Tai Chi Chuan Center of Milwaukee Inc

Analysis

Tai Chi Chuan Center of Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in July 1976, 50 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tai Chi Chuan Center of Milwaukee Inc reported income of $91k and spending of $86k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $91k (+8.6%), an average of +8.6% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tai Chi Chuan Center of Milwaukee Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within WI. Charities of a similar size with the same main cause include Veterans History Museum of the Carolinas ($91k), Kuaaina Associates Inc ($91k) and Picco Music Academy Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 67% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.