2018-02-09T10:47:59-06:00 2017-06-30 390758449 Wipfli LLP PO Box 12237 Green Bay WI 543072237 990 2016-07-01 396076442 The University School of Milwaukee Corporation UNIV 4143526000 2100 W Fairy Chasm Road Milwaukee WI 53217 Greg Smith Treasurer 4143526000 2018-01-29 1 Terri Rexrode CPA MST P00096513 9206620016 2018-01-29 74.87.127.142 2018-01-29 16:24:29 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A43ECD1EE6AF4781A69F6BFA161A98BDE8FA2C07 2016 2021-01-29 14:40:06Z Greg Smith 2100 W Fairy Chasm Road Milwaukee WI 53217 38823297 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." 27 27 470 200 0 0 7068095 11641365 25275537 26597631 14689 4861 253658 171597 32611979 38415454 4464243 4756059 0 0 17421273 17439921 0 0 273422 7863419 8422034 29748935 30618014 2863044 7797440 45390219 54353496 3995608 5142593 41394611 49210903 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 24760701 4756059 26597631 The University School of Milwaukee Corp is a Not-For-Profit Independent School providing pre-kindergarten through twelfth grade education. School enrollment has been at more than 1,100 students for five straight years, with two years of record enrollment in that time. The School started construction on capital improvements in Spring 2017 and plans to increase the endowment over the next five years. This will allow the School to position itself for future program enhancements and growth. 24760701 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 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 57 1 1 470 1 0 0 0 0 0 0 0 0 0 0 X 27 27 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 Melanie Booth Member 1.00 X 0 0 0 Susan Brennan member 1.00 X 0 0 0 Michael M Grebe Member 1.00 X 0 0 0 Stephen Guy Member 1.00 X 0 0 0 Patricia Hoben Member 1.00 X 0 0 0 Jon Hopkins Member 1.00 X 0 0 0 Karen Huffman Member 1.00 X 0 0 0 Sangeeta Khanna secretary 1.00 X X 0 0 0 Tamora Martin Member 1.00 X 0 0 0 James O'Reilly member 1.00 X 0 0 0 Charles Mellowes Member 1.00 X 0 0 0 Linda Mutschler Member 1.00 X 0 0 0 Catherine Robinson Member 1.00 X 0 0 0 Frederick P Stratton III Member 1.00 1.00 X 0 0 0 Erskine Tucker Jr Member 1.00 X 0 0 0 Karin Werner Member 1.00 X 0 0 0 Michael C Williams Member 1.00 X 0 0 0 Richard Seesel member 5.00 1.00 X 0 0 0 Stephen F Geimer member 5.00 X 0 0 0 jackie darr member 1.00 X 0 0 0 michael darrow member 1.00 X 0 0 0 jason holton member 1.00 X 0 0 0 mary jane martinez member 1.00 X 0 0 0 charles brennan member 1.00 X 0 0 0 Andrew Petzold president 5.00 X X 0 0 0 Gregory Smith treasurer 1.00 X X 0 0 0 Sarah Zimmerman vice president 1.00 X X 0 0 0 Laura Fuller Head of School 40.00 1.00 X 430855 0 42509 Janell Schmidt Director of Finance 40.00 1.00 X 114673 0 16108 Stuart Cushman Head of Upper School 40.00 X 119574 0 17246 Gregory Bach Assistant Head of School 40.00 X 160558 0 39015 Pamela Nosbusch Head of Middle School 40.00 X 127138 0 32806 Patrick Tevlin Chief advancement officer 40.00 X 148383 0 50486 judy bloch learning center/summer programs head 40.00 X 114899 0 20203 1216080 0 218373 9 0 1 0 FLIK Compass Group USA PO Box 91337 Chicago IL 606931337 Food Services 1009747 hunzinger construction co 2110 enterprise ave brookfield WI 53045 construction services 417779 uihlein wilson architects 322 east michigan street milwaukee WI 53202 architect 408689 Worldstrides Attn Cindy Thomas PO Box 9033 Charlottesville VA 22906 Travel Services 139850 4 22252 3002400 8616713 649422 11641365 Tuition & Fees 611600 25187734 25187734 auxiliary Educational Programs 611710 757788 757788 auxiliary Enterprises 611710 615875 615875 Student Activities 611710 36234 36234 26597631 4361 4361 500 0 500 500 500 257396 22252 80205 177191 177191 17565 10713 6852 6852 304479 316925 -12446 -12446 38415454 26597631 0 176458 4756059 4756059 603119 603119 13421003 10350642 3020361 50000 887297 657627 229670 1533467 1179985 353482 995035 737478 257557 27406 27406 2295352 2082738 83200 129414 167282 37971 129311 1098372 798648 273320 26404 264518 18192 246326 822244 807709 14535 206378 198453 7925 209897 151689 58208 50891 104 50787 2222923 2128551 94372 168331 168331 Entertainment/Special E 133104 32256 40140 60708 755336 654268 94172 6896 30618014 24760701 5583891 273422 7119613 12319901 78864 102110 2586530 5851950 465023 500358 69049 49314 463115 522772 70434504 35767480 34255258 34667024 65615 155125 77731 209421 184942 45390219 54353496 2273897 2516921 1698797 2383741 22914 241931 3995608 5142593 X 41089739 48940748 304872 270155 41394611 49210903 45390219 54353496 7797440 18852 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63992239 359432 9104627 3319268 7600 70129430 66689633 684501 -335824 3037871 8200 63992239 65773729 572969 3028194 2678759 6500 66689633 54377897 3871509 10321116 2789093 7700 65773729 48233414 1023505 7724586 2597058 6550 54377897 0.34890 0.20930 0.44180 0 1 1 5666712 5666712 43400477 24140148 19260329 8446353 2025773 6420580 10144560 8948518 1196042 2776402 653041 2123361 34667024 Agency Funds 88003 due to related party 940 Capital Lease Obligation 152988 241931 35744784 18852 18852 35725932 2689522 2689522 38415454 27928492 0 27928492 2689522 2689522 30618014 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 3,006,447. Auxiliary Expenses -316,925. Part XII, Line 4b - Other Adjustments: Financial Aid 3,006,447. Auxiliary Expense -316,925. 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 279648 22252 257396 27796 20410 279648 22252 257396 27796 20410 48206 209190 17565 10000 713 1 1.00000 17565 10000 713 10713 6852 WI 1 0 0 0 1.00000 Janell Schmidt 2100 W Fairy Chasm Road Milwaukee WI 53217 0 Janell Schmidt 0 Provides the recordkeeping for the gaming operations. X 0 1 Financial Aid 228 2577545 Tuition Remission 112 1749612 Merit Scholarships 34 428902 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 346623 0 32500 0 51732 0 18550 0 23959 0 473364 0 0 0 Gregory Bach Assistant Head of School 159494 0 0 0 1064 0 11628 0 27387 0 199573 0 0 0 Pamela Nosbusch Head of Middle School 126097 0 0 0 1041 0 9395 0 23411 0 159944 0 0 0 Patrick Tevlin Chief advancement officer 147673 0 0 0 710 0 10675 0 39811 0 198869 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. X 30 649422 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 53 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 from the prior year. 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 3002400 Cost