2020-05-15T09:53:22-05:00 2019-06-30 390758449 WIPFLI LLP PO BOX 12237 GREEN BAY WI 543072237 990 2018-07-01 396076442 THE UNIVERSITY SCHOOL OF MILWAUKEE CORPORATION UNIV 4143526000 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 GREG SMITH TREASURER 4143526000 2020-05-01 1 TERRI REXRODE CPA MST P00096513 9206620016 2020-05-01 184.97.99.172 2020-05-01 11:12:26 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 7D2FE2EA17AC540A2D29D4112E82844D375299C1 2018 2021-01-29 14:40:06Z GREG SMITH 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 33972667 0 X WWW.USMK12.ORG X 1851 WI UNIVERSITY SCHOOL OF MILWAUKEE PROVIDES AN EXCEPTIONAL PK-12 INDEPENDENT SCHOOL EDUCATION IN A SUPPORTIVE, INCLUSIVE COMMUNITY BUILT ON THE FOUNDATION OF OUR COMMON TRUST. BY IGNITING A PASSION FOR LEARNING, LEADERSHIP, AND SERVICE, THE SCHOOL PREPARES EACH STUDENT - AS AN INDIVIDUAL - FOR SUCCESS IN HIGHER EDUCATION AND A LIFE OF PURPOSE. USM EMBRACES A TRADITION OF SUPERIOR ACADEMIC ACHIEVEMENT THROUGH A COMMITMENT TO EXPERTISE AND INNOVATION IN OUR SCHOOL. THE COMMON TRUST, THE BASIC PHILOSOPHY OF COMMUNITY BEHAVIOR AT UNIVERSITY SCHOOL OF MILWAUKEE, IS AT THE CORE OF THE SCHOOL'S GUIDING PRINCIPLES, AND IS EXPRESSED IN THE FOLLOWING PLEDGE: "WE, THE MEMBERS OF THE UNIVERSITY SCHOOL OF MILWAUKEE COMMUNITY, ACCEPT THE COMMON TRUST. WE AGREE TO RELATE TO ONE ANOTHER AND THE SCHOOL WITH RESPECT, TRUST, HONESTY, FAIRNESS, AND KINDNESS." 26 26 478 200 0 0 8680042 5114424 27819908 28166027 18499 129479 333424 269387 36851873 33679317 5275964 5506289 0 0 19007133 19172324 0 0 286926 8340242 9506663 32623339 34185276 4228534 -505959 59586952 58397596 6137982 5447692 53448970 52949904 X UNIVERSITY SCHOOL OF MILWAUKEE PROVIDES AN EXCEPTIONAL PK-12 INDEPENDENT SCHOOL EDUCATION IN A SUPPORTIVE, INCLUSIVE COMMUNITY BUILT ON THE FOUNDATION OF OUR COMMON TRUST. BY IGNITING A PASSION FOR LEARNING, LEADERSHIP, AND SERVICE, THE SCHOOL PREPARES EACH STUDENT - AS AN INDIVIDUAL - FOR SUCCESS IN HIGHER EDUCATION AND A LIFE OF PURPOSE. USM EMBRACES A TRADITION OF SUPERIOR ACADEMIC ACHIEVEMENT THROUGH A COMMITMENT TO EXPERTISE AND INNOVATION IN OUR SCHOOL. THE COMMON TRUST, THE BASIC PHILOSOPHY OF COMMUNITY BEHAVIOR AT UNIVERSITY SCHOOL OF MILWAUKEE, IS AT THE CORE OF THE SCHOOL'S GUIDING PRINCIPLES, AND IS EXPRESSED IN THE FOLLOWING PLEDGE: "WE, THE MEMBERS OF THE UNIVERSITY SCHOOL OF MILWAUKEE COMMUNITY, ACCEPT THE COMMON TRUST. WE AGREE TO RELATE TO ONE ANOTHER AND THE SCHOOL WITH RESPECT, TRUST, HONESTY, FAIRNESS, AND KINDNESS." 0 0 27600825 5506289 28166027 THE UNIVERSITY SCHOOL OF MILWAUKEE CORP IS A NONPROFIT INDEPENDENT SCHOOL PROVIDING PRE-KINDERGARTEN THROUGH TWELFTH GRADE EDUCATION. THE SCHOOL COMPLETED CONSTRUCTION ON CAPITAL IMPROVEMENTS IN THE SUMMER OF 2018 AND HAS PLANS TO INCREASE THE ENDOWMENT OVER THE NEXT FIVE YEARS. THIS WILL ALLOW THE SCHOOL TO POSITION ITSELF FOR FUTURE PROGRAM ENHANCEMENTS AND GROWTH. 27600825 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 62 0 478 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X JANELL SCHMIDT 4143526000 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 ANDREW PETZOLD PRESIDENT 5.00 1.00 X X 0 0 0 ANNE REED MEMBER 1.00 X 0 0 0 BRIGID MILLER MEMBER 1.00 X 0 0 0 BRUCE LEE MEMBER 1.00 X 0 0 0 CATHERINE ROBINSON MEMBER 1.00 X 0 0 0 CHARLES BRENNAN MEMBER 1.00 X 0 0 0 CHARLES MELLOWES MEMBER 1.00 X 0 0 0 ELMER MOORE JR MEMBER 1.00 X 0 0 0 ERSKINE TUCKER JR MEMBER 1.00 X 0 0 0 FREDERICK P STRATTON III MEMBER 1.00 1.00 X 0 0 0 GREGORY SMITH TREASURER 1.00 1.00 X X 0 0 0 JACKIE DARR MEMBER 1.00 X 0 0 0 JOHN BONNELL MEMBER 1.00 X 0 0 0 KARA NELSON MEMBER 1.00 X 0 0 0 KARIN WERNER SECRETARY 1.00 X X 0 0 0 LINDA MUTSCHLER MEMBER 1.00 X 0 0 0 MARY JANE MARTINEZ MEMBER 1.00 X 0 0 0 MELANIE BOOTH MEMBER 1.00 X 0 0 0 MICHAEL C WILLIAMS MEMBER 1.00 X 0 0 0 MICHAEL DARROW MEMBER 1.00 X 0 0 0 MICHAEL M GREBE MEMBER 1.00 X 0 0 0 MICHEL POKEL MEMBER 1.00 X 0 0 0 SARAH ZIMMERMAN VICE PRESIDENT 1.00 X X 0 0 0 STEPHEN GUY EXECUTIVE VICE PRESIDENT 1.00 X X 0 0 0 SUMEETA KRISHNANEY MEMBER 1.00 X 0 0 0 TAMORA MARTIN MEMBER 1.00 X 0 0 0 JANELL SCHMIDT DIRECTOR OF FINANCE 40.00 1.00 X 121659 0 15027 LAURA FULLER HEAD OF SCHOOL 40.00 1.00 X 496866 0 43624 GREGORY BACH ASSISTANT HEAD OF SCHOOL 40.00 X 188258 0 31591 MICHAEL TAUSCHER HEAD OF LOWER LEVEL 40.00 X 116528 0 65892 PAMELA NOSBUSCH HEAD OF MIDDLE SCHOOL 40.00 X 135807 0 30620 PATRICK TEVLIN CHIEF ADVANCEMENT OFFICER 40.00 1.00 X 157048 0 73413 STUART CUSHMAN HEAD OF UPPER SCHOOL 40.00 X 127007 0 46349 1343173 0 306516 10 0 1 0 CD SMITH CONSTRUCTION INC 889 E JOHNSON STREET PO BOX 1006 FOND DU LAC WI 54936 CONSTRUCTION SERVICES 5481854 FLIK COMPASS GROUP USA PO BOX 91337 CHICAGO IL 606931337 FOOD SERVICES 1250616 BUTTERS FETTING CO INC 1669 S 1ST ST MILWAUKEE WI 53204 INSTALL EQUIPMENT, SERVICE EQUIPMENT 455946 WORLDSTRIDES ATTN CINDY THOMAS PO BOX 9033 CHARLOTTESVILLE VA 22906 TRAVEL SERVICES 170188 UIHLEIN WILSON ARCHITECTS 322 EAST MICHIGAN STREET MILWAUKEE WI 53202 ARCHITECT 135908 7 18000 3247500 1848924 257287 5114424 TUITION & FEES 611600 26748287 26748287 AUXILIARY EDUCATIONAL PROGRAMS 611710 704351 704351 AUXILIARY ENTERPRISES 611710 661684 661684 STUDENT ACTIVITIES 611710 51705 51705 28166027 116872 116872 32729 20122 12607 12607 12607 241786 18000 46924 194862 194862 13870 2995 10875 10875 286959 223309 63650 63650 33679317 28166027 0 398866 5506289 5506289 668457 668457 14646766 11475907 3170859 980396 736556 243840 1809015 1389265 419750 1067690 802139 265551 7996 7996 2372495 2098112 131359 143024 198550 28554 169996 1174010 807035 306239 60736 271732 10837 260895 870548 852768 17780 223793 209465 14328 209099 147958 53252 7889 60882 81 58860 1941 2690617 2591047 99570 194472 194472 ENTERTAINMENT/SPECIAL E 143870 45609 46341 51920 1088599 704731 376780 7088 34185276 27600825 6297525 286926 8732076 3790434 102471 5860129 5992544 3415787 504853 569920 40352 52653 363262 408232 83977976 40017507 43512910 43960469 157171 166827 181313 173145 59586952 58397596 2983195 2196450 2076128 2028807 1078659 1222435 6137982 5447692 X 53190549 52821860 258421 128044 53448970 52949904 59586952 58397596 -505959 6893 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76128080 1598134 6728946 3613551 7000 80834609 70129430 2583539 6791767 3374936 1720 76128080 63992239 359432 9104627 3319268 7600 70129430 66689633 684501 -335824 3037871 8200 63992239 65773729 572969 3028194 2678759 6500 66689633 0.37320 0.18960 0.43720 0 1 1 6096966 6096966 54912276 27135561 27776715 9344815 2609105 6735710 12313050 9621470 2691580 1310869 651371 659498 43960469 AGENCY FUNDS 133573 DUE TO RELATED PARTY 108943 CAPITAL LEASE OBLIGATION 435759 DEFERRED COMPENSATION 544160 1222435 30609840 6893 6893 30602947 3076370 3076370 33679317 31108906 223309 223309 30885597 3299679 3299679 34185276 PART V, LINE 4: ENDOWMENT FUNDS ARE INVESTED FOR THE LONG-TERM, CREATING A PERMANENT SOURCE OF FUNDING FOR ONGOING PRIORITIES, SUCH AS INSTRUCTION, SCHOLARSHIP, AND OTHER PURPOSES. ONLY A PORTION OF THE INCOME EARNED ANNUALLY IS USED TO SUPPORT THESE PRIORITIES. THE BALANCE OF THE EARNING IS CHANNELED BACK INTO THE FUND, SO THAT THE ENDOWMENT CONTINUES TO GROW OVERTIME. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,299,679. AUXILIARY EXPENSES -223,309. PART XII, LINE 2D - OTHER ADJUSTMENTS: AUXILIARY EXPENSES 223,309. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 3,299,679. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 STATEMENT OF RACIALLY NON DISCRIMINATORY POLICY IS PUBLISHED IN THE MILWAUKEE JOURNAL SENTINEL. HOLIDAY SHOPS 259786 18000 241786 27698 19226 259786 18000 241786 27698 19226 46924 194862 1 TUITION REMISSION 129 2206610 FINANCIAL AID 239 2619871 MERIT SCHOLARSHIPS 59 679808 PART I, LINE 2: ALL FINANCIAL AID GRANTS AND SCHOLARSHIPS ARE MONITORED BY THE ADVANCEMENT DEPARTMENT TO ENSURE THAT THE FUNDS ARE USED IN THE MANNER SET BY DONOR OR ENDOWED FUND FOR WHICH THE GRANT WAS GIVEN. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 LAURA FULLER HEAD OF SCHOOL 381620 0 62500 0 52746 0 19250 0 24374 0 540490 0 0 0 GREGORY BACH ASSISTANT HEAD OF SCHOOL 187029 0 0 0 1229 0 12250 0 19341 0 219849 0 0 0 MICHAEL TAUSCHER HEAD OF LOWER LEVEL 116095 0 0 0 433 0 8612 0 57280 0 182420 0 0 0 PAMELA NOSBUSCH HEAD OF MIDDLE SCHOOL 135772 0 0 0 35 0 9979 0 20641 0 166427 0 0 0 PATRICK TEVLIN CHIEF ADVANCEMENT OFFICER 156430 0 0 0 618 0 11344 0 62069 0 230461 0 0 0 STUART CUSHMAN HEAD OF UPPER SCHOOL 126440 0 0 0 567 0 8860 0 37489 0 173356 0 0 0 PART I, LINE 1A LAURA FULLER, THE HEAD OF THE SCHOOL, IS REQUIRED TO LIVE AND TO CONDUCT SOME BUSINESS IN A HOUSE THAT IS PROVIDED BY THE UNIVERSITY SCHOOL OF MILWAUKEE PER HER CONTRACT. HOUSEKEEPING AND YARD MAINTENANCE ARE ALSO PROVIDED. THIS IS NOT INCLUDED IN TAXABLE COMPENSATION. X 44 257287 SELLING PRICE 0 1 1 PART I, LINE 32B: BROKERS ARE USED TO SELL STOCKS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE AUDIT COMMITTEE AND IS MADE AVAILABLE FOR REVIEW TO THE BOARD OF TRUSTEES THROUGH A SECURE PORTAL. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE RESPONSIBILITY OF THE PERSON INVOLVED OR ANY OTHER PERSON WITH KNOWLEDGE TO NOTIFY IN WRITING, THE BOARDS COMMITTEE ON TRUSTEES OF THE CIRCUMSTANCES RESULTING IN THE POTENTIAL CONFLICT SO THAT SUCH COMMITTEE CAN PROVIDE GUIDANCE AND TAKE ACTION AS IT DEEMS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL IS COMPARED AGAINST A BENCHMARK MADE UP OF 8 SIMILAR INDEPENDENT SCHOOLS. THE COMPENSATION COMMITTEE REVIEWS THE BENCHMARK TO DETERMINE THAT THE COMPENSATION LEVEL IS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED. UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUND INC 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 455276699 SUPPORT THE UNIVERSITY SCHOOL OF MILWAUKEE WI 501(C)(3) LINE 12A, I THE UNIVERSITY SCHOOL OF MILWAUKEE CORP 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUND INC C 3247500 COST