Milwaukee Arts Partners Corporation

Analysis

Milwaukee Arts Partners Corporation is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in July 2009, 17 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Milwaukee Arts Partners Corporation reported income of $279k and spending of $284k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $250k to $279k (+12%), an average of +2.9% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Milwaukee Arts Partners Corporation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within WI. Charities of a similar size with the same main cause include Ray of Light Theatre ($279k), Ecological Building Network ($279k) and North Carolina Trapshooters Hall of Fame Inc ($279k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $75k. At year end it held assets of $124k against liabilities of $61k, net assets of $63k. It reported 1 employees.