2021-05-17T13:35:39-05:00 2020-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2019-07-01 440546278 KANSAS CITY ART INSTITUTE % BRIAN HENKE KANS 8168023431 4415 WARWICK BLVD KANSAS CITY MO 64111 BRIAN HENKE CHIEF FINANCIAL OFFI 8168023431 2021-05-15 true Michael J Engle P00482834 8162216300 2019 2022-09-23 18:48:47Z TONY JONES 4415 WARWICK BLVD KANSAS CITY MO 64111 56647836 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. 29 29 659 29 -3265 -3265 8099056 6190903 26481099 28862143 3391330 2364792 128703 366768 38100188 37784606 12227152 16095869 0 0 12793589 13248123 13772 16365 665104 8352755 8810724 33387268 38171081 4712920 -386475 160830717 162689399 31737568 32958105 129093149 129731294 X SEE SCHEDULE O false false 32271974 16095869 28315192 THE COLLEGE PROVIDED EDUCATIONAL PROGRAMS TO APPROXIMATELY 695 FALL AND 641 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. 459995 491871 THE COLLEGE PROVIDED CONTINUING AND PROFESSIONAL EDUCATION COURSES FOR BOTH DEGREE AND NON-DEGREE SEEKING STUDENTS FOR EVENINGS, WEEKENDS, SUMMER, ADULT, CHILDREN, CLASSES AND TRAVEL PROGRAMS. 32731969 true true false false false false false true false true true true false false true false true false true false false false false false false false false false true true true false false false false false false false false false false false false false false true false false false false true 88 0 true 659 true true true false false false false true true false false false false false false X 29 29 true false false false false false false true true false false true true true true true true true true false MO X BRIAN HENKE 8168023431 4415 WARWICK BLVD KANSAS CITY MO 64111 X TONY JONES PRESIDENT 40.0 0.0 X 266000 0 42782 BAMBI BURGARD EXEC. VP FOR AA 40.0 0.0 X 176554 0 16759 NICOLLE RATLIFF EXEC. VP FOR ADVANCEMENT 40.0 0.0 X 158880 0 16924 LAURA SNOW - LEFT 6302019 EXEC. VP FOR ADMIN./CFO 0.0 0.0 X 164430 0 10017 MILTON KATZ VICE PRESIDENT OF AA 40.0 0.0 X 138552 0 16381 KAREN TOWNSEND VP ENROLL MANAGEMENT 40.0 0.0 X 118122 0 15204 EMILY HESS VP ADV & GENERAL COUNSEL 40.0 0.0 X 113041 0 15024 GINA GOLBA VP & DEAN OF STUDENTS 40.0 0.0 X 107679 0 13236 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 FRANK URYASZ TRUSTEE-CHAIRMAN 1.0 0.0 X X 0 0 0 HERB 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 JULIAN ZUGAZAGOITIA 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 MARK J SPENCER TRUSTEE 1.0 0.0 X 0 0 0 MEGAN WYETH TRUSTEE 1.0 0.0 X 0 0 0 NANCY LEE KEMPER TRUSTEE 1.0 0.0 X 0 0 0 PAM WOODARD TRUSTEE 1.0 0.0 X 0 0 0 SUSAN SEIDLER NERMAN TRUSTEE - VICE CHAIR 1.0 0.0 X X 0 0 0 THOMAS DOWLING TRUSTEE - SECRETARY 1.0 0.0 X X 0 0 0 TRACIE TEMPEL TRUSTEE 1.0 0.0 X 0 0 0 HENRY J HERRMANN TRUSTEE 1.0 0.0 X 0 0 0 FRANK J WEWERS 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 PAULINE VERBEEK-COWART FACULTY TRUSTEE 1.0 0.0 X 0 0 0 MURRAY WOODARD II TRUSTEE 1.0 0.0 X 0 0 0 BRIAN HENKE - STARTED 052020 EVP ADMINISTRATION/CFO 40.0 0.0 X 0 0 0 1243258 0 146327 8 true true false AL HUBER INC 10770 EL MONTE OVERLAND PARK KS 66211 CONSTRUCTION 5760674 GREAT WESTERN DINING SERVICES INC PO BOX 699 TIPTON MO 65081 FOOD SERVICES 633219 JE DUNN CONSTRUCTION CO 1001 LOCUST ST KANSAS CITY MO 64106 CONSTRUCTION 12760491 MCCOWN GORDON CONSTRUCTION 422 ADMIRAL BLVS STE 100 KANSAS CITY MO 64106 CONSTRUCTION 6515775 WINBURY REALTY OF KC LLC 4520 MAIN STREET SUITE 1000 KANSAS CITY MO 64111 PROPERTY MANAGEMENT 580147 25 0 2384119 3806784 0 6190903 Tuition and Fees 611600 26990414 26990414 Dormitory Income 721310 1438214 1438214 Food Service Revenue 722513 433515 433515 28862143 304668 304668 0 0 0 0 0 18028109 2636032 17975724 628293 52385 2007739 2060124 2060124 0 0 7625 -7625 -7625 0 0 0 196508 251588 -55080 -55080 MISCELLANEOUS INCOME 900099 172405 172405 PARTNERSHIP INCOME 900099 257068 -3265 260333 429473 37784606 28807063 -3265 2789905 0 16095869 16095869 0 0 323806 97142 226664 0 9978605 7783312 1796149 399144 368465 287402 66324 14739 1844134 1438425 331944 73765 733113 571828 131960 29325 0 108258 108258 93126 93126 0 16365 16365 125041 125041 1442649 772095 670554 91978 64694 23447 3837 1000148 698401 275780 25967 510377 454427 25603 30347 0 1148802 896066 206784 45952 162071 157115 3310 1646 0 14135 9767 2253 2115 880162 770142 110020 0 2031150 1777256 253894 232653 181469 41878 9306 Special Programs 9885 9885 Dues and Subscriptions 149093 112847 35642 604 Events and Awards 56187 53979 2208 Bad Debt 48029 48029 706980 451819 243169 11992 38171081 32731969 4774008 665104 20764151 1690524 564266 1068649 7334614 4665407 150590 284185 0 0 0 0 0 0 121979 120000 187083 44399 101096991 20991344 54251937 80105647 46948685 45121903 25426981 24694477 1437417 1265441 0 0 3643014 3628767 160830717 162689399 4807746 4091617 0 0 695190 3457824 24422013 24272703 0 0 0 0 0 0 0 0 1812619 1135961 31737568 32958105 X 42321355 47092656 86771794 82638638 129093149 129731294 160830717 162689399 -386475 1024620 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 947962 X X X TEACHING COLLECTION - STUDENT USE true false 72375666 1518614 3956011 121889 69816380 68719639 1003650 5254583 2433310 168896 72375666 63989235 1950756 5444314 2406010 258656 68719639 56832309 2149718 7414173 2140595 266370 63989235 54490317 4960360 -392707 2027811 197850 56832309 0.04900 0.62280 0.32820 true false 1996003 1996003 77771165 19330582 58440583 2179947 1660762 519185 19149876 0 19149876 80105647 ALTERNATIVE INVESTMENTS 24694477 F 24694477 0 Refundable Loan Programs 1135961 1135961 23188660 1024620 259213 1283833 21904827 125041 15754738 15879779 37784606 22550515 259213 259213 22291302 125041 15754738 15879779 38171081 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 $ 7,625 COST OF GOODS SOLD 251,588 --------- TOTAL $ 259,213 LINE 4B: SCHOLARSHIPS $ 13,835,319 PASS-THROUGH GRANTS RECEIVED 1,919,419 ---------- $ 15,754,738 SCHEDULE D, PART XII, LINES 2D & 4B LINE 2D: FUNDRAISING EVENT EXPENSES $ 7,625 COST OF GOODS SOLD 251,588 --------- TOTAL $ 259,213 LINE 4B: SCHOLARSHIPS $ 13,835,319 PASS-THROUGH GRANTS PAID 1,919,419 ---------- $ 15,754,738 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 POLICY IS PUBLISHED ON THE FOLLOWING: ADMISSIONS VIEWBOOK BROCHURE KCAI WEBSITE CONSUMER INFORMATION KCAI WEBSITE COMPLIANCE PAGE 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 true KCAI INSTITUTIONAL SCHOLARSHIPS 697 13904977 PELL GRANTS 309 1471502 FSEOG 153 156400 MISSOURI ACCESS GRANT 144 282640 BRIGHT FLIGHT 17 48000 HEERF STUDENT GRANTS 309 232350 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 X true false false false false false false false false TONY JONES PRESIDENT 244856 0 0 0 21144 0 33350 0 9432 0 308782 0 BAMBI BURGARD EXEC. VP FOR AA 173098 0 0 0 3456 0 8827 0 7932 0 193313 0 MILTON KATZ VICE PRESIDENT OF AA 138441 0 0 0 111 0 6928 0 9453 0 154933 0 NICOLLE RATLIFF EXEC. VP FOR ADVANCEMENT 158567 0 0 0 313 0 7944 0 8980 0 175804 0 LAURA SNOW - LEFT 6302019 EXEC. VP FOR ADMIN./CFO 101753 0 0 0 62677 0 4714 0 5303 0 174447 0 SCHEDULE J, PART I, LINE 1A A HOUSING ALLOWANCE is PROVIDED TO THE PRESIDENT AND REPORTED ON HIS W-2 AS TAXABLE INCOME. SCHEDULE J, PART I, LINE 4A LAURA SNOW $51,421 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 true true false 0 false false false true A false true true false 0 false 0 false 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 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 FACILITIES, AND BY STIMULATING ACTIVE PUBLIC AWARENESS, SUPPORT, AND PARTICIPATION IN THE VISUAL ARTS AND DESIGN. FORM 990, PART VI, SECTION A, LINE 2 HERBERT KOHN AND JOSH ROWLAND HAVE A BUSINESS RELATIONSHIP. KRISTIN GOODMAN AND JAY TOMLINSON HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11A & 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 DIRECTOR 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 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 BLVD KANSAS CITY MO 64111 261566435 R.E. HOLDING MO 0 KCAI