Ten Chimneys Foundation Inc
- Assets
- $4.6m
- Revenue
- $787.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Genesee Depot, WI
- Founding
- 04/1997
- Data as of
- 03/2023
- EIN
- 39-1862290
Organization Overview
Ten Chimneys Foundation Inc is located in Genesee Depot, WI. The organization was established in 1997. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2023, Ten Chimneys Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ten Chimneys 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 03/2023, Ten Chimneys Foundation Inc generated $787.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $828.2k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND SHARE THE BUILDINGS, FURNISHINGS, COLLECTIONS AND GROUNDS OF TEN CHIMNEYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEN CHIMNEYS, THE ESTATE LOVINGLY CREATED BY THEATRE LEGENDS ALFRED LUNT AND LYNN FONTANNE, IS OPEN TO THE PUBLIC AS A WORLD-CLASS HOUSE MUSEUM AND NATIONAL RESOURCE FOR THEATRE, ARTS, AND ARTS EDUCATION. TEN CHIMNEYS IS MORE THAN A GREAT MUSEUM. IT IS A RELEVANT INSPIRATION FOR VISITORS AND A BEACON AND RESOURCE FOR AMERICAN THEATRE. IN ADDITION TO THE ESTATE'S RICH HISTORY, THE FOUNDATION IS NATIONALLY RENOWNED FOR ITS PROGRAMS FOR AMERICAN THEATRE AND PROGRAMS FOR THE PUBLIC. TEN CHIMNEYS OFFERS EXHIBITIONS, AGRICULTURAL EDUCATION, PLAY READINGS, MUSIC IN THE DRAWING ROOM, CONVERSATIONS AT TEN CHIMNEYS AND ESTATE TOURS. FOR AMERICAN THEATRE THE ORGANIZATION OFFERS HIGH SCHOOL OUTREACH, THEATRE RESOURCE PROGRAMS, AND THE LUNT-FONTANNE FELLOWSHIP PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Meyer Chair | OfficerTrustee | 1 | $0 |
Deirdre Wilson Garton Vice Chair | OfficerTrustee | 1 | $0 |
Edward H Cichurski Treasurer | OfficerTrustee | 1 | $0 |
Howard Miller Secretary | OfficerTrustee | 1 | $0 |
Missy Jacobus Macleod Officer At Large | OfficerTrustee | 1 | $0 |
Judy Jorgensen Past Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $675,245 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $675,245 |
| Total Program Service Revenue | $87,118 |
| Investment income | $4,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,563 |
| Net Gain/Loss on Asset Sales | $1,366 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,901 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $787,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $219,895 |
| Compensation of current officers, directors, key employees. | $17,456 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,064 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,084 |
| Payroll taxes | $21,080 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,833 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,624 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,836 |
| Office expenses | $67,843 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,627 |
| Travel | $1,733 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,091 |
| Interest | $37,157 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $108,546 |
| Insurance | $49,067 |
| All other expenses | $12,506 |
| Total functional expenses | $828,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $655,481 |
| Savings and temporary cash investments | $426,832 |
| Pledges and grants receivable | $135,070 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $31,358 |
| Prepaid expenses and deferred charges | $20,565 |
| Net Land, buildings, and equipment | $2,794,469 |
| Investments—publicly traded securities | $503,953 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,632 |
| Total assets | $4,578,360 |
| Accounts payable and accrued expenses | $24,297 |
| Grants payable | $0 |
| Deferred revenue | $12,034 |
| 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 | $899,311 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,179 |
| Total liabilities | $946,821 |
| Net assets without donor restrictions | $3,478,691 |
| Net assets with donor restrictions | $152,848 |
| 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 | $4,578,360 |