Yerkes Future Foundation Inc
- Assets
- $12.5m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 14
- Location
- Williams Bay, WI
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 83-0802129
Organization Overview
Yerkes Future Foundation Inc is located in Williams Bay, WI. The organization was established in 2019. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 12/2021, Yerkes Future Foundation Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yerkes Future 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 12/2021, Yerkes Future Foundation Inc generated $5.5m in total revenue. All expenses for the organization totaled $801.5k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACQUIRE, PRESERVE, AND PROTECT THE ARCHITECTURAL TREASURE KNOWN AS YERKES OBSERVATORY AND TO KEEP IT OPEN TO THE PUBLIC, FOSTER ITS REPUTATION AS A SYMBOL OF SCIENTIFIC EXCELLENCE, AND CONTINUE PROGRAMS OF OUTREACH & EDUCATION IN THE AREAS OF SCIENCE & ASTRONOMY WITH PARTICULAR EMPHASIS ON THE YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACQUIRE, PRESERVE, AND PROTECT THE ARCHITECTURAL TREASURE KNOWN AS YERKES OBSERVATORY AND TO KEEP IT OPEN TO THE PUBLIC, FOSTER ITS REPUTATION AS A SYMBOL OF SCIENTIFIC EXCELLENCE, AND CONTINUE PROGRAMS OF OUTREACH & EDUCATION IN THE AREAS OF SCIENCE & ASTRONOMY WITH PARTICULAR EMPHASIS ON THE YOUTH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Kois Executive Director | Officer | 40 | $187,448 |
Dianna Colman Chairman | OfficerTrustee | 1 | $0 |
Frank Bonifacic Secretary | OfficerTrustee | 1 | $0 |
Tom Nickols Vice Chairman | OfficerTrustee | 1 | $0 |
William Brownell Treasurer | OfficerTrustee | 1 | $0 |
Charles Ebeling Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marion Restoration Renovation Costs | 12/30/21 | $1,583,075 |
Moore Construction Services Llc Renovation Costs | 12/30/21 | $839,238 |
Balsitis Contracting Inc Renovation Costs | 12/30/21 | $163,575 |
Pierce Engineers Renovation Costs | 12/30/21 | $224,985 |
Adams Electric Renovation Costs | 12/30/21 | $343,939 |
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 | $5,468,511 |
| Noncash contributions included in lines 1a–1f | $15,905 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,468,511 |
| Total Program Service Revenue | $0 |
| Investment income | $4,557 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,485,618 |
| 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. | $209,379 |
| Compensation of current officers, directors, key employees. | $62,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $163,356 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,540 |
| Payroll taxes | $24,749 |
| Fees for services: Management | $551 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $135,528 |
| Advertising and promotion | $0 |
| Office expenses | $84,525 |
| Information technology | $13,569 |
| Royalties | $0 |
| Occupancy | $37,776 |
| Travel | $6,466 |
| 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 | $11,690 |
| Insurance | $49,330 |
| All other expenses | $0 |
| Total functional expenses | $801,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,630 |
| Savings and temporary cash investments | $1,426,149 |
| Pledges and grants receivable | $3,414,432 |
| Accounts receivable, net | $113,010 |
| 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 | $72,829 |
| Net Land, buildings, and equipment | $2,378,930 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,870,246 |
| Total assets | $12,509,226 |
| Accounts payable and accrued expenses | $571,013 |
| Grants payable | $0 |
| Deferred revenue | $700 |
| 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 | $571,713 |
| Net assets without donor restrictions | $8,439,289 |
| Net assets with donor restrictions | $3,498,224 |
| 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 | $12,509,226 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Yerkes Future Foundation Inc has recieved totaling $550,000.
| Awarding Organization | Amount |
|---|---|
Daniel C Ferguson Charitable Trust Naples, FL PURPOSE: EVENTS PAVILION | $500,000 |
Michael D And Jolynn Blair Family Foundation Lombard, IL PURPOSE: PRESERVATION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Dubuque Dubuque, IA | $403,203,443 | $110,402,473 |
Concordia University Chicago River Forest, IL | $86,542,696 | $102,736,797 |
Concordia University St Paul St Paul, MN | $168,274,815 | $110,114,191 |
North Park University Chicago, IL | $342,334,574 | $94,494,659 |
Andrews Academy Berrien Springs, MI | $217,758,414 | $91,457,423 |
Lawrence Technological University Southfield, MI | $206,424,495 | $77,203,633 |
Northwood University Midland, MI | $206,640,197 | $67,719,695 |
University Of St Francis Joliet, IL | $100,705,114 | $74,870,772 |
Loras College Dubuque, IA | $125,505,314 | $75,361,809 |
Madonna University Livonia, MI | $137,754,310 | $64,155,252 |
Aquinas College Inc Grand Rapids, MI | $134,653,902 | $57,861,871 |
Spring Arbor University Spring Arbor, MI | $117,706,711 | $70,872,846 |