2024-04-12T11:22:30-04:00 2023-06-30 391392227 HUBERTY & ASSOCIATES SC 825 S TAYLOR DR SHEBOYGAN WI 53081 990 2022-07-01 391862825 WEILL CENTER FOUNDATION INC WEIL 9202080808 826 N 8TH STREET SHEBOYGAN WI 53081 CHAD HAMILTON PRESIDENT 9202080808 2024-03-25 true CHAD HAMILTON 999009999 false KARIN G HARMS CPA P00073773 9204522255 2024-03-25 2022 2023-04-26 12:10:37Z STEFANIE H WEILL CENTER FOR THE CHAD HAMILTON 826 N 8TH STREET SHEBOYGAN WI 53081 987431 false X WWW.WEILLCENTER.COM X 1993 WI TO PRESERVE THIS HISTORIC LANDMARK THEATER IN ORDER TO PROVIDE & SUSTAIN A MAJESTIC PERFORMING ARTS VENUE FOR THE COMMUNITY AND TO SERVE THE PEOPLE OF SHEBOYGAN COUNTY AND SURROUNDING COMMUNITIES WITH THE OPPORTUNITY TO ENJOY CULTURAL, EDUCATIONAL, CIVIC, AND CORPORATE EVENTS THAT WILL ENTERTAIN AND INSPIRE. 11 11 35 100 0 719520 414710 501544 406201 58890 65605 65853 71433 1345807 957949 0 0 258807 277887 0 90145 983118 896036 1241925 1173923 103882 -215974 8860354 8964479 271423 373984 8588931 8590495 X TO PRESERVE THIS HISTORIC LANDMARK THEATER IN ORDER TO PROVIDE & SUSTAIN A MAJESTIC PERFORMING ARTS VENUE FOR THE COMMUNITY AND TO SERVE THE PEOPLE OF SHEBOYGAN COUNTY AND SURROUNDING COMMUNITIES WITH THE OPPORTUNITY TO ENJOY CULTURAL, EDUCATIONAL, CIVIC, AND CORPORATE EVENTS THAT WILL ENTERTAIN AND INSPIRE. false false 777363 406201 PROVIDE AND SUSTAIN A PERFORMING ARTS VENUE FOR THE COMMUNITY. DURING THE FISCAL YEAR ENDED JUNE 30, 2023, THERE WERE APPROXIMATELY 30,000 PATRONS THAT ENJOYED MORE THAN 70 EVENTS. 777363 true true false false false false false true false true true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 22 0 true 35 true false false false false false true true false false false false false false X 11 11 true false true false false false false true true false false true false false true false false false WI X JENNIFER DIBONA 9202080808 826 N 8TH STREET SHEBOYGAN WI 53081 KATY GLODOSKY EXECUTIVE DI 40.00 X 88077 0 8097 TOM BRICKLEY DIRECTOR 1.00 X 0 0 0 JENNIFER LE CLAIR-BEMIS SECRETARY 1.00 X X 0 0 0 JEFF FREIDERS DIRECTOR 1.00 X 0 0 0 DAVID GALLIANETTI DIRECTOR 1.00 X 0 0 0 CHAD HAMILTON PRESIDENT 4.00 X X 0 0 0 JOE HULLIN DIRECTOR 1.00 X 0 0 0 JERRY JONES VICE PRESIDE 1.00 X X 0 0 0 CHRIS KENNEDY TREASURER 4.00 X X 0 0 0 JEFF MADSON DIRECTOR 1.00 X 0 0 0 DOUG PELLETIERE DIRECTOR 1.00 X 0 0 0 STEVE WOODS DIRECTOR 1.00 X 0 0 0 88077 8097 false false false 414710 414710 HOUSE PRODUCTIONS 711190 239868 239868 OUTSIDE PRODUCTIONS 711190 81795 81795 TICKET HANDLING 711190 44164 44164 MEMBERSHIPS 711190 40374 40374 406201 65605 65605 9300 9300 9300 9300 91361 29482 61879 61879 MISCELLANEOUS 254 254 254 957949 406201 137038 99921 30414 39914 29593 153428 85048 56514 11866 422 194 160 68 4802 3077 1717 8 19314 8869 7343 3102 19500 19500 17540 17540 3865 3865 2124 637 956 531 76287 45772 24793 5722 287987 172792 93596 21599 37207 22324 12092 2791 HOUSE PRODUCTIONS 331424 331424 SUPPLIES 54810 36174 8770 9866 TELEPHONE & INTERNET 22169 13301 7205 1663 REPAIRS & MAINTENANCE 19654 11792 6388 1474 23469 15545 6062 1862 1173923 777363 306415 90145 812509 602327 322712 559668 100000 2158 324 26220 36171 11893069 6675290 5503482 5217779 2130385 2376563 62888 71647 8860354 8964479 56783 93792 214640 272277 7915 271423 373984 X 6459176 6056351 2129755 2534144 8588931 8590495 8860354 8964479 -215974 217538 X false true X false false X 801471 193039 594626 719520 414710 2723366 801471 193039 594626 719520 414710 2723366 500206 2223160 49780 69836 74905 194521 254 254 2918141 1778043 0.76180 0.79970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4852348 X X false 2158607 257820 39864 2376563 2410258 -217800 33851 2158607 1923404 523724 36870 2410258 1971623 -8502 39717 1923404 1968801 29722 12015 38915 1971623 0.71590 0.28410 false false 291370 291370 10960600 6108252 4852348 641099 567038 74061 5217779 OPERATING LEASE LIABILITY 7915 7915 X 1199611 217538 14100 27564 259202 940409 17540 17540 957949 1198047 14100 27564 41664 1156383 17540 17540 1173923 SCHEDULE D, PAGE 2, PART III, LINE 4 ON DECEMBER 22, 1999, THE PROPERTY WAS PLACED ON THE NATIONAL REGISTER OF HISTORIC PLACES BY THE UNITED STATES DEPARTMENT OF THE INTERIOR, THE STATE OF WISCONSIN REGISTER OF HISTORIC PLACES BY THE STATE HISTORICAL SOCIETY OF WISCONSIN, AND THE CITY OF SHEBOYGAN HISTORIC PRESERVATION COMMISSION. THE PROPERTY'S PURPOSE IS TO PROVIDE ART AND ENTERTAINMENT TO THE PUBLIC. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE TAX-EXEMPT STATUS IS BASED UPON THE STATED PURPOSE OF THE OPERATIONS AND SUPPORTING EVIDENCE PRESENTED TO THE INTERNAL REVENUE SERVICE WITH THE APPLICATION FOR TAX-EXEMPT STATUS. SUCH STATUS IS SUBJECT TO RE-EVALUATION SHOULD THERE BE CHANGES IN OPERATION, CHARACTER, OR PURPOSE OF THE ORGANIZATION. ADDITIONALLY, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATIONS TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAS EVALUATED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATIONS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023 AND 2022. ALL YEARS NOT CLOSED BY STATUTE OF LIMITATIONS REMAIN OPEN FOR EXAMINATION. SCHEDULE D, PAGE 4, PART XI, LINE 2D COST OF GOOD SOLD 29,482 MISCELLANEOUS EXPENSE -1,918 SCHEDULE D, PAGE 4, PART XII, LINE 2D COST OF GOODS SOLD 29,482 MISCELLANEOUS EXPENSE -1,918 FORM 990 - ORGANIZATION'S MISSION TO PRESERVE THIS HISTORIC LANDMARK THEATER IN ORDER TO PROVIDE & SUSTAIN A MAJESTIC PERFORMING ARTS VENUE FOR THE COMMUNITY AND TO SERVE THE PEOPLE OF SHEBOYGAN COUNTY AND SURROUNDING COMMUNITIES WITH THE OPPORTUNITY TO ENJOY CULTURAL, EDUCATIONAL, CIVIC, AND CORPORATE EVENTS THAT WILL ENTERTAIN AND INSPIRE. FORM 990, PAGE 6, PART VI, LINE 2 KATY GLODOSKY JENNY DIBONA EXEC DIR ACCTG MGR FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 4 THE ORGANIZATION REVISED ARTICLE 14 OF ITS BYLAWS FOR SOME MINOR CLARIFYING LANGUAGE. THE ARTICLE NOW READS AS FOLLOWS: ARTICLE 14 THE ENDOWMENT FUND 14.1. THE ENDOWMENT FUND GENERALLY 14.1.1. THE WCF WILL MAINTAIN A SEPARATE ACCOUNT OR FUND FOR THE BENEFIT OF THE WCF THAT IS GENERALLY KNOWN AS THE ENDOWMENT FUND. ALL BEQUESTS IN WILLS, CHARITABLE REMAINDER AND OTHER TRUSTS, CHARITABLE GIFT ANNUITIES, ASSIGNMENT OF LIFE INSURANCE, AND TRANSFERS OF PROPERTY (CASH, STOCKS, BONDS, REAL ESTATE) OF ANY AMOUNT MAY BE DESIGNATED TO THE ENDOWMENT FUND. THE ENDOWMENT BOARD, IN CONSULTATION WITH THE WCF BOARD, MAY DECLINE ANY DONATION THAT IT DEEMS NOT IN THE BEST INTEREST OF THE WCF. ANY RESTRICTIONS ON GIFTS AND BEQUESTS SHALL BE DONE IN WRITING AND THEN MANAGED IN ACCORDANCE WITH THOSE RESTRICTIONS. THE FISCAL YEAR OF THE ENDOWMENT FUND SHALL COINCIDE WITH THE FISCAL YEAR OF THE WCF. THE PURPOSE OF ALL CAPITAL IN THE ENDOWMENT FUND IS TO ENHANCE THE MISSION OF THE WCF. 14.1.2. THE ENDOWMENT FUND WILL BE MANAGED BY A STANDING COMMITTEE OF THE WCF APPOINTED ACCORDING TO THE TERMS OF THIS ARTICLE (THE ENDOWMENT BOARD). 14.2. ENDOWMENT BOARD MEMBERSHIP AND RESPONSIBILITIES 14.2.1. THE ENDOWMENT BOARD SHALL CONSIST OF AT LEAST FIVE (5) AND NOT MORE THAN SEVEN (7) VOTING MEMBERS (MEMBERS), INCLUDING NOT LESS THAN TWO (2) OF WHICH SHALL BE DIRECTORS OF THE WCF. ALL MEMBERS WILL BE ELECTED BY A MAJORITY VOTE OF THE WCF BOARD OF DIRECTORS AND SHALL SERVE UNTIL THEY RESIGN, ARE REMOVED BY MAJORITY VOTE OF THE WCF BOARD OF DIRECTORS, OR HAVE SERVED FOR SIX (6) CONSECUTIVE YEARS. THE EXECUTIVE DIRECTOR AND THE PRESIDENT OF THE WCF BOARD SHALL BE ADVISORY, NON-VOTING MEMBERS OF THE ENDOWMENT BOARD. THE ENDOWMENT BOARD SHALL REPORT AT LEAST ANNUALLY TO THE BOARD OF DIRECTORS OF THE WCF. 14.2.2. THE ENDOWMENT BOARD SHALL MEET AT LEAST TWICE A YEAR BUT MAY CHOOSE TO MEET MORE FREQUENTLY. A QUORUM SHALL BE AT LEAST 50% OF THE CURRENT VOTING MEMBERS. A MAJORITY PRESENT AND VOTING SHALL CARRY ANY MOTION OR RESOLUTION. MEMBERS MAY BE PRESENT EITHER IN PERSON OR VIA TELEPHONE, VIDEO CONFERENCING, OR SIMILAR ELECTRONIC MEANS ALLOWING THE MEMBERS TO PARTICIPATE IN DISCUSSION PRIOR TO A VOTE. ANY VOTE MAY BE CONDUCTED VIA E-MAIL OR OTHER ELECTRONIC COMMUNICATION PROVIDED THAT THE VOTE CONTAINS NO DISSENTS, IS PROVIDED IN WRITTEN FORM (SUCH AS EMAIL OR OTHER ELECTRONIC MEANS) AND THE APPROVAL OF EACH MEMBER PARTICIPATING IS RECORDED IN CORPORATIONS CORPORATE RECORDS. 14.2.3. THE ENDOWMENT BOARD SHALL ELECT A CHAIR AND RECORDING SECRETARY. IN THE EVENT THE TREASURER OF THE WCF IS NOT THE CHAIR OF THE ENDOWMENT BOARD THEN THE ENDOWMENT BOARD SHALL ALSO ELECT A FINANCIAL SECRETARY. THE CHAIRPERSON OF THE ENDOWMENT BOARD, OR MEMBER DESIGNATED BY THE CHAIRPERSON, SHALL PRESIDE AT ALL ENDOWMENT BOARD MEETINGS. THE RECORDING SECRETARY SHALL MAINTAIN COMPLETE AND ACCURATE MINUTES OF ALL ENDOWMENT BOARD MEETINGS AND SUPPLY A COPY THEREOF TO EACH MEMBER, THE EXECUTIVE DIRECTOR AND THE PRESIDENT. THE EXECUTIVE DIRECTOR, THE TREASURER, AND IF APPOINTED THE FINANCIAL SECRETARY SHALL BE AUTHORIZED TO SIGN ANY DOCUMENTS ON BEHALF OF THE WCF IN RESPECT TO MANAGING THE ENDOWMENT FUND. IF THE ENDOWMENT BOARD ELECTS A FINANCIAL SECRETARY THAT INDIVIDUAL WILL WORK UNDER THE SUPERVISION OF THE TREASURER. IT IS IN THIS RELATIONSHIP THAT COMMUNICATION AND COORDINATION OF ACCOUNTS, RECORDS, TRANSACTIONS, ETC., ARE AFFECTED. 14.2.4. THE ENDOWMENT BOARD SHALL REPORT TO THE WCF BOARD IMMEDIATELY AFTER EACH ENDOWMENT FUND BOARD MEETING, AND ANNUALLY, RENDER A FULL AND COMPLETE ACCOUNT TO THE WCF BOARD OF DIRECTORS OF THE ADMINISTRATION AND FINANCIAL PERFORMANCE OF THE ENDOWMENT FUND DURING THE PRECEDING YEAR. WITH THE APPROVAL OF THE TREASURER AND THE EXECUTIVE DIRECTOR, THE ENDOWMENT BOARD MAY RETAIN PROFESSIONAL ADVISORS TO ASSIST IN ITS MANAGEMENT OF THE ENDOWMENT FUND. 14.3. INVESTMENT MANAGEMENT PRINCIPLES AND DISTRIBUTION 14.3.1. THE INVESTMENT GOAL OF THE ENDOWMENT FUND IS TO ACHIEVE A TOTAL RETURN THAT PROVIDES A REASONABLE INCOME, COVERS THE MANAGEMENT FEES AND ALSO PROVIDES FOR LONG-TERM GROWTH OF THE ENDOWMENT FUND. SUBJECT TO THE DIRECTION OF THE WCF BOARD OF DIRECTORS, THE ENDOWMENT BOARD MAY HOLD, SELL, EXCHANGE, RENT, LEASE, TRANSFER, CONVERT, INVEST, REINVEST, AND IN ALL OTHER RESPECTS TO MANAGE AND CONTROL THE ASSETS OF THE ENDOWMENT FUND, INCLUDING STOCKS, BONDS, DEBENTURES, MORTGAGES, NOTES, INSURANCE POLICIES OR OTHER SECURITIES, AS IN THEIR JUDGMENT AND DISCRETION THEY DEEM WISE AND PRUDENT. 14.3.2. MEMBERS SHALL NOT BE LIABLE FOR ANY LOSSES THAT MAY BE INCURRED UPON THE INVESTMENTS OF THE ASSETS OF THE ENDOWMENT FUND EXCEPT TO THE EXTENT SUCH LOSSES SHALL HAVE BEEN CAUSED BY BAD FAITH OR GROSS NEGLIGENCE. NO MEMBER SHALL BE PERSONALLY LIABLE AS LONG AS HE/SHE ACTS IN GOOD FAITH AND WITH ORDINARY PRUDENCE. EACH MEMBER SHALL BE LIABLE ONLY FOR HIS/HER OWN WILLFUL MISCONDUCT OR OMISSIONS, AND SHALL NOT BE LIABLE FOR THE ACTS OR OMISSIONS OF ANY OTHER MEMBER. NO MEMBER SHALL ENGAGE IN ANY SELF DEALING OR TRANSACTIONS WITH THE ENDOWMENT FUND IN WHICH THE MEMBER HAS DIRECT OR INDIRECT FINANCIAL INTEREST AND SHALL AT ALL TIMES REFRAIN FROM ANY CONDUCT IN WHICH HIS/HER PERSONAL INTERESTS WOULD CONFLICT WITH THE INTEREST OF THE ENDOWMENT FUND OR THE WCF. 14.3.3. THE ENDOWMENT BOARD SHALL DETERMINE WHAT IS PRINCIPAL AND INCOME, ACCORDING TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. IF REQUESTED BY THE WCF BOARD OF DIRECTORS, THE ENDOWMENT BOARD SHALL DISTRIBUTE ANY INCOME OF THE ENDOWMENT FUND TO THE WCFS OTHER ACCOUNTS. FOR THE AVOIDANCE OF DOUBT, THE WCF HAS NO OBLIGATION TO REQUEST ANY DISTRIBUTION FROM THE ENDOWMENT FUND. THE PRINCIPLE OF THE ENDOWMENT FUND MAY ONLY BE DISTRIBUTED ACCORDING TO THE TERMS OF THIS SECTION ONCE DURING ANY TWELVE-MONTH PERIOD. THE WCF MAY UTILIZE THE PRINCIPLE PROVIDED SUCH AMOUNTS ARE RE-DEPOSITED BACK INTO THE ENDOWMENT FUND WITHIN A REASONABLE AMOUNT OF TIME ALONG WITH A REASONABLE RATE OF INTEREST. ANY OTHER DISTRIBUTION OF PRINCIPLE MUST BE APPROVED BY AT LEAST TWO-THIRDS (2/3) OF THOSE PRESENT AND VOTING AT TWO SEQUENTIAL MEETINGS OF THE WCF BOARD OF DIRECTORS. 14.3.4. IN THE EVENT THE WCF CEASES TO EXIST THROUGH MERGER OR DISSOLUTION, DISPOSITION OF ANY REMAINING ASSTS IN THE ENDOWMENT FUND SHALL BE DONE IN COMPLIANCE WITH THE WCF ARTICLES OF INCORPORATION AND BYLAWS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE EXECUTIVE DIRECTOR WHO THEN PRESENTS THE RETURN TO THE BOARD FOR REVIEW. UPON APPROVAL BY BOTH THE EXECUTIVE DIRECTOR AND THE BOARD, THE FORM 990 IS SUBMITTED FOR EFILING. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REGULARLY DISCUSSES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICIES DURING ITS MONTHLY MEETINGS. FORM 990, PAGE 6, PART VI, LINE 19 IF A REQUEST IS RECEIVED TO REVIEW THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, OR THE FINANCIAL STATEMENTS, THE REQUEST IS SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND THAT COMMITTEE ACTS UPON THE SPECIFIC REQUEST.