Milwaukee County War Memorial Inc

Analysis

Milwaukee County War Memorial Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 1945, 81 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, Milwaukee County War Memorial Inc reported income of $2.5m and spending of $2.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.5m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 104% 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 County War Memorial Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Due Process of Law Foundation ($2.5m), Baffler Foundation Inc ($2.5m) and Theatre Ensemble ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $266k (12% of expenses). Other salaries and wages came to $505k. At year end it held assets of $13.6m against liabilities of $312k, net assets of $13.3m. It reported 22 employees.