2024-10-17T11:41:27-05:00 2023-12-31 390758449 WIPFLI LLP 2501 W BELTLINE HWY STE 501 MADISON WI 53713 990 2023-01-01 391681988 TALIESIN PRESERVATION INC TALI 6085887090 5607 COUNTY ROAD C SPRING GREEN WI 53588 CARRIE RODAMAKER EXECUTIVE DIRECTOR 6085887090 2024-08-28 1 0 QUINN DUGAN P02267768 6082741980 2024-08-28 2023 2024-10-15 13:58:12Z CARRIE RODAMAKER 5607 COUNTY ROAD C SPRING GREEN WI 53588 4273478 0 X WWW.TALIESINPRESERVATION.ORG X 1990 WI TO PRESERVE THE TALIESIN ESTATE & EDUCATE THE PUBLIC ON FRANK LLOYD WRIGHT. 21 21 71 41 30701 7198 230284 1763668 1507769 1748598 13088 63356 368621 383999 2119762 3959621 161769 235009 0 0 1174602 1372434 60000 0 198854 775544 722262 2171915 2329705 -52153 1629916 4056210 5811120 263631 383948 3792579 5427172 X AS STEWARDS, TALIESIN PRESERVATION, INC.'S DUAL MISSION IS TO PRESERVE THE CULTURAL, BUILT AND NATURAL ENVIRONMENTS THAT COMPRISE THE TALIESIN PROPERTY AND TO CONDUCT PUBLIC EDUCATIONAL AND CULTURAL PROGRAMMING THAT PROVIDES A GREATER UNDERSTANDING OF FRANK LLOYD WRIGHT'S ARCHITECTURE AND IDEAS. 0 0 1390544 0 2093903 VISITATION PROGRAM:THIS PROGRAM RESPONDS TO A GROWING PUBLIC DEMAND FOR A FIRST-HAND EDUCATIONAL EXPERIENCE AT THE TALIESIN ESTATE. EACH YEAR, OVER 25,000 GUESTS VISIT THE HISTORIC SITE. SEVERAL COMPREHENSIVE TOURS ARE OFFERED AS WELL AS PROGRAMMING TO INTEGRATE THE PRESERVATION FOCUS ON ARCHITECTURE, NATURE AND CULTURE. ENHANCED PUBLIC ACCESS OPPORTUNITIES ALLOW VISITORS TO EXPERIENCE THE TALIESIN LEGACY OF ARCHITECTURE AND DESIGN, EDUCATION, AGRICULTURE AND THE ARTS. TO BALANCE THE VISITOR EXPERIENCE, A GIFTSHOP, CAFE AND EXHIBITS ON FRANK LLOYD WRIGHT'S LIFE, WORK, AND CONCEPTS ARE ALSO OFFERED. 266192 235009 0 PRESERVATION PROGRAM:THIS PROGRAM PROVIDES RESOURCES FOR THE ONGOING PRESERVATION OF THE TALIESIN ESTATE. THIS INCUDES FINANCIAL CONTRIBUTIONS TOWARD PRESERVATION WORK ON THE BUILDINGS AND LANDSCAPES, AS WELL AS PRESERVATION COMMITTEE SUPPORT AND PROFESSIONAL WISCONSIN CONNECTIONS IN ORDER TO ENSURE THE INTEGRITY OF THE SITE FOR FUTURE GENERATIONS. 1656736 1 1 0 0 0 0 1 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 71 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X ANDREA DUMKE 6085887090 5607 COUNTY ROAD C SPRING GREEN WI 53588 DOUGLAS BUCK BOARD CHAIR 1.00 X X 0 0 0 DIANE MORGENTHALER BOARD VICE CHAIR 1.00 X X 0 0 0 ALAN BREY BOARD TREASURER 1.00 X X 0 0 0 PHILLIP PRANGE BOARD SECRETARY 1.00 X X 0 0 0 CANDEE ARNDT TRUSTEE 1.00 X 0 0 0 MIKE HUFFMAN TRUSTEE 1.00 X 0 0 0 KARL KRAEMER TRUSTEE 1.00 X 0 0 0 JOHN MACY TRUSTEE 1.00 X 0 0 0 MICHAEL MAISTELMAN TRUSTEE 1.00 X 0 0 0 RICK MCKENNA TRUSTEE 1.00 X 0 0 0 THAD NATION TRUSTEE 1.00 X 0 0 0 JEFFREY RAASCH TRUSTEE 1.00 X 0 0 0 GERARD RANDALL TRUSTEE 1.00 X 0 0 0 ROSHELLE RITZENTHALER TRUSTEE 1.00 X 0 0 0 ANNE SAYERS GOVERNOR APPOINTEE 1.00 X 0 0 0 AMY SCANLON TRUSTEE 1.00 X 0 0 0 BRIAN SCHIMMING TRUSTEE 1.00 X 0 0 0 MARK SCHMITZ TRUSTEE 1.00 X 0 0 0 VAL SCHUTE TRUSTEE 1.00 X 0 0 0 DIANE AL SHIHABI TRUSTEE 1.00 X 0 0 0 JAIME ZIMMERMAN TRUSTEE 1.00 X 0 0 0 CARRIE RODAMAKER EXECUTIVE DIRECTOR 40.00 X 122673 0 12870 CYPRESS YORK FINANCE DIRECTOR 40.00 X 76024 0 9246 198697 0 22116 1 0 0 0 0 1763668 1763668 TOURS 713990 1624594 1624594 EDUCATIONAL PROGRAMS 611600 124004 124004 1748598 59356 59356 4000 0 4000 4000 4000 594218 313857 280361 280361 CAFE REVENUE 722514 64944 64944 FACILITY RENTAL 900099 30701 30701 7993 7993 103638 3959621 2093903 30701 71349 235009 235009 220813 146828 53745 20240 971071 645710 236353 89008 15585 10364 3793 1428 72108 47947 17551 6610 92857 61745 22601 8511 18630 18630 116774 52135 49283 15356 71534 17876 35772 17886 102441 31161 34435 36845 17142 17142 74207 74207 5873 2623 1732 1518 1771 1771 99027 99027 51736 51736 ACCESS FEE 50000 50000 SERVICE FEES 23627 21955 220 1452 CAFE EXPENSES 22113 22113 DUES AND SUBCRIPTIONS 12830 12830 54557 54557 2329705 1656736 474115 198854 448974 109790 518306 1118353 6000 1510000 410 22557 56562 67011 36090 44407 2450377 1702272 826341 748105 48959 55563 2114568 2135334 4056210 5811120 232827 381879 30804 2069 263631 383948 X 3782579 3878156 10000 1549016 3792579 5427172 4056210 5811120 1629916 4677 0 X 0 1 X 1 0 X 203783 587433 1229694 230284 1763668 4014862 2313197 635103 1858220 2104495 2407760 9318775 1553 3710 5034 25202 7993 43492 2518533 1226246 3092948 2359981 4179421 13377129 0 0 0 13377129 33601 15663 13023 14365 59356 136008 5686 5686 33601 15663 13023 14365 65042 141694 2552134 1241909 3105971 2374346 4244463 13518823 0.98950 0.99130 0.01050 0.00870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 800.00 1 0 1 1 14697.00 195467 1 86070 86070 1748536 1176116 572420 108957 107994 963 506814 418162 88652 748105 EASEMENT RIGHTS 864228 LONG TERM CERTIFICATES OF DEPOSIT 1271106 2135334 X 3942185 4677 4677 3937508 22113 22113 3959621 2307592 0 2307592 22113 22113 2329705 PART II, LINE 5: THE ORGANIZATION HAS A WRITTEN POLICY REGARDING THE PERIODIC MONITORING, INSPECTION, HANDLING OF VIOLATIONS, AND ENFORCEMENT OF THE CONSERVATION EASEMENT REFLECTED IN THE ORGANIZATION'S EASEMENT DOCUMENTS. PER THE DOCUMENTS IF A DEFAULT OR BREACH OF THE EASEMENT OCCURS THE ORGANIZATION WILL HAVE FIFTEEN (15) DAYS TO REMEDY THE BREACH. IF THE BREACH IS NOT REMEDIED WITHIN THE 15 DAY PERIOD AND THEY WISH TO MAKE A REMEDY THEY WILL BE GRANTED SUCH TIME AS IT WOULD REASONABLY TAKE TO REMEDY THE DEFAULT. IF THE ORGANIZATION DOES NOT REMEDY THE DEFAULT THEN THE FOUNDATION MAY INSTITUTE SUITS TO ENJOIN THE BREACH, REQUIRE THAT THE PROPERTY BE RESTORED PROMPTLY TO THE CONDITION REQUIRED BY THE EASEMENT AGREEMENT OR EXERCISE ANY AND ALL OTHER REMEDIES THAT MAY BE AVAILABLE. PART II, LINE 9: THE FRANK LLOYD WRIGHT FOUNDATION (THE "FOUNDATION") OWNS THE PROPERTY, BUILDINGS, AND LICENSING RIGHTS OF FRANK LLOYD WRIGHT. TPI COMPENSATED THE FOUNDATION IN ORDER TO OBTAIN ACCESS TO THE PROPERTIES IN PERPETUITY. THE AMOUNT ORIGINALLY PAID FOR THE EASEMENT RIGHTS WAS $1,571,323. THE ACCUMULATED AMORTIZATION OF EASEMENT RIGHTS THROUGH DECEMBER 31, 2001, WAS $707,095 AND A NET BOOK VALUE OF $864,228. SINCE 2001, THE NET BOOK VALUE OF THE EASEMENT RIGHTS IS ANNUALLY REVIEWED FOR IMPAIRMENT. THERE WAS NO IMPAIRMENT OF EASEMENT RIGHTS DURING 2023 OR 2022. THE BALANCE OF THE EASEMENT RIGHTS AT DECEMBER 31, 2023 AND 2022 WAS $864,228. PART X, LINE 2: TALIESIN PRESERVATION, INC. (TPI) IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. TPI HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: CAFE EXPENSES 22,113. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAFE EXPENSES 22,113. 1 FRANK LLOYD WRIGHT FOUNDATION 12621 N FRANK LLOYD WRIGHT BLVD SCOTTSDALE AZ 85259 860197576 501(C)(3) 235009 0 PRESERVATION 1 0 PART I, LINE 2: ALL GRANT-FUNDED PROGRAMS OR PROJECTS ARE MANAGED ACCORDING TO THE TERMS SET FORTH IN THE GRANT AGREEMENT AND TALIESIN PRESERVATION POLICIES AND PROCEDURES. IT IS THE RESPONSIBILITY OF THE GRANT PROJECT MANAGER TO ENSURE THAT FUNDS ARE PROPERLY EXPENDED AND TIMELINE REQUIREMENTS ARE MET. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE TREASURER THEN IS PROVIDED TO THE ENTIRE BOARD FOR THEIR REVIEW PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION DOES MONITOR AND ENFORCE COMPLIANCE. THE ORGANIZATION RECEIVES A SIGNED CONFLICT OF INTEREST STATEMENT FROM ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ON AN ANNUAL BASIS. ANY INDIVIDUAL WITH AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST WILL BE RECUSED FROM ANY DISCUSSION OR VOTE ON THE MATTER TO WHICH THE CONFLICT RELATES. FORM 990, PART VI, SECTION B, LINE 15 COMPARABILITY DATA AND EMPLOYEE REVIEWS ARE UTILIZED. THE EXECUTIVE COMMITTEE DETERMINES THE EXECUTIVE DIRECTOR COMPENSATION. PER ACCOUNTING MANUAL: WAGES ARE EVALUATED AND UPDATED ON AN ANNUAL BASIS THROUGH THE BUDGET PROCESS. AFTER APPROVAL BY THE BOARD, WRITTEN AUTHORIZATIONS BY THE EXECUTIVE DIRECTOR ARE REQUIRED FOR ANY CHANGES IN SALARIES, HIRING, ETC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.