De Pere Cultural Foundation Inc
- Assets
- $110.7m
- Revenue
- $51.6m
- Investments
- $1.7m
- Employees
- 0
- Location
- De Pere, WI
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 47-5484726
Organization Overview
De Pere Cultural Foundation Inc is located in De Pere, WI. The organization was established in 2016. According to its NTEE Classification (A90) the organization is classified as: Arts Services, 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. DE Pere Cultural 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 12/2022, DE Pere Cultural Foundation Inc generated $51.6m in total revenue. All expenses for the organization totaled $486.8k during the year ending 12/2022. While expenses have increased by 88.5% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DE PERE CULTURAL FOUNDATION, INC. IS ESTABLISHING A CULTURAL CENTER IN DE PERE, WISCONSIN, WHICH IT WILL ESTABLISH, SPONSOR, AND MANAGE PROGRAMS THAT PROVIDE EDUCATIONAL SERVICES AND RESOURCES TO THE GENERAL PUBLIC (THE "PROJECT"). CONSTRUCTION OF THE PROJECT CONTINUED IN 2022 WITH SUBSTANTIAL COMPLETION EXPECTED IN JULY, 2023. PAID EXPENDITURES FOR THE TAX YEAR ENDED 12/31/2022 RELATED TO THE ABOVE, WERE AS FOLLOWS: PROJECT DEVELOPMENT COSTS 48,519,046 LESS: RETAINAGE & OTHER PAYABLES (6,367,080) ------------ PROJECT DEVELOPMENT COSTS PAID 42,151,966 FURNITURE & EQUIPMENT 480,408 DIRECT & INDIRECT EXPENSES 386,870 ------------ TOTAL PAID 2022 43,029,244 PY SET ASIDE USED DURING YEAR (32,000,000) ------------ PAID IN EXCESS OF PY SET-ASIDE 11,029,244 ----------- TOTAL PAID OR SET ASIDE - 2022 11,029,244
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James J Mulva President | 10 | $0 | |
Miriam B Mulva Vice Pres. | 10 | $0 | |
Harvey L Black Jr Sec./treas. | 2 | $0 | |
Jonathan Mulva Director | 0.5 | $0 | |
Mike Haddad Director | 0.5 | $0 | |
Mckim Boyd Director | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Leonard & Finco | 12/30/22 | $68,049 |
Sizemore & Company Llc | 12/30/22 | $157,034 |
Skidmore Owings & Merrill | 12/30/22 | $822,536 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,267,219 |
| Interest on Savings | $4,498 |
| Dividends & Interest | $552,458 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $814,170 |
| Capital Gain Net Income | $7,255,173 |
| Net ST Capital Gain | $2,088,932 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,638,345 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $180,000 |
| Other employee salaries and wages | $90,167 |
| Pension plans, employee benefits | $24,256 |
| Interest | $0 |
| Taxes | $108,604 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,267 |
| Printing and publications | $26 |
| Other expenses | $1,728 |
| Total operating and administrative expenses | $486,847 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $486,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,938 |
| Savings and temporary cash investments | $41,060,224 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,065 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $67,930,882 |
| Other assets | $126 |
| Total assets | $110,708,725 |
| Accounts payable and accrued expenses | $118,150 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $6,823,304 |
| Total liabilities | $6,941,454 |