31720705 33347261 952013 1042287 1967200 221994 43890370 38435690 16984736 16752565 0 0 13350013 13592833 23200 32328 867415 11666241 12002199 42024190 42379925 1866180 -3944235 165066373 166695518 28124436 27913343 136941937 138782175 X SEE SCHEDULE O false true 33095044 16752565 33371517 THE COLLEGE PROVIDED EDUCATIONAL PROGRAMS TO APPROXIMATELY 733 FALL (2022) FTE AND 676 SPRING (2023) FTE BACHELOR OF FINE ARTS DEGREE-SEEKING STUDENTS. THE INSTITUTE ALSO PROVIDED FINANCIAL AID TO STUDENTS IN THE FORM OF SCHOLARSHIPS AND GRANTS. 33095044 true true false false false false false true false true true true false false true false true false true false true false false true true false false false true true true false false false false false false false false false false false false false false false false false false false true 49 0 true 302 true true true false false false false true true false false false false false false X 27 27 false false false false false false false true true false false true true true true true true true false false MO X BRIAN HENKE 8168023431 4415 WARWICK BLVD KANSAS CITY MO 64111 X ANTHONY JONES PRESIDENT END 06/22 40.0 0.0 X 221602 0 54150 BAMBI BURGARD EVP ACADEMIC AFFAIRS END 07/22 40.0 0.0 X 204062 0 12455 BRIAN HENKE CHIEF FINANCIAL OFFICER 40.0 0.0 X 164807 0 32619 NICOLE RATLIFF EVP ADVANCEMENT END 01/23 40.0 0.0 X 162844 0 23532 MILTON KATZ VP AND DEAN OF FACULTY 40.0 0.0 X 142112 0 16929 RUKI NEUHOLD-RAVIKUMAR PRESIDENT BEGIN 07/22 40.0 0.0 X 145955 0 7257 GINA GOLBA VP AND DEAN OF STUDENTS 40.0 0.0 X 117820 0 15157 BRAD KROH TRUSTEE 1.0 0.0 X 0 0 0 CATHY BRENTS TRUSTEE 1.0 0.0 X 0 0 0 DANIEL F MUSSER TRUSTEE - VICE CHAIR 1.0 0.0 X X 0 0 0 HERBERT KOHN TRUSTEE - VICE CHAIR 1.0 0.0 X X 0 0 0 HOWARD HARRIS TRUSTEE 1.0 0.0 X 0 0 0 JAY TOMLINSON TRUSTEE - TREASURER 1.0 0.0 X X 0 0 0 JOSHUA ROWLAND TRUSTEE 1.0 0.0 X 0 0 0 KATHY WALTER-MACK TRUSTEE 1.0 0.0 X 0 0 0 KRISTIN GOODMAN TRUSTEE 1.0 0.0 X 0 0 0 MEGAN S WYETH TRUSTEE 1.0 0.0 X 0 0 0 NANCY LEE KEMPER TRUSTEE 1.0 0.0 X 0 0 0 SUSAN SEIDLER NERMAN TRUSTEE - BOARD CHAIR 1.0 0.0 X X 0 0 0 TOM R DOWLING TRUSTEE - SECRETARY 1.0 0.0 X X 0 0 0 TRACIE A TEMPEL TRUSTEE 1.0 0.0 X 0 0 0 LAURA FLANIGAN TRUSTEE 1.0 0.0 X 0 0 0 ELLEN COPAKEN TRUSTEE 1.0 0.0 X 0 0 0 BILL CRANDALL TRUSTEE 1.0 0.0 X 0 0 0 BRIAN N KAUFFMAN TRUSTEE 1.0 0.0 X 0 0 0 WHITNEY KERR JR TRUSTEE 1.0 0.0 X 0 0 0 LISA MURRAY TRUSTEE 1.0 0.0 X 0 0 0 HOLLY NIELSEN TRUSTEE 1.0 0.0 X 0 0 0 MURRAY WOODARD II TRUSTEE 1.0 0.0 X 0 0 0 BETH HARMON-VAUGHAN TRUSTEE 1.0 0.0 X 0 0 0 MARC WOODWARD TRUSTEE 1.0 0.0 X 0 0 0 CATHY BENNETT TRUSTEE 1.0 0.0 X 0 0 0 JON MARZETTE TRUSTEE 1.0 0.0 X 0 0 0 KIM NEWTON TRUSTEE 1.0 0.0 X 0 0 0 1159202 0 162099 7 true true false AL HUBER INC 10770 EL MONTE OVERLAND PARK KS 66211 CONSTRUCTION 1470007 GREAT WESTERN DINING SERVICE INC PO BOX 699 TIPTON MO 65081 DINING SERVICES 1003610 WINBURY REALTY OF KC LLC 4520 MAIN STREET SUITE 1000 KANSAS CITY MO 64111 PROPERTY MANAGEMENT 581834 HI-GENE'S JANITORIAL SERVICE PO BOX 12385 NORTH KANSAS CITY MO 64116 JANITORIAL SERVICES 364169 JENZABAR PO BOX 55018 BOSTON MA 022055015 IT SERVICES 223850 11 244855 710283 2869010 3824148 Tuition and Fees 611600 30411264 30411264 Dormitory Income 721310 2095440 2095440 Food Service Revenue 722513 840557 840557 33347261 334217 334217 0 2103 2103 187001 187001 0 187001 187001 17899621 9000 17190608 9943 709013 -943 708070 708070 29000 244855 100950 -71950 -71950 0 0 0 342401 318145 24256 24256 LOSS FROM INVESTMENT K-1S 901101 -59657 -59657 Miscellaneous Income 900099 140241 140241 80584 38435690 33371517 -59657 1299682 0 16752565 16752565 0 0 942532 348737 537243 56552 0 9690953 6438540 2876189 376224 406295 269943 120578 15774 1787854 1187156 531329 69369 765199 508400 227092 29707 0 12240 12240 145636 145636 0 32328 32328 124191 124191 1914143 1158955 755188 70118 39869 19193 11056 977181 725539 208141 43501 655540 592902 62638 0 278158 186512 81044 10602 206331 193529 9181 3621 0 69769 30037 39332 400 1062261 929478 132783 0 3047175 2410315 447935 188925 373732 248308 110914 14510 Admissions 47620 47620 Dues and Subscriptions 147964 99625 46040 2299 Events and Awards 248005 230626 15217 2162 Bad Debt 176363 176363 2445772 520025 1915362 10385 42379925 33095044 8417466 867415 4901076 3510179 1132732 1884271 3360702 1364258 517702 632491 0 0 0 0 0 0 213963 185840 320672 352284 107276017 30086025 78146805 77189992 1091542 927406 70942941 76357028 766903 532275 0 0 3671335 3759494 165066373 166695518 2051908 1882598 0 0 1008275 1240527 24116902 24039001 0 0 0 0 0 0 0 0 947351 751217 28124436 27913343 X 59212594 58741106 77729343 80041069 136941937 138782175 165066373 166695518 X -3944235 5724816 59657 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 947962 X X X false 72034483 1250018 6646593 3022469 124191 76784434 81604187 948680 -7273349 3070758 174277 72034483 69816380 571166 15326603 3904053 205909 81604187 72375666 1518614 3956011 121889 69816380 68719639 1003650 5254583 2433310 168896 72375666 0.02180 0.61020 0.36800 true false 1556003 1556003 102916613 27995026 74921587 2295907 2090999 204908 507494 507494 77189992 ALTERNATIVE INVESTMENTS 76357028 F 76357028 0 Refundable Loan Programs 751217 751217 28072168 5724816 419095 6143911 21928257 124191 16383242 16507433 38435690 26231930 419095 419095 25812835 124191 16442899 16567090 42379925 SCHEDULE D, PART III, LINE 4 WORKS OF ART ARE EXHIBITED IN THE KANSAS CITY ART INSTITUTE'S GALLERY SPACES 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 MANY ENDOWMENTS ARE RESTRICTED FOR GENERAL SCHOLARSHIPS OR A SPECIFIC EXPENDITURE. SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2D FUNDRAISING EVENT EXPENSES $ 100,950 COST OF GOODS SOLD 318,145 ---------- TOTAL $ 419,095 SCHEDULE D, PART XI, LINE 4B SCHOLARSHIPS $ 16,442,899 LOSS FROM INVESTMENT K-1S ( 59,657) -------------- TOTAL $ 16,383,242 SCHEDULE D, PART XII, LINE 2D FUNDRAISING EVENT EXPENSES $ 100,950 COST OF GOODS SOLD 318,145 ---------- TOTAL $ 419,095 SCHEDULE D, PART XII, LINE 4B SCHOLARSHIPS $ 16,442,899 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLISHED ON THE WEBSITE, HIGHLIGHTED IN ADMISSIONS MATERIALS, AND DISCUSSED WITH PROSPECTIVE AND CURRENT STUDENTS AND THEIR PARENTS. 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 Central America and the Caribbean 0 0 Investments 7760632 North America 0 0 Program Services STUDY ABOARD 29100 0 0 0 0 7789732 7789732 true false true false false false SCHEDULE F, PART I, LINE 3, COLUMN (F) FOREIGN EXPENSES ARE ACCOUNTED FOR ON THE FINANCIAL STATEMENTS USING THE ACCRUAL METHOD. X X true ASSEL GRANT SERVICES 2217 SE KING ST LEES SUMMIT MO 64063 GRANT WRITING false 303000 32328 270672 303000 32328 270672 KS MO ARTPOP 273855 244855 29000 34226 9305 57419 0 273855 244855 29000 34226 9305 57419 100950 -71950 true KCAI INSTITUTIONAL SCHOLARSHIPS 736 16717213 FACULTY AWARDS AND FELLOWSHIPS 4 16805 OTHER STUDENT SCHOLARSHIPS & AWARDS 16 18547 SCHEDULE I, PART I, LINE 2 KCAI INSTITUTIONAL SCHOLARSHIPS ARE INSTITUTIONAL FINANCIAL AID AND ARE APPLIED DIRECTLY TO THE STUDENT ACCOUNTS BY KCAI. FACULTY AWARDS AND FELLOWSHIPS AND OTHER STUDENT SCHOLARSHIPS AND AWARDS ARE PERFORMANCE AND ACTIVITY-BASED AWARDS PAID DIRECTLY TO FACULTY AND STUDENTS. X true true X X X X true true false false false false false false false MILTON KATZ VP AND DEAN OF FACULTY 142112 0 0 0 0 0 6590 0 10339 0 159041 0 0 0 ANTHONY JONES PRESIDENT END 06/22 221602 0 0 0 0 0 47337 0 6813 0 275752 0 0 0 RUKI NEUHOLD-RAVIKUMAR PRESIDENT BEGIN 07/22 145955 0 0 0 0 0 2725 0 4532 0 153212 0 0 0 BRIAN HENKE CHIEF FINANCIAL OFFICER 164807 0 0 0 0 0 9013 0 23606 0 197426 0 0 0 BAMBI BURGARD EVP ACADEMIC AFFAIRS END 07/22 97103 0 0 0 106959 0 4491 0 7964 0 216517 0 0 0 NICOLE RATLIFF EVP ADVANCEMENT END 01/23 162844 0 0 0 0 0 8109 0 15423 0 186376 0 0 0 SCHEDULE J, PART I, LINE 1A A HOUSING ALLOWANCE WAS PROVIDED TO ANTHONY JONES, PRESIDENT, AND RUKI NEUHOLD-RAVIKUMAR, PRESIDENT, AND REPORTED ON THEIR W-2 AS TAXABLE INCOME. SCHEDULE J, PART I, LINE 4A BAMBI BURGARD - $106,959 SCHEDULE J, PART I, LINE 4B ANTHONY JONES PARTICIPATED IN A 457(F) PLAN DURING CALENDAR YEAR 2022. A SEE PART VI 431178966 2018-07-31 22085000 CONSTRUCT, RENOVATE, EQUIP, ACQUIR false false false A 0 0 22085000 0 0 0 325631 0 0 11259369 10500000 0 2020 true false true true A false false false false 0 true false false true A false true true false 0 false 0 false true A true PART I, LINE A, COLUMN (A) HEALTH AND EDUCATIONAL FACILITIES AUTHORITY OF THE STATE OF MISSOURI. PART I, LINE A, COLUMN (F) CONSTRUCT, RENOVATE, EQUIP, ACQUIRE AND IMPROVE CERTAIN EDUCATIONAL FACILITIES. FORM 990, PART III, LINE 1 THE KANSAS CITY ART INSTITUTE IS A PRIVATE, NONPROFIT, INDEPENDENT FOUR-YEAR COLLEGE OF ART AND DESIGN GRANTING A BACHELOR OF FINE ARTS DEGREE. THE MISSION OF THE INSTITUTE IS TO BE A LEADER IN ARTS AND DESIGN EDUCATION BY PREPARING GIFTED STUDENTS FOR LIFELONG CREATIVITY THROUGH INTENSIVE INTERACTION WITH PREEMINENT FACULTY FACILITIES, AND BY STIMULATING ACTIVE PUBLIC AWARENESS, SUPPORT, AND PARTICIPATION IN ART AND DESIGN. FORM 990, PART III, LINE 3 THE COLLEGE DISCONTINUED THE CONTINUING AND PROFESSIONAL EDUCATION COURSES OFFERED TO BOTH DEGREE AND NON-DEGREE SEEKING ADULT STUDENTS FOR SUMMER CLASSES AND PROGRAMS DURING THE FISCAL YEAR. 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, EXECUTIVE VP ADMINISTRATION/CFO AND THE ASSOCIATE VICE PRESIDENT OF FINANCE AND ACCOUNTING. 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 RETURN. 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 37 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 CABINET MEMBERS. 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. FORM 990, PART XI, LINE 9 LOSS FROM INVESTMENT K-1S $ 59,657