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Nonprofiteer
← TALIESIN PRESERVATION INC

Form 990 for tax year 2022

Filed by TALIESIN PRESERVATION INC.

Totals

Total revenue
$2,119,762
Total expenses
$2,171,915
Contributions and grants received
$230,284
Grants paid
$161,769
Program service revenue
$1,507,769
Investment income
$13,088
Other revenue
$368,621
Total assets, end of year
$4,056,210
Total liabilities, end of year
$263,631
Net assets or fund balances, end of year
$3,792,579
Program services expenses (Part IX)
$1,602,355
Management and general expenses
$405,898
Fundraising expenses
$163,662
Program service expenses (Part III)
$1,602,355

Program services were 73.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $230,284

  • 2a · Program service revenue: TOURS

    total $1,458,838 · related or exempt $1,458,838

  • 2b · Program service revenue: EDUCATIONAL PROGRAMS

    total $48,931 · related or exempt $48,931

  • 3 · Investment income

    total $14,365 · excluded $14,365

  • 7b · Less cost or other basis and sales expenses

    other assets $1,277

  • 7c · Gain or loss

    other assets -$1,277

  • 7d · Net gain or loss

    total -$1,277 · excluded -$1,277

  • 10a · Gross sales of inventory

    $502,342

  • 10b · Cost of goods sold

    $253,307

  • 10c · Net income from sales of inventory

    total $249,035 · related or exempt $249,035

  • 11a · Other revenue: CAFE REVENUE

    total $94,384 · related or exempt $94,384

  • 11d · All other revenue

    total $25,202 · excluded $25,202

  • 11e · Other revenue, total

    $119,586

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $161,769 · program services $161,769

  • 5 · Compensation of officers, directors and key employees

    total $211,367 · program services $146,466 · management and general $54,466 · fundraising $10,435

  • 7 · Other salaries and wages

    total $801,227 · program services $555,206 · management and general $206,465 · fundraising $39,556

  • 8 · Pension plan contributions

    total $13,394 · program services $9,281 · management and general $3,452 · fundraising $661

  • 9 · Other employee benefits

    total $71,583 · program services $49,603 · management and general $18,446 · fundraising $3,534

  • 10 · Payroll taxes

    total $77,031 · program services $53,378 · management and general $19,850 · fundraising $3,803

  • 11b · Fees: legal

    total $1,500 · management and general $1,500

  • 11c · Fees: accounting

    total $19,563 · management and general $19,563

  • 11e · Fees: professional fundraising services

    total $60,000 · fundraising $60,000

  • 11g · Fees: other

    total $159,068 · program services $131,017 · management and general $23,359 · fundraising $4,692

  • 12 · Advertising and promotion

    total $35,492 · program services $8,873 · management and general $17,746 · fundraising $8,873

  • 13 · Office expenses

    total $144,771 · program services $76,441 · management and general $39,671 · fundraising $28,659

  • 14 · Information technology

    total $17,492 · program services $17,492

  • 16 · Occupancy

    total $88,726 · program services $88,726

  • 17 · Travel

    total $4,742 · program services $2,141 · management and general $1,124 · fundraising $1,477

  • 19 · Conferences, conventions and meetings

    total $699 · program services $699

  • 22 · Depreciation, depletion and amortization

    total $91,916 · program services $91,916

  • 23 · Insurance

    total $46,279 · program services $46,279

  • 24a · Other expenses: ACCESS FEE

    total $50,000 · program services $50,000

  • 24b · Other expenses: CAFE EXPENSES

    total $37,118 · program services $37,118

  • 24c · Other expenses: SERVICE FEES

    total $31,890 · program services $29,662 · management and general $256 · fundraising $1,972

  • 24d · Other expenses: DUES AND SUBCRIPTIONS

    total $10,080 · program services $10,080

  • 24e · All other expenses

    total $36,208 · program services $36,208

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $315,798 · end of year $448,974

  • 2 · Savings and temporary cash investments

    beginning of year $885,959 · end of year $518,306

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $6,000

  • 4 · Accounts receivable

    beginning of year $88,427 · end of year $410

  • 8 · Inventories for sale or use

    beginning of year $64,848 · end of year $56,562

  • 9 · Prepaid expenses and deferred charges

    beginning of year $37,492 · end of year $36,090

  • 10a · Land, buildings and equipment: cost or other basis

    $2,429,586

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,603,245

  • 10c · Land, buildings and equipment, net

    beginning of year $834,762 · end of year $826,341

  • 11 · Investments: publicly traded securities

    beginning of year $49,659 · end of year $48,959

  • 15 · Other assets

    beginning of year $1,864,355 · end of year $2,114,568

  • 17 · Accounts payable and accrued expenses

    beginning of year $257,174 · end of year $232,827

  • 19 · Deferred revenue

    beginning of year $38,694 · end of year $30,804

  • 27 · Net assets without donor restrictions

    beginning of year $3,845,192 · end of year $3,782,579

  • 28 · Net assets with donor restrictions

    beginning of year $240 · end of year $10,000

Mission and programs · 2022

Mission

AS STEWARDS, TALIESIN PRESERVATION, INC.'S DUAL MISSION IS TO PRESERVE THE CULTURAL, BUILT AND NATURAL ENVIRONMENTS THAT COMPRISE THE TALIESIN PROPERTY AND TO CONDUCT PUBLIC EDUCATIONAL AND CULTURAL PROGRAMMING THAT PROVIDES A GREATER UNDERSTANDING OF FRANK LLOYD WRIGHT'S ARCHITECTURE AND IDEAS.

Activities or mission (Part I)

TO PRESERVE THE TALIESIN ESTATE & EDUCATE THE PUBLIC ON FRANK LLOYD WRIGHT.

  • VISITATION PROGRAM:THIS PROGRAM RESPONDS TO A GROWING PUBLIC DEMAND FOR A FIRST-HAND EDUCATIONAL EXPERIENCE AT THE TALIESIN ESTATE. EACH YEAR, OVER 25,000 GUESTS VISIT THE HISTORIC SITE. SEVERAL COMPREHENSIVE TOURS ARE OFFERED AS WELL AS PROGRAMMING TO INTEGRATE THE PRESERVATION FOCUS ON ARCHITECTURE, NATURE AND CULTURE. ENHANCED PUBLIC ACCESS OPPORTUNITIES ALLOW VISITORS TO EXPERIENCE THE TALIESIN LEGACY OF ARCHITECTURE AND DESIGN, EDUCATION, AGRICULTURE AND THE ARTS. TO BALANCE THE VISITOR EXPERIENCE, A GIFTSHOP, CAFE AND EXHIBITS ON FRANK LLOYD WRIGHT'S LIFE, WORK, AND CONCEPTS ARE ALSO OFFERED.

    Expenses $1,318,105 · Revenue $1,851,188

  • PRESERVATION PROGRAM:THIS PROGRAM PROVIDES RESOURCES FOR THE ONGOING PRESERVATION OF THE TALIESIN ESTATE. THIS INCUDES FINANCIAL CONTRIBUTIONS TOWARD PRESERVATION WORK ON THE BUILDINGS AND LANDSCAPES, AS WELL AS PRESERVATION COMMITTEE SUPPORT AND PROFESSIONAL WISCONSIN CONNECTIONS IN ORDER TO ENSURE THE INTEGRITY OF THE SITE FOR FUTURE GENERATIONS.

    Expenses $284,250 · Grants $161,769

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Douglas Buck

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Diane Morgenthaler

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Alan Brey

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Phillip Prange

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Ray Lipman

    DIRECTOR AT LARGE (THRU MAR 2022)

    Total calculated
    $0
    Hours/week
    1

  • Diane Al Shihabi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Karl Kraemer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Thad Nation

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Norman

    TRUSTEE (THRU JUN 2022)

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Raasch

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Gerard Randall

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Roshelle Ritzenthaler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Anne Sayers

    GOVERNOR APPOINTEE

    Total calculated
    $0
    Hours/week
    1

  • Amy Scanlon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Brian Schimming

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mark Schmitz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Val Schute

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jaime Zimmerman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Carrie Rodamaker

    EXECUTIVE DIRECTOR

    Total calculated
    $135,451
    From this org
    $117,059
    From related orgs
    $0
    Other
    $18,392
    Hours/week
    40

  • Cypress York

    FINANCE DIRECTOR

    Total calculated
    $75,916
    From this org
    $67,691
    From related orgs
    $0
    Other
    $8,225
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
28 July 2023
IRS schema version
2022v5.0
Source object
202302709349300030

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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