Kohler Trust For The Arts And Education is located in Kohler, WI. The organization was established in 1977. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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.
For the year ending 01/2020, Kohler Trust For The Arts And Education generated $4.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $4.3m during the year ending 01/2020. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Kohler Trust For The Arts And Education has awarded 26 individual grants totaling $23,455,837. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL SUPPORT TO THE BENEFICIARIES LISTED IN THE TRUST GOVERNING INSTRUMENT FOR PURSING OF THEIR ARTS AND EDUCATION ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOHN MICHAEL KOHLER ARTS CENTER, INC (ART CENTER) - DISTRIBUTED TRUST INCOME IN SUPPORT OF THE ARTS CENTER'S PROGRAMMING, ART PRESERVE FUND, AND GENERAL OPERATING FUNDS.
CHOATE ROSEMARY HALL - DISTRIBUTED TRUST INCOME TO THE SCHOOL'S ENDOWMENT THAT SUPPORTS THE SCHOOL'S KOHLER ENVIRONMENTAL CENTER.
LAWRENCE UNIVERSITY DISTRIBUTED TRUST INCOME TO THE SCHOOL'S ENDOWMENT SUPPORTING KOHLER HALL RENOVATIONS.
KNOX COLLEGE - SUPPORT SCHOLARSHIP EFFORTS OF THIS ORGANIZATION NAMED IN THE TRUST'S GOVERNING INSTRUMENT BY DISTRIBUTING INCOME TO THEM - $85,000LAKELAND COLLEGE- SUPPORT SCHOLARSHIP THROUGH FREDERIC C. KOHLER ENDOWMENT- $84,000
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Renee Boldt Secretary/trustee | OfficerTrustee | 0.1 | $0 |
Laura Kohler Chairperson/trustee | OfficerTrustee | 0.1 | $0 |
Steve Woods Trustee | Trustee | 0.1 | $0 |
Ruth Deyoung Kohler Trustee | Trustee | 0.1 | $0 |
Ed Mckelvey Trustee | Trustee | 0.1 | $0 |
Maeve Quinn Trustee | Trustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $4,318,757 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $73,450 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,392,207 |
Statement of Expenses | |
---|---|
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. | $0 |
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 | $60,043 |
Fees for services: Accounting | $7,390 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,256 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
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 | $1,354 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $4,286,185 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $518 |
Savings and temporary cash investments | $10,859 |
Pledges and grants receivable | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $1,377,047 |
Investments—other securities | $7,226,430 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,614,854 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
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 |
Total liabilities and net assets/fund balances | $8,614,854 |
Over the last fiscal year, Kohler Trust For The Arts And Education has awarded $4,125,438 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
Sheboygan, WI PURPOSE: OPERATING FUND AND ARTS PRESERVE FUND, ARTS/INDUSTRY SUPPORT | $3,506,438 |
Wallingford, CT PURPOSE: ENDOWMENT FOR KOHLER ENVIRONMENTAL CENTER | $250,000 |
Appleton, WI PURPOSE: KOHLER ENDOWED SCHOLARSHIP FUND | $200,000 |
Galesburg, IL PURPOSE: KOHLER ENDOWED SCHOLARSHIP FUND | $85,000 |
Plymouth, WI PURPOSE: SCHOLARSHIP & FACULTY ENRICHMENT AND [UN] COMMON GROUND CAMPAIGN | $84,000 |
Organization Name | Assets | Revenue |
---|---|---|
Flint Cultural Center Corporation Inc Flint, MI | $69,713,080 | $25,737,682 |
Midland Center For The Arts Inc Midland, MI | $72,364,507 | $9,247,429 |
John Michael Kohler Arts Center Inc Sheboygan, WI | $88,363,238 | $14,246,334 |
Puerto Rican Cultural Center Chicago, IL | $8,314,158 | $8,458,971 |
United States Artists Inc Chicago, IL | $41,911,763 | $5,742,509 |
American College Of Occupational And Environmental Medicine Elk Grove Village, IL | $4,998,905 | $4,833,680 |
Kohler Trust For The Arts And Education Kohler, WI | $8,614,854 | $4,392,207 |
Winnetka Community House Winnetka, IL | $14,501,865 | $3,165,480 |
Brucemore Inc Cedar Rapids, IA | $18,914,126 | $1,880,719 |
Milwaukee County War Memorial Inc Milwaukee, WI | $14,315,972 | $2,406,675 |
Figge Art Museum Davenport, IA | $8,061,931 | $3,020,890 |
North Iowa Cultural Center And Museum Clear Lake, IA | $1,422,222 | $2,440,484 |