Civic Intelligence

The Witte Foundation

990 • Fiscal year 2019 • EIN 74-2755365

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 15, 2020

Organization ProfileWWW.WITTEMUSEUM.ORG
3801 BroadwaySan Antonio, TX 78209

(210) 357-1900

Siviq Scores

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

Liabilities / Assets

95th percentile

1.31x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

100th percentile

36.82x

Higher debt load relative to revenue than 100% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

2nd percentile

-174%

Higher net margin than 2% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

94th percentile

$299,612

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 429.3% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

22nd percentile

-4.1%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-87%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$1,959,028

Down $84,078 (-4.1%) from 2018

Net Assets

Down

-$610,755

Down $121,154 (-25%) from 2018

Liabilities

Up

$2,569,783

Up $37,076 (+1.5%) from 2018

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin2nd percentile

Revenue

Down

$69,788

Down $462,196 (-87%) from 2018

Expenses

Down

$190,942

Down $51,355 (-21%) from 2018

Net Income

Down

-$121,154

Down $410,841 (-142%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $4,202,091Liabilities 2011: $4,757,658Net Assets 2011: -$555,5672011Assets 2012: $3,896,912Liabilities 2012: $4,577,887Net Assets 2012: -$680,9752012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $2,126,376Liabilities 2014: $2,187,640Net Assets 2014: -$61,2642014Assets 2015: $2,299,695Liabilities 2015: $2,612,016Net Assets 2015: -$312,3212015Assets 2016: $2,202,750Liabilities 2016: $2,751,054Net Assets 2016: -$548,3042016Assets 2017: $2,101,129Liabilities 2017: $2,880,417Net Assets 2017: -$779,2882017Assets 2018: $2,043,106Liabilities 2018: $2,532,707Net Assets 2018: -$489,6012018Assets 2019: $1,959,028Liabilities 2019: $2,569,783Net Assets 2019: -$610,7552019Assets 2020: $6,904,665Liabilities 2020: $4,305,527Net Assets 2020: $2,599,1382020Assets 2021: $6,687,465Liabilities 2021: $4,252,605Net Assets 2021: $2,434,8602021Assets 2022: $6,918,313Liabilities 2022: $4,838,872Net Assets 2022: $2,079,4412022Assets 2023: $6,935,330Liabilities 2023: $5,196,429Net Assets 2023: $1,738,9012023Assets 2024: $8,090,329Liabilities 2024: $6,442,979Net Assets 2024: $1,647,3502024

Highlighted filing

2019

Assets$1,959,028
Liabilities$2,569,783
Net Assets-$610,755
Open 2019 Filing

Operations Trend

Revenue Growth1st percentile

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

$1.0M$500K$0-$500KRevenue 2011: -$200,798Expenses 2011: $0Net Income 2011: -$200,7982011Expenses 2012: $132012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $61,264Net Income 2014: -$61,2642014Revenue 2015: $0Expenses 2015: $251,057Net Income 2015: -$251,0572015Revenue 2016: $0Expenses 2016: $235,983Net Income 2016: -$235,9832016Revenue 2017: $0Expenses 2017: $230,984Net Income 2017: -$230,9842017Revenue 2018: $531,984Expenses 2018: $242,297Net Income 2018: $289,6872018Revenue 2019: $69,788Expenses 2019: $190,942Net Income 2019: -$121,1542019Revenue 2020: $0Expenses 2020: $125,129Net Income 2020: -$125,1292020Revenue 2021: $0Expenses 2021: $350,904Net Income 2021: -$350,9042021Revenue 2022: -$5,484Expenses 2022: $349,935Net Income 2022: -$355,4192022Revenue 2023: $0Expenses 2023: $340,540Net Income 2023: -$340,5402023Revenue 2024: $0Expenses 2024: $363,703Net Income 2024: -$363,7032024

Highlighted filing

2019

Revenue$69,788
Expenses$190,942
Net Income-$121,154
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 15, 2020
Return Version
2018v3.3
Gross Receipts
$102,702
Mission and Program Overview

Mission

The witte foundation provides support to the witte museum by overseeing the investment of funds and distributing the investment income. (see schedule o for continuation)

The witte foundation provides support to the witte museum by overseeing the investment of funds and distribution of investment income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,043,106$1,959,028▼ $84,078
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,043,106$1,959,028▼ $84,078
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,779,685$1,702,619▼ $77,066
Other Liabilities$753,022$867,164▲ $114,142
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,532,707$2,569,783▲ $37,076
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-489,601$-610,755▼ $121,154
Total Net Assets Fund Balance$-489,601$-610,755▼ $121,154
Total Liabilities and Net Assets / Fund Balance$2,043,106$1,959,028▼ $84,078

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,850,114$499,026$2,349,140
Equipment$108,914$48,170$157,084
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Marise McdermottPresident and CEO
Jj FeikVice President
Dirk ElmendorfDirector
Don GonzalesDirector
Michael J BolnerDirector
Peggy WalkerDirector
Ryan BergSecretary
Jack SteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$60,453
Other Revenue
$9,335
Change in Net Assets
$-121,154

Audited Revenue Reconciliation

Revenue per Audited Statements
$69,788
Total Revenue per Audited Statements
$69,788
Total Revenue per Form 990
$69,788
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$190,942
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$102,337--$102,337
Interest$84,287--$84,287
Fees for Services Other$4,318--$4,318
Total Functional Expenses$190,942$0$0$190,942

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$190,942
Expenses per Audited Statements$106,655
Total Expenses per Audited Statements$106,655
Expenses Not Reported on Financial Statements$84,287
Other Expense Adjustments$84,287
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$867,164
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Process to review the form 990: the witte foundation's officers review the form 990 in draft form. If changes to the draft are necessary, the changes are completed prior to the printing of the final form 990. The final form 990 is available for review, in paper form, by the organization's governing body prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Compliance with conflict of interest policy: the witte foundation's bylaws contain a conflict of interest policy. The bylaws are reviewed annually to monitor compliance with this policy. The conflict of interest policy is also given, and applies, to the board of directors. In the event that a board member has a conflict of interest, he/she is required to abstain from voting.”

Form 990, Part VI, Section C, Line 19

“How documents are made available to public: the witte foundation makes any documents subject to open record requirements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Witte Foundation
EIN
74-2755365
In Care Of
% MARISE MCDERMOTT
Phone
2103571900
Address
3801 BROADWAY, SAN ANTONIO, TX 78209

Signing Officer

Name
Marise Mcdermott
Title
President
Phone
2103571924
Signed
2020-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marise Mcdermott
Formed
1995
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Bkd Llp
Address
8200 W Interstate 10 Suite 900, San Antonio, TX 78230-3806
Preparer
Kevin Ensminger
Phone
2103419400
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

“The organization's mission: the witte foundation's investments include the stout building purchased in july 2014. The building's purpose is to provide a museum quality storage facility for the collections of the witte museum.”

Financial Statement Notes

Schedule D, Part X, Line 2

“Guidance included in asc 740: management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material tax positions to be recorded or disclosed in the financial statements.”

Schedule D, Part XII, Line 4B

“Other amounts included on form 990 not included on the financials: $ 84,287 interest expense”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
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IRS990/NetAssetsOrFundBalancesBOYAmt0-489601
IRS990/NetAssetsOrFundBalancesEOYAmt0-610755
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt060453
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt060453
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt0753022
IRS990/OtherLiabilitiesGrp/EOYAmt0867164
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt09335
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09335
IRS990/OtherRevenueTotalAmt09335
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MARISE MCDERMOTT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0531984
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0242297
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0289687
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0242297
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0531984
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-121154
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0741400537
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE WITTE MUSEUM
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01850114
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0499026
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02349140
IRS990ScheduleD/EquipmentGrp/BookValueAmt0108914
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048170
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0157084
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt084287
IRS990ScheduleD/ExpensesSubtotalAmt0106655
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt084287
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0867164
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/RevenueSubtotalAmt069788
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GUIDANCE INCLUDED IN ASC 740: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1OTHER AMOUNTS INCLUDED ON FORM 990 NOT INCLUDED ON THE FINANCIALS: $ 84,287 INTEREST EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01959028
IRS990ScheduleD/TotalExpensesPerForm990Amt0190942
IRS990ScheduleD/TotalLiabilityAmt0867164
IRS990ScheduleD/TotalRevenuePerForm990Amt069788
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt069788
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0106655
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0260024
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt032250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07338
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARISE MCDERMOTT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0299612
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0METHODS USED BY A RELATED ORGANIZATION TO ESTABLISH COMPENSATION: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MISSION: THE WITTE FOUNDATION'S INVESTMENTS INCLUDE THE STOUT BUILDING PURCHASED IN JULY 2014. THE BUILDING'S PURPOSE IS TO PROVIDE A MUSEUM QUALITY STORAGE FACILITY FOR THE COLLECTIONS OF THE WITTE MUSEUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROCESS TO REVIEW THE FORM 990: THE WITTE FOUNDATION'S OFFICERS REVIEW THE FORM 990 IN DRAFT FORM. IF CHANGES TO THE DRAFT ARE NECESSARY, THE CHANGES ARE COMPLETED PRIOR TO THE PRINTING OF THE FINAL FORM 990. THE FINAL FORM 990 IS AVAILABLE FOR REVIEW, IN PAPER FORM, BY THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLIANCE WITH CONFLICT OF INTEREST POLICY: THE WITTE FOUNDATION'S BYLAWS CONTAIN A CONFLICT OF INTEREST POLICY. THE BYLAWS ARE REVIEWED ANNUALLY TO MONITOR COMPLIANCE WITH THIS POLICY. THE CONFLICT OF INTEREST POLICY IS ALSO GIVEN, AND APPLIES, TO THE BOARD OF DIRECTORS. IN THE EVENT THAT A BOARD MEMBER HAS A CONFLICT OF INTEREST, HE/SHE IS REQUIRED TO ABSTAIN FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOW DOCUMENTS ARE MADE AVAILABLE TO PUBLIC: THE WITTE FOUNDATION MAKES ANY DOCUMENTS SUBJECT TO OPEN RECORD REQUIREMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0WITTE MUSEUM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1WITTE MUSEUM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE WITTE MUSEUM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE WITTE TILE HOLDING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0741400537

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,959,028
Liabilities
$2,569,783
Net assets
-$610,755
Revenue
$69,788
Expenses
$190,942
Net income
-$121,154
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.09$6.44$1.65$0.00$0.36$0.36
2023Detailed filing. Detailed filing data is available for this year.$6.94$5.20$1.74$0.00$0.34$0.34
2022Detailed filing. Detailed filing data is available for this year.$6.92$4.84$2.08$0.01$0.35$0.36
2021Detailed filing. Detailed filing data is available for this year.$6.69$4.25$2.43$0.00$0.35$0.35
2020Detailed filing. Detailed filing data is available for this year.$6.90$4.31$2.60$0.00$0.13$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.96$2.57$0.61$0.07$0.19$0.12
2018Detailed filing. Detailed filing data is available for this year.$2.04$2.53$0.49$0.53$0.24$0.29
2017Detailed filing. Detailed filing data is available for this year.$2.10$2.88$0.78$0.00$0.23$0.23
2016Detailed filing. Detailed filing data is available for this year.$2.20$2.75$0.55$0.00$0.24$0.24
2015Detailed filing. Detailed filing data is available for this year.$2.30$2.61$0.31$0.00$0.25$0.25
2014Detailed filing. Detailed filing data is available for this year.$2.13$2.19$0.06$0.00$0.06$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$4.58$0.68$0.00
2011Summary only. Only limited summary data is available for this year.$4.20$4.76$0.56$0.20$0.00$0.20