Wisconsin Masonic Center Foundation Inc

Analysis

Wisconsin Masonic Center Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Wisconsin Masonic Center Foundation Inc reported income of $284k and spending of $517k, spending 182% of what it took in. Across the 5 years on record, from June 2019 to April 2023, income fell from $410k to $284k (-31%), an average of -8.8% a year. The sharpest change came in the year to April 2023, when income dropped by 18%. Over the whole period it spent 135% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wisconsin Masonic Center Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within WI. Charities of a similar size with the same main cause include People for Change Coalition ($283k), Stovall Foundation ($284k) and Six on Six Volleyball Classic ($283k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 27% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $63k (12% of expenses). Other salaries and wages came to $58k. At year end it held assets of $1.7m against liabilities of $700k, net assets of $993k. It reported 8 employees.