Radio Milwaukee Inc

Analysis

Radio Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Radio Milwaukee Inc reported income of $3.2m and spending of $4.5m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $3.2m (-21%), an average of -5.7% a year. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Radio Milwaukee Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Willa Cather Foundation ($3.2m), Association of Writers & Writing ($3.2m) and Center for Independent Thought Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $271k (6.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.0m against liabilities of $268k, net assets of $3.7m. It reported 41 employees.