2014-05-12T15:16:43-05:00 2013-06-30 390758449 WIPFLI LLP 10000 INNOVATION DRIVE SUITE 250 MILWAUKEE WI 532264837 990 2012-07-01 396076442 THE UNIVERSITY SCHOOL OF MILWAUKEE CORPORATION UNIV 4143526000 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 STEVE GEIMER 4143526000 2014-03-12 1 DAVE GLOBIG P01356041 4144319300 2014-03-12 2012 2015-11-30 17:44:51Z STEVE GEIMER 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 27791119 0 X WWW.USMK12.ORG X 1851 WI PROVIDE AN OUTSTANDING COLLEGE-PREPARATORY EDUCATION THAT DEVELOPS STUDENTS' ACADEMIC POTENTIAL, FOSTERS THEIR PERSONAL GROWTH, AND ENCOURAGES THEM TO BE LIFE-LONG LEARNERS; SUPPORT STUDENTS AS THEY BECOME PROGRESSIVELY INDEPENDENT AND GROW INTELLECTUALLY, EMOTIONALLY, ETHICALLY, SOCIALLY, AND PHYSICALLY; CREATE MEANINGFUL OPPORTUNITIES FOR STUDENTS TO ACQUIRE KNOWLEDGE AND SKILLS, PURSUE INTERESTS, AND DEVELOP LEADERSHIP IN ACADEMICS, THE ARTS, ATHLETICS, AND SERVICE; CULTIVATE THE VALUE OF COMMUNITY AMONG STUDENTS, THEIR FAMILIES, ALUMNI, FACULTY, AND STAFF AND INSTILL IN STUDENTS AN APPRECIATION FOR INDIVIDUALS AND THEIR DIVERSITY; AND BUILD A LIFETIME FOUNDATION THAT PREPARES STUDENTS TO MAKE GOOD DECISIONS, CONTRIBUTE TO SOCIETY, AND ENJOY REWARDING LIVES. WITH AN ENGAGING AND HIGHLY-SKILLED FACULTY IN AN EXCEPTIONAL FACILITY, THE SCHOOL REPRESENTS THE BEST IN PREKINDERGARTEN THROUGH TWELFTH GRADE INDEPENDENT EDUCATION. 23 23 553 23 0 0 5675967 5197263 20699940 22010016 1358 1052 232273 255956 26609538 27464287 2847824 3308715 0 0 17425416 15924318 0 0 372813 6166138 6651658 26439378 25884691 170160 1579596 40646825 41151693 5531368 4437215 35115457 36714478 X PROVIDE AN OUTSTANDING COLLEGE-PREPARATORY EDUCATION THAT DEVELOPS STUDENTS' ACADEMIC POTENTIAL, FOSTERS THEIR PERSONAL GROWTH, AND ENCOURAGES THEM TO BE LIFE-LONG LEARNERS; SUPPORT STUDENTS AS THEY BECOME PROGRESSIVELY INDEPENDENT AND GROW INTELLECTUALLY, EMOTIONALLY, ETHICALLY, SOCIALLY, AND PHYSICALLY; CREATE MEANINGFUL OPPORTUNITIES FOR STUDENTS TO ACQUIRE KNOWLEDGE AND SKILLS, PURSUE INTERESTS, AND DEVELOP LEADERSHIP IN ACADEMICS, THE ARTS, ATHLETICS, AND SERVICE; CULTIVATE THE VALUE OF COMMUNITY AMONG STUDENTS, THEIR FAMILIES, ALUMNI, FACULTY, AND STAFF AND INSTILL IN STUDENTS AN APPRECIATION FOR INDIVIDUALS AND THEIR DIVERSITY; AND BUILD A LIFETIME FOUNDATION THAT PREPARES STUDENTS TO MAKE GOOD DECISIONS, CONTRIBUTE TO SOCIETY, AND ENJOY REWARDING LIVES. WITH AN ENGAGING AND HIGHLY-SKILLED FACULTY IN AN EXCEPTIONAL FACILITY, THE SCHOOL REPRESENTS THE BEST IN PREKINDERGARTEN THROUGH TWELFTH GRADE INDEPENDENT EDUCATION. 0 0 20429968 3308715 22010016 THE UNIVERSITY SCHOOL OF MILWAUKEE CORP IS A NOT-FOR-PROFIT INDEPENDENT SCHOOL PROVIDING PRE-KINDERGARTEN THROUGH TWELFTH GRADE EDUCATION. UNIVERSITY SCHOOL ENROLLMENT HAS BEEN INCREASING STEADILY SINCE 2010. WITH THE LOYAL SUPPORT OF PARENTS, FACULTY, AND ALUMNI, THE UNIVERSITY SCHOOL HAS BEEN ABLE TO IMPROVE OUR ATHLETIC FACILITIES BY CONVERTING THREE FIELDS TO TURF AND IS IN THE PROCESS OF UPDATING THE ICE RINK MECHANICALS IN ADDITION TO BUILDING A SHOOTING AREA. 20429968 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 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 24 0 1 553 1 0 0 0 0 0 0 0 0 0 0 X 23 23 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 MR MICHAEL ROTH 5.00 1.00 X X 0 0 0 MR RICHARD SEESEL 5.00 X X 0 0 0 MRS GILLIAN STEWART 5.00 X X 0 0 0 MS ANN REINKE 5.00 X X 0 0 0 MR STEPHEN F GEIMER 5.00 1.00 X X 0 0 0 MS DANAE DAVIS 1.00 X 0 0 0 MS DEANNA DOERR 1.00 X 0 0 0 MR THOMAS FLORSHEIM JR 1.00 1.00 X 0 0 0 MR R DAVID FRITZ 1.00 X 0 0 0 MR JON HOPKINS 1.00 X 0 0 0 MRS KAREN HUFFMAN 1.00 X 0 0 0 MRS PATRICIA JURANITCH 1.00 X 0 0 0 MRS SANGEETA KHANNA 1.00 X 0 0 0 MRS LAURA LEVERETT 1.00 X 0 0 0 MRS LINDA MUTSCHLER 1.00 X 0 0 0 DR WILLIAM PENNINGTON 1.00 X 0 0 0 MR ANDREW PETZOLD 1.00 X 0 0 0 MR MICHAEL ROOS 1.00 X 0 0 0 MRS MARINA ROSENBERG 1.00 X 0 0 0 DR ANTHONY ROSS 1.00 X 0 0 0 MR FREDERICK P STRATTON III 1.00 X 0 0 0 MR ERSKINE TUCKER JR 1.00 X 0 0 0 MR ADAM WIENSCH 1.00 X 0 0 0 LAURA FULLER 40.00 1.00 X 284592 0 54664 ROSEANN LYONS 40.00 X 120373 0 17681 GREGORY BACH 40.00 X 127058 0 62740 CHARLES JOHNS 40.00 X 103246 0 43112 635269 0 178197 4 0 1 0 PRO GRASS LLC 960 PENN AVENUE 8TH FLOOR PITTSBURGH PA 15222 CONSTRUCTION 754009 SCHNEIDER EXCAVATING INC 20079 W MAIN ST LANNON WI 53046 EXCAVATING 455362 SOUTHERN BLEACHER CO 801 5TH ST GRAHAM TX 76450 CONSTRUCTION 263320 PAYNE & DOLAN INC 10425 W NORTH AVE MILWAUKEE WI 53226 CONSTRUCTION 172175 WORLDSTRIDES 218 WEST WATER ST CHARLOTTESVILLE VA 22902 EDUCATIONAL TRAVEL 138479 6 2599358 2597905 219827 5197263 TUITION & FEES 611600 20721933 20721933 AUXILARY EDUCATIONAL PROGRAMS 611600 755270 755270 AUXILARY ENTERPRISES 611600 507894 507894 STUDENT ACTIVITIES 611600 24919 24919 22010016 1052 1052 268869 97088 171781 171781 12502 3070 9432 9432 254318 226674 27644 27644 RECOVERY OF BAD DEBT 900099 47099 47099 47099 27464287 22010016 0 257008 3308715 3308715 635269 635269 11849042 8915629 2779136 154277 3440007 2440830 907110 92067 54858 54858 476504 382714 84823 8967 224841 33662 191179 869738 633411 166106 70221 216572 216572 726801 726801 193866 188288 5578 162038 122493 37415 2130 40255 84 40171 2125603 1895248 230355 150122 150122 FOOD 353764 353764 ENTERTAINMENT/SPECIAL E 85654 35313 23817 26524 ANNUITY LIABILITY LOSS 19186 19186 951856 588439 350368 13049 25884691 20429968 5081910 372813 540097 815703 71002 78642 3020612 2488016 359205 304991 29864 66909 263441 252951 64291292 27498422 36011137 36792870 151887 255596 199580 96015 40646825 41151693 2211637 1946453 1635927 1777433 800000 0 883804 713329 5531368 4437215 X 30030478 35401389 5084979 1313089 35115457 36714478 40646825 41151693 1579596 19425 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 48233414 1023505 7724586 2597058 6550 54377897 47415156 2930986 641405 2748308 5825 48233414 41064823 323232 8716245 2682794 6350 47415156 38809222 858957 4153852 2751928 5280 41064823 53116783 126730 -11630100 2797991 6200 38809222 0.38770 0.41410 0.19820 0 1 1 5489623 5489623 43400477 18531360 24869117 5047666 891690 4155976 8487301 7247688 1239613 1866225 827684 1038541 36792870 DEFERRED COMPENSATION 92841 AGENCY FUNDS 125796 DUE TO RELATED PARTY 494692 713329 X 25348070 19425 226674 246099 25101971 2362316 2362316 27464287 23749049 226674 226674 23522375 2362316 2362316 25884691 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE INVESTED FOR THE LONG-TERM, CREATING A PERMANENT SOURCE OF FUNDING FOR ONGOING PRIORITIES, SUCH AS FINANCIAL AID, FACULTY AND STAFF SUPPORT, AND FACILITIES MAINTENANCE. 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE BENEFITS OF A TAX POSITION ONLY AFTER DETERMINING WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THE TAX POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECORDED NO ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS IN 2013 AND 2012. FEDERAL INCOME TAX RETURNS FOR THE TAX YEARS 2010 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: AUXILIARY EXPENSES 226,674. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,296,031. BAD DEBT RECOVERY 47,099. ANNUITY LIABILITY LOSS 19,186. PART XII, LINE 2D - OTHER ADJUSTMENTS: AUXILIARY EXPENSES 226,674. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,296,031. BAD DEBT RECOVERY 47,099. ANNUITY LIABILITY LOSS 19,186. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 STATEMENT OF RACIALLY NON DISCRIMINATORY POLICY IS PUBLISHED IN THE MILWAUKEE JOURNAL SENTINEL. HOLIDAY SHOPS 268869 268869 21044 76044 268869 268869 21044 76044 97088 171781 1 FINANCIAL AID 255 2165196 TUITION REMISSION 75 1012684 MERIT SCHOLARSHIP 15 130835 X X 1 1 X X X 0 0 0 0 0 0 0 0 0 LAURA FULLER 284592 0 0 0 0 0 15270 0 39394 0 339256 0 0 0 GREGORY BACH 127058 0 0 0 0 0 6597 0 56143 0 189798 0 0 0 PART I, LINE 1A LAURA FULLER, THE HEAD OF THE SCHOOL, IS REQURIED 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 29 219827 SELLING PRICE 0 1 1 THIRD PARTY USE: PART I, LINE 32B: BROKERS ARE USED TO SELL STOCKS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11 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. UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUND 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 396043238 SUPPORT THE UNIVERSITY SCHOOL OF MILWAUKEE WI 501(C)(3) LINE 11A, I THE UNIVERSITY SCHOOL OF MILWAUKEE 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUND C