2021-02-10T10:22:09-06:00 2020-03-31 390919055 RITZ HOLMAN LLP 330 E KILBOURN AVE SUITE 550 MILWAUKEE WI 53202 990 2019-04-01 391862290 TEN CHIMNEYS FOUNDATION INC TENC 2629684161 PO BOX 225 GENESEE DEPOT WI 53127 RANDY BRYANT PRESIDENT/CEO 2629684161 2021-02-10 1 DIANA G LUTTMANN P01075770 4142711451 2021-02-10 2019 2022-09-23 18:48:47Z RANDY BRYANT PO BOX 225 GENESEE DEPOT WI 53127 2220994 0 X WWW.TENCHIMNEYS.ORG X 1996 WI TO PRESERVE AND SHARE THE BUILDINGS, FURNISHINGS, COLLECTIONS AND GROUNDS OF TEN CHIMNEYS. 25 25 8 196 0 0 917779 1550081 160849 145406 -86440 -758 22221 503398 1014409 2198127 0 0 0 0 349017 368496 0 0 84054 546662 562754 895679 931250 118730 1266877 4004575 4995678 1612308 1339351 2392267 3656327 TEN CHIMNEYS FOUNDATION PRESERVES AND SHARES THEATRE LEGENDS ALFRED LUNT AND LYNN FONANNE'S HISTORIC ESTATE, SERVES AMERICAN THEATRE, AND OFFERS PUBLIC PROGRAMS IN KEEPING WITH THE LUNTS' INTERESTS AND VALUES. 0 0 781435 152654 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. 781435 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 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 JAMSHED PATEL 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 @ 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 197050 0 0 197050 0 0 1 0 1 0 0 68800 1481281 554722 1550081 PUBLIC TOURS 561520 94200 94200 ARTS/EDUCATIONAL PROGR 711300 36505 36505 RENTAL INCOME 900099 14701 14701 145406 -758 -758 0 68800 17595 -17595 -17595 12520 5272 7248 7248 PROCEEDS FROM FLOOD 900099 513745 513745 513745 2198127 152654 0 495392 203509 159890 15331 28288 127503 100175 9605 17723 16380 13203 816 2361 21104 17060 1039 3005 8950 8950 12406 12406 20554 13702 6852 59075 54642 2570 1863 107083 105825 839 419 9674 938 155 8581 1515 1515 74787 68804 3739 2244 106318 89307 6379 10632 43744 42738 350 656 LUNT-FONTANNE FELLOWSHI 67974 67974 PUBLIC PROGRAMS 22836 22836 PRESERVATION AND COLLEC 13010 13010 SHUTTLE SERVICE 5424 5424 9404 5907 2067 1430 931250 781435 65761 84054 571388 535053 47636 954831 122418 422657 75000 32546 29942 18138 16850 10629348 7659739 3107896 2969609 29553 66736 4004575 4995678 221387 23204 2755 14735 1388166 1301412 1612308 1339351 X 2262214 3074491 130053 581836 2392267 3656327 4004575 4995678 X 1266877 -2817 X 0 1 X 1 0 X 629190 607765 652727 798354 1481281 4169317 629190 607765 652727 798354 1481281 4169317 1114112 3055205 577 216 234 586 -757 856 47174 49082 40501 26638 12520 175915 4346088 1007813 0.70300 0.84210 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: RENTAL INCOME - 2015 AMOUNT: $ 5,870. 2016 AMOUNT: $ 8,723. 2017 AMOUNT: $ 7,096. SALE OF INVENTORY GROSS PROFIT - 2015 AMOUNT: $ 40,932. 2016 AMOUNT: $ 39,092. 2017 AMOUNT: $ 32,025. 2018 AMOUNT: $ 25,009. 2019 AMOUNT: $ 12,520. OTHER - 2015 AMOUNT: $ 372. 2016 AMOUNT: $ 1,267. 2017 AMOUNT: $ 1,380. 2018 AMOUNT: $ 1,629. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 29553 40000 -2292 525 66736 30000 341 788 29553 0.57000 0.43000 1 0 468102 468102 5210568 3784454 1426114 3179891 3064666 115225 1770787 810619 960168 2969609 X 1778131 91294 2455 93749 1684382 513745 513745 2198127 1027816 91294 5272 96566 931250 0 931250 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, 2020, 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: COST OF GOODS SOLD 5,272. BENEFICIAL INTEREST INVESTMENT RETURN -2,817. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSURANCE PROCEEDS 513,745. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,272. GALA 68800 68800 68800 68800 X X X X 0 0 0 0 0 0 0 1 0 RANDY BRYANT PRESIDENT/CEO 169850 0 27200 0 0 0 0 0 0 0 197050 0 0 0 PART I, LINE 7 A BONUS WAS PROVIDED TO THE PRESIDENT/CEO BASED ON PERFORMANCE. X 1 516722 FMV X 1 38000 FMV 1 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - 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 -2,817.