Wisconsin Foundation for School Music Inc
Analysis
Wisconsin Foundation for School Music Inc is a registered charity in United States, based in Waunakee, WI. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Wisconsin Foundation for School Music Inc reported income of $98k and spending of $62k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $50k to $98k (+96%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 77%. Over the whole period it spent 84% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Wisconsin Foundation for School Music Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Citizens Against Sex Trafficking ($98k), Community Assault Prevention Serv ($98k) and Lake County Childrens Advocacy Center ($98k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $17k (27% of expenses). Other salaries and wages came to $2,206. At year end it held assets of $429k against liabilities of $1,403, net assets of $428k.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Other 46%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Citizens Against Sex Trafficking | Woodbury | $98k |
| Community Assault Prevention Serv | Jackson | $98k |
| Lake County Childrens Advocacy Center | Gurnee | $98k |
| Tobacco-Free Michigan Action Coalition | Okemos | $98k |