2022-02-09T08:32:03-06:00 2021-03-31 390919055 RITZ HOLMAN LLP 330 E KILBOURN AVE SUITE 550 MILWAUKEE WI 53202 990 2020-04-01 391862290 TEN CHIMNEYS FOUNDATION INC TENC 2629684161 PO BOX 225 GENESEE DEPOT WI 53127 RANDY BRYANT PRESIDENT/CEO 2629684161 2022-02-09 1 RANDY BRYANT 999009999 DIANA G LUTTMANN P01075770 4142711451 2022-02-09 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RANDY BRYANT PO BOX 225 GENESEE DEPOT WI 53127 678226 0 X WWW.TENCHIMNEYS.ORG X 1996 WI TO PRESERVE AND SHARE THE BUILDINGS, FURNISHINGS, COLLECTIONS AND GROUNDS OF TEN CHIMNEYS. 25 25 8 35 0 0 1550081 643882 145406 1326 -758 33007 503398 -551 2198127 677664 0 0 0 0 368496 326152 0 0 62719 562754 395841 931250 721993 1266877 -44329 4995678 4699253 1339351 1068224 3656327 3631029 TEN CHIMNEYS FOUNDATION PRESERVES AND SHARES THEATRE LEGENDS ALFRED LUNT AND LYNN FONTANNE'S HISTORIC ESTATE, SERVES AMERICAN THEATRE, AND OFFERS PUBLIC PROGRAMS IN KEEPING WITH THE LUNTS' INTERESTS AND VALUES. 0 0 580217 1375 TEN CHIMNEYS, THE ESTATE LOVINGLY CREATED BY THEATRE LEGENDS ALFRED LUNT AND LYNN FONTANNE, IS OPEN TO THE PUBLIC AS A WORLD-CLASS HOUSE MUSEUM AND NATIONAL RESOURCE FOR THEATRE, ARTS, AND ARTS EDUCATION. TEN CHIMNEYS IS MORE THAN A GREAT MUSEUM. IT IS A RELEVANT INSPIRATION FOR VISITORS AND A BEACON AND RESOURCE FOR AMERICAN THEATRE. IN ADDITION TO THE ESTATE'S RICH HISTORY, THE FOUNDATION IS NATIONALLY RENOWNED FOR ITS PROGRAMS FOR AMERICAN THEATRE AND PROGRAMS FOR THE PUBLIC. TEN CHIMNEYS OFFERS EXHIBITIONS, AGRICULTURAL EDUCATION, PLAY READINGS, MUSIC IN THE DRAWING ROOM, CONVERSATIONS AT TEN CHIMNEYS AND ESTATE TOURS. FOR AMERICAN THEATRE THE ORGANIZATION OFFERS HIGH SCHOOL OUTREACH, THEATRE RESOURCE PROGRAMS, AND THE LUNT-FONTANNE FELLOWSHIP PROGRAM. 580217 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 WI X RANDY BRYANT 2629684161 S43 W31575 DEPOT ROAD GENESEE DEPOT WI 53217 ANN BURT DIRECTOR 1.00 X 0 0 0 ANDREA BRYANT DIRECTOR 1.00 X 0 0 0 BENNETT BERSON DIRECTOR 1.00 X 0 0 0 EDWARD CICHURSKI TREASURER 1.00 X X 0 0 0 NESS FLORES DIRECTOR 1.00 X 0 0 0 SHELDON EPPS DIRECTOR 1.00 X 0 0 0 JULIE EDELL-BERLIN DIRECTOR 1.00 X 0 0 0 ANDRE BISHOP DIRECTOR 1.00 X 0 0 0 DR RICH GRUNKE DIRECTOR 1.00 X 0 0 0 DEIRDRE WILSON GARTON VICE CHAIR 1.00 X X 0 0 0 SEBASTIAN BOULAN DIRECTOR 1.00 X 0 0 0 JUDY HANSEN DIRECTOR 1.00 X 0 0 0 EMMANUEL DURAND DIRECTOR 1.00 X 0 0 0 MISSY JACOBUS MACLEOD OFFICER AT LARGE 1.00 X X 0 0 0 HOWARD MILLER SECRETARY 1.00 X X 0 0 0 DONNA MEYER CHAIR 1.00 X X 0 0 0 JAMES INJESKI DIRECTOR 1.00 X 0 0 0 SUSAN LUEGER DIRECTOR 1.00 X 0 0 0 MARIE L O'BRIEN DIRECTOR 1.00 X 0 0 0 DAVID HALL DIRECTOR 1.00 X 0 0 0 SHERRI MOWERY-PERRIGO DIRECTOR 1.00 X 0 0 0 KEN SHORE DIRECTOR 1.00 X 0 0 0 PHOEBE R LEWIS DIRECTOR 1.00 X 0 0 0 JUDY JORGENSEN PAST CHAIR 1.00 X X 0 0 0 KARI PIETSCH-WANGARD DIRECTOR 1.00 X 0 0 0 RANDY BRYANT PRESIDENT/CEO 40.00 X 208944 0 0 208944 0 0 1 0 1 0 0 4500 48343 591039 643882 PUBLIC TOURS 561520 1326 1326 1326 33007 33007 0 4500 600 -600 -600 11 -38 49 49 677664 1375 0 32407 207150 162406 15950 28794 85137 66747 6556 11834 14248 8962 2925 2361 19617 12177 4435 3005 10500 10500 5588 3724 1864 53726 49172 2579 1975 101052 99862 794 396 166 166 41955 38598 2098 1259 104882 88101 6293 10488 49581 48441 397 743 OTHER EXPENSES 26238 26238 SHUTTLE SERVICE 1495 1495 PRESERVATION AND COLLEC 425 425 STORE FREIGHT AND SHIPP 126 126 107 107 721993 580217 79057 62719 535053 415615 954831 958565 422657 310090 29942 40146 16850 19354 10522237 7652521 2969609 2869716 66736 85767 4995678 4699253 23204 35497 14735 15195 1301412 969578 0 47954 1339351 1068224 X 3074491 3240739 581836 390290 3656327 3631029 4995678 4699253 X -44329 19031 X X 0 1 X 1 0 X 607765 652727 798354 1481281 643882 4184009 607765 652727 798354 1481281 643882 4184009 1047579 3136430 216 234 586 -757 33007 33286 49082 40501 26638 12520 49 128790 4346085 734609 0.72170 0.70300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: RENTAL INCOME - 2016 AMOUNT: $ 8,723. 2017 AMOUNT: $ 7,096. SALE OF INVENTORY GROSS PROFIT - 2016 AMOUNT: $ 39,092. 2017 AMOUNT: $ 32,025. 2018 AMOUNT: $ 25,009. 2019 AMOUNT: $ 12,520. 2020 AMOUNT: $ 49. OTHER - 2016 AMOUNT: $ 1,267. 2017 AMOUNT: $ 1,380. 2018 AMOUNT: $ 1,629. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 66736 19293 262 85767 29553 40000 -2292 525 66736 30000 341 788 29553 0.57000 0.43000 1 0 468102 468102 5080633 3847360 1233273 3179891 3092465 87426 1793611 712696 1080915 2869716 X 712090 15433 18993 34426 677664 0 677664 737388 15433 -38 15395 721993 0 721993 PART III, LINE 1A: IN ACCORDANCE WITH INDUSTRY PRACTICE, THE ORGANIZATION'S COLLECTIONS OF HISTORICAL ITEMS ARE NOT CAPITALIZED AND RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. THE ORGANIZATION HOLDS ITS COLLECTIONS FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH RATHER THAN FOR FINANCIAL GAIN. IT PROTECTS, CARES FOR, PRESERVES AND KEEPS ITS COLLECTIONS UNENCUMBERED, SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM SALES OF HISTORICAL ITEMS TO BE USED TO PURCHASE ADDITIONAL HISTORICAL ITEMS. THE COLLECTIONS CONSIST OF BUILDINGS, PAINTINGS AND FURNITURE. PART III, LINE 4: THE COLLECTIONS OF TEN CHIMNEYS FOUNDATION ARE AN INTEGRAL PART OF OUR EDUCATIONAL PURPOSE. WITH THE VAST MAJORITY OF THE COLLECTION ALWAYS ON DISPLAY, AND ADDITIONAL PIECES USED REGULARLY FOR ANNUAL EXHIBITIONS, THE COLLECTION IS USED TO INSPIRE, EDUCATE, AND ILLUMINATE THE PUBLIC ABOUT THE HISTORY, THEMES, AND VALUES OF TEN CHIMNEYS. PART V, LINE 4: THE ORGANIZATION HOLDS A FUND AT THE GREATER MILWAUKEE FOUNDATION WITH DONOR RESTRICTIONS TO BE USED AS AN ENDOWMENT FOR PRESERVATION. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. MANAGEMENT HAS REVIEWED ALL TAX POSITIONS RECOGNIZED IN PREVIOUSLY FILED TAX RETURNS AND THOSE EXPECTED TO BE TAKEN IN FUTURE TAX RETURNS. AS OF MARCH 31, 2021, THE ORGANIZATION HAD NO AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS AND NO AMOUNTS RELATED TO ACCRUED INTEREST AND PENALTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: BENEFICIAL INTEREST INVESTMENT RETURN 19,031. COGS -38. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD -38. X X X X 0 0 0 0 0 0 0 1 0 RANDY BRYANT PRESIDENT/CEO 178444 0 30500 0 0 0 0 0 0 0 208944 0 0 0 PART I, LINE 7 A BONUS WAS PROVIDED TO THE PRESIDENT/CEO BASED ON PERFORMANCE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD DURING A QUARTERLY BOD MEETING. A COPY OF THE FORM 990 IS MADE AVAILABLE FOR REVIEW BY THOSE DIRECTORS THAT WERE UNABLE TO ATTEND THE BOD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE FINANCE COMMITTEE REVIEWS ALL POTENTIAL CONFLICTS OF INTEREST IN ORDER TO OBTAIN PROPER DISCLOSURE AND REMEDY WHEN NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS SET BY THE BOARD (AND EXECUTIVE DIRECTOR FOR OTHER STAFF POSITIONS). AFTER REVIEW OF THE NONPROFIT CENTER OF MILWAUKEE'S STUDY ON COMPENSATION PERFORMED IN 2014. DURING SUBSEQUENT YEARS, THE BOARD AND EXECUTIVE DIRECTOR HAVE REVIEWED COMPENSATION OF STAFF ANNUALLY AS A PART OF THE OVERALL BUDGET APPROVAL PROCESS. THE EXECUTIVE COMPENSATION COMMITTEE UTILIZES CURRENT SALARY SURVEYS TO DETERMINE THE APPROPRIATENESS OF THE PRESIDENT'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BENEFICIAL INTEREST INVESTMENT RETURN 19,031. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEAR.