Milwaukee Math and Science Academy Inc

Analysis

Milwaukee Math and Science Academy Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Milwaukee Math and Science Academy Inc reported income of $3.6m and spending of $3.4m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $3.6m (+38%), an average of +8.4% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milwaukee Math and Science Academy Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Early Childhood Development Inc ($3.6m), City Seminary of New York ($3.6m) and Student Clubs of HBS Inc ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $85k (2.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.2m against liabilities of $2.4m, net assets of $817k. It reported 40 employees.