A CHUDNOW & SONS HISTORICAL MUSEUM INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- A CHUDNOW & SONS HISTORICAL MUSEUM INC (EIN 39-1725827)
- Tax period
- 2020-12-01 to 2021-11-30
- Filed
- 2022-07-26
- IRS object ID
- 202222079349100902
- Schema version
- 2020v4.2
- 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-PF
- Schedule B
- Accounting Fees Schedule
- Dissolution Stmt
- Gain Loss Sale Other Assets Sch
- Liquidation Explanation Stmt
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-07-26T12:57:16-05:00 | ReturnTs |
| Tax Period End | 2021-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10401 W INNOVATION DR STE 300 | AddressLine1Txt |
| City | WAUWATOSA | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53226 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 391725827 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | A CHUDNOW & SONS HISTORICAL MUSEUM INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACHU | BusinessNameControlTxt |
| Phone | 4142731680 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10144 N PORT WASHINGTON ROAD NO | AddressLine1Txt |
| City | MEQUON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53092 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL CHUDNOW | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2622400000 | PhoneNum |
| Signature | 2022-07-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DANIEL | PersonFirstNm |
| Person Last | CHUDNOW | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL L BURZYNSKI | PreparerPersonNm |
| PTIN | P01447096 | PTIN |
| Phone | 4144761880 | PhoneNum |
| Preparation | 2022-07-21 | 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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $388,522 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $16,281 | ContriRcvdRevAndExpnssAmt |
| Gross Rents Rev And Expnss | $1,620 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1,620 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $1,620 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$280,484 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $830,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $3,007 | GrossSalesLessRetAndAllwncAmt |
| Gross Profit Rev And Expnss | $3,007 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $3,007 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $250 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $250 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | -$259,326 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,620 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $3,257 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $10,158 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $10,158 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,201 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $5,201 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,606 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $1,606 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $11,092 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $10,168 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $21,421 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $1,650 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $19,771 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $403 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $403 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $15 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $15 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $0 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $9,976 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | -$32,640 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $42,616 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $59,872 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,650 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $14,682 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $42,616 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $905,405 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $905,405 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $965,277 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,650 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $14,682 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $948,021 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,224,603 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $22,975 | CashBOYAmt |
| Cash EOY | $353,522 | CashEOYAmt |
| Cash EOYFMV | $353,522 | CashEOYFMVAmt |
| Land Bldg Investments BOY | $864,473 | LandBldgInvestmentsBOYAmt |
| Other Assets BOY | $725,677 | OtherAssetsBOYAmt |
| Other Assets EOY | $35,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $35,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,613,125 | TotalAssetsBOYAmt |
| Total Assets EOY | $388,522 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $388,522 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,613,125 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $388,522 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,613,125 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $388,522 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,613,125 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $388,522 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,613,125 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,224,603 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $388,522 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $388,522 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | WI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DANIEL CHUDNOW | IndividualWithBooksNm |
| Phone | 2622400000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10144 N PORT WASHINGTON ROAD SUITE | AddressLine1Txt |
| Address Line2 | 2B | AddressLine2Txt |
| City | MEQUON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53092 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DANIEL CHUDNOW | ||||||||
| 10144 N PORT WASHINGTON RD SUITE 2B | MEQUON | WI | 53092 | PRESIDENT | 10.00 | $0 | $0 | $0 |
| DAVID CHUDNOW | ||||||||
| 8383 WILSHIRE BLVD SUITE 510 | BEVERLY HILLS | CA | 90211 | VICE-PRESIDENT | 1.00 | $0 | $0 | $0 |
| LOIS INFELD | ||||||||
| 6 TUERS PLACE | UPPER MONTCLAIR | NJ | 07043 | SECRETARY | 1.00 | $0 | $0 | $0 |
| ARLEEN PELTZ | ||||||||
| 1616 W EASTBROOK CT | MEQUON | WI | 53092 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DONALD CHUDNOW | ||||||||
| 3715 W MULBERRY DR | MEQUON | WI | 53092 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JACQUELINE REDLICH | ||||||||
| 6420 N BITTERSWEET LANE | GLENDALE | WI | 53217 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAVID STROIK | ||||||||
| 5706 PARADISE RIDGE DR | WEST BEND | WI | 53095 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| BRITTANY GRAYSON | ||||||||
| 1550 RIVERS BEND 301 | WAUWATOSA | WI | 53226 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| SAMMI JO NEVIN | ||||||||
| 303 N 62ND ST | MILWAUKEE | WI | 53213 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ROBERT CHUDNOW | ||||||||
| 1655 SUNHAVEN CT | RENO | NV | 89521 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE MUSEUM IS WINDING DOWN OPERATIONS. THE MAJORITY OF ITS CHARITABLE ACTIVITY DURING THE YEAR WAS TO READY ITS ASSETS FOR DONATION/SALE. ITS BUILDING WAS SOLD AND THE NET PROCEEDS WILL BE DONATED TO PUBLIC CHARITIES. THE MUSEUM HAS ENTERED AN AGREEMENT WITH THE CEDARBURG LANDMARK PRESERVATION SOCIETY INC TO DONATE ITS MUSEUM ASSETS FOR EXHIBITION, AND DONATE FUNDS TO CATALOG, PHOTOGRAPH, TRANSPORT, STORE, DISPLAY, AND PROVIDE EXHIBITION SPACE FOR THE COLLECTION, AS WELL AS TO SUPPORT OTHER PURPOSES AS MAY BE NECESSARY FOR THE CONTINUED OPERATION OF THE CEDARBURG HISTORY MUSEUM AND THE CONTINUED DISPLAY OF THE CHUDNOW COLLECTION. | Description1Txt |
| Expenses1 | $963,627 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $388,179 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $85,628 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $473,807 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $473,807 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,107 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $466,700 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $23,335 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $948,021 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $948,021 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $948,021 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1993-06-03 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $948,021 | CurrentYearAmt |
| Year1 | $45,721 | Year1Amt |
| Year2 | $58,565 | Year2Amt |
| Year3 | $54,219 | Year3Amt |
| Total | $1,106,526 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $948,021 | CurrentYearAmt |
| Year1 | $45,721 | Year1Amt |
| Year2 | $58,565 | Year2Amt |
| Year3 | $54,219 | Year3Amt |
| Total | $1,106,526 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $388,522 | CurrentYearAmt |
| Year1 | $1,613,125 | Year1Amt |
| Year2 | $1,646,672 | Year2Amt |
| Year3 | $1,645,226 | Year3Amt |
| Total | $5,293,545 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $388,522 | CurrentYearAmt |
| Year1 | $1,406,142 | Year1Amt |
| Year2 | $1,437,725 | Year2Amt |
| Year3 | $1,436,330 | Year3Amt |
| Total | $4,668,719 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DANIEL CHUDNOW | ContributingManagerNm |
| Contributing Manager | LOIS INFELD | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CEDARBURG LANDMARK PRESERVATION SOCIETY INC | |||||||
| PO BOX 127 | CEDARBURG | WI | 53012 | NONE | PC | DONATION OF MUSEUM ASSETS FOR EXHIBITION, AND FUNDS TO CATALOG, PHOTOGRAPH, TRANSPORT, STORE, DISPLAY, AND PROVIDE EXHIBITION SPACE FOR THE COLLECTION, AS WELL AS TO SUPPORT OTHER PURPOSES AS MAY BE NECESSARY FOR THE CONTINUED OPERATION OF THE CEDARBURG HISTORY MUSEUM AND THE CONTINUED DISPLAY OF THE CHUDNOW COLLECTION. | $869,405 |
| AMERICAN FRIENDS OF THE TEL AVIV UNIVERSITY | |||||||
| 8 WEST 40TH STREET FL 8 | NEW YORK | NY | 10018 | NONE | PC | GENERAL SUPPORT | $36,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $905,405 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MANAGEMENT FEES | Desc |
| Related Or Exempt Function Incm | $200 | RelatedOrExemptFunctionIncmAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 17 | ExclusionCd |
| Exclusion | $1,620 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | -$280,484 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 03 | ExclusionCd |
| Exclusion | $3,007 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $50 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$275,807 | ExclusionAmt |
| Related Or Exempt Function Incm | $200 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$275,607 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumberTxt |
| Relationship Statement | THE MUSEUM IS WINDING DOWN OPERATIONS, AND THE ONLY EXEMPT FUNCTION REVENUE IN THE CURRENT YEAR WAS A SMALL AMOUNT OF MANAGEMENT FEES RECEIVED. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMALL BUSINESS ADMINSTRATION (SBA) - PPP LOAN FORGIVENESS | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 3RD ST SW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20416 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $11,425 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $5,201 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,201 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Short ExplanationShortExplanationTxt | DissolutionDissolutionAmt |
|---|---|---|---|---|---|
| CEDARBURG LANDMARK PRESERVATION SOCIETY INC | |||||
| P O BOX 127 | CEDARBURG | WI | 53012 | MUSEUM ASSETS FOR EXHIBITION, AS WELL AS FUNDS TO CATALOG, PHOTOGRAPH, TRANSPORT, STORE, DISPLAY, AND PROVIDE EXHIBITION SPACE FOR THE COLLECTION, AS WELL AS TO SUPPORT OTHER PURPOSES AS MAY BE NECESSARY FOR THE CONTINUED OPERATION OF THE CEDARBURG HISTORY MUSEUM AND THE CONTINUED DISPLAY OF THE CHUDNOW COLLECTION. | $869,405 |
| AMERICAN FRIENDS OF THE TEL AVIV UNIVERSITY | |||||
| 8 WEST 40TH STREET FL 8 | NEW YORK | NY | 10018 | CASH | $36,000 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | SALE OF BUILDING | AssetDesc |
| How Acquired | PURCHASED | HowAcquiredTxt |
| Gross Sales Price | $830,000 | GrossSalesPriceAmt |
| Basis | $1,068,930 | BasisAmt |
| Basis Method | COST | BasisMethodTxt |
| Sales Expense | $41,554 | SalesExpenseAmt |
| Total Net | -$280,484 | TotalNetAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THERE WAS A SUBSTANTIAL CONTRACTION OF THE FOUNDATION DURING THE YEAR. ON DECEMBER 29, 2020, THE A. CHUDNOW AND SONS HISTORICAL MUSEUM, INC. ("CMY") ENTERED INTO AN AGREEMENT TO TRANSFER THE MAJORITY OF ITS COLLECTION OF ARTWORK, COLLECTIBLES, DISPLAY MATERIALS, AND RELATED ITEMS TO THE CEDARBURG LANDMARK PRESERVATION SOCIETY, INC. ("CHM" WHICH IS A PUBLIC CHARITY). IN ADDITION, CMY AGREED TO PROVIDE 50% OF THE SALES PROCEEDS FROM THE SALE OF CMY'S BUILDINGS TO CHM FOR PURPOSES OF SUPPORTING AND ENDOWING THE CMY COLLECTION AT CHM BY PROVIDING FUNDS TO CATALOG, PHOTOGRAPH, TRANSPORT, STORE, DISPLAY, AND PROVIDE EXHIBITION SPACE FOR THE CONTINUED DISPLAY OF THE CHUDNOW COLLECTION. BASED ON THE EVENTS OF COVID AND THE INCREASING OPERATING EXPENSES OF STAYING INDEPENDENT, CMY DETERMINED IT WAS IN THE BEST INTERESTS OF CONTINUING ITS EDUCATIONAL AND NOT-FOR-PROFIT ACTIVITIES IN CONJUNCTION WITH CHM TO LOWER OVERHEAD AND PROVIDE A BETTER OVERALL EXPERIENCE FOR THE USERS OF ITS COLLECTION. CMY WILL CONTINUE TO LIQUIDATE REMAINING ITEMS OF INVENTORY AND THE COLLECTION AS WELL AS COMPLETE THE SALE OF THE REAL ESTATE OVER THE NEXT 12 MONTHS. UPON LIQUIDATION, REMAINING ASSETS WILL BE DISTRIBUTED TO OTHER 501(C)(3) NOT-FOR-PROFIT ENTITIES. THE FOUNDATION EXPECTS TO COMPLETELY LIQUIDATE ASSETS WITHIN THE FISCAL YEAR ENDING 11/30/2022. | ExplanationTxt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT - CHUDNOWTILTON TRUST | $65,781 | $0 | $0 |
| INVESTMENT - AMC REALTY, LLC | $141,202 | $0 | $0 |
| MUSEUM INVENTORY | $518,694 | $35,000 | $35,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MUSEUM SUPPLIES | $176 | $0 | $176 | $0 |
| OFFICE SUPPLES | $744 | $0 | $744 | $0 |
| LICENSES AND FEES | $2,254 | $0 | $2,254 | $0 |
| MISC EXPENSE | $1,800 | $0 | $1,800 | $0 |
| MOVING EXPENSE | $5,002 | $0 | $5,002 | $0 |
| EXCESS EXPENSES | $0 | $0 | -$42,616 | $42,616 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| MANAGEMENT FEES | $200 | $200 |
| MISC INCOME | $50 | $50 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MANAGEMENT FEES | $100 | $0 | $100 | $0 |
| CONSULTANT FEES | $1,506 | $0 | $1,506 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FICA & MEDICARE | $3,693 | $0 | $2,769 | $0 |
| PROPERTY TAXES | $7,352 | $0 | $7,352 | $0 |
| SALES TAX | $47 | $0 | $47 | $0 |
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