Civic Intelligence

Wright on the Park Inc.

990 • Fiscal year 2018 • EIN 20-3306274

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileWWW.WRIGHTONTHEPARK.ORG
PO Box 792Mason City, IA 50402-0792

(641) 423-0689

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

10th percentile

0.02x

Higher debt load relative to revenue than 10% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

79th percentile

21%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

63rd percentile

5.4%

Faster asset growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

43rd percentile

2.0%

Faster revenue growth than 43% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$15,296,930

Up $779,881 (+5.4%) from 2017

Net Assets

Up

$15,294,705

Up $784,168 (+5.4%) from 2017

Liabilities

Down

$2,225

Down $4,287 (-66%) from 2017

Revenue And Expenses
Liabilities / Revenue10th percentileNet Margin79th percentile

Revenue

Up

$116,539

Up $2,274 (+2.0%) from 2017

Expenses

Up

$91,544

Up $16,747 (+22%) from 2017

Net Income

Down

$24,995

Down $14,473 (-37%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $17,365,532Liabilities 2011: $5,129,083Net Assets 2011: $12,236,4492011Assets 2012: $14,527,570Liabilities 2012: $5,630Net Assets 2012: $14,521,9402012Assets 2013: $14,406,636Liabilities 2013: $1,216Net Assets 2013: $14,405,4202013Assets 2014: $14,406,808Liabilities 2014: $2,959Net Assets 2014: $14,403,8492014Assets 2015: $14,443,934Liabilities 2015: $5,339Net Assets 2015: $14,438,5952015Assets 2016: $14,476,645Liabilities 2016: $5,576Net Assets 2016: $14,471,0692016Assets 2017: $14,517,049Liabilities 2017: $6,512Net Assets 2017: $14,510,5372017Assets 2018: $15,296,930Liabilities 2018: $2,225Net Assets 2018: $15,294,7052018Assets 2019: $18,354,444Liabilities 2019: $1,436Net Assets 2019: $18,353,0082019Assets 2020: $18,381,058Liabilities 2020: $1,001Net Assets 2020: $18,380,0572020Assets 2021: $18,487,756Liabilities 2021: $1,102Net Assets 2021: $18,486,6542021Assets 2022: $18,609,444Liabilities 2022: $1,336Net Assets 2022: $18,608,1082022Assets 2023: $18,669,924Liabilities 2023: $1,273Net Assets 2023: $18,668,6512023Assets 2024: $18,776,176Liabilities 2024: $1,579Net Assets 2024: $18,774,5972024

Highlighted filing

2018

Assets$15,296,930
Liabilities$2,225
Net Assets$15,294,705
Open 2018 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $468,9442011Expenses 2012: $1,712,7752012Revenue 2013: $151,693Expenses 2013: $268,213Net Income 2013: -$116,5202013Revenue 2014: $109,758Expenses 2014: $111,329Net Income 2014: -$1,5712014Revenue 2015: $136,471Expenses 2015: $101,725Net Income 2015: $34,7462015Revenue 2016: $101,063Expenses 2016: $68,589Net Income 2016: $32,4742016Revenue 2017: $114,265Expenses 2017: $74,797Net Income 2017: $39,4682017Revenue 2018: $116,539Expenses 2018: $91,544Net Income 2018: $24,9952018Revenue 2019: $101,149Expenses 2019: $69,351Net Income 2019: $31,7982019Revenue 2020: $67,199Expenses 2020: $40,150Net Income 2020: $27,0492020Revenue 2021: $161,352Expenses 2021: $54,755Net Income 2021: $106,5972021Revenue 2022: $184,430Expenses 2022: $62,976Net Income 2022: $121,4542022Revenue 2023: $116,062Expenses 2023: $55,519Net Income 2023: $60,5432023Revenue 2024: $179,261Expenses 2024: $73,315Net Income 2024: $105,9462024

Highlighted filing

2018

Revenue$116,539
Expenses$91,544
Net Income$24,995
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$149,878
Mission and Program Overview

Mission

The mission of wright on the park, inc. Is to own, preserve and maintain the historic park inn hotel designed by frank lloyd wright and to provide continuing education to the public about its place in the context of architectural history.

The primary purpose of the organization is to restore, preserve and maintain the frank lloyd wright designed properties across from central park in mason city, iowa for the purpose of promoting an appreciation of local mason city buildings and the significance of historical and architectural influence. The organization also provides history and education related to the buildings, frank lloyd wright and prairie school architecture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net-$4,206,852-
Savings and Temporary Cash Investments$363,883$341,971▼ $21,912
Cash and Non-Interest-Bearing Accounts$44,239$46,890▲ $2,651
Land, Buildings, and Equipment, Net$3,506$2,596▼ $910
Total Assets$14,517,049$15,296,930▲ $779,881
Other Assets Total$14,105,421$10,698,621▼ $3,406,800
Liabilities
Accounts Payable and Accrued Expenses$6,512$2,225▼ $4,287
Total Liabilities$6,512$2,225▼ $4,287
Net Assets / Fund Balance
Unrestricted Net Assets$14,510,537$15,294,705▲ $784,168
Total Net Assets Fund Balance$14,510,537$15,294,705▲ $784,168
Total Liabilities and Net Assets / Fund Balance$14,517,049$15,296,930▲ $779,881

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,596$10,233$12,829
Other Assets Org$11,422--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$23,043$3,000▼ $913-$24,853
2017$13,802$6,500▲ $2,934-$23,043
2016$10,000$1,600▲ $2,323-$13,802
2015-$10,000--$10,000
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Scott BorcherdingPresident
Alice HanleyDirector
Elizabeth GalesDirector
Kaitlyn AusbornDirector
MATTHEW O'BRIENDirector
Parker ThirnbeckDirector
Peggy BangDirector
Tara SchlichtingDirector
Tom ThomaDirector
Joan PlatzFinance Dire
Julie BauerSecretary
Dennis ReidelVP & Treasur
Revenue and Support

Revenue Composition

Contributions and Grants
$84,832
Program Service Revenue
$11,966
Investment Income
$6,484
Other Revenue
$13,257
All Other Contributions
$77,955
Change in Net Assets
$24,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,520
Salaries, Compensation, and Employee Benefits$37,024
Total Fundraising Expense$2,315
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,196$17,197-$34,393
Fees for Services Legal$10,197--$10,197
Occupancy-$9,498-$9,498
Office Expenses$1,126$6,473-$7,599
Insurance-$6,881-$6,881
Fees for Services Accounting-$3,293-$3,293
Payroll Taxes$1,315$1,316-$2,631
Advertising$838-$1,700$2,538
Information Technology$1,230$615$615$2,460
Depreciation Depletion-$910-$910
Fees for Services Other$728--$728
Travel$266$266-$532
Other Expenses$3,145$230-$230
All Other Expenses-$210-$210
Total Functional Expenses$39,957$49,272$2,315$91,544
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,375
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The treasurer reviews the form 990 with the cpa firm preparing the return before it is filed. The return is available to all board members upon request.”

Form 990, Page 6, Part VI, Line 12C

“Board president reviews potential conflicts of interest on a regular basis with the directors.”

Form 990, Page 6, Part VI, Line 15A

“Compensation is reviewed on an annual basis. Compensation changes are approved by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“The organization will provide to the public copies of its governing documents upon request.”

Filing and Contact Details

Filer

Filer Name
Wright on the Park Inc
EIN
20-3306274
Phone
6414230689
Address
PO BOX 792, MASON CITY, IA 50402-0792

Signing Officer

Name
Dennis Reidel
Title
VP & Treasurer
Phone
6414230689
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Borcherding
Formed
2005
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
2
Volunteers
64

Preparer

Firm
Hogan - Hansen Pc
Address
PO BOX 1318, MASON CITY, IA 50402-1318
Preparer
Laura Monaghan CPA
Phone
6414230574
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The primary purpose of the organization is to restore, preserve and maintain the frank lloyd wright designed properties across from central park in mason city, iowa for the purpose of promoting an appreciation of local mason city buildings and the significance of historical and architectural influence. The organization also provides history and education related to the buildings, frank lloyd wright and prairie school architecture.”

Form 990, Part XI, Line 9

“Consolidate investment fund, llc 759,173”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The earnings on the endowment will be utilized to further wright on the park's purpose of owning and preserving frank lloyd wright's historic park inn hotel while continuing to educate the public about the building's place in the context of architectural history.”

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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06473
IRS990/OfficeExpensesGrp/ProgramServicesAmt01126
IRS990/OfficeExpensesGrp/TotalAmt07599
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014105421
IRS990/OtherAssetsTotalGrp/EOYAmt010698621
IRS990/OtherChangesInNetAssetsAmt0759173
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3BOOKS, SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0439
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11944
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2230
IRS990/OtherExpensesGrp/ProgramServicesAmt03916
IRS990/OtherExpensesGrp/ProgramServicesAmt13145
IRS990/OtherExpensesGrp/TotalAmt04355
IRS990/OtherExpensesGrp/TotalAmt13145
IRS990/OtherExpensesGrp/TotalAmt21944
IRS990/OtherExpensesGrp/TotalAmt3230
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUES
IRS990/OtherRevenueMiscGrp/Desc1INCREASE (DECREASE) IN BENEFI
IRS990/OtherRevenueMiscGrp/ExclusionAmt03725
IRS990/OtherRevenueMiscGrp/ExclusionAmt11800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03725
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11800
IRS990/OtherRevenueTotalAmt05525
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017197
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt017196
IRS990/OtherSalariesAndWagesGrp/TotalAmt034393
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04206852
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01316
IRS990/PayrollTaxesGrp/ProgramServicesAmt01315
IRS990/PayrollTaxesGrp/TotalAmt02631
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SCOTT BORCHERDING
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0TOUR INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011966
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011966
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt046239
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt018190
IRS990/PYOtherExpensesAmt048154
IRS990/PYOtherRevenueAmt040112
IRS990/PYProgramServiceRevenueAmt09724
IRS990/PYRevenuesLessExpensesAmt039468
IRS990/PYSalariesCompEmpBnftPaidAmt026643
IRS990/PYTotalExpensesAmt074797
IRS990/PYTotalRevenueAmt0114265
IRS990/ReconcilationRevenueExpnssAmt024995
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt011966
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0363883
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0341971
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS REVENUES 20,396 TOUR INCOME 13,147 SALE OF ITEMS 73,784
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt084832
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt046239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt036884
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt079035
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt048531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0295521
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06484
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018190
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018348
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018757
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt019051
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt080830
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt071393
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03725
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0960
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt033764
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt026702
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt042176
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0107327
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61100
IRS990ScheduleA/PublicSupportPY170Pct00.54810
IRS990ScheduleA/PublicSupportTotal170Amt0295521
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt084832
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt046239
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt036884
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt079035
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt048531
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0295521
IRS990ScheduleA/TotalSupportAmt0483678
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.45960
IRS990ScheduleD/BuildingsGrp/BookValueAmt02596
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010233
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012829
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0277
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt023043
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt03000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt024853
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-913
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0191
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt013802
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt06500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt023043
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02934
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0121
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01600
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt013802
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02323
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010648768
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt125000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt213431
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt311422
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN WOTP MM
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM WOTP LANDLORD, LLC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PERMANENT ENDOWMENT FUND - CFNEI
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3QUASI ENDOWMENT FUND-CFNEI
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.54040
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE EARNINGS ON THE ENDOWMENT WILL BE UTILIZED TO FURTHER WRIGHT ON THE PARK'S PURPOSE OF OWNING AND PRESERVING FRANK LLOYD WRIGHT'S HISTORIC PARK INN HOTEL WHILE CONTINUING TO EDUCATE THE PUBLIC ABOUT THE BUILDING'S PLACE IN THE CONTEXT OF ARCHITECTURAL HISTORY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02596
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010698621
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO RESTORE, PRESERVE AND MAINTAIN THE FRANK LLOYD WRIGHT DESIGNED PROPERTIES ACROSS FROM CENTRAL PARK IN MASON CITY, IOWA FOR THE PURPOSE OF PROMOTING AN APPRECIATION OF LOCAL MASON CITY BUILDINGS AND THE SIGNIFICANCE OF HISTORICAL AND ARCHITECTURAL INFLUENCE. THE ORGANIZATION ALSO PROVIDES HISTORY AND EDUCATION RELATED TO THE BUILDINGS, FRANK LLOYD WRIGHT AND PRAIRIE SCHOOL ARCHITECTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER REVIEWS THE FORM 990 WITH THE CPA FIRM PREPARING THE RETURN BEFORE IT IS FILED. THE RETURN IS AVAILABLE TO ALL BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD PRESIDENT REVIEWS POTENTIAL CONFLICTS OF INTEREST ON A REGULAR BASIS WITH THE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS REVIEWED ON AN ANNUAL BASIS. COMPENSATION CHANGES ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION WILL PROVIDE TO THE PUBLIC COPIES OF ITS GOVERNING DOCUMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSOLIDATE INVESTMENT FUND, LLC 759,173
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0271317738
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0WOTP MANAGING MEMBER INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO BOX 792
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0MASON CITY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd0504020792
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,296,930
Liabilities
$2,225
Net assets
$15,294,705
Revenue
$116,539
Expenses
$91,544
Net income
$24,995
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$0.00$18.8$0.18$0.07$0.11
2023Detailed filing. Detailed filing data is available for this year.$18.7$0.00$18.7$0.12$0.06$0.06
2022Detailed filing. Detailed filing data is available for this year.$18.6$0.00$18.6$0.18$0.06$0.12
2021Detailed filing. Detailed filing data is available for this year.$18.5$0.00$18.5$0.16$0.05$0.11
2020Detailed filing. Detailed filing data is available for this year.$18.4$0.00$18.4$0.07$0.04$0.03
2019Detailed filing. Detailed filing data is available for this year.$18.4$0.00$18.4$0.10$0.07$0.03
2018Detailed filing. Detailed filing data is available for this year.$15.3$0.00$15.3$0.12$0.09$0.02
2017Detailed filing. Detailed filing data is available for this year.$14.5$0.01$14.5$0.11$0.07$0.04
2016Detailed filing. Detailed filing data is available for this year.$14.5$0.01$14.5$0.10$0.07$0.03
2015Detailed filing. Detailed filing data is available for this year.$14.4$0.01$14.4$0.14$0.10$0.03
2014Detailed filing. Detailed filing data is available for this year.$14.4$0.00$14.4$0.11$0.11$0.00
2013Detailed filing. Detailed filing data is available for this year.$14.4$0.00$14.4$0.15$0.27$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$0.01$14.5$1.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$5.13$12.2$0.47