Randy And Nancy Trachte Family Foundation Inc
- Assets
- $1.7m
- Revenue
- $192.7k
- Investments
- $1.7m
- Employees
- 0
- Location
- Middleton, WI
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-5544736
Organization Overview
Randy And Nancy Trachte Family Foundation Inc is located in Middleton, WI. The organization was established in 2016. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Randy And Nancy Trachte Family 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, Randy And Nancy Trachte Family Foundation Inc generated $192.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (44.3%) each year. All expenses for the organization totaled $327.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Randy And Nancy Trachte Family Foundation Inc has awarded 33 individual grants totaling $600,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiffany Trachte Director | 0 | $0 | |
Randolph Trachte President/treasurer | 0 | $0 | |
Nancy Trachte Vice President/secretary | 0 | $0 | |
Aaron Fuchs Director | 0 | $0 | |
Tysen Trachte Director | 0 | $0 | |
Thomas Fuchs Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $45,429 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $146,957 |
| Capital Gain Net Income | $146,957 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $313 |
| Total Revenue | $192,699 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,458 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,871 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $327,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $51,004 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $49,556 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,703,536 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Randy And Nancy Trachte Family Foundation Inc has awarded $300,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Mclean, VA PURPOSE: GENERAL OPERATIONS | $80,000 |
Astoria, OR PURPOSE: GENERAL OPERATIONS | $50,000 |
THE X FOR BOYS PURPOSE: GENERAL OPERATIONS | $50,000 |
West Allis, WI PURPOSE: GENERAL OPERATIONS | $25,000 |
Middleton, WI PURPOSE: GENERAL OPERATIONS | $25,000 |
Middleton, WI PURPOSE: GENERAL OPERATIONS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Public Media Group St Paul, MN | $192,023,056 | $29,866,747 |
Milwaukee Youth Arts Center Inc Milwaukee, WI | $19,493,020 | $1,487,635 |
United Performing Arts Fund Inc Milwaukee, WI | $14,391,026 | $9,375,574 |
Arts Midwest Minneapolis, MN | $13,049,827 | $7,597,060 |
Bravo Greater Des Moines Inc Des Moines, IA | $3,545,703 | $5,885,208 |
Arts Partnership Saint Paul, MN | $39,537,439 | $5,290,504 |
Robert Allerton Trust Under Will Dated April 15 1964 Chicago, IL | $38,402,099 | $3,836,329 |
Gretchen C Valade Endownment For The Arts Grosse Pointe Farms, MI | $243,795 | $701,832 |
Ros Foundation Greenfield, WI | $30,196,896 | $3,469,836 |
Lithuanian Foundation Lemont, IL | $53,188,345 | $6,129,593 |
David C & Sarajean Ruttenberg Arts Foundation Chicago, IL | $0 | $66,826 |
Richard & Ellen Sandor Art Foundation Chicago, IL | $0 | $3,100 |