Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE KRANZBERG ARTS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3224 LOCUST STREET 401
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ST LOUIS, MO63103
A Employer identification number

26-0482903
B Telephone number (see instructions)

(314) 514-8881
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$23,141,265J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 3,040,580
2 Check right arrow.............
3 Interest on savings and temporary cash investments 29,903 29,903 29,903
4 Dividends and interest from securities...      
5a Gross rents............ 1,207,607 1,207,607 1,207,607
b Net rental income or (loss) 620,124
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances 1,251,372
b Less: Cost of goods sold.... 826,981
c Gross profit or (loss) (attach schedule)..... 424,391 424,391
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,561,144 0 1,561,144
12 Total. Add lines 1 through 11........ 6,263,625 1,237,510 3,223,045
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 227,491 56,873 168,744 58,747
14 Other employee salaries and wages...... 1,403,878 350,969 1,041,343 362,535
15 Pension plans, employee benefits....... 253,338 63,334 187,917 65,422
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
76,683 0 50,280 26,403
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
68,813 13,763 49,858 18,955
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
413,975 0 271,436 142,539
17 Interest............... 159,034 0 104,276 54,758
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
76,452 76,452 76,452 0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
497,792 216,432 493,005
20 Occupancy.............. 420,462 81,958 293,879 126,583
21 Travel, conferences, and meetings....... 15,446 0 10,128 5,318
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
3,804,880 291,052 2,124,902 1,678,980
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,418,244 1,150,833 4,872,220 2,540,240
25 Contributions, gifts, grants paid....... 2,500 2,500
26 Total expenses and disbursements. Add lines 24 and 25 7,420,744 1,150,833 4,872,220 2,542,740
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,157,119
b Net investment income (if negative, enter -0-) 86,677
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 71,240 150,012 150,012
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow2,645,167
Less: allowance for doubtful accounts right arrow0 23,033 2,645,167 2,645,167
8 Inventories for sale or use.............. 41,780 48,493 48,493
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow9,069,437
Less: accumulated depreciation (attach schedule) right arrow1,041,195 8,148,914 Click to see attachment
List of Attached Documents:
// Content
8,028,242 		8,028,242
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow12,039,884
Less: accumulated depreciation (attach schedule) right arrow2,286,502 10,013,817 Click to see attachment
List of Attached Documents:
// Content
9,753,382 		9,753,382
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
747,590 		Click to see attachment
List of Attached Documents:
// Content
2,515,969 		Click to see attachment
List of Attached Documents:
// Content
2,515,969
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,046,374 23,141,265 23,141,265
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 7,700,000 Click to see attachment
List of Attached Documents:
// Content
9,314,137
21 Mortgages and other notes payable (attach schedule)...... 2,401,633 Click to see attachment
List of Attached Documents:
// Content
6,037,137
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,000 		Click to see attachment
List of Attached Documents:
// Content
4,369
23 Total liabilities (add lines 17 through 22)......... 10,103,633 15,355,643
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 8,942,741 7,785,622
29 Total net assets or fund balances (see instructions)..... 8,942,741 7,785,622
30 Total liabilities and net assets/fund balances (see instructions). 19,046,374 23,141,265
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
8,942,741
2
Enter amount from Part I, line 27a .....................
2
-1,157,119
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,785,622
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,785,622
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 1,205
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,205
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,205
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 14,909
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 19,909
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 18,704
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow18,704 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMO
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see attachment
List of Attached Documents:
// Content
.............
11
Yes
 
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.KRANZBERGARTSFOUNDATION.ORG
14
The books are in care ofright arrowKRANZBERG ARTS FOUNDATION Telephone no.right arrow (314) 549-9990

Located atright arrow3224 LOCUST STREETST LOUISMO ZIP+4right arrow63103
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
KENNETH S KRANZBERG TRUSTEE
6.00 		0 0 0
50 PICARDY LANE
ST LOUIS,MO63124
NANCY S KRANZBERG TRUSTEE
6.00 		0 0 0
50 PICARDY LANE
ST LOUIS,MO63124
MARY ANN SRENCO TRUSTEE
6.00 		0 0 0
50 PICARDY LANE
ST LOUIS,MO63124
CHRIS HANSEN FOUNDATION MANAGER
40.00 		227,491 0 0
3224 LOCUST STREET
ST LOUIS,MO63103
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
GINA GRAFOS DIRECTOR OF VISUAL I
40.00 		88,653 0 0
5383 REBER PLACE
ST LOUIS,MO63139
SUSAN MIKULAS DIRECTOR OF OPERATIO
40.00 		85,315 0 0
5 COVENTRY COURT
ST CHARLES,MO63304
ANN MCKEAL DIRECTOR OF ADMIN AN
40.00 		82,998 0 0
2745 ANN AVENUE
ST LOUIS,MO63104
BECKY HALE DIRECTOR OF SPECIAL
40.00 		82,219 0 0
1641 WHISPERING CREEK DR
BALLWIN,MO63021
JIM LANDRO FACILITIES MANAGER
40.00 		78,279 0 0
3006 COPENHAGEN DRIVE
ST LOUIS,MO63125
Total number of other employees paid over $50,000...................right arrow 7
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
HUSCH BLACKWELL LEGAL 57,985
8001 FORSYTH BLVD
ST LOUIS,MO63105
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 PROVIDE SPACE FOR PERFORMING ARTS AND COMMUNITY ARTS PROGRAMS 1,430,307
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
221,237
c
Fair market value of all other assets (see instructions)................
1c
4,848,577
d
Total (add lines 1a, b, and c).........................
1d
5,069,814
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
5,069,814
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
76,047
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
4,993,767
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
249,688
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,542,740
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
107,631
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,650,371
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
0 0 0 0 0
b 85% (0.85) of line 2a ......... 0 0 0 0 0
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		2,650,371 4,664,473 4,908,944 6,238,450 18,462,238
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		2,650,371 4,664,473 4,908,944 6,238,450 18,462,238
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		166,459 152,358 141,630 100,633 561,080
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
KENNETH S KRANZBERG
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ST LOUIS ART PLACE INITIATIVE

3224 LOCUST STREET
ST LOUIS,MO63103 		  PC EVENT FUNDRAISER 2,500
Total .................................right arrow 3a 2,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
aTICKETING REVENUE 711190       368,190
bNON INVESTMENT RENTAL INCOME 531120       751,863
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 29,903  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....         620,124
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory     03 424,391  
11 Other revenue:
aSPONSORSHIP INCOME 		    42   428,084
bMERCHANDISE INCOME     05   11,262
cOTHER INCOME     01   1,745
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 454,294 2,181,268
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,635,562
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1 THE FOUNDATION'S EXEMPT PURPOSE IS TO PROVIDE SPACE FOR PERFORMING ARTS AND COMMUNITY ARTS PROGRAMS. THE SPACE THAT IS PROVIDED IS FUNDED BY CHARGING THE OCCUPANCY FEES.
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
3333 WASHINGTON INC 501(C)(2) KRANZBERG ARTS FOUNDATION IS THE PARENT ORGANIZATION.
KAF DELMAR INC 501(C)(2) KRANZBERG ARTS FOUNDATION IS THE PARENT ORGANIZATION.
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE KRANZBERG ARTS FOUNDATION
 
Employer identification number

26-0482903
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE KRANZBERG ARTS FOUNDATION
  		Employer identification number
26-0482903
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
THE KRANZBERG FAMILY CHARITABLE FOUNDATION
 
50 PICARDY LANE
 
ST LOUIS, MO63124

$ 3,020,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE KRANZBERG ARTS FOUNDATION
  		Employer identification number

26-0482903
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE KRANZBERG ARTS FOUNDATION
  		Employer identification number

26-0482903
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEE 68,813 13,763 49,858 18,955

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TY 2024 AmortizationSchedule
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
LEASE COSTS 2015-04-01 10,441 9,135 120.000000000000 1,044 1,044 1,044 10,179
3222-3228 LOCUST-COMMISSION 2018-09-07 10,000 10,000 36.000000000000   0 0 10,000
LOAN FEES 2022-07-11 7,508 2,253 60.000000000000 1,502 1,502 1,502 3,755

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TY 2024 DepreciationSchedule
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
BUILDING-3300 SAMUEL SHEPARD DRIVE 2014-07-01 517,681 125,550 SL 39.000000000000 13,273 13,273 13,273  
LAND 2014-07-01 76,350   L   0 0 0  
PARKING LOT-3301 SAMUEL SHEPARD DRIVE 2014-07-01 71,060   L   0 0 0  
LAND IMPROVEMENTS-3301 SAMUEL SHEPARD DRIVE 2014-07-01 21,558 7,010 SL 15.000000000000 719 719 719  
BUILDING-3300 SAMUEL SHEPARD DRIVE 2014-07-01 172,560 41,847 SL 39.000000000000 4,424 0 4,424  
LAND 2014-07-01 25,450   L   0 0 0  
PROJECTION EQUIPMENT 2014-09-09 1,890 1,890 SL 5.000000000000 0 0 0  
3310 SAMUEL SHEPARD DRIVE-IMPROVEMENTS 2015-09-01 370,208 78,835 SL 39.000000000000 9,492 0 9,492  
STAGE LIGHTING AND EQUIPMENT 2015-09-01 65,645 65,645 SL 7.000000000000 0 0 0  
FURNITURE AND FIXTURES 2015-09-01 25,895 25,895 SL 7.000000000000 0 0 0  
LAND IMPROVEMENTS-3301 SAMUEL SHEPARD DRIVE 2015-08-31 5,050 2,808 SL 15.000000000000 337 337 337  
3322 SAMUEL SHEPARD DRIVE-LAND 2015-03-18 32,303   L   0 0 0  
3225-3227 LOCUST-PARKING LOT 2016-01-01 100,543   L   0 0 0  
3222-3228 LOCUST-BUILDING 2016-01-01 1,251,122 255,343 SL 39.000000000000 32,079 32,079 32,079  
3222-3228 LOCUST-LAND 2016-01-01 5,965   L   0 0 0  
3225-3227 LOCUST-PARKING LOT 2016-01-01 100,543   L   0 0 0  
3222-3228 LOCUST-BUILDING 2016-01-01 1,251,122 255,343 SL 39.000000000000 32,079 0 32,079  
3222-3228 LOCUST-LAND 2016-01-01 5,965   L   0 0 0  
FURNITURE AND FIXTURES 2016-01-01 47,150 47,150 SL 7.000000000000 0 0 0  
501 N GRAND-CONDOMINIUM 2015-08-01 1,129,525 242,565 SL 39.000000000000 28,961 0 28,961  
CIRCUS TENT 2016-12-28 150,000 150,000 SL 7.000000000000 0 0 0  
AUDIO VISUAL AND AUDIO EQUIPMENT 2016-11-01 74,066 74,066 SL 7.000000000000 0 0 0  
KITCHEN APPLIANCES 2016-09-15 3,496 3,493 SL 7.000000000000 0 0 0  
BUILDING IMPROVEMENTS-3300 SAMUEL SHEPARD DRIVE 2016-12-01 3,638 655 SL 39.000000000000 93 0 93  
LAND IMPROVEMENTS-3301 SAMUEL SHEPARD DRIVE 2016-12-01 850   L   0 0 0  
BUILDING ROOF-3300 SAMUEL SHEPARD DRIVE 2016-11-01 21,434 3,919 SL 39.000000000000 550 0 550  
BUILDING IMPROVEMENTS 3222-3228 LOCUST 2016-11-01 239,746 43,799 SL 39.000000000000 6,147 0 6,147  
FURNITURE AND FIXTURES 3224 LOCUST 2016-11-01 26,626 26,626 SL 7.000000000000 0 0 0  
BUILDING IMPROVEMENTS 3222-3228 LOCUST 2016-11-01 239,746 43,799 SL 39.000000000000 6,147 6,147 6,147  
BUILDING IMPROVEMENTS 3222-3228 LOCUST 2017-08-31 219,815 35,695 SL 39.000000000000 5,636 5,636 5,636  
BUILDING IMPROVEMENTS 3222-3228 LOCUST 2017-08-31 219,815 35,933 SL 39.000000000000 5,636 0 5,636  
FURNITURE AND FIXTURES 2017-05-03 3,500 3,333 SL 7.000000000000 167 0 167  
IMPROVEMENTS - BIG TOP 2017-11-09 121,269 19,043 SL 39.000000000000 3,109 0 3,109  
LAND-3401 WASH AVE BIG TOP 2017-08-03 1,001,612   L   0 0 0  
BUILDING-3610 GRANDEL SQUARE 2017-11-16 1,459,133 229,156 SL 39.000000000000 37,412 0 37,412  
IMPROVEMENTS-3610 GRANDEL SQUARE 2017-11-16 955,481 150,061 SL 39.000000000000 24,499 0 24,499  
FURNITURE AND FIXTURES-3610 GRANDEL 2017-11-16 14,900 12,951 SL 7.000000000000 1,949 0 1,949  
IMPROVEMENTS-501 N GRAND 2017-02-02 1,420 248 SL 39.000000000000 36 0 36  
LAND-3300 DELMAR BLVD 2017-12-14 5,687   L   0 0 0  
LAND-3312 DELMAR BLVD 2017-04-26 9,593   L   0 0 0  
LOAN COST-GRANDEL 2017-11-16 1,000 1,000 SL 5.000000000000 0 0 0  
BUILDING NORTH 13TH ST 2017-05-01 241,800 41,081 SL 39.000000000000 6,200 0 6,200  
LAND NORTH 13TH ST 2017-05-01 15,600   L   0 0 0  
VACANT LAND NORTH 13TH ST 2017-05-01 2,600   L   0 0 0  
LAND-3610 GRANDEL SQUARE 2017-11-16 173,800   L   0 0 0  
BUILDING IMPROVEMENTS 3300 SAMUEL SHEPARD 2017-08-07 5,659 2,419 SL 15.000000000000 377 0 377  
BUILDING IMPROVEMENTS 3222-3228 LOCUST 2018-08-31 114,053 15,595 SL 39.000000000000 2,924 2,924 2,924  
BUILDING IMPROVEMENTS 3222-3228 LOCUST 2018-08-31 114,053 15,595 SL 39.000000000000 2,924 0 2,924  
LAND IMPROVEMENTS - BIG TOP 2018-08-31 295,568 105,093 SL 15.000000000000 19,705 0 19,705  
3301 WASHINGTON AVE BUILDING 2019-11-01 233,995 25,000 SL 39.000000000000 6,000 6,000 6,000  
3301 WASHINGTON AVE LAND 2019-11-01 16,696   L   0 0 0  
3301 WASHINGTON AVE IMPROVEMENTS 2019-11-01 88,284 9,433 SL 39.000000000000 2,264 2,264 2,264  
FURNITURE AND FIXTURES-3610 GRANDEL 2018-08-31 3,431 2,613 SL 7.000000000000 490 0 490  
IMPROVEMENTS-3610 GRANDEL SQUARE 2018-08-31 21,456 2,933 SL 39.000000000000 550 0 550  
IMPROVEMENTS - N 13TH ST 2018-10-31 4,200 558 SL 39.000000000000 108 0 108  
3310 SAMUEL SHEPARD DRIVE-IMPROVEMENTS 2018-08-31 2,250 309 SL 39.000000000000 58 0 58  
EARTHWAYS HOUSE 2019-07-30 410,000 46,432 SL 39.000000000000 10,513 0 10,513  
EARTHWAYS HOUSE IMPROVEMENTS 2019-11-30 6,850 726 SL 39.000000000000 176 0 176  
FURNITURE AND FIXTURES 2019-05-24 2,057 1,347 SL 7.000000000000 294 0 294  
LAND IMPROVEMENTS - BIG TOP 2019-09-30 9,467 2,682 SL 15.000000000000 631 0 631  
IMPROVEMENTS-3610 GRANDEL SQUARE 2019-06-30 208,580 24,293 SL 39.000000000000 5,348 0 5,348  
3301 WASHINGTON AVE IMPROVEMENTS 2019-11-01 929,698 99,325 SL 39.000000000000 23,838 23,838 23,838  
LAND IMPROVEMENTS-3301 SAMUEL SHEPARD DRIVE 2019-05-31 16,922 5,170 SL 15.000000000000 1,128 1,128 1,128  
3301 WASHINGTON AVE BUILDING 2019-11-01 233,995 25,000 SL 39.000000000000 6,000 0 6,000  
3301 WASHINGTON AVE LAND 2019-11-01 16,696   L   0 0 0  
3301 WASHINGTON AVE IMPROVEMENTS 2019-11-01 88,284 9,433 SL 39.000000000000 2,264 0 2,264  
3301 WASHINGTON AVE IMPROVEMENTS 2019-11-01 929,698 99,325 SL 39.000000000000 23,838 0 23,838  
BUILDING IMPROVEMENTS 3222-3228 LOCUST 2020-02-29 6,350 625 SL 39.000000000000 163 163 163  
BUILDING IMPROVEMENTS 3222-3228 LOCUST 2020-02-29 6,350 625 SL 39.000000000000 163 0 163  
3310 SAMUEL SHEPARD DRIVE-IMPROVEMENTS 2020-07-31 188,250 16,492 SL 39.000000000000 4,827 0 4,827  
3301 WASHINGTON AVE IMPROVEMENTS 2020-07-31 156,402 13,701 SL 39.000000000000 4,010 4,010 4,010  
3301 WASHINGTON AVE IMPROVEMENTS 2020-07-31 156,402 13,701 SL 39.000000000000 4,010 0 4,010  
LAND IMPROVEMENTS - BIG TOP 2020-10-31 143,538 30,302 SL 15.000000000000 9,569 0 9,569  
EARTHWAYS HOUSE IMPROVEMENTS 2020-07-31 131,955 11,559 SL 39.000000000000 3,383 0 3,383  
501 N GRAND 2020-06-30 39,310 3,528 SL 39.000000000000 1,008 0 1,008  
BUILDING IMPROVEMENTS 3222-3228 LOCUST 2021-08-31 29,728 1,778 SL 39.000000000000 762 0 762  
BUILDING IMPROVEMENTS 3222-3228 LOCUST 2021-08-31 29,728 1,778 SL 39.000000000000 762 762 762  
FURNITURE AND FIXTURES 3224 LOCUST 2021-05-31 52,096 19,225 SL 7.000000000000 7,442 0 7,442  
IMPROVEMENTS - BIG TOP 2021-05-31 76,561 5,071 SL 39.000000000000 1,963 0 1,963  
EARTHWAYS HOUSE IMPROVEMENTS 2021-04-05 4,474 316 SL 39.000000000000 115 0 115  
EARTHWAYS HOUSE IMPROVEMENTS 2021-07-12 3,568 228 SL 39.000000000000 91 0 91  
LAND IMPROVEMENT - 3312 DELMAR 2021-06-01 1,580 271 SL 15.000000000000 105 0 105  
2021 IMPROVEMENTS 2021-06-30 538,811 34,540 SL 39.000000000000 13,816 13,816 13,816  
KAF ART COLLECTION 2021-12-31 122,100   NC 0 % 0 0 0  
3318 WASHINGTON AVE BUILDING 2022-05-01 185,923 7,945 SL 39.000000000000 4,767 4,767 4,767  
3318 WASHINGTON AVE LAND 2022-05-01 30,000   L   0 0 0  
3318 2021 IMPROVEMENTS 2022-05-01 6,000 257 SL 39.000000000000 154 154 154  
3701 GRANDEL SQ BUILDING 2022-12-01 1,447,178 40,199 SL 39.000000000000 37,107 37,107 37,107  
3701 GRANDEL SQ LAND 2022-12-01 160,000   L   0 0 0  
2022 IMPROVEMENTS 2022-09-30 450,518 14,440 SL 39.000000000000 11,552 11,552 11,552  
3318 2022 IMPROVEMENTS 2022-05-01 841,231 35,950 SL 39.000000000000 21,570 21,570 21,570  
3701 2022 IMPROVEMENTS 2022-12-01 123,786 3,439 SL 39.000000000000 3,174 3,174 3,174  
2022 BIG TOP IMPROVEMENTS 2022-09-30 15,000 481 SL 39.000000000000 385 0 385  
SUN THEATRE PARKING LOT 2022-08-18 551,150   L   0 0 0  
KAF ART COLLECTION 2022 ADDITIONS 2022-05-01 3,739   NC 0 % 0 0 0  
3200 SAMUEL SHEPARD - BUILDING 2022-05-23 8,456 343 SL 39.000000000000 217 0 217  
3200 SAMUEL SHEPARD BUILDING 2022-05-23 8,456 343 SL 39.000000000000 217 217 217  
3200 SAMUEL SHEPARD - LAND 2022-05-23 8,333   L   0 0 0  
3204 SAMUEL SHEPARD - BUILDING 2022-05-23 33,824 1,373 SL 39.000000000000 867 0 867  
3204 SAMUEL SHEPARD - LAND 2022-05-23 33,333   L   0 0 0  
3204 SAMUEL SHEPARD - BUILDING 2022-05-23 33,824 1,373 SL 39.000000000000 867 867 867  
MATI SIGNAGE 2022-09-09 15,291 1,359 SL 15.000000000000 1,019 0 1,019  
MATI ENTRANCE 2022-09-09 54,433 4,839 SL 15.000000000000 3,629 0 3,629  
3707 & 3711 GRANDEL SQ LAND 2022-08-08 112,219   L   0 0 0  
3318 2023 IMPROVEMENTS 2023-07-18 82,369 880 SL 39.000000000000 2,112 2,112 2,112  
2023 IMPROVEMENTS 2023-05-31 250,753 3,751 SL 39.000000000000 6,430 6,430 6,430  
3701 2023 IMPROVEMENTS 2023-07-31 571,096 6,101 SL 39.000000000000 14,643 14,643 14,643  
15 IPADS WITH STANDS 2023-10-12 7,170 359 SL 5.000000000000 1,434 0 1,434  
KAF ART COLLECTION 2023 ADDITIONS 2023-09-27 4,752   NC 0 % 0 0 0  
2013 CHEVROLET TRUCK 2024-03-12 9,325   200DB 5.000000000000 6,341 0 1,554  
KAF ART COLLECTION 2024 ADDITIONS 2024-10-15 11,600   NC 0 % 0 0 0  
2024 IMPROVEMENTW - BODEGA 2024-12-27 28,761   SL 39.000000000000 0 0 0  
3701 2024 IMPROVEMENTS 2024-08-09 69,545   SL 39.000000000000 743 743 743  

TY 2024 InvestmentsLandSchedule2
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING-3300 SAMUEL SHEPARD DRIVE 517,681 138,823 378,858 378,858
LAND 76,350 0 76,350 76,350
LEASE COSTS 10,441 10,179 262 262
PARKING LOT-3301 SAMUEL SHEPARD DRIVE 71,060 0 71,060 71,060
LAND IMPROVEMENTS-3301 SAMUEL SHEPARD DRIVE 21,558 18,508 3,050 3,050
LAND IMPROVEMENTS-3301 SAMUEL SHEPARD DRIVE 5,050 3,145 1,905 1,905
3225-3227 LOCUST-PARKING LOT 100,543 0 100,543 100,543
3222-3228 LOCUST-BUILDING 1,251,122 287,422 963,700 963,700
3222-3228 LOCUST-LAND 5,965 0 5,965 5,965
BUILDING IMPROVEMENTS 3222-3228 LOCUST 239,746 49,946 189,800 189,800
BUILDING IMPROVEMENTS 3222-3228 LOCUST 219,815 41,331 178,484 178,484
BUILDING IMPROVEMENTS 3222-3228 LOCUST 114,053 18,519 95,534 95,534
3301 WASHINGTON AVE BUILDING 233,995 31,000 202,995 202,995
3301 WASHINGTON AVE LAND 16,696 0 16,696 16,696
3301 WASHINGTON AVE IMPROVEMENTS 88,284 11,697 76,587 76,587
3301 WASHINGTON AVE IMPROVEMENTS 929,698 123,163 806,535 806,535
LAND IMPROVEMENTS-3301 SAMUEL SHEPARD DRIVE 16,922 6,298 10,624 10,624
BUILDING IMPROVEMENTS 3222-3228 LOCUST 6,350 788 5,562 5,562
3301 WASHINGTON AVE IMPROVEMENTS 156,402 17,711 138,691 138,691
3222-3228 LOCUST-COMMISSION 10,000 10,000 0 0
BUILDING IMPROVEMENTS 3222-3228 LOCUST 29,728 2,540 27,188 27,188
2021 IMPROVEMENTS 538,811 48,356 490,455 490,455
3318 WASHINGTON AVE BUILDING 185,923 12,712 173,211 173,211
3318 WASHINGTON AVE LAND 30,000 0 30,000 30,000
3318 2021 IMPROVEMENTS 6,000 411 5,589 5,589
3701 GRANDEL SQ BUILDING 1,447,178 77,306 1,369,872 1,369,872
3701 GRANDEL SQ LAND 160,000 0 160,000 160,000
2022 IMPROVEMENTS 450,518 25,992 424,526 424,526
LOAN FEES 7,508 3,755 3,753 3,753
3318 2022 IMPROVEMENTS 841,231 57,520 783,711 783,711
3701 2022 IMPROVEMENTS 123,786 6,613 117,173 117,173
3200 SAMUEL SHEPARD BUILDING 8,456 560 7,896 7,896
3204 SAMUEL SHEPARD - BUILDING 33,824 2,240 31,584 31,584
3707 & 3711 GRANDEL SQ LAND 112,219 0 112,219 112,219
3318 2023 IMPROVEMENTS 82,369 2,992 79,377 79,377
2023 IMPROVEMENTS 250,753 10,181 240,572 240,572
3701 2023 IMPROVEMENTS 571,096 20,744 550,352 550,352
2024 IMPROVEMENTW - BODEGA 28,761 0 28,761 28,761
3701 2024 IMPROVEMENTS 69,545 743 68,802 68,802

TY 2024 LandEtcSchedule2
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING-3300 SAMUEL SHEPARD DRIVE 172,560 46,271 126,289 126,289
LAND 25,450 0 25,450 25,450
PROJECTION EQUIPMENT 1,890 1,890 0 0
3310 SAMUEL SHEPARD DRIVE-IMPROVEMENTS 370,208 88,327 281,881 281,881
STAGE LIGHTING AND EQUIPMENT 65,645 65,645 0 0
FURNITURE AND FIXTURES 25,895 25,895 0 0
3322 SAMUEL SHEPARD DRIVE-LAND 32,303 0 32,303 32,303
3225-3227 LOCUST-PARKING LOT 100,543 0 100,543 100,543
3222-3228 LOCUST-BUILDING 1,251,122 287,422 963,700 963,700
3222-3228 LOCUST-LAND 5,965 0 5,965 5,965
FURNITURE AND FIXTURES 47,150 47,150 0 0
501 N GRAND-CONDOMINIUM 1,129,525 271,526 857,999 857,999
CIRCUS TENT 150,000 150,000 0 0
AUDIO VISUAL AND AUDIO EQUIPMENT 74,066 74,066 0 0
KITCHEN APPLIANCES 3,496 3,493 3 3
BUILDING IMPROVEMENTS-3300 SAMUEL SHEPARD DRIVE 3,638 748 2,890 2,890
LAND IMPROVEMENTS-3301 SAMUEL SHEPARD DRIVE 850 0 850 850
BUILDING ROOF-3300 SAMUEL SHEPARD DRIVE 21,434 4,469 16,965 16,965
BUILDING IMPROVEMENTS 3222-3228 LOCUST 239,746 49,946 189,800 189,800
FURNITURE AND FIXTURES 3224 LOCUST 26,626 26,626 0 0
BUILDING IMPROVEMENTS 3222-3228 LOCUST 219,815 41,569 178,246 178,246
FURNITURE AND FIXTURES 3,500 3,500 0 0
IMPROVEMENTS - BIG TOP 121,269 22,152 99,117 99,117
LAND-3401 WASH AVE BIG TOP 1,001,612 0 1,001,612 1,001,612
BUILDING-3610 GRANDEL SQUARE 1,459,133 266,568 1,192,565 1,192,565
IMPROVEMENTS-3610 GRANDEL SQUARE 955,481 174,560 780,921 780,921
FURNITURE AND FIXTURES-3610 GRANDEL 14,900 14,900 0 0
IMPROVEMENTS-501 N GRAND 1,420 284 1,136 1,136
LAND-3300 DELMAR BLVD 5,687 0 5,687 5,687
LAND-3312 DELMAR BLVD 9,593 0 9,593 9,593
LOAN COST-GRANDEL 1,000 1,000 0 0
BUILDING NORTH 13TH ST 241,800 47,281 194,519 194,519
LAND NORTH 13TH ST 15,600 0 15,600 15,600
VACANT LAND NORTH 13TH ST 2,600 0 2,600 2,600
LAND-3610 GRANDEL SQUARE 173,800 0 173,800 173,800
BUILDING IMPROVEMENTS 3300 SAMUEL SHEPARD 5,659 2,796 2,863 2,863
BUILDING IMPROVEMENTS 3222-3228 LOCUST 114,053 18,519 95,534 95,534
LAND IMPROVEMENTS - BIG TOP 295,568 124,798 170,770 170,770
FURNITURE AND FIXTURES-3610 GRANDEL 3,431 3,103 328 328
IMPROVEMENTS-3610 GRANDEL SQUARE 21,456 3,483 17,973 17,973
IMPROVEMENTS - N 13TH ST 4,200 666 3,534 3,534
3310 SAMUEL SHEPARD DRIVE-IMPROVEMENTS 2,250 367 1,883 1,883
EARTHWAYS HOUSE 410,000 56,945 353,055 353,055
EARTHWAYS HOUSE IMPROVEMENTS 6,850 902 5,948 5,948
FURNITURE AND FIXTURES 2,057 1,641 416 416
LAND IMPROVEMENTS - BIG TOP 9,467 3,313 6,154 6,154
IMPROVEMENTS-3610 GRANDEL SQUARE 208,580 29,641 178,939 178,939
3301 WASHINGTON AVE BUILDING 233,995 31,000 202,995 202,995
3301 WASHINGTON AVE LAND 16,696 0 16,696 16,696
3301 WASHINGTON AVE IMPROVEMENTS 88,284 11,697 76,587 76,587
3301 WASHINGTON AVE IMPROVEMENTS 929,698 123,163 806,535 806,535
BUILDING IMPROVEMENTS 3222-3228 LOCUST 6,350 788 5,562 5,562
3310 SAMUEL SHEPARD DRIVE-IMPROVEMENTS 188,250 21,319 166,931 166,931
3301 WASHINGTON AVE IMPROVEMENTS 156,402 17,711 138,691 138,691
LAND IMPROVEMENTS - BIG TOP 143,538 39,871 103,667 103,667
EARTHWAYS HOUSE IMPROVEMENTS 131,955 14,942 117,013 117,013
501 N GRAND 39,310 4,536 34,774 34,774
BUILDING IMPROVEMENTS 3222-3228 LOCUST 29,728 2,540 27,188 27,188
FURNITURE AND FIXTURES 3224 LOCUST 52,096 26,667 25,429 25,429
IMPROVEMENTS - BIG TOP 76,561 7,034 69,527 69,527
EARTHWAYS HOUSE IMPROVEMENTS 4,474 431 4,043 4,043
EARTHWAYS HOUSE IMPROVEMENTS 3,568 319 3,249 3,249
LAND IMPROVEMENT - 3312 DELMAR 1,580 376 1,204 1,204
KAF ART COLLECTION 122,100 0 122,100 122,100
2022 BIG TOP IMPROVEMENTS 15,000 866 14,134 14,134
SUN THEATRE PARKING LOT 551,150 0 551,150 551,150
KAF ART COLLECTION 2022 ADDITIONS 3,739 0 3,739 3,739
3200 SAMUEL SHEPARD - BUILDING 8,456 560 7,896 7,896
3200 SAMUEL SHEPARD - LAND 8,333 0 8,333 8,333
3204 SAMUEL SHEPARD - BUILDING 33,824 2,240 31,584 31,584
3204 SAMUEL SHEPARD - LAND 33,333 0 33,333 33,333
MATI SIGNAGE 15,291 2,378 12,913 12,913
MATI ENTRANCE 54,433 8,468 45,965 45,965
15 IPADS WITH STANDS 7,170 1,793 5,377 5,377
KAF ART COLLECTION 2023 ADDITIONS 4,752 0 4,752 4,752
2013 CHEVROLET TRUCK 9,325 6,341 2,984 2,984
KAF ART COLLECTION 2024 ADDITIONS 11,600 0 11,600 11,600


TY 2024 LegalFeesSchedule
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEE 76,683 0 50,280 26,403


TY 2024 LoansFromOfficersSchedule
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903

Item No. 1
Lender's Name KENNETH S KRANZBERG REVOCABLE TRUST
Lender's Title TRUSTEE
Original Amount of Loan 3400000
Balance Due 3400000
Date of Note 2017-08
Maturity Date 2045-12
Repayment Terms UPON MATURITY
Interest Rate 0.000000000000
Security Provided by Borrower NON-RECOURSE
Purpose of Loan PURCHASE REAL ESTATE
Description of Lender Consideration CASH
Consideration FMV  

Item No. 2
Lender's Name KRANZBERG FAMILY FOUNDATION
Lender's Title  
Original Amount of Loan 4300000
Balance Due 4300000
Date of Note 2023-12
Maturity Date 2028-12
Repayment Terms INTEREST ONLY, PRINCIPAL UPON MATURITY
Interest Rate 5.000000000000
Security Provided by Borrower  
Purpose of Loan BUSEY BANK PAYOFF
Description of Lender Consideration CASH
Consideration FMV  

Item No. 3
Lender's Name KAF DELMAR INC
Lender's Title  
Original Amount of Loan 1600000
Balance Due 1614137
Date of Note 2024-11
Maturity Date 2032-12
Repayment Terms QUARTERLY
Interest Rate 7.500000000000
Security Provided by Borrower  
Purpose of Loan PURCHASE REAL ESTATE
Description of Lender Consideration CASH
Consideration FMV  


TY 2024 MortgagesAndNotesPayableSch
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Total Mortgage Amount:  

Item No. 1
Lender's Name KENNETH S KRANZBERG REVOCABLE TRUST
Lender's Title TRUSTEE
Relationship to Insider  
Original Amount of Loan 3,400,000
Balance Due 3,400,000
Date of Note 2017-08
Maturity Date 2045-12
Repayment Terms UPON MATURITY
Interest Rate 0.000000000000
Security Provided by Borrower NON-RECOURSE
Purpose of Loan PURCHASE REAL ESTATE
Description of Lender Consideration CASH
Consideration FMV  

Item No. 2
Lender's Name US SMALL BUSINESS ADMINISTRATION
Lender's Title  
Relationship to Insider  
Original Amount of Loan 499,900
Balance Due 489,617
Date of Note 2020-06
Maturity Date 2050-06
Repayment Terms MONTHLY
Interest Rate 2.750000000000
Security Provided by Borrower  
Purpose of Loan DISASTER ASSISTANCE
Description of Lender Consideration CASH
Consideration FMV  

Item No. 3
Lender's Name ST LOUIS NEW MARKETS TAX CREDIT FUND 59 LLC
Lender's Title  
Relationship to Insider  
Original Amount of Loan 538,811
Balance Due 462,023
Date of Note  
Maturity Date  
Repayment Terms MONTHLY
Interest Rate 5.250000000000
Security Provided by Borrower  
Purpose of Loan REAL ESTATE IMPROVEMENTS
Description of Lender Consideration CASH
Consideration FMV  

Item No. 4
Lender's Name SIMMONS BANK
Lender's Title  
Relationship to Insider  
Original Amount of Loan 1,440,000
Balance Due 1,344,522
Date of Note 2022-07
Maturity Date 2027-07
Repayment Terms MONTHLY
Interest Rate 4.780000000000
Security Provided by Borrower 3301 WASHINGTON AVENUE ST. LOUIS, MO
Purpose of Loan REAL ESTATE IMPROVEMENTS
Description of Lender Consideration CASH
Consideration FMV  

Item No. 5
Lender's Name KRANZBERG FAMILY FOUNDATION
Lender's Title  
Relationship to Insider  
Original Amount of Loan 4,300,000
Balance Due 4,300,000
Date of Note 2023-12
Maturity Date 2028-12
Repayment Terms INTEREST ONLY, PRINCIPAL UPON MATURITY
Interest Rate 5.000000000000
Security Provided by Borrower  
Purpose of Loan BUSEY BANK PAYOFF
Description of Lender Consideration CASH
Consideration FMV  

Item No. 6
Lender's Name BROTHERS LAZAROFF LLC
Lender's Title  
Relationship to Insider  
Original Amount of Loan 650,000
Balance Due 650,000
Date of Note 2024-02
Maturity Date 2026-12
Repayment Terms  
Interest Rate 5.000000000000
Security Provided by Borrower  
Purpose of Loan LINE OF CREDIT
Description of Lender Consideration CASH
Consideration FMV  

Item No. 7
Lender's Name KAF DELMAR INC
Lender's Title  
Relationship to Insider  
Original Amount of Loan 1,600,000
Balance Due 1,614,137
Date of Note 2024-11
Maturity Date 2032-12
Repayment Terms QUARTERLY
Interest Rate 7.500000000000
Security Provided by Borrower  
Purpose of Loan PURCHASE REAL ESTATE
Description of Lender Consideration CASH
Consideration FMV  

Item No. 8
Lender's Name CATALYTIC HOLDINGS LLC
Lender's Title  
Relationship to Insider  
Original Amount of Loan 1,000,000
Balance Due 1,000,000
Date of Note 2024-08
Maturity Date  
Repayment Terms MONTHLY
Interest Rate 5.500000000000
Security Provided by Borrower  
Purpose of Loan PURCHASE REAL ESTATE
Description of Lender Consideration CASH
Consideration FMV  

Item No. 9
Lender's Name LANDMARKS ASSOCIATION OF ST LOUIS
Lender's Title  
Relationship to Insider  
Original Amount of Loan 250,000
Balance Due 250,000
Date of Note 2024-01
Maturity Date 2029-01
Repayment Terms INTEREST MONTHLY PAYMENTS, FINAL PAYMENT INCLUDES PRINCIPAL LUMP SUM
Interest Rate 5.300000000000
Security Provided by Borrower  
Purpose of Loan PURCHASE REAL ESTATE
Description of Lender Consideration CASH
Consideration FMV  

Item No. 10
Lender's Name RIO VISTA FOUNDATION
Lender's Title  
Relationship to Insider  
Original Amount of Loan 1,500,000
Balance Due 1,490,975
Date of Note 2024-10
Maturity Date 2031-10
Repayment Terms MONTHLY
Interest Rate 3.000000000000
Security Provided by Borrower  
Purpose of Loan ADVANCE CHARITABLE MISSION
Description of Lender Consideration CASH
Consideration FMV  

Item No. 11
Lender's Name BUSEY BANK
Lender's Title  
Relationship to Insider  
Original Amount of Loan 350,000
Balance Due 350,000
Date of Note 2024-03
Maturity Date 2026-03
Repayment Terms INTEREST MONTHLY PAYMENTS, FINAL PAYMENT INCLUDES PRINCIPAL LUMP SUM
Interest Rate 8.500000000000
Security Provided by Borrower  
Purpose of Loan LINE OF CREDIT
Description of Lender Consideration CASH
Consideration FMV  


TY 2024 OtherAssetsSchedule
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SALES TAX BOND DEPOSIT 1,000 1,000 1,000
SERIES B REVENUE BOND-CONFLUENCE ACADEMY PROJECT 746,590 705,775 705,775
3214-3225 OLIVE ST/THE KEY - NOT YET PLACED IN SERVICE 0 809,194 809,194
OLIVE CATALYTIC DISBURSEMENT HOLDING ACCOUNT 0 1,000,000 1,000,000


TY 2024 OtherExpensesSchedule
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVERTISING 63,328 0 41,523 21,805
ART RENTAL EXPENSE 60,528 0 39,687 20,841
ARTIST/PROGRAM FEES 1,078,323 0 621,532 456,791
ARTIST-MUSIC 245,305 0 67,767 177,538
AUDIO VISUAL EXPENSE 17,998 0 11,801 6,197
BANK AND MERCHANT FEES 28,571 0 18,733 9,838
CLEANING SERVICES 339,399 0 222,538 116,861
COMMUNITY ENGAGEMENT 1,019 0 668 351
DUES AND SUBSCRIPTIONS 20,206 0 13,249 6,957
ENTERTAINMENT 800 0 0 0
INSURANCE 201,923 78,411 159,395 42,527
IT/WEBSITE 11,591 0 7,600 3,991
MAINTENANCE 218,586 0 143,323 75,263
MARKETING 275,880 0 76,214 199,666
OFFICE EXPENSE 6,294 0 4,127 2,167
PAYROLL PROCESSING FEES 9,335 0 6,121 3,214
PENALTIES 197 0 0 0
PRODUCTION/LOGISTICS 490,726 0 135,566 355,160
PROFESSIONAL DEVELOPMENT 1,731 0 1,135 596
RENT EXPENSE 44,058 0 28,888 15,170
REPAIRS 141,830 0 92,995 48,835
SECURITY AND SAFETY 268,477 0 176,035 92,442
STATIONERY & PRINTING 8,058 0 5,284 2,774
TAXES AND LICENSES 27,472 0 18,013 9,459
TELEPHONE/INTERNET 30,604 0 20,067 10,537
CLEANING SERVICES 32,849 32,849 32,849 0
TELEPHONE/INTERNET 0 0 0 0
EVENT EXPENSE 100,068 100,068 100,068 0
EVENT EXPENSE 186 186 186 0
EVENT EXPENSE 32,881 32,881 32,881 0
EVENT EXPENSE 40,500 40,500 40,500 0
EVENT EXPENSE 614 614 614 0
EVENT EXPENSE 2,997 2,997 2,997 0
AMORTIZATION 2,546 2,546 2,546 0


TY 2024 OtherIncomeSchedule2
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
TICKETING REVENUE 368,190   368,190
NON INVESTMENT RENTAL INCOME 751,863   751,863
SPONSORSHIP INCOME 428,084   428,084
MERCHANDISE INCOME 11,262   11,262
OTHER INCOME 1,745   1,745


TY 2024 OtherLiabilitiesSchedule
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Description Beginning of Year - Book Value End of Year - Book Value
MO-2ENT PAYABLE 2,000 0
UNDEPOSITED FUNDS 0 4,369


TY 2024 OtherProfessionalFeesSchedule
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 76,401 0 50,095 26,306
PROFESSIONAL FEES 337,574 0 221,341 116,233


TY 2024 TaxesSchedule
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REAL ESTATE TAX 33,216 33,216 33,216 0
REAL ESTATE TAX 31,324 31,324 31,324 0
REAL ESTATE TAX 9,439 9,439 9,439 0
REAL ESTATE TAX 2,473 2,473 2,473 0


TY 2024 TransfersToControlledEntities
Name:
THE KRANZBERG ARTS FOUNDATION
EIN:
26-0482903
Name US /
Foreign Address		 EIN Description Amount
3333 WASHINGTON INC 3224 LOCUST ST STE 401
SAINT LOUIS,MO63103 		85-1392710 RENTAL PAYMENTS TO CONTROLLED ORGANIZATION 104,417
KAF DELMAR INC 3224 LOCUST ST STE 401
SAINT LOUIS,MO63103 		33-2078190 N/A IN 2024 0
Total     104,417