Mysc Inc

Analysis

Mysc Inc is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mysc Inc reported income of $774k and spending of $632k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $759k to $774k (+2.0%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mysc Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include The Colorado Trail Foundation ($774k), Youth Sports Foundation of Tuolumne County ($775k) and Wisconsin Youth Sports Association Inc ($774k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Other salaries and wages came to $220k. At year end it held assets of $414k against liabilities of $252k, net assets of $162k. It reported 23 employees.