Wisconsin Black Historical Society

Analysis

Wisconsin Black Historical Society is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in June 1990, 36 years ago. 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, Wisconsin Black Historical Society reported income of $156k and spending of $367k, spending 235% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $157k to $156k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisconsin Black Historical Society sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Guardian Foundation Inc ($156k), Maryland Lawyers for the Arts Inc ($156k) and Parent Booster USA Inc ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (12% of expenses). Other salaries and wages came to $22k. At year end it held assets of $749k against liabilities of $0, net assets of $749k.