Milwaukee County Historical Society

Analysis

Milwaukee County Historical Society is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 1942, 84 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 Historical Society reported income of $1.4m and spending of $1.1m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 81% 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 Historical Society sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Inwater Group Research Inc ($1.4m), City Ballet Inc ($1.4m) and School Justice Project Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $125k (11% of expenses). Other salaries and wages came to $313k. At year end it held assets of $3.5m against liabilities of $280k, net assets of $3.2m. It reported 16 employees.