Milwaukee Road Historical Association Inc

Analysis

Milwaukee Road Historical Association Inc is a registered charity in United States, based in Ixonia, WI. It received its IRS tax-exemption ruling in October 1986, 40 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, Milwaukee Road Historical Association Inc reported income of $289k and spending of $254k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $293k to $289k (-1.3%), an average of -0.3% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 88% 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 Road Historical Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Studio Ace ($289k), Law Firm Antiracism Alliance Inc ($289k) and City of South Salt Lake Arts Council Inc ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $838k against liabilities of $85k, net assets of $753k.