Master Singers of Milwaukee Inc

Analysis

Master Singers of Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 1987, 39 years ago. 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 June 2024, Master Singers of Milwaukee Inc reported income of $85k and spending of $79k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $81k to $85k (+5.6%), an average of +5.6% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Master Singers of Milwaukee Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within WI. Charities of a similar size with the same main cause include Royal Palm Ministries Inc ($85k), U S Prayer Track Inc ($85k) and Spokane Kiwanis Charities ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 33% of the total. At year end it held assets of $45k against liabilities of $7,763, net assets of $37k.