Totals
- Total revenue
- $916,000
- Total expenses
- $528,305
- Contributions and grants received
- $772,984
- Grants paid
- $0
- Program service revenue
- $87,327
- Investment income
- $6,853
- Other revenue
- $48,836
- Total assets, end of year
- $4,678,252
- Total liabilities, end of year
- $104,598
- Net assets or fund balances, end of year
- $4,573,654
- Program services expenses (Part IX)
- $384,450
- Management and general expenses
- $143,855
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $384,450
Program services were 72.8% 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.
-
1a · Federated campaigns
$7,500
-
1b · Membership dues
$154,660
-
1e · Government grants (contributions)
$2,580
-
1f · All other contributions, gifts and grants
$608,244
-
2a · Program service revenue: Various program activitie
total $87,327 · related or exempt $87,327
-
3 · Investment income
total $6,853 · related or exempt $1,487 · excluded $5,366
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $3,580
-
6b · Less rental expenses
real property $9,510
-
6c · Rental income or loss
real property -$5,930
-
6d · Net rental income or loss
total -$5,930 · related or exempt -$5,930
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$54,417
-
8b · Fundraising events: direct expenses
$28,368
-
8c · Net income from fundraising events
total $26,049
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Misc Admin Income
total $28,717 · related or exempt $28,717
-
11e · Other revenue, total
$28,717
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $70,563 · program services $35,282 · management and general $35,281
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $75,408 · program services $37,704 · management and general $37,704
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $10,129 · program services $5,065 · management and general $5,064
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $13,663 · program services $6,831 · management and general $6,832
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $20,501 · program services $10,251 · management and general $10,250
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $49,139 · program services $39,311 · management and general $9,828
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $135,343 · program services $108,274 · management and general $27,069
-
23 · Insurance
total $7,910 · program services $6,328 · management and general $1,582
-
24a · Other expenses: Program Expenses
total $95,186 · program services $95,186
-
24b · Other expenses: Printing, Publishing, Adv
total $45,061 · program services $36,049 · management and general $9,012
-
24c · Other expenses: Sales tax
total $2,936 · program services $2,936
-
24d · Other expenses: Admin and Misc Exp
total $2,466 · program services $1,233 · management and general $1,233
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $235,479 · end of year $487,713
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $19,000 · end of year $70,290
-
4 · Accounts receivable
beginning of year $29,052 · end of year $27,891
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $52,299 · end of year $62,464
-
10a · Land, buildings and equipment: cost or other basis
$5,199,688
-
10b · Land, buildings and equipment: accumulated depreciation
$1,169,794
-
10c · Land, buildings and equipment, net
beginning of year $3,961,047 · end of year $4,029,894
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $9,354 · end of year $8,858
-
19 · Deferred revenue
beginning of year $101,564 · end of year $95,740
-
27 · Net assets without donor restrictions
beginning of year $4,157,429 · end of year $4,240,867
-
28 · Net assets with donor restrictions
beginning of year $28,530 · end of year $332,787
Mission and programs · 2022
Mission
MISSION STATEMENT:The mission of the Monroe Arts Center is threefold: to nurture an appreciation of the arts, to aid individual creative development, and to ensure the preservation and integrity of our historic facility.
-
STATEMENT OF PROGRAM SERVICE ACTIVITIESGallery tours for the general publicConcerts for the general publicPlays for the general publicDance
Expenses $384,450
As filed on the 2022 return.
Listed in Part VII
-
Kathy Hennessy
Executive Director
- Total calculated
- $70,563
- From this org
- $70,563
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Christine Wellington
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Gilman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Wendy Weiler Erb
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Hennessy
Executive Dir.
- Total calculated
- $0
- Hours/week
- 0
-
Robert Rudd
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Sanders
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dan Wegmueller
Director
- Total calculated
- $0
- Hours/week
- 1
-
Hans Bernet
Director
- Total calculated
- $0
- Hours/week
- 1
-
Julie Buchanan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Marc Farmer
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ryan Ziltner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Callahan
President
- Total calculated
- $0
- Hours/week
- 1
-
John Baumann
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Julie Wilke
Treasurer
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Monroe Arts Center Foundation Inc
501(c)(3) · Permanent endowment · WI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431979349301318
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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