Ko-Thi Inc
- Assets
- $49.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 05/1973
- Data as of
- 12/2021
- EIN
- 23-7228502
Organization Overview
Ko-Thi Inc is located in Milwaukee, WI. The organization was established in 1973. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ko-Thi 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 12/2021, Ko-Thi Inc generated $114.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $107.5k during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ESTABLISHMENT OF VIRTUAL PROGRAMMING ACROSS ALL MAJOR PROGRAMMING AREAS, INCLUDING LECTURES, CLASSES, AND EDUCATIONAL OUTREACH. DEVELOPMENT AND IMPLEMENTATION OF A NEW CURRICULAR OFFERING BASED ON OUR 2018 UJIMA CONCERT. DRAMATICALLY INCREASED INTEREST AND FINANCIAL ENGAGEMENT FROM SMALLER FOUNDATIONS AND ORGANIZATIONS DEDICATED TO THE ADVANCEMENT OF BLACK CULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ferne Caulker Executive Director | 40 | $0 | |
Dr Antoinette Mensah Board Chair | 1 | $0 | |
Twyla Mcghee Vice Chair/treasurer | 1 | $0 | |
Shirley Gilbert Secretary | 1 | $0 | |
Dr Patrick Bellegarde-Smith Board Emeritus | 1 | $0 | |
Arthur Heitzer Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,228 |
| Total Program Service Revenue | $21,176 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,910 |
| Total Revenue | $114,314 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,332 |
| Professional fees and other payments to independent contractors | $4,782 |
| Occupancy, rent, utilities, and maintenance | $26,675 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,716 |
| Total expenses | $107,505 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,435 |
| Other assets | $0 |
| Total assets | $49,238 |
| Total liabilities | $67,525 |
| Net assets or fund balances | -$18,287 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ko-Thi Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: OPERATING SUPPORT | $50,000 |
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: OPERATING SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ravinia Festival Association Highland Park, IL | $230,171,878 | $43,242,885 |
Springboard For The Arts Saint Paul, MN | $11,189,893 | $6,226,382 |
Irish Festivals Inc Wauwatosa, WI | $3,948,548 | $3,527,102 |
Penumbra Theatre Company Inc St Paul, MN | $11,072,613 | $11,767,246 |
Great River Educational Arts Theatre Waite Park, MN | $2,124,043 | $1,298,564 |
Chicago Summer Resort Company Charlevoix, MI | $1,907,953 | $1,036,226 |
Thelma Sadoff Center For The Arts Inc Fond Du Lac, WI | $5,501,310 | $863,155 |
Hoogland Center For The Arts Inc Springfield, IL | $6,969,049 | $1,022,079 |
The Cedar Cultural Center Inc Minneapolis, MN | $2,037,241 | $1,717,061 |
Kuumba Lynx Chicago, IL | $1,227,292 | $991,440 |
Natya Dance Theatre Oakbrook, IL | $1,497,460 | $845,551 |
Tobacco Road Incorporated Chicago, IL | $6,766,640 | $242,517 |