Kuali Foundation Inc
- Assets
- $3.6m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Bloomington, IN
- Founding
- 12/2007
- Data as of
- 06/2021
- EIN
- 20-5118023
Organization Overview
Kuali Foundation Inc is located in Bloomington, IN. The organization was established in 2007. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kuali Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Kuali Foundation Inc generated $4.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $4.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (23.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A PROPONENT FOR COLLABORATION AND DEVELOPMENT OF OPEN SOURCE SOFTWARE FOR HIGHER EDUCATION AND OTHER EDUCATION-RELATED SECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES DIRECT SUPPORT FOR THE DESIGN OF OPEN SOURCE SOFTWARE FOR HIGHER EDUCATION, INCLUDING BEST PRACTICES IN DESIGN AND USE. THE FOUNDATION PROVIDES A FORUM FOR COMMUNICATION OF PROGRESS IN THE COMMUNITY AND ON OPEN SOURCE SOFTWARE PROJECTS AND BEST PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Marlin Managing Director | Officer | 40 | $95,169 |
Steve Dowdy Vice Chair | OfficerTrustee | 4 | $0 |
Patrick Burns Chair | OfficerTrustee | 4 | $0 |
Bill Sibert Treasurer | OfficerTrustee | 4 | $0 |
Christa Johnson Board Member | Trustee | 2 | $0 |
Brad Wheeler Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Indiana University Consulting | 6/29/21 | $144,820 |
Kuali Inc Consulting | 6/29/21 | $3,400,025 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $102,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,500 |
| Total Program Service Revenue | $2,139,520 |
| Investment income | $1,702 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,256,160 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,499,882 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,800,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,110 |
| Compensation of current officers, directors, key employees. | $34,777 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,701 |
| Fees for services: Accounting | $2,548 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,795,159 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $696 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,071 |
| All other expenses | $0 |
| Total functional expenses | $4,758,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,989,867 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,677 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $572,315 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,569,859 |
| Accounts payable and accrued expenses | $19,307 |
| Grants payable | $0 |
| Deferred revenue | $820,873 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $840,180 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,569,859 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Indiana Educational Service Center Indianapolis, IN | $10,545,189 | $14,759,345 |
Wisconsin Library Services Madison, WI | $3,399,343 | $10,812,527 |
American Theological Library Assoc Chicago, IL | $18,401,978 | $8,222,595 |
Center For Research Libraries Chicago, IL | $24,550,966 | $8,516,170 |
Wisconsin Manufacturing Extension Partnership Inc Madison, WI | $4,454,463 | $6,124,357 |
Chicago Public Education Fund Chicago, IL | $21,727,022 | $5,321,467 |
Kuali Foundation Inc Bloomington, IN | $3,569,859 | $4,499,882 |
National Association Of Charter School Authorizers Chicago, IL | $6,426,889 | $6,470,575 |
Regeneration Schools Chicago, IL | $3,849,908 | $2,448,192 |
La Porte Elementary School Building Corporation Laporte, IN | $128,469,529 | $7,375,015 |
Center For Innovative Education Solutions Inc Indianapolis, IN | $11,425,691 | $2,252,415 |
Association Of Missouri Charterschools St Louis, MO | $819,935 | $1,356,566 |